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Using alternative indicators to confirm sentiment change and price bottom

After the launch of JP Morgan's 'stablecoin' crypto is back in the mainstream narrative which should be a positive for the wider market if it warms public sentiment. While there is no indication this news is a turning point for the bear market it does highlight how we could use alternative indicators alongside price to confirm a breakout into the next bull run. дальше »

2019-2-19 15:00


LocalBitcoins Data Shows 23 Countries Hit All-Time High in Bitcoin Trading Volume at the Bottom of Bear Market

According to the latest analysis of the LocalBitcoins (LBC), a peer-to-peer Bitcoin trading platform, Bitcoin utility around the world is hitting new heights. The author Matt Ahlborg details that exclusive fiat-to-crypto platform, LBC is a costly one as trades on this platform occurs “at an average of 4.5% over the USD equivalent spot price globally.” […] дальше »

2019-2-13 01:35


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Bitcoin Will Recover Without ‘Mainstream Breakout’ in 2019, Says Fundstrat

Fundstrat Global Advisors has published its 2019 outlook on the cryptocurrency market. The document suggests that positive incremental developments are incoming.   Mainstream Adoption Not Needed for Bitcoin to Bottom Tom Lee, Fundstrat Global Advisors’ Head Analyst, has announced the release of the company’s 2019 Outlook on the cryptocurrency market. дальше »

2019-2-12 01:00


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3 Charts Suggesting Bitcoin Price May Be Bottoming

In February 2019, Bitcoin transaction metrics are giving stronger hints than ever that the cryptocurrency is close to the bottom of its latest bear cycle. Bitcoin’s Familiar Moves Data from Blockchain, tracking the number of unspent transaction outputs (UTXOs), confirmed transactions by day and exchange volumes in USD for Bitcoin, reveals lows not seen since 2017. дальше »

2019-2-5 19:00


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Crypto Market Weakens But Bottom Feeders May Stay Hungry

The cryptocurrency market has opened the new trading week under pressure on Monday, with almost the entire top twenty cryptocurrencies by market capitalization trading into the red. No clear fundamental catalyst appears to have provoked the latest crypto sell-off, although there has been speculation over bot trading; the market however appears to have succumbed to […] The post Crypto Market Weakens But Bottom Feeders May Stay Hungry appeared first on Crypto Briefing. дальше »

2019-1-22 21:14


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Bitcoin Price Analysis: Bitcoin Tests Boundary Support as Demand Weakens

Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With the current market unable to close a new high, the market finds itself in a precarious position:Figure 1: BTC-USD, Daily Candles, Range Support TestThe blue support level shown above illustrates the boundary of the multi-week range bitcoin has been bound by. дальше »

2019-1-18 02:02


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Bitcoin Price Analysis: Bulls Too Confident, Too Soon

After the sharp decline for Bitcoin price yesterday retesting the low $3,500s we take a closer look at whats going on with the market. Bitcoin Price: 4-Hour Bitcoin Chart Bitcoin price has failed to regain the critical $3750 point of control so far this week and is still consolidating under it after being rejected by the $4k handle and scuppering the short term hopes of an inverse head and shoulders bottom. дальше »

2019-1-16 17:00


Bitcoin (BTC) Price Bottom Is Near As Crypto Trading Volume Takes A Hit Along With Market Cap

Bitcoin Bottom Near As Crypto Trading Volume Takes A Hit The trading volume of the crypto market has taken a hit of about $2 billion as Bitcoin price slides down to $3,650. According to the Coinmarketcap data, the 24-hour trading volume of the leading cryptocurrency has fallen down to $4.4 billion from $7 billion, two […] дальше »

2019-1-14 00:29


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UTXO Analysis Points to a BTC Price Bottom in Q1 2019

“When will the bear market end?” is the refrain of bored and frustrated traders across crypto Twitter. “Soon” is the answer suggested by Delphi Digital’s latest report. “Bitcoin Holder Analysis Through Cycles” seeks to determine when selling pressure that has deflated BTC prices over the past 12 months will alleviate, signaling that market recovery could […] The post UTXO Analysis Points to a BTC Price Bottom in Q1 2019 appeared first on Bitcoin News. дальше »

2019-1-12 01:10


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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation. дальше »

2019-1-4 02:22


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Bitcoin Bounces above $4,000 as Santa Rally Brings Relief to Markets: BTCManager’s Week in Review

The price of bitcoin rallied by over 20 percent to close the week above the $4,000 thanks to a “Santa Rally ahead of Christmas. After weeks of red markets, this rally provided some relief to crypto investors as the market seems undecided on whether it wants to find a new bottom or rally into the new year. дальше »

2018-12-25 00:00


Ethereum (ETH) Co-founder Joseph Lubin Calls A Crypto Market Bottom

ConsenSys Remains Healthy, Ethereum Is Accelerating Just days after reports arose that ConsenSys, the distributed startup that focuses on bolstering the Ethereum (ETH) ecosystem, was poised to lay off 50% of its staffers, firm founder Joseph Lubin has explained that contrary to community sentiment, all is well in the company’s camps. дальше »

2018-12-22 02:01