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Bitcoin Price Analysis: Breach Below Trading Range May Spark Spring Retest
After a feeble rally on diminishing volume, bitcoin is currently in the middle of its first major pullback in about 2 weeks. Over the last week or so, bitcoin managed to break its sustained downtrend and trend back inside the macro trading range (TR) — both of which are quite bullish market characteristics. дальше »
2018-7-11 00:21 | |
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Bitcoin (BTC) Price Watch: Another Bullish Continuation Signal
Bitcoin Price Key Highlights Bitcoin price has broken above the double bottom neckline and bullish flag to signal upside momentum. Price is forming another bullish flag pattern, which might signal a continuation of the climb. дальше »
2018-7-3 07:25 | |
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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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Bitcoin Price Analysis: Shaky Support Gives Way to Massive Bear Flag Set-up
A sideways market has many bitcoin investors wondering if the downward volatility has finally subsided. As stated in our previous discussion of the bitcoin market, the $6,425 support level was a very important level to hold. дальше »
2018-6-22 00:12 | |
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Bitcoin (BTC) Price Watch: Make or Break at Channel Resistance
Bitcoin Price Key Highlights Bitcoin price looks ready to resume the slide after hitting the resistance at the descending channel. This lines up with the Fib retracement levels, adding strength to the ceiling. дальше »
2018-6-20 07:38 | |
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Bitcoin (BTC) Price Watch: Eyes on This Consolidation Pattern
Bitcoin Price Key Highlights Bitcoin has formed lower highs and higher lows to trade inside a symmetrical triangle pattern on its 1-hour chart. Zooming out to longer-term time frames shows that this might be a bearish flag continuation pattern. дальше »
2018-6-18 07:03 | |
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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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