Buyers went beyond the falling channel and fixed over $7100. Breaking $7250, buyers will increase the chance to test $7700. The main scenario of Bitcoin price reversal and falling to $5770 is still valid. After yesterday’s sharp growth of the price in Bitcoin market participants have stopped in consolidation near the previous local high. Overall, buyers managed to raise Bitcoin …
Buyers managed to keep $6600 and start a counterattack. Keeping $9000, the next target of buyers is $7300-7400. Alternative scenario is the fall to $6170. Yesterday’s trading day on Bitcoin market ended with an attempt of buyers to go beyond the 5-day consolidation and test of $6620. In fact, yesterday, sellers were trying to confidently and methodically lower Bitcoin price …
Sellers for the third day are trying to fix below $6760-6820. The critical point to complete the local falling trend is $7000-7040. If the continuation of the fall is sharp, sellers will not stop at the mark $6330. Yesterday’s trading day on Bitcoin market supported the tradition of the previous days and ended in consolidation. The closing price of the …
Bitcoin price is in the local range $6770-6900. The probability of Bitcoin price fall continuation with targets $6470 and $6770 is higher. Fixing above $7000, buyers will regain their power in Bitcoin market. The dynamics of trading on Bitcoin market over the past few days has significantly stopped. After breaking the lower trend line, Bitcoin price the most time spends …
Sellers fixed below the critical range $6760-6820. If buyers kept $6330-6440, they can test the mark $7700. An alternative scenario is a sharp fall to $5770. The previous week of trading on Bitcoin market ended with an unsuccessful attempt of buyers to test the range $7300-7400. Yesterday, buyers managed to break the triangle up and within few hours investors were …
Buyers do not allow sellers to fix below the range $6760-6820. The probability of repeated test of $7350 is quite high. Alternative scenario is breakthrough of $6760-6820 and test of $6600. For the third day on Bitcoin market, market participants are sorting out their financial relationship within a narrow 2% consolidation. So far, all attempts of sellers to fix Bitcoin …
Buyers kept the range $6760-6820. Fixing above $6950, buyers can count on the test of $ 7300-7400. The critical point for buyers is the mark $6600. Yesterday at Bitcoin market sellers tested the range $6860-6820. During the day, Bitcoin price sharply fell by almost 8% and is currently trading in a narrow consolidation. Sellers were unable to fix below this …
Sellers have broken the trend line of buyers from 13 March. Buyers are confidently keeping the price fall in the range $6900. By keeping the mark $7300, buyers will open the way to the mark $6000. Yesterday’s trading day on Bitcoin market ended with almost no sharp moments. Except, sellers’ unsuccessful attack on the trend line of buyers, throughout the …
Bitcoin leaves behind USD 7,000 support as profit-taking reverses some of the week’s gains Canada’s Toronto Stock Exchange lists its first Bitcoin-based fund Institutional investors get into the Bitcoin mining game with a New York broker settling a hashpower contract deal Bitcoin markets slipped today, breaking below the week’s support level at USD 7,000 to fall to a daily …
The sellers’ attempt to get out of the wedge was unsuccessful. The main target of buyers is the range $7600-7800. The critical point of the current growing trend is at $7100. Yesterday’s trading day on Bitcoin market was in the form of a peaceful consolidation and without any sharp moments. During the day, Bitcoin price moved in the narrow range …
