, , , , , ,

Bitcoin Printed This Exact Pattern Prior to 2019’s Explosion to $14,000. It’s Back

On April 1st, 2019, after a brutal Bitcoin bear market that brought the cryptocurrency down by 80% and more, something changed: BTC saw “fireworks” as the price exploded 25% in a single day, marking one of the largest moves for the…
, , , , , ,

Has The Crypto Market Bottomed After Bitcoin’s 50% Collapse?

Bitcoin and the rest of the crypto market didn’t have the best second half of 2019. Per data from TradingView, the aggregate value of all publicly-traded digital assets fell from $388 billion to a low of $166 billion — a drop of nearly…
, , , , ,

Bitcoin Price Will Drop $1,000 Before Seeing Real Bottom: Here’s Why

Bitcoin price is finally exhibiting price action that suggests it could be building a base in which a final local bottom could set. However, according to one crypto analyst, the first-ever crypto asset is likely to take another last-minute $1,000…
, , , , ,

Why Bitcoin’s Plunge to $6,500 Might Have Been the Bottom

Bitcoin has had a crazy past 12 months. Since bottoming at $3,150 on December 15th, 2018, the cryptocurrency has bounced back. Hard. By June, a coin was trading for $14,000 a piece, up hundreds of percent since the year started. Related Reading:…
, , ,

Bitcoin’s Chart Looks Eerily Similar to $3,000 Bottom; Is the Pain Over?

Is the bottom in? Since Bitcoin (BTC) fell precipitously to $6,600 late last month, analysts have been asking if the leading cryptocurrency has finally found a price bottom after a multi-month downturn. According to a number of fractal analyses,…
, , , , ,

Wyckoff Study Suggests Bitcoin Bottom In, Price Could Pass $14,000

For the umpteenth day in a row, Bitcoin (BTC) has bled out. In fact, as reported by NewsBTC on Monday, the cryptocurrency fell as low as $8,000 last trading session, plunging by 5% as bulls failed to step in while bears asserted their dominance. This…
, , , , ,

Bitcoin Bear Flag Could Cause Crypto Asset To Retest February 2018 Lows

As the 2019 parabolic rally came to a close, Bitcoin began to trade within a large, multi-month descending triangle pattern that only just recently broke down after extensive consolidation. According to a popular crypto analyst, the breakdown…
, , , , ,

Bitcoin Price Targets at Bottom Show That Crypto Markets Are Unpredictable

As Bitcoin price inches closer to $10,000, the market is still showing signs of disbelief due to the speed and power at which Bitcoin rose out of the depths of the bear market. No one expected the crypto asset to spike so strongly following…
, , , , ,

Is The Bottom In? Bitcoin Price (BTC) Has Nearly Doubled Since Bear Market Low

The current price action across the crypto market, especially when it comes to Bitcoin, has both bears and bulls alike in disbelief. Following the longest and among the most painful bear markets yet, both sides have become accustomed to rallies…
, , , , , , ,

Analyst: Final Capitulation Could See Bitcoin at $1,800 Before Trend Reversal

Price predictions for Bitcoin have been coming thick and fast recently and some have been more accurate than others. One analyst still predicts a lot more pain for crypto assets and a final capitulation before things start to turn around. Will…