Daily Bitcoin Price Analysis: Pulse Rise of Bitcoin Continues
Yesterday the BTC/USD trading pair tried to gain a foothold at the level of $420 but failed. In the evening, we saw a pullback to $405. Today, we expect the publication of data on initial applications for unemployment insurance in December from the US. While tomorrow, the US will publish data on retail sales, which are expected to be positive. Publication of this information will increase the pressure on Bitcoin, and at the time of this news release, we may see some volatility in the market. In general, the Bitcoin price maintains on an upward trend, while the goal of $500 remains a....
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Following ten months of downtrend and a decline low of $275 the price of Bitcoin is back above $400 and advancing steadily. CCN has been following the decline on a daily basis and our analysis called the bottom at $275 last Sunday. Be sure to stay tuned to CCN for blow-by-blow Bitcoin price analysis and daily target updates. The Bitcoin price's return above $400 is a sign that traders are confident in Bitcoin again. The advance from $275 looked like it would inevitably turn down - as it had on so many previous occasions during the decline. However, last night price touch the critical $400....
Litecoin price is in a corrective stage after a recent deep falling. The price move stopped at about $3, and wants to make an ascending movement to 3.20. However, it won’t be easy, as it must first break through the level of $3.10, but the triangle of the technical analysis presses it down to $2.90. Now it can only hope for Bitcoin to rise as LTC:BTC exchange rates can't overcome the level of 0.008 anyway. DASH continues its correctional movement as well. The next target is the level of 0.01. The movement is strong therefore soon it is hardly worth expecting the price going higher than....
Pulse DeFi LTD Is a new London-based platform for digital token farming, staking, lending and borrowing. It provides a full range of services that can replace the old established financial system, but with decentralization at the forefront. Pulse DeFi LTD Wants You to Be Able to Trust the Economy Again At the top of the homepage of Pulse DeFi LTD stands a single quote, attributed to the inventor of bitcoin, which explains the main drive behind the platform: “The root problem with conventional currency is all trust that’s required to make it work. The central bank must be....
Serum (SRM) has struggled against tether (USDT) in recent weeks, rising above $0.8 as the price of Serum (SRM) remains range-bound. For weeks, the price of Bitcoin (BTC) fluctuated between $19,500 and $20,000, with the price stalling on the next movement. Most altcoins, including Serum, have been affected by this choppy movement (SRM). (Source: Binance) Related Reading: Polkadot Watch: Will DOT Succumb To Sharp Sell-off In Next Few Days? Serum (SRM) Price Analysis On The Weekly Chart The price of SRM has had difficulty replicating its recent bullish move, which saw the price rally to $3.5....
This is part of a larger presentation I did at Coinagenda. See the complete slides here. I encourage everyone to quickly go through the slide deck to check the pulse of the global economy. The macro environment looks like one of deflation rather than the inflation that central banks were trying to create. These charts show failed global central bank policy. In this presentation I use simple technical indicators: the 50, 100, & 200 day exponential moving averages for the daily charts and weekly charts and the Relative Strength Index. The reason why is because the charts really speak for....