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Bitcoin Price Analysis: New Low on Low Volume Breeds Potential Bullish Set-up
Bitcoin sits precariously perched at the bottom of the annual market low and many bitcoin investors aren’t sure what to make of it. Although the market seems to be continuing its drift to new lows with greater and greater ease, there are a couple of bullish signals worth considering while the market continues to consolidate: Figure 1: BTC-USD, Daily Candles, New Market LowOn Friday, June 29, 2018, for the first time this year, the daily candles closed below the annual low of $6,000s. дальше »
2018-7-1 19:35 | |
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Fence Finance Sell-Offs ‘Could’ Misleadingly Low Bitcoin Costs, Predicts Blockchain vc
Blockchain venture capitalist Spencer Bogart forecast “artificial” Bitcoin price suppression June 25 as hedge funds near the end of their lock-up period. Speaking to CNBC, Bogart, who earlier this week claimed Bitcoin would be above $10,000 by the end of the year, warned over “forced selling” which would drive markets lower. I think that could дальше »
2018-6-26 20:58 | |
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Bitcoin Falls to its Lowest Level Since November
Bitcoin has never been lower since November 2017 with its price down by around $1,000 in the past two days to reach a new low of $5,800. That makes it... The post Bitcoin Falls to its Lowest Level Since November appeared first on Trustnodes. дальше »
2018-6-24 12:55 | |
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Ripple Price Analysis: XRP/USD Poised to Extend Gains
Key Highlights Ripple price formed a major low near the $0. 5100 level and bounced back against the US dollar. Yesterday’s important bearish trend line was broken with resistance near $0. 5200 on the hourly chart of the XRP/USD pair (data source from Kraken). дальше »
2018-6-19 09:30 | |
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Bitcoin Price Analysis: Breakdown of Consolidation Tests Bullish Resolve
In the previous BTC-USD market analysis, we discussed a macro pattern forming, called a “symmetrical triangle. ” A symmetrical triangle (shown in red) is a directionally agnostic consolidation pattern. дальше »
2018-6-13 00:05 | |
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