#Bitcoin Price Analysis BTC bulls foreseen? Bitcoin Price Analysis 10 Oct Published 1 week ago on October 10, 2018 By Nadja Eriksson Share Tweet Bitcoin Price Key Focuses Bitcoin price neglected to exchange higher towards $6,800 and declined as of late against the US Dollar. Yesterday’s highlighted key bullish pattern line was breached with support at $6,560 on the hourly outline of the BTC/USD pair (information feed from Kraken). The pair declined underneath the $6,500 support and tested the $6,440 support level. Bitcoin price trimmed a large portion of its additions against the US Dollar. BTC/USD could recuperate, however the broken support at $6,560 may go about as a resistance. Bitcoin Price Analysis Amid the decay, yesterday’s highlighted key bullish pattern line was breached with support at $6,560 on the hourly graph of the BTC/USD pair The pair even broke the last swing low at $6,490. At long last, it tested the 1.236 Lie augmentation level of the last wave from the $6,491 low to $6,687 high. The price shaped an intraday low at $6,441 and it is as of now amending higher. An underlying resistance is close to the 23.6% Lie retracement level of the last decrease from the $6,687 high to $6,441 low. In the event that purchasers drive the price over the $6,500 level, the following stop could be the $6,560 level. The stated $6,560 level alongside the 100 hourly SMA are probably going to go about as obstacles for buyers. BTCUSD Price Chart 10 October Taking a gander at the graph, bitcoin price broke a couple of key supports and tested $6,440. It might bob back, yet the past supports close $6,550-6,560 are probably going to keep an upside break. Taking a gander at the technical markers: Hourly MACD – The MACD for BTC/USD is picking up pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI is at present well underneath the 40 level. Real Support Level – $6,440 Real Resistance Level – $6,560 Related Topics:Bitcoinbitcoin blockchainbitcoin chartbitcoin forecastbitcoin futurebitcoin predictionbitcoin pricebitcoin price 2018bitcoin price todaybitcoin to usdbitcoin tradebitcoin tradingBlockchainbtcbtc analysisBTC exchangeBTC exchange rateBTC forecastBTC futureBTC predictionbtc pricebtc price analysisBTC TO USDBTC TRADINGBTC USD Chartbtc/usdbtcusddaytrading Up Next Forbes moves to Blockchain. Don't Miss India planning to launch its own cryptocurrency? Continue Reading You may like Huobi launches own stablecoin solution: HUSD Mt Gox: Final chance to claim, last 4 days Beryllium Bullet: The New Monero XMR Fork Explained Gates Foundation partners with Ripple and Coil Latest: Bitcoin Mining Complete Analysis Fortnite using Cryptocurrency: ERC20, ERC721 and more, good or bad? 1 Comment 1 Comment Pingback: BTC bulls foreseen? Bitcoin Price Analysis 10 Oct – The Coinage Times Leave a Reply Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website #Bitcoin Price Analysis BTC Daily Trading Signals: October 19 Published 23 hours ago on October 18, 2018 By Azeez Mustapha Dominant bias for Bitcoin (BTC) –Ranging Resistance Levels- $6800, $6900, $7000 Support Level-$6000, $5900. $5800 BTC remains in a range-bound market. The strong bearish pressure within the range was dominant as BTC witness drawdown. Despite a bullish 4-hour opening at $6735.6 on 18th October that led to the high of the day at $6779.9, the bear takeover was confirmed by the next bearish candle. BTCUSD was down to $6609.3 in the support area. Though $6607 was the low BTCUSD made on 17th October with the current strong bearish pressure, a lower low may be attained at the end of trading session. BTC 4-hour chart BTC Price is below the 10 EMA but sits on the 200 EMA. A break below the 200-EMA may see the bear taking BTCUSD to the 6300 area. The stochastic oscillator is in the oversold region but its signal points down which implies further downward price movement within the range. BTCUSD is in consolidation and trading between $6800 in the upper resistance area and at $6300 in the lower support area of the range. A breakout at the upper area will be good for a long while a breakdown at the lower area suggests shorting the cryptocurrency. Continue Reading #Bitcoin Price Analysis BTC Daily Trading Signals: October 18 Published 2 days ago on October 18, 2018 By Azeez Mustapha Dominant bias for Bitcoin (BTC) –Ranging Resistance