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Bitcoin (BTC) Daily Price Forecast – November 28

BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,800, $3,600, $3,400 Yesterday, November 27, the price of Bitcoin was in a sideways trend. On November 26, the crypto’s price was resisted by the 12-day EMA and it fell to the low of $3,835; commenced a range bound movement up till the following […] дальше »

2018-11-28 08:52


Blockstream Chief Adam Back: Bitcoin (BTC) Price At $500,000 Is Plausible, Suggests Future Gold Flippening

Adam Back co-founder and CEO of Blockstream, seems very bullish about the future of Bitcoin (BTC). He said that it might be possible for Bitcoin to reach $500,000 dollars in the future. Since the beginning of the year, Bitcoin and other virtual currencies are in a bear trend that has severely affected the whole cryptocurrency […] дальше »

2018-11-22 18:13


BTC/USD Price Analysis: Bitcoin Payments Drop while Lightning Network Capacity Increase

Though there was a bit of stability yesterday, the decline would continue. First we expect BTC/USD to pull back ideally towards the $5,000–$5,500 before bear trend resumes. As we have seen, price drops are affecting chip-set manufacturers, investors and crypto payment processors as enthusiast refrain from spending BTC. дальше »

2018-11-22 05:00


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Bitcoin Price Analysis: Another Red Day Pushes BTC Into Deeper Support Test

Bitcoin has tumbled again today as the market continues to see further downward movement shortly after breaking two areas of market support. So far, bitcoin is down 15% on the day — 25% in 1 week:Figure 1: BTC-USD, Daily Candles, Downward ContinuationThis drop below support is starting to display hallmarks of market capitulation. дальше »

2018-11-20 02:27


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Bitcoin Price Analysis: Yearly Support Breaks as Bitcoin Tests Underlying Demand

After months and months of consolidation, the yearly support finally broke and now bitcoin has found itself in the lower $5000s for the first time since 2017:Figure 1: BTC-USD, Daily Candles, Broken SupportBitcoin managed to drop a staggering 16% yesterday as the market sliced through the long held support like a knife through butter. дальше »

2018-11-16 01:28


Bitcoin (BTC) Buyers Since 2011 Register 0.347% Profits Per Day As Store Of Value Property Builds

Although cryptocurrencies have been in a bear trend since the beginning of the year, Bitcoin holders since 2011 have registered 0.347% profits per day if they keep holding their virtual currencies. According to the Store of Value Tracker Website, if an individual bought Bitcoin in January 2011 it has registered a 0.347% daily average change. […] дальше »

2018-11-15 10:39