Blog-Chain

Blog-Chain

Technical analysis and fundamentals of cryptocurrencies


What's next? Two options for markets on Monday

15 Mar 2020 1 minute read 2 comments Oliver Singer

After last week’s big stock-market and crypto-market crash, everybody is excited about, what is going to happen on Monday. Even though most of the crypto-influencers think, that bitcoin is a non-correlated asset, we saw the price of stocks, gold and...

Bitcoin drops 50% - putting things into perspective

13 Mar 2020 1 minute read 4 comments Oliver Singer

One Day before Friday 13th, Bitcoin decided to shock the crypto-world.   In just one day, the price of bitcoin fell from 8000$ to 3900$, which is a decrease in price of about 52%. Because of the Corona-market-crash, we are in an extraordinary situati...

Do not buy the dip!

12 Mar 2020 1 minute read 0 comments Oliver Singer

In times of the internet and information being accessible for everyone at any time, there is lots of space for misinformation and wrong advices. Today I’m going to write about one of the most common phrase in the crypto-sphere.   “Buy the dip!”   Don...

As predicted! Bitcoin confirms one year support!

9 Mar 2020 1 minute read 5 comments Oliver Singer

The markets are crashing and Bitcoin is no exception. In the last 24 hours, the price of the worlds leading cryptocurrency went from 8750$ to 7680$ which is a decrease of approximately 12%. Even though long term bitcoin investors (like you) should al...

Bitcoin is crashing! Is this the end for the bull market?

8 Mar 2020 1 minute read 3 comments Oliver Singer

In the last 24 hours, the price of Bitcoin fell from 9200$ to 8550$, which is a decrease of about 7%.Just as Bitcoin tries to retest the 20 week moving average for a second time, Crypto-Youtubers are going bearish and spreading FUD all over the platf...

20 weekly ma provides support!

6 Mar 2020 1 minute read 0 comments Oliver Singer

  In the last article we discussed the probability of Bitcoin breaking the 20 weekly moving average and talked about the consequences this event would have for the next days, weeks and even months. At this moment in time, the price of Bitcoin stands...

Bitcoin tests key moving average! Will it break?

1 Mar 2020 2 minute read 0 comments Oliver Singer

As stock markets crash due to the “Corona-crisis” and “Crash-Analysts” paint pictures of a possible financial depression we are about to witness, Bitcoin had a correction in price, too. In this article we are going to take a closer look in how the 21...

Decision time for Bitcoin

26 Feb 2020 1 minute read 0 comments Oliver Singer

  The picture on top shows the price of Bitcoin on the weekly timeframe. Instead of looking at smaller timeframes, I decided to take a look at the big picture, which   shows the price of Bitcoin holding support an being pushed off by two trendlines...