Bitcoin Price and Technical Market Analysis May 17th, 2020

Buyers managed to keep the range $9200-9400. Fixing above $9800 the following target is $10,500. An alternative scenario is a local price reversal with a test of $9200-9400 and a probable continuation to $8860. Yesterday’s trading on Bitcoin market ended in a failed attempt by sellers to take control of the range $9200-9400. Sellers are […]

Trending Bitcoin News and Market Sentiment May 17th, 2020: Reddit Confirms Token Migration to Ethereum in Autumn, ETH 2.0 Multi-Client Testnet Ready by June 2020

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Bitcoin continues irregular pattern Reddit confirms migration of tokenized rewards to Ethereum in autumn 2020 Ethereum 2.0 multi-client testnet ready by June Bitcoin continues its irregular pattern on Sunday, but the entire crypto market seems poised for change. As Monday comes, we could see more clues as to where Bitcoin prices might move, should we […]

Bitcoin Price and Technical Market Analysis May 16th, 2020

Sellers have twice tested the range $9200-9400 in order to continue to fall to $8860. Consolidation was formed in the range $8860-1000 and the middle $9200. Keeping $8860 the next target of buyers is $10,500. Yesterday’s trading on Bitcoin market was held under the flags of sellers, who confidently and systematically lowered the price to […]