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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


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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above. дальше »

2019-2-26 02:42


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In Tether We Trust? USDT Still Dominant Stablecoin

Tether (USDT) remains the most popular stablecoin, accounting for more than half of all value moving from Bitcoin to fiat or fiat-denominated currencies in December. Has the sector gone back to bed with the original stablecoin? A recently published report by CryptoCompare, a cryptocurrency statistics source, found that Tether represents 75% of Bitcoin (BTC) trades […] The post In Tether We Trust? USDT Still Dominant Stablecoin appeared first on Crypto Briefing. дальше »

2019-1-18 18:56


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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation. дальше »

2019-1-4 02:22


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Bitcoin Dominance Upswing As Investors Go Cautious

One of the side effects of a sudden market downturn is a sudden increase in Bitcoin dominance, as investors see BTC as a more stable store of value than other coins. Bitcoin almost slipped to under half the total share of the market before yesterday, but thanks to the  Christmas Crash the BTC  share has now started rising […] The post Bitcoin Dominance Upswing As Investors Go Cautious appeared first on Crypto Briefing. дальше »

2018-12-26 17:35


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Bitcoin going down, purchases for Bitcoin – grows

Coin2Shop analysts have published data about the number of buyers who use BTC and ETH to pay for goods in online shops has increased. And if in August the number of users of the company’s plug-in did not exceed 400 accounts, and the number of purchases for cryptocurrency was almost half less – 231 transactions […] The post Bitcoin going down, purchases for Bitcoin – grows appeared first on ZyCrypto. дальше »

2018-12-5 10:45


Tron’s TRX Blockchain Transactions Now Outpace BTC, ETH And XRP With Daily Performance

The Tron Mainnet entered the cryptocurrency world at the end of May, and they have been functioning without any problems since they launched the Genesis block soon after. Accounts have continued to accrue since then, now boasting over half a million users, so it should not come as a shock that they have been surpassing […] дальше »

2018-10-28 09:19


Signs That The Bears Are Taking Over Bitcoin

After the market crash on Thursday, the future of a further drop in Bitcoin seems to be a bit brighter according to CoinDesk. The biggest digital currency in the world has been staying relatively steady over the past month but on Thursday there was a massive drop bringing the price down below the $6,500 mark and to the $6,200 level confirming a range breakdown. дальше »

2018-10-13 21:30