2024-1-25 19:02 |
Bitcoin faces critical test if chart bottoming signal is confirmed
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Cryptos will remain in a bottoming formation and continue be volatile during the period
2019-3-9 02:51 | |
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Against the backdrop of numerous positive headlines, February was the first month to see Bitcoin’s price grow since July of 2018. Are cryptocurrencies bottoming out?
2019-3-4 21:36 | |
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The recent bounce in the value of many leading cryptocurrencies relative to fiat currency has comprised the first bullish action in several months. Since bottoming out during the third quarter of 2018, many leading altcoins have made significant bullish moves against BTC.
2019-2-23 18:45 | |
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Bitcoin Bottom Is Coming But The Question Is At $2k Or $1k There have been several price predictions as to when will Bitcoin hit the bottom or if we are currently at the bottom. Also, there has been no shortage of new all-time high projections at about 90k, 100k, and 300k. However, the bullish momentum […]
2019-2-16 22:43 | |
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Complete with the “mooning” slogan and a Astronauts in the back ground, Bitcoin investors should get ready for a moon-sling. 2019 is not the year of regulators. It is the year of adoption and Trading View is joining the fray, shifting from fiat to crypto and Bitcoin to be specific.
2019-2-16 23:52 | |
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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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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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Back in 2017 when bitcoin hit a high of $3,000, hedge fund billionaire Michael Novogratz, sold much of the cryptocurrencies he owned claiming believing this would be its top. Months later, bitcoin would go on to hit as high as $20,000.
2019-1-19 18:21 | |
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Ethereum, TRON, and Iota have outperformed most other major cryptocurrencies by the 30-day Sharpe ratio, a measure developed by Nobel laureate William F. Sharpe to evaluate the return of an investment relative to its risk.
2019-1-6 04:07 | |
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Cryptocurrencies have had a bullish start to 2019 after an extremely bearish finish to 2019. The market leader is Bitcoin is forming an ascending triangle pattern on the daily. An ascending triangle is a bullish continuation pattern which is formed by both an upward trend line and a point of resistance.
2019-1-3 17:47 | |
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Over the last few weeks, the crypto market has been awash with speculations and lots of debate about whether Bitcoin could really be a bubble about to burst, all thanks to the free fall of the Bitcoin market price that almost tanked the whole cryptocurrency realm.
2018-12-24 17:18 | |
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At press time, bitcoin is trading for just over $3,300, meaning there’s no change since our previous price article. At least we can be grateful that bitcoin, albeit temporarily, is exhibiting enough strength to withstand any further needs to drop lower.
2018-12-12 21:23 | |
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The majority of crypto currencies – and with them Bitcoin – have had to endure violent price drops in recent weeks. Can one slowly speak of the hoped-for bottoming out? Bitcoin is hovering around $3770 and is down 4.
2018-12-6 01:49 | |
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Latest Bitcoin News It is now official: NASDAQ, the world’s second largest stock exchange will launch their Bitcoin Futures version by Q1 2019. This comes after days speculations after rumors began doing round that sources privy with development inside the exchange were confident that of the listing come next year.
2018-12-5 06:00 | |
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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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While we can easily associate 2018 with seeing one of the biggest bearish downturns for cryptocurrency, the latest drop has been both drastic and unprecedented. So far, it has seen a large percentage of altcoins trading at or below 90% of their value compared to their previous highs. The likes of Bitcoin are not exempt […]
2018-11-26 15:53 | |
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Genesis CEO Predicts Bitcoin Will Reach $3,000 Before Bottoming Out, In CNBC Interview Michael Moro is famous for his work as the CEO of Genesis Capital Trading and Genesis Trading. Recently, he sat down with CNBC’s “Squawk Box” to discuss the cryptocurrency.
2018-11-26 06:52 | |
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A week to Bitcoin Cash’s half-year software upgrade and BCH/USD is vibrant, adding 45 percent in the last week. Aside from that, BCH is trading above $600 in a bull break out pattern meeting our previous BCH/USD trade plans.
2018-11-8 05:15 | |
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A recent Bloomberg article quoted Bloomberg Intelligence analyst Mike McGlone, who said that Bitcoin’s current low volatility is “a sign of speculation leaving the market and eventually a bottoming process.
2018-10-29 15:59 | |
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Overly, Bitcoin Cash prices are stable but down 10 percent in the last day. Even if BCH is technically bearish and made worse by the lack of consensus ahead of November hard fork, Bitmain successful IPO and bottoming BTC prices could be the impetus to reverse recent losses driving prices back to $600 and even […]
2018-10-18 17:35 | |
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Since January’s plunge, crypto investors have been looking for signs of the market’s predicted rally this year. While the market is yet to recover its losses, a crypto expert is now saying that the end of the bear market could be at hand as Bitcoin, as well as the rest of the crypto market, might […] Bitcoin’s Recent Stability Could Be Sign That the Token Is Close to Bottoming Says Crypto Expert was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-10-10 13:49 | |
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Spencer Bogart says Bitcoin is close to bottoming out. Bogart, a partner at Blockchain Capital, believes the top-ranked cryptocurrency will soon begin to manifest another bull run based on the many recent positive developments occurring in the industry.
