Bitcoin Price Analysis: Buy the Rumor, Sell the News

Bitcoin price continues to deflate after last week’s BTC ETF rejection. By now most traders will want to know whether or not this is a short-term bear trend, or if BTC is returning to the $6k range indefinitely. Market Overview There was a time when the slightest rumor sent tremors through the market and boosted…

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Bitcoin Price Analysis: Bears Take the Bull by the Horns

Bitcoin’s bullish reversal appears to be in peril as bears unexpectedly rocked up and grabbed the bull by the horns. Is today’s pullback caused by current events or are fundamentals impacting Bitcoin price? Weekly Chart 4 Hour Chart Running bulls appear to be halted by bears as a lower high was notched on the weekly chart. A…

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Bitcoin Price Analysis: BTC and Altcoins Were Jumping on the Bed

Bitcoin fell off and bumped its head after strong rejection at $7,684. Bitcoin price analysis, however, shows that former resistance levels are now serving as strong supports as BTC consolidates and prepares for the next leg up. Bitcoin Price Analysis: Market Overview This week encouraging cryptocurrency news keeps on rolling in and a simmering aura…

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Sexy Time for Altcoins? Cardano Price Analysis — Plus ETH, NEO, LTC and BNB

Altcoins continue to tease and play hard to get for the umpteenth week in a row and investors are wondering if alts will cast aside their prudishness and provide a little action. Market Overview Hurry up and wait seems to be the appropriate idiom for explaining how cryptocurrency zealots and investors feel right now. Most…

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Bitcoin Price Analysis: Is this a Relief Rally or a Bullish Reversal?

Bitcoin has recovered nearly 13% after scraping its knees on a new 2018 low, but is the current uptick in momentum just a relief rally or the makings of a bullish reversal? Market Overview After scraping the bottom of the barrel last week, Bitcoin appears to have mustered enough short-term momentum to attempt a bull…

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