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Bitcoin Billionaire Zhao Dong: Bitcoin Is Likely to Fluctuate Between $4,000 and $6,000 for Half a Year

With bitcoin’s recent surge to a five-month high, Zhao Dong, a bitcoin billionaire and one of China’s biggest over-the-counter (OTC) traders, recently claimed on Weibo that the sudden jump in bitcoin price does not mark the end of the bear market and that the original cryptocurrency will continue trading in a range likely between $4,000 and $6,000 for a few more months. дальше »

2019-4-9 20:21


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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


Ethereum Price Prediction: ETH Breaks Out Above the Daily Ichimoku Cloud, Will It Move Past the 21-week MA?

Long-Term Outlook A look at the Weekly chart for ETH/USD in logarithmic form shows that price has bounced back after finding support in the minor support area near $80. The price is currently slightly below the minor resistance area at $160 and facing very close resistance from the 50-period MA. дальше »

2019-2-20 12:09


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Now is ‘Best Opportunity Of The Year’ to Buy Bitcoin, Says Weiss Ratings

International rating agency Weiss Ratings has recommended now as the best time to buy Bitcoin, saying it represents cryptocurrency’s “least speculative investment. ” Weiss Says Bitcoin Buy Level Near As part of a series of tweets December 11, Weiss, which has produced mixed messages about its opinion of Bitcoin in the past, now said it is “here to stay. дальше »

2018-12-13 19:00


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