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Price analysis

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Bitcoin Price Analysis: Bitcoin’s Parabolic Envelope Could Push to $8000s

Bitcoin Schmitcoin -
The parabolic trend bitcoin has seen over the last two years is approaching a very aggressive level that could make bitcoin see aggressive price swings in the coming weeks.
MARKETS

Bitcoin Price Analysis: Signs of Divergence May Point to Potential Distribution Phase

Bitcoin Schmitcoin -
After bouncing back and forth from $5100 to $6100, BTC-USD managed to squeeze out one more (albeit short-lived) all-time high. This article is going...
MARKETS

Bitcoin Price Analysis: Potential Wyckoff Distribution May Spring New All-Time Highs

Bitcoin Schmitcoin -
A potential Wyckoff Distribution phase is under way as bitcoin continues to climb on shaky ground. Days after having a strong $1,000 climb and...
MARKETS

Ether Price Analysis: Eve and Adam Could Be Turning Back the Bulls

Bitcoin Schmitcoin -
Since bottoming out around $200, ether has spent several weeks bouncing back and forth inside an ascending channel:Figure 1: ETH-USD, 4-Hour Candles, Ascending ChannelFor...
MARKETS

Bitcoin Price Analysis: Bitcoin Rally Shows Strength for Continued Growth

Bitcoin Schmitcoin -
Today, bitcoin reached a new all time high as it rose by $500 in just a few short hours. At the time of this...
MARKETS

Bitcoin Price Analysis: There May Still Be Some Life in These Exhausted Bulls

Bitcoin Schmitcoin -
Over the last week, the BTC-USD market has seen some major price swings. At one point, the price nearly reached $4500 only to see...
MARKETS

Bitcoin Price Analysis: BTC Makes New Highs as the Market Tests Historical Support

Bitcoin Schmitcoin -
Throughout the weekend and continuing into the early week, BTC-USD saw a strong rally that brought the price from $3500s to prices in the...
MARKETS

Bitcoin Price Analysis: Amid Continuing China Rumors, BTC Fails to Break Key Resistance

Bitcoin Schmitcoin -
When it rains, it pours. Last week, news began to hit the crypto community that China was taking harsh measures to reign in their...
MARKETS

Bitcoin Price Analysis: How Rumblings From China Play Into Wyckoff Distributions

Bitcoin Schmitcoin -
With China coming down heavily on crypto exchanges, we are seeing a familiar pattern emerge in the bitcoin market.
MARKETS

Bitcoin Price Analysis: Crucial Tests of Historic Support Could Lead to Further Pullbacks

Bitcoin Schmitcoin -
This week’s BTC-USD price recap:Following a $700 drop, BTC-USD managed to find a bottom around $4200 before entering into a 4-day long consolidation pattern....
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