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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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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


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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


XRP Crashes 40% From September High

This year has been a strange one for XRP (and digital currency in general!), the token has seen fluctuation after fluctuation and the price has never stayed in one area for a long period of time. The token, owned and designed by Ripple, has recently seen a change in price over the past month and even a time when we thought that the bad times were essentially over but now it has crashed down by over 40% from its high in September of $0. дальше »

2018-10-11 12:30


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Markets Update: BTC Tests Major Descending Trendline

The BTC markets are testing a key resistance area, with price action appearing to be making a third point of contact with a major descending trendline dating back to December 2017. Also Read: Japan Roundup: No Excessive Crypto Regulation, Quoine Launches New Platform  BTC On Cusp of Testing Major Trendline The BTC markets appear on the […] The post Markets Update: BTC Tests Major Descending Trendline appeared first on Bitcoin News. дальше »

2018-8-27 03:45


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3 Reasons Why the Bitcoin (BTC) Rally is Here to Stay According to Brian Kelly of CNBC’s Fast Money

The total crypto market capitalization has surpassed the $300 Billion mark and is currently valued at $301. 5 Billion. With the increase in volume of the crypto markets, Bitcoin (BTC) has broken past two recently stated resistance levels of $7,600 and $8,000 in quick succession and in a period of less than a week. дальше »

2018-7-25 07:24


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Crypto Markets misses $ 24 billion in single day, returning to Pitcin for $ 6400

On Tuesday, July 10, Bitcoin along with the cryptocurrency market witnessed a major pullback on the charts with the entire market losing $24 billion in one single day. On Sunday, July 8, Bitcoin crossed $6800 point and everyone was optimistically eyeing it to break the $7000 resistance. During the early hours on Tuesday, overall market дальше »

2018-7-11 13:16


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Bitcoin will drop below $ 6400, Crypto Markets loses $ 24 billion in single day

On Tuesday, July 10, Bitcoin along with the entire cryptocurrency market witnessed a major pullback on the charts with the entire cryptocurrency market losing $24 billion in one single day. On Sunday, July 8, Bitcoin crossed past $6800 and everyone was optimistically eyeing it to break the $7000 resistance. At the press time, Bitcoin is дальше »

2018-7-11 11:16


Cardano, Ethereum Classic, NEO, IOTA and DASH Technical Analysis July 3rd

“No, Don’t Ban Cryptocurrencies. EU Monetary Regulators Advised” There is a recovery in the crypto markets and coins as Cardano, IOTA and NEO are leading the way. Others as Ethereum Classic are striding yes but are yet to hit recent resistance lines and trigger solid buys. Overly though, we remain bullish and as long as […] дальше »

2018-7-3 20:05