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Crypto Markets Trade Down as Bitcoin (BTC) Short Positions Plunge

Since the crypto markets witnessed a large price swing last Friday, they have been gradually drifting downwards, with Bitcoin (BTC) expressing some levels of stability in the low-$3,600 region. This stability may not last long however, as BTC short positions are rapidly dropping while long positions climb, which may signal that bulls are getting overly. дальше »

2019-2-15 03:00


Bitcoin Price in Recovery Mode – Will it Close the Week on a High Note?

The bitcoin price on Friday posted a modest 0. 9 percent surge as it corrected from its ascending channel support level and sought to climb back into bullish territory. Bitcoin Price Charges Back Toward $3,500 The bitcoin-to-dollar exchange rate (BTC/USD) established its intraday low at $3,371 right at the beginning of the Asian session. дальше »

2019-2-2 23:26


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Analyst: Bitcoin (BTC) Likely to Climb Back Above $3,500 After Finding Support at $3,400

Earlier this week, Bitcoin (BTC) failed to uphold its previously established support level around $3,550, which led to a sharp drop to $3,400. Although at the time of this drop many analysts expected BTC’s main region of support to exist around its 2018 lows at approximately $3,200, the cryptocurrency was able to find support at. дальше »

2019-1-31 00:00


Bitcoin Rebounds From Yearly Lows Into Resistance at the $3,700 Handle — Can the Bulls Continue to Climb Higher?

Bitcoin has rebounded from fresh yearly lows at $3,215 into combined resistance at the $3,701 handle. The market is… The post Bitcoin Rebounds From Yearly Lows Into Resistance at the $3,700 Handle — Can the Bulls Continue to Climb Higher? appeared first on Invest In Blockchain. дальше »

2018-12-18 12:20


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Bitcoin Price Analysis: Potential Reaccumulation Could Test Bear Trend

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. дальше »

2018-9-24 21:29


Blockchain CEO: Cryptocurrency Prices will Slowly Recover Towards Year-End

Cryptocurrency prices have been hovering near their year-to-date lows as of late, with Bitcoin dominance near its yearly high and many altcoins down 80% or more. Although investors are losing confidence in the markets and things look bleak, one person familiar with the space believes that prices will begin to climb towards the end of. дальше »

2018-9-19 21:30