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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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Doh! Bitcoin Price Drop Was Just A ‘Bart Simpson,’ Says Adam Back

The Bitcoin price is exhibiting a “Bart Simpson” trend as shorters take advantage of its short-lived bullrun to near $4000, Adam Back has said. Bitcoin Falls Away From $4k In social media comments February 25, the HashCash inventor and Blockstream CEO said that leverage-based platforms such as BitMEX were broadly responsible for the volatility which has characterized Bitcoin over the past week. дальше »

2019-2-25 15:00


Bitcoin and Crypto Markets Drop Slightly Following Recent Price Surge

Following yesterday’s market surge, the crypto markets have dropped slightly but Bitcoin is still trading well above its recently established support level at $3,550. Currently, most major cryptocurrencies are trading down 1% or more Analysts now expect the markets to trade within a relatively tight range for the near future, which could be proceeded by. дальше »

2019-1-16 00:00


Has Bitcoin [BTC] Price Reached a New Consolidation Point?

Bitcoin had a bearish drop yesterday which brought the price down to around $3750. It has since retraced back up to near $4000 which has been an important point of trading over the past week. The recent bearish conditions in the markets which brought the price of Bitcoin from $6400 to below $3500 was preceded […] Has Bitcoin [BTC] Price Reached a New Consolidation Point? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-12-4 17:24


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Bitcoin Price Analysis: Wait and See Where Recent Signs of Strength Lead

This week realized a big gain as bitcoin enjoyed a 25% rally from its local bottom before topping out around $4,400. Support currently appears to be established in the mid-$3,000s as the market remains indecisive over its next move:Figure 1: BTC-USD, Daily Candles, Current Support LevelFigure 1 shows the relevance of the current support level as it represents a previous support level that was never properly retested during last year’s parabolic bull market. дальше »

2018-11-30 01:45


XRP Crashes 40% From September High

This year has been a strange one for XRP (and digital currency in general!), the token has seen fluctuation after fluctuation and the price has never stayed in one area for a long period of time. The token, owned and designed by Ripple, has recently seen a change in price over the past month and even a time when we thought that the bad times were essentially over but now it has crashed down by over 40% from its high in September of $0. дальше »

2018-10-11 12:30