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Bitcoin Is Consolidating At New $10k Baseline Before Next Breakout, Tyler Winklevoss Posits

The Bitcoin Index Value for August, which accounts for its average price across leading global exchanges, amounted to $11,643, according to data from Statista. Bitcoin has however started the month of September with huge retracements despite analysts’ speculation that this would boost Bitcoin’s price, the opposite has been experienced across all major exchanges. For the […] дальше »

2020-9-6 17:31


Bitcoin Gains Independence From the Traditional Markets to Move in Line with Gold

Ever since last month, the one-month correlation between Bitcoin and S&P 500 has been on a constant decline, going from an all-time high of 78.8% on July 8th to now just at 26%. While the equities market is continuing on its upwards trend with a few retracements along the way, after trading sideways for close […] дальше »

2020-8-9 17:50


Despite Deep Retracements, Bitcoin Recorded Higher Monthly Lows Each Time in 2019

After making a bullish start of September, the Bitcoin price remains above $10,000. Currently, BTC/USD is trading at $10,424 with 24 hours loss of 2.30%, down from $10,770 hit yesterday. This has the top 30 coins turning red as well, with Binance Coin in the lead by 4.13 percent losses followed by Monero (3.82%) and […] дальше »

2019-9-4 19:42


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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


Litecoin Price Action: Doji Forming for LTC After Price Meets Support

Litecoin started the week with a decline along with the rest of the cryptocurrency market but has since been meeting support at the $30 which is a key psychological point for traders. If Fibonacci retracements are drawn from the December low to the January high, we can see that the price of Litecoin at the […] Litecoin Price Action: Doji Forming for LTC After Price Meets Support was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com. дальше »

2019-1-29 18:14


Ethereum Price Analysis: ETH Outperforms Among Top 3 Cryptocurrencies

Similar to the market leader Bitcoin, Ethereum underwent a bearish drop today but has since recovered and is currently recording an increase on the daily candle. If Fibonacci retracements are drawn from Decembers low to January’s early high, we can see that price has been finding support and resistance at a number of the levels. дальше »

2019-1-22 19:19


Fibonacci Retracements: Forecasting High-Probability Reversals in Cryptos

Fibonacci retracements are a key support/resistance technical tool. They offer you real-time swing reversal confirmations and also forecast future reversal levels with substantial accuracy. Before we get to the example… The post Fibonacci Retracements: Forecasting High-Probability Reversals in Cryptos appeared first on CoinCentral. дальше »

2018-11-13 19:07