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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


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OKEx Trades Over $2.4Bn in Crypto Derivatives in 24 Hours, Tops BitMEX

OKEx just hit a record in crypto derivatives trading, knocking BitMEX off the top spot.   Turning Things Around OKEx ended last year amid a deluge of criticism from angry traders. Not only was the Asian-turned-Malta-based exchange called out for market manipulation when it forced the early settlement of BCH futures, without warning, right before the fork, but it was also slammed for falsifying trading volume. дальше »

2019-3-14 22:00


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Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests

Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support:Figure 1: BTC-USD, 2-Hour Candles, Low TF SupportThe zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half. дальше »

2019-3-13 22:26


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Bitcoin Price Analysis: New High Paves Potential Reversal Setup

After days and days of consolidation, bitcoin finally managed to break a new high for the first time in almost two weeks. This new high, so far, has been short lived, however, as it was almost immediately sold into by eager bears:Figure 1: BTC-USD, 4-Hour Candles, New HighOur current 4-hour candle is seeing a relatively easy retracement after days and days of an upward grind. дальше »

2019-3-9 02:08


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Op Ed: Defining Decentralization: How Ambiguity Continues to Divide Crypto

There are many keywords in blockchain, but few spark as much emotion as “decentralization. ” For many of us, it was the dream of decentralization that inspired us to embark into the industry in the first place — the driving force encouraging us to explore the many industries and practice areas that could be positively impacted by this technology. дальше »

2019-3-1 19:43


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Bitcoin Price Analysis: Keep an Eye Out for a Close Above the Current High

Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support. дальше »

2019-3-1 03:44


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Introducing Bithoven: The New Cool Crypto Exchange That’s Dishing Out Free Dogecoins

Cryptocurrencies are taking over the financial markets and the majority of the people already know a thing or two about the new progressive digital assets. However, as much as these digital assets are gaining good traction, it’s the crypto exchanges providing the suitable trading and transacting environment that are the pillars of the new system. дальше »

2019-2-28 11:07


Tron’s Justin Sun Predicts Bitcoin Price at $3k-$5k in 2019

Bitcoin will trade between $3,000 to $5,000 in 2019 – Justin Sun Tron CEO Justin Sun, although known for promoting his company does not say much about Bitcoin. However, in a recent interview with Huoxing24, he mentioned that Bitcoin (BTC) will be trading within the price range of 3k to 5k for the rest of […] The post Tron’s Justin Sun Predicts Bitcoin Price at $3k-$5k in 2019 appeared first on ZyCrypto. дальше »

2019-2-27 10:48


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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above. дальше »

2019-2-26 02:42


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Bitcoin Price Analysis: Bullish Setups Could Break Current Market Structure

The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However, it is nicely consolidating on lower time frames and hints toward the possibility of another leg up:Figure 1: BTC-USD, Hourly Candles, Consolidating PennantThe pattern shown in Figure 1 outlines a potential continuation pattern called a “bullish pennant. дальше »

2019-2-23 02:23


Top 10 Hottest Cryptocurrencies At the Moment

As the bulls continue to control the movement of trading prices and market capitalizations, trading choices can get harder with each passing day. However, with careful introspection and market analysis, some tokens which are  consistently outperforming includes : Ripple (XRP) The world’s third most valuable cryptocurrency Ripple (XRP) has made such a significant impact so […] The post Top 10 Hottest Cryptocurrencies At the Moment appeared first on ZyCrypto. дальше »

2019-2-21 09:33


Optimal Bitcoin Investment And Crypto Trading Strategies During The Bearish Blockchain Battlefront

It has been ten years since cryptocurrencies originally emerged, and these days, there are those who believe that their time has already passed. Skeptics have been calling Bitcoin and every altcoin that followed a bubble for years now, although they gained a lot more confidence since the market crash of early 2018. However, while the […] дальше »

2019-2-17 09:21