Usamos cookies propias y de terceros para mejorar la navegación y mostrar publicidad personalizada según su navegación. Si continua navegando consideramos que acepta nuestra política de cookies.
Register your Blog
( What is this? )
I Home I More views Today I Crypto TV I Crypto currency I Crypto Charts I xxx I xxx I Register your Blog I

Bitcoin Price above $3,000 is Good News for Bulls: Analyst

Mons News
Add to Flipboard Magazine. Fuente: newsbtc - View all news from this site
Bitcoin Price above $3,000 is Good News for Bulls: Analyst Bitcoin Price above $3,000 is Good News for Bulls: Analyst

Bitcoin Price above $3,000 is Good News for Bulls: Analyst

Bitcoin price above $3,000 is good news for bulls, according to Crypto Michael.
The full-time trader and cryptocurrency commentator said bitcoin scaling between $3,000 and $5,000 was bullish, adding that a drop below $3,000 would result in an equally strong bullish makeover.
“The future perspectives of BTC are brilliant, and we?ll laugh about $5,000 in some years,” Michael predicted.

Reminder to everyone whose not trading.
Scaling in between $3,000 and $5,000 is very good. Lower than $3,000" Fine, use some to buy some.
The future perspectives of $BTC are brilliant and we?ll laugh about $5,000 in some years.
Never stress, patience & calmth. #TRADING
— Crypto Michaël (@CryptoMichNL) April 11, 2019

The $1,000-Bitcoin Prediction
The comments followed a $1,000 bottom target set by Tyler Jenks, the president of Lucid Investments, in the aftermath of April 11 bearish correction. The bitcoin price plunged from $5,471 to $4,975 on the day and formed a fresh lower low towards $4,911 this Friday. Jenks tweeted shortly after the drop that bitcoin was going to correct towards $4,000 and any failure to hold the level as support would extend bitcoin’s downtrend to as low as $1,000.
“I have not commented on Bitcoin since we broke up through the $4,000-4,200 resistance zone,” said Jenks. “I believe we are headed back down to that zone and it will not hold. New low [are] coming. [The] target of $1,000 unchanged.” Jenks was not the first analyst to have predicted a bearish outcome. Data researchers at Bloomberg had earlier said that bitcoin would fall towards $1,500. The prediction came following bitcoin’s failed attempts to break a strict resistance area above $4,187. However, the asset broke out of it on April 2 in a surprising 23-percent jump.
But based on bitcoin’s yearly performance, it was still down 72.64 percent from its historical high.
Why is $3000-$5000 Range Bullish"
Bitcoin’s So-Called Bullish Range | Source:
The 2018’s most extended bearish phase brought every high capital cryptocurrency to its yearly low. For bitcoin, the low was $3,100. The area above the said level saw multiple downside breakout attempts since December 15. But each of them failed. On the contrary, every bearish effort met with a robust bullish response. The bitcoin price rebounded from $3,100 many times, as a result.
At the same time, each price action to the upside met with an equally strong resistance area – as explained above. Nevertheless, bulls were able to break above it on April 2. The trend needle shifted to the buy side of the market after that.
What the market is seeing now is bitcoin correcting lower from its overbought areas. The asset was trading at $5,086 during Friday’s trading session. It formed a lower high towards $5,109, without accompanying larger volumes. That explained traders’ cautious behavior around a potential support level at $5,0...
article seen
times, this week
Bitcoin Price above $3,000 is Good News for Bulls: Analyst Bitcoin Price above $3,000 is Good News for Bulls: Analyst

Fuente de la noticia: newsbtc
Fecha de publicación: 14-04-2019 21:17
visto: 1

Si te gusto esta noticia puede que te interesen estas..

Recommended Video section of our Bitcoin, Ethereum, NEO, Litecoin, Blockchain News videos - Watch More Videos in Bitcoin, Ethereum, NEO, Litecoin, Blockchain News videos

Go TO TV Bitcoin, Ethereum, NEO, Litecoin, Blockchain News videos

Si te gusto esta noticia puede que te interesen estas..

