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Bitcoin Analysis for 2019-12-19 [Premium Analysis]

The Bitcoin price reached a low of $6441 before initiating a strong bounce and reaching $7400. The bounce occurred right at the support line of the descending channel. However, the lack of volume and failure to close above the previously significant resistance areas makes us believe that the price will eventually drop below $7000. дальше »

2019-12-19 12:28

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What’s Behind the Increasing Number of Bitcoin Longs on Bitfinex?

The number of long orders on the Bitfinex exchange has been making all-time highs for the past five days. This is unusual since the Bitcoin price has decreased by around 10% over these days. The possibility of this occurrence preceding a long squeeze has likely been invalidated, since the rapid price decrease of December 17 […] The post What’s Behind the Increasing Number of Bitcoin Longs on Bitfinex? appeared first on BeInCrypto. дальше »

2019-12-19 06:48

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Bitcoin Analysis for 2019-12-12 [Premium]

The Bitcoin price is trading inside of a major trading range between $6900-$7600 and minor one between $7150-$7350. It validated the resistance line of the latter before retracing to support. The Bitcoin price is trading inside a short-term bullish pattern, which suggests a breakout towards $7350 will occur. дальше »

2019-12-12 13:37