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Bitcoin may be Still for the Next Two Months But ETH, XRP Could go Wild – Analyst
The cryptocurrency market has been moving sideways especially for Bitcoin which has crashed significantly from the 2019 high of over $13,000 to the current $9,000s. While the crypto community is hoping things will turn around soon and Bitcoin will start rising to a new high for the year, the crypto analyst known on Twitter as […] The post Bitcoin may be Still for the Next Two Months But ETH, XRP Could go Wild – Analyst appeared first on ZyCrypto. дальше »
2019-7-31 10:46 | |
Bitcoin Looks Bearish as Analysts Eye A Drop to Mid-$8,000
A big move was expected for bitcoin price and it came yesterday with a swift plunge back into four figures. The move resulted in a $15 billion dump from crypto market capitalization as altcoins blindly bled out in the shadow of their big brother. дальше »
2019-7-28 12:03 | |
Bitcoin Rallies Above $12000; ‘To The Moon’ By Christmas?
Another day, another milestone passed. Bitcoin’s inexorable rise from December 2018’s bottom to break $12000 has been astonishing in its speed. So what could lie ahead? Crypto-Spring Is Here, Courtesy of Bitcoin Barely six months ago we were engulfed in our darkest hour. дальше »
2019-6-27 17:21 | |
Chainlink, VeChain Soar: is Alt Season Here?
Consensus is in that the bull run has officially returned. From local bottoms in the low US$3,000s, Bitcoin has boomed almost four times to its current position of $11,400. For many, this has been a phenomenal first half of the year. дальше »
2019-6-26 22:40 | |
Bitcoin (BTC) Investors are FOMOing: Tether Sells Off, Stablecoins Flood to Exchanges
Bitcoin Triggers FOMO As you likely know, Bitcoin (BTC) has surged past $10,000. In a jaw-dropping move on Friday, the cryptocurrency rallied past key resistance levels in the $9,000s to surpass $10,000, reaching as high. дальше »
2019-6-23 05:58 | |
Crypto Analyst: After $10,000, Bitcoin Price Will Never Again Trade at Four Digits
While it was only a little more than six months ago that Bitcoin price was trading in the low $3,000s, where it set its bear market bottom and multi-year low, already the crypto asset is trading at over three times the value it was such a short time ago. дальше »
2019-6-21 23:00 | |
Analysts: Bitcoin Market To Be Bullishly Bountiful For Several Years
Analysts: Bitcoin Market To Be Bountiful For Several Years It’s merely days since Bitcoin broke above the $9k resistance amid a lot of buying pressure. That’s after it previously touched the $9k level only to retrace way back to the $7k range and then back up to the $8,000s. дальше »
2019-6-22 19:50 | |
If Bitcoin (BTC) Hits $10,000 Like Analysts Expect, What’s Next?
The Importance of Bitcoin At $10,000 Ever since Bitcoin (BTC) has entered the upper-$8,000s and low-$9,000s, analysts have been eyeing $10,000. They see this level as a validation of Bitcoin’s validity as a viable asset. дальше »
2019-6-20 10:15 | |
Bitcoin (BTC) Soars Past $9,300 in Massive Weekend Pump: Bulls on Parade
And just like that, Bitcoin (BTC) is right back above $9,000. The past 72 hours have been absolutely stellar for the crypto market, as it saw all digital assets gain notably across the board. BTC, most notably, moved from the low-$8,000s, where analysts expected heavy resistance, to $9,300 where it stands right now. дальше »
2019-6-16 10:20 | |
Bitcoin Forming a Possible Diamond Pattern, BTC Back to the Upper $8,000s?
