MrBitcoin June 14, 2019

Bitcoin price extended gains recently and broke the $8,100 and $8,200 resistances against the US Dollar. The price seems to be setting up for more gains above the $8,300 resistance area. There is a crucial bullish trend line forming with support near $8,140 on the hourly chart of the BTC/USD pair (data feed from Kraken). […]

MrBitcoin June 12, 2019

Bitcoin price recovered recently above $7,900 and $8,000 against the US Dollar. The price failed to stay above $8,000, formed a swing high at $8,080, and recently declined below $7,900. There is a key breakout pattern forming with resistance near $7,940 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair […]

MrBitcoin May 17, 2019

Market corrections are a natural part of their movements so we should not be surprised when they occur. Analysts and traders have been predicting this all week and it has finally been set in motion as Bitcoin and crypto markets tumble today. $30 Billion Dumped as Bitcoin Drops Total market capitalization has declined by over […]

MrBitcoin April 20, 2019

Bitcoin has been able to continue its slow upwards ascent and is now tepidly advancing towards $5,400, which has historically proven to be a strong level of resistance that BTC has failed to break decisively above since it first began surging earlier this month. Now, one prominent crypto analyst believes that Bitcoin’s fractal patterns may […]

MrBitcoin April 15, 2019

Weekends are usually pretty quiet for crypto markets. Unlike forex, digital assets can be traded around the clock and at weekends but old habits appear to die hard for traders. As we enter a new week there are big expectations for Bitcoin which could well make a move. Mixed Outlook from Analysts There has been […]

MrBitcoin March 28, 2019

The Bitcoin price volatility in March is approaching its lowest levels on record, which could precede the next prolonged bull run, says one analyst. Lowest Bitcoin Volatility on Record Bitcoin is on the verge of recording its least volatile month, according to a report by Marketwatch. Citing Dow Jones market data, the report outlines that […]

MrBitcoin March 18, 2019

Bitcoin price climbed higher towards the $4,040 level before correcting lower against the US Dollar. The price declined below $4,000 and tested the key $3,940 support area. Recently, there was a break above a connecting bearish trend line with resistance at $3,970 on the hourly chart of the BTC/USD pair (data feed from Kraken). The […]

MrBitcoin March 9, 2019

Bitcoin (BTC) has kicked off the weekend trading up slightly but has still been unable to decisively move above $4,000, which has proven to be a key psychological resistance level for the cryptocurrency. Although Bitcoin has been able to climb consistently for the past several days, analysts now expect the cryptocurrency to fail to break […]