2020-10-31 21:50 |
Bitcoin’s consolidation near a key overhead resistance is a sign of strength but the technical structure of most altcoins has weakened.
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Bitcoin and the aggregated crypto market have been struggling to gain any significant momentum BTC has pushed off of its recent lows, however, it remains in a somewhat precarious position as its price continues trading sideways Where it trends next will likely depend largely on the stock market, which has had intense influence over its price action Still, its independent strength remains, as most on-chain indicators are flashing bullish signs One analyst is now noting […]
2020-10-18 19:00 | |
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Bitcoin has seen some intense strength throughout the past several days, with the cryptocurrency marching from lows of $9,900 to highs of over $11,000 that were set today. This strength is somewhat unique in that BTC is the only major cryptocurrency currently marching higher, as most others are stuck within consolidation phases or downtrends. Ethereum, […]
2020-9-17 05:00 | |
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On September 4, the IOST (IOST) price purportedly broke down from a long-term ascending support line. However, reclaiming the same support line shortly after that was a definitive sign of strength, indicating that the price is likely to move upwards.
2020-9-15 21:30 | |
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It is growing increasingly clear as to just how important $10,000 is for Bitcoin’s macro price action, as this level has been ardently defended by bulls on multiple occasions BTC has been trading around the level for the past several days, with each dip below it proving to be highly short-lived Bulls’ slight displays of strength whenever the crypto dips below this level are a positive sign for its near-term outlook One analyst is now […]
2020-9-9 21:00 | |
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Bitcoin is flashing some signs of short-term strength as it rebounds from its daily lows This rebound, although strong, has not been enough to send it past any crucial support levels as of yet It also led BTC to see a strong rejection at just below $11,600, which is a sign of weakness behind this movement This rally came about as macro assets responded bullishly to the Fed Chairman’s speech regarding the Fed adopting a […]
2020-8-28 02:00 | |
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Ethereum and Bitcoin have both posted notable rebounds after facing some intense weakness throughout the early morning hours ETH was able to rally from lows of $380 to highs of well over $390, while Bitcoin pushed back above $11,500 after dipping to $11,200 This strength is an incredibly positive sign for the market, as it shows that buyers still have underlying strength Despite this strength, analysts are still short on Ethereum, with one trader noting […]
2020-8-28 23:00 | |
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XRP has been hovering around the $0. 30 region for the past couple of days, with its price breaking back above this level after an extended bout of trading beneath it. The cryptocurrency’s price action in recent weeks has been somewhat mixed, with its rally from the lower-$0.
2020-8-16 04:00 | |
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Bitcoin’s on-chain activity has been on the rise throughout the past few months, marking a massive surge from where it was this time last year. This is a sign of intense fundamental strength, as it shows that more entities and individuals are interacting with the BTC network at a greater rate than seen during last […]
2020-8-8 05:00 | |
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Bitcoin and the aggregated cryptocurrency market are continuing to flash some signs of strength BTC is now pushing up towards $9,600, with its slow grind higher allowing it to surmount the slight resistance it faced around this price region This recent price action does appear to confirm the existence of a bullish accumulation pattern, which is a positive sign for its outlook One analyst is explaining that the crypto could still decline towards $7,000 despite […]
2020-7-26 19:00 | |
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Ethereum’s price action over the past several weeks has proven to be highly disappointing for investors, as it has been underperforming both Bitcoin and many of its other peers despite it seeing unprecedented fundamental strength.
2020-7-4 17:00 | |
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During the week of June 22-29, the Bitcoin price created a small bearish candlestick with wicks on both sides, slightly longer on the upper. This makes for the third bearish candlestick since the price was rejected by $10,380 on June 1, a sign that the upward trend has lost strength.
2020-6-29 12:03 | |
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After concluding its third-ever block rewards halving, Bitcoin has shown some immense signs of strength from both a technical and fundamental standpoint The cryptocurrency has now recovered a good portion of the losses that came about as the result of its recent dip, leading many analysts to conclude that this could mark a local bottom BTC’s hash rate has also remained quite high in the time following this event, which is a sign of strength, […]
2020-5-13 21:00 | |
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Bitcoin (BTC) staying above $8,000 is a sign of increasing momentum and detachment from the stock market beta-pull, according to Bloomberg senior analyst Mike McGlone. In a new bitcoin report published on May 5, McGlone said that sustaining above this level is necessary to indicate strength.
2020-5-7 20:33 | |
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Bitcoin may be primed to take off as analysts suggest that the dollar is about to lose its strength. A weaker dollar would be a positive sign for risk-assets like...The post Could Bitcoin Benefit from a Weaker U.S. Dollar? appeared first on Crypto Briefing.
2020-4-1 11:30 | |
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Bitcoin’s sharp overnight selloff marked a firm end to the bout of consolidation that it had been experiencing over the past few days, with this movement sending BTC reeling down to its key support within the lower-$6,000 region.
