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Bitcoin Price Analysis: Keep an Eye Out for a Close Above the Current High

Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support. дальше »

2019-3-1 03:44


Bitcoin (BTC) Daily Price Forecast – February 28

Price of Bitcoin is ranging above the $3,900 price level. If the bulls fail to break above the EMAs, the crypto will continue its range bound movement. BTC/USD Medium-term Trend: Ranging Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,800, $3,700, $3, 600 Yesterday, February 27, the price of Bitcoin was in a sideways trend. Price […] дальше »

2019-2-28 09:18


Analyst: Bitcoin (BTC) Likely to Drop Towards $3,200 Unless it Finds Continued Bullish Momentum

Following the market’s recent volatility, Bitcoin has firmly established $3,800 as a level of support and has been able to continue holding steady above this price point. Analysts are now pointing out that BTC is currently holding above key moving average support levels, which could be a positive sign for the cryptocurrency’s price. дальше »

2019-2-27 23:00


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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above. дальше »

2019-2-26 02:42


Bitcoin (BTC) Establishes Fresh Support and Resistance Levels Following Weekend Volatility

Bitcoin has started Monday off trading up slightly after experiencing increased levels of volatility over this past weekend. BTC has so far respected $3,800 as a level of support, but also faces strong resistance around $4,200, which is the price point at which the cryptocurrency’s price dropped after touching. дальше »

2019-2-25 23:00


Количество шортов по биткоину опустилось до мартовских значений 2018 года

На фоне резкого снижения цены биткоина количество коротких позиций на бирже Bitfinex в паре BTC/USD снизилось до мартовских отметок. Chart Watch: #btcusd shorts on Bitfinex fell to lowest level since March 2018. дальше »

2019-2-25 13:25


Число коротких позиций по биткоину упало до значений марта прошлого года

На фоне резкого снижения цены биткоина количество коротких позиций на бирже Bitfinex в паре BTC/USD снизилось до мартовских отметок. Chart Watch: #btcusd shorts on Bitfinex fell to lowest level since March 2018. дальше »

2019-2-25 12:33


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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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Analyst Claims Bitcoin Must Break Above $4,000 Or BTC Will Face Strong Rejection

Bitcoin is once again beginning to creep towards its strong resistance level at $4,000 following a relatively involatile trading session over the past couple of days. Although BTC has seen some incredibly bullish momentum over the past few weeks and has firmly established the low-$3,000 region as a strong level of support, its upwards ascent. дальше »

2019-2-23 01:00


Bitcoin Price Watch: BTC Value Analysis Shows Newfound Confidence at Current Trading Levels

The past week has been great for Bitcoin and the whole crypto market overall. After hovering in the $3,600 level for a month, the market finally saw some positive momentum last weekend. Since then, Bitcoin’s price gained over 10% and was able to find new support. At the time of writing, Bitcoin is trading at […] дальше »

2019-2-22 23:10


Bitcoin (BTC) Daily Price Forecast – February 22

The BTC price is facing resistance at the $4,200 price level. The BTC price recovers from its range bound movement above the $3,900 price level. BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,900, $3,800, $3, 700 Yesterday, February 21, the BTC price was in a bearish trend. The BTC price reached […] дальше »

2019-2-22 09:38


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Blockchain Capital Partner: Now is a Very Good Time to Buy Bitcoin (BTC) Despite Bear Market

Over the past couple of weeks Bitcoin (BTC) has seen relatively positive trading action, surging from monthly lows of under $3,400 to highs of $4,000, from which it has only dropped slightly. Importantly, $4,000 has proven to be a strong level of resistance for Bitcoin, and analysts have mixed opinions on where the cryptocurrency is. дальше »

2019-2-22 03:00


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Analyst: Buying Next Bitcoin (BTC) Pullback Could Lead to 30% Gains

Following its recent surge, Bitcoin has now found itself caught under $4,000, despite finding stability in the $3,900 region. Analysts are now claiming that BTC’s trading volume will likely be the best indicator as to if the cryptocurrency has enough buying pressure to propel its price above the important psychological price level of $4,000. дальше »

2019-2-22 01:00


Bitcoin (BTC) Daily Price Forecast – February 21

The price of Bitcoin reached above the $4,000 mark and fluctuates above it. The crypto’s price is expected to reach the highs of $4,500 and $5,000 but may face resistance at the $4,200 price level. BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,900, $3,800, $3, 700 Yesterday, February 20, the BTC […] дальше »

2019-2-21 08:28


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Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test

Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:Figure 1: BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months. дальше »

2019-2-20 01:38


Bitcoin (BTC) Daily Price Forecast – February 19

The BTC price has risen and closed to the $4,000 price level. Technically, the upward price movement may have been interrupted as the price is range bound. BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,700, $3,600, $3, 500 Yesterday, February 18, the BTC price was in a bullish trend. The BTC […] дальше »

2019-2-19 09:07