Bitcoin Latest Green Candle Sparks Questions – Is A Real Reversal In Sight?
CryptoWzrd, in his latest daily technical outlook, noted that Bitcoin managed to close in the green, but the candle remains indecisive, signaling that a clear reversal is yet to form. He added that more healthy bullish candles are needed to confirm a shift in momentum. For now, his attention is on the lower timeframes, where he plans to look for the next long opportunity once the current position is secured. Indecisive Daily Close Reflects Market Uncertainty After CPI Data Crypto analyst CryptoWzrd began his analysis by noting the ambiguity in recent price action, stating that the daily....
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With bitcoin in sight of its all-time high, your no-coiner family and friends are sure to be full of questions this holiday season. CoinDesk has the answers you need, courtesy of a few well-placed friends.
A cryptocurrency analyst has pointed out how the Tom Demark (TD) Sequential has just given a buy signal on the hourly XRP price chart. XRP Has Just Witnessed A Bullish Setup On TD Sequential In a new post on X, analyst Ali Martinez has discussed about a TD Sequential signal that XRP has seen recently. The “TD Sequential” here refers to an indicator from technical analysis (TA) that’s used for locating probable points of reversal in any asset’s price. The indicator consists of two phases: setup and countdown. In the first of these, candles of the same polarity (that....
Bitcoin is about to see its next weekly candle close, one that analysts say will be critical. One trader highlighted how this candle will most likely mark Bitcoin’s highest weekly candle since the blow-off top seen at the end of 2017 and start of 2018. The Importance of Bitcoin’s Upcoming Close Bitcoin is about to see its next weekly candle close. In the coming hours, the leading cryptocurrency will print its latest weekly candle. Analysts […]
The month of February was a rocky one for bitcoin but the digital asset had managed to come out ahead in the end. After suffering three long months of red closes, bitcoin has finally recorded its first green month. This is attributed to the rally that began at the end of the month. However, this is not the first time that the digital asset would mark such a trend and past performance helps to speak to what can be expected from here from the cryptocurrency. 1st Green Month Close For Bitcoin Since hitting its peak in November, bitcoin has consistently closed the following three months in the....
Roger Ver, a self-described bitcoin evangelist who renounced his U.S. citizenship and lives in Japan, was recently banned from Reddit for referring to the bitcoin administrator Theymos by his real name, but soon had his account restored. His actions, and those of Reddit, have raised questions in the bitcoin community about how censorship decisions are made in community forums. Comments on Reddit indicated the banned post was up for 12 hours. Much of the Reddit discussion became mired in the debate between the two bitcoin subreddits, r/btc r/bitcoin, a conflict with roots in the bitcoin....