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Bitcoin Price Rally Will Continue, Bullish Weekly RSI Suggests

Bitcoin price is knocking on the $6,000 resistance and appears ready to run higher this week. Bitcoin Price: Market Overview Bulls are buying dips on Bitcoin and defending the ascending trendline even though over the weekend and early Monday BTC showed some occasional weakness on the 1 and 4-hour chart by dropping below the exponential moving averages. дальше »

2019-5-7 10:00


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$5K is ‘No Magic Price’ That Turns Bitcoin Price Bullish, Says Tone Vays

Bitcoin price held steady above $5000 April 9 but one trader remained cautious about trusting the cryptocurrency’s bull run would continue. ‘No Magic Price’ For Ending Bear Market In a tweet Monday, veteran trading guru Tone Vays warned that even though Bitcoin price had managed to maintain support at $5000, its trajectory was more important. дальше »

2019-4-9 14:00


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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 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