Friday, August 23, 2019
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Bitcoin: Is the Bear Ready to Make Another Breakout?

Bitcoin produced an Evening Star on the daily chart. The resistance level where the Evening Star has been formed seems to be a strong...

Daily Crypto Brief, August 22 – Bitcoin Fighting to Keep its...

Yesterday, bitcoin had a -5.93% descent, that moved his quote to a 9841 low. But this level show buyers were waiting there and bounced...

Daily Crypto Brief, August 21 – Back Down!

Early morning, cryptocurrencies had yet another sudden drop on high volume. Bitcoin moved down over $500 ( 4.8%), Ripple lost all its recent gains,...

Daily Crypto Brief, August 20 – Bitcoin and Altcoins Finding Resistance

Monday 19, Bitcoin moved up over 600 points to touch resistance near $11,000, from where it has retraced a bit. Altcoins are following the...

Will Bitcoin Respect the Bullish Trendlines?

As seen in the image, we can draw two main trend lines describing the mean slope of the bitcoin bullish movement that started in...

Daily Crypto Brief, August 16 – Bounce and Downward Continuation!

Yesterday all cryptocurrencies bounced off sharply with the bitcoin coming from a 4% loss up to a 4% gain and climbing to the $10,400...

Daily Crypto Brief, August 15 – Market Sell-off

Yesterday, the Bitcoin continued its massive descent, after having its $11,000 support broken. The sell-off accelerated during the day, as all indices in the...

Daily Crypto Brief, August 14 – Bitcoin Continue To Slide,...

Yesterday, Bitcoin moved down from its tight range, losing almost 1,000 points. Altcoins followed but with less bearishness. Overall, Bitcoin continues losing market dominance....

Daily Crypto Brief, August 13 – Bitcoin and Altcoins Cannot Find...

Bitcoin and the leading altcoins are trying yo define direction amid a reduced trade volume and lack of volatility, partially due to holidays in...

Daily Crypto Brief, August 12 – Altcoin Weekend Strength, Bitcoin Dump

Bitcoin dropped $400 on Saturday morning in a sudden volume spike, as has happened in the recent past, at the same time altcoins experienced...

Daily Crypto Brief, August 09 – Bicoin 12K Barrrier Still Holds,...

Yesterday price action on the Bitcoin but it recovered at the end of the session to attempt another assault to the $12,000 barrier, which...

Daily Crypto Brief, August 08 – BTC Upward Momentum Faces 12K...

Yesterday, the bitcoin went up to attack once more the strong psychological barrier of the $12,000 level, but it failed three times. The rest...

Bitcoin: The Buyers are in the Driving Seat

Bitcoin after making a breakout at the neckline of a double bottom on the daily chart, the price went up to the 12250.00 area...

Daily Crypto Brief, Aug 07 – Healthy Correction and Bounce

Yesterday morning, the Bitcoin had a large movement that took its price to $12,300 to suddenly receive an intense selling pressure that moved it...

Daily Crypto Brief, August 06 – Bull Day For Cryptocurrencies, Now...

Bitcoin had a great day moving up almost $1,000(10%), while the rest of the markets burned. The S&P 500 fell more than 3%, the...

Daily Crypto Brief, August 5 – The Buyers are Back, US-China...

  This weekend saw the return of the buyers to the cryptocurrency sector. The past week was quite good for the digital coin industry, adding...

Bitcoin: Are Buyers Getting Ready to Ride on the Bull Again?

Bitcoin has made a significant move towards the North. Today’s intraday charts show that Bitcoin has made a breakout at the level of resistance,...

Bitcoin Outlook on the Weekly Timeframe

The weekly chart of the bitcoin is quite interesting. We see that this one was a reversal week, and the price is making a...

Daily Crypto Brief, The Buyers Dominate!

Yesterday morning there were hesitation and selling pressure, but the approaching of the opening of the US session brought buyers back to move Bitcoin...

Bitcoin Milestone: Only 15% left to mine in 120 years!

Below, a Blockchain.com chart shows that a new milestone has been reached today, as the number of bitcoins in c¡rculation, 17,884,075.00 BTC, exceeded 85%...

Bitcoin & Monero Elliott Wave Analysis: Creating a Wave 3 of...

Bitcoin has completed an ABC pattern of an Elliott Wave structure. After this completion, it created a Wave 1 and 2 of lesser degree....

Daily Crypto Brief, July 31 – Slowly Improving!

Yesterday, cryptocurrencies were slowly improving, with a paced increase in valuation. Market capitalisation went up 2.74%, and the current Bitcoin dominance is kept at...

Bitcoin: The Support Line Holds the Key

Bitcoin has been within a range on the daily chart. The price is right at a support level where a daily Doji candle was...

Daily Crypto Brief, July 30 – Trying to Find a Bottom?

Bitcoin and altcoins continued their slide, although at a slower pace. The bitcoin is losing 1.98% in the last 24 hours. Ethereum has dropped...

Daily Crypto Brief, July 29 – Still in Corrective Mode

This weekend can be described as a slump and bump type price action. It was a whale fight. After a whale-type bullish spike at...

