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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


Bitcoin Short Positions Rise as BTC Faces Growing Resistance at Critical 4,000 Level

After facing increased levels of selling pressure yesterday, Bitcoin as been able to maintain above $3,900, which is increasingly becoming a level of support for the cryptocurrency. Despite this, $4,000 still remains a key level of resistance for BTC, and the crypto’s short positions are rapidly climbing as it continues to fail to break above. дальше »

2019-3-13 03:00


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Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests

Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support:Figure 1: BTC-USD, 2-Hour Candles, Low TF SupportThe zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half. дальше »

2019-3-13 22:26


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If May’s Brexit deal passes tonight, she’ll have 21 months to build a tech-powered Irish border

The Irish backstop is the biggest obstacle preventing Theresa May’s EU withdrawal agreement from squeaking through parliament. This legal instrument means that, should the UK fail to secure a deal that would permit an open border between Northern Ireland and the Republic of Ireland, the former would remain in the European Union’s (EU) customs area and large parts of the single market. дальше »

2019-3-12 15:30


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Ethereum Price Analysis: Is it ‘Break’ Time?

It’s been a fairly uneventful weekend for Ethereum (ETH). Bitcoin’s inability to break above $4,000 appears to place a damper of momentum within the wider market. A break seems imminent — but in which direction?  One-Hour Chart Ethereum is steadily consolidating into a tighter range, notching lower highs and seemingly on the verge of dropping below the 12 and 26 EMA on the 4hr chart. дальше »

2019-3-11 11:00