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Tag: Bitcoin Analysis

Bitcoin Price Analysis: BTC Bulls Need to Break Key 50MA Resistance

October 1, 2019 admin0

After a steep decline in price action, Bitcoin finally finds some short-term relief from the bearish pressure that has seen price levels drop from $9,600 to $7,600 within a few days. Bitcoin 4-Hour Price Analysis On the 4 hour XBT/USD chart, we can see that price levels have rapidly declined resulting in Bitcoin dropping $2,000 […]

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Bitcoin Price Analysis: BTC Could Bounce Off $7200 Support

September 28, 2019 admin0

Bitcoin (BTC) price clearly broke through key support levels at $9,500 recently, as shown in my previous analysis and has since dropped to $7,700 losing almost 19% of its value within the last few days. Bitcoin Daily Price Analysis On the 1 day chart for XBT/USD, we can see that price levels broke down below […]

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Bitcoin Price Analysis: BTC Dumps To $8k As Market Trembles

September 26, 2019 admin0

After much anticipation of an explosive move, Bitcoin has finally chosen a direction for the short-term dumping through the asymmetrical triangle support. Current market price rests on $8,100 support but looks poised to drop further. Bitcoin 1-Hour Price Analysis On the 1 hour chart for XBT/USD, we can see the recent break-down that has taken […]

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Bitcoin Price Analysis: BTC Poised For Drop To $7,200 as Altcoins Tumble

September 23, 2019 admin0

Bitcoins price movements have been quite slow over the past few weeks as price action consolidates around the $10,000 mark. Volume remains low and price action looks poised for a drop below $9,000 over the coming days. Bitcoin Price 1-Hour Analysis On the 1 hour chart for XBT/USD, we can see price action has been […]

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How To Trade Bitcoin Like A Whale, Not A Guppy

September 13, 2019 admin

Bitcoin trading isn’t for everyone, but if you decide to take the plunge, it’s best to learn from the whales. | Source: Shutterstock As a bitcoin skeptic, I don’t think it is a good idea for anyone to be trading or holding bitcoin or any other cryptocurrencies. However, I recognize that many investors are watching […]

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Ethereum Will ‘Mega Moon’ Against Bitcoin, Predicts Trader

September 11, 2019 admin

Ethereum continues to languish against bitcoin. Here’s what it needs to break the downward spiral. | Source: Shutterstock To say that Ethereum is weakening against the king of cryptocurrencies would be a huge understatement. The ETH/BTC pair is down by nearly 50% year-to-date as it languishes in bear territory for 17 months and counting. The […]

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Bitcoin’s Boring Again. Is $10,000 BTC’s Yawn-Worthy New Normal?

September 11, 2019 admin

Bitcoin’s suddenly boring again. Has $10,000 become the yawn-inducing new normal for BTC, or will the market wake back up soon? | Source: Shutterstock After bitcoin’s parabolic renaissance sparked hopes of new highs back in April, the expectation of BTC reclaiming $20,000 has become a fleeting reality. In recent weeks, bitcoin has sluggishly ranged between […]

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eToro Senior Analyst Mati Greenspan’s 3 Favorite Crypto Picks

September 8, 2019 admin

eToro Senior Market Analyst Mati Greenspan revealed his favorite three cryptocurrencies to hold for the long term. | Source: Shutterstock; Edited by CCN eToro senior markets analyst Mati Greenspan isn’t one to mince words. When responding to a query on entry-level crypto investing, the portfolio manager didn’t hesitate to point out the top three cryptocurrency […]

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Analyst Spots Trend Suggesting Incoming Monster Bitcoin Rally

September 7, 2019 admin

An analyst found that major downturns tend to be healthy for the overall bitcoin price trend. Another analyst explains that 2019 may be a good year for BTC. | Source: Shutterstock Many armchair traders are so focused on the short-term price movement of bitcoin that they forget to look at the big picture. For instance, […]

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Bitcoin Whale Moves a Cool Billion Dollars for a Mere $700 Fee

September 6, 2019 admin

Someone just moved $1 billion in bitcoin to an unknown wallet. | Source: Shutterstock On September 6, more than $1 billion worth of bitcoin was sent from an unknown wallet. The transaction was processed within several hours with a $700 fee. A $1 billion bitcoin transaction processed with a $700 fee (source: blockchain.com) The Token […]

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