Tendermint Says Last Month’s Cosmos Vulnerability Expo

Tendermint, the firm behind the core technology of Cosmos, has released a full disclosure about a past vulnerability in the Cosmos SDK. ...
17-06-2019 21:17

Nouriel Roubini Says Facebook’s GlobalCoin Has ‘

Noted economist Nouriel Roubini has said Facebook\'s soon-to-be unveiled cryptocurrency is not really crypto or blockchain. ...
17-06-2019 21:17

Russia’s Central Bank Is Considering Launching a Digit

The head of Russia\'s central bank has said the institution is investigating the possible future launch of a digital currency. ...
17-06-2019 21:17

Stonewalled by FINRA, Up to 40 Crypto Securities Wait in Lim

Wall Street watchdog FINRA has sat for as long as 12 months on roughly 40 broker-dealer applications by blockchain startups. ...
17-06-2019 21:17

Breez Reveals Lightning-Powered Bitcoin Payments App for iPh

Now in beta for the iPhone, Breez\'s app harnesses lighting, Neutrino and atomic swaps to make bitcoin P2P payments feasible for daily transactions. ...
17-06-2019 21:17

Russian Hackers May Have Carried Out Largest Ever Crypto Exc

Russian hackers, not North Korean, may be the bad actors behind probably the biggest ever theft from a cryptocurrency exchange. ...
17-06-2019 21:17

3 Reasons Bitcoin Is Rallying Above $9K

Bitcoin rose above $9,000 over the weekend, taking cumulative year-to-date gains to more than 150 percent. Here\'s three likely reasons why. ...
17-06-2019 21:17

BitTorrent Creator Bram Cohen Takes Over as CEO at Chia Netw

Bram Cohen has taken over as CEO of his current company, Chia Network ? a firm creating a less energy-intensive cryptocurrency. ...
17-06-2019 21:17

Korean Crypto Exchanges Update Terms to Accept Liability for

Five South Korean crypto exchanges have been forced to update their terms and conditions to accept liability for potential hacks and service issues. ...
17-06-2019 21:17

Crypto’s Connection to the Hong Kong Protests

An effort to change extradition laws in Hong Kong has sparked protests ? and questions about digital privacy and the right to transact. ...
17-06-2019 21:17

Bitmain Lawsuit Seeks Millions from Staffers Who Founded Riv

Crypto mining giant Bitmain is locked in a legal battle with former employees who started a rival bitcoin mining pool, Poolin. ...
17-06-2019 21:17

Zcash Rolls Out New Software Client to Bolster Network Healt

The Zcash Foundation and Parity Technologies are jointly releasing a second Zcash software client, a backup for primary client zcashd ...
17-06-2019 21:17

Binance Announces Bitcoin-Pegged Token on Binance Chain

BTCB, a bitcoin-pegged token is about to launch on Binance Chain by major cryptocurrency exchange Binance ...
17-06-2019 21:17

Internet Authority: History of Centralized Companies Being H

Centralized companies can still adversely impact crypto ? the community reacts: ?There is a solution to protect ourselves against potential abuse? ...
17-06-2019 21:17

Report: Android Phishing Malware Impersonates Turkish Crypto

Malware discovered by ESET is reportedly masquerading as Turkish crypto exchange BtcTurk to phish for login credentials ...
17-06-2019 21:17

OKCoin, Payments Processer Simplex Partner on Card-Enabled U

Major fiat-crypto trading platform OKCoin has partnered with fintech firm Simplex to enable global users to make USD deposits via debit or credit card ...
17-06-2019 21:17

Georgian Gov?t, IOHK Partner to Develop Blockchain in Educat

Georgia?s government has signed an MoU with blockchain technology firm IOHK to implement blockchain-enabled projects across business, education and go ...
17-06-2019 21:17

Bitcoin Breaks $9,300 as US Stock Market Sees Minor Downturn

Bitcoin has broken $9,300 as most of the top 20 cryptocurrencies are reporting moderate gains on the day ...
17-06-2019 21:17

Bitcoin Surpasses One Million Daily Active Addresses

On June 14, bitcoin surpassed one million daily active addresses, according to data from CoinMetrics ...
17-06-2019 21:17

Japan Data Initiative Brings Blockchain Security to 100 Majo

A data-sharing initiative involving one hundred of Japan?s biggest companies will use blockchain for its security ...
17-06-2019 21:17

Russian Central Bank Head: CBDC Under Consideration, But Not

The head of Russia?s central bank has said that while the launch of a central bank digital currency is being explored, it is not a matter for the near ...
17-06-2019 21:17

