2019-11-22 22:21 |
A bottom may be close for Bitcoin following a steep drop to $7,000
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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Scott Melker, a cryptocurrency trader and the author of The Wolf Den Newsletter, believes a short-term Bitcoin bottom is close. The post Why a trader says a Bitcoin bottom is close, based on a key technical structure appeared first on CryptoSlate.
2021-1-28 20:15 | |
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The total cryptocurrency market cap has been correcting since June 26. In the long-term, it looks close to reaching a bottom. A breakdown below significant support could indicate that we are in an extended bear market.
2019-11-22 07:10 | |
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The Ethereum and EOS long-term charts suggest that they have both reached a bottom and are close to initiating the next bullish market cycle. Since a rapid upward move on Oct 25, most major altcoins have been holding up while Bitcoin has been decreasing.
2019-11-21 13:15 | |
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Special thanks to the Gitcoin team and especially Frank Chen for working with me through these numbers The next round of Gitcoin Grants quadratic funding has just finished, and we the numbers for how much each project has received were just released.
2019-10-30 04:03 | |
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The total market capitalization of the cryptocurrency industry reached a high of $774 billion on January 5, 2018. It has been decreasing since and has not approached those highs. The closest it has come has been on June 26, 2019, with a high of $338 billion.
2019-10-16 23:17 | |
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By CCN Markets: According to technical analysts and cryptocurrency traders, the bitcoin price is at a critical juncture following its indecisive weekly close and is waiting for confirmation for either a full short term trend breakdown or reversal for BTC.
2019-9-2 09:46 | |
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Bitcoin’s volatility has drastically decreased over the last few weeks as price action unfolds close to key support at $9,400. This key support line creates the bottom of the asymmetrical triangle stemming from $14,000 down to $9,400 mentioned in a previous analysis on Bitcoin.
2019-8-31 20:23 | |
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Lisk has a bearish short-term outlook, with the cryptocurrency suffering a severe double-digit intraday decline The four-hour time frame shows that a bearish head and shoulders pattern is close to reaching its downside target The daily time frame shows that the LSK / USD pair is approaching the bottom of a broadening wedge pattern Lisk […] The post Lisk Price Analysis LSK / USD: Shock Therapy appeared first on Crypto Briefing.
2019-8-15 16:45 | |
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Bitcoin price throughout 2018 was locked in a bear market and downtrend that ultimately took the price of the first-ever crypto asset to its bottom at $3,200. But during the almost 8 months of 2019, Bitcoin has been in an uptrend and is preparing to enter a bull market.
2019-8-8 23:00 | |
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Bitcoin price broke out of a bottom consolidation overnight, jumping 11%, reclaiming the $8k handle ahead of the weekly close. We take a look at the price action as we head towards the weekly close.
2019-5-19 14:15 | |
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Bitcoin [BTC]’s recent rally had caused a lot of people involved in the cryptocurrency space to speculate that the bear market had come to a close and that a new bull run was on the horizon. This sentiment received a blow when on May 16, the world’s largest cryptocurrency dropped by 20 percent from its […] The post Bitcoin [BTC]: Vinny Lingham claims BTC is in ‘recovery phase since the $3,100 bottom’ appeared first on AMBCrypto.
2019-5-17 11:30 | |
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Trigger warning: specialized mathematical topic Special thanks to Karl Floersch for feedback One of the more interesting algorithms in number theory is the Fast Fourier transform (FFT).
2019-5-14 04:03 | |
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By CCN: Bitcoin is 2019’s best-performing asset thanks to the massive rise in the price of the cryptocurrency, and a growing chorus on Wall Street proclaims that BTC’s terrific momentum won’t be dying out anytime soon.
2019-5-12 00:30 | |
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By CCN: As Bitcoin looks to eke out the highest daily close since 2018, crypto market sentiment is getting more and more bullish. Recently, CCN noted that technical analyst Willy Woo believes that there’s only a 5% chance the Bitcoin price hits a new low during the current market cycle.
2019-4-23 00:55 | |
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Bitcoin investors are ready to call $3,100-area a bottom as the cryptocurrency continues its upward trend. The Rythm Trader noted that bitcoin had gone 123 days without posting fresher lows, which brought up its total gains since December close to 65 percent.
2019-4-18 17:34 | |
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The recent Bitcoin rally through months-long resistance at $4,200 has re-ignited the crypto market’s bullish fervor. After nearly a year and a half of bear market, a potential bottom may be in and it’s causing bulls to become more confident that the worst is behind us and a new bull run is close to starting.
