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Bitcoin Price Plunges 18% in 2-Hour Crash. Are Crypto Bulls Hurting?

On June 26, the bitcoin price suddenly crashed from $13,868 to $11,350 across major crypto exchanges including Coinbase, recording an 18 percent drop against the U.S. dollar. While the factors behind the abrupt decline in the bitcoin price in the past 24 hours remain uncertain, Coinbase experienced a server outage as the dominant crypto asset […] The post Bitcoin Price Plunges 18% in 2-Hour Crash. Are Crypto Bulls Hurting? appeared first on CCN Markets дальше »

2019-6-27 11:51


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Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests

Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support:Figure 1: BTC-USD, 2-Hour Candles, Low TF SupportThe zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half. дальше »

2019-3-13 22:26


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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