Report: Record-Breaking Coincheck Hack Perpetrated by Virus

The personal computers of employees at hacked crypto exchange Coincheck have allegedly be found to have been infected by a virus associated with Russi ...
17-06-2019 21:17

Samsung to Seek Collaboration With Platform Firms on Blockch

The vice chairman of Samsung says the firm will seek to collaborate with platform companies on the development of blockchain, AI and sixth-generation ...
17-06-2019 21:17

5 South Korean Crypto Exchanges Take On New Responsibility f

Five cryptocurrency exchanges in South Korea, including Bithumb, have increased their liability to users in line with demands from regulators ...
17-06-2019 21:17

Source: South American Online Marketplace Working With Faceb

Major South American e-commerce platform Mercado Libre has partnered with Facebook on the Libra crypto platform, according to an anonymous executive ...
17-06-2019 21:17

Korean Crypto Exchanges Revise Terms of Service in Boost for

By CCN Markets: According to The Korea Herald, Bithumb and four other major crypto exchanges in South Korea have formally changed their terms of servi ...
17-06-2019 21:17

Stupid TradingView Chart Bug Hurts Crypto Traders with ̵

By CCN Markets: TradingView, a widely used platform for traders and stock analysts, has a bug so severe in its retracement display that it’s losing ...
17-06-2019 21:17

Bitcoin Price ‘Could Fall to $6,500’ Before Next

By CCN Markets: The price of bitcoin has broken through the $9,000 mark and seems well on its way to $10,000, but brokerage firm eToro believes that t ...
17-06-2019 21:17

Europol Looks to Strengthen Crypto and Blockchain Knowledge

By CCN Markets: According to a recent press release, more than 300 private and public sector law enforcement officials and crypto experts gathered to ...
17-06-2019 21:17

Contentos Joining Binance Chain to Explore the Content Block

Contentos (COS) announced to join Binance Chain! New dApp ? will also go live this week. ?We warmly welcome Contentos community as part of our ...
17-06-2019 21:17

Bitcoin Price Hits $100+ Premium in Hong Kong After Violent

By CCN Markets: Bitcoin has already come of age as a safe haven currency, a market analyst has pronounced. According to eToro?s senior market analyst ...
17-06-2019 21:17

Billion Dollar Brokerage Giant TP ICAP Opens Bitcoin Trading

By CCN Markets: TP ICAP, the world?s largest global inter-dealer broker, with a $2 billion market capitalization, is opening its doors to bitcoin trad ...
17-06-2019 21:17

Bitcoin ETF Will Be Approved When This Happens: SEC Commissi

By CCN Markets: An SEC commissioner who’s a bitcoin skeptic admits the agency is experiencing internal disagreements over how to regulate crypto. Ho ...
17-06-2019 21:17

‘Extremely Bullish’ Bitcoin Supercharges Crypto

By CCN Markets: In the past week, the valuation of the crypto market has increased from $252 billion to $288 billion by over $36 billion as the bitcoi ...
17-06-2019 21:17

Dow Ignores Trump?s Threat to Slam China With Double Tariffs

By CCN Markets: The Dow Jones Industrial Average traded flat on Monday, despite ominous trade warnings from the White House over the weekend. In an in ...
17-06-2019 21:17

Elon Musk Turns ‘Daddy DotCom’ to Delete Twitter

By CCN Markets: What could possibly bring the U.S. Securities and Exchange Commission together" Elon Musk it seems! Late Sunday, the tech billionaire ...
17-06-2019 21:17

Crypto Firms Turn Custody Kings to Meet Institutional Demand

By CCN Markets: In the wake of high-profile hacks such as the $44 million recently removed from Binance’s coffers, BitGo CEO Mike Belshe spoke at Co ...
17-06-2019 21:17

Destiny 3 May Be Cancelled as Destiny 2 Turns Free-To-Play

By CCN Markets: Destiny, the game franchise which Bungie has used to inspire players to invest millions of hours into their product, is becoming free- ...
17-06-2019 21:17

Google Reveals Key Details of its 4K 60fps Gaming Challenger

By CCN Markets:  Google Stadia will be the first open challenger to dominant Sony or Microsoft in years. Nintendo has always continued in the fringes, ...
17-06-2019 21:17

Bernie Sanders Wants a ‘Political Revolution’ bu

By CCN Markets: Presidential hopeful Bernie Sanders has reportedly called for a full-blown “political revolution” to fix the U.S. economy. Meanwhi ...
17-06-2019 21:17


Crypto currency
Crypto Charts


Would you like your blog and posts leave here?



