Cryptocurrency News
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex At the end of the first week of July the Bitcoin has stabilized, trading at $11,194.00. On H4 the quotations of the Bitcoin (BTCUSD) have dropped which is nothing but a correction after a long-term growth. The descending correction wave has reached 38.2% […]
These are exciting times for cryptocurrency enthusiasts. Bitcoin’s price has been on a massive rally the past month rising by over 33% in just May alone. Most traders agree that the bear market is over because the bullish momentum has been in place since the beginning of the year. After […]
Bitcoin price is up another 14% today as the cryptocurrency briefly surpassed the $8,000 level, currently trading at $7,963 on Bitstamp. The recent bull run began on April 30th and the cryptocurrency has almost doubled in price in the past 2 weeks. Some analysts believe that Bitcoin will reach the […]
After a slight break the past two days, Bitcoin’s price is back at it again this time breaking through the $6000 resistance and currently trading at $6042 on Bitstamp. What’s surprising about today’s bullish momentum is Bitcoin’s decoupling from the movements of the stock market. The past few days cryptocurrency […]
2019 is turning out to be quite a positive year for Bitcoin, is the crypto winter finally over? After hitting a low of $3,300 back in December, Bitcoin has been increasing in value ever since. The momentum and volume has been building little by little the past 5 months and […]
For the last 14 months, the crypto market has been getting decimated with little signs positivity. However, that vibe has recently changed, the question is, will it continue on its current uptrend or is this just a momentary bull trap that’s attempting to suck investors in? What the market feels […]
BTC has breached its range bound behavior to the southwards New support and Resistance levels expected to be defined at $3990 ( resistance) and $3950 (support). Bearish Trend expected in the short term. The last 24 hours has seen Bitcoin stay below $4000. The crypto was trading in a range […]
Market Summary: After a slight slump last week, the various cryptos are back on top with most candles turning green. This upward rally has positively impacted investor sentiments in digital coins. In the markets, most coins have been under sold, signaling the high hopes investors have in a Bullish outlook. In […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex At the time of writing, Bitcoin price is currently at $3,753 after dropping over $100 the day prior. The ascending trend was dominating over February and ended with the MACD divergence, reaching 61.80% Fibo. On H4, the price is testing the support which […]
black crows set stage for bearish breakout Support levels set at 3800 The Bitcoin price has been bearish on the last few hours. The currency has broken support levels at 3860 to achieve new lows below the 3850 mark. BTC/USD had been in consolidation for a few days now. […]
The resistance levels of 4050-4100 on BTCUSD seem to hold as it is currently trading sideways. For the last few hours, the 7 day MA and the 21 day MA seem to be intertwined and this can only imply that the currency is currently consolidating. There hasn’t been any major […]
BTC gains 7% in the last 24 hours Price breaks resistance level to achieve new high of 4000 New support levels set at 3760 After a period of consolidation, Bitcoin price finally managed to breach the resistance level of 3700 to achieve new highs and set new support levels. For […]
Bitcoin and other crypto assets have found a new level of support at $3500 over the past month, but is this the bottom or is there still more pain to come? Bitcoin has a finite amount of supply, which is capped at 21 million coins. There is no such thing […]