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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


Ether Price Analysis: Untested Support Leaves Shaky Foundation During Drop

Much like the rest of the crypto market, ether has found itself devalued by more than 90% since its all-time high of $1,400 back in December of 2017. And now, almost a year later, ether sits just above $100 on what appears to be shaky ground during its latest round of selling over the last few weeks:Figure 1: ETH-USD, Daily Candles, Rapid DescentSimilar to bitcoin’s movement discussed in yesterday’s article, ETH-USD experienced a parabolic growth profile during its bull run. дальше »

2018-11-28 01:55


Bitcoin Investors Aim for Ripple (XRP) as BTC Continues Massive Decline

Bitcoin is fast losing its ground as the stable coin it once was a few days ago, the current market report shows that the digital asset has taken a downward movement in price. There are fear and frustration among the investors who have taken to the advice of some experts that predicted the downward slide […] The post Bitcoin Investors Aim for Ripple (XRP) as BTC Continues Massive Decline appeared first on ZyCrypto. дальше »

2018-11-19 17:40


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Litecoin [LTC] Price Analysis – Identifying the Most Likely Reversal Area, Possible Bear Trap?

Litecoin was not spared during Wednesday’s sharp drop. Its price fell 14%, from 51 to 44$. Below we are going to offer an analysis of what might happen in the following months. A look at the weekly chart shows us that the price has been facing resistance from the 9-day SMA (Simple Moving Average) since […] Litecoin [LTC] Price Analysis – Identifying the Most Likely Reversal Area, Possible Bear Trap? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-11-16 13:54


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Bitcoin Price Analysis: Yearly Support Breaks as Bitcoin Tests Underlying Demand

After months and months of consolidation, the yearly support finally broke and now bitcoin has found itself in the lower $5000s for the first time since 2017:Figure 1: BTC-USD, Daily Candles, Broken SupportBitcoin managed to drop a staggering 16% yesterday as the market sliced through the long held support like a knife through butter. дальше »

2018-11-16 01:28


Max Keiser Calls for New All Time High Bitcoin Price with Morgan Stanley’s Asset Class Classification

The goal for many cryptocurrency enthusiasts is to make cryptocurrency into a mainstream asset, and a recent report from Morgan Stanley suggests that it is heading that way. The report, which includes predictions and clarification from Max Keiser, shows that Bitcoin is considered a new asset class by the company, adding to the belief that […] дальше »

2018-11-5 23:12


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Bitcoin Money Velocity Hits 2010 Lows, As BTC Price Flatlines

Bitcoin’s monetary velocity is at its lowest point in eight years, and investors should be “realistic” about the chances of the 2018 bear market ending in the medium term. Echoes Of The Dawn Of Bitcoin Speculation That was the message from data analyst Willy Woo October 29, who uploaded new data tracking quarterly velocity for Bitcoin versus USD money supply. дальше »

2018-10-29 13:00


Bitcoin (BTC) Price Analysis: Can Sellers Stay in Control?

Bitcoin has formed lower highs and higher lows on its 1-hour time frame to create a descending channel pattern. Price is bouncing off support and might be due for a test of the resistance soon. Applying the Fibonacci retracement tool on the latest swing high and low shows that the 50% level lines up with […] The post Bitcoin (BTC) Price Analysis: Can Sellers Stay in Control? appeared first on Ethereum World News. дальше »

2018-10-29 05:16


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Bitfinex Vows to End Deposit Freeze as ‘Stablecoin’ Tether Falls Below 90 Cents

USD-backed stablecoin Tether (USDT) fell below $0. 90 on Bitfinex as concerns over its reserves forced traders to buy Bitcoin and other digital assets.   Tether Drops 5 Percent While Major Assets Jump Data from Coinmarketcap shows a sudden fall in USDT , countered by a 5 percent rise in the price of Bitcoin (BTC) , coinciding with news that exchange Bitfinex would resolve its ongoing fiat deposit freeze by Tuesday. дальше »

2018-10-15 12:30


Bitcoin Price Volatility Shows Signs of a Maturing Crypto Market as Bull Run Rally Looks Inevitable

Bitcoin Market Showing Signs of Maturity as Volatility Reaches 17 Month Low Bitcoin has always been infamous for its volitility but over the past mnth, it has surprised everyone. Not only because this phenomenon was unusual, but also the reason behind it, which some are calling it as maturity while others are labeling it as […] дальше »

2018-10-10 19:57