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Outlining Ethereum’s Future Movement as Bears Circle It
The Ethereum price has broken down from a long-term ascending support line. Unless it is successful in reclaiming it, its price movement is considered bearish, with increases only serving to validate previous support levels from which Ethereum broke down from. дальше »
2020-5-19 00:15
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
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
Will the Bitcoin Dominance Rate Increase Spell Doom for Altcoins?
The Bitcoin dominance rate (BTCD) has broken out above an important resistance area and validated it as support. As long as it is trading above it, its price movement is considered bullish. The Bitcoin dominance rate has been increasing along with Bitcoin, causing alt/btc pairs to decrease towards their all-time lows. дальше »
2020-5-16 07:15
Bitcoin Could Shortly Determine the Direction of Its Trend
The Bitcoin price has been increasing since reaching a bottom on March 13. However, it has created its first lower high on May 13, possibly signaling an upcoming trend reversal. Ascending Support Line The Bitcoin price has been increasing since it reached a bottom on March 13, following an ascending support line. дальше »
2020-5-15 22:15
Analyzing Bitcoin’s Correlation to the Oil Price
The Bitcoin price reached a bottom on March 13, while oil did so on April 22. Since then, both assets have been moving upwards at a similar pace. While we have previously looked at the correlation between Bitcoin and the S&P 500, we have not done the same for oil. дальше »
2020-5-15 20:20
Can Bitcoin Break Past $10,000 Once Again?
The Bitcoin price has broken down from an important support area and is in the process of validating it as resistance. If the price gets rejected, it could signal the beginning of a corrective period. дальше »
2020-5-15 12:15
Has Bitcoin Reached a Local Top?
The Bitcoin price reached a high of $9,939 on May 14. According to the Elliott wave theory, it is possible that this was the local top and a corrective period will soon begin. May 14 has been a very volatile day for the Bitcoin price. дальше »
2020-5-15 06:15
These 2 Altcoins Have Fallen to Their Long-Term Range Lows
During the ongoing Bitcoin (BTC) rapid increase, many ALT/BTC pairs have fallen near their all-time lows. In this article, we will take a look at two of them, which have been showing some signs of a reversal. дальше »
2020-5-15 02:15
Will MATIC Match DigiByte’s 350% Gains?
The Digibyte price began an upward move on March 25 and has increased by 350% since. While most other altcoins have not posted comparable increases, several have created setups that could allow for the initiation of a similar move. дальше »
2020-5-15 22:10
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
Bitcoin Finally Breaks Out Above This Important Moving Average
On May 13, the Bitcoin price was finally successful in moving above the $9,150 area that had been providing resistance since the drop on May 10. The Bitcoin price had been increasing since March 11 and moved above the aforementioned MA on its third try. дальше »
2020-5-14 14:10
This 2014 Bitcoin Fractal Could Predict the Upcoming Correction
On May 7, the Bitcoin price reached a high of $10,067 and initiated a sharp decrease. The price movement around this decrease is very similar to that in January 2014. After reaching a low of $8,117 on May 10, the Bitcoin price began an upward move that is still ongoing. дальше »
2020-5-14 02:20
Will Bitcoin Move Above $9,000 Once More?
On May 11, Bitcoin’s attempt at moving higher was rejected by the $9,150 resistance level. However, the price has reversed its trend once more and is in the process of making another attempt at breaking this resistance area. дальше »
2020-5-13 14:10
Will LINK Be Able to Approach Its All-Time High?
On March 4, the Chainlink (LINK) price reached an all-time high of $4. 97. However, the price has been decreasing since. The decrease was very swift, and the price reached a low of $1. 36 the next week. дальше »
2020-5-13 03:20
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
Bitcoin Dominance Breaks Upward Despite a Range-Bound BTC Price
On May 6, the Bitcoin dominance rate increase above the 68% area for the first time since Jan 14. The flip of such an important level is a bullish sign that suggests that the price will be positively influenced by this. дальше »
2020-5-13 19:10
Bitcoin’s Upward Halving Move Fails at $9,200
On May 12, the Bitcoin price mostly consolidated between $8200-$9200. The price made an attempt at moving above $9200 but was swiftly rejected and dropped sharply — reaching a low of $8200 before bouncing upward. дальше »
2020-5-13 15:14
Bitcoin’s Third Halving Complete — What Comes Next?
