The Bitcoin price in last days is going down like ninepins. You may wonder why? Very simply said: there is a war out there about the tradition. Like every other nations/religions/ sect are fighting to spread the world with their ideas, because they believe there are the best.
In this case, few big pocketers are fighting about Satoshi’s vision - how the bitcoin...
The rate between Ethereum and Bitcoin was dramatically volatile. The HYPE on the price in 2017 was built up mainly by the ICO and token sales. There was a big demand for this kind of cryptocurrency which everyone can make up from home. About this topic in another article on blog.exlama.com.
I expect in the next year Ethereum to have more difficult to come back...
Bitcoin price is: 6543 USD / 5709 EUR
Today, I will use the chart from yesterday and show the bear triangle. I expect low movements, until mid-November.
The markets lead BitMEX on Derivatives with ~12% of the market share. We can see significant volume on Ravencoin.
BitMEX $612,451,199 11.71% Derivatives BTC/USD
Bithumb $355,954,508 ...
Today, I will use the chart from yesterday and show the bear triangle. I expect low movements, until mid-November.
The markets lead BitMEX on Derivatives with ~17% of the market share. We can see significant volume on Ravencoin.
BitMEX $612,451,199 11.71% Derivatives BTC/USD
Bithumb $355,954,508 6.81% Exchange ...
In today analysis, I used the logarithmic chart. This chart is more accurate for measuring overbought and underbought zones. To identify the zones I used PitchFork. The graph is based on weekly candles and shows huge similarities in the timeframe from 2014.
Disclaimer: Do not care about PitchFork to much - there is not enough data for the PitchFork to be...
Yesterday, Bitfinex closed on the historical support/resistance line. Today is going lower probably due to the arbitrage - the difference of the price on Bitfinex and other exchanges people use to buy coins in cheaper market and sell higher on other markets. We can expect soon to get the prices balanced.
Short-term - neutral. Long-term - up
The market leads...
Bitcoin price: 5610 EUR (6716 USD)
Today we look at the 4 hours candles chart. We can see tapering Bollinger Bands channel which usually shows up before a big movement - Up or Down. We can also see the price above the historic support/resistance line.
The market leads derivatives on BitMEX with 14.4% of all the trades/24 hours. Korea ~7% on trades/24 hours. Euro...
A few Days ago the Bitcoin price got over the resistance line. Significant volume after small volume means a change. I personally believe it's possible to price to go up in the long term.
The market leads derivatives on BitMEX with 17% of all the trades/24 hours. Later Korea ~7% on trades/24 hours. Euro markets are ~2% together/24 hours.
Bitcoin Market cap:...
