After the massive $1,200 candle five days ago, bitcoin is struggling to continue the gains. Litecoin is trading mostly range-bound as well.
No Follow-through for Bitcoin
Bitcoin prices are having a hard time making headway during the past five days. We saw a new high of $8,425 on Sunday but this was quickly sold into by the bears. We are currently quoted at $8,097 dollars, only $10 above the highs made during the huge 40 minute candle, read more HERE.
Read more: https://blog.fxopen.com/bitcoin-struggles-to-continue-gains/
Topic: Cryptocurrency Analytics from FXOpen - page 20. (Read 42644 times)
It’s been a good day for almost all crypto-currencies today, especially vs the U.S. Dollar. The gains were driven higher by a surge in the value of bitcoin. As usual, litecoin followed BTC higher and closed the day up by 13 percent.
Bitcoin Back in Range After Spike
Bitcoin prices surged from $6,859 to $8,069 dollars today, a gain of 17.64 percent. We are currently quoted a bit below the highs at $7,897 dollars per coin. But what’s even more astounding is that the spike happened during the span of forty minutes. No major news can be pinned to the sudden buying as of yet.
Read more: https://blog.fxopen.com/bitcoin-altcoins-surge-higher/
Bitcoin Back in Range After Spike
Bitcoin prices surged from $6,859 to $8,069 dollars today, a gain of 17.64 percent. We are currently quoted a bit below the highs at $7,897 dollars per coin. But what’s even more astounding is that the spike happened during the span of forty minutes. No major news can be pinned to the sudden buying as of yet.
Read more: https://blog.fxopen.com/bitcoin-altcoins-surge-higher/
Both Ether and Dash saw new lows this week, with prices bottoming out at 0.05240 BTC and 0.04077 BTC respectively. Since these lows we’re seeing somewhat of a bounce for both altcoins but more on that later.
Ether Downtrend Still in Force
The downtrend for ETH/BTC continues for another week. Right now the crypto is trading at 0.05430 per BTC, around 4 percent off the lows.
Read more: https://blog.fxopen.com/more-losses-for-ether-dash-2/
Ether Downtrend Still in Force
The downtrend for ETH/BTC continues for another week. Right now the crypto is trading at 0.05430 per BTC, around 4 percent off the lows.
Read more: https://blog.fxopen.com/more-losses-for-ether-dash-2/
Bitcoin fell to new lows last week as the downtrend continues. Prices dropped to $6,420 dollars per coin before a temporary bottom was found. On LTC/USD a low of $108.44 was hit before prices recovered somewhat.
Bitcoin Bounces From Lows
Bitcoin is quoted at $7,378 dollars right now, a gain of 15 percent from the lows. However, this bounce is still very much in the realm of ‘dead cat’, as counting from the start of March bitcoin is down by 29 percent.
Read more: https://blog.fxopen.com/bitcoin-bounces-from-lows/
Bitcoin Bounces From Lows
Bitcoin is quoted at $7,378 dollars right now, a gain of 15 percent from the lows. However, this bounce is still very much in the realm of ‘dead cat’, as counting from the start of March bitcoin is down by 29 percent.
Read more: https://blog.fxopen.com/bitcoin-bounces-from-lows/
Litecoin Falls After Litepay Fiasco
Litecoin prices were the big mover during the past week as the crypto got aggressively sold. To be fair part of this was caused by bitcoin losses, big brother lost 10 percent of its value since last Tuesday. Altcoins tend to follow bitcoin prices.
Bitcoin Down 10 Percent
Bitcoin is down by close to 10 percent since our last update, from $8,839 to $7,948 dollars right now. The downtrend noted in last week’s article remains in place for BTC/USD.
Read more: https://blog.fxopen.com/litecoin-falls-after-litepay-fiasco/
Litecoin prices were the big mover during the past week as the crypto got aggressively sold. To be fair part of this was caused by bitcoin losses, big brother lost 10 percent of its value since last Tuesday. Altcoins tend to follow bitcoin prices.
Bitcoin Down 10 Percent
Bitcoin is down by close to 10 percent since our last update, from $8,839 to $7,948 dollars right now. The downtrend noted in last week’s article remains in place for BTC/USD.
Read more: https://blog.fxopen.com/litecoin-falls-after-litepay-fiasco/
The downtrends in ETH/BTC and DSH/BTC continue for another week. Ether is down over 16 percent versus BTC since last Thursday while Dash is down by a smaller 6 percent.
