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Bitcoin Price Analysis: Market Is Set for Deeper Tests

[Nov 1, 2019 8:44 PM] Summary: The bitcoin market has seen several tests of its $9,000 support and a failure to rally above the weekly resistance zone at $9,250.If the market breaks support, the next logical level to test is at the $8,700s. The $8,700 level is a logical…

Bitcoin Price Analysis: Bulls Reverse Entire Bearish Drop

[Oct 25, 2019 9:15 PM] Summary: A $1,500 candle proved bullish resolve for the bitcoin price as the entire bearish drop that occured this week was engulfed.The market is currently testing a major level in the $8,800s and there is a potential short squeeze setup that…

Bitcoin Price Analysis: Strong Rally Retests Macro Resistance

[Oct 8, 2019 10:03 PM] 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…

Bitcoin Price Analysis: Deep Shakeout Rallies Off Strong Support

[Sep 19, 2019 9:46 PM] 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…

Range-Bound Market Tests Macro Milestones

[Sep 13, 2019 7:10 PM] Summary: Amid an otherwise uneventful market structure, bitcoin seems to be making a consolidation pattern known as a “head and shoulders bottom.” The pattern is still forming and is not yet actionable, but if it manages to break to the upside…

Monthly Macro Support Tested With Impulsive Move

[Sep 6, 2019 9:22 PM] Summary: Shortly after seeing a retest of macro resistance at $10,750, the bitcoin market saw a strong pullback that has us testing a monthly supply level of $10,300. The support retest came about on strong volume and high spread, but is currently…

Bitcoin Price Analysis: Weekly Support Sends Market Soaring

[Sep 4, 2019 9:09 PM] Summary After last week’s test of macro support, bitcoin rallied over $1,000 in just a few days.At the moment, the market is testing a crucial resistance level at $10,750. This level represents a monthly swing high that is testing the supply of…

Bitcoin Price Analysis: BTC is a “Melting Ice Cube” Says CEO

[Dec 7, 2018 3:00 AM] Latest Bitcoin News Like Bitcoin prices shifting, so is Bill Gates-the founder of Microsoft who back in 2014 said Bitcoin is “used to buy drugs like synthetic opioid fentanyl” and the “anonymity of digital currencies meant they were linked to…

BTC/USD Price Analysis: SEC Commissioner Comment on Bitcoin ETF

[Nov 27, 2018 7:41 AM] Latest Bitcoin News At spot prices, Bitcoin and the altcoin market need a catalyst, something that investors have been waiting for. And from the look of things, the SEC approving any of the nine Bitcoin ETF proposals mean indirect regulation of the…