2020-3-29 00:30 | |
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The Wyckoff Method suggests Bitcoin is looking more like it has left lows behind, suggests Murad Mahmudov
2020-1-7 13:38 | |
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Cryptocurrency derivatives exchange Bybit has announced the launch of the BTC Brawl competition, which has been dubbed the “biggest global team trading competition the world has ever seen!” Going from strength to strength, after having recently broken the $4,000,000,000 USD mark for 24-hour trading volume, the BTC Brawl is another sign of Bybit’s stratospheric rise […] The post Bybit launches ‘BTC Brawl’ trading competition appeared first on CryptoSlate.
2019-11-18 12:00 | |
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Bitcoin has incurred some upwards momentum today after facing growing selling pressure around $10,000. BTC’s ability to hold above this price level may be a bullish sign, as it signals that bears do not currently have enough strength to send the crypto back to its next major support level in the lower-$9,000 region.
2019-9-13 00:00 | |
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Although many investors and analysts alike viewed Bitcoin’s muted reaction to the recent Tether/Bitfinex controversy as a sign of improving fundamental strength, it may be too early to celebrate just yet, as one analyst believes that BTC may dip back into the lower-$4,000 region before finding any significant levels of support that allow it to.
2019-4-30 03:00 | |
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Summary:Despite some strong, intraday selling, bitcoin’s macro-bullish market structure remains intact. So far, we have seen a test of two daily levels and have clearly established support.
2019-4-17 23:26 | |
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Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections.
2019-3-29 02:21 | |
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Long-Term Outlook A look at the Weekly chart for TRX shows that price is following a descending support line and currently trading at $0. 023. Price rallied until $0. 04 where it found resistance corresponding with the 21 period moving average and promptly reversed.
2019-1-14 16:19 | |
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This week realized a big gain as bitcoin enjoyed a 25% rally from its local bottom before topping out around $4,400. Support currently appears to be established in the mid-$3,000s as the market remains indecisive over its next move:Figure 1: BTC-USD, Daily Candles, Current Support LevelFigure 1 shows the relevance of the current support level as it represents a previous support level that was never properly retested during last year’s parabolic bull market.
2018-11-30 01:45 | |
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A report published in October by OneAlpha revealed that Bitcoin’s market was gaining strength after the 2018 correction. The stability of the last weeks is a sign of maturity of the markets that seem to have passed the hype stages -both bullish and bearish- of the previous months.
2018-11-4 07:24 | |
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Another week has passed as bitcoin continues to coil in a tighter and tighter consolidation. Both price and volume continue to consolidate as bitcoin decides where the next major move will be.
2018-10-31 00:19 | |
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For several weeks, bitcoin has remained in a consolidating uptrend. The market hasn’t seen a new high since mid-September, but the lows have steadily gained higher and higher ground.
2018-10-10 01:26 | |
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Over the previous four days, Bitcoin price recorded consecutive declines which saw price form a low around $6350 yesterday. It has since bounced, and the price is back trading above $6500. Today’s rise is on low volume.
2018-9-26 16:27 | |
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Last week, after a devastating move that shook the market violently up and down for a 7% move in just a few short minutes, bitcoin saw a major sign of strength as it proceeded to have a slow, but steady markup where it managed to establish a local high in the $6,800s:Figure 1: BTC-USD, Hourly Candles, Shakeout Prior to MarkupThis shakeout forced the market to temporarily establish a new monthly low in what could be argued to be a stop-hunt prior to the move to the $6,800s.
2018-9-24 21:29 | |
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At press time, the father of cryptocurrency is trading for just shy of $6,300. This is a good sign that bitcoin is working to boost itself up the financial ladder, as previously the currency was trading in the $6,100 range.
2018-9-12 21:21 | |
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Over the last two weeks, bitcoin saw its longest streak of red days since 2014. The volume was modest and expansive on the drop as the price managed to lose 25% in value in just 10 days.
2018-8-11 00:10 | |
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At the time of this article, the news from the Winklevoss ETF being denied by the SEC is still fresh and it is unclear what impact it may have on the overall macro trend of the market.
2018-7-27 00:57 | |
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In our previous discussion, a strong possibility for a retest of the low volume spring was noted as the market was beginning the early stages of an inverted head-and-shoulders (H/S) reversal (sometimes called a head-and-shoulders bottom).
2018-7-18 01:36 | |
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In a recent update, the U.S.-based financial service provider, Robinhood Markets, has announced the removal of BSV, also known as Bitcoin Satoshi’s Vision. According to the update, Robinhood will stop supporting BSV on Jan. 25, 2023, adding that other digital…
Министерство связи и информационных технологий Саудовской Аравии (MCIT) выступило учредителем академии блокчейна в рамках нацпроекта по развитию человеческого капитала.
Накануне вечером поступила срочная информация об атаке 51% на сеть Bitcoin SV. Об этом сообщил популярный сервис CoinMetrics со ссылкой на свою платформу Farum. Представитель команды CoinMetrics Лукас Нуцци в Твиттере уже подтвердил, что блокчейн BSV был атакован.
It became a choice between protecting Bitcoin’s open-source ethos or championing free-market fundamentals. In the end, community won out.
The interview with Bitcoin SV advocate Jimmy Nguyen on Fox Business came to an abrupt end after only two minutes.
Bitcoin price may rise to a new 52-week high if it can break above the ascending channel and this move could ignite the altcoins.