Bitcoin The last week had been negative for Bitcoin which had dropped by more than 20%. Our key resistance area located around 11,500 held for the third time and a new aggressive selling wave had started from that point. Looking at the entire leg, we can see six red daily
Weekly Crypto Analysis by Crypto Frontline
Bitcoin For the past week, the Bitcoin price had a decent performance, bottoming around the 9,500 area and rising towards our key resistance level located around 11,500. Even though the price action dropped by 2% in the middle of the week, following an SEC probe, all the losses had been
Bitcoin As we’ve anticipated in our previous weekly analysis, the Bitcoin price had encountered resistance around the 11,500 area. We can see a small pin bar on the daily chart and since then, for the last five days, sellers had been in control. The fear of regulation is the main
Bitcoin The Bitcoin price had seen the strongest recovery since the beginning of the year during the last week. Investors had been eager to buy after the Bitcoin price reached the 6,000 area on the Coinbase exchange. However, we can see a resistance area formed by the 11,000-11,500 figures, and
Bitcoin The Bitcoin price had been under pressure at the beginning of the week, reaching the 6,000 area and since then it had managed to rebound towards the 9,000 level. However, even though this bullish corrective move took place, the price action context does not show that a market reversal
Bitcoin For the last week, the Bitcoin price had been under pressure, continuing the downside trend that started and the beginning of 2018. Following a consolidation that we’ve talked about last week, sellers resumed impulsively and broke below the monthly low around the 9,000 figure and the price reached 7,500
Bitcoin For the last seven days, the Bitcoin price had traded in a narrow range, between 11,800 and 10,000. Since the beginning of the year the digital currency is under heavy pressure and the performance we can see for the last week, points towards the fact that buyers are still
Bitcoin The Bitcoin price had been under pressure for the last week, as regulatory pressures from China and South Korea had made buyers reluctant to buy the cryptocurrency. China is looking to expand the scope of its cryptocurrency exchange ban that was set in September 2017. All altcoins had been
Bitcoin Over the last week, the bitcoin price had dropped significantly after reaching a peak around 17,000. Since then a wave of selling had started, driving the price towards the 13,000 area. Fear had returned among cryptocurrency investors as highlights pointed towards the South Korea government wanting to ban cryptocurrency
Ripple Ripple prices tumbled during the first week of January and in addition to profit taking, traders were negative XRP following an announcement from Coinbase that they would not put Ripple on their GDAX trading platform. Coinbase is the largest cryptocurrency wallet in the United States. In the wake of
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