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Bitcoin Billionaire Zhao Dong: Bitcoin Is Likely to Fluctuate Between $4,000 and $6,000 for Half a Year

With bitcoin’s recent surge to a five-month high, Zhao Dong, a bitcoin billionaire and one of China’s biggest over-the-counter (OTC) traders, recently claimed on Weibo that the sudden jump in bitcoin price does not mark the end of the bear market and that the original cryptocurrency will continue trading in a range likely between $4,000 and $6,000 for a few more months. дальше »

2019-4-9 20:21


Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – April 2

The BTC price is now trading at $4,741.80 as at the time of writing . On the upside, the crypto's price is likely to rise if the price is sustained above the EMAs. BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $4,500, $4,400, $4,300 Yesterday, April 1, the price of Bitcoin was […] дальше »

2019-4-2 10:17


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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections. дальше »

2019-3-29 02:21


Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – March 28

The BTC price rose again from the low of $3,992 to $4,088 10. If the bulls continue to sustain a price above the $4,000, the crypto’s price is likely to retest or break the resistance levels. BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,900, $3,800, $3, 700 Yesterday, March 27, the […] дальше »

2019-3-28 09:28


Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – March 27

The BTC price is trading at $4,058.60 as at the time of writing. If the bulls continue to sustain a price above the $4,000, the crypto’s price is likely to retest the $4,200 resistance level. BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,900, $3,800, $3, 700 Yesterday, March 26, the price […] дальше »

2019-3-27 09:17


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Bitcoin Price Analysis: Slow Upward Drift Tests Market Supply

A slow, grinding upward drift has been the name of the game for bitcoin’s market over the last few weeks. The upward drift is bringing us slowly to a level that was previously rejected violently:Figure 1: BTC-USD, Daily Candles, Upward DriftOur third rejection of the red resistance level shown above brought the market into a test of macro support in the mid-$3,000s. дальше »

2019-3-23 01:23


Bitcoin Price Prediction Today: Daily (BTC) Value Forecast – March 19

The BTC price is now trading at $4,085.10 and approaching the $4,200 resistance level. The BTC price is likely to face the resistance levels of $4120, and $4,200 price levels. BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,800, $3,700, $3, 600 Yesterday, March 18, the price of Bitcoin was in a […] дальше »

2019-3-19 09:27


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Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume. дальше »

2019-3-19 01:17


Bitcoin Volatility Dives as BTC Price Remains Stable Around 3,900, But Further Losses May be Imminent

Bitcoin’s price has continued to trade sideways around $3,900 as its volatility continues to decrease. Although this stability may be welcomed by some investors who have been tormented by the seemingly constant bouts of volatility in the crypto markets, the current decrease in volatility is likely temporary. дальше »

2019-3-14 03:00


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Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests

Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support:Figure 1: BTC-USD, 2-Hour Candles, Low TF SupportThe zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half. дальше »

2019-3-13 22:26


Most Popular and Famously Favorite Bitcoin Transactions All Crypto Historians Likely Know About

Despite all of the negative things that have been said about Bitcoin by various mainstream media outlets, there is no denying the fact that the flagship digital asset has been able to garner immense mainstream support during the last 3-4 years In this article, we will look at some of the most enduring/famous BTC transactions […] дальше »

2019-3-11 19:30


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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