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Bitcoin Technical Analysis July 2, BTC Price Up 3.5% in Last 24 Hours

Week over week, Bitcoin prices are showing signs of recovery. Though modest, it’s up two percent and finding support at the psychological $6,000 level. This price tag is important because it marks 2018 lows and should there be any break below then sellers are likely to drive prices towards $3,000 as mentioned before. Bitcoin (BTC) […] дальше »

2018-7-2 19:47


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Bitcoin Price Analysis: New Low on Low Volume Breeds Potential Bullish Set-up

Bitcoin sits precariously perched at the bottom of the annual market low and many bitcoin investors aren’t sure what to make of it. Although the market seems to be continuing its drift to new lows with greater and greater ease, there are a couple of bullish signals worth considering while the market continues to consolidate: Figure 1: BTC-USD, Daily Candles, New Market LowOn Friday, June 29, 2018, for the first time this year, the daily candles closed below the annual low of $6,000s. дальше »

2018-7-1 19:35


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Bitcoin’s Bear Market May be Brutal but It Isn’t Its Worst Crash

Bitcoin fell to $5,845 today, its lowest level against the dollar since October, and down from the December record high of more than $19,000. Regulators in the US and Japan are increasing their scrutiny on trading venues on concerns over money laundering and market manipulation (paywall). While the latest price decline isn’t yet as severe дальше »

2018-6-30 23:41


Bitcoin (BTC) Falls Back To Demand Zone, Failure To Hold Support Might Trigger Significant Sell Off

Bitcoin (BTC) is presently in a do or die situation. The price has once again plunged below $6,000 and is now trading just above the previously held $5,800 level. If the price falls below $5,800 and stays below $5,800 for the next few days, it will invalidate a bullish bias and may lead to a long term bear market. дальше »

2018-6-29 17:05