Daily Crypto Brief, July 26 -Where are the Buyers?

Yesterday, cryptocurrencies reversed almost all the gains of the bullish impulse they experienced on Jun 24. With the notable exception of NANO (+11%), the...

Daily Crypto brief, July 25 – Finally The Rebound!

Early morning, finally, the bitcoin made a bullish candlestick that drove the price back to $10,000. Most of the altcoins joined the rebound, most...

Bitcoin: Traders to Get a Clue from Its Next Breakout

Bitcoin had another bearish day yesterday. The daily chart shows that Bitcoin produced three consecutive bearish daily candles. However, there is a strong support...

Daily Crypto Brief, July 24 – The Buyers are on Holidays!

After a brief recovery at the end of the day, cryptocurrencies continued descending at a slow but continuous pace.  Currently, the Bitcoin is -2.25%...

Daily Crypto Brief, July 23 – The Corrective Action Persist!

Cryptocurrencies are still stuck in a corrective movement caused by a lack of buyers. The bitcoin is currently $10,260, with shorts up +3.48% while...

Bitcoin: Traders to Be Patient to Find a Direction

Bitcoin has been ranging on the daily chart. Yesterday’s daily candle came out as a bearish candle, but it did obey a level of...

Daily Crypto Brief, July 22 – Cryptocurrencies in Pause Mode

After the big bounce of all cryptocurrencies that happened last July 18, the price of the Bitcoin and the rest of the top cryptos...

Bitcoin: What an Interesting Battle This Is!

Bitcoin had a bullish day yesterday. The daily candle came out as a bullish engulfing candle producing at a level which was a level...

Bitcoin Hot! Reversing its Bearish Action and crossing the $10,000 level...

One hour ago, we were updating the news that the Bitcoin was crossing its trading range to the downside and that if that candle...

Bitcoin Update: BTCUSD Breaking its Trading Range to the Downside!

  Bitcoin breached the trading rage of the last 20 hours to the downside. The current candle has still more than 2 hours to close,...

Daily Crypto Brief, July 18 – Calm After the Storm

Yesterday was the second day of Facebook's Libra hearings; this time was the turn of the congress. The day started with losses and then...

Bitcoin: Is the Game Over for the Buyers?

Bitcoin produced a spinning top on the daily chart yesterday. The day before yesterday’s candle was a strong bearish candle. Thus, yesterday’s candle may...

Daily Crypto Brief, July 17 – Facebook Senate Hearing Weigh on...

Facebook Senate Hearing Weigh on Cryptos, as all cryptocurrencies took yesterday a hit, with Bitcoin and Ethereum down 12%, and most of the top...

Bitcoin Possible Secenarios: Click on the Image and Cast your Vote!

The technical analysis sometimes shows several patterns which may drive the trader to think in several scenarios. On this case, we see there is...

Bitcoin: Are the Buyers Being Sanguine Again?

Bitcoin has been within a daily range. The price had a bounce at the support level of the range yesterday. Moreover, the daily candle...

Daily Crypto Brief -July 15 – The Selloff Continues!

  This weekend was tainted in blood for Bitcoin and altcoins. The bitcoin lost $ 1,700 (14%) since Friday's close, Ripple went from 0.3448 to...

Daily Crypto Brief – July 12 – Donald Trump Doesn’t...

After two days of heavy drops, all cryptocurrencies seem to be looking for their support level. The Asian session moved the Bitcoin and most...

Daily Crypto Brief – July 11 – Bitcoin and the rest...

Yesterday evening, while Bitcoin was touching the $13,000 level, the gates of the bears were opened in all crypto assets to start a selloff...

Daily Crypto Brief – July 10 – Bitcoin Climbing Higher the...

Daily Crypto Brief - July 10 - Bitcoin Gets Everything the Rest Stalls The total crypto-sector Market Cap currently is $355,000 billion with a Bitcoin...

BTCHUSD: The Buyers Sniffing an Opportunity

BTCHUSD made a significant move on the daily chart. It seems that the price has found a good level of support and made a...

Daily Crypto Brief for July 8 – Mildly Bullish Week-End Sentiment

This weekend the cryptocurrency sector, overall, had a bullish impulse, Notably, Ethereum(15%), and Monero (20%). Bitcoin moved about 7% but although relatively bullish is...

Daily Crypto Brief – Bitcoin Bullishness Driving Altcoins Upwards

Today we wake up witnessing the Bitcoin touch the $12,000 and bounce back, as the news posts point to Cuba considering cryptos as a...

Bitcoin Longs as Predictor for BTCUSD Market Turns

Bitfinex not only provides BTC pairs against other fiat currencies and cryptocurrencies, it also delivers two interesting charts: BTCUSD Longs and BTCUSD Shorts. We talked...

Bitcoin Price Action Update

As we have seen in today's crypto daily brief this is not a good day for cryptocurrencies. The top ten cryptocurrencies, besides Tether (for...

Bitcoin Time Traveller Reveals Cryptos Valuation up to 2025

The weirdest and commented piece of news during this weekend is the predictions on the Bitcoin by a self-called time-traveller. Back in 2013, a Reddit...