Month: August 2018

Bitcoin Today (31.08.2018)

Category: Analytics

Yesterday Bitcoin didn’t manage to withhold the 7000 level and went down into a correction. Later BTCUSD lowering was stopped by 6800 support, the price even showed a rapid comeback to the 7000 but did not manage to gain enough power to break above it. Read more »

Bitcoin Today (30.08.2018)

Category: Analytics

As we expected 7000 – 7300 zone showed its resistive manner and pushed the price downwards, sending it into a lateral movement along the 7000 level.Read more »

Bitcoin Today (29.08.2018)

Category: Analytics

One more day presented us with one more breakthrough, continuing the local bullish trend. It is worth noticing, that due to rather low volumes and relatively low momentum this uptrend looks more like a correction to the oversold market, as like there were no one willing to sell on these levels so the market went upwards to gain more volume. Read more »

Bitcoin Today (28.08.2018)

Category: Analytics

Monday went much better than expected and the price broke above Bearish Trend Line at the end of the day. Then BTCUSD went above 6800 resistance and now trading on the 22 August high – 6900. Read more »

Bitcoin Today (27.08.2018)

Category: Analytics

Friday pleased us with a bullish breakthrough above 6600 resistance, and even more, the price managed to hold out at new levels throughout the weekend. Read more »

Bitcoin Today (23.08.2018)

Category: Analytics

As we expected yesterday, the price went back below the 6600 level, into the 6250 – 6600 channel. 6000 – 6250 zone is still showing its resistive manner as we see how the fall stopped on the 6300, but the overall market looks bearish right now.Read more »

Bitcoin Today (22.08.2018)

Category: Analytics

Bitcoin price jumped by as much as 7% almost instantly at around 1:00 UTC today. Many connect the movement to BitMex shutdown, as it was giving a huge arbitrage opportunity to traders. Read more »

Bitcoin Today (21.08.2018)

Category: Analytics

The price continues to fluctuate inside the 6250 – 6600 channel, high selling volume at the end of the day brought BTCUSD to the 6250 level but quickly found a support and all selling volumes were closed near the 6250.Read more »