BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction The demand for Bitcoin BTC dries up across all crypto broker platform following a plunge in mining reward starting from Jul 11 and 13 ’19. Notice how the pair transitions into a corrective A-B-C wave after completing a 5-wave (Elliot wave) pattern on Dec ‘17. […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction Two weeks ago, the Bitcoin price broke out of a weekly bearish inside bar price pattern ($10686.89), while at the same time triggering a hidden bullish divergence pattern after a five weeks retracement of a bullish trend. A recent bearish plunge in the bitcoin price […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Crypto Introduction The Bitcoin BTC cryptocurrency makes up the highest percentage of the total crypto market-cap, as a result, a view at the total market-cap sheds some light into a general adoption of the market. Making reference to the weekly chart of the total market-cap, we notice […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction Bearish sentiments heat up in the cryptocurrency market, and the Bitcoin and altcoin prices enter a downward spiral on Binomo India broker following the negative criticism by the US President Donald Trump and Steve Mnuchin (Treasury Secretary). The shocking price decline was contrary to the […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction As we enter the first week of the month of July, the Bitcoin price dips lower on major India forex brokers, sending panic across intraday trading forums. However, the technical and positive news in the space reveals the presence of the Bulls. BTCUSD Technical BTC/USD: […]
BTCUSD Forecast and Technical Analysis & Fundamentals for Bitcoin Introduction As mainstream adoption of cryptocurrencies continues to increase, traditional MetaTrader 4 forex broker platforms now offer the trading of crypto assets. Among such are FoxPro, Liteforex, Binomo, and OANDA. This and an increase in institutional adoption of Bitcoin, alongside newly formed all-time highs of BTC […]
BTC/USD Forecast and Technical Analysis & Fundamentals for Cryptocurrency Introduction Major Forex broker platforms like Binomo and Olymp Trade, now offer cryptocurrency and BTC/USD trading to their new and old clients, considering the highly volatile nature of the market and also a fact that traders crave for volatility. BTC/USD Weekly Following an increase in institutional, and […]
BTCUSD Forecast and Technical Analysis & Fundamentals Introduction On major Bitcoin broker platform, IQ Option, we see an overbought BTC. Can the volatility oversold setup from an intraday perspective be sufficient for a continuation of the crypto spring? Join us as we look at interesting fundamental and underlying technical indicators pushing the Bitcoin price. BTCUSD […]
BTCUSD Forecast: Technical Analysis & Fundamentals for Bitcoin Price Introduction Finally, our long-anticipated surge in Bitcoin price from a monthly time frame is triggered. The bears were seen to cave into bullish pressure after the end of Q1 2019 as shown on the Monthly chart below. Let’s go ahead and look at interesting events in […]
BTCUSD Forecast: Technical Analysis & Fundamentals Introduction Speculative adoption is on the increase in the cryptocurrency market as the Bitcoin price scores a fourth bullish closing week on most India brokers and crypto platforms. In a recent CNBC interview with FUNDSTRATS Tom Lee, he projects a period of five to six month for a confirmed […]