bitcoin price analysis

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Bitcoin Technical Analysis & Predictions (7th June)

7 Jun 2020 1 minute read 0 comments Ashma

Now-a-days Bitcoin is failing to break the resistance of $10,000. As June started very violently for Bitcoin. At the starting of the month Bitcoin touched it's highest price of the three months resistance of $10,500. However, it dropped so quickly to...

Another Rejection @ $9,000 for Bitcoin ? Technicalities in Bitcoin Next Breakout.

4 Jun 2020 1 minute read 0 comments Ashma

As we seen today Bitcoin lost its uptrend and loses almost $100 and failed to break above $10,000. As now bitcoin is trading between $9,400 - $9,600 range, following today's failure. According to my last analysis it was cleared that Bitcoin must main...

Bitcoin (XBT/USD - BitMex) - Equilibrium...the calm before the storm?

1 Jun 2020 1 minute read 1 comment milionarioo

  The closing of the past week denotes extreme balance between supply and demand: demand wins with the low range approach (8550-8750). The offer wins instead at the approach with the high range (10k and surroundings).     At the moment the balance i...

Basic Technical Analysis Concepts Explained | Downtrend, Volume, Fakeout, Support/Resistance

21 May 2020 1 minute read 4 comments Hooked2TheChain

I recorded a video analyzing bitcoin's recent drop from 9800 to 9330 by explaining some technical concepts so that beginners in TA can get what I'm talking about. See the video at the end of this post. Below are the technical concepts I covered and e...

Bitcoin Bears Losing Strength, Can Bulls Break $10k?

19 May 2020 1 minute read 5 comments Hooked2TheChain

Will bitcoin break 10k? Despite my bearish take on the markets in my last post, I have now entered a long position based on recent action on the 4HR time frame. In trading, it's important to not get emotionally attached to a position but instead to s...

Why I'm Selling All my Bitcoin

16 May 2020 5 minute read 15 comments Hooked2TheChain

Listen guys. I get it. Why would I sell ALL my bitcoin? Bitcoin is probably the most exciting technology since the internet and has immense upside poential, how could I just sell it all? Well, here's the thing. You see, I lost 65% of the value of my...

Multiple Reasons for Shorting Bitcoin | Bitcoin Price Analysis | May 14

13 May 2020 1 minute read 2 comments Hooked2TheChain

It hurts to say this, but I'm shorting bitcoin I'm always torn between technical analysis and fundamental analyis. On the one side I believe in bitcoin and buy it every time it dips with no intention to sell, on the other hand I love technical analys...

Bitcoin Price Analysis | Can Bulls Hold the Daily Uptrend? | Bulls on a Tight Rope

13 May 2020 1 minute read 0 comments Hooked2TheChain

The weekly time frame may have shown recent bullish action but it is far from breaking the previous downtrend, let alone entering an uptrend. The question now is if the bulls can hold up the fort at the 8500 region because if not, we may be in for a...

Top Crypto Traders Insights | Will $8117 Hold as Support?

12 May 2020 3 minute read 2 comments Hooked2TheChain

One of the reasons I like to aggregate ideas of top crypto traders is that it helps me to get as unbiased an opinion of the market as possible. As a trader, one must be open to counter arguments for entering a trade. As a matter of fact, for any trad...

Bitcoin Halving vs Bitcoin Price

9 May 2020 2 minute read 0 comments kriptomann

Bitcoin halving is process of decrease in reward for miners effort. This will continue until the last bitcoin is mined. And the final bitcoin is predicted to be mined around the year 2140. Here, I would like to share facts and my thoughts. When m...