Forecasts & Analysis | Crypto
Bitcoin and Ethereum Price Forecast – BTC Prices Shoot Higher Before Correcting
We had mentioned in our forecast on Friday that the bitcoin prices seemed to have completed their phase of correction and consolidation after the hard fork and that it would be the ideal time for the market to try for another all time high. Also, we had said that with
Bitcoin and Ethereum Price Forecast – BTC Getting Ready For Another High
It did not take long for the bitcoin industry to recover from the fork and find its mojo once again. There were a few who feared that the hard fork leading to the creation of bitcoin gold could affect the main bitcoin market and could lead to a prolonged phase
Bitcoin aims for new all time highs. EURUSD waits with trading signal for the ECB
Bitcoin breaks the 5770 USD and triggers the buy signal which should aim all-time highs. That movement was expected as we were inside of the wedge pattern (bullish) and the price bounced from the long-term up trendline connecting higher lows since the middle of September.USDCAD uses buy signal from both:
Bitcoin and Ethereum Price Forecast – BTC Prices Begin Journey Higher
The bitcoin prices have begun to move higher over the last 24 hours at the end of the hard fork which led to the birth of bitcoin gold. This is something that we had mentioned in our forecast yesterday where we had said that the correction seen in the bitcoin
Bitcoin and Ethereum Price Forecast – BTC Market Ready for Fork
The bitcoin prices continue to trade lower during the course of the last 24 hours though they have managed to hold the support region around $5000 for now . The weakness in the prices can be attributed to the hard fork that is scheduled to happen today which will lead
Three good trading setups: Crypto, Forex and Index
Today we do have three different asset classes. First, we will start with the cryptocurrency, the Bitcoin against the USD. We can see that the price broke below the 5770 USD support (grey), which opens the way to the mid-term up trendline (black). Even with that, the main sentiment remains
Bitcoin – What Happens Now?
Wow – what a week! On Friday, Bitcoin zoomed up past the $6000 level, after worrying everybody it was going to slide back down again just as quickly. A look at the weekly chart shows the apparent strength of its current behavior.Bitcoin Weekly ChartEverything on the chart is pointing upwards.
Bitcoin – 6000 Plus, what’s next?
Bitcoin (BTCUSD) crossed the 6,000 mark for the first time on Friday for a short, fresh peak taste and is now retesting the 5,800 breakout region.Bitcoin 4H ChartThe No’ 1 cryptocurrency is heavily traded between 5,400 and 5,800 with “just” 400 points up and down glitches since Friday.Note that in the next
Bitcoin and Ethereum Price Forecast – BTC Prices Under Pressure
Bitcoin prices have been generally lower over the last 24 hours as the prices have reversed a move through the $6000 region and now trade above $5600 as of this writing. This weakness in the bitcoin prices along with consolidation is expected to continue in the short term but with
Bitcoin and Ethereum Price Forecast – Bitcoin Prices Follow Pattern
The bitcoin prices corrected lower over the weekend and have been consolidating today, which is an expected reaction after the prices broke higher through the $5800 and then the $6000 region over the last week and went as far high as $6200 on Friday. So, as is the case with