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Here’s Why Traders Think Bitcoin is on the Cusp of Printing a $1,000 Candle

Bitcoin has continued ranging sideways within the upper-$9,000 region following a series of rejections at $10,000 The ongoing bout of sideways trading may mark buyers’ attempt to generate increased trading activity from bulls Analysts are noting that Bitcoin is nearing the apex of a large ascending triangle The resolution of this pattern could be the impetus for BTC to print a $1,000 candle Bitcoin has struggled to garner much momentum in recent times, with its […] дальше »

2020-5-21 02:00


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Is Bitcoin Moving in an Ascending Triangle or Wedge?

On April 2, the Bitcoin price initiated a very swift upward move, rallying from a low of $6,551 to a high of $7,194. While initially, it seemed that this movement would cause a breakout above the current pattern, the higher prices could not be sustained and BTC reached a close of $6,794, slightly below the […] The post Is Bitcoin Moving in an Ascending Triangle or Wedge? appeared first on BeInCrypto. дальше »

2020-4-3 13:45


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Bitcoin Breaks Out Above Resistance — Is $8,000 Just Around the Corner?

On April 1, the Bitcoin price initiated an upward move that caused it to break out above its descending resistance line and with it the symmetrical triangle it had been trading in since March 20. Bitcoin Price Breakout Last night, the Bitcoin price broke out from the possible symmetrical triangle it has been trading in […] The post Bitcoin Breaks Out Above Resistance — Is $8,000 Just Around the Corner? appeared first on BeInCrypto. дальше »

2020-4-2 12:53


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Tezos Could Trade Inside a Symmetrical Triangle for the Majority of 2020

The Tezos (XTZ) price has been decreasing since reaching a peak of 25,520 satoshis on Dec 17 but could see a significant turnaround in the neighborhood of 12,000 satoshis. On Jan 8, BeInCrypto published an article outlining the top-five cryptocurrency projects to keep an eye on in 2020: QNT OCEAN XTZ DAG FCT Here Are the Five […] The post Tezos Could Trade Inside a Symmetrical Triangle for the Majority of 2020 appeared first on BeInCrypto. дальше »

2020-1-10 18:07


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Diminishing Volume Indicative of the Potential for Bitcoin (BTC) to Reach a Fresh Low

With Bitcoin making new highs, bullish sentiment is rife within the space as many have once again called this the end of the corrective cycle. Volume, however, has been in decline since July 2019 and the technical structure of bitcoin looks more and more like the descending triangle that formed over the course of 2018,Read MoreRead More. дальше »

2020-1-8 12:00