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BitcoinNews.com Bitcoin Market Analysis 21st March 2019

BitcoinNews.com Bitcoin Market Analysis 21st March 2019

Starting from 18 March, buyers have been trying to build a local trend movement, with a clear line of support. However, if we remember the previous analysis, now the price moves in consolidation, with limits of $4,040 being the lower limit and $4,120 the upper limit. At the moment, buyers are able to break the upper limit of consolidation relatively …


BitcoinNews.com Bitcoin Market Analysis 20th March 2019

BitcoinNews.com Bitcoin Market Analysis 20th March 2019

During the past four days, price traded in a narrow 2% corridor between the prices of $4,040–4,120. Today, buyers have decided to try to break through this consolidation. However, this attempt was not supported by a sufficient number of volumes. This is quite clear in comparison with the attempt to break through the global triangle on 16 December: However, sellers …


BitcoinNews.com Ethereum Market Analysis 18th March 2019

BitcoinNews.com Ethereum Market Analysis 18th March 2019

It is already the fourth week that buyers have decided their relationship around the price zone of $135–140. This week, buyers are trying to fix themselves above this zone but these attempts look uncertain. The fact is that after 13 March, when sellers could not update the local minimum, they began their growth attempt. However, if we compare the size …


BitcoinNews.com Bitcoin Market Analysis 17th March 2019

BitcoinNews.com Bitcoin Market Analysis 17th March 2019

Buyers are approaching the liquid zone, in which sellers with great desire begin to sell. When the price touched the trend line, the volumes increased and the pins appeared. Also, this price zone coincides with the upper trend line of the triangle, where the price is traded from November 2018. One more week ended where the buyers decided to check …


BitcoinNews.com Bitcoin Market Analysis 8th March 2019

BitcoinNews.com Bitcoin Market Analysis 8th March 2019

After an unsuccessful attempt by sellers to break through $3,765 and fix below the price zone of $3,830–3,860, buyers could drastically change the situation. We wrote about similar fears in the previous analysis, as the breakthrough of the price zone of $3,830–3,860 took place on small volumes. This is especially noticeable if compared with the volumes on 24 February, when …


BitcoinNews.com Bitcoin Market Analysis 5th March 2019

BitcoinNews.com Bitcoin Market Analysis 5th March 2019

Yesterday, the rest of the market participants ended their run and sellers began to be active. The level of $3,820 was broken through but there is some concern regarding how this was achieved. Pay attention to the volumes, after which the price bounced from the level of $3,820 on 24 February. Yesterday’s  volumes were increased relative to the previous consolidation, …


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