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Bitcoin Price Analysis: Slow Upward Drift Tests Market Supply

A slow, grinding upward drift has been the name of the game for bitcoin’s market over the last few weeks. The upward drift is bringing us slowly to a level that was previously rejected violently:Figure 1: BTC-USD, Daily Candles, Upward DriftOur third rejection of the red resistance level shown above brought the market into a test of macro support in the mid-$3,000s. дальше »

2019-3-23 01:23


What Crypto Bear Market? Japanese Banking Giant SBI Will Soon Mine Bitcoin

SBI Holdings, a major financial and banking giant in Japan, has formally announced the launch of SBI Mining Chip Co. , Ltd. , officially entering the bitcoin mining industry. In recent months, the most dominant forces in the global bitcoin mining industry in the likes of Bitmain, Cannan, and Japanese internet conglomerate GMO have struggled to adjust to market conditions. дальше »

2019-3-23 20:45


BITCOIN SV Price Prediction Today: Daily (BSV) Value Forecast – March 19

  The bears are in control of the short-term while the medium-term outlook remains in consolidation. Patience should be exercise during the consolidation BSV/USD Medium-term Trend: Ranging Supply zones: $90, $100, $120 Demand zones: $50, $40, $30 BSVUSD continues in a range-bound market in its medium-term outlook. The bullish pressure was strong over the weekend […] дальше »

2019-3-19 09:00


Binance Coin (BNB) Market Analysis: Currency Targets $13 Price Level

Supply Zones: $15, $16, $17 Demand Zones: $14, $13, $11 BNB/USD Medium-term Trend: Ranging BNB/USD is gradually changing from the bullish trend to bearish trend on the medium-term outlook. The cryptocurrency has been bullish for more than a week; it started on February 28 with the formation of a strong bullish candle that pushed the […] The post Binance Coin (BNB) Market Analysis: Currency Targets $13 Price Level appeared first on ZyCrypto. дальше »

2019-3-14 15:19


Bitcoin SV (BSV) Daily Price Forecast – March 14

  The medium-term outlook is in consolidation while the short-term is in a bullish trend. Traders should be patient trading the range. BSV/USD Medium-term Trend: Ranging Supply zones: $90, $100, $120 Demand zones: $50, $40, $30 BSVUSD is in a range-bound market in its medium-term outlook. The strong bearish pressure was lost at $63.33 in […] дальше »

2019-3-14 09:22


Dow Surges 200 Points as Manufacturing Rebound Pumps US Stock Market

The Dow and broader U. S. stock market surged on Wednesday after a key gauge of manufacturing demand rose faster than expected in January, raising optimism that the economy was still on track. Dow Jumps Past 25,750; S&P 500, Nasdaq Follow Wall Street’s major indexes rose sharply through the late morning, overcoming a choppy pre-market for Dow futures. дальше »

2019-3-13 19:02


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Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests

Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support:Figure 1: BTC-USD, 2-Hour Candles, Low TF SupportThe zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half. дальше »

2019-3-13 22:26


Bitcoin Cash (BCH) Daily Price Forecast – March 8

  The medium and short-term outlook continues in a range-bound market. Traders should be patient for a define trend after a breakout or price breakdown. BCH/USD Medium-term Trend: Ranging Supply zones: $180, $200, $220 Demand zones: $50, $40, $30 BCHUSD continues in the range in its medium-term outlook. $132.67 was the high while $129.17 in […] дальше »

2019-3-8 16:00


Bitcoin SV (BSV) Daily Price Forecast – March 5

  The cryptocurrency is in a range-bound market both in the medium and short-term outlook. Patience should be exercised trading the range BSV/USD Medium-term Trend: Ranging Supply zones: $90, $100, $120 Demand zones: $50, $40, $30 BSVUSD is back in a range-bound market in its medium-term outlook. The breakdown from $63.49 in the lower demand […] дальше »

2019-3-5 09:12


Blockchain Could Soon Be Used to Trace Organic Cotton Thanks to Bext360 Agricultural Project

The increase in interest in organic materials in fashion is growing, and the global market for just organic cotton alone has risen to $15 billion. The growth in production has grown in the double digits each year, but companies are having a hard time keeping up with the demand from consumers. The current supply chain […] дальше »

2019-3-5 08:34


Price Analysis: Would XRP Reverse At $0.30 Price Level?

Supply zones: $0.31, $0.33, $0.34 Demand zones: $0.30, $0.28, $0.26 XRP/USD Medium-term Trend: Bearish On the medium-term outlook, XRP/USD is on the bearish trend. As long as the drawn bearish trend has not been broken up, the bears still hold the market but immediately the bullish candle penetrates the trend line and closes above it, […] The post Price Analysis: Would XRP Reverse At $0.30 Price Level? appeared first on ZyCrypto. дальше »

2019-3-4 18:56


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Bitcoin Price Analysis: Keep an Eye Out for a Close Above the Current High

Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support. дальше »

2019-3-1 03:44


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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above. дальше »

2019-2-26 02:42


Bitcoin SV (BSV) Daily Price Forecast – February 25

  The coin is in a range in the medium-term outlook while the short-term is in a bullish trend. Patience for bullish candles formation above the 10-EMA is important. BSV/USD Medium-term Trend: Ranging Supply zones: $150, $200, $250 Demand zones: $50, $40, $30 BSVUSD continues in a range-bound market in its medium-term outlook. The bullish […] дальше »

2019-2-25 11:06