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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 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


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Bitcoin Price Analysis: All Eyes On $6800 Into The Monthly Close

As Bitcoin price approaches the Monthly candle close after a volatile day yesterday, we take a look at what’s going on in the market. 4 Hour Chart Looking that the daily chart, after closing the previous week at $6,700, Bitcoin began a bullish start to the week, trading at highs of $7,125 breaking the linear resistance by Tuesday. дальше »

2018-8-31 16:00


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Bitcoin Price Analysis: Heading into the Weekly Close

As Bitcoin price approaches the weekly candle close we take a look at what’s going on in the market following two weeks of relatively indecisive price action at yearly support of $6,000. Daily Chart Looking that the daily chart, after finding support at $6k in the previous week, Bitcoin price have traded at highs of $6,900 during the week, where resistance has been found which has been typical where previous support has been found at Read More The post Bitcoin Price Analysis: Heading into the Weekly Close appeared first on Bitcoinist.com. дальше »

2018-8-26 19:00


Can IOTA (MIOTA) Compete With Ethereum Classic (ETC) To Capture IOT (Internet Of Things) Market?

Most cryptocurrencies including IOTA (MIOTA) are now close to a trend reversal as can be seen on the IOTA/USD daily chart above and investors are looking to load up on their favorite coins. The chart above shows that IOTA (MIOTA) has respected a historical support line for IOTA/USD since it started trading on Bitfinex, before July 2017. дальше »

2018-7-31 21:30


Bitcoin (BTC) Has One Last Chance to Make It Or Break It

Bitcoin (BTC) has now reached critical levels where it is expected to make decisive movements. The price is struggling to get past the resistance line on the BTC/USD weekly chart above. A break above this downtrend resistance will restore confidence in the market for the time being and Bitcoin (BTC) can be expected to continue a rally towards $10,000. дальше »

2018-7-31 21:30


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3 Reasons Why the Bitcoin (BTC) Rally is Here to Stay According to Brian Kelly of CNBC’s Fast Money

The total crypto market capitalization has surpassed the $300 Billion mark and is currently valued at $301. 5 Billion. With the increase in volume of the crypto markets, Bitcoin (BTC) has broken past two recently stated resistance levels of $7,600 and $8,000 in quick succession and in a period of less than a week. дальше »

2018-7-25 07:24