2019-4-10 03:01 | |
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Long-Term Outlook A look at the Weekly chart or ADA shows that the price is facing close resistance from the 50-period moving average. The past six weekly candles have been bullish and the current one is a bullish engulfing.
2019-3-31 15:45 | |
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The cryptocurrency market is in a bear trend that seems not to have an end. Since December 2017, Bitcoin lost more than 80% of its value and it remains close to the bottom. However, there are some firms that are starting to place their funds in the market and are helping the space to be […]
2019-3-29 03:30 | |
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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 XTZ shows that the price made a temporary bottom near $0. 4, close to where price opened in July 2018. Since then, it initiated an upward move which took it above the 10 and 21-period moving averages, which are very close to making a bullish cross.
2019-3-28 12:04 | |
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Long-Term Outlook A look at the Weekly chart for TRX shows that the price is trading between the 21 and 50-period moving averages. It has found support above the 21-period MA. It made a bottom near the support area at $0.
2019-3-26 14:59 | |
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The cryptocurrency market was in a long bearish stretch until all the top assets located their short bottom in December last year. Litecoin was one among them. On December 12, the Litecoin’s dollar valuation touched its yearly low at $23.
2019-3-26 14:58 | |
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Now that Bitcoin (BTC) has seemingly bottomed or is close to a bottom, people are beginning to make bullish… The post Bitmex CEO: Bitcoin (BTC) Will Test $10,000 in 2019 appeared first on Invest In Blockchain.
2019-3-25 19:06 | |
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Long-Term Outlook A look at the Weekly chart or ADA shows that the price is facing close resistance from the 40-period moving average. The past four weekly candles have been bullish, and the current one is a bullish engulfing.
2019-3-24 13:54 | |
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Long-Term Outlook A look at the Weekly chart for TRX shows that the price is trading between the 21 and 50-period moving averages. It has found support above the 21-period MA. It made a bottom near the support area at $0.
2019-3-19 17:38 | |
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Long-Term Outlook A look at the Weekly chart or ADA shows that the price has just moved past the 21-period moving average which had been offering close resistance to the price since April 2019. The past four weekly candles have been bullish.
2019-3-17 15:29 | |
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Long-Term Outlook A look at the Weekly chart for TRX shows that the price is trading between the 21 and 50-period moving averages. It has found support above the 21-period MA. It made a bottom near the support area at $0.
2019-3-12 16:39 | |
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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.
2019-2-26 02:42 | |
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Thomas Lee, the CEO of Fundstrat Global Advisors said that Bitcoin (BTC) is going to end 2019 above $3,900. Bitcoin has been traded sideways during the last few months between $4,200 and $3,300, and experts and analysts are trying to understand whether we are close to a bottom or if it is possible for Bitcoin […]
2019-2-24 22:12 | |
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Long-Term Outlook A look at the Weekly chart for XLM / USD in logarithmic form shows that price is trading above the support area of $0. 06/$0. 07 created by the highs of April 2018. Price has created a small amount of bullish divergence with the RSI.
2019-2-23 14:19 | |
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The bitcoin price has not bottomed yet, but it’s close — and the sooner it tanks, the better. That’s the assertion of Alex Sunnarborg, a founding partner of New York crypto hedge fund Tetras Capital.
2019-2-20 00:15 | |
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The current price of Bitcoin is $3862 (Bitmex Pricing), with 24 hour volume leveling at 9. 9 billion USD. Bitcoin’s price has increased by roughly 6. 6% since yesterday’s daily close; its volume has increased by ~35%.
2019-2-19 01:29 | |
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A long-term price indicator validates a growing consensus among investors that bitcoin is close to bottoming out.
2019-2-14 14:00 | |
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As Bitcoin price finished the week with a strong move to the upside, we take a look at what this means for the Bulls and Bears heading into the week. Weekly Chart Bitcoin price closed the week at $3,650 (+6.
2019-2-11 17:00 | |
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Bitcoin price predictions have been coming thick and fast over the past couple of months as analysts and investors attempt to foresee when the bottom will be in. This serves as the best buying opportunity but very few traders get it exactly right so getting close should be good enough.
2019-2-6 12:00 | |
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In February 2019, Bitcoin transaction metrics are giving stronger hints than ever that the cryptocurrency is close to the bottom of its latest bear cycle. Bitcoin’s Familiar Moves Data from Blockchain, tracking the number of unspent transaction outputs (UTXOs), confirmed transactions by day and exchange volumes in USD for Bitcoin, reveals lows not seen since 2017.