Ether Drops 16 Percent
Ether has dropped over 16 percent in the past seven days and is currently quoted just below the 0.06 round figure. The altcoin has been in a persistent downtrend versus bitcoin since the middle of February, losing over a third of its value during this time. Support below can be found at the latest swing lows around 0.059 and the 0.06 round figure. This is followed by the 0.05405 swing low and the 0.05 BTC round figure.
Read more: https://blog.fxopen.com/downtrends-in-ether-dash-persist/
Ether Drops 16 Percent
Ether has dropped over 16 percent in the past seven days and is currently quoted just below the 0.06 round figure. The altcoin has been in a persistent downtrend versus bitcoin since the middle of February, losing over a third of its value during this time. Support below can be found at the latest swing lows around 0.059 and the 0.06 round figure. This is followed by the 0.05405 swing low and the 0.05 BTC round figure.
Read more: https://blog.fxopen.com/downtrends-in-ether-dash-persist/
During the past three days there was a strong bounce in both bitcoin and litecoin. Bitcoin hit a low of $7,287 on Sunday before rallying all the way to $9,020 today. Litecoin was sold to $136.31 before it recovered to hit a high of $172.51 earlier.
Bitcoin Bounces but Downtrend Remains
After large losses of over $2,000 last week BTC/USD hit a high of $9,020 today. Softer tones on crypto regulation from the G20 helped to ease investor sentiment somewhat. During the weekend Mark Carney, the head of the Financial Stability Board, said that ‘crypto-assets do not pose risks to global financial stability at this time’ citing the relative size of the overall market cap.
However a later mention in the G20 communique pledged to apply money laundering and terrorist financing standards to cryptocurrency. The G20 also called for more information and recommendations on crypto regulation by July.
Read more: https://blog.fxopen.com/strong-bounce-for-bitcoin-litecoin/
Bitcoin Bounces but Downtrend Remains
After large losses of over $2,000 last week BTC/USD hit a high of $9,020 today. Softer tones on crypto regulation from the G20 helped to ease investor sentiment somewhat. During the weekend Mark Carney, the head of the Financial Stability Board, said that ‘crypto-assets do not pose risks to global financial stability at this time’ citing the relative size of the overall market cap.
However a later mention in the G20 communique pledged to apply money laundering and terrorist financing standards to cryptocurrency. The G20 also called for more information and recommendations on crypto regulation by July.
Read more: https://blog.fxopen.com/strong-bounce-for-bitcoin-litecoin/
Both Bitcoin and Litecoin are back in a downtrend after recent losses. Since our last update, BTC/USD declined by over $2,000 and is currently quoted at $8,290 dollars per coin. Litecoin is down by $30 dollars to $165 dollars.
Bitcoin Falls Over 20 Percent
Bitcoin has lost over 20 percent of its value during the last ten days. With the break below the $9,211 level, BTC re-entered a bear market on the daily charts. After that breakdown, we saw a substantial decline to $7,656 dollars yesterday. Since then prices bounced back a bit but this seems to be a dead-cat rally.
Read more: https://blog.fxopen.com/bitcoin-litecoin-back-in-downtrends/
Bitcoin Falls Over 20 Percent
Bitcoin has lost over 20 percent of its value during the last ten days. With the break below the $9,211 level, BTC re-entered a bear market on the daily charts. After that breakdown, we saw a substantial decline to $7,656 dollars yesterday. Since then prices bounced back a bit but this seems to be a dead-cat rally.
Read more: https://blog.fxopen.com/bitcoin-litecoin-back-in-downtrends/
BTC/USD analysis
BTC/USD broke support zone
Next sell target – 8000.00
BTC/USD continues to decline after the earlier breakout of the support zone lying at the intersection of the following support levels: 38.2% Fibonacci retracement of the previous medium-term upward impulse (1) from February and the support level 9430.00 (which stopped the short-term A-wave of the active medium-term ABC correction (2) from middle of February. The breakout of this support zone strengthened the already strong bearish pressure on this instrument – which is indicated by the accelerating downward movement on the daily Momentum indicator.
