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Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test

Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:Figure 1: BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months. дальше »

2019-2-20 01:38


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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


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Tom Lee: Expect Higher Cryptocurrency Prices in 2019 Based on Positive Fundamentals

Fundstrat’s Tom Lee believes 2019 holds a significant positive turnaround for the cryptocurrency market as a whole despite the prolonged bear market conditions that characterized 2018. The Fundstrat co-founder says an imminent tailwind of positive incremental improvements will drive another bullish rally for cryptocurrency prices. дальше »

2019-2-12 00:00


Dow Smashes Through 25,000 after Blowout Jobs Report Pours Cold Water on Government Shutdown Fears

The U. S. stock market extended its rally Friday after better than expected jobs data suggested that the impact of a partial government shutdown on the economy was largely overblown. Dow Surges Past Major Milestone All of Wall Street’s major indexes traded higher on Friday, reflecting a mostly upbeat pre-market for U. дальше »

2019-2-2 19:14


Garbage ICOs wipeout might fuel bitcoin’s next bull run. Whales are on the move with 20k bitcoins shifted from exchanges

Quick wrap up of today’s BTC price action: Santa rally appears to have more fuel in its tank.   Bitcoin price keeps climbing higher, breaking couple of resistance levels.   BTC is enjoying chunky gains of 6% and is following a steep bullish trend line with support at $3,700 on the 2-hours chart. дальше »

2018-12-20 23:41


Analysis: BTC Price is Consolidating in Preparation for Higher Ground

Resistance levels: $6,439, $6,609, $6,744 Support levels: $6,286, $6,145, $6,028 BTC/USD Medium-term Trend: Ranging On October 18, the cryptocurrency made an attempt to rally to the north by the formation of a bullish engulfing bar but the bears rejected the bullish movement by the formation of bearish inside bar that returned the BTC price below […] The post Analysis: BTC Price is Consolidating in Preparation for Higher Ground appeared first on ZyCrypto. дальше »

2018-10-25 18:16


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Bitcoin Price Analysis: Strong Rally Tests Trend-Changing Behavior

In a potentially trend-changing move, bitcoin has now managed establish its first *higher* low since the beginning of this years crypto bear market. In mid-June, after seeing a short-lived bounce from this year’s low in the upper $5,000s, the bitcoin market took a very harsh, unrelenting move that dropped the price from the mid $8000s to the $5900s. дальше »

2018-9-4 00:27