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Bitcoin Price Analysis: Bullish Setups Could Break Current Market Structure
The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However, it is nicely consolidating on lower time frames and hints toward the possibility of another leg up:Figure 1: BTC-USD, Hourly Candles, Consolidating PennantThe pattern shown in Figure 1 outlines a potential continuation pattern called a “bullish pennant. дальше »
2019-2-23 02:23 | |
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Signs That The Bears Are Taking Over Bitcoin
After the market crash on Thursday, the future of a further drop in Bitcoin seems to be a bit brighter according to CoinDesk. The biggest digital currency in the world has been staying relatively steady over the past month but on Thursday there was a massive drop bringing the price down below the $6,500 mark and to the $6,200 level confirming a range breakdown. дальше »
2018-10-13 21:30 | |
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Bitcoin Price Analysis: High Shorts Count Could Signal Price Hike
Once again, bitcoin finds itself precariously perched on the bottom of its macro trading range (TR). After a strong round of selling over the course of two weeks plunged the price back to the $6,000s, bitcoin began consolidating for several weeks at the bottom of the TR:Figure 1: BTC-USD, 1-Day Candles, Macro TRAs shown in the figure above, the market has interacted several times at the current price range and it has been a source of three major bullish rallies. дальше »
2018-8-25 00:42 | |
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A Quick Gasprice Market Analysis
Here is a file that contains data, extracted from geth, about transaction fees in every block between 4710000 and 4730000. For each block, it contains an object of the form: { "block":4710000, "coinbase":"0x829bd824b016326a401d083b33d092293333a830", "deciles":[40,40. дальше »
2018-7-21 23:03 | |
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