News most viewed Today

NYSE-Backed Bitcoin Exchange Snags PayPal & Google Veteran

NYSE-Backed Bitcoin Exchange Snags PayPal �...

The first quarter has come and gone, and there’s still no Bakkt. Nonetheless, the regulated exchange for bitcoin futures contracts, whose backers include NYSE-owned Intercontinental Exchange (ICE) and Microsoft, is boldly building out its team.... -
FlipNpik Launches ICO and Announces Listing on KEX Exchange

FlipNpik Launches ICO and Announces Listing o...

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn?t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges... -
Sugar Exchange and Modulus Global Announce Software Licensing Agreement

Sugar Exchange and Modulus Global Announce So...

The post Sugar Exchange and Modulus Global Announce Software Licensing Agreement appeared first on CCN This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn?t responsible for... -
JPMorgan Adds Privacy Features to Ethereum-Based Quorum Blockchain

JPMorgan Adds Privacy Features to Ethereum-Ba...

JPMorgan has developed a new privacy feature for ethereum-based blockchains that hides both the sender and the amount in a transaction. -
Confident in the Future: EOS Developers Attempt 10% Buyback Ahead of Major Announcement

Confident in the Future: EOS Developers Attem...

EOS developer is attempting a buyback following a record-breaking ICO last year, and the earliest investors could expect a 6,567% return -
Bitcoin Epically Rescues this Bubble Portfolio’s Tesla Stock Crash

Bitcoin Epically Rescues this Bubble Portfoli...

By CCN: A hypothetical exchange-traded fund composed of assets deemed as overvalued by the media such as Bitcoin and some tech stocks has so far this year posted a return of 17 percent, MarketWatch reports. Currently, the bubble portfolio consists... -
This Stock Market Bubble Makes the Bitcoin Crash Look Like a Joke

This Stock Market Bubble Makes the Bitcoin Cr...

By CCN: Wall Street loves to compare bitcoin to tulip bulbs and beanie babies, but if the stock market isn’t trapped in a devastating bubble then nothing is. It’s easy to trash crypto in the wake 2017 ICO frenzy. From peak to trough bitcoin lost... -
Thai SEC Deputy Secretary: New Regulation Allows for Digital Shares, Tokenized Securities

Thai SEC Deputy Secretary: New Regulation All...

Recent regulation allows for digital shares and tokenized securities depositories, according to Thai SEC deputy secretary-general Tipsuda Thavaramara -
Bitfury, Swiss Investment Firm Launch Regulated Bitcoin Mining Fund

Bitfury, Swiss Investment Firm Launch Regulat...

Bitfury and Swiss investment firm Final Frontier have launched a bitcoin mining fund after it was authorized by an EU regulator. -
Huobi Exchange Hires Compliance Chief From Global Bank State Street

Huobi Exchange Hires Compliance Chief From Gl...

Huobi Exchange Hires Compliance Chief From Global Bank State Street Huobi, the third largest cryptocurrency exchange by monthly trading volume, has hired a senior professional from a major U.S.-based global bank. Revealed exclusively to... -

More Blogs

- English ------------------------------
Interior Design & Decoration facebook twitter facebook twitter facebook twitter
Food & Recipes facebook twitter facebook twitter facebook twitter
thevegetarianrecipesclub facebook twitter
Motor facebook twitter facebook twitter
Luxury facebook twitter

beauty & Cosmetics facebook twitter facebook twitter facebook twitter facebook twitter
Healt&Fitness facebook twitter
Weddings facebook twitter
Moms & Babies facebook twitter facebook twitter
Iphone & Android twitter
Fashion & Style facebook twitter
Travel facebook twitter facebook twitter
Fragrance facebook twitter
Architecture facebook twitter facebook twitter
--- Español ---------------------------------
Fashion & Blogs facebook twitter
Recetas facebook twitter facebook twitter facebook  
Decoracion facebook twitter facebook twitter
Bodas twitter
Belleza facebook twitter facebook twitter


Motor facebook twitter facebook twitter
Salud facebook twitter facebook twitter
Viajes facebook twitter facebook twitter
TV-cine twitter
Corazon twitter
Libros twitter
Madres facebook twitter
Mac Android facebook twitter
Lujo facebook