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Bitcoin Price Technical Analysis for 18th April – Look Out for this Reversal Pattern

April J, 2018
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Bitcoin Price Technical Analysis for 18th April – Look Out for this Reversal Pattern   Bitcoin Price Key Highlights Bitcoin price is forming a head and shoulders on its 1-hour time frame to signal a potential selloff. Price already seems to be breaking below the neckline to confirm that sellers have the upper hand. Technical indicators are still suggesting that the uptrend could carry on, though. Bitcoin price formed a short-term head and shoulders pattern, which is a classic selloff…

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Bitcoin Price Technical Analysis for 17th April 2018 – Another Pullback Zone to Watch

April J, 2018
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Bitcoin Price Technical Analysis for 17th April 2018 – Another Pullback Zone to Watch Bitcoin Price Key Highlights Bitcoin price recently broke out of its descending channel to show that an uptrend reversal is underway. Price hit resistance at $8450 and is gearing up for a pullback, possibly until the broken resistance. This lines up with several inflection points, so plenty of limit orders may be located in this area. Bitcoin price looks ready for a pullback to a key…

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HODL On – In Defense of Bitcoin’s Best Investment Strategy

April J, 2018
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HODL On – In Defense of Bitcoin's Best Investment Strategy In 1987's Black Monday stock market crash, Sam Walton, the world's richest man, lost more than half a billion dollars in a few hours. When reached for comment, Walton said, "It's paper anyway. As far as I'm concerned we're focusing totally on the company doing well and taking care of our customers." He didn't care about dollars; he cared about his asset Wal-Mart, and he still owned that. History of…

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Tim Draper Predicts Bitcoin price to hit $250,000 in 4 years

April J, 2018
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Tim Draper Predicts Bitcoin price to hit $250,000 in 4 years According to Bitcoin bull Tim Draper, cryptocurrency could reach $250,000 in four years.   Tim Draper, the founder of Draper Fisher Jurvetson, wrote on Twitter about this on: He also mentioned that earlier he tweeted a prediction about mistakenly posting $25k instead of $250k. The investor, who commenced investments in Skype, Tesla, Twitter, and SpaceX, is known to have bought Bitcoin worth $30,000 from the U.S. government in 2014.…

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A Bullish Sign Returns For Bitcoin, Ethereum, Ripple, EOS, And Other Cryptocurrencies

April J, 2018
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A Bullish Sign Returns For Bitcoin, Ethereum, Ripple, EOS, And Other Cryptocurrencies Major cryptocurrencies like Bitcoin, Ethereum, Ripple and EOS have been on fire lately. Over the last seven days, Bitcoin is up 21.80%, Ethereum is up 39.36%, Ripple is up 40.89% and EOS 51.84%–see table 1. Table 1 7d Price Change For Major Cryptocurrencies Cryptocurrency %7d Bitcoin 21.80 Ethereum 39.36 Ripple 40.89 EOS 51.84 Source: Coinmarketcap.com 4/13/18 at 10:30 a.m.   The cryptocurrency rally extends across the entire chain.…

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Bitcoin Breakout – Price Jumps $1K in 60 Minutes

April J, 2018
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Bitcoin Breakout – Price Jumps $1K in 60 Minutes   Bitcoin rallied over $1,000 in an hour this morning, having spent a better part of the last two weeks trading sideways in a narrow price range. The cryptocurrency clocked a two-week high of $8,055 soon before press time and is currently trading at $7,850, according to CoinDesk's Bitcoin Price Index. The move marks a 13 percent gain from the previous day's close of $6,939. It appears short liquidation or unwinding…

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Bitcoin Cash Price Technical Analysis – BCH USD Could Test $700

April J, 2018
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Bitcoin Cash Price Technical Analysis – BCH USD Could Test $700 Key Points Bitcoin cash price is moving higher and is currently placed above $650 against the US Dollar. Yesterday’s highlighted connecting bullish trend line with support at $650 is intact on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is showing bullish signs and it seems like it could break $680 to test the $700 handle. Bitcoin cash price is gaining pace against the…

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Bitcoin Price Technical Analysis for 11th April – Can Bulls Keep This Up

April J, 2018
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Bitcoin Price Technical Analysis for 11th April – Can Bulls Keep This Up? Bitcoin Price Key Highlights Bitcoin price has formed lower highs and higher lows to consolidate inside a triangle on its 1-hour chart. Price found support at the bottom of its symmetrical triangle once more and looks ready for a test of the top. Technical indicators mostly seem to be hinting at more gains ahead. Bitcoin price bounced off the triangle bottom and could be gearing up for…

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Gemini to Roll Out Bitcoin and Ether Block Trading

April J, 2018
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Gemini to Roll Out Bitcoin and Ether Block Trading Cryptocurrency exchange Gemini said Monday that it will roll out block trading for bitcoin and ether starting later this week. The feature – which will allow customers to make high-volume trades that won't appear in the exchange's order book until they've been filled – will go live at 9:30 a.m. ET on Thursday, Gemini explained in a blog post. There's a minimum threshold of 10 bitcoin or 100 ether for the…

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Bitcoin Price Technical Analysis for 9th April – More Bullish Confirmation!

April J, 2018
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Bitcoin Price Technical Analysis for 9th April – More Bullish Confirmation! Bitcoin Price Key Highlights Bitcoin price is holding its ground as it makes another attempt to test the double bottom neckline. Price has also surged past the descending trend line connecting the latest highs to signal that bulls have the upper hand. Technical indicators, however, still suggest a potential return in bearish pressure. Bitcoin price is showing more factors favoring the bulls, and a test of the reversal pattern’s…

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