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Bitcoin Price Analysis: Strong Move Likely Following Tightly Coiled Market

Days and days of sideways consolidation and tightening volume has been the name of the game for the bitcoin market. A narrow range of $200 has caused a weeks worth of activity to coil and consolidate in preparation for bitcoin’s next move:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe figure above shows just how narrow the range has been over the last week as the market has continued to grind out support and fail to break above overhanging resistance. дальше »

2019-1-26 03:13


Bitcoin Cash Price Analysis: BCH/USD Rally Depends on Breakout Above $150

Latest Bitcoin Cash News Plainly put, 2018 was a year to forget for the world’s leading ASIC manufacturer, Bitmain. While prices fell across the board, not only did Consensys resized and re-calibrated their plans but Bitmain was forced to put off what they had previously dubbed as the largest digital asset mining facility in the […] дальше »

2019-1-24 17:12


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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. дальше »

2019-1-18 02:02


Bitcoin Cash Price Analysis: BCH 6-Days in a $10 Range, Breakout Likely

Latest Bitcoin Cash News Despite deep price erosion and uncertainty, we can see progress in Bitcoin Cash. Even though developers may be reeling from a disastrous hash war rate whose gamble did see Jihan Wu replaced as the CEO of the world’s largest chipset manufacturer Bitmain, developers are not laying down on their laurels although […] The post Bitcoin Cash Price Analysis: BCH 6-Days in a $10 Range, Breakout Likely appeared first on Ethereum World News. дальше »

2019-1-17 16:00


Cryptocurrency Market sets out in a Bullish pattern, positions BCH, ETH and EOS for a price breakout

The cryptocurrency market has taken a rather impressive turn since the last 24hrs when most tokens and coins were only making a little above 2% to 4% in gains, but as usual, the unpredictable structure of the market has moved to a more trading friendly position as more and more tokens continue to attain gains. дальше »

2019-1-15 22:45


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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. дальше »

2019-1-4 02:22