Tag Archives: Bitcoin Prediction

Just yesterday, we had celebrated the goodbye party from the $8000 price level, which held Bitcoin for the past couple of days.Yesterday’s bloody price action ended up in a retest of the significant support area of $7400. The last was the lowest price level of BTC before the vast 42% price surge, which took place on October 26, and ended up touching $10,350.It’s not even a month later, and Bitcoin is down again, no recognition of the October 26 impressive price surge. Bitcoin is now...

Since the massive price drop at the beginning of this week, and for the past three days, Bitcoin is trading a little above the $8000 support area.This $8000 support line is getting its strength from the 78.6% Fibonacci level, along with the mid-term ascending trend-line and the historic price support area of $8000.From the bullish perspective, the fact that the $8K support had held for the last three days might become a ground for a positive correction; however, the bulls anticipating that...

On our recent price analysis, we had discussed the colossal move that was coming up, which should have been the breakout of the wedge pattern that Bitcoin had gone through over the past three weeks.Unfortunately, if you ask the Bulls, Bitcoin broke down violently: The coin had lost $500 from its price on the daily, marking $8010 as its yesterday’s low (Bitstamp).We anticipated this violent move and stated that “if Bitcoin breaks down the wedge around the $8400 support, there is likely to be a...

Over the past days, we saw the Bitcoin price decreasing slowly, but staying steady around the $8700 – $8800 price range.Ignoring the “Bart” pattern price manipulation over the weekend, Bitcoin had been trading at the mentioned range over the past four days.On our recent Bitcoin price analysis, we had mentioned precisely where the positive correction could reach out: “In my opinion, the correction can also reach $9000 – $9100 (Fibonacci levels 61.8% and 78.6%).”As could be seen, the $9150 was...

If you’ve ever watched Bitcoin-related videos on YouTube, you’ve probably gotten to know K-Dub. K-Dub is a 32-year-old from New York who broadcasts live each day on his popular channel Crypto Zombie.Without a doubt, Crypto Zombie is one of the most popular channels around, with an astonishing number of over 90,000 subscribers as of writing this. Every night you can meet him on YouTube, and when I write ‘meet him,’ this really describes his attitude toward his thousands of loyal...