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Bearish or Bullish? Bitcoin Traders Argue Over Death Cross Outcome

On Saturday, cryptocurrency analysts and traders have been discussing bitcoin’s recent chart patterns and the infamous death cross pattern has been a topical conversation. A number of traders believe when bitcoin’s short-term moving average (MA) dips below the long-term MA, the crypto asset could be bracing for a major sell-off. Meanwhile, others are sure the […] дальше »

2021-6-21 18:00


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This Alarming Pattern Suggests Bitcoin Could Soon Crater Lower

As Bitcoin continues its range-bound trading phase, traders are placing their bets on which direction it will trend next This consolidation has caused the cryptocurrency’s volatility to plunge to lows not seen in over a year It is unlikely that this trend will last for too much longer, as extended bouts of sideways trading are typically followed by massive movements One technical pattern that is strikingly similar to that seen in 2019 is now suggesting […] дальше »

2020-7-4 02:00


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Here’s Why Traders Think Bitcoin is on the Cusp of Printing a $1,000 Candle

Bitcoin has continued ranging sideways within the upper-$9,000 region following a series of rejections at $10,000 The ongoing bout of sideways trading may mark buyers’ attempt to generate increased trading activity from bulls Analysts are noting that Bitcoin is nearing the apex of a large ascending triangle The resolution of this pattern could be the impetus for BTC to print a $1,000 candle Bitcoin has struggled to garner much momentum in recent times, with its […] дальше »

2020-5-21 02:00


Bitcoin’s possible fakeout that might have gone unnoticed may come back to haunt

Bitcoin, as everybody is witnessing, is stuck in a pattern for over 3 months now, especially since it hit a peak of $13,800 on June 26. This traversing of price in the pattern has been a godsend for traders who know what they are doing; it was a good time to make some profits; it […] The post Bitcoin’s possible fakeout that might have gone unnoticed may come back to haunt appeared first on AMBCrypto. дальше »

2019-9-9 18:00


Despite Recent Pullback, Traders still Expect Bitcoin To Hit $16K Before The End Of July

On July 10, 2019, TradingShot, stocks and crypto trading platform via a chart analysis on TradingView explained how bitcoin will surge to $16,000 this month. The prediction is based on the fact that since late April, bitcoin’s price has maintained the same pattern with three phases which has gotten it to where it is today. дальше »

2019-7-15 19:08


Bitcoin Price Rangebound But a Upside Move is On Its Way: Analysts

Bitcoin (BTC) has not experienced any substantial market movement since June 4. The world’s leading cryptocurrency has been fluctuating between $7,440 and $8,100 from the last seven days. The move has established a strict $600-wide sideways pattern, which is offering day traders plenty of opportunities to enter and exit the market on smaller profits. дальше »

2019-6-11 21:10