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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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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


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$6 Billion in Fiat is Sitting in Crypto: $10,000 Bitcoin is Possible Without New Money

It isn’t a secret that millions, if not billions of dollars fled the crypto asset markets in 2018. Blockchain projects liquidated hundreds of millions worth of Ethereum (ETH) from the initial coin offerings, while common Joes and Jills, many of who caught FOMO in late-2018, liquidated their Bitcoin (BTC) holdings in search for greener pastures. дальше »

2019-2-19 15:01


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Bitcoin Price Analysis: After Sudden Upswing, Bitcoin Price Drifts Downward

Last week, we saw a violent move to the upside as bitcoin rallied 11% over the course of one day. Since peaking in the upper $3,600s, bitcoin has seen close to zero bullish follow-through, and the price has begun to drift downward over the course of the last week:Figure 1: BTC-USD, Hourly Candles, Downward DriftDownward-drifting markets like this can often be a sign that distribution is taking place. дальше »

2019-2-15 00:21


Bitcoin’s Benefits Rise to the Top Against Not Only Inflation, but a Cashless Society Proposition Too

Bitcoin (BTC) continues to be in a bear market but it does not mean that its fundamentals are also weakening. Indeed, Bitcoin’s features besides its price continue to expand as time passes. Bitcoin can be used as a hedge against inflation in many countries such as Venezuela, additionally, it is also possible to think of […] дальше »

2019-2-13 20:00


Chinese Bitcoin Bull Says this Bear Market is the Best Time to Buy Bitcoin, Likely to Reach $50,000 by 2021

Although the Bitcoin (BTC) and cryptocurrency market is not in its best state and many people are staying away from it, experts say this is the best time to invest in the market. A Bitcoin bull and Chinese Bitcoin billionaire Zhao Dong has reaffirmed this by saying investors should buy Bitcoin now that the price […] The post Chinese Bitcoin Bull Says this Bear Market is the Best Time to Buy Bitcoin, Likely to Reach $50,000 by 2021 appeared first on ZyCrypto. дальше »

2019-2-13 10:25


Wells Fargo Outage Makes the Case for Bitcoin (BTC) and Crypto

The Wells Fargo outage is spilling over into its second day as more and more customers of the bank’s electronic services have little to no access to them. Many customers of the American bank who rely on convenient services such as online and mobile banking, direct deposits from wages and basic ATM services, have had […] The post Wells Fargo Outage Makes the Case for Bitcoin (BTC) and Crypto appeared first on Ethereum World News. дальше »

2019-2-8 21:20


Twitter CEO Loves Lightning on Bitcoin: is it the Future of Fast, Instant Payments?

On Tuesday, Jack Dorsey, one of the most well-known characters in Silicon Valley, just exposed his four million followers to Bitcoin (BTC) in a surprising turn of events. To the surprise of many, Dorsey, the incumbent chief executive of both Twitter and crypto-friendly Square, two technology upstarts valued at $54 billion collectively, publicly accepted a. дальше »

2019-2-6 16:02


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Crypto Investor Urges Consumers to Accumulate Bitcoin Before Halving, Rally Expected?

Bitcoin (BTC) and other crypto assets may be nearing their one-year lows, but copious amounts of optimism still exist in the minds of believers the world over. Case in point, while many analysts are unfaltering in their belief that lower lows are inbound, with even one short-term sardonic commentator calling for a $1,700 BTC, hope. дальше »

2019-2-5 18:04