Crucial Bitcoin Buy Signal Last Seen at End of July Just Appeared
Bitcoin has embarked on a strong rally over the past few days that has brought from the $9,800 lows to $11,500. This is an over 15% rally that has brought the coin above crucial technical levels. Analysis predicts that Bitcoin is set to continue its surge to the upside. The analysis shows an imminent reversal in the one-day MACD, coupled with Bitcoin moving above a critical moving average. Critical Bitcoin Buy Signal Is About to […]
Related News
The latest Bitcoin uptrend is its most powerful yet, and while momentum has clearly been up for some time, an ominous sell signal has appeared. And while the cryptocurrency has shown little signs of slowdown, the top-sniping signal that perfectly called the 2019 peak is back again. Will this sequence-based signal result in near flawless […]
Bitcoin has seen an immense rally over the past few weeks, rallying as high as $14,100. Bitcoin remains up 25% in the past two weeks. Analysts think that BTC is poised to rocket even higher in the weeks ahead despite a failure to establish $14,000 as support. The cryptocurrency’s 200-day moving average recently set a new all-time high after doing so in May or June of 2018. This bullish signal was last seen in 2016, […]
Bitcoin has undergone a strong rally since the $9,800 lows seen in September. As of this article’s writing, the leading cryptocurrency trades for $11,400. Some fear that this is just a bear market bounce that will result in a reversion to the lows. A crucial technical indicator suggests that this is not the case, that this is a true breakout. In fact, it shows that if Bitcoin moves above $11,500 in the near future, it […]
Litecoin is trading at around $200… still. The altcoin has failed to set a new all-time high like Bitcoin, Ethereum, and others in the top ten have, yet it has clung onto the ranks for its entire lifetime. A signal has appeared – across several of the highest timeframes – that could suggest that the […]
Bitcoin price rallied close to $11,000 after Square announced a $50 million BTC purchase. The number of Institutional investors stepping in to Bitcoin continues to increase and this appears to be inspiring some newfound confidence in Bitcoin price. Just today Square announced that it had purchased 4,709 Bitcoin (BTC) for $50 million.Square is not the only large company to take this action. Recently, MicroStrategy made waves for also announcing a significant purchase of Bitcoin.These news events could be a signal to investors that a new cycle is starting up and bigger parties are showing....