Utilising MarketHive to Promote CryptoCurrency
Bitcoin Breakout that didn't happen – sideways days in the year ahead BTC broke out of Cup and Handle pattern, but gave up. Consolidation is the way ahead in the new year. Bitcoin, the poster boy of cryptocurrency world, did break out of the cup and handle pattern on the charts, as pointed by this […]
BTC Turned Bearish Below $3,800 Key Points Bitcoin price struggled to gain traction above the $3,840 and $3,900 resistance levels against the US Dollar. Yesterday’s highlighted major bearish trend line is intact with resistance at $3,720 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently trading in a […]
Building for Bulls, Bears, and the Crypto Revolution Last year, I ended my 2017 Year in Review piece with the following statement: “Those who change the world don’t always set out to do so. All it takes is a decision to do something today, do it better tomorrow, and to not stop doing it…ever. One […]
Bitcoin – Look out for the Holiday Bear Trap Bitcoin in positive territory early on, though will need to hit $4,000 levels to avoid a reversal later in the day. Bitcoin slid by 5.58% on Tuesday, reversing Monday’s 1.67% gain, to end the day at $3,909.6, a first sub-$4,000 end of day since last […]
Bitcoin [BTC/USD] Technical Analysis -Prices climb up as the bulls are back in town Bitcoin prices have been seeing a lot of bull rallies right from the start of December since the month holds a lot of sentiments from last year. At the time of writing, the prices were trading at $4,180 with a market […]
Bitcoin approaches Christmas with solid gains Cryptocurrency market is consolidating with a positive bias. Bitcoin and major altcoins had one of the best weeks this year. Cryptocurrency market had a really good week as the overwhelming majority of top-10 digital assets managed to recover from this year lows. The total value of coins in circulation […]
Bitcoin Price Weekly Analysis – BTC Primed To Test $5,000 Key Points Bitcoin price gained pace recently and broke the $3,580 and $3,780 resistances against the US Dollar. There is a major symmetrical triangle forming with resistance at $4,080 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair is likely […]
Bitcoin – Cup and handle in the making? BTC in the process of making bullish cup and handle pattern. Needs to consolidate recent gains for further gains to occur. Bitcoin, the largest cryptocurreny by market capitalisation, is in the process of forming a cup and handle pattern, which is a bullish sign for the […]
Bitcoin Outdoes Itself; Moves Beyond $4,000 At press time, bitcoin has pushed beyond the $4,000 mark for the first time in two weeks. What has started out as an ongoing “slump ride,” the asset has seemingly found enough strength to challenge present resistance levels and fight back against the ever-present bears. Bitcoin has been performing […]
Bitcoin (BTC) Daily Price Forecast – December 20 c BTC/USD Medium-term Trend: Bullish Resistance Levels: $6,800, $6,900, $7,000 Support levels: $3,700, $3,600, $3,500 Yesterday, December 19, the price of Bitcoin was in a bullish trend. The price of Bitcoin is above the 12-day EMA and the 26-day EMA indicating that price is likely to rise. […]
