Utilising MarketHive to Promote CryptoCurrency
Bitcoin – Can the Bulls Muster Up a Weekend Rally? Bitcoin stuck in the ranges through the early part of the day, with the Bitcoin bulls needing to put some life back into the market to support a breakout. Price action through the week was limited for Bitcoin, with a 0.06% gain on Friday one […]
Bitcoin (BTC) Price Analysis – Which Direction Can It Break Out? Bitcoin is stuck in consolidation for yet another day as it moves back to the triangle bottom. Bitcoin continues to move sideways inside a symmetrical triangle and range visible on the short-term time frames. Price recently bounced off the range resistance and also the […]
Bitcoin (BTC) Price Watch – Bears Refusing to Let Up Bitcoin Price Key Highlights Bitcoin price recently tumbled below a short-term rising trend line but might be due for a pullback. Applying the Fib retracement tool on the latest swing high and low shows the levels where more sellers might be waiting. However, technical […]
Bitcoin (BTC) Price Watch – Is This a Bullish Breakout Yet? Bitcoin Price Key Highlights Bitcoin price has been trending lower inside a descending channel visible on its 1-hour chart. Price appears to be attempting an upside break as a few hourly candles are closing above the channel top. Technical indicators may be showing some […]
Wall Street greets bitcoin with interest and worry Bitcoin may be the fraud of the century, depending on whom you believe, or it could be a gold mine for early adopters. Adventurous investors have already bought into the virtual currency and Wall Street is laying the groundwork for more wealth to flow into the […]
Bitcoin (BTC) – Stuck in This Short-Term Range Bitcoin Price Key Highlights Bitcoin price is still treading sideways, right in the middle of its range visible on the 1-hour and 4-hour charts. Price has yet to break out of the current consolidation to show whether it would make a test of support or resistance. […]
Bitcoin – No Weekend Rally in Sight as the Bulls Struggle On Bitcoin finds support early to move back through to $6,600 levels, though holding on could be an issue for the bulls if there’s no break out to $6,700. Bitcoin gained 0.93% on Saturday, partially reversing Friday’s 1.38% fall, to end the […]
Bitcoin (BTC) – Are Bears Back in the Game? Bitcoin Price Key Highlights Bitcoin price appears to be turning from the resistance at the top of its descending triangle on the 4-hour chart. Price could be making its way back to the bottom of the triangle again from here. Technical indicators are also […]
Three dojis mean trouble for Bitcoin BTC/USD sticks to $6,445 amid market indecision. The imminent breakthrough will be forceful and devastating. Bitcoin is changing hands at $6,445 at the time of writing. The digital coin No.1 has barely changed since Tuesday, sitting in the tightest range in its recent history. Three doji candlesticks on […]
Bitcoin (BTC) Price Watch – Watch This Triangle for Directional Clues Bitcoin Price Key Highlights Bitcoin price is still stuck in consolidation, forming higher lows and lower highs inside a symmetrical triangle on the short-term chart. Price is approaching the peak of this formation so a breakout might be due soon, providing longer-term directional […]
