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Bitcoin Avoids Forming a Death Cross; Instead Confirms Bullish Triangle Pattern.

Bitcoin’s sharp decline seen yesterday put it in peril of losing its macro technical strength and seeing even further downside The cryptocurrency has been able to largely invalidate this weakness, as it is now pushing up towards its previous consolidation channel Its strong reaction to its recent lows allowed it to narrowly avoid forming a so-called “death cross” on its cloud indicator It also confirmed the existence of a bull-favoring ascending triangle that could fuel […] origin »

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Determining Bitcoin’s Current Pattern.

The Bitcoin price has been decreasing since June 1. While the price is trading inside a descending wedge, which is considered a bullish pattern, the long-term trend cannot be considered bullish unless the price breaks out above $10,000. origin »

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Profit-taking Pares Bitcoin Gains But $10,000-Retest Likely.

A rally in the Bitcoin market lost steam on Wednesday on profit-taking sentiment. The cryptocurrency slipped by a modest 0. 75 percent ahead of the European opening bell. But a rebound in consumer activity signaled a positive week for risk-on assets, raising expectations of Bitcoin resuming its bull run towards $10,000. origin »

Cryptocurrency vs. E-money Wallets: Which One Is Better?.

In this day and age, almost everything can be done online. You can meet people all over the world without leaving your room, go shopping online, order food online, and even have digital money. Digital money can either come in the form of money stored in an e-money wallet, or in the form of a […] The post Cryptocurrency vs. origin »

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Ethereum Forms Ascending Channel, But Bears Aren’t Out of the Woods Yet.

Ethereum, like Bitcoin, has been able to recapture its previous trading range and put some serious distance between its current price and its recent lows The crypto market has been able to see a swift recovery from the overt weakness seen yesterday This, to many bulls, seemed to confirm that the market is well poised to see further upside in the days and weeks ahead In the case of Ethereum, the crypto now appears to […] origin »

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Bytrend experts share bitcoin perspectives.

Bytrend. com analytics department pays great attention to cryptocurrency assets and regularly analyzes the development prospects of the cryptocurrency market. The leading specialist of the department, Marius Zielinsky, estimated at first glance fantastic forecast that the price of BTC could exceed the $ 300,000 level by 2025. origin »

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