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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above. дальше »

2019-2-26 02:42


Dow Leaps Higher as Chinese Stock Market Closes Best Day in 3 Years

The Dow and overall U. S. stock market surged on Monday after President Trump confirmed that he would extend trade negotiations with China and hold off on a planned tariff hike early next month. Dow Extends Bullish Revival; S&P 500 & Nasdaq Follow All of Wall Street’s major indexes reported gains at the beginning of the week, reflecting a strong pre-market for Dow futures. дальше »

2019-2-26 21:12


Bitcoin Cracks the $4,000 Mark for the First Time in almost Two Months: BTCManager’s Week in Review February 25, 2019

Bitcoin investors are finally getting the much-needed relief rally that saw the price of bitcoin surge past the $4,000 mark to close the week five percent higher week-on-week at around $3,900. After almost two months in the $3,000 range, bitcoin finally broke through the $4,000 mark as traders have started to hit the buy buttonRead MoreRead More. дальше »

2019-2-25 12:00


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Bitcoin Price Analysis: Bullish Setups Could Break Current Market Structure

The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However, it is nicely consolidating on lower time frames and hints toward the possibility of another leg up:Figure 1: BTC-USD, Hourly Candles, Consolidating PennantThe pattern shown in Figure 1 outlines a potential continuation pattern called a “bullish pennant. дальше »

2019-2-23 02:23


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Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test

Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:Figure 1: BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months. дальше »

2019-2-20 01:38


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Markets Update: Cryptocurrencies Bullish Following Higher Lows

The cryptocurrency markets have enjoyed a day of significant bullish action, with only four of the top 80 crypto assets by capitalization posting a 24-hour loss as of this writing. ETH was the strongest performing leading market, comprising the only cryptocurrency in the top 25 by market cap to post a double-digit gain for the […] The post Markets Update: Cryptocurrencies Bullish Following Higher Lows appeared first on Bitcoin News. дальше »

2019-2-19 14:50


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Markets Update: Cryptocurrencies Bullish Following Possible Higher Lows

The cryptocurrency markets have enjoyed a day of significant bullish action, with only four of the top 80 crypto assets by capitalization posting a 24-hour loss as of this writing. ETH was the strongest performing leading market, comprising the only cryptocurrency in the top 25 by market cap to post a double-digit gain for the […] The post Markets Update: Cryptocurrencies Bullish Following Possible Higher Lows appeared first on Bitcoin News. дальше »

2019-2-18 14:50


NEO Long-term Price Analysis – February 17

NEO/USD Long-term Trend – Ranging Distribution territories: $11, $13, $15 Accumulation territories: $6, $5, $4 There have been weak higher lows in the NEO/USD market stance since February 10. The US dollar now appears losing weight valuation slightly against the crypto, hence the cause for entering other upper range zones. Currently, the range zones are […] дальше »

2019-2-17 12:34


SWIFT Outperforming Ripple, Bitcoin ETF On The Way, JP Morgan Launches Own Coin, XRP Centralized, Coinmama Hacked, Nasdaq to Add BTC and ETH Indices to its Global Data Services: This Week In Crypto

This week, as usual, was full of activities, most of it focused on the future of cryptocurrencies and cryptocurrency adoption. Top among the stories were predictions on the future price of Bitcoin which have been mostly bullish. дальше »

2019-2-17 11:13