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Bitcoin’s Price Action Resembles a Bearish Wyckoff Distribution

On March 20, the BTC price reached a high of $6,900. Since then, it has been mostly trading in a range between $6,100-$6,900, with the exception of a failed breakdown attempt on March 27. On April 2, the price initiated a rapid upward move and reached a high of $7,192, however, the higher prices could […] The post Bitcoin’s Price Action Resembles a Bearish Wyckoff Distribution appeared first on BeInCrypto. дальше »

2020-4-3 17:10


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Bitcoin Aims to Re-Test Important Weekly Support and Resistance Levels

During the week of March 16-23, the Bitcoin price increased significantly, at one point reaching a high of $6,900. However, it decreased considerably over the weekend. Since the price failed to reclaim this important resistance area, this week’s movement will likely see a bearish re-test of support, rather than the beginning of an upward move. дальше »

2020-3-23 17:10


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The Bitcoin Price Has Reclaimed an Important High Time-Frame Support

The Bitcoin price began a rapid decrease on March 19, at one point increasing by 22% from its low of $5,252. The price has continued its increase today, reaching a high of $6,900. Well-known trader @CryptoCred posted a Bitcoin chart stating that the price is trading inside a very significant weekly time-frame area, with support […] The post The Bitcoin Price Has Reclaimed an Important High Time-Frame Support appeared first on BeInCrypto. дальше »

2020-3-21 20:15


Bitcoin price rises to $6,900: a point that kickstarted the last rally to $10,000

The Bitcoin price spiked to $6,900 on the day, rising to as high as $6,946 on BitMEX. The last BTC rally to over $10,000 started from a strong rebound from the $6,900 level. Upon rising to $6,900, the Bitcoin price saw an immediate rejection to the mid-$6,000 region, and some technical analysts anticipate a minor […] The post Bitcoin price rises to $6,900: a point that kickstarted the last rally to $10,000 appeared first on CryptoSlate. дальше »

2020-3-20 18:25


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Here’s Why Bitcoin Could Rip to the Upside, Moving Past $8,000

Over the past few hours, Bitcoin has mounted a comeback; after falling as low as $7,590 in step with a similar drop in the price of equities, the cryptocurrency surged towards $7,900. While some say this is just volatility, there is purportedly evidence that an uptrend is forming, one that could take BTC above $8,000, then potentially higher to recover some of the strong losses the asset incurred at the start of the week. дальше »

2020-3-12 01:48