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Sorry Bulls: Bitcoin Prints Perfect Sell Setup Last Seen at February’s $10k Top
After weeks of bullish price action, Bitcoin finally topped $10,000 today, rallying as high as $10,100 on the back of an influx of buying pressure. Many say that this recent move sets the stage for even greater growth, but a trader recently argued that BTC printed a “perfected” sell setup. The setup was the exact... дальше »
2020-5-8 12:00 | |
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Outlining a Bullish Wave Count for Bitcoin
The Bitcoin price has reached a descending resistance line that has been in place for more than two years. A breakout above this line would have major bullish implications for the future price. Well-known trader @crypto_rand outlined a BTC chart that shows a possible bullish pennant, which he believes could cause a breakout, giving a […] The post Outlining a Bullish Wave Count for Bitcoin appeared first on BeInCrypto. дальше »
2020-5-6 23:20 | |
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Comparing Bitcoin’s Price Movement to the October 2019 ‘Xi Pump’
Throughout April 29 and 30, the Bitcoin (BTC) price increased by about 25 percent. The upward move has some similarities with a move which occurred on October 2019. This similarity was outlined by well-known trader @CryptoCapo_, who tweeted a Bitcoin chart while comparing the recent price movement to that on October 2019 — otherwise known […] The post Comparing Bitcoin’s Price Movement to the October 2019 ‘Xi Pump’ appeared first on BeInCrypto. дальше »
2020-5-6 15:46 | |
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Trader Bets Big on Sub-$5k Bitcoin Price in April, Deletes Twitter Account Come May
It seems Hades (@BitHades) has vanished from Twitter. In April, Hades made a now-infamous tweet boasting that if BTC stayed above $5,000 in April, all retweeters would get 1 BTC. Another trader has been called out on a bogus Bitcoin price prediction and has now seemingly disappeared. дальше »
2020-5-3 12:20 | |
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Bitcoin‘s Fate May be Determined By How it Responds to this Single Level
Bitcoin pushed higher overnight as bulls attempted to firmly surmount the $9,000 region, although the crypto faced yet another rejection at these price levels One fund manager is now noting that BTC’s current price region seems like a logical place for its uptrend to stall This comes as a respected trader notes that the crypto has reached a pivotal price level that could determine its fate in the weeks and even months to come Bitcoin […] дальше »
2020-5-1 21:00 | |
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Bitcoin’s 2015 Fractal Indicates Price Will Continue to Increase
The Bitcoin (BTC) price is possibly following a fractal that begins in October 2015. If it continues doing so, it will reach a high of $10,000 by May 7, at the latest. The fractal was identified by cryptocurrency trader @Yodaskkk, who tweeted two pictures while comparing the recent Bitcoin movement to that in August 2015, […] The post Bitcoin’s 2015 Fractal Indicates Price Will Continue to Increase appeared first on BeInCrypto. дальше »
2020-5-2 20:12 | |
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Тон Вейс: Попытка Джеффа Безоса скупить все BTC приведёт к параболическому росту цены
Аналитики рынка Crypto Trader и Тони Вейс говорили о том, что может произойти, если CEO Amazon Джефф Безос решит скупить все биткоины, находящиеся в обращении. Как известно, состояние Безоса составляет $140 млрд. дальше »
2020-4-28 13:43 | |
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Determining Bitcoin’s Directional Bias for the Short and Long Term
On April 16, the BTC price reached a low of $6,468. However, the price immediately reversed and increased by 10% during the day to reach a close of $7,101. This unexpected movement prompted full-time trader @CryptoCred to make a tweet attempting to outline the directional bias of the BTC price movement. дальше »
2020-4-17 15:10 | |
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Cryptocurrency News Roundup for April 13, 2020
Bitcoin’s dip below $7,000 on April 13 could very well be the first phase of a longer-term downward move. BTC was consistently on the rise since March 13, but are we currently looking at the bearish turnaround to that rally? We probably are, according to well-known trader @CryptoDonAlt who outlined three long-term support levels, each […] The post Cryptocurrency News Roundup for April 13, 2020 appeared first on BeInCrypto. дальше »
2020-4-14 10:17 | |
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Forecasting Bitcoin’s Future Movement using Wyckoff Distribution
The Bitcoin price reached a low of $3,850 on March 13 and has been increasing since. The shape of the movement resembles a Wyckoff distribution chart. Full-time trader @TraderX0X0 tweeted a Wyckoff distribution chart that he believes will serve as an accurate predictor for the BTC price movement in the medium-term. дальше »
2020-4-14 00:10 | |
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How Bitcoin’s Current Upward Move Compares to Previous Bull Traps
The Bitcoin price has been increasing rapidly since reaching a low on March 13. At the time of writing, BTC is trading a full 94% above the aforementioned low of $3,760. Despite the massive increase, not everyone is convinced that BTC has already reached a bottom, One such individual is cryptocurrency trader @CryptoCapo_, who outlined […] The post How Bitcoin’s Current Upward Move Compares to Previous Bull Traps appeared first on BeInCrypto. дальше »
2020-4-10 18:11 | |
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Options see 5% chance Bitcoin will hit $20,000 in 2020: Will it happen?
In February, when Bitcoin had retaken $10,000, traders were convinced that the cryptocurrency was well on its way to revisit and surmount the $20,000 all-time high established in Dec. 2017. In fact, one prominent crypto trader suggested BTC would do so before July, citing a confluence of technical and fundamental factors. дальше »
2020-4-8 11:00 | |
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Does Bitcoin Have a Bullish or Bearish Bias?
The Bitcoin price has been increasing since reaching a low of $3,782 on March 13. It reached the $6,850 area twice, on March 19 and 25, but failed to break out both times. Cryptocurrency trader @devchart outlined a BTC chart, stating his belief that the current long-term bias is bearish. дальше »
2020-3-25 17:20 | |
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