Read more: https://blog.fxopen.com/btcusd-and-ltcbtc-cryptocurrency-technical-analysis/
BTC/USD broke support zone
Next sell target – 8000.00
BTC/USD continues to decline after the earlier breakout of the support zone lying at the intersection of the following support levels: 38.2% Fibonacci retracement of the previous medium-term upward impulse (1) from February and the support level 9430.00 (which stopped the short-term A-wave of the active medium-term ABC correction (2) from middle of February. The breakout of this support zone strengthened the already strong bearish pressure on this instrument – which is indicated by the accelerating downward movement on the daily Momentum indicator.
Read more: https://blog.fxopen.com/btcusd-and-ltcbtc-cryptocurrency-technical-analysis/
After some LTC losses last week now both Bitcoin and Litecoin are in a trading range. Bitcoin is quoted at $10,678 dollars right now, up a bit from $10,328 last week. Litecoin is trading at $195, down from 201$ dollars.
Bitcoin Still in Range
Bitcoin continues to trade in a trading range. During the last seven days, we saw some gains that temporarily lifted prices to test the previous resistance. We got as high as $11,686 yesterday, slightly below the previous major resistance at $11,769 dollars. A breakout above here was needed to trigger a new BTC rally.
Read more: https://blog.fxopen.com/bitcoin-and-litecoin-in-range/
Bitcoin Still in Range
Bitcoin continues to trade in a trading range. During the last seven days, we saw some gains that temporarily lifted prices to test the previous resistance. We got as high as $11,686 yesterday, slightly below the previous major resistance at $11,769 dollars. A breakout above here was needed to trigger a new BTC rally.
Read more: https://blog.fxopen.com/bitcoin-and-litecoin-in-range/
Bitcoin continues the range-bound trading this week. We’re quoted at $10,328 dollars right now, down from $11,211 last Tuesday. Litecoin is also trading lower but keeping its bullish bias.
Bitcoin Continues Range-bound Trading
The high but directionless volatility continues in BTC/USD. During the past seven days we traded as low as $9,270 and as high as $11,054 dollars. While bitcoin is down this week it hasn’t broken any important support levels yet.
A new downtrend requires a break below the $7,705 swing low. Above here we find support at the $10,000 round figure, followed by $9,280 swing low. Further down we have the previous resistance now turned support at $9,049, closely followed by the $9,000 round level.
Read more: https://blog.fxopen.com/bitcoin-continues-range-bound-trading-2/
Bitcoin Continues Range-bound Trading
The high but directionless volatility continues in BTC/USD. During the past seven days we traded as low as $9,270 and as high as $11,054 dollars. While bitcoin is down this week it hasn’t broken any important support levels yet.
A new downtrend requires a break below the $7,705 swing low. Above here we find support at the $10,000 round figure, followed by $9,280 swing low. Further down we have the previous resistance now turned support at $9,049, closely followed by the $9,000 round level.
Read more: https://blog.fxopen.com/bitcoin-continues-range-bound-trading-2/
Both of the cryptos we follow on Thursday are down since our last update. Ethereum is trading lower by over 10 percent while Dash is down by almost 5 percent.
Ethereum Down Over 10 Percent
Ether is quoted at 0.0797 BTC right now, lower by over 10 percent. The downtrend in ETH/BTC continues for another week. To end it the bulls will have to push us back above the 0.1 BTC round figure.
Read more: https://blog.fxopen.com/more-losses-for-ether-dash/
Ethereum Down Over 10 Percent
Ether is quoted at 0.0797 BTC right now, lower by over 10 percent. The downtrend in ETH/BTC continues for another week. To end it the bulls will have to push us back above the 0.1 BTC round figure.
Read more: https://blog.fxopen.com/more-losses-for-ether-dash/
While most altcoins are getting slaughtered, LTC shines propelled higher by Litepay and a new fork. Bitcoin continues its gains as well but stopped short of a new rally.
Bitcoin Higher but Stops Short of New Rally
Bitcoin prices traded even higher since our last update but they stopped short of triggering a new rally. We are currently quoted at $11,221 dollars, after topping out at $11,769 dollars earlier today.
Read more: https://blog.fxopen.com/litecoin-shines-in-altcoin-slaughter/
Bitcoin Higher but Stops Short of New Rally
Bitcoin prices traded even higher since our last update but they stopped short of triggering a new rally. We are currently quoted at $11,221 dollars, after topping out at $11,769 dollars earlier today.
