Analysis

Bitcoin Price Analysis: Breakout Gets Rejected as Supply Drowns Bulls

Summary: Last night, the bitcoin market saw a strong breakout get immediately rejected as selling pressure shoved the breakout down from $8,800 to $8,200s in a very short period of time. At the moment, the market is sitting on top of strong support and it hasn’t broken just yet.  If the bulls are going to […]

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Bitcoin Price Analysis: Strong Rally Retests Macro Resistance

Summary: The bitcoin market is experiencing a strong rally that has us testing the strength of the $8,300 resistance level. So far, the support level at $8,090 is holding and as long as the daily candle doesn’t close below the support level the market is poised for a retest of the $8,500s. If we see […]

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Bitcoin And Crypto Market Remain At Risk: LTC, BNB, BCH, TRX Analysis

The total crypto market cap is struggling to break the key $220.0B resistance area. Bitcoin price is now trading well below the $8,400 and $8,500 resistance levels. Binance coin (BNB) price is slowly declining and it could test the $15.20 support area. Litecoin (LTC) price is somehow holding the key $55.00 support area. BCH price […]

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Bitcoin Price Analysis: BTC Could Bounce Off $7200 Support

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: Must BTC/USD Revisit $9,200 For Fresh Demand?

The high congestion of sellers at $9,800 has thwarted advances by the buyers after BTC/USD dropped to $9,600. Bitcoin’s shallow recovery is characterized by weak fundamentals such as low volume and low volatility levels. Bitcoin is lethargic in its recovery following another dump to $9,600. Similarly, the general trend on the market is just as […]

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Crypto Market & Bitcoin Could Extend Losses: BCH, EOS, TRX, ADA Analysis

The total crypto market cap is currently struggling below the $260.0B resistance area. Bitcoin price is declining and is trading just below the $10,000 support area. EOS price is correcting gains and it even broke the $3.850 support area. BCH price is declining and is approaching the main $300 support area. Tron (TRX) price is […]

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Price Analysis: Top Five Weekly Performer Coin in the Crypto Market

Last week saw a bit of drama with cryptocurrencies price movement. Bitcoin still remains the top cryptocurrency in terms of market capitalization and daily traded volume. However, this pace-setter status didn’t necessarily place bitcoin among the best performing coins of the week which ended on Saturday 21st of September, 2019. Among the top 20 most popular […]

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Bitcoin Price Analysis: Deep Shakeout Rallies Off Strong Support

Summary: A deep test of support pushed the bitcoin market down $600 over the course of an hour. Ultimately, after testing weekly support, the market managed to retrace the entire drop and push a new high. At the moment, we are retesting macro support/resistance at $10,300 and if we can manage to close our weekly candle […]

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Altcoins Dragging Crypto Market Cap Higher: BCH, BNB, EOS, TRX Analysis

The total crypto market cap is slowly climbing higher and it recently broke the $260.0B resistance. Bitcoin price is currently trading in a range near the $10,200 level. EOS price is trading near $4.100 and it could start another upward move. Binance Coin (BNB) is up more than 6% and it recently surpassed the $21.50 […]

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Bitcoin Price Analysis: Could BTC/USD’s Ongoing Breakout Smash $11,000 This Time?

Bitcoin defends $10,000 support paving the way a much-needed reversal. BTC recovery steps above $10,500 but support areas towards $10,000 remain vulnerable. Following the impressive recovery witnessed last week, Bitcoin’s upside is still capped under $11,000. In fact, a bearish wave over the weekend refreshed the support at $10,000. Fortunately, the buyers were strong enough […]

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Bitcoin Hitting $1T Market Cap By 2025 ‘Entirely Possible’: New Analysis

Bitcoin has most of its wealth creation still to go and could top a giant $1 trillion in market cap in just six years, new analysis claims. $1 Trillion Bitcoin Doesn’t Need Parabolic Trend Published last week, the forecast by Blockchain investment advisory resource, Byte Tree, suggests that even with conservative growth, Bitcoin will achieve […]

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Crypto Market Cap And Bitcoin Gaining Pace: BCH, BNB, EOS, TRX Analysis

The total crypto market cap is climbing higher and it may soon break the $265.0B resistance. Bitcoin price is now trading nicely above the $10,600 level, with a positive angle. EOS price is currently consolidating near the $3.300 level. Binance Coin (BNB) is gaining momentum and is currently trading above the $22.25 level. BCH price […]

