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Bitcoin Price Analysis: Bullish Setups Could Break Current Market Structure

The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However, it is nicely consolidating on lower time frames and hints toward the possibility of another leg up:Figure 1: BTC-USD, Hourly Candles, Consolidating PennantThe pattern shown in Figure 1 outlines a potential continuation pattern called a “bullish pennant. дальше »

2019-2-23 02:23


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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


WAVES Price Analysis: Corrections following a strong Q4 2018

Following a period of strong price performance from late November to mid-December, the price of WAVES has steadily declined as sentiment has corrected in 2019. While the direction of the token's next short term movement is unclear, medium-to-long term prospects are buffered by recent network updates which have significantly upgraded token issuance and smart contract possibilities on the network. дальше »

2019-2-14 15:00


Why Bitcoin’s Forecast is Finally Turning Bullish, Expect a Bitcoin Price Rise

The price of bitcoin is still hovering below the $3,500 mark and volatility seems to be dying fast. Is it strange, then, that SFOX‘ report (a cryptocurrency prime dealer for large-scale investors) places the Crypto market at ‘mildly bullish’ entering February? This is a couple of notches up from its ‘mildly bearish’ tag last month. дальше »

2019-2-9 14:38


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Litecoin Price Pumps 10% After Mimblewimble Privacy Announcement

Litecoin has jumped in price by almost 11 percent in 24 hours following an announcement the altcoin could soon offer increased privacy. Mimblewimble Coming To Litecoin Data from Coinmarketcap confirms the apparent highly bullish effect of the news on LTC , which at press time was circling $37, its best performance since January 10. дальше »

2019-2-8 13:00


Ripple’s XRP Skyrockets Following Swift’s Collaboration with R3

XRP has continued to show itself less likely to evacuate the second spot with its most recent performance. The token has just seen an impressive increase in both its trading volume, market capitalization and trading price all in a time frame of fewer than five hours and this can be credited to Swift’s most recent […] The post Ripple’s XRP Skyrockets Following Swift’s Collaboration with R3 appeared first on ZyCrypto. дальше »

2019-1-30 20:46


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Bitcoin Price Analysis: Major Support Broken on Expanding Volume and Spread

After weeks of consolidation, bitcoin finally broke through support. The market now finds itself cruising toward prior lows. On expanding volume and spread, the bitcoin market appears ripe for a continuation of the downtrend:Figure 1: BTC-USD, Daily Candles, Broken SupportAlthough the current daily candle has yet to close, unless there is a strong influx of demand hitting the market, it stands to reason that bitcoin will be closing a new daily low for the first time since mid-December. дальше »

2019-1-29 02:01


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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


Bitcoin Evangelist Charlie Shrem Predicts Crypto Market Will Surge in the New Year

2018 was not the best of year for the cryptocurrencies and the blockchain technology. In fact, it was a catastrophic year for the industry. From the dismal performance of the biggest cryptocurrency, the Bitcoin (BTC) to the rapidly tumbling price of many altcoins, the prospects of the crypto ecosystem looked bleak going into the new […] дальше »

2019-1-23 23:52


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Bitcoin Price Analysis: Bitcoin Tests Boundary Support as Demand Weakens

Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With the current market unable to close a new high, the market finds itself in a precarious position:Figure 1: BTC-USD, Daily Candles, Range Support TestThe blue support level shown above illustrates the boundary of the multi-week range bitcoin has been bound by. дальше »

2019-1-18 02:02


Ethereum [ETH] Drops Below XRP in Crypto Rankings After Bearish Price Performance

After a bullish outperformance since mid-December, Ethereum is undergoing a sharp drop today which has resulted in it dropping to the third position in the cryptocurrency rankings by market cap. It has now been overtaken by Ripple’s XRP which also overtook Ethereum during the bearish market conditions of November. дальше »

2019-1-10 17:59


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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation. дальше »

2019-1-4 02:22


Prominent Investor: 2018 Was The “Most Successful Year” For Bitcoin

Many analysts, including former Bitcoin (BTC) short seller Mark Dow, look at the price of cryptocurrencies to determine the health of their underlying fundamentals. However, a prominent cryptocurrency proponent has claimed that in spite of the market, 2018 was Bitcoin’s “most successful year” yet, specifically in terms of network performance. дальше »

2018-12-24 03:30