Bitcoin Price Technical Analysis for 24/8/2015 - Pessimism Rules

Bitcoin Price Technical Analysis for 24/8/2015 - Pessimism Rules

In the previous Bitcoin price technical analysis Rebounds, we discussed how the cryptocurrency was erasing the losses for the past week. But, the entire positivity was put to rest over the weekend as bears made a comeback and long positions were fast liquidated at the slightest hint of a pullback. Bitcoin, which is now trading at $227.93, has once again come closer to its important buying interest zone of $220-225. As the price decline has pushed the price closer to its crucial support, market participants may also be factoring in a breach of support this time, but I would recommend....


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Darkcoin Price Technical Analysis for 8/4/2015 - Digging Deeper

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Darkcoin Price Technical Analysis for 7/4/2015 - Under Pressure

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Litecoin Price Technical Analysis for 10/8/2015 - Short, But With a Tight Stop!

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Can Elliott Waves Really Predict the Price of Bitcoin?

Elliott Waves are a popular yet controversial technical analysis indicator. This post will explore the relevance of Elliott Waves for bitcoin trends. Elliott Waves are a technical analysis indicator to predict future price trends. The principles of Elliott Waves are founded on the belief that markets follow predictable sequences of optimism and pessimism. The sequence of a bull market follows the below pattern. A bear market follows an exact opposite sequence. To learn how to apply Elliott Waves,watch this tutorial by DanV, a very popular Trading View bitcoin chartist.