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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


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JPMorgan & Chase: Only Low-Cost Chinese Bitcoin Miners in Profitable Positions

Analysts at JPMorgan Chase & Co. are claiming that Bitcoin is no longer worth the cost to mine it — and only low-cost Chinese miners are in a winning position.   The analysts at the American multinational investment bank and financial services company found that the production-weighted cost per bitcoin averaged just above $4,000 worldwide in Q4 2018. дальше »

2019-1-28 06:00


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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


Litecoin Price Analysis: LTC Continues to Hold At $30 But Can the Bulls Bring Price Action Above $34 And Higher??

Support for LTC moving forward: $30.26, $27.01, $25.07, $24.74, $21.52. Resistance for LTC moving forward: $32.54, $34.82, $39.75, $41.37,… The post Litecoin Price Analysis: LTC Continues to Hold At $30 But Can the Bulls Bring Price Action Above $34 And Higher?? appeared first on Invest In Blockchain. дальше »

2019-1-24 17:17


Bitcoin Cash Price Analysis: BCH/USD Rally Depends on Breakout Above $150

Latest Bitcoin Cash News Plainly put, 2018 was a year to forget for the world’s leading ASIC manufacturer, Bitmain. While prices fell across the board, not only did Consensys resized and re-calibrated their plans but Bitmain was forced to put off what they had previously dubbed as the largest digital asset mining facility in the […] дальше »

2019-1-24 17:12