Bitcoin has seen a weekly close below the 20 Weekly Moving Average which normally signals further downside in the price of Bitcoin and is creating increased uncertainty. But it also could present us a …
Did Bitcoin bottomed ?
WEEKLY Bitcoin has seen a drop below the 20 Week Moving Average, the bull market support line. This is something we've seen in 2016-2017 as well. We're ending the consolidation/corrective period …
QUICK UPDATE
Bitcoin is breaking out of the channel right now but we're not out of the woods yet. We are going to test declining resistance on the momentum indicators. The following things are possible, we get …
3 potential scenario’s for Bitcoin and it’s effect on alt-coins
Bitcoin’s momentum recently slowed down and we are already for a period consolidating, broadly moving sideways without a clear direction in the short term. In this moments alt-coins tend to outperform …
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