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Bitcoin And Crypto Market Rally Looks Real: LTC, BNB, BCH, TRX Analysis

The total crypto market cap recovered nicely and broke the key $250.0B resistance area. Bitcoin price is up more than 7% and it recently climbed above $10,400. Binance coin (BNB) price is also gaining momentum and it recently broke the $22.50 resistance. Litecoin (LTC) price is facing a few solid hurdles near the $68.00 and […]

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Bitcoin And Crypto Market Facing Hurdles: BCH, XLM, EOS, TRX Analysis

The total crypto market cap is correcting higher towards the $250.0B resistance area. Bitcoin price is also approaching towards many hurdles near $9,800 and $10,000. BCH price is currently consolidating near the key $280 support area. EOS price is under pressure and it seems like it could struggle to climb above $3.350. Stellar (XLM) price […]

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Bitcoin Price Analysis: Macro Support Gives Way Under Anemic Demand

Summary: A strong round of selling has the bitcoin market testing daily, weekly and monthly support for the fourth time in over two months. Currently the support in the $9,400s is holding, but should it give way, we can expect to see a test of $8,700 to $8,200 range. This zone represents an untested weekly zone […]

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Bitcoin Price Analysis: Weeks of Consolidation Are Coming to a Head

Summary: The bitcoin market has been consolidating for several weeks and the volume and price volatilities are coming to a head. The price is beginning to narrow between heavy resistance and macro support and soon either the bulls or the bears will give way. As we draw near the monthly candle close, we can see […]

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Bitcoin Price Analysis: $10,000 Sees Bulls Accumulating

Since the recent drop from $11,000 t0 $9,800 as outlined in my previous analysis on BTC, price levels have created an asymmetrical triangle and will see a breakout next week. Bitcoin 1-Hour Analysis On the 1 hour chart for XBT/USD, we can see the asymmetrical triangle highlighted after the breakdown from the rising wedge as […]

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Crypto Market And Bitcoin Facing Hurdles: BCH, BNB, EOS, TRX Analysis

The total crypto market cap climbed higher, but it failed to surpass the $272.0B resistance. Bitcoin price surged around 5%, but it was rejected near the $10,500 and $10,600 resistance levels. EOS price settled above the $3.600 level and it is facing hurdles near the $3.700 and $3.800 levels. Binance Coin (BNB) is still trading […]

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Crypto Market And Bitcoin Approaching Resistance: ETC, BCH, EOS, TRX Analysis

The total crypto market cap is currently correcting higher towards the $268.0-$270.0B resistance. Bitcoin price is also approaching towards a major resistance near the $10,200 and $10,250 levels. EOS price recovered more than 5% and it is now trading near the $3.650 resistance. Ethereum Classic price rallied close to 20% and broke the $7.00 resistance […]

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Bitcoin & Crypto Market Cap Rising: LTC, BNB, BCH, TRX Analysis

The total crypto market cap broke a major resistance area near the $272.0B level. Bitcoin price jumped more than 5% and broke the $10,600 resistance area. Binance coin (BNB) price recovered above $28.00, but it struggled to surpass the $29.00 resistance. Litecoin (LTC) price is still trading well below the $80.00 resistance area. BCH price […]

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Bitcoin Price Analysis: Higher Lows Test Bullish Resolve

Summary: After a very strong round of selling that dropped the price almost $2,000 in just a couple of days, the market managed to find support at an important macro level. The support rally marked a third, higher high for our current market and it rallied on very high volume and spread. The market is […]

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Bitcoin Price & Technical Analysis: BTC Testing Important Support

Coinspeaker Bitcoin Price & Technical Analysis: BTC Testing Important Support On the weekly timeframe, the Bitcoin remains in the ascending channel; however, a decline to the support line may turn into a breakaway and a decline to the psychologically important level of $7,000. Bitcoin Price & Technical Analysis: BTC Testing Important Support Continue reading at […]

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Ethereum Price Analysis: Bears Eye Pullback To $190 Support

Ethereum price recently broke out of a period of consolidation as mentioned in my previous analysis on ETH, completing an asymmetrical triangle in favors of the bulls but has since begun a pullback breaking the short-term support. Bears now eye $190 support around the visible range low. Ethereum Price 1-Hour Analysis On the 1 hour […]

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