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Bitcoin Price Analysis: Is this a Relief Rally or a Bullish Reversal?

Bitcoin has recovered nearly 13% after scraping its knees on a new 2018 low, but is the current uptick in momentum just a relief rally or the makings of a bullish reversal? Market Overview After scraping the bottom of the barrel last week, Bitcoin appears to have mustered enough short-term momentum to attempt a bull reversal but, at the time of this writing, this is yet to be determined. дальше »

2018-7-4 10:00


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Bitcoin Price Analysis: New Low on Low Volume Breeds Potential Bullish Set-up

Bitcoin sits precariously perched at the bottom of the annual market low and many bitcoin investors aren’t sure what to make of it. Although the market seems to be continuing its drift to new lows with greater and greater ease, there are a couple of bullish signals worth considering while the market continues to consolidate: Figure 1: BTC-USD, Daily Candles, New Market LowOn Friday, June 29, 2018, for the first time this year, the daily candles closed below the annual low of $6,000s. дальше »

2018-7-1 19:35


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4 Signs That Bitcoin is Bottoming, According to Brian Kelly

Everyone still wants to know whether or not Bitcoin has bottomed, and cryptocurrency trader Brian Kelly believes that process is underway — citing four main reasons.   Price Action and Mining Costs Brian Kelly appeared on CNBC’s “Fast Money” to share his opinions on the first and foremost cryptocurrency’s current price action, while also explaining that there are good reasons to believe that Bitcoin is finding its bottom — the first being it’s most recent price action. дальше »

2018-6-26 18:00