Read more: https://blog.fxopen.com/litecoin-shines-in-altcoin-slaughter/
Ether is trading lower versus bitcoin this week. The crypto has lost 12 percent to big brother since Monday as BTC is the preferred crypto this week. Dash on the other hand continues to trade in a range.
Ether Down 12 Percent
As we mentioned above, Ether is trading down by 12% since Monday. This move was enough to shift the uptrend in ETH/BTC to a downtrend.
Read more: https://blog.fxopen.com/ether-down-dash-still-range-bound/
Ether Down 12 Percent
As we mentioned above, Ether is trading down by 12% since Monday. This move was enough to shift the uptrend in ETH/BTC to a downtrend.
Read more: https://blog.fxopen.com/ether-down-dash-still-range-bound/
During the past week, we’re seeing more gains for Bitcoin. This, in turn, led to gains in altcoins like Litecoin as the general crypto market recovers from large losses.
Bitcoin Up by 13 Percent
Bitcoin is currently quoted at $8,520 dollars per coin, up by $952 dollars since our last update. This is a gain of close to 13 percent, 12.82% to be exact.
Read more: https://blog.fxopen.com/more-gains-for-bitcoin-litecoin/
Bitcoin Up by 13 Percent
Bitcoin is currently quoted at $8,520 dollars per coin, up by $952 dollars since our last update. This is a gain of close to 13 percent, 12.82% to be exact.
Read more: https://blog.fxopen.com/more-gains-for-bitcoin-litecoin/
A lot has happened since our last bitcoin update. Last week BTC/USD was (barely) holding onto the $10,000 mark but by Tuesday we dropped to a low of $5,980 dollars. Litecoin saw lows at $105 dollars before a bitcoin-led bounce took it out of the doldrums.
Bitcoin Drops by 40 Percent in 6 Days
The news about the Tether subpoena last week shook market confidence. Bitcoin prices dropped by 40 percent in 6 days to hit a low of $5,980 dollars. Here we got somewhat of a rally to $8,468 dollars but there is no certainty that this will be more then a ‘dead cat’ bounce. We are quoted at $7,568 dollars right now, much below the $19,850 all-time high.
Read more: https://blog.fxopen.com/bitcoin-bounces-after-large-losses/
Bitcoin Drops by 40 Percent in 6 Days
The news about the Tether subpoena last week shook market confidence. Bitcoin prices dropped by 40 percent in 6 days to hit a low of $5,980 dollars. Here we got somewhat of a rally to $8,468 dollars but there is no certainty that this will be more then a ‘dead cat’ bounce. We are quoted at $7,568 dollars right now, much below the $19,850 all-time high.
Read more: https://blog.fxopen.com/bitcoin-bounces-after-large-losses/
With over 2,000 cryptocurrencies on the market, there’s plenty of choice when it comes to trading cryptocurrency. In fact, the hardest part is narrowing down the search!
Read more: https://blog.fxopen.com/tips_for_picking_cryptocurrency_investments/
Read more: https://blog.fxopen.com/tips_for_picking_cryptocurrency_investments/
Ether prices rallied over 13 percent versus bitcoin but then lost all the gains. Dash on the other hand is down over 5% vs BTC today.
Ether Rallies 13% then Loses All Gains
Ether prices rallied over 13% versus bitcoin yesterday and hit 0.121 BTC per coin. The highs were quickly sold into however as the general crypto market saw declines. Bitcoin is currently down almost 15% versus the U.S. Dollar and that usually triggers altcoin losses as well.
Read more: https://blog.fxopen.com/ether-rallies-13-then-loses-all-gains/
Ether Rallies 13% then Loses All Gains
Ether prices rallied over 13% versus bitcoin yesterday and hit 0.121 BTC per coin. The highs were quickly sold into however as the general crypto market saw declines. Bitcoin is currently down almost 15% versus the U.S. Dollar and that usually triggers altcoin losses as well.
Read more: https://blog.fxopen.com/ether-rallies-13-then-loses-all-gains/
Great thread, thanks voskobojn, here is merit from me 
Just wanted to add, that Facebook banned all the ads of ICOs and crypto today
Thank you! From me also Just wanted to add, that Facebook banned all the ads of ICOs and crypto today
Great thread, thanks voskobojn, here is merit from me
Just wanted to add, that Facebook banned all the ads of ICOs and crypto today
Just wanted to add, that Facebook banned all the ads of ICOs and crypto today
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