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Analyzing bitcoin’s break above $4200, is it a trap?

The break of the $4,200 resistance level represented a pivot point for bitcoin. Many respected analysts believe the bottom is in for BTC, while a few others predict it could sustain more losses. Whether the former or the latter is right, it’s noticeable that optimism is growing among investors as the market continues to surge—the […] The post Analyzing bitcoin’s break above $4200, is it a trap? appeared first on CryptoSlate. дальше »

2019-4-23 03:09


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Is Bitcoin Price Action Repeating Itself? Real or Fakeout?

For the last 14 months, the crypto market has been getting decimated with little signs positivity. However, that vibe has recently changed, the question is, will it continue on its current uptrend or is this just a momentary bull trap that’s attempting to suck investors in? What the market feels like right now is very […] The post Is Bitcoin Price Action Repeating Itself? Real or Fakeout? appeared first on NullTX. дальше »

2019-4-19 23:55


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Bitcoin Price Analysis: Bears Look to Trap Bulls Into Weekly Close

As the Bitcoin price weekly candle draws towards a close for the week we take a look at what the performance over the week looks like going into the final week of March. Bitcoin price: 4-HOUR CHART Looking at the4-hour chart, we can see that the bitcoin price has spent the last few days oscillating around the weekly opening price of $3965, with the bears continually attacking this level. дальше »

2019-3-24 22:30


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Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume. дальше »

2019-3-19 01:17


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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


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Cryptocurrency Markets Bleeding – Double Digits Losses Across the Board

The grinch is in town. What started off as a bullish Christmas eve has turned into quite a bearish Christmas day. What we just experienced is a textbook bull trap. Let’s talk about it. They say a picture is worth a thousand words, that’s why one look at Bitgur’s cryptocurrency heat map is all you […] The post Cryptocurrency Markets Bleeding – Double Digits Losses Across the Board appeared first on NullTX. дальше »

2018-12-25 13:13


Bitcoin (BTC) recovery a forlorn hope, we are set to go another leg down

Overwhelming majority of traders on Tradingview and Twitter are seeing this greenery of today as a bull trap and are short on bitcoin, in the near term. If BTC manages to stay above $4255-4260 we can then retest the $4600-$4800 levels, otherwise we fall down and anything below $4100 will probably send BTC to the […] The post Bitcoin (BTC) recovery a forlorn hope, we are set to go another leg down appeared first on CaptainAltcoin. дальше »

2018-11-29 03:19


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Litecoin [LTC] Price Analysis – Identifying the Most Likely Reversal Area, Possible Bear Trap?

Litecoin was not spared during Wednesday’s sharp drop. Its price fell 14%, from 51 to 44$. Below we are going to offer an analysis of what might happen in the following months. A look at the weekly chart shows us that the price has been facing resistance from the 9-day SMA (Simple Moving Average) since […] Litecoin [LTC] Price Analysis – Identifying the Most Likely Reversal Area, Possible Bear Trap? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-11-16 13:54


The Security Token Offering (STO) – It’s a Trap!

The security token offering, or STO as it is better known, has become more commonplace in today’s crypto fundraising market. As we all know, the initial coin offering (ICO) spawned a generation of technology enthusiasts that were looking to launch their currency in the open market, and in doing so, offer them at a cheaper […] The post The Security Token Offering (STO) – It’s a Trap! appeared first on CryptoSlate. дальше »

2018-9-5 22:00


Bitcoin [BTC] Price Records Gains After Last Week’s Bloodbath- Bull Trap?

Bitcoin is back trading above the $7000 mark today after a week of steep losses. $6850 has effectively acted as support, but with today’s rise being on low volume, the big question is whether this rise will be short-lived or whether it could be the start of the bull market for which traders and investors have […] Bitcoin [BTC] Price Records Gains After Last Week’s Bloodbath- Bull Trap? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-8-7 16:18


2M pass Token Air Trap for Likkey Blockpass Taps Infinito, Hitbtc, gmarkin Listings

In the lead-up to PASS token’s listings on Lykke, HitBTC and Gatecoin exchanges, Blockpass (http://www.blockpass.org) is conducting an airdrop of 2 million PASS tokens, starting 12 July. The airdrop is being implemented through Blockpass’ joint venture partner Infinito Wallet – a versatile, top level multi-currency wallet. Infinito will have an airdrop link on the wallet дальше »

2018-7-11 14:36