Bitcoin has broken out of the descending falling wedge recently.What are the price targets for Bitcoin that we should be aware of?Read More
What is one of the most dangerous patterns that can form on any market – including bitcoin? In this video, we reveal how to recognise and avoid it.Read More
The general tone of the market is:
We have two possible cases of bull and bear scenarios.
Bears – AB has finished and C is underway to $8,500 range minimum
Bulls – One final wave up in an ascending triangle pattern, rallying to $9,200 to $9,300 range.
Long-Term Bias (6+ months) – Bullish
Medium Term Bias (Next Week) – Bullish
Short Term Bias (Today) – Neutral
Long Term Target Prediction – By 2019, $35,000+
Over the past hour we saw nearly a 500 rise in price (again) in a matter of minutes. Is this a trap?
My concern is that we are seeing a bull trap play out on the log chart as we already saw on the linear chart twice.
If that is the case this could go down hard and fast.Read More
The bitcoin price is headed lower much faster than when it was going up. Price has recently broke through nearby support, buying increased but the selling pressure is pushing price below the support level. If this support doesn’t hold, we could see price drop even lower. $8500 is the key level to look at.Read More
Binance has been hacked again and its causing the price of bitcoin to fall as investors can’t withdraw from the troubled crypto-exchange.
After expecting the price to rebound and take off, its depressed again.
Regardless of the news out the fledgling industry, in this video Bitraged tells us why he thought the price could do exactly this, as it hit resistence and fell away after.Read More
The bitcoin price has recently hit a bottom at $6000 and started to go up again.
Looking at what the Elliott Wave Theory – the best predictive method for Bitcoin and markets – tells us about Bitcoin’s next important move, Alessio discusses his ideas of what this market is going to do.Read More
Pay careful attention to these reversal zones, both support and resistance, that the bitcoin price has to respect this and stay within its current bear market. It could be the start of the next big move upwards.Read More