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Bitcoin Price Analysis: Potential Reaccumulation Could Test Bear Trend

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. дальше »

2018-9-24 21:29


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Bitcoin Stabilizes above Important $6,000 Resistance as Bulls Manage to Fight Off Bears: Week in Review September 17

The price of bitcoin closed the week three percent higher, around the $6,500 mark, as bulls managed to regain the upper hand to allow bitcoin to remain above its most recent $6,000 resistance. In the past seven days, blockchain media was filled with stories of regulators cracking down on fraudulent cryptocurrency business and their operators, which shows that authorities are...The post %%POSTLINK%% appeared first on %%BLOGLINK%%. дальше »

2018-9-18 18:00


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Bitcoin Price Analysis: Strong Rally Tests Trend-Changing Behavior

In a potentially trend-changing move, bitcoin has now managed establish its first *higher* low since the beginning of this years crypto bear market. In mid-June, after seeing a short-lived bounce from this year’s low in the upper $5,000s, the bitcoin market took a very harsh, unrelenting move that dropped the price from the mid $8000s to the $5900s. дальше »

2018-9-4 00:27


Cryptocurrency Bear Market Blues: How To Manage Bitcoin Investments During Slow Times

Bear Market Leads to the Rise in Crypto Correlation Recent analysis shows that levels crypto correlation have greatly increased lately, with Bitcoin (BTC) as a ringleader. Bitcoin Controls The Prices Of Other Coins One of the biggest differences between cryptos and conventional shares, stocks, and similar financial products lies in the fact that their prices […] дальше »

2018-8-11 01:15


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Bitcoin Price Analysis: New Low on Low Volume Breeds Potential Bullish Set-up

Bitcoin sits precariously perched at the bottom of the annual market low and many bitcoin investors aren’t sure what to make of it. Although the market seems to be continuing its drift to new lows with greater and greater ease, there are a couple of bullish signals worth considering while the market continues to consolidate: Figure 1: BTC-USD, Daily Candles, New Market LowOn Friday, June 29, 2018, for the first time this year, the daily candles closed below the annual low of $6,000s. дальше »

2018-7-1 19:35