2019-2-5 19:00 | |
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A defiant US stock market opened to significant gains on Tuesday, brushing off bearish portents about declining corporate earnings. Bitcoin, meanwhile, continues to endure a painstaking search for a bottom as it seeks to bring its longest-ever bear market to a definitive close.
2019-2-5 17:40 | |
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Long-Term Outlook: A look at the Weekly chart for Ethereum in logarithmic form shows that after breaking down through the $180 support, the price is trading at $109, below the 7,21,50 period moving averages and the Ichimoku cloud.
2019-2-3 16:44 | |
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Bitcoin found support at the bottom of its descending channel on the 1-hour time frame and looks due for a pullback to the top. Applying the Fibonacci retracement tool shows the next potential resistance levels.
2019-1-29 04:16 | |
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Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With the current market unable to close a new high, the market finds itself in a precarious position:Figure 1: BTC-USD, Daily Candles, Range Support TestThe blue support level shown above illustrates the boundary of the multi-week range bitcoin has been bound by.
2019-1-18 02:02 | |
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Finally, after about a week or so of a tight, range-bound market, bitcoin poked right through support. This swift move dropped the price nearly 10% in the span of just a few short hours:Figure 1: BTC-USD, Hourly Candles, 11% DropNot only did this move occur on high spread, it occured on high volume.
2019-1-12 02:21 | |
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Following yesterday’s market surge most cryptocurrencies have continued to rise, and Bitcoin has now surged above $4,000. Whether or not the markets can extend their upwards momentum long-term is very important for reversing the persisting bear market.
2019-1-7 00:00 | |
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After weeks in which virtual currencies were falling and reaching new lows in more than a year, it seems that analysts are changing opinion about Ethereum (ETH). Since it reached a bottom a few weeks ago, close to $82, Ethereum almost doubled its price and it remains bullish for the future. Why did the sentiment […]
2019-1-5 20:39 | |
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For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation.
2019-1-4 02:22 | |
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A look at the Weekly chart for NEO shows that price fell from the long-standing support area of $18-22 and is now trading at around $7. Price dropped all the way to $5, coming close to the bottom achieved in late October 2017 at $3.
2018-12-27 13:19 | |
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The price of bitcoin rallied by over 20 percent to close the week above the $4,000 thanks to a “Santa Rally ahead of Christmas. After weeks of red markets, this rally provided some relief to crypto investors as the market seems undecided on whether it wants to find a new bottom or rally into the new year.
2018-12-25 00:00 | |
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The weekly Crypto Technical Analysis is provided by Dmitriy Gurkovskiy, Chief Analyst at RoboForex. Needless to say, all statements and views expressed below and any forecasts contained herein are solely based on.
2018-12-12 19:29 | |
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While the price of bitcoin has nearly hit rock bottom from its $20,000 all-time-high of 2017, the bloodbath has not deterred bad actors from carrying out cryptojacking attacks. According to a Digital Trends report on December 4, 2018, rogue actors have installed crypto mining malware on 415,000 MikroTik routers globally.
2018-12-7 22:00 | |
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Crypto Analyst: Bitcoin Cash Hard Fork, Regulatory Qualms Have Been Bearish Catalysts Naeem Alsam, a crypto-friendly contributor to Forbes and the Chief Market Analyst at ThinkMarkets, recently sat down with CoinTelegraph in the outlet’s “Time To Buy Bitcoin [BTC]?” exclusive to discuss his opinions on the market, and where BTC could potentially bottom.
2018-12-4 07:00 | |
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| Analogue Notcoin - TapSwap |
The narrative of Option2Trade’s (O2T) emergence and rally amidst the stagnation of traditional favorites like Shiba Inu (SHIB) and Pepecoin (PEPE) provides valuable insights into the changing preferences and dynamics of the cryptocurrency market.
Algorand ALGO started this month bearish but later found solid ground. However, it has recovered nicely following a notable surge in the past week. It currently appeared strong and set for a new bullish phase.
Following the latest bounce back across the crypto space, Bitcoin Cash BCH increased by over 50% in the past week and broke out of a key level yesterday. The trend looks bullish and ready for a stronger rally.
Exchange data has revealed continued bullish sentiment from Ethereum traders. According to IntoTheBlock, $906 million worth of Ethereum was withdrawn from crypto exchanges last week, indicating a holding mentality among investors.
ETH price is trading at a key resistance level, but data highlights why the altcoin could struggle to hold $1,900.
CME Bitcoin futures hit a two-year high, but options market data reflects investors’ hesitancy.
The meme tokens’ competition is just beginning. Investors have a day and hours to buy Shiba Memu (SHMU) tokens. After this, the meme space will have a new challenger with a new AI angle, SHMU.