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BitcoinNews.com Bitcoin Market Analysis 9th May 2019

BitcoinNews.com Bitcoin Market Analysis 9th May 2019

Starting from 4 May, the price stopped over the main trend line, which constantly kept the price within the channel from December 2018. Buyers are trying to start attack the price zone of $6300-6600, but as soon as the price touches this area, sellers immediately enter the game: However, at the moment, the initiative is in the hands of buyers …


BitcoinNews.com Bitcoin Market Analysis 7th May 2019

BitcoinNews.com Bitcoin Market Analysis 7th May 2019

It was 4 days ago when buyers managed to break through the blue channel of growth, thereby accelerating the growth of prices. After breaking through the channel, the price on small volumes stopped in the consolidation triangle. Since sellers are not trying to lower the price actively, but only suspend its growth, buyers are preparing to continue growth to $6,300-6,600. …


BitcoinNews.com Ethereum Market Analysis 6th May 2019

BitcoinNews.com Ethereum Market Analysis 6th May 2019

After an unsuccessful attempt by sellers at the beginning of the week to break the bottom trend line of the triangle down, buyers decided to take the initiative and were able to break through the local growth channel. However, globally, the price continues to stay in the triangle. Globally, we see small volumes. If we analyze the growth of Bitcoin, …


BitcoinNews.com Bitcoin Market Analysis: 5th May 2019

BitcoinNews.com Bitcoin Market Analysis 5th May 2019

Throughout the week, buyers actively bought bitcoin and raised the price. The local maximum this week reached USD 6,190. After that, buyers broke through the blue growth channel, in which the price was traded from December 2018, the sellers did not show any initiative and could not return the price back to the channel. Immediately after sellers tested the upper …


BitcoinNews.com Bitcoin Market Analysis 1st May 2019

BitcoinNews.com Bitcoin Market Analysis 1st May 2019

After a small stop of buyers at a price of $5,475, the price continued to grow. The growth looks sluggish and continues traditionally without volumes. Starting from 25 April, buyers organized growth within the wedge, which gets narrow and ends at around $5,700: Also, around $5,700 is the upper trend line of the blue channel, in which the price moves …


BitcoinNews.com Ethereum Market Analysis 29th April 2019

BitcoinNews.com Ethereum Market Analysis 29th April 2019

Last week, ETH did not behave abnormally, but moved politely in the black channel of the fall, which was formed on 8 April, and which we wrote about in the previous analysis. After that buyers tested the upper trend line of the falling black channel, sellers became more active and throughout the week they tried to reduce the price. After …


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