Bitcoin Price Analysis (Week of March 20th)

Bitcoin Price Analysis (Week of March 20th)

The plateaued movement of Bitcoin’s price can’t keep up for long. What outcome is to be expected for BTC/USD this week, and how should one go about catching the trend? The BTC/USD price has been staying between the two weekly resistance lines for the past week. This indicates an almost even distribution of power between the Bears and Bulls. However, at the end of the week, the sellers had the advantage. The buyers didn’t even have enough strength to break through the level of $422.

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Litecoin Price Technical Analysis for 15/3/2015 - Pending Release

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Bitcoin Price Weekly Technical Analysis (2-8 March) - On your marks, get set, go.....!!

Last week, bitcoin price rose from around $260 all the way upwards to print a high of around $294. We predicted during last week's analysis a bullish run, yet we expected the bullish wave to be strong enough to push the price up to $300. The bullish wave that controlled the market last week led to a new rising support level. By studying the 1 hour Bitfinex (BTC/USD) charts from and plotting the 20, 50 and 100 period EMAs accordingly (look at the below chart), we can notice the following: Since the bullish wave started on the 27th of February, we have been witnessing a....

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