With Bitcoin’s third halving officially in the books, the price movement has been extremely volatile. BTC dropped from a local high of $10,067 on May 9, to a low of $8,117 the day after. Bitcoin halvings are naturally a bullish event since the supply of total Bitcoin’s is reduced. дальше »
2020-5-12 07:21
After the Sharp Drop, Ethereum Is Due for a Retracement
On May 10, the Ethereum price broke down from an ascending support line that had been in place for 58 days. However, it has been showing short-term signs of a reversal. The breakdown transpired after a rapid drop that began on May 10 and caused the price to decrease by 14% in a single day. дальше »
2020-5-11 23:15
Bitcoin’s February Fractal Indicates More Punches to Come
On May 9, the Bitcoin price initiated a rapid decrease that caused it to drop by more than $1,500 in less than one hour. The movement shares similarities with a drop that occurred in February 2020 which eventually led to the $3,752 bottom on March 13. дальше »
2020-5-11 15:05
What Bitcoin’s Latest Dip Tells us about Future Prices
The Bitcoin price moved considerably during the week of May 3-10. The price started the week near $8,900 and reached a high of $10,067, only to decrease all the way back to $8,113 briefly. However, the price rebounded and reached a close of $8,832, only slightly lower than the opening price. дальше »
2020-5-11 11:15
What to Make of Bitcoin’s Sharp Drop Below $9,000
In the early hours of May 10, the Bitcoin price initiated a very rapid decrease that caused the price to go from $9,574 to $8,117 in a span of less than one hour. While the price bounced upward afterward, it has failed to even reach $9,000. дальше »
2020-5-11 17:20
Has Bitcoin Begun a Bullish Trend or Is It Still Correcting?
The Bitcoin price might have broken out above a long-term resistance line, initiating a new bullish trend. The price movement for the next 2-3 days will be crucial in determining if the breakout is legitimate. дальше »
2020-5-9 08:15
Cardano’s Bullish Trend Is Still Intact Despite the Recent Decrease
The ADA price has fared much better than other major cryptocurrencies since the March 13 crash. This is especially evident when looking at the ADA/BTC pair, which has been on an upward trend since the aforementioned crash. дальше »
2020-5-9 02:15
Ethereum Diverges From Bitcoin While Showing Weakness
The Ethereum (ETH) price has been increasing along with Bitcoin (BTC) since March 13. Both prices reached a high on April 30. However, while Bitcoin has proceeded to move well above that high, the Ethereum price has created a lower high instead. дальше »
2020-5-9 22:59
Will Bitcoin Cash Soon Reach a New All-Time Low?
During the recent Bitcoin (BTC) increase, the Bitcoin Cash (BCH) price has lagged behind considerably. This divide is best illustrated when looking at the BCH/BTC pair, which is rapidly approaching all-time lows. дальше »
2020-5-9 18:10
Bitcoin Briefly Moves Above $10,000 – What’s Next?
On May 7, the Bitcoin price created a bullish engulfing candlestick, increasing by more than $1,000 throughout the day. This caused the price to move above a descending resistance line that had been in place since December 2017. дальше »
2020-5-8 12:20
Can Bitcoin Break Out Above this Long-Term Resistance Line?
The Bitcoin price has reached an important resistance line which has been in place since the price reached an all-time high in December 2017. Well-known trader @PostyXBT tweeted a Bitcoin price chart that shows that the price is trading at a very critical resistance level. дальше »
2020-5-7 20:18
Bitcoin Dominance Rate Reaches Critical Double-Top
The Bitcoin dominance rate (BTCD) has been increasing rapidly since April 29. The rate has reached an important resistance level, a breakout above which would act as confirmation that the trend is truly bullish. дальше »
2020-5-7 16:10
Bitcoin Makes Another Attempt at Moving Above $9,300
The Bitcoin price has broken out from a short-term descending resistance line but still has yet to move above its April 30 high. On May 6, the Bitcoin price broke out from a short-term descending resistance line. дальше »
2020-5-7 12:05
This 2019 Bitcoin Fractal Predicts a Further 50% Price Increase
On April 30, the Bitcoin (BTC) price reached a high of $9,460. The price has not crossed higher since. but the movement preceding the high shares several similarities with the price action in May 2019. дальше »
2020-5-7 21:20
Will Bitcoin Begin Yet Another Upward Move?