2018-10-7 02:00 | |
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Despite Lower Highs, Bitcoin May Be Bottoming On Friday, Tom Lee, who recently revealed that he expects for Ethereum to eclipse $1,900 by year’s end, made an appearance on Bloomberg to discuss Ethereum’s cousin or near relative, so to speak.
2018-9-29 23:06 | |
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Following a steady day of price action around $6,500, Bitcoin price exploded to $6,750. With such a fast move to the upside, we take a look at what’s happening price action going into the weekend.
2018-9-28 15:00 | |
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Regardless of the sentiment and interpretation of the 10,000 BTC short position of Sep 1, prices seem to be bottoming out. At current prices, BTC is up an impressive nine percent in the last week and two percent in the last 24 hours.
2018-9-3 05:00 | |
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Judging from the way candlesticks are arranged, altcoins appear to be bottoming gaining on average six percent in the last week. Propelling this recovery is the revival of Bitcoin prices which is up nine percent in the last week and on chain developments that drew demand in Tron and IOTA.
2018-9-3 03:02 | |
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Bitcoin price (BTC) could continue dropping for the next two years, a new forecast which takes into account the possible effect of the next block reward halving has revealed. The Halving Factor To Hit Bitcoin? Uploaded to Twitter August 13, the chart, which “factors in” Bitcoin’s third halving in May 2020 suppressing prices, shows BTC/USD ‘bottoming’ at $3000 just before the event.
2018-8-18 19:00 | |
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Have you heard? Bitcoin is flying. In case you hadn’t, let us fill you in. Bitcoin is currently flying high, at the time of writing Bitcoin is valued at $8,180. 32, up 2. 11%. Bitcoin has made huge gains through the end of July, after bottoming below the $6,000.
2018-7-25 13:30 | |
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BlackRock and US Congress up Vote Boosting Bitcoin Prices It couldn’t be a good time to trade or even hold Bitcoin. Not only does it appear to be bottoming out but the mere fact that BlackRock is tinkering about it legitimizes this asset.
2018-7-16 19:20 | |
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After completing the inverse head and shoulders formation Bitcoin price failed to pop. Does this mean the cryptocurrency has further to fall? Market Overview As the sky-high bitcon predictions of $25,000, $50,000 and $60,000 continue, there seems to be a divergence between the opinions of billionaires, institutional financial analysts and bitcoin’s actual price.
2018-7-14 15:00 | |
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Litecoin Buys a Bank, EOS RAM issues and Bitcoin aims for $3,000 There is always mix reaction when it comes to future BTC valuation. Some analysts think price erosion will continue and even drive prices to $2,500 while others have reasons to believe that the market is bottoming out. By their own judgments, soon we […]
2018-7-11 17:33 | |
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As prominent economists sound the death knell for cryptocurrencies and technical analysts label the current events as part of the bottoming process, investors have one question in mind. Are cryptocurrencies nearly prepped for a turnaround or is this the next leg down in a 7-month bear market? Market Overview Cryptocurrencies continue to waver and fumble as a few prominent world economists forecast that governments will regulate bitcoin to death.
2018-7-11 07:00 | |
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There were hopes of the crypto market bottoming out after weekend’s injection of bull pressure. Then we saw liquid coins registering double digit gains but that seems to be fading out if we refer to current prices.
2018-7-2 20:01 | |
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Everyone still wants to know whether or not Bitcoin has bottomed, and cryptocurrency trader Brian Kelly believes that process is underway — citing four main reasons. Price Action and Mining Costs Brian Kelly appeared on CNBC’s “Fast Money” to share his opinions on the first and foremost cryptocurrency’s current price action, while also explaining that there are good reasons to believe that Bitcoin is finding its bottom — the first being it’s most recent price action.
2018-6-26 18:00 | |
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Bitcoin’s decrease in volatility may signal that the bottoming process has already begun — but it may still have a way to fall. ‘A Bottoming Process Can Begin’ While everyone and their grandmother know about Bitcoin’s dramatic decrease in value following exorbitant prices in December 2017, many investors and traders in the first and foremost cryptocurrency are less aware of its decreased volatility.
2018-6-20 17:00 | |
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Within minutes of rumors spreading regarding the SEC’s classification of both bitcoin and ether, the entire crypto market breathed a sigh of relief as everyone enjoyed a nice bounce.
2018-6-16 00:23 | |
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In the previous BTC-USD market analysis, we discussed a macro pattern forming, called a “symmetrical triangle. ” A symmetrical triangle (shown in red) is a directionally agnostic consolidation pattern.
2018-6-13 00:05 | |
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