BTC/USD – Forecast and Analysis

BTC and XRP – Breakout to be expected shortly, but from which side?

BTC/USD From yesterday’s high at $7592 the price of Bitcoin has decreased by 3.55% as it came down to $7322 at its lowest point today. It’s currently being traded at $7377 which is slightly higher with the price being stuck in a resistance range. On the hourly chart, you can see ...

BTC and XRP – Have we seen a leading diagonal?

BTC/USD From last week’s high at $7860 made on Friday measured to the lowest point the price has been yesterday at $7257.7 we have seen a decrease of 7.67%. The price is currently being traded at $7311.9 slightly higher then yesterday but is mostly hovering around the same horizontal ...

BTC and XRP – Impulsive move to the upside invalidated

BTC/USD From yesterday’s open when the price of Bitcoin was $6618, we have seen a recovery of 11.8% today as the price came up to $7405 at its highest point today. Last week we have seen interaction with the 0.786 Fib level and the descending triangle’s support level which was the ...

BTC and XRP – Has the correction ended?

BTC/USD The price of Bitcoin has decreased by 5.64% from yesterday’s open at $8568 as it’s currently being traded at $8089. The price is still in a downward trajectory as the downtrend from the 4th of November hasn’t still developed fully. On the hourly chart, we can see that ...

BTC and XRP – Still in a decline which is most likely a corrective one

BTC/USD From yesterday’s open at $9095 the price of Bitcoin has depreciated in value by 5.25% as it came to $8617 at its lowest point around which the price is currently being traded today. Looking at the hourly chart we can see that the price is retesting the descending triangle’s ...

BTC/USD and XRP/USD moving sideways

BTC/USD From yesterday’s low at $9160 the price of Bitcoin increased by 3.78% measured to the hourly candle close at its highest point today which is at around $9500. Since last Wednesday when the price came just below the 1 Fib level we have seen the formation of an ascending channel and ...

BTC and XRP – Bullish price action is likely to continue

BTC/USD From last week’s low at $7367 the price of Bitcoin increased by 42.44% spiking to $10494 at its highest point on Saturday. Since then we have seen a retracement developing with the price currently being at its median point at around $9500. On the hourly chart we can see that the ...

Best Cryptocurrency to Invest – 2019 Edition

Cryptocurrencies appeared out of nowhere, and their growing popularity took many by surprise. The early believers made and lost fortunes then made and lost them again, due to the extreme volatility governing the industry. Lately, the cryptocurrency market calmed a bit, signaling a more mature ...

BTC/USD and XRP/USD showing sings of bullishness

BTC/USD Last Friday, the price of Bitcoin has been sitting around $7913 at its lowest point as it was in a downtrend all throughout last week. But since the price retested the 1.272 Fibonacci level it started increasing again and managed to recover by 4.72%, coming to $8300 at its highest point ...

BTC and XRP – Are we seeing the start of the recovery?

BTC/USD From last Monday when the price of Bitcoin was sitting at $7805 at its lowest point we have seen an increase of 12.73% measured to the highest point made on Friday which was at $8805. Since then the price started decreasing again and is currently sitting at $8333 and is now moving ...