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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


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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


Tron [TRX] Performance Last Week Was Low Despite so Many Activities On The Network, Why?

The past week had been full of activities for the Tron team, but unfortunately not a very good one for Tron native token TRX. This cryptocurrency was among the low performers out of the top 100, but there was a high expectation on TRX performance considering that the Tron team were engrossed in awareness and […] The post Tron [TRX] Performance Last Week Was Low Despite so Many Activities On The Network, Why? appeared first on ZyCrypto. дальше »

2019-1-22 00:34


2019 New Year Starts out with FIreworks, Showcases the “January Effect” Throughout the Crypto Market

The cryptocurrency industry did not reach the end of 2018 on a good note, which was drastically different from the year before. Some people were expecting some unsubstantiated bull run, considering the increase of $1,000 to the Bitcoin price since its lowest low of $3,200 on December 15th for the year. However, Bitcoin tragically hopped […] дальше »

2019-1-3 09:36


20% of All Bitcoin Is Permanently Lost and Unrecoverable, According to Researchers

A Wall Street Journal investigation and analysis suggested that users have misplaced a fifth of all Bitcoin. While this has not much in the way of ramifications for the technology, considering how it is designed to be deflationary and is divisible to a very low denomination, it has created a new industry of wallet hunters who […] 20% of All Bitcoin Is Permanently Lost and Unrecoverable, According to Researchers was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-7-10 17:59


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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