Tag Archives: Reports

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisThe application for launching the ETF for the BTC called back againCME Group started trading options for the BTCOn W1 of the Bitcoin, there begin ascending dynamics after a breakout of the resistance line of the 6-months descending channel. It is too early to say this impulse can renew the high. First of all, we should consider a move to the long-term resistance line at $11500.00. All said above, the Stochastic and MACD...

Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.The market may be returning to an uptrend. The Bitcoin demonstrates confident growth, executing a reversal pattern. The aim of the growth may be the area near $12400. Other coins are also trying to rise. The leader here is the Bitcoin SV that has escaped a flat. As a rule, at such moments the...

Management consulting and research firm Everest Group has released a new market report focusing on the future of blockchain. The report, entitled “BigTech Battle: Assessing Managed Blockchain Platform Readiness for Enterprise Use,” addresses a number of major players developing blockchain projects, including Hewlett Packard, IBM, and Microsoft.The report cites Jelurida’s Ardor blockchain-as-a-service platform, alongside Multichain’s Enterprise, as two technologies with favorable ease of...

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Tech analysis of the BTCThe BTC may grow in price due to the US vs. Iran conflictIn ten years, the profitability of the BTC has been many times higher than that of Gold and S&P 500.On D1, speaking about the long-term moods of the cryptocurrency, there has been a pullback to 50.0% Fibo related to the previous declining wave after a convergence on the MACD. Also, the correctional dynamics have let the market test the resistance area at 50.0%...

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.ETH/USD price technical analysisMost ETH holders keep losingThe ETH hardfork may happen on January 1stOn W1, there is still a declining wave developing to the low of $80.86. The interim and local support area is the psychological level of $100.00. The resistance is at $163.00. The MACD and Stochastic support the idea of declining.On D1 the quotations keep moving inside the channel, which may support the bearish confidence. The aim of the...

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisThe liquidation of PlusToken assets could drop the BTCOnly BTC survives – CNBCOn W1, the Bitcoin dynamics are even inside the current descending channel. The quotations are aiming at the long-term minimum of $3121.90. The resistance is at $8500.00.On the MACD and the Stochastic, there is a Black Cross in the red area of the first one and a Black Cross and an escape from the overbought area on the second one. These signals...

Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.As we see, on D1 of the Bitcoin there is a reversal Wedge pattern forming, promising a reversal and an attempt of growth rather soon. For the bulls, it is important to secure above $7670, which will confirm the development of an uptrend.What is more, similar patterns are forming on the charts of...

In the modern world with an incredibly high level of technological development more and more people use tech benefits in building their careers. Instead of daily commuting to and from work, they choose to freelance. Some are quite skeptical about such a way of earning money and believe that freelancing is more about something you do when you can not get a real job. However, they are wrong, and we are going to prove it.Freelancing is a fast and affordable way to start earning an income from...

By Dmitriy Gurkovskiy, author of RoboForex Blog.ETH/USD tech analysisETH outplayed the BTC in the new crypto ratingIstanbul hardfork did not influence the ETH priceOn W1, the situation remains the same: the market is forming a descending impulse to the minimum of $80.86. In a longer perspective, the main goal of the predominant trend should be the psychological minimum $10.0.On the MACD and Stochastic, further decline is also confirmed. However, care should be taken on the market and all...

Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.Judging by the charts of the main crypto instruments, the bears are still at the wheel. However, it should be noticed, that the angle of the decline is becoming less and less steep every day, which means a certain weakening of the trend. The picture on the charts may be hinting that the long but...