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Big Shift in Market Sentiment After Price Spike for Bitcoin & Dogecoin [Price Analysis]

Bitcoin Analysis After almost three months of Doji candles and small-bodied candles recording on the weekly chart for market leader Bitcoin, a significant spike took place early this week. The primary reason analysts believe the price increased so rapidly was due to short seller liquidation, which serves to drive price higher. дальше »

2019-4-6 16:54


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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


Cyprus-based IronFX, EmurgoHK Group’s IronX Crypto Trading Exchange is Now Open for Business

IronX, the cryptocurrency exchange created by IronFX, a leading Cyprus-based global forex broker that specializes in CFDs and other financial instruments has officially opened its doors to the public, after nearly three months of its beta launch, according to a Finance Magnates report on March 28, 2019. дальше »

2019-3-29 00:14


Bitcoin Price: Key Technical Indicator Shows BTC Surging to $5,500

Throughout the past three months, the bitcoin price has flirted with the $4,200 resistance level, often struggling to maintain momentum above the key $4,000 mark. Several traders have demonstrated concerns over the extended period of stability demonstrated by bitcoin because, in late 2018, the cryptocurrency recorded a drop of around 50 percent following three months of stagnation in the $6,300 to $6,500 range. дальше »

2019-3-24 21:30


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Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume. дальше »

2019-3-19 01:17


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Bitcoin Price Analysis: Could Three Times Be the Charm for This Resistance Level?

Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation. дальше »

2019-3-16 01:56


Crypto Spring Blooms? Bitcoin Transactions Hit Highest Level in 13 Months

Positive news has been stretched thin during the “Crypto Winter,” but there are now genuine signs that the ice is beginning to thaw. With Bitcoin showing remarkable resiliency and price stability in a world that wants to write it off, there are many fundamentals to which believers in the world’s largest cryptocurrency like to pay attention. дальше »

2019-3-8 02:00


Surprise, Surprise! Emerging Campaign Finance Scandal Reveals That Self-Righteous AOC Isn’t As Clean As She Says

Rookie U. S. Congresswoman Alexandria Ocasio-Cortez has been dragged into an emerging campaign finance scandal that could potentially compromise her carefully crafted reputation as the ‘people’s candidate,’ as well as call her political platform into question just three months after the 2018 midterm elections that saw her become the youngest-ever female member of Congress. дальше »

2019-3-5 05:24