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A Bitcoin Breakout could Carry BTC to a Crucial Resistance Level

The Bitcoin price has been gradually increasing since it reached a low of $8,910 on June 15. It is currently trading inside a symmetrical triangle, out of which a breakout is expected. After creating a bullish hammer with significant volume on June 15, the Bitcoin price has created another bullish candlestick, albeit much smaller and […] The post A Bitcoin Breakout could Carry BTC to a Crucial Resistance Level appeared first on BeInCrypto. дальше »

2020-6-18 14:35


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This Bitcoin Volume Trend Formed Before BTC’s Rally to $13,800; It’s Forming Again

Bitcoin’s long-held consolidation phase within the mid-$9,000 region may soon come to an end, as analysts are now noting that the resistance at $10,000 is beginning to evaporate. This isn’t to say that the cryptocurrency is overtly bullish at the moment, as there still exists a multitude of different factors that could hamper the growth […] дальше »

2020-6-11 02:00


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Why $7,050 is the Level to Watch During Bitcoin’s (BTC) Weekly Close

In brief: Bitcoin (BTC) encountered massive resistance as it tried to break $7,300.   At the same time, its trade volume has been dropping together with its dominance in the crypto markets.   In our analysis of Bitcoin (BTC) a few hours ago, we were cautiously optimistic that the King of Crypto was on a slow and tense journey towards $8,000. дальше »

2020-4-20 17:08


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Ethereum is a “Strong Short Setup” as Volume Fades and Resistance Mounts

Ethereum has been caught within some turbulence over the past week, with its price action largely mirroring that of Bitcoin and the aggregated crypto market. Earlier this week, ETH plummeted from its recent highs of $280 to lows of $250, before finding some strong buying pressure that has allowed it to climb back to its current price region. дальше »

2020-2-22 03:01


Altcoin Market Bottoms With Highest Buy Volume in Crypto History

Last week the altcoin market exploded, bursting through local downtrend resistance and going on a rally that added over $30 billion in value to the overall crypto market cap sans Bitcoin. The breakout was accompanied by the highest level of buy volume on the total altcoin market cap weekly price chart, which could indicate that... The post appeared first on NewsBTC. дальше »

2020-1-21 22:00


Ethereum “Looking Good” With New Volume Highs Since 2017 While XRP Looks “Promising” to Test Previous High Plus BSV’s 62% Surge

Ethereum “Looking Good” With New Volume Highs Since 2017 While XRP Looks “Promising” To Test Previous High Plus BSV’s 62% Surge ETH consolidation right on top of the Aug-Sept resistance 99 percent of banks love what (Ripple) is doing – Brad Garlinghouse BSV Surges after “Faketoshi” Files for Copyrights of Bitcoin Whitepaper The second largest […] дальше »

2019-5-22 18:12


Bittorrent (BTT) Coin Price Analysis and Prediction 2019 – Failed to Break 15 Sats As Volume Quickly Died Down (May 20th Update)

Mid May Update: Technicals 4H BTTBTC Bittorrent token showed some signs of life in the last week, thanks to the pause bitcoin made on its way up. BTT managed to shear away from the bottom at 9 sats and even penetrated its big resistance at 13 sats, reaching 15 satoshis on two occasions. дальше »

2019-5-20 16:28


Bitcoin Price in USD is Moving Towards Major Resistance as Network Health Remains Stronger Than Ever

As long as BTC price holds $6,400, crypto trader DonAlt is permabull Mining profits, transactions, and volume are up while fees are down Bitcoin is back above $8,000 as the price turns green. In the past 24 hours, the flagship cryptocurrency has surged more than 10 percent as it currently trades at $8,083. The leading […] дальше »

2019-5-20 23:05


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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


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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


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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


Analyst Claims Bitcoin (BTC) Posed for Move Towards 4,400, But Could the Case for Bulls be Fading?

Bitcoin’s price has continued to climb today following a recent period of choppy sideways trading. Although BTC’s climb to above $3,900 is certainly positive for the cryptocurrency, it is now approaching the low-$4,000 region, which has historically been a strong level of resistance for the cryptocurrency. дальше »

2019-3-8 03:00


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Bitcoin Price Analysis: Keep an Eye Out for a Close Above the Current High

Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support. дальше »

2019-3-1 03:44


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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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Bitcoin Price Analysis: Bullish Setups Could Break Current Market Structure

The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However, it is nicely consolidating on lower time frames and hints toward the possibility of another leg up:Figure 1: BTC-USD, Hourly Candles, Consolidating PennantThe pattern shown in Figure 1 outlines a potential continuation pattern called a “bullish pennant. дальше »

2019-2-23 02:23


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Bitcoin Price Analysis: After Sudden Upswing, Bitcoin Price Drifts Downward

Last week, we saw a violent move to the upside as bitcoin rallied 11% over the course of one day. Since peaking in the upper $3,600s, bitcoin has seen close to zero bullish follow-through, and the price has begun to drift downward over the course of the last week:Figure 1: BTC-USD, Hourly Candles, Downward DriftDownward-drifting markets like this can often be a sign that distribution is taking place. дальше »

2019-2-15 00:21