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Bitcoin Price Analysis: New High Paves Potential Reversal Setup

After days and days of consolidation, bitcoin finally managed to break a new high for the first time in almost two weeks. This new high, so far, has been short lived, however, as it was almost immediately sold into by eager bears:Figure 1: BTC-USD, 4-Hour Candles, New HighOur current 4-hour candle is seeing a relatively easy retracement after days and days of an upward grind. дальше »

2019-3-9 02:08


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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


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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


Billionaire Bitcoin Bull Tim Draper: The Crypto Takeover is Inevitable, Only Criminals Using Cash in Five Years

Everyone in the cryptocurrency and traditional finance industries has an opinion about how the related technology will unfold in the years to come. Tim Draper, known in the market as a Bitcoin bull, believes that the next five years will hold such considerable progress for the crypto industry that the only ones left using cash […] дальше »

2019-2-19 02:08


JP Morgan Chase China Head: Young People, aka “Tech Investment Bankers” have ‘Opportunity to Understand’

Investment bankers nowadays have much to master before they can make progress in the industry. Presently, JP Morgan Chase executive Huang Guobin says that the need to master blockchain and related technologies that are starting to emerge, due to the future industries that customers will flock to. Based on a report from Wall Street CN, […] дальше »

2019-2-13 18:57


Cardano Foundation Shows Further Progress in Transparency by Publishing New Wallet Publicly

The concept of full transparency is usually a luxury on the blockchain, but too few companies actually show how much of their own company they are holding in tokens. However, to be fully transparent and honest with consumers, companies should be forthcoming with how invested they are as well. The Cardano Foundation recently created a […] дальше »

2019-2-13 02:00


New Hampshire Lawmakers to Allow Residents Pay Tax with Bitcoin and Cryptocurrency

A newly put forward cryptocurrency law in New Hampshire is getting some considerable progress. The law will give the people living in the state the opportunity to pay taxes using cryptocurrency. The bill recently scaled its initial reading as it was passed unanimously by a subcommittee on the House Executive Departments and Administration Committee. House […] дальше »

2019-2-9 17:48