Bitcoin (BTC) Price Watch – Ascending Channel Below Major Support Bitcoin Price Key Highlights Bitcoin price has formed higher lows and found resistance at the $6,785 level to create an ascending triangle. Price is testing the pattern’s resistance, which lines up with the broken long-term support visible on the 4-hour chart. Technical indicators […]
Bitcoin (BTC) Price Analysis – Next Potential Ceilings Bitcoin previously broke below a symmetrical triangle and might be due for a retest. BITCOIN PRICE ANALYSIS Bitcoin was moving south since breaking below the bottom of a long-term symmetrical triangle. Price has been climbing recently and might be due for a pullback to […]
Bitcoin (BTC) Price Analysis – Ready To Breach Next Area Of Interest? Bitcoin is heading further north and is approaching the next major area of interest. BITCOIN PRICE ANALYSIS Bitcoin appears to be starting a climb on its short-term time frames but has yet to break past this major area of interest to sustain […]
Bitcoin (BTC) Price Watch – Another Bullish Continuation Signal Bitcoin Price Key Highlights Bitcoin price has broken above the double bottom neckline and bullish flag to signal upside momentum. Price is forming another bullish flag pattern, which might signal a continuation of the climb. Technical indicators, however, are showing mixed signals for now. Bitcoin […]
Bitcoin (BTC) Price Analysis – Short-Term Bullish Signals Bitcoin has formed a double bottom and bullish flag on the 1-hour chart. BITCOIN PRICE ANALYSIS Bitcoin could be done with its slide as price formed a double bottom on the 1-hour time frame. Price also seems to have broken past the neckline around $6,400 […]
Bitcoin and a new Quarter – More of the Same? Following a solid couple of days to limit the losses for the 2nd quarter, it’s back in the red for Bitcoin at the start of the 3rd, with uncertainty continuing to pin back any meaningful rally. Bitcoin gained 2.95% on Saturday, following Friday’s 6.12% rally, […]
Bitcoin [BTC] below $5000 is a good buy, says El-ErianPriyamvada Singh According to CNBC’s report, El-Erian, the veteran businessman, and economist has said that Bitcoin will be worth buying if the prices drop below the $5,000 mark. Today, the Bitcoin price dropped below $6,000 once again and had a steep fall all the way […]
Bitcoin falls below $5 900 to wrap up a gloomy 2018 first half. Demand for the cryptocurrency has waned amid security and regulatory concerns. Bitcoin sank further below $6 000 on Friday, heading for a second straight month of declines at around 20%, as demand for the largest cryptocurrency continues to suffer from security and […]
Bitcoin (BTC) Price Watch- Potential Reversal Formation? Bitcoin Price Key Highlights Bitcoin price could be forming a short-term inverse head and shoulders pattern. Price has been moving sideways for the past few days as bulls try to keep it afloat. Technical indicators, however, seem to be favoring further declines in bitcoin price. Bitcoin price […]
Japan's Next Economic Boom Will Be Bitcoin And Blockchain Fuelled Japan's economy — which for years has struggled to return to its 1980's growth levels — could be about to boom once again, thanks to bitcoin, cryptocurrency and blockchain technology. At the Japan Blockchain Conference this week in Tokyo (the first if what's expected […]