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The Bitcoin Dominance Rate Lessens, Alt-Season Hopes Fade

While the Bitcoin dominance rate (BTCD) has moved above an important resistance level, the altcoin dominance (ALTD) was rejected by its previous support area and has been decreasing since. While several altcoins have previously initiated strong upward moves, the majority of them have been correcting, decreasing towards and even below their pre-breakout levels. дальше »

2020-5-19 19:15

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Is Bitcoin in a Long-Term Bullish Trend?

The Bitcoin (BTC) price has created a weekly bullish engulfing candlestick and moved above a long-term descending resistance line. Weekly Bitcoin Outlook In the weekly chart, the price of Bitcoin (BTC) followed a doji from the previous week by creating a bullish engulfing candlestick. дальше »

2020-5-19 11:36

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Ethereum Reclaims $200 — Can it Hold On?

The Ethereum price has been decreasing under a descending resistance line since April 30, when it reached a high of $227. The downturn really began to accelerate on May 8. On May 10, the Ethereum price broke down from an ascending support line that it had been following since the bottom on March 10. дальше »

2020-5-14 18:10

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Binance Coin Attempts to Reclaim Its Lost Support

The Binance Coin (BNB) price has been decreasing at an accelerated rate since May 5. This decrease has caused the price to break down from the support line of its long-term range. While a decrease from such a long-term support level often indicates that the price will continue going down, BNB has been showing signs […] The post Binance Coin Attempts to Reclaim Its Lost Support appeared first on BeInCrypto. дальше »

2020-5-13 23:15

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Outlining a Bullish Wave Count for Bitcoin

The Bitcoin price has reached a descending resistance line that has been in place for more than two years. A breakout above this line would have major bullish implications for the future price. Well-known trader @crypto_rand outlined a BTC chart that shows a possible bullish pennant, which he believes could cause a breakout, giving a […] The post Outlining a Bullish Wave Count for Bitcoin appeared first on BeInCrypto. дальше »

2020-5-6 23:20

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Comparing Bitcoin’s Price Movement to the October 2019 ‘Xi Pump’

Throughout April 29 and 30, the Bitcoin (BTC) price increased by about 25 percent. The upward move has some similarities with a move which occurred on October 2019. This similarity was outlined by well-known trader @CryptoCapo_, who tweeted a Bitcoin chart while comparing the recent price movement to that on October 2019 — otherwise known […] The post Comparing Bitcoin’s Price Movement to the October 2019 ‘Xi Pump’ appeared first on BeInCrypto. дальше »

2020-5-6 15:46

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Bitcoin’s 2015 Fractal Indicates Price Will Continue to Increase

The Bitcoin (BTC) price is possibly following a fractal that begins in October 2015. If it continues doing so, it will reach a high of $10,000 by May 7, at the latest. The fractal was identified by cryptocurrency trader @Yodaskkk, who tweeted two pictures while comparing the recent Bitcoin movement to that in August 2015, […] The post Bitcoin’s 2015 Fractal Indicates Price Will Continue to Increase appeared first on BeInCrypto. дальше »

2020-5-2 20:12

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The Bitcoin Dominance Rate Could Soon Confirm Its Trend

The Bitcoin dominance rate has been increasing since Feb. 15. Since then, it has been trading inside a neutral area between two trading ranges, with its future direction being still unclear. Well-known cryptocurrency trader @Altcoinsherpa posted a long thread about the Bitcoin dominance rate (BTCD), eventually coming to the conclusion that June would be a […] The post The Bitcoin Dominance Rate Could Soon Confirm Its Trend appeared first on BeInCrypto. дальше »

2020-4-30 02:15

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Bitcoin’s Breakout: New Upward Move or Retracement?

On April 29, the Bitcoin (BTC) price broke out from a short-term ascending channel that had been in place for the past five days. The price reached a high of $7966 before decreasing slightly. Bitcoin’s Breakout After five unsuccessful attempts at moving above the resistance line, the Bitcoin price finally managed to move above it […] The post Bitcoin’s Breakout: New Upward Move or Retracement? appeared first on BeInCrypto. дальше »

2020-4-29 14:58