Bitcoin’s Recent Weakness Is More Tied to Global Markets Than to Anything Crypto Specific, Coinbase Says

2024-5-4 17:30

Both equities and gold have been trading lower since reaching highs in mid-April, the report said.

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trading lower gold highs report said mid-april

trading lower → Результатов: 126


Ethereum Price Analysis: ETH Trading at Lower Boundary of Trading Range at $115 — Can the Bulls Prevent the Market From Heading Lower?

Support for ETH moving forward: $115.96, $110.46, $102.55, $101.27, $100, $93.00, $84.03. Resistance for ETH moving forward: $124.91, $134.67,… The post Ethereum Price Analysis: ETH Trading at Lower Boundary of Trading Range at $115 — Can the Bulls Prevent the Market From Heading Lower? appeared first on Invest In Blockchain.

2019-1-22 15:10


Ripple Price Analysis: XRP Approaches Lower Boundary of Trading Range — Can the Bulls Defend This Critical Level?

Support for XRP moving forward: $0.3118, $0.3106, $0.3028, $0.2989, $0.2858. Resistance for XRP moving forward: $0.3291, $0.3361, $0.3449, $0.3635,… The post Ripple Price Analysis: XRP Approaches Lower Boundary of Trading Range — Can the Bulls Defend This Critical Level? appeared first on Invest In Blockchain.

2019-1-22 14:10


Gold-Like Bitcoin (BTC) May Eventually Surpass ATH, Says Crypto Entrepreneur

Bitcoin Shaping Up To Be Digital Gold Alistair Milne, the chief investment officer at Digital Currency Fund, recently commented on why he’s “still bullish” on Bitcoin (BTC) in a Twitter thread. Investors are now very aware that Bitcoin is like trading Gold with 100x leverage and, next year, Bitcoin's inflation/production rate will actually be *lower* than […] The post Gold-Like Bitcoin (BTC) May Eventually Surpass ATH, Says Crypto Entrepreneur appeared first on Ethereum World News.

2019-1-20 22:30


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Bitcoin Price Analysis: Bitcoin Tests Boundary Support as Demand Weakens

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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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

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


Bytecoin Now Offers “Auditable Coins” For Public Technology Applications — Can the Buyers Hold BCN Above the Lower Boundary of the Trading Range?

The Bytecoin team has continued with development, releasing an Android wallet along with “Auditable Coins” The market is now… The post Bytecoin Now Offers “Auditable Coins” For Public Technology Applications — Can the Buyers Hold BCN Above the Lower Boundary of the Trading Range? appeared first on Invest In Blockchain.

2019-1-3 19:12


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Bitcoin Price Analysis: Bear Pennant Breakout Puts $1,700 Price in Sight

Another week, another low. Bitcoin’s market has been bleeding relentlessly for weeks and now, after falling 50% in value in just one month, the market has managed to break south of a major bearish consolidation pattern called a bear pennant:Figure 1: BTC-USD, 4-Hour Candles, Bear Pennant BreakoutThis is a massive bear pennant with a staggering $2,000 measured move.

2018-12-12 01:52


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Bitcoin Price Analysis: Wait and See Where Recent Signs of Strength Lead

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


Ether Price Analysis: Untested Support Leaves Shaky Foundation During Drop

Much like the rest of the crypto market, ether has found itself devalued by more than 90% since its all-time high of $1,400 back in December of 2017. And now, almost a year later, ether sits just above $100 on what appears to be shaky ground during its latest round of selling over the last few weeks:Figure 1: ETH-USD, Daily Candles, Rapid DescentSimilar to bitcoin’s movement discussed in yesterday’s article, ETH-USD experienced a parabolic growth profile during its bull run.

2018-11-28 01:55


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Bitcoin Price Analysis: Yearly Support Breaks as Bitcoin Tests Underlying Demand

After months and months of consolidation, the yearly support finally broke and now bitcoin has found itself in the lower $5000s for the first time since 2017:Figure 1: BTC-USD, Daily Candles, Broken SupportBitcoin managed to drop a staggering 16% yesterday as the market sliced through the long held support like a knife through butter.

2018-11-16 01:28


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2018-11-14 19:41