Monday, June 18, 2018

$6K Next? Bitcoin Bear Market Back After 10% Drop

The bitcoin market has come alive in the last 36 hours, with the bears gaining the upper hand and now aiming for fresh 2018...

Which Way? Bitcoin’s Low Volatility May Force Big Move

Bitcoin has been squeezed into an increasingly narrow range for more than two weeks and is now experiencing volatility not seen for eight months.As...

BTC Markets Update: Major Symmetrical Triangle Set to Break

The BTC markets are currently testing two major trendlines comprising a major symmetrical triangle. As of this writing, bitcoin appears to be following a...

Failed Breakout Revives Bitcoin’s Bull-Bear Tug-of-War

Bitcoin's retreat from Sunday's high of $7,779 has poured cold water over the bull mood generated by the weekend's positive price action and neutralized...

Bitcoin’s Low Volume Breakout Could Be a Bull Trap

Bitcoin looks primed for a move to $8,000, but low trading volumes point to the risk of a bull trap.The cryptocurrency broke through a...

This Long-Term Indicator Could Complicate Bitcoin’s Price Recovery

A long-term price indicator has turned bearish for the first time in four years, threatening to impede continued gains in bitcoin's price.Despite the rally late...

Going Up? Bitcoin Price Sets Sights on New Resistance

Bitcoin (BTC) is working its way through the key supply zone above $7,500 and could test resistance at $7,870 in the next 24 hours,...

Bitcoin Fights Back, But Too Early to Call Bull Reversal

Bitcoin's (BTC) bulls have staged a defense after nearly a month of losses, but a short-term bullish trend reversal is not yet confirmed, the...

Bitcoin Price Faces Last Major Support Level Before $5K

Bitcoin (BTC) risks falling to the key support level of $6,900, having failed to capitalize on signs of weakening bearish momentum yesterday.The cryptocurrency's technical...

Bitcoin Bears Still in Charge But Indecision Could Open Doors for Rally

While the odds are still stacked in favor of bitcoin's bears, a level of indecision looks to be creeping in, according to the technical...

Bitcoin Price Faces Bear Indicator Not Seen Since 2014

Following bitcoin's recent losses, a key long-term trend indicator is looking increasingly bearish.Notably, the five-month moving average (MA) has rolled over in favor of...

Failed Bull Breakout Leaves Bitcoin Eyeing Drop to $8K

Bitcoin's failed bull move on Sunday has left the doors open for the bears to make a comeback.The inverse head-and-shoulders breakout on May 20 signaled a...

Back Above $8,500: Does Bitcoin’s Rally Have Legs?

Bitcoin (BTC) has bounced back above $8,500, but the rally is not backed by decent trading volumes, the technical charts indicate.The cryptocurrency closed below key technical...

Bitcoin Hits One-Month Low As $10K Sell-Off Resumes

Bitcoin's (BTC) drop to one-month lows below $8,000 has strengthened the bear grip on the markets, the technical charts indicate.The cryptocurrency fell to $7,925...

Bear Revival? Bitcoin Risks Fall Below $8K After 3.5-Week Low

Bitcoin (BTC) bears have unraveled the minor rally in prices since Saturday and are now looking to pull the cryptocurrency below the $8,000 mark,...

Bitcoin Hits Three-Week Low, Eyes Break Below $8,600

Bitcoin (BTC) hit a three-week low of $8,713 on Bitfinex earlier today and looks set to extend losses further, price chart analysis indicates.The cryptocurrency...

Bear Mood? $9K Still in Play Despite Bitcoin Rally

Despite a brief rally yesterday, bitcoin (BTC) is still in corrective mode and risks falling back below $9,000, chart analysis suggests.The cryptocurrency broke out of the bearish...

Topping Out? Bitcoin Bulls Need to Defend $9K

Having hit seven-day lows below $9,000 this morning, bitcoin (BTC) is looking decidedly weak.The cryptocurrency fell to $8,980 on Bitfinex a few hours ago...

Bitcoin Looks for Price Support After Failed $10K Crossover

Bitcoin's (BTC) pullback in prices over the weekend has dampened the immediate prospects for the bulls, the technical studies indicate.Having witnessed a bullish pennant breakout last...

Bitcoin Sets Sights Above $10K After Bull Breakout

Following a bull breakout last night, bitcoin (BTC) looks set to test $10,000 and could possibly move higher over the weekend.Bitcoin closed yesterday (as...

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