The Stock Market’s Biggest Bear Says S&P 500 Just Flashed a ‘Buy’ Signal

2020-3-1 00:10

Following this week's selloff, one bear believes the stock market just showed a ‘buy’ signal. Others also see signs of a bounce. The post The Stock Market’s Biggest Bear Says S&P 500 Just Flashed a ‘Buy’ Signal appeared first on CCN.com

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Millennials are Leading Bitcoin’s Awareness & Ownership Race, 42% Will Buy BTC in Next 5 Years: Survey Reveals

Despite the bear market, the latest data shows Bitcoin awareness, perception, familiarity, and propensity to purchase along with ownership has all increased significantly. According to the latest data shared by Spencer Bogart, a partner at Blockchain Capital on the basis of the survey conducted from April 23-25 among 2,029 American adults, Bitcoin is a demographic […]

2019-5-1 19:05


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Bitcoin Price Analysis: Keep an Eye Out for a Close Above the Current High

Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support.

2019-3-1 03:44


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Bitcoin Price Analysis: Bullish Setups Could Break Current Market Structure

The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However, it is nicely consolidating on lower time frames and hints toward the possibility of another leg up:Figure 1: BTC-USD, Hourly Candles, Consolidating PennantThe pattern shown in Figure 1 outlines a potential continuation pattern called a “bullish pennant.

2019-2-23 02:23


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Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test

Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:Figure 1: BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months.

2019-2-20 01:38


Chinese Bitcoin Bull Says this Bear Market is the Best Time to Buy Bitcoin, Likely to Reach $50,000 by 2021

Although the Bitcoin (BTC) and cryptocurrency market is not in its best state and many people are staying away from it, experts say this is the best time to invest in the market. A Bitcoin bull and Chinese Bitcoin billionaire Zhao Dong has reaffirmed this by saying investors should buy Bitcoin now that the price […] The post Chinese Bitcoin Bull Says this Bear Market is the Best Time to Buy Bitcoin, Likely to Reach $50,000 by 2021 appeared first on ZyCrypto.

2019-2-13 10:25


Crypto Venture Capital Firm 1confirmation Looks to Secure $60 Million Investment

The 2018 bear run has dealt a huge blow to the crypto world. Investors lost faith and Wall Street pulled out. Entire startups with good ideas collapsed, catalyzed by tumbling BTC prices. However, various venture groups continue to seek financing since bear markets are the best time to buy. 1confirmation Wants Investor Funds The revelation […]

2019-1-18 23:06


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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.

2019-1-4 02:22