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Markets Update: BTC Tests Major Descending Trendline

The BTC markets are testing a key resistance area, with price action appearing to be making a third point of contact with a major descending trendline dating back to December 2017. Also Read: Japan Roundup: No Excessive Crypto Regulation, Quoine Launches New Platform  BTC On Cusp of Testing Major Trendline The BTC markets appear on the […] The post Markets Update: BTC Tests Major Descending Trendline appeared first on Bitcoin News. дальше »

2018-8-27 03:45


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Bitcoin Price Analysis: Heading into the Weekly Close

As Bitcoin price approaches the weekly candle close we take a look at what’s going on in the market following two weeks of relatively indecisive price action at yearly support of $6,000. Daily Chart Looking that the daily chart, after finding support at $6k in the previous week, Bitcoin price have traded at highs of $6,900 during the week, where resistance has been found which has been typical where previous support has been found at Read More The post Bitcoin Price Analysis: Heading into the Weekly Close appeared first on Bitcoinist.com. дальше »

2018-8-26 19:00


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Bitcoin Price Analysis: High Shorts Count Could Signal Price Hike

Once again, bitcoin finds itself precariously perched on the bottom of its macro trading range (TR). After a strong round of selling over the course of two weeks plunged the price back to the $6,000s, bitcoin began consolidating for several weeks at the bottom of the TR:Figure 1: BTC-USD, 1-Day Candles, Macro TRAs shown in the figure above, the market has interacted several times at the current price range and it has been a source of three major bullish rallies. дальше »

2018-8-25 00:42


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Crypto Execs Remains Bullish, Even Amidst Bearish Setbacks

The cryptocurrency market has had its fair share of fluctuation in the past year or two, with the price of crypto assets reaching all-time highs, just to crash by over 70% subsequently. While this near-unpredictable price action has irked some shorter-term investors (speculative traders), two crypto-centric company execs, Hunter Horsley of Bitwise and Spencer Bogart […] The post Crypto Execs Remains Bullish, Even Amidst Bearish Setbacks appeared first on Ethereum World News. дальше »

2018-8-21 02:49


Bitcoin (BTC) Fractal Analysis Shows Bots Still Dominate The Market

Bitcoin (BTC) has fallen sharply in the last 24 hours on news of the SEC delaying its decision regarding the VanEck/SolidX Bitcoin ETF till September. The 4H chart above for BTC/USD shows that while the news served as a catalyst for yesterday’s price action, Bitcoin (BTC) would have eventually followed the same pattern as major trading activity is still dominated by bots. дальше »

2018-8-9 21:30


Bitcoin Trades Close to 200MA – Will This Stop the Bull Run?

Bitcoin’s price has soared over the past two weeks and with the price action approaching the 200SMA, the question on many trader’s minds is whether this will be enough to stop the bull run? Bitcoin is having its second consecutive loss today but with the drop being on low volume, it looks like the bullish […] Bitcoin Trades Close to 200MA – Will This Stop the Bull Run? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-7-30 17:04