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Bitcoin Bulls Not Out of Woods, Wait For Break Above $7.5K

Bitcoin price is currently consolidating above the $7,200 and $7,150 support levels against the US Dollar. The price is likely to climb higher again unless there is a daily close below $7,000. There is a key bearish trend line forming with resistance near $7,240 on the hourly chart of the BTC/USD pair (data feed from... The post appeared first on NewsBTC. дальше »

2019-12-31 08:30


MAKER Price Prediction Today: Daily (MKR) Value Forecast – June 19

MKR/USD market still keeps the previous range zones until the present. Traders may wait for strong price action to take place before considering joining the MKR/USD trade. MKR/USD Medium-term Trend: Ranging Distribution territories: $800, $840, $860 Accumulation territories: $640, $600, $580 The market’s trading stance of Maker as paired with the US dollar has concurrently […] дальше »

2019-6-19 12:32


Bitcoin Surges 400% On Coin Stats App to $30,224 BTC/USD, Causes All Time High FOMO Reactions

Everyone in the crypto market is excited about Bitcoin reaching new all-time highs in the future, but Coin Stats seems that it cannot wait for it to happen. The cryptocurrency portfolio website experienced an issue with the data it gathers and it sent a notification to users saying that the price of Bitcoin surged more […] дальше »

2019-5-5 18:43


Analyzing Bakkt’s Bitcoin Futures Exchange Value and Its Push Towards Global Adoption

Bakkt is easily one of the biggest forthcoming crypto-market components on the wait list and has arguably been the most highly-anticipated launch out of any new entity entering the industry. While everyone remains extremely bullish about what Bakkt can do to the price of bitcoin, let's take a minute to analyze how the ICE-backed bitcoin […] дальше »

2019-5-3 02:25


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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


Ethereum (ETH) Price Analysis: Price Surge as Supply-Demand Dynamics Kick-In, up 7.7 Percent

Latest Ethereum News Good news is, the wait is over. Admittedly, there were some full node operators who didn’t take the last attempt nicely. In fact, there was a brief period of time when Ethereum did fork thanks mostly to Ethereum Foundation’s failure to timely disseminate information of the upgrade’s postponement. That was roughly a […] дальше »

2019-3-6 17:11


Omisego Price Analysis: The long wait for value

The OMG token has enjoyed a recent period of upward price activity following a major testnet launch in mid-February and generally favourable market conditions. Medium and long term fundamental concerns still remain, however, with a market-ready product still appearing a long way off — and a token holding community still smarting from a series of broken roadmap promises. дальше »

2019-3-6 16:00


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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 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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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation. дальше »

2019-1-4 02:22