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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 | |
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XRP Among Underperforming Altcoins With Today’s Bearish Movement
Bitcoin broke the two-week pattern of low volume consolidation today with bearish downwards movement. Although Ripple’s digital currency XRP was initially outperforming when Bitcoin began its consolidation, it began to mirror Bitcoin and trade sideways over the past week. дальше »
2018-10-29 18:58 | |
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Bitcoin (BTC): A Method To The Madness
Bitcoin (BTC) does not just go up and down, breaks supports and resistances based on sudden whims. Most traders are so focused on the 15 min chart that they miss the big picture. They fail to realize that major trading on exchanges is done by algorithmic bots. дальше »
2018-10-15 21:30 | |
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Ethereum Classic (ETC) Can Easily End The Year Above $100
Ethereum Classic (ETC) is highly likely to trade north of $100 by end of the year. This does not require a very bullish Bitcoin (BTC). In fact, if Bitcoin (BTC) trades around $10,000, that would do the job for Ethereum Classic (ETC). дальше »
2018-10-12 17:30 | |
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Are Bitcoin Whales The Ones Shaping The Market?
A popular school of thought among many people in the crypto space is that a small number of Bitcoin owners with a big enough load of bitcoin to move the market are behind the unstable markets and the price manipulation. дальше »
2018-10-11 16:30 | |
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Bitcoin Price Analysis: Failure of Buyers to Close Above $7,000 is Bearish for BTC
After three weeks of bulls, Bitcoin prices are yet to breach the $6,800–$7,200 main resistance zone. With this, bears are in control as Sep 5 bearish pattern overshadow buy attempts. Remember, this is printing at the time when investors, market influencers and traders are “over the top bullish”. дальше »
2018-10-2 05:00 | |
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Dogecoin (DOGE) Attempt to Not Obey the Bearish Market Trend: Latest News/Price Prediction
The rascal among coins. Since its major Ethereum bridge announcement end of Aug, the pair DOGE/USD is performing on its own unique pattern with very few cases when it was impacted by the general crypto-verse trend. дальше »
2018-9-25 21:45 | |
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Will Bitcoin Follow Gold And SkyRocket With EFT Approval?
Gold is a tangible precious metal whereas Bitcoin is digital. The similarities between them run deep; they are both mined, one physically, the other digitally. Yet if we look closely at the history of gold, Bitcoin is displaying the same behaviour pattern as we’ve seen for gold. дальше »
2018-7-23 12:00 | |
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Another red flag for Tether [USDT]?
According to a recent report by Bloomberg, huge trades move prices about the same as small ones, disregarding the normal rules of economics when it comes to the coin Tether. Bloomberg’s article mentions: “According to a review of Kraken’s public order book—a pattern that experts on market manipulation view as a red flag. The mystery is bracketed […] дальше »
2018-7-1 02:56 | |
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Bitcoin Price Analysis: Breakdown of Consolidation Tests Bullish Resolve
In the previous BTC-USD market analysis, we discussed a macro pattern forming, called a “symmetrical triangle. ” A symmetrical triangle (shown in red) is a directionally agnostic consolidation pattern. дальше »
2018-6-13 00:05 | |
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