Levels- $6800, $6900, $7000 Support Level-$6000, $5900. $5800 BTC remains in consolidation. Upward movement of the cryptocurrency towards the upper resistance level was made possible by the bullish hammer at $6717.60. BTCUSD high of the day was $6794.00 in the resistance area. Exhaustion to bullish momentum was clearly seen as candles at the area had upper wicks. The bearish pressure was increased with inverted hammer formation. BTCUSD was down to $6674.30 in the support area as the cryptocurrency ranges BTC 4-hour chart BTC Price remains below the 10 EMA but above the 200 EMA. The stochastic oscillator is at 23% and its signal points down which implies further downward price movement within the range. A new low at the support area may be attained with the bears’ pressure becoming much stronger BTCUSD is in consolidation and trading between $6800 in the upper resistance area and at $6300 in the lower support area of the range. A breakout at the upper area will be good for a long while a breakdown at the lower area suggests shorting the cryptocurrency. Continue Reading #Bitcoin Bitcoin surges more than 4% on Bitfinex after a Tether Panic Published 2 days ago on October 17, 2018 By Janet F. Sanchez After the major dumping of Tether which happened on 15th October 2018, more and more people are joining the USDT dumping trend by exchanging their stablecoins into cryptocurrencies especially Bitcoin. The traders and investors are doubting that the Tether or USDT token is not backed by US Dollar and the company is being blamed for misleading the investors. USDT Dumping Tether which had a market capitalization of over $2.8 Billion came down to just $2 Billion in a couple of days. So in just a couple of days investors and traders removed more than $800 Million from Tether into Bitcoin and other cryptocurrencies. Bitcoin Surges on Bitfinex The price of Bitcoin experienced a massive surge in minutes on Bitfinex Exchange as the price rose from $6443 to $6732 in just a couple of minutes as more people started to dump USDT for Bitcoin on Bitfinex. Tether is being blamed for scamming investors this year by a lot of people as the people believe that Tether never had the exact amount of USD backed in 1:1 ratio in accordance to the tether supply. What do you think about Tether? Let us know in the comments section below. Continue Reading Advertisement Advertisement Latest Crypto News #Exchange11 hours ago Huobi launches own stablecoin solution: HUSD #Bitcoin12 hours ago Mt Gox: Final chance to claim, last 4 days #Monero19 hours ago Beryllium Bullet: The New Monero XMR Fork Explained #Ripple21 hours ago Gates Foundation partners with Ripple and Coil #Bitcoin22 hours ago Latest: Bitcoin Mining Complete Analysis Adoption22 hours ago Fortnite using Cryptocurrency: ERC20, ERC721 and more, good or bad? #Cardano Price Analysis23 hours ago ADA Daily Trading Signals: 19 October #Daily Price Analysis23 hours ago XRP Daily Trading Signals: October 19 #Bitcoin Price Analysis23 hours ago BTC Daily Trading Signals: October 19 #TRON23 hours ago TRX Daily Trading Signals: 19 October Bitcoin1 day ago BitGo receives $59 Million funding from Goldman Sachs #Bitcoin2 days ago Bitcoins worth $4.3 Million up for auction by US Marshals #Tether2 days ago Tether: It’s Make or Break for the Stablecoin #Cardano Price Analysis2 days ago ADA Daily Price Signals: October 18 #Daily Price Analysis2 days ago XRP Daily Price Signals: October 18 Live Crypto Prices BTCUSDAUDCADEURBitcoin(BTC) 6464.78263026Ethereum(ETH) 203.885526348Bitcoin Cash(BCH) 440.124187857EOS(EOS) 5.3573799899Litecoin(LTC) 52.9384254961Cardano(ADA) 0.0760089044TRON(TRX) 0.0240361367Dash(DASH) 154.502131606NEM(XEM) 0.0939590366 Trending #Blockchain3 months ago What is Aeternity Token and its future? Fully Explained. #Blockchain2 months ago What is DigixDAO coin? Trade DigixDAO on Blockonix Exchange. #Blockchain2 months ago What is Mithril coin? Trade MITH on Blockonix exchange. Adoption3 weeks ago SWIFT will use XRapid to process payments using XRP. Here is the proof #Blockchain3 months ago What is Maker Token? Fully Explained. Is MKR overpriced? #Blockchain3 months ago Ethereum vs EOS: Which one is the Vanquisher? #Blockchain3 months ago What is Ontology Token? Is it worth investing in 2018? #Bitcoin2 months ago How to buy Bitcoins in Sri lanka? Explained.