Bitcoin Breakout Looks Very Likely
In my opinion, Bitcoin is on the edge of a breakout. On multiple timeframes, and on multiple bull setups, pricetime is on the edge of pushing past arc resistance. There is a lot of room to the upside before the next arcs appear. This one I find quite intriguing. Pricetime is about to push it’s way through 5th arc resistance. It has been clawing it’s way upwards for weeks now. Pricetime met the 5th arc and had every excuse handed to it to fail, but it chose not to. Indeed, it is simultaneously about to clear the 5th arc pair, and apparently also about to get a close above the $780 swing....
Related News
Breakout Gaming is holding its fundraising crowdsale for gaming token Breakout Coin (BRO). The coin is for players to use in Breakout's 88 online gaming casino - only for legal markets. Breakout is both KYC and AML compliant. The BRO coin uses two algorithms, Proof of Work (PoW) & Proof of Bergstake. Bergstake is like Proof of Stake - but not... Sort of. More on that later. Breakout has the backing of poker all-stars Johnny Chan, Huck Seed, Jennifer Harman, Ted Forrest, Todd Brunson and Vladimir Shchemelev. That's over 38 World Series of Poker bracelets in case anyone was keeping score.....
Dogecoin is making waves once again, with bulls stepping up after a key trendline breakout that could ignite a fresh rally. Following a period of sideways movement, the momentum has shifted in favor of buyers, who now have their sights set on the $0.1293 target. This breakout could mark the beginning of a significant uptrend, […]
Breakout Coin, an in-game staking mechanism, cryptocurrency payment and loyalty platform on the Breakout Chain blockchain, will launch a public coin sale at 10 a.m. PDT on Monday, June 13, 2016. The Bittrex cryptocurrency exchange will host the coin sale. A total of 6,627,494 Breakout Coins (BRK) will be offered. Combined with a prior sale and tokens for incentivizing players and gaming sites, the crowd sale will bring the total number of BRK to 19.5 million. The coin sale will run through July 7, 2016, and will be open for trade at the close of sale. Breakout Chain Launches. Breakout....
A recent Coinmetrics report says on-chain fundamentals are hinting at bitcoin experiencing its biggest breakout yet. The report notes that bitcoin is already showing signs of this following its rise by about $1,000 in one day on October 21. The digital asset has subsequently set a new all-time high for the year. A New Precedent While acknowledging the difficulty in predicting bitcoin’s future value due to its notorious volatility, authors of the report insist there is a difference between previous bull runs with the current one. According to their report, “BTC has been growing....
The top ranked altcoin, Ethereum, has broken its all-time high and like Bitcoin’s big breakout, it has attracted more and more participants to the cryptocurrency market. Valuations are rising everywhere, and the total altcoin market cap is on the verge of a life-changing breakout, if history repeats. And given the current momentum and FOMO across […]