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About BITCOIN
Bitcoin (BTC) is an exclusively digital form of money. Leader of the fledgling cryptocurrency asset class, BTC is traded via cash exchange, CFD, and futures products. Launched in 2009 by an anonymous programmer “Satoshi Nakamoto,” BTC has gone from being worth mere pennies to thousands of dollars apiece. The technology behind BTC is complex, but a finite maximum supply of 21 million BTC in circulation influences valuation models. BTC is defined by its inherent volatility, regularly moving upwards of 5% per day.
BITCOIN Brief
Bitcoin is bouncing back after testing the Nov 12 low near $5,844, making it a double bottom pattern. Is it bullish reversal in BTC? We won't be able to confirm this until the Bitcoin breaks above 61.8 Fibonacci Retracement at $9,435.
FOREX Signals
No active BITCOIN signals
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Trading Feed
Bitcoin has found solid resistance around $4,000 and has tried to reverse down, but the 20 SMA is holding the dips on the H4 chart right now
8 h
It's not surprising that the Eurozone economy has been struggling in recent years and there are still plenty of worries.
Full Article
15 h
Bitcoin has made a bullish move, but the resistance area around $4,100 is holding well and now a bearish reversal looks possible
1 d
Regardless of the fact that the ECB’s Mario Draghi is a known dove, he really has little choice but to sit on his hands and wait.
Full Article
2 d
Bitcoin made a bullish move in the last two days, but the bullish momentum seems to have been lost now right below the resistance zone
2 d
Most markets watchers would be acutely aware of the fact that the FOMC has recently made a pivot to a more dovish stance.
Full Article
3 d
Bitcoin has broken above the 50 daily SMA as it continues the bullish run, but now faces a major resistance zone.
3 d
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