BREAKING NEWS

Category Archives : Bitcoin Analysis

Bitcoin Cash Price Weekly Analysis: BCH/USD Holding Key Support at $540
19 Aug
7:06

Bitcoin Cash Price Weekly Analysis: BCH/USD Holding Key Support at $540

Key Points Bitcoin cash price recovered and moved above the $520 and $540 resistance levels against the US Dollar. There is a major contracting triangle forming with support near $545 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair has to stay above the $545…

Bitcoin Price Technical Analysis: BTCUSD Capped by Strong Resistance
18 Aug
7:48

Bitcoin Price Technical Analysis: BTCUSD Capped by Strong Resistance

Advertisement Bitcoin price today tumbled 2 percent against the dollar, confirming a weak push by bulls in the current bearish bias. The BTC/USD continued to extend its prevailing upside momentum, breaking above 6500-fiat to establish 6620-fiat as its new intraday peak level. However, the absence of enough bullish sentiment around…

Bitcoin Price Intraday Analysis: BTCUSD Struggling to Puncture $6500
18 Aug
8:38

Bitcoin Price Intraday Analysis: BTCUSD Struggling to Puncture $6500

Advertisement The bitcoin price on Friday gained momentum towards $6,500-area, only to find itself unable to puncture through it. The BTC/USD slipped towards 6236-fiat on Bitfinex yesterday but regained much of its value during the early Asian trading session today. The upside correction extended as far as 6558-fiat, but fell…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, ETC: Price Analysis, August 17
17 Aug
9:26

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, ETC: Price Analysis, August 17

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The cryptocurrency market…

Bitcoin (BTC) Price Analysis: Is That a Bullish Divergence?
17 Aug
10:16

Bitcoin (BTC) Price Analysis: Is That a Bullish Divergence?

Bitcoin is still trading below its descending trend line visible on the 4-hour and 1-hour time frames. However, there are indications that bearish pressure is slowing and bulls could return. For one, a bullish divergence can be seen as price made lower lows while stochastic and RSI made higher lows.These…

Bitcoin Price Intraday Analysis: BTCUSD Holding Gains
16 Aug
11:02

Bitcoin Price Intraday Analysis: BTCUSD Holding Gains

Advertisement After slipping to its intraday low around $6,217, Bitcoin recovered as much as 4 percent on Thursday. Comparing to the very recent price action, Bitcoin seems to have overstayed in the $6450-6500 area. In medium-term, the price is forming poles of bear pennants every other day. But, for now,…

Bitcoin (BTC) Price Analysis: Watch This Short-Term Range
16 Aug
11:36

Bitcoin (BTC) Price Analysis: Watch This Short-Term Range

Bitcoin has been pacing back and forth between support around $6,000 and resistance at $6,500, creating a range visible on the short-term chart. Price just bounced off resistance and might need another test of support soon. The 100 SMA is below the longer-term 200 SMA to signal that the path…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, August 15
16 Aug
12:17

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, August 15

[unable to retrieve full-text content] Source: https://cointelegraph.com/news/bitcoin-ethereum-ripple-bitcoin-cash-eos-stellar-litecoin-cardano-monero-iota-price-analysis-august-15

Bitcoin Cash Price Analysis: BCH/USD Recovering, Could Test $550
15 Aug
1:06

Bitcoin Cash Price Analysis: BCH/USD Recovering, Could Test $550

Key Points Bitcoin cash price is recovering after finding buyers around the $475 level against the US Dollar. There was a break above a short-term contracting triangle with resistance at $490 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is trading with positive signs,…

Bitcoin Price Intraday Analysis: BTCUSD Falls to Lowest since June
15 Aug
1:55

Bitcoin Price Intraday Analysis: BTCUSD Falls to Lowest since June

Advertisement Bitcoin continues to extend its downward momentum on Tuesday, lately falling to its lowest trading since June this year. The BTC/USD today opened at 6250-fiat and started recording losses thereafter – during the early Asian trading session. The pair formed a bear pole in pursuance of a breakout towards…