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Bitcoin Price Analysis: After Sudden Upswing, Bitcoin Price Drifts Downward

Last week, we saw a violent move to the upside as bitcoin rallied 11% over the course of one day. Since peaking in the upper $3,600s, bitcoin has seen close to zero bullish follow-through, and the price has begun to drift downward over the course of the last week:Figure 1: BTC-USD, Hourly Candles, Downward DriftDownward-drifting markets like this can often be a sign that distribution is taking place. дальше »

2019-2-15 00:21


Bitcoin [BTC] Price Action: Bearish Start to the Week for the Top Cryptocurrency

Price has been testing support at $3476 several times over the past week. Each test makes the level weaker with fewer buyers to hold the level on each retest. Price finally broke below this level today and looks likely to close below as traders are accepting prices below the level and not quickly bringing the […] Bitcoin [BTC] Price Action: Bearish Start to the Week for the Top Cryptocurrency was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com. дальше »

2019-1-28 18:04


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Bitcoin Experiences Volatile Start to the Year, Struggles to Maintain $4,000 Mark: BTCManager’s Week in Review January 15, 2019

The price of bitcoin jumped to surpass the $4,000 mark to kickstart the week early on Monday morning but dropped back down again to close the week five percent lower at around $3,650. Investors rejoiced to see bitcoin jump back above the important $4,000 mark but were quickly disappointed again when bitcoin dropped from this year’s high of $4,102 down. дальше »

2019-1-15 10:00


Ethereum [ETH] Drops Below XRP in Crypto Rankings After Bearish Price Performance

After a bullish outperformance since mid-December, Ethereum is undergoing a sharp drop today which has resulted in it dropping to the third position in the cryptocurrency rankings by market cap. It has now been overtaken by Ripple’s XRP which also overtook Ethereum during the bearish market conditions of November. дальше »

2019-1-10 17:59


Cannabis Coin ‘Paragon’ Temporarily Skyrockets After Probable Price Manipulation

Paragon, an altcoin that is aiming to reform the cannabis industry, briefly broke into the top 20 cryptocurrencies by market cap yesterday. This isn’t good news, though: it seems that price manipulation was the cause of Paragon’s short-lived success, and the coin quickly slid back down to #131. дальше »

2019-1-3 19:18


Ethereum [ETH]: Price Rebounded Right Back to Triple Digits, What Is Next?

A look at the Weekly chart for Ethereum in logarithmic form shows that price fell to the first mini-support area at $80 then quickly rallied to meet resistance at $160-$180. The candle for the week of 16-22 December is the largest bullish candle of the year and is accompanied by large volume as well (yellow […] Ethereum [ETH]: Price Rebounded Right Back to Triple Digits, What Is Next? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-12-27 14:49


BTC price analysis: If this mini bull run is a dead cat bounce, we might see $1200 bitcoin

If we go back in time to January 2018, when the price of the Bitcion had just reached its highest point, some people will remember the Tweet sent by Peter Brandt. This particular veteran financial expert was quickly blacklisted by Bitcoin’s cheerleaders and optimists, as he was then claiming that the BTC price would fall […] The post BTC price analysis: If this mini bull run is a dead cat bounce, we might see $1200 bitcoin appeared first on CaptainAltcoin. дальше »

2018-12-21 04:04


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Bitcoin Price Analysis: Another Red Day Pushes BTC Into Deeper Support Test

Bitcoin has tumbled again today as the market continues to see further downward movement shortly after breaking two areas of market support. So far, bitcoin is down 15% on the day — 25% in 1 week:Figure 1: BTC-USD, Daily Candles, Downward ContinuationThis drop below support is starting to display hallmarks of market capitulation. дальше »

2018-11-20 02:27


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Stellar [XLM]: Possible Ascending Triangle?

On the 3-day chart, Stellar has been moving above strong support (green line) for the past 240 days. In early November we had the first bullish MA cross in more than a year (9-day SMA crosses 26-day SMA), but the price quickly hit resistance at both the cloud and the 100-day SMA on November 13 […] Stellar [XLM]: Possible Ascending Triangle? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-11-17 15:29


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Rumors of RippleNet’s Integration with SWIFT Are False

A rumor on the Internet about RippleNet integrating with the SWIFT Network gained traction, driving up the price of Ripple’s token (XRP) to $0. 55 on November 6, 2018. According to a PYMNT’s article published on November 7, 2018, the rumor was quickly denied by a SWIFT spokesperson who mentioned that SWIFT’s technical update is entirely unrelated to Ripple. дальше »

2018-11-9 16:00


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Bitcoin Closes the Week Softer on Back of Little Newsflow: BTCManager’s Week in Review November 5, 2018

The price of bitcoin closed the week around two percent lower – reaching the $6,350 level – on light volumes and a lack of major market-moving headlines. The main headline of the week was the publication of a research paper that suggested that bitcoin mining may accelerate global warming due to its high energy usage. дальше »

2018-11-5 21:00


Volatility Continues to Hit 2018 Lows for Bitcoin As Price Trades Sideways

It is highly unusual for price action to come right to the point of a triangle pattern. Typically, a breakout either above or below the pattern as price approaches its end. As Bitcoin approached the end of the triangle pattern over the past couple of months, any breakout from price action has been brought quickly […] Volatility Continues to Hit 2018 Lows for Bitcoin As Price Trades Sideways was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-10-25 17:57