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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....
MARKETS

Ether Price Analysis: China’s ICO Ban May Lead to Further Pull-backs

Bitcoin Schmitcoin -
After Labor Day weekend, many ETH-USD traders were surprised to find a 30% market drop over the course of 3 days. After an initial...
MARKETS

Bitcoin Price Analysis: Breach of Local Top Could Lead Push to $5000

Bitcoin Schmitcoin -
Another day, another all-time high for the BTC-USD markets. Bitcoin has been on a strong bull run since its bottom in the $1800s and,...
MARKETS

Bitcoin Price Analysis: Watching World Events and “Three Pushes to a High”

Bitcoin Schmitcoin -
BTC-USD is up 160% in the 6 weeks since it last bottomed out at around $1800. The $2850 growth marks the sixth week in...
MARKETS

Ether Price Analysis: Bullish Momentum Seems to Be Waning

Bitcoin Schmitcoin -
Early in the summer, the entire crypto market took a sustained, downward move that left ETH-USD dropping in value by approximately 60 percent. At...
MARKETS

Bitcoin Price Analysis: Long and Short Squeezes Shape a Weakening All-Time High

Bitcoin Schmitcoin -
This morning, BTC-USD pushed a new all-time high on several exchanges. However, this time, the momentum to continue higher seems to be waning. Shortly...
MARKETS

Bitcoin Price Analysis: Still More Room at the Top, For Now

Bitcoin Schmitcoin -
While many fear BTC-USD is entering bubble territory, others are calling for even higher price targets. Politics aside, there is a clear push for...
MARKETS

Bitcoin Price Analysis: Post-Fork Exuberance Shows No Signs of Pulling Back (Yet)

Bitcoin Schmitcoin -
Remember that time I said BTC-USD likely won’t see a new all time high (ATH) any time soon? Looks like I was wrong. Shortly...
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