Bitcoin price recently formed a golden cross which has historically been very bullish. Despite the bullish indicator being triggered, Bitcoin has fallen sharply. The last 24HR BTC has dropped -5% and the last 7 days, Bitcoin price has sold-off nearly -7%. Why could the sell-off be considered normal price action? […]
Tag: technical analysis
Bitcoin Price History – Technical Analysis Showing Bullish Sign From 2015
Bitcoin price has consolidated the last week for the most part with some downside pressure. The last 7 days, Bitcoin price has returned -1.53% as the market shifted towards altcoins. Despite Bitcoin price falling the last week, it should be noted that technicals right now are highly bullish based on […]
Bitcoin Price Prediction and Technical Analysis for May 17
It hasn’t been a good day for the Bitcoin price as of today. A lot of value has been lost in very quick succession, yet no one seems to know where this downtrend will end exactly. With some basic technical analysis, it quickly becomes apparent numerous key support levels have […]
XRP Price Prediction and Technical Analysis For May 16th
These are good times to be an active cryptocurrency trader. Even with the barest of knowledge, anyone can get a feel for how the markets are currently evolving and where things may head next. The recent XRP price momentum certainly took people by surprise, although the excitement might not necessarily […]
Brenna Sparks Blasts The Concept of “Technical Analysis” for Cryptocurrencies
Analyzing financial markets can often be done in many different ways. Most market speculators and investors rely on technical analysis to discover recurring patterns and signals. Not everyone is a fan of this approach, as the recent comment by Brenna Sparks clearly illustrates. The Technical Analysis Conundrum On paper, it […]
TRON Price Inches Ahead as Bullish Indicators Come Into Play
Some of the top cryptocurrency markets are going in the red once again. That usually does not bode well for the top altcoins, digital assets, and tokens alike. So far, TRON successfully bucks this trend, albeit it remains to be seen how long the momentum will remain in place this time […]
3 Short-term Bearish Bitcoin Price Predictions for Q4 2018
Bitcoin has not had the best of runs throughout 2018. Especially when compared to late 2017, this year is rather disappointing so far. Things can still turn around in the financial quarter of 2018, yet the bearish Bitcoin price predictions are stacking up. The following three examples show how things […]