Bitcoin doesn't seem to let go off the $600 range it is stuck in. Each day, it takes a jump and crosses $8,000 giving us hope that today might be the day when the flagship cryptocurrency will make it good above $8,000 level, but till now it hasn’t. Todays’ BTC/USD range has been $7,821 and […] дальше »
2019-6-12 16:49 | |
Bitcoin (BTC) Poised to Break Higher, High-$8,000s Back in Play
Bitcoin Bulls Return as BTC Taps $8,000 Bulls are looking to take control of Bitcoin (BTC) after a week of boring price action. In the past 48 hours, BTC has tried to convincingly break past... The post Bitcoin (BTC) Poised to Break Higher, High-$8,000s Back in Play appeared first on Ethereum World News. дальше »
2019-6-12 09:00 | |
Bitcoin to Correct to $6,000s: Technicals Suggest BTC Remains Overbought
Bitcoin Still in Overbought Range Bitcoin (BTC) may seem like an unpredictable asset, but through its decade of existence, patterns have been found. One of these patterns, or rather a multitude of them, is currently. дальше »
2019-6-12 23:00 | |
Bitcoin (BTC) Likely Overextended, Could Fall to Low-$7,000s
Bitcoin Yet To Fulfill Bull Market ‘Requirement’ Despite what some think, the Bitcoin (BTC) rally of 2017 wasn’t without its hitches. Over the course of the monumental year, during which BTC rose from irrelevance at. дальше »
2019-6-9 09:30 | |
Bitcoin Price Crash into the $6,000s BTC/USD Would be Met by Strong Buyer Demand
Since yesterday, Bitcoin has been making a recovery as it goes back to the $8,000 level. Currently, BTC/USD is trading at $7,967 with 24 hours loss of 0. 08 percent. At the end of last month, Bitcoin dropped down from the highs of $9,100. дальше »
2019-6-9 06:46 | |
Bitcoin Pullback Talk On The Table As BTC Struggles At $8,000
Bitcoin Struggling, Analysts Worried At long last, Bitcoin (BTC) has settled to consolidate in the short term once again, failing to surmount $9,1000 and has since been stuck in the $8,000s for days on end. дальше »
2019-6-4 04:00 | |
Bitcoin Slips To $8,100: BTC Needs To Hold $8,200 For Bulls To Maintain Momentum
At long last, Bitcoin (BTC) has begun to slip after trending in the mid-$8,000s for days on end. In a move expected by a number of analysts, BTC has dropped to $8,100 on most major crypto exchanges. дальше »
2019-6-4 02:55 | |
Bitcoin Price 99% Flash Crash May Have Been Work of Clever Crypto Hacker
Last week, while most crypto traders witnessed a sideways market with Bitcoin price consolidating in the mid-$8,000s, on the CAD/BTC pair on the cryptocurrency exchange Kraken, there was a flash crash, wiping out 99% of its value in seconds before rocketing back into its trading range. дальше »
2019-6-3 23:00 | |
Bitcoin Price Analysis: Bullish Market Structure Upheld Following Strong Sell Off
Summary:Although we saw a strong sell off yesterday, the bullish market structure has yet to be violated. The weekly support has been confirmed for the time being and our parabolic advance is still intact. дальше »
2019-6-1 23:51 | |
Bitcoin Could Hit $10k Next Month if This Bullish Scenario Plays Out
The correction that never was has fizzled out again. The bears were beaten back and Bitcoin’s predicted pullback has been thwarted for a second time in as many weeks. A number of failures to break resistance at $8,300 has sent Bitcoin on a path of retreat which many expected to end in the $6,000s somewhere. дальше »
2019-5-24 13:00 | |
Bitcoin Price Analysis: Macro Resistance Could Push Price Down to $6,000s
Summary:The bitcoin market is seeing some pullback as the monthly and weekly resistance level has proven to be a tough level to crack. On the daily level we can see a couple of attempts to break the level, but ultimately this was matched with strong selling pressure. дальше »
2019-5-24 23:46 | |
Bitcoin Stuck In $7,000s: Analysts Claim BTC Could Collapse To The $5,000s
Bitcoin Technicals Hint At Impending Pullback At last, upward momentum for Bitcoin (BTC) has finally begun to slow. During this bout of non-action, analysts across the board have been doing their best to determine what’s. дальше »
2019-5-23 04:30 | |
CNBC Analyst Believes Bitcoin Could Fall Down to Mid $6,000s as Sellers Take Recent Profits
Bitcoin (BTC) has been in a bull trend in the last few weeks and the digital asset surprised everyone by increasing above $8,400 a few days ago. Nonetheless, panellists at CNBC believe that the price of Bitcoin could drop down to mid-$6,000. дальше »
2019-5-17 04:07 | |
Bitcoin Price Analysis: Where Is the Local Top for This Parabolic Run?
