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02/07/20 12:24 by Nick Chong
This Eerie Nasdaq Fractal Predicts Bitcoin Will Rocket to $15,000 in 2020
In May and June, Bitcoin sustained multiple consecutive rejections at $10,000.
Every time the cryptocurrency surpassed that level, the rally was quickly stopped by sellers. The chart below from Blockr... Read More
27/06/20 10:15 by Nick Chong
Bitcoin Last Flashed This Signal After the Crash to $3,700. It’s Almost Back
Bitcoin has acted weak over the past few days, falling as low as $8,950 as touching $9,800 on Monday. Yet there are technical signals suggesting that a bull trend is soon to appear.
One signal that wa... Read More
20/06/20 23:00 by Nick Chong
Bitcoin Is Still Tracing a Textbook Pattern Predicting a Crash to $8,000
It’s clear that Bitcoin is building towards a breakout. The cryptocurrency has converged towards supports in low-$9,000s, with volatility reaching multi-week and multi-month lows.
Unfortunately ... Read More
18/06/20 12:00 by Nick Chong
There’s a 77% Chance Bitcoin Rallies Out of Its Range: Historical Analysis
The biggest question on the minds of Bitcoin investors is if the range the cryptocurrency has been stuck in will break to the upside or downside.
For almost two months now, the leading cryptocurrency ... Read More
10/06/20 13:50 by Nick Chong
Even as Bitcoin Pushes $10,000, Textbook Pattern Predicts 30% Drop: Analyst
Even after a strong rejection at $10,400 last week, Bitcoin has held in the high-$9,000s ever since. As of the time of this article’s writing, BTC is trading for $9,800, seemingly poised to br... Read More
09/06/20 19:30 by Tony Spilotro
Dump Incoming? Bitcoin Price Action Matches Wyckoff Distribution Model
Bitcoin price has been consolidating after its last strong push higher for over forty days now. After many attempts to break up through $10,000, each rejection has caused the price action to closely r... Read More
06/06/20 06:00 by Nick Chong
Textbook Wyckoff Analysis Shows Bitcoin Is About to See a Brutal Drop to $7,000s
Since plunging as low as $8,600 earlier this week, Bitcoin has mounted a strong comeback that took prices as high as $9,900 on June 4th and 5th.
The more than 10% bounce has convinced many traders of ... Read More
08/12/19 21:00 by Nick Chong
Wyckoff Schematics Suggests Bitcoin Bottom Not In at $6,600: Analyst
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 downtur... Read More
03/12/19 19:00 by Tony Spilotro
Chainlink Peak Mimics Wyckoff Distribution Schematic, Altcoin Selloff Could Accelerate
The cryptocurrency altcoin known as Chainlink has had a banner year, bringing investors in the project gains of over 1,100% from trough to peak.
However, a violent selloff has begun in the asset, with... Read More
19/11/19 13:00 by Nick Chong
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 ... Read More
18/11/19 19:00 by Tony Spilotro
Chainlink 2019 Gains in Danger, Massive Transfer of Wealth Incoming?
The crypto asset known as Chainlink or LINK, has been the talk of the cryptocurrency market for much of 2019.
The asset has strongly performed even while other altcoins struggled, and often outperform... Read More