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Crypto Analyst Says Bitcoin Price Still Depends on Stock Market as Correlation still Intact

Bitcoin experienced a severe crash last week alongside the stock market which was responding to the COVID-19 pandemic that has led to record crashes in stock prices. The crash in BTC price suggested its correlation with the stock market although some have argued that this is not the case. The number one cryptocurrency was on […] дальше »

2020-3-23 00:42


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Despite Market Turbulence, Bitcoin’s Support Lines Remain Intact

Technical analysis of price trends is a topic ever electrifying the world of crypto investment, with dynamic debate on social media and beyond. While there are no guarantees, there are fundamental methods for looking at data which can provide valuable insights, such as analysis of price support lines and resistance, as well as proposed approaches […] The post Despite Market Turbulence, Bitcoin’s Support Lines Remain Intact appeared first on Bitcoin News. дальше »

2019-11-24 13:25


Bitcoin’s Long Term Parabolic Uptrend “Intact,” BTC Price Nearing Support after 9 Months

Since hitting 2019 high at $13,900, Bitcoin price has lost about 45% of its value. Yesterday, we went down to as low as $6,785 but soon made our way above $7,000. Currently, BTC/USD is trading just under $7,300, up about 3%, as per Coincodex while managing the daily trading volume of $482 million. Source: Coin360 […] дальше »

2019-11-24 21:33


Bitcoin Monthly Close Keeps Bull Flag Formation Intact, Target Over $14,000

Bitcoin price has had a stellar year, even despite the recent trend turning bearish after a descending triangle pattern broke down. After three consecutive red monthly candles in a row, October closed green and kept a potential bull flag formation on monthly price charts intact, giving bulls hope that the crypto asset’s 2019 rally isn’t. дальше »

2019-11-1 22:00