Tag Archives: btc price

Photo: ShutterstockBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Technical analysis of the BTC/USDA massive attack may kill the BTCBitwise is counting on a positive decision of the SEC on the Bitcoin ETFOn W1, the Bitcoin keeps declining inside a correctional channel. The quotations are currently returning to 50.0% Fibo. A breakaway of the resistance level at $9850.00 may signal the end of the correction and the beginning of a new impulse of growth to the maximum of $13857.20, upon...

Photo: ShutterstockBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD Tech AnalysisBTC demonstrates the worst result of all cryptocurrencies this weekBank of Canada thinks the BTC to be inefficientOn W1, the Bitcoin quotations have escaped the Triangle and keep declining inside the correction channel. Now, the quotations are between 50.0% and 61.8% ($7350.00) Fibo and may continue declining to 76.0% ($5860.00). A breakaway of the resistance level at $9850.00 may signal the end of the...

Photo: ShutterstockBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisThe capitalization of the crypto market has fallen by $35 billion overnightThe BTC hashrate has returned to its standard values after a slumpFrench shops are beginning to accept the Bitcoin for paymentOn W1, the Bitcoin has completed the correction in the shape of a Triangle: the strong declining impulse has broken through the former support while the present dynamics is acquiring the shape of a classic...

Photo: ShutterstockBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysis.Launch of the BTC futures postponed again.The BTC price dropped to zero due to a technical problem.On W1 of the Bitcoin we can see a prolongued correction. The pattern still looks like a Triangle but is promising to turn into a descending channel. A breakaway of the resistance line may signal the end of the correction and the start of a new wave of growth. Securing above $11350.00 may confirm further...