CRYPTOSCARFACE

CRYPTOSCARFACE

What we suggested in our last analysis that BTC is likely to beat $ 40K became a reality that day. However, no one expected that it would be supported by big news such as Tesla, Uber or other large companies that showed interest in Bitcoin. It was these reports that managed to push the price of Bitcoin by about $ 10K and approx. 25%. Bitcoin thus got through the...

CRYPTOSCARFACE

Bitcoin is really serious about $ 40K, which confirms another attempt to cross that line. If we compare the situation from a month ago when BTC first got into this area, nowadays there are much higher chances that $ 40K will eventually be beaten. The most important factors include the key support tested several times, which confirmed its functionality at $ 28K -...

CRYPTOSCARFACE

In the Bitcoin market, it currently looks relatively stable and therefore no high volatility can be expected. Tomorrow will be exactly a month that Bitcoin exceeded $ 30K for the first time and entered this price range. During this month, we witnessed several significant movements and Bitcoin has shown which price levels are serious. One of the most important...

CRYPTOSCARFACE

Although Bitcoin has not been able to approach 40K since our last analysis, retesting of the key support is also important. It was more than likely that after a busy period of almost constant growth, Bitcoin must once enter a phase of consolidation and resistance. When we look at the graph, we can say with certainty that right now we are in this phase and price...

CRYPTOSCARFACE

Bitcoin fails in the $ 40K range after several attempts In the Bitcoin market, this currently looks like a preparation for another $ 40K attempt, but it won't be easy. Since our last analysis, when Bitcoin lost more than $ 10K in a short time due to a correction, BTC immediately got to its feet and returned to $ 40K. Bitcoin has once again shown that it can...

CRYPTOSCARFACE

As we wrote to you in the previous analysis, what we are currently seeing on Bitcoin is not only euphoric but also of great concern. These concerns are linked in particular to what area traders will be able to see it as support, which will hold them even in difficult moments. With its exponential growth, Bitcoin has surpassed several important price areas, and it...

CRYPTOSCARFACE

The Bitcoin market is currently characterized by exponential growth, so it is very important to monitor whether the bulls can defend this price range. What we are currently seeing on Bitcoin is not only euphoric but also of great concern. These concerns are linked in particular to what area traders will be able to see it as support, which will hold them even in...

CRYPTOSCARFACE

In the Bitcoin market, this currently looks uncertain, as valid support is still not verified above $ 20K. Since our last analysis, more than enough has happened with Bitcoin, but in addition to the new ATH of $ 24,157 (CMC), traders are also focusing on which zone they can consider as a valid support. If we look at the chart, we can see how Bitcoin has grown...

CRYPTOSCARFACE

For almost three weeks, Bitcoin has been trying to surpass $ 20K, but it's not that easy.. When we look at the chart, almost every other day we see a price fluctuation in average $ 2K up and down. Based on this behavior of the market we can easily find people, who buy at these prices, but also those for whom these price levels are attractive for sale. However,...

CRYPTOSCARFACE

Bitcoin has built a great position over the past week, but difficulties in the $ 20,000 area still persist. What we are currently seeing in the Bitcoin market is a difficult struggle for a long-dreamed price tag that Bitcoin has not yet surpassed. Since our last analysis, Bitcoin has managed to overcome the $ 19K resistance without any problems, and its steps...

CRYPTOSCARFACE

Bitcoin faced many challenges last week, so let's look at the current market situation. Since our last analysis, we have witnessed several significant moves on Bitcoin. Bitcoin was able to overcome two significant resistances in one day, at $ 18.5K and $ 19K. At first, it looked really promising for the new ATH, but tremendous pressure sent Bitcoin from a...

CRYPTOSCARFACE

According to the graph, it is clear which areas were the most problematic for Bitcoin in these price areas. The first was the $ 16.8K resistance zone, which Bitcoin battled for almost two days. Subsequently, the BTC easily rose to $ 18K where another hurdle was discovered. However, this psychological frontier did not stop the bulls, and after several days of...

CRYPTOSCARFACE

Since our last analysis, which we published a week ago, Bitcoin has managed to reach two important milestones. Although Bitcoin had to withstand several days of heavy resistance in the $ 15.7K - $ 16K range, it finally managed to break it on November 12. Not only did Bitcoin beat $ 16K, but with its market cap, after a long time, it got into the TOP20 assets and...

CRYPTOSCARFACE

Why could Bitcoin reach the new ATH this year? The market is more advanced than in 2017 Panic sellers and inexperienced traders disappeared from the market Large investment companies have entered the market, having only recently invested in Bitcoin with the aim of hold it in the wallet for several years PayPal will make crypto payments available to 28 million...

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If we look at the chart, we can see two attempts in the last week when Bitcoin tried to beat $ 14K. The first attempt began on October 27, when Bitcoin was able to rise from a measured low of $ 13019 (Binance) to $ 13789 (Binance) in one day. The next day, he rose to $ 13,859 (Binance) but was immediately rejected by the bears. The bulls had to start fighting...

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In our previous analysis, we have informed you about the fact that positive reactions and large purchases by public companies may soon push the price higher. At the time, none of us had any idea that this great starting position for Bitcoin would be confirmed by a giant like PayPal. The fact that PayPal decided to accept and use cryptocurrencies fired Bitcoin...

CRYPTOSCARFACE

Over the past seven days, BTC has tested the current support at $ 11.3K several times and confirmed its importance and functionality. Bitcoin fought for more than a month to regain this fortress, which he lost on September 3. Recall the behavior in this area, BTC held above $ 11.3K from August 1 to September 3, then lost that position and returned to it October...

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In our latest analysis we drew particular attention to this Triangle Pattern, which clearly indicated where BTC was heading. According to the calculations, BTC should have left this triangle within 10 days after publication of the analysis, BTC subsequently met this time frame within 4 days. The bulls tried to accumulate their BTC until October 8, and the next...