DMintz

DMintz

What happened Third week in a row, Bitcoin is trading in the range between $8700 and $9800. bit.ly What’s next RSI indicator is in the neutral zone, MACD – in the positive zone. Now we are witnessing a downwards move towards $9000. However, we expect BTC to grow up to $10000 after that – if this line is taken, it will lead to the further growth. Disclaimer Our...

DMintz

What happened Just as we expected, BTC confirmed $7800 as the new support line and went up over last week. bit.ly What’s next Perhaps, we’ll see $8500 level as the new support line this week. After that, BTC will be testing $10000. Disclaimer Our price analysis is for information purposes only. Please make the Bitcoin purchase and investment decisions...

DMintz

What happened Our expectations of BTC movements were right. Early last week it was going down to a $6400 minimum. But over the second half of the week, Bitcoin rate went up and tested a resistance level of $7800, which was exceeded over weekend. bit.ly What’s next Now BTC is fluctuating around $8000. RCI indicator shows Bitcoin to be slightly overbought, while...

DMintz

What happened Bears continue to rule the market for a few weeks now. BTC rate is down to $6400. bit.ly What’s next Just like we expected, last week the price was consolidates in a narrow range of $6400-7000 with a few small breakthroughs. Today bitcoin price is over $7k and aims for $7800. RSI is in neutral zone with a slight ‘buy’ sign, MACD signal line...

DMintz

*What happened* Last week, the bulls took a small revenge for the defeat of the previous weeks. The price of Bitcoin, after reaching just above $9000, rebounded down from the 38th Fibonacci level. bit.ly *What’s next* Bitcoin is now at the 23rd Fibonacci level. The trade is below the trend line. RSI indicator shows the price moving downwards, while MACD is in...

DMintz

BITFINEX:BTCUSD bit.ly What happened Just as we forecasted, Bitcoin going below a $8500 support level resulted in its further drop vs. USD. Now the key manoeuvre is within $7800-8500 range. What’s next RSI indicator is in the neutral zone. MACD and moving averages hint at the continuous downside movement in a short-term. Breaking below the support level will...

DMintz

What happened As we predicted last time, after bulls failed to take a $11600 level, bears took the initiative and lowered the Bitcoin price to $8400. However, they didn’t manage to keep it below $8500 support level: over the weekend Bitcoin bounced back to $9500. What’s next BITFINEX:BTCUSD For more than a month we are seeing a flat trade. If a trade volume is...