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Crypto Analyst: Bigger Bitcoin Price Drop Coming, Indicator Showing Weakness

Bitcoin price has been consolidating for the last three months straight, and the entire crypto market is watching and waiting for a direction to be chosen. An important indicator is showing extreme weakness, claims one crypto analyst, and warns that a “bigger drop” could be coming, even despite Bitcoin having already closed 16 out of. дальше »

2019-9-25 21:01


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Bitcoin ‘Failed Safe Haven Test’ Again: Goldbug Schiff

Bitcoin proponents have rallied round to denounce gold bug Peter Schiff after he said the cryptocurrency has proven it is not a safe haven. Schiff: Bitcoin Failed ‘Again’ In a Twitter debate on August 29, Schiff used the sudden weakness in the Bitcoin price to suggest it was an unreliable alternative investment to assets such as stocks and fiat currency. дальше »

2019-8-30 14:00


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Bitcoin Price Rally Will Continue, Bullish Weekly RSI Suggests

Bitcoin price is knocking on the $6,000 resistance and appears ready to run higher this week. Bitcoin Price: Market Overview Bulls are buying dips on Bitcoin and defending the ascending trendline even though over the weekend and early Monday BTC showed some occasional weakness on the 1 and 4-hour chart by dropping below the exponential moving averages. дальше »

2019-5-7 10:00


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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections. дальше »

2019-3-29 02:21