Summary:The bitcoin market has gone parabolic as we blasted off through two major weekly levels. The resistance got crushed due to a high amount of short positions that were force liquidated in an event known as a “short squeeze. дальше »
2019-5-14 00:43 | |
If History Rhymes, Bitcoin (BTC) May Retrace To High-$5,000s
What a week it’s been for Bitcoin (BTC). In the past 72 hours, the asset has rallied from the low-$6,000s to $7,500, then to $6,900 (current), driven by a newfound sense of hype, passion, and belief in the cryptocurrency cause. дальше »
2019-5-13 21:00 | |
Bitcoin’s Resiliency and Immunity is on Full Display as BTC Price Sways in the Low $7,000s
The price of Bitcoin is currently sitting at $7,167 USD and has not been this high since September 4, 2018. Here is the chart from CoinMarketCap revealing this data: While $BTC price remains a few hundred from its 2019 peak of $7,333 as we reported earlier, many are questioning when the real cool-off could come […] дальше »
2019-5-12 08:15 | |
Bitcoin Price Analysis: Bull Trend Continues as Market Marches To $6K Level
Summary:Bitcoin’s strong uptrend resumes as, once again, the market has claimed new highs in the $5,900 zone. Our market structure remains bullish as we have consistently created higher highs and higher lows. дальше »
2019-5-8 00:58 | |
The Bull Market is Back in the Crypto Hedge Fund World as Holdings Rise to Over $14 Billion, 40% In 2019
Nobody could deny that the crypto world is seeing a resurrection of sorts with the Bitcoin price going from middle $3,000s to seeing a recent high over $5,600 BTC/USD. Discussions about whether the bear market has been ended or not are constant, but there is proof that the future is getting brighter every day. According […] дальше »
2019-4-27 05:11 | |
Is The Crypto Bear Dead Yet? Trader Calls For Bitcoin Double Bottom
Over recent weeks, Bitcoin (BTC) has embarked on a slow and steady uptrend, moving convincingly off the mid-$3,000s. With the crypto asset recently holding above $4,000 on the back of an influx of volume, some are sure that bears in this market are ready to bite the dust. дальше »
2019-3-31 21:00 | |
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 | |
Bitcoin Price Analysis: Could Three Times Be the Charm for This Resistance Level?
Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation. дальше »
2019-3-16 01:56 | |
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 | |
Bitcoin Inches Closer to $4,000 Mark as Crypto Market Finds its Footing: BTCManager’s Week in Review March 11, 2019
The price of bitcoin closed a touch firmer this week at around $3,950, inching close to the $4,000 resistance level it has been struggling to surpass. The market sentiment seems to be changing, and it looks like the crypto winter could be over soon. дальше »
2019-3-12 12:00 | |
Bitcoin Price Analysis: New High Paves Potential Reversal Setup
After days and days of consolidation, bitcoin finally managed to break a new high for the first time in almost two weeks. This new high, so far, has been short lived, however, as it was almost immediately sold into by eager bears:Figure 1: BTC-USD, 4-Hour Candles, New HighOur current 4-hour candle is seeing a relatively easy retracement after days and days of an upward grind. дальше »
2019-3-9 02:08 | |
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 | |
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 | |
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 | |
Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test
Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:Figure 1: BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months. дальше »
2019-2-20 01:38 | |
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 | |
Bitcoin Price Clings to $3,600 with Iron Fist While Ethereum Races Past Ripple
The 24-hour period of trading hasn’t seen vast activity in the crypto economy. Since the spike at the end of last week, nothing truly significant has taken place on Bitcoin markets. With a high degree of irony, the whole crypto market seems on pause while the SEC “eventually” plans to approve an exchange-traded fund. дальше »
2019-2-13 23:54 | |
Bitcoin Price Analysis: Strong Rally Set to Test Overhanging Resistance
Shortly after the London Open, the entire crypto market saw a strong round of buying. Some coins broke their highest volume seen since the beginning of the bear market, and several others broke straight through overhanging resistance levels. дальше »
2019-2-9 01:45 | |
Bitcoin Price Analysis: Major Support Broken on Expanding Volume and Spread
After weeks of consolidation, bitcoin finally broke through support. The market now finds itself cruising toward prior lows. On expanding volume and spread, the bitcoin market appears ripe for a continuation of the downtrend:Figure 1: BTC-USD, Daily Candles, Broken SupportAlthough the current daily candle has yet to close, unless there is a strong influx of demand hitting the market, it stands to reason that bitcoin will be closing a new daily low for the first time since mid-December. дальше »
2019-1-29 02:01 | |
Bitcoin Price Analysis: Strong Move Likely Following Tightly Coiled Market
Days and days of sideways consolidation and tightening volume has been the name of the game for the bitcoin market. A narrow range of $200 has caused a weeks worth of activity to coil and consolidate in preparation for bitcoin’s next move:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe figure above shows just how narrow the range has been over the last week as the market has continued to grind out support and fail to break above overhanging resistance. дальше »
2019-1-26 03:13 | |
Bitcoin Price Analysis: Bitcoin Tests Boundary Support as Demand Weakens
Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With the current market unable to close a new high, the market finds itself in a precarious position:Figure 1: BTC-USD, Daily Candles, Range Support TestThe blue support level shown above illustrates the boundary of the multi-week range bitcoin has been bound by. дальше »
2019-1-18 02:02 | |
Bitcoin Price Analysis: Strong Impulse Tests Macro Support Levels
Finally, after about a week or so of a tight, range-bound market, bitcoin poked right through support. This swift move dropped the price nearly 10% in the span of just a few short hours:Figure 1: BTC-USD, Hourly Candles, 11% DropNot only did this move occur on high spread, it occured on high volume. дальше »
2019-1-12 02:21 | |
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 | |
New Report Shows Bitcoin (10 Years) and Gold (1,000s of Years) Share Strong Market Correlation
In general, Bitcoin (BTC) has always been considered as a non-correlated asset in the market. Its price was usually guided by other forces that traditional markets did not follow. However, in a recent report shared by The Wall Street Journal (WSJ) Bitcoin is becoming more correlated to assets such as Gold. In order to understand […] дальше »
2018-12-29 21:48 | |
Bitcoin Price Analysis: Wait and See Where Recent Signs of Strength Lead
This week realized a big gain as bitcoin enjoyed a 25% rally from its local bottom before topping out around $4,400. Support currently appears to be established in the mid-$3,000s as the market remains indecisive over its next move:Figure 1: BTC-USD, Daily Candles, Current Support LevelFigure 1 shows the relevance of the current support level as it represents a previous support level that was never properly retested during last year’s parabolic bull market. дальше »
2018-11-30 01:45 | |
Bitcoin Tumbles By 12 Percent As Bitcoin Cash Hash War Spooks Investors
The price of bitcoin broke away from its “stablecoin mark” in the mid-6,000s and dropped by over twelve percent as a result of the bitcoin cash (BCH) hash war that has spooked investors and highlighted how fragile and volatile the digital currency sector still is. дальше »
2018-11-19 21:00 | |