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Crypto Markets Trade Down as Bitcoin (BTC) Short Positions Plunge

Since the crypto markets witnessed a large price swing last Friday, they have been gradually drifting downwards, with Bitcoin (BTC) expressing some levels of stability in the low-$3,600 region. This stability may not last long however, as BTC short positions are rapidly dropping while long positions climb, which may signal that bulls are getting overly. дальше »

2019-2-15 03:00


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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


Ethereum Price Analysis: ETH Surges By 25% as It Reclaims the Number 2 Ranking — Can the Bulls Now Break Above $127?

Support for ETH moving forward: $120, $115.15, $110.46, $102.55, $100. Resistance for ETH moving forward: $124.91, $127.36, $130.90, $134.05,… The post Ethereum Price Analysis: ETH Surges By 25% as It Reclaims the Number 2 Ranking — Can the Bulls Now Break Above $127? appeared first on Invest In Blockchain. дальше »

2019-2-12 13:04


Bitcoin Price Analysis: BTC Surges to $3,802, Creating Fresh February Highs — Can the Bulls Maintain the Momentum?

Support for BTC moving forward: $3,664, $3,590, $3,569, $3,508, $3,467, $3,421, $3,350. Resistance for BTC moving forward: $3,570, $3,802,… The post Bitcoin Price Analysis: BTC Surges to $3,802, Creating Fresh February Highs — Can the Bulls Maintain the Momentum? appeared first on Invest In Blockchain. дальше »

2019-2-11 11:33