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Bitcoin Price Analysis: Slow Upward Drift Tests Market Supply

A slow, grinding upward drift has been the name of the game for bitcoin’s market over the last few weeks. The upward drift is bringing us slowly to a level that was previously rejected violently:Figure 1: BTC-USD, Daily Candles, Upward DriftOur third rejection of the red resistance level shown above brought the market into a test of macro support in the mid-$3,000s. дальше »

2019-3-23 01:23


Desperation Building Up: Bitcoin (BTC) Holding On To The $4,000 Position By A Thread

In the last couple of hours, the market has changed its trend. Most top coins have seen a slip-up and while some are worse than others, the general sentiment for all is desperation. After holding on for nearly a week, it seems investors have begun losing patience with the market and have allowed the bears […] The post Desperation Building Up: Bitcoin (BTC) Holding On To The $4,000 Position By A Thread appeared first on ZyCrypto. дальше »

2019-3-22 18:18


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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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1.6% of money laundering cases in Japan involved cryptocurrency in 2018

In December last year, reports suggested Japan had seen over 6,000 money laundering cases that involved cryptocurrency in the first nine months of the year. Well, the trend continued. In the last three months of 2018, financial regulators received another 1,000-plus cryptocurrency related cases, taking the yearly total to 7,096 cases, the Japan Times reports. дальше »

2019-2-28 13:00


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Bitcoin Price Analysis: After Sudden Upswing, Bitcoin Price Drifts Downward

Last week, we saw a violent move to the upside as bitcoin rallied 11% over the course of one day. Since peaking in the upper $3,600s, bitcoin has seen close to zero bullish follow-through, and the price has begun to drift downward over the course of the last week:Figure 1: BTC-USD, Hourly Candles, Downward DriftDownward-drifting markets like this can often be a sign that distribution is taking place. дальше »

2019-2-15 00:21


Cryptocurrency Market Gains $10 Billion within 24 Hours. Is this the Bull Run?

The cryptocurrency market has just seen a rather dramatic recovery following the slide in the last few days. $10 billion has been added to the total market capitalization in the last few hours and many are asking one question – is this the long-awaited bull run? There has been a downward trend for the past […] The post Cryptocurrency Market Gains $10 Billion within 24 Hours. Is this the Bull Run? appeared first on ZyCrypto. дальше »

2019-2-9 23:19


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


Target and Google Official Twitter Accounts Hacked, Used for Crypto Scams

In what is becoming an emerging trend, Twitter accounts of popular brands are being hacked in an attempt to scam unsuspecting users out of their cryptocurrencies. Target and Google are two high profile targets that have seen their accounts taken over by hackers who, in turn, have used them to scam followers by advertising fraudulent crypto giveaways. дальше »

2018-11-15 23:40


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Ethereum Price Watch: Stagnating Financial Trend Observed For Premier Digital Asset During Last 5 Days

At press time, Ether, the world’s second most sought after crypto asset after Bitcoin, is trading at a price point of $211. 85. As can be seen from the chart below, the premier digital token has continued to hover around the $210 region for more than 72-hours— a stagnating trend which many crypto experts find alarming. дальше »

2018-11-13 10:45