The Bitcoin price is currently trading at the resistance line of either a symmetrical or descending triangle. The next few hours will be crucial in determining the correct pattern. The Bitcoin price is trading just below a major resistance area found at $9,150. дальше »
2020-5-6 13:10
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
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
Is Bitcoin Trading Inside a Bullish Or Bearish Triangle?
The Bitcoin price is currently trading at the resistance line of either a descending or symmetrical triangle. The next low will help determine the correct pattern. This resistance, found at $9,150, is both a previous support level turned to resistance and an important Fibonacci level. дальше »
2020-5-5 11:10
Has Bitcoin Been Following a Wyckoff Distribution Pattern?
On April 30, the Bitcoin (BTC) price reached a high of $9485 and dropped shortly after. The movement since shares some resemblance to a bearish Wyckoff distribution pattern — out of which a breakdown is expected. дальше »
2020-5-4 17:03
Bitcoin Fails to Sustain Prices Above $9,000
During the week of April 27-May 4, the Bitcoin price increased considerably and created a bullish engulfing candlestick. While the price began the week at $7,700, it reached a high of $9,640 before decreasing back below $9,000. дальше »
2020-5-4 13:10
Outlining Every Possibility for Bitcoin’s Correction (Part 2)
The Bitcoin price has reached a major resistance trend line, one that has been in place since BTC reached an all-time high price in December 2017. The reaction to this line will determine whether the Bitcoin price has completed its correction and has begun a new upward move, or if another corrective wave will follow. дальше »
2020-5-3 20:14
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
Cardano (ADA) Moves Above Range High — Do Further Gains Await?
The Cardano (ADA) price has been increasing at an accelerated rate since April 16, at one point having moved upwards by 85% in its USD pair and 35% in BTC value. However, ADA/BTC reached a high on April 28 and has been decreasing since. дальше »
2020-5-2 16:14
Will Bitcoin Break out Above Its Long-Term Downward Trend Line?
On April 30, the Bitcoin (BTC) price created a bearish candlestick with a very long upper wick that closely resembles a shooting star. This is considered a bearish reversal pattern. The candle was created with more volume than the preceding bullish engulfing one. дальше »
2020-5-1 12:06
Analyzing Bitcoin’s Bullish Engulfing Candlestick
On April 29, the Bitcoin price created a massive bullish engulfing candlestick, increasing by more than $1,000 in a single day. The price reached a high of $9,455 before decreasing below $9,000 a few hours later. дальше »
2020-4-30 16:10
How Long Will Bitcoin’s Rapid Ascent Continue?
On April 29, Bitcoin (BTC) created a massive bullish engulfing candlestick — which, at its close, had a body of slightly more than $1000. This caused the price to break out above several resistance levels. дальше »
2020-4-30 12:14
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
Bitcoin SV (BSV) Has Broken Through $200: What’s Next?
On April 25, the Bitcoin SV (BSV) price broke out from a long-term descending resistance line. This is a bullish sign that suggests the price has begun a new upward trend. The Bitcoin Cash fork has only increased incrementally since then. дальше »
2020-4-30 22:07
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
Will Ethereum Be Successful in Topping $200?
The Ethereum price has been increasing since reaching a low of $89. 80 on March 13. On April 25, the price moved above the midpoint of the entire trading range since Feb 15. The upward after the March 13 bottom has taken the form of an ascending wedge. дальше »
2020-4-28 16:10
Bitcoin Persists in Battle to Reclaim Crucial $8,000 Resistance Level
The Bitcoin price is trading inside both a long and short-term ascending channel. The price is approaching a confluence of resistance levels found near $8,000. A definitive breakout above this level could indicate that the price has begun a new upward trend. дальше »
2020-4-28 12:03
Will Bitcoin’s April 2019 Fractal Take It to $16,000?
Throughout April and May 2019, the Bitcoin (BTC) price has traded inside an ascending wedge. Even though this is considered a bearish reversal pattern, the price broke out and increased by more than 100 percent afterward. дальше »