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Analyst: Recent Bitcoin (BTC) Rallies Have Coincided with Fresh Bitmex Quarterly Futures

Bitcoin was recently able to surge above its previous level of strong resistance around $4,000, but BTC has not incurred any significant buying pressure since climbing above this price level. It currently remains unclear as to whether or not this former resistance level will now flip to become a level of support, which would be. дальше »

2019-3-18 22:30


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Bitcoin Price Analysis: New High Paves Potential Reversal Setup

After days and days of consolidation, bitcoin finally managed to break a new high for the first time in almost two weeks. This new high, so far, has been short lived, however, as it was almost immediately sold into by eager bears:Figure 1: BTC-USD, 4-Hour Candles, New HighOur current 4-hour candle is seeing a relatively easy retracement after days and days of an upward grind. дальше »

2019-3-9 02:08


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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. дальше »

2019-3-1 03:44


Bitcoin (BTC) Surges Above $3,800 to Create a Fresh February 2019 High — Are the Bears Finally Defeated?

Support for BTC moving forward: $3,802, $3,664, $3,590, $3,569, $3,508, $3,467, $3,421. Resistance for BTC moving forward: $3,851, $3,882,… The post Bitcoin (BTC) Surges Above $3,800 to Create a Fresh February 2019 High — Are the Bears Finally Defeated? appeared first on Invest In Blockchain. дальше »

2019-2-18 13:05


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Bitcoin Price Analysis: Bitcoin Tests Boundary Support as Demand Weakens

Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With the current market unable to close a new high, the market finds itself in a precarious position:Figure 1: BTC-USD, Daily Candles, Range Support TestThe blue support level shown above illustrates the boundary of the multi-week range bitcoin has been bound by. дальше »

2019-1-18 02:02


Ethereum Price Analysis: Bulls Continue to Defend ETH Price Above $100 — Can the Momentum Shift in Their Favor in December?

Ethereum had seen a significant price decline totaling over 56% from high to low during November 2018, creating fresh… The post Ethereum Price Analysis: Bulls Continue to Defend ETH Price Above $100 — Can the Momentum Shift in Their Favor in December? appeared first on Invest In Blockchain. дальше »

2018-12-4 16:32


Lisk Price Analysis: LSK Finds Support at $1.40 As the Market Creates Fresh 16-Month Lows — Can the Bulls Battle Back Toward the $2.00 Handle?

The bulls within Lisk is currently involved in a battle to bring price action back above $1.50. The LSK/USD… The post Lisk Price Analysis: LSK Finds Support at $1.40 As the Market Creates Fresh 16-Month Lows — Can the Bulls Battle Back Toward the $2.00 Handle? appeared first on Invest In Blockchain. дальше »

2018-12-3 22:35


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Bitcoin Price Analysis: Another Red Day Pushes BTC Into Deeper Support Test

Bitcoin has tumbled again today as the market continues to see further downward movement shortly after breaking two areas of market support. So far, bitcoin is down 15% on the day — 25% in 1 week:Figure 1: BTC-USD, Daily Candles, Downward ContinuationThis drop below support is starting to display hallmarks of market capitulation. дальше »

2018-11-20 02:27


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Bitcoin Price Analysis: Yearly Support Breaks as Bitcoin Tests Underlying Demand

After months and months of consolidation, the yearly support finally broke and now bitcoin has found itself in the lower $5000s for the first time since 2017:Figure 1: BTC-USD, Daily Candles, Broken SupportBitcoin managed to drop a staggering 16% yesterday as the market sliced through the long held support like a knife through butter. дальше »

2018-11-16 01:28