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BITCOIN PRICE: 8,831.50     HIGH: 9,175.00     LOW: 8,647.29

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Blockchain Nation Miami • April 25-26, 2018

Blockchain Nation Conference an event organized by Crypto World Journal provides a unique platform to learn about the latest trends,…

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Category: Price Analysis

Weak Resistance Near $9000 Suggests Bitcoin Will Break Psychological Level by April 24

Category: Bitcoin, Price Analysis

Weak Resistance Near $9000 Suggests Bitcoin Will Break Psychological Level by April 24

Bitcoin (BTC) has galvanized on recent gains, testing the $9,000 handle multiple times over the past 36 hours. The window of opportunity for bulls is short, but it looks likely we will see a major buy signal given by April 24 for BTC-USD. The daily chart below shows that BTC-USD’s trend change was confirmed on April 14, with the market…

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Bitcoin Price Breaks Through $7000, Surges $1000 in Under 60 Minutes

Category: Bitcoin, Commentary, News, Price Analysis

Bitcoin Price Breaks Through $7000, Surges $1000 in Under 60 Minutes

The price of bitcoin has displayed a massive surge on April 12, breaking through the $7000 barrier with ease and reaching a fresh high for the month of April at $8069.34. At the time of writing, bitcoin has been tempered to $7699.68 on the Bitstamp exchange. The 15-minute chart below shows how BTC-USD broke through $7000 and advanced more than…

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Monthly Close Below $7800 Means More Pain for Bitcoin Bulls

Category: Bitcoin, News, Price Analysis

Monthly Close Below $7800 Means More Pain for Bitcoin Bulls

Bitcoin has experienced a terrible first quarter in terms of price growth, down around 50 percent on 2018’s open. On March 29, the price slid below $7,500 revisiting lows from early March. With the price breaking below $7,799.96 on the Bitstamp exchange, the market is now devoid of any significant support until $5,920.72 (2018’s low) and $4,996.65 (23.6 percent Fibonacci…

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Vertcoin Insulated from Cryptocurrency Market Downturn on Mar. 22

Category: Altcoins, Commentary, News, Price Analysis

Vertcoin Insulated from Cryptocurrency Market Downturn on Mar. 22

Vertcoin has posted gains, insulated from a wider cryptocurrency market downturn, with bitcoin and other major altcoins down more than three percent on March 22. There are a few technical indications that the next 4-hour/daily sessions are ones to watch for a major trend reversal in vertcoin (VTC). Vertcoin has tested the 0.000300 barrier against bitcoin (BTC), the highest in…

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Bitcoin Price Analysis: Break of $8,500 Opens Up $9,500

Category: Price Analysis

Bitcoin Price Analysis: Break of $8,500 Opens Up $9,500

Bitcoin has reacted positively to news coming out of the G20 meetings that there will be no regulation of cryptocurrency markets. The price of bitcoin has recovered from the lows below $8,000 to trade above $8,500 on March 20. There is a strong likelihood that the bullish move in the market is galvanized, with an attempt at $9,500 on the…

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Grim Reaper Bear Report: Will Bitcoin Bottom Out Near $4,000?

Category: Bitcoin, Commentary, News, Price Analysis

Grim Reaper Bear Report: Will Bitcoin Bottom Out Near $4,000?

So over the past few weeks, we’ve all been tracking down bitcoin and throwing out different theories and charts that we as traders and experts believe will dictate where bitcoin is going to go next. In the author’s humble opinion, one of the most overlooked charts is bitcoin on the weekly chart. When looking at the weekly chart, the forecast…

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Bitcoin Price Analysis: March 11, 2018

Category: Price Analysis

Bitcoin Price Analysis: March 11, 2018

As established prior, it definitely appears as though a Double-Top pattern has emerged for bitcoin. This pattern is visible on just about every timeframe from 4 hours on upward. What can be seen currently on the 12-hour chart is the consistent retesting of that neckline point at $9,500. See below for an illustration of where the neckline of BTC-USD is…

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Litecoin Price Analysis: March 9, 2018

Category: Price Analysis

Litecoin Price Analysis: March 9, 2018

So, from jump on the LTC-USD 4-hour chart, it looks like the price of litecoin broke downward instead of up. Obviously, this is due to the steep downturn within the market after BTC shit the bed on March 6. Currently, on that same chart, the next real support point would be at $156. Since LTC-USD just sort of shot up…

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Ethereum Price Analysis

Category: Price Analysis

Ethereum Price Analysis

The ETH-USD 1-day chart is displayed below and from the onset, we see a lot of consolidation over the last few days. Looks like it’s right against that downward trendline from when it hit up around $1300. Pink box is the distance between the price and the downtrend line. So, as you can see there’s definitely some distance here (logarithmic…

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Litecoin Price Analysis: Eyeing $250?

Category: Price Analysis

Litecoin Price Analysis: Eyeing $250?

So, there hasn’t been too much of a development since the last time that we covered Litecoin (LTC). Overall, as expected, there was a big price rise leading into the LitePay launch, but as stated – that run needed some time to cool off and that’s why the author originally advocated staying at bay for this coin. Let’s take a…

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