2020-10-31 21:50 |
Bitcoin’s consolidation near a key overhead resistance is a sign of strength but the technical structure of most altcoins has weakened. origin »
Bitcoin price in Telegram @btc_price_every_hour
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Ethereum’s price action over the past several weeks has proven to be highly disappointing for investors, as it has been underperforming both Bitcoin and many of its other peers despite it seeing unprecedented fundamental strength.
2020-7-4 17:00 | |
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During the week of June 22-29, the Bitcoin price created a small bearish candlestick with wicks on both sides, slightly longer on the upper. This makes for the third bearish candlestick since the price was rejected by $10,380 on June 1, a sign that the upward trend has lost strength.
2020-6-29 12:03 | |
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After concluding its third-ever block rewards halving, Bitcoin has shown some immense signs of strength from both a technical and fundamental standpoint The cryptocurrency has now recovered a good portion of the losses that came about as the result of its recent dip, leading many analysts to conclude that this could mark a local bottom BTC’s hash rate has also remained quite high in the time following this event, which is a sign of strength, […]
2020-5-13 21:00 | |
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Bitcoin (BTC) staying above $8,000 is a sign of increasing momentum and detachment from the stock market beta-pull, according to Bloomberg senior analyst Mike McGlone. In a new bitcoin report published on May 5, McGlone said that sustaining above this level is necessary to indicate strength.
2020-5-7 20:33 | |
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Bitcoin may be primed to take off as analysts suggest that the dollar is about to lose its strength. A weaker dollar would be a positive sign for risk-assets like...The post Could Bitcoin Benefit from a Weaker U.S. Dollar? appeared first on Crypto Briefing.
2020-4-1 11:30 | |
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Bitcoin’s sharp overnight selloff marked a firm end to the bout of consolidation that it had been experiencing over the past few days, with this movement sending BTC reeling down to its key support within the lower-$6,000 region.
2020-3-29 00:30 | |
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The Wyckoff Method suggests Bitcoin is looking more like it has left lows behind, suggests Murad Mahmudov
2020-1-7 13:38 | |
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Although many investors and analysts alike viewed Bitcoin’s muted reaction to the recent Tether/Bitfinex controversy as a sign of improving fundamental strength, it may be too early to celebrate just yet, as one analyst believes that BTC may dip back into the lower-$4,000 region before finding any significant levels of support that allow it to.
2019-4-30 03:00 | |
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Summary:Despite some strong, intraday selling, bitcoin’s macro-bullish market structure remains intact. So far, we have seen a test of two daily levels and have clearly established support.
2019-4-17 23:26 | |
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Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections.
2019-3-29 02:21 | |
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Long-Term Outlook A look at the Weekly chart for TRX shows that price is following a descending support line and currently trading at $0. 023. Price rallied until $0. 04 where it found resistance corresponding with the 21 period moving average and promptly reversed.
2019-1-14 16:19 | |
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This week realized a big gain as bitcoin enjoyed a 25% rally from its local bottom before topping out around $4,400. Support currently appears to be established in the mid-$3,000s as the market remains indecisive over its next move:Figure 1: BTC-USD, Daily Candles, Current Support LevelFigure 1 shows the relevance of the current support level as it represents a previous support level that was never properly retested during last year’s parabolic bull market.
2018-11-30 01:45 | |
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A report published in October by OneAlpha revealed that Bitcoin’s market was gaining strength after the 2018 correction. The stability of the last weeks is a sign of maturity of the markets that seem to have passed the hype stages -both bullish and bearish- of the previous months.
2018-11-4 07:24 | |
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Another week has passed as bitcoin continues to coil in a tighter and tighter consolidation. Both price and volume continue to consolidate as bitcoin decides where the next major move will be.
2018-10-31 00:19 | |
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For several weeks, bitcoin has remained in a consolidating uptrend. The market hasn’t seen a new high since mid-September, but the lows have steadily gained higher and higher ground.
2018-10-10 01:26 | |
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Over the previous four days, Bitcoin price recorded consecutive declines which saw price form a low around $6350 yesterday. It has since bounced, and the price is back trading above $6500. Today’s rise is on low volume.
2018-9-26 16:27 | |
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Last week, after a devastating move that shook the market violently up and down for a 7% move in just a few short minutes, bitcoin saw a major sign of strength as it proceeded to have a slow, but steady markup where it managed to establish a local high in the $6,800s:Figure 1: BTC-USD, Hourly Candles, Shakeout Prior to MarkupThis shakeout forced the market to temporarily establish a new monthly low in what could be argued to be a stop-hunt prior to the move to the $6,800s.
2018-9-24 21:29 | |
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At press time, the father of cryptocurrency is trading for just shy of $6,300. This is a good sign that bitcoin is working to boost itself up the financial ladder, as previously the currency was trading in the $6,100 range.
2018-9-12 21:21 | |
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Over the last two weeks, bitcoin saw its longest streak of red days since 2014. The volume was modest and expansive on the drop as the price managed to lose 25% in value in just 10 days.
2018-8-11 00:10 | |
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At the time of this article, the news from the Winklevoss ETF being denied by the SEC is still fresh and it is unclear what impact it may have on the overall macro trend of the market.
2018-7-27 00:57 | |
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In our previous discussion, a strong possibility for a retest of the low volume spring was noted as the market was beginning the early stages of an inverted head-and-shoulders (H/S) reversal (sometimes called a head-and-shoulders bottom).
2018-7-18 01:36 | |
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Суд в Лондоне приговорил к шести годам тюремного заключения бывшего старшего разработчика платформы для запуска мемкоинов Pump.fun Джарретта Данна (Jarett Dunn), известного под прозвищем «Криптовалютный Робин Гуд».
As plaintiffs attempt to overturn a prior court decision, the long-running conflict between Bitcoin SV investors and cryptocurrency exchange Binance has entered a new stage. The investors are continuing to assert that Binance’s decision to remove Bitcoin SV (BSV) from…
Despite a general crypto market decline that has seen the global crypto market cap drop by about 1% to $2. 03 trillion, Mantra (OM), Bitcoin SV (BSV), and AAVE have registered impressive gains, driven by recent developments.
In a recent update, the U.S.-based financial service provider, Robinhood Markets, has announced the removal of BSV, also known as Bitcoin Satoshi’s Vision. According to the update, Robinhood will stop supporting BSV on Jan. 25, 2023, adding that other digital…
Министерство связи и информационных технологий Саудовской Аравии (MCIT) выступило учредителем академии блокчейна в рамках нацпроекта по развитию человеческого капитала.
Накануне вечером поступила срочная информация об атаке 51% на сеть Bitcoin SV. Об этом сообщил популярный сервис CoinMetrics со ссылкой на свою платформу Farum. Представитель команды CoinMetrics Лукас Нуцци в Твиттере уже подтвердил, что блокчейн BSV был атакован.
It became a choice between protecting Bitcoin’s open-source ethos or championing free-market fundamentals. In the end, community won out.