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Bitcoin Price Analysis: After Sudden Upswing, Bitcoin Price Drifts Downward

Last week, we saw a violent move to the upside as bitcoin rallied 11% over the course of one day. Since peaking in the upper $3,600s, bitcoin has seen close to zero bullish follow-through, and the price has begun to drift downward over the course of the last week:Figure 1: BTC-USD, Hourly Candles, Downward DriftDownward-drifting markets like this can often be a sign that distribution is taking place. дальше »

2019-2-15 00:21


Lightning Network is As Good As Other Traditional Payment Methods Right Now, Study Concludes

Despite having severe scalability problems, Bitcoin remains the most important cryptocurrency with the largest market cap. Its high value has resulted in extremely high fees, and its high level of adoption resulted in transactions taking a long time to confirm, especially in 2017, when the network clogged and BTC reached ATH. дальше »

2019-2-9 16:38


Ethereum Price Action – ETH Tests Key Support Near $100 Level

Ethereum is currently testing a support a level just above the key $100 level. $102.7 is coming into play support and price has already tested the level a number of times. The price fell to this level after a brief recovery which took place on Wednesday failed to overcome resistance at an important Fibonacci retracement […] Ethereum Price Action – ETH Tests Key Support Near $100 Level was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com. дальше »

2019-2-1 19:49


Analyst Claims Bitcoin Could Shortly See Increased Volatility as Crypto Markets Trade Sideways

Coming off of a relatively volatile week, the cryptocurrency markets are currently seeing a bout of sideways trading, with Bitcoin steady in the $3,650 region and most altcoins trading sideways. It is important to note that Bitcoin is still respecting the $3,500 region as a level of support, but its lack of buying pressure signals. дальше »

2019-1-18 01:00


Bitcoin [BTC]: Price Fails to Overcome Resistance

Bitcoin got off to a strong start to the week with an early surge on Monday. Price failed to follow up on this surge and met resistance at $3684 which was an important prior point of support. With price having retraced from the $3684 resistance level, Monday’s surge looks to have formed a lower high […] Bitcoin [BTC]: Price Fails to Overcome Resistance was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com. дальше »

2019-1-16 18:24


Bitcoin Trades Flat as Short Positions and Selling Volume Decline

Bitcoin bulls have been ardently defending the $4,000 price level over the past several days, although they have not gained enough upwards momentum to propel Bitcoin’s price any higher. Despite not maintaining any significant upwards momentum, it is important to note that short positions for the cryptocurrency have been on the decline, which may mean. дальше »

2019-1-10 02:00


Seoul Mayor Confirms to Attend CHAIN PLUS+ Blockchain Summit

CHAIN PLUS+ 2019 blockchain summit: January 23th-24th, 2019. As one of the world’s most popular blockchain and cryptocurrency investment market, South Korea has a high level of enthusiasm for crypto investment, large companies are actively deploying blockchain tracks, and even the Korean government continues to release good news——policy as one of the most important factors in the development of the […] дальше »

2018-12-19 13:27


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Bitcoin Price Analysis: Bear Pennant Breakout Puts $1,700 Price in Sight

Another week, another low. Bitcoin’s market has been bleeding relentlessly for weeks and now, after falling 50% in value in just one month, the market has managed to break south of a major bearish consolidation pattern called a bear pennant:Figure 1: BTC-USD, 4-Hour Candles, Bear Pennant BreakoutThis is a massive bear pennant with a staggering $2,000 measured move. дальше »

2018-12-12 01:52