Bitcoin Price Technical Analysis for 8/3/2015 - Saddling Up!

Bitcoin Price Technical Analysis for 8/3/2015 - Saddling Up!

Bitcoin price resumed rising yesterday to score a high of around $280. March's bullish trend is gaining strength and it is becoming more evident that bitcoin price is heading towards the $300 mark. The charts are conveying clues that signal that we can see the price increase to $290 within the next 24 hours. By examining the 4 hour Bitfinex (BTC/USD) chart from tradingview.com and plotting the William's Alligator indicator (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 repetitive pattern that....


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Bitcoin Price Technical Analysis for 30/12/2015 - Surges to Near Year-End Target

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Bitcoin Price Technical Analysis for 25/12/2015 - A Quiet Christmas for Bitcoin?

The Christmas isn’t turning out to be merry for Bitcoin. The cryptocurrency is struggling near the overhead resistance of $465. It is now trading 1.28% lower at $450.89, raising concerns that the market participants might pull out their funds in the holiday season. As a result, several technical indicators are also showing declines. We advised in the previous Bitcoin price technical analysis Target Achieved that traders should book at least partial profits in their long positions. And for today’s analysis, we will again be using the 4-h BTC-USD price chart from BITSTAMP.

Litecoin Price Technical Analysis for 2/11/2015 - Gully Bulls

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Bitcoin Price Technical Analysis for 29/12/2015 - A No Trade Market

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Bitcoin Price Technical Analysis for 14/2/2015 - Ride the Lightning!

Bitcoin price continued rising today and the market's buying power pushed the price up to a high of $258.92. At the time of my writing of this analysis, bitcoin price is testing the $256 resistance level. By studying the 1 hour Bitfinex (BTC/USD) chart fromtradingview.com and drawing a horizontal line across the $256 resistance/support level (look at the below chart), we can notice that on the 26th of January 2015, bitcoin price exceeded $300. We can also note that the price didn't face any support all through the way from $300 down to $256. Oppositely, as bitcoin rises above $256, it will....