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Bitcoin Price Analysis: Breach Below Trading Range May Spark Spring Retest
After a feeble rally on diminishing volume, bitcoin is currently in the middle of its first major pullback in about 2 weeks. Over the last week or so, bitcoin managed to break its sustained downtrend and trend back inside the macro trading range (TR) — both of which are quite bullish market characteristics. дальше »
2018-7-11 00:21 | |
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 | |
Markets Update: The Triple Bottom has been Confirmed but Where will it Lead in the Future?
The top cryptocurrency market held by bitcoin core (BTC) has touched a triple bottom at $5,832 during the early morning June 24 trading sessions. Also read: The Bitcoin-Culture Invasion: T-Shirts, Hats, Candles, Mugs, and More Triple Bottom Achieved: What’s Next for Crypto-Markets? As we mentioned above the last time prices were this low was back in дальше »
2018-6-24 21:37 | |
The Bitcoin-Culture Invasion: T-Shirts, Hats, Candles, Mugs, and More
Over the past year and a half bitcoin and cryptocurrencies have caused a serious hype that’s stretched a bit into the mainstream. These days people hear about digital currencies more often and one reason is due to all the fantastic crypto-infused products that have invaded pop culture. дальше »
2018-6-24 21:50 | |
Bitcoin Price Analysis: Shaky Support Gives Way to Massive Bear Flag Set-up
A sideways market has many bitcoin investors wondering if the downward volatility has finally subsided. As stated in our previous discussion of the bitcoin market, the $6,425 support level was a very important level to hold. дальше »
2018-6-22 00:12 | |
Bitcoin Price Analysis: Breakdown of Consolidation Tests Bullish Resolve
In the previous BTC-USD market analysis, we discussed a macro pattern forming, called a “symmetrical triangle. ” A symmetrical triangle (shown in red) is a directionally agnostic consolidation pattern. дальше »
2018-6-13 00:05 | |