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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


Ethereum Price Prediction: ETH Breaks Out Above the Daily Ichimoku Cloud, Will It Move Past the 21-week MA?

Long-Term Outlook A look at the Weekly chart for ETH/USD in logarithmic form shows that price has bounced back after finding support in the minor support area near $80. The price is currently slightly below the minor resistance area at $160 and facing very close resistance from the 50-period MA. дальше »

2019-2-20 12:09


Liberals Love Immigration Unless Google or Amazon Wants to Move to Their Neighborhood

Why does the media keep reporting on Amazon, Google, and other tech giants building new offices and data centers as if their desire to expand is an affront to basic human decency? This article by Elizabeth Dwoskin at the Washington Post covers Google’s expansion into a new data center near Dallas, TX as if the author was a muckraker uncovering a dirty secret. дальше »

2019-2-18 00:30


Bitcoin Price Weekly Analysis: BTC Signaling Bullish Continuation, $4K Incoming?

Bitcoin price started a downside correction after a sharp move towards $3,750 against the US Dollar. The price corrected lower and tested the $3,540-3,530 support area, where buyers emerged. Later, there was a break above a key bullish flag with resistance near $3,570 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). дальше »

2019-2-17 09:00


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Bitcoin (BTC) Holds Steady Above $3,600, May Still Have Fuel to Move Higher in Near Future

Bitcoin (BTC) has held steady above $3,600 after yesterday’s upwards surge that sent it climbing from lows of $3,400 to highs of $3,700. Although often times these upwards price movements are typically followed by a cool-off period that results in Bitcoin surrendering a portion of its gains, BTC has held steady at its current price. дальше »

2019-2-9 22:30


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Bitcoin Price Analysis: Wait and See Where Recent Signs of Strength Lead

This week realized a big gain as bitcoin enjoyed a 25% rally from its local bottom before topping out around $4,400. Support currently appears to be established in the mid-$3,000s as the market remains indecisive over its next move:Figure 1: BTC-USD, Daily Candles, Current Support LevelFigure 1 shows the relevance of the current support level as it represents a previous support level that was never properly retested during last year’s parabolic bull market. дальше »

2018-11-30 01:45