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Bitcoin Price Analysis: Major Support Broken on Expanding Volume and Spread

After weeks of consolidation, bitcoin finally broke through support. The market now finds itself cruising toward prior lows. On expanding volume and spread, the bitcoin market appears ripe for a continuation of the downtrend:Figure 1: BTC-USD, Daily Candles, Broken SupportAlthough the current daily candle has yet to close, unless there is a strong influx of demand hitting the market, it stands to reason that bitcoin will be closing a new daily low for the first time since mid-December. дальше »

2019-1-29 02:01


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Bitcoin Price Analysis: Strong Move Likely Following Tightly Coiled Market

Days and days of sideways consolidation and tightening volume has been the name of the game for the bitcoin market. A narrow range of $200 has caused a weeks worth of activity to coil and consolidate in preparation for bitcoin’s next move:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe figure above shows just how narrow the range has been over the last week as the market has continued to grind out support and fail to break above overhanging resistance. дальше »

2019-1-26 03:13


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Bitcoin Remains Firm amid Mixed Newsflow: BTCManager’s Week in Review January 21, 2019

The price of bitcoin remains firm, gaining two percent week-on-week, amid a mix of positive and negative news. The announcement by Bakkt that it has made its first acquisition shows that the institutional crypto trading venture is on track to become a serious player in the institutional digital asset trading market and has the potential to attract a wave of. дальше »

2019-1-22 20:00


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Bitcoin Price Analysis: Bitcoin Tests Boundary Support as Demand Weakens

Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With the current market unable to close a new high, the market finds itself in a precarious position:Figure 1: BTC-USD, Daily Candles, Range Support TestThe blue support level shown above illustrates the boundary of the multi-week range bitcoin has been bound by. дальше »

2019-1-18 02:02


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New “The Tie” Data Shows How Ripple Tweet Activity Directly Correlates to its XRP Trading Volume

As many of our readers already know, the XRP community is one of the most (if not the most) active crypto-community in the world today. In this regard, data released by altcoin analyst “The Tie” seems to suggest that there is a strong correlation between “XRP’s tweet and daily trade volume”. On the subject, ‘The […] дальше »

2019-1-5 19:27


eToro Survey Shows Investors Interest in Crypto Asset Education is Growing Stronger

Although there we are in a bear market since the beginning of the current year, the interest in learning about cryptocurrencies remains. According to a new survey from eToro U.S., one of the largest trading platforms in the market, education is a key barrier that prevents investors from purchasing Bitcoin (BTC) and other digital assets. […] дальше »

2018-12-18 22:30


Crypto market shows slight resistance to the bears, exhibits signs of durability

The cryptocurrency market, whether in its most profitable or least profitable state can still be defined as a highly unpredictable market for both novice and intermediate traders, the profound volatility of the market makes it impossible for any trader to be labeled an “expert” in cryptocurrency trading. дальше »

2018-12-13 15:37


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Bitcoin Price Analysis: Bear Pennant Breakout Puts $1,700 Price in Sight

Another week, another low. Bitcoin’s market has been bleeding relentlessly for weeks and now, after falling 50% in value in just one month, the market has managed to break south of a major bearish consolidation pattern called a bear pennant:Figure 1: BTC-USD, 4-Hour Candles, Bear Pennant BreakoutThis is a massive bear pennant with a staggering $2,000 measured move. дальше »

2018-12-12 01:52