Bitcoin continues to stay in consolidation between the levels of 3.688.212 - 4.347.782, a breakout of the upper boundary will significantly increase the chances of long-term growth of the instrument. Whereas, an impulse decrease under the level of 3.688.212 will increase the chances of a decline to the area of 2318476. Investor sentiment remains pessimistic, the...
Bitcoin continues to stay in 3.688.212 - 4.347.782 trading range, its overcoming will be key for future movements of the instrument. Since investor sentiment is on the peaks of pessimism, we expect the overcoming of the level of 4.347.782 and fixation above it. In this case, we can count on long-term growth. Altcoins: Growth in quotations above the 0.082 level on...
Bitcoin continues to stay in 3.688.212 - 4.347.782 trading range, its overcoming will be key for future movements of the instrument. Since investor sentiment is on the peaks of pessimism, we expect the overcoming of the level of 4.347.782 and fixation above it. In this case, we can count on long-term growth. Altcoins: Growth in quotations above the 0.082 level on...
Bitcoin continues to stand in consolidation with support level 3.688.200 and resistance level 4.347.782. The growth to the key resistance level will increase the chances of further strengthening, while trading under the support levels will shift the probability towards the fall of quotations. We will monitor the situation further. Altcoins: TRON and HIVE stand...
Bitcoin continues to stand in consolidation with support level 3.688.200 and resistance level 4.347.782. The growth to the key resistance level will increase the chances of further strengthening, while trading under the support levels will shift the probability towards the fall of quotations. We will monitor the situation further. Altcoins: TRON and HIVE stand...
A false breakout was drawn from the level of 3695000 and impulse movement was formed, which indicates the continuation of the long trend. Investors' sentiment about market prospects remains negative, which is an additional signal of future growth of quotations. Overall, the situation looks positive for bitcoin , we expect systematic renewal of local peaks with the...
A false breakout was drawn from the level of 3695000 and impulse movement was formed, which indicates the continuation of the long trend. Investors' sentiment about market prospects remains negative, which is an additional signal of future growth of quotations. Overall, the situation looks positive for bitcoin, we expect systematic renewal of local peaks with the...
New view on Bitcoin. Bitcoin key level to watch - 3,400,000 Yen. If Bitcoin can close below this trendline, I believe we will finally have Capitulation. (Below $30k USD) “Capitulation" refers to the point in a market downturn when investors give up on recapturing lost gains and sell rather than hold a given asset.
Consolidation in the form of a triangle in bitcoin comes to its logical conclusion and soon there should be a true breakthrough of the resistance or support, which will set the main tone for future movements. We are expecting a long of scenario development, because the investors' mood is very pessimistic and the technical picture is tilting the scales towards the...
Consolidation in the form of a triangle in bitcoin comes to its logical conclusion and soon there should be a true breakthrough of the resistance or support, which will set the main tone for future movements. We are expecting a long of scenario development, because the investors' mood is very pessimistic and the technical picture is tilting the scales towards the...
Investor sentiment continues to be at pessimistic levels, which indirectly indicates the possible beginning of the growth of quotations. Now regarding the technical picture of movements, we can highlight two key resistance levels of 3970000 and 4340000, overcoming these marks will significantly increase the chances of further Bitcoin rise. Overall, the situation...
Investor sentiment continues to be at pessimistic levels, which indirectly indicates the possible beginning of the growth of quotations. Now regarding the technical picture of movements, we can highlight two key resistance levels of 3970000 and 4340000, overcoming these marks will significantly increase the chances of further Bitcoin rise. Overall, the situation...
Investors' mood is still on pessimistic levels. Taking into account the current volatility we conclude that the formation of 14.04.2021, which lasts until now is a correction one. We can assume that it is a zig-zag and there is a high probability of development of a rising trend from the current levels. Altcoins: We highlight TRON and HIVE as the most promising...
Investors' mood is still on pessimistic levels. Taking into account the current volatility we conclude that the formation of 14.04.2021, which lasts until now is a correction one. We can assume that it is a zig-zag and there is a high probability of development of a rising trend from the current levels. Altcoins: We highlight TRON and HIVE as the most promising...
Bitcoin is consolidating after the impulse movement that started at the beginning of May, which locally can lead to the growth of quotations around 6.600.000 - 6.800.000. Thereafter, it is necessary to monitor the situation in development as a scenario with the false breakdown formation and downward movement development is likely. Parabolic growth has lasted more...
Bitcoin is consolidating after the impulse movement that started at the beginning of May, which locally can lead to the growth of quotations around 6.600.000 - 6.800.000. Thereafter, it is necessary to monitor the situation in development as a scenario with the false breakdown formation and downward movement development is likely. Parabolic growth has lasted more...
Movements at the current levels will determine further Bitcoin movements. At the moment, we can distinguish two main price movement scenarios - 1. Increased volatility and the formation of pullbacks with the reverse growth of quotations, which will increase the chances of a deep correction 2. The drawing of the correction and consolidations at the current levels...
Movements at the current levels will determine further Bitcoin movements. At the moment, we can distinguish two main price movement scenarios - 1. Increased volatility and the formation of pullbacks with the reverse growth of quotations, which will increase the chances of a deep correction 2. The drawing of the correction and consolidations at the current levels...