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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


Bitcoin Cash (BCH) Daily Price Forecast – March 8

  The medium and short-term outlook continues in a range-bound market. Traders should be patient for a define trend after a breakout or price breakdown. BCH/USD Medium-term Trend: Ranging Supply zones: $180, $200, $220 Demand zones: $50, $40, $30 BCHUSD continues in the range in its medium-term outlook. $132.67 was the high while $129.17 in […] дальше »

2019-3-8 16:00