“This price action—shown on the chart below—was quickly sold-off but did decisively break the downward triangle, and needs to be watched carefully,” wrote Nick Cawley, markets analyst at Daily FX. “If BTC can close above this triangle over the next few sessions, it will indicate renewed bullish sentiment that...
Will Bitcoin Recover: Bitcoin and other cryptocurrencies are struggling to keep momentum. Current performance of bitcoin is not according to what experts and bitcoin enthusiasts expected for Q4 2018. As it is facing high volatility and dips continuously. Many experts and enthusiast are thinking that will bitcoin recover from...
Despite the market's recent downfall, cryptocurrencies remain the most desirable digital assets for a number of reasons. They still hold the potential to regain some of their shine, as experts are predicting that the waters will begin to return to their levels by the end of the year given...
Amid the most recent collapse of the cryptocurrency market, investors and people, in general, have been left wondering whether there will ever be a recovery, or if prices are going to continue their downward trend.
For example, Bitcoin surpassed the $20,000 plateau last December, its highest point ever. Now, the...
The crypto market has slowed over the last few weeks, with Bitcoin (BTC) recording price levels in the mid $7,000s. Nevertheless, Robert Sluymer and Tom Lee, the Fundstrat financial experts, firmly believe that things are about to change soon.
Tom Lee’s Prediction
Lee reiterates his $25,000 projection, this time on Bloomberg....
Although the crypto market has lost more than $600 billion of its capitalization since January this year, Mohamed El-Erian, the Chief Economic Advisor of Allianz feels that it is not even close to being dead.
Indeed, 2018 has been a rough year for digital currencies as the crypto market withered...
In July 2010, Bitcoin enjoyed a high increase by a staggering 150,000% since its first listing on exchange.
Since then, Bitcoin has seen so many bear as well as bull runs and during this period gained a lot of attention from the media. Technically speaking, Bitcoin's relationship with traditional charting...
The Galaxy Investment Partners creator, who is known for his optimism about Bitcoin’s future, had previously called a “bottom” in the market in mid-September.
Now, he thinks more time is required for momentum to build to take prices higher, and the long-anticipated wave of institutional investors piling into the cryptocurrency...
Bitcoin spiked above the top of its triangle consolidation to signal that bulls are gaining ground.
Bitcoin spiked past the resistance of its symmetrical triangle formation, but price has fallen back below the top just as quickly. This signals hesitation among buyers or a brief pullback to gather more bullish...
Bitcoin Started Journey of 8400$-9500$ !!!!!!!
All seems set for BTC 0.44% to complete the Butterfly pattern after massive breakout from 6500$-6700$ resistance zone .
Now these zone has become strong support and a good buy back zone.
We made the call of the re-test of 7500-7900 zone which has been achieved....
