Bitcoin Technical Analysis 16th JulyBy Forexminute – Yes Option | Bitcoin | Jul 16, 2014 11:31AM BSTAfter all the extreme volatility in the digital currency over the last few weeks, we saw another day where neither the bulls nor the bears are making any noticeable impact. As seen from the BTC/USD hourly chart, the pair is finding itself well and […]
Bitcoin Technical Analysis 10th JulyBy Forexminute – Yes Option | Bitcoin | Jul 10, 2014 8:35AM BSTAs can be seen from the hourly BTC/USD chart, the price of Bitcoin is now consolidating sideways and has managed to sustain just above support S1. Since the lower-top lower-bottom structure still holds and there is no sign of a reversal as yet, 600 […]
Bitcoin Technical Analysis 1st JulyBy Forexminute – Yes Option | Bitcoin | Jul 1, 2014 12:08PM BSTBitcoin traders finally got the price breakout they have been waiting for, as the USMS auction was considered a success and drove the price up nearly 7% over the course of yesterday’s trading to reach the 640 level having been stuck in the […]
Technical Analysis Reports
Japanese Yen Pairs on the Move (6/23 Technical Analysis Video)By Forexminute – Fan Yang | Technical Analysis Reports | Jun 23, 2014 3:23PM BSTTweetBank of Japan’s President Haruhiko Kuroda spoke about monetary policy yesterday. Nothing new here – he was just reiterating that the stimulus measures are working […]
Bitcoin was packed with news this week.
A bitcoin company listed on the Australian stock market, bitcoin was embraced on the Apple platform, bitcoin was announced as coming to the NCAA and it was determined that bitcoin is even less anonymous than people thought.
Bitcoin Goes to the Australian Stock Market
On June 15, digitalBTC was listed on the Australian stock exchange trading […]
Australian multi-service bitcoin company digitalBTC will make history today as the first cryptocurrency-focused company to trade on a major mainstream stock exchange.DigitalBTC, which began as a mining operation but also engages in bitcoin trading and is developing retail and consumer applications, debuted on the Australian Securities Exchange (ASX) this morning as Digital CC Limited (trading as digitalBTC; ASX code: DCC).The […]
Since my last analysis on Bitcoin last week, the resistance I spoke about has been broken with aplomb, and it seems we could see a further rise to around 725 fairly soon, with some very strong bullish technicals on show. Last week we posted the following chart (click to expand): Where I highlighted in a blue ellipse some […]
As I predicted over the weekend, Bitcoin is struggling to rise above a confluence of resistance zones represented by two key Fibonacci retracement levels on different timeframes. If you recall, during my previous BTC/USD analysis, I posted the following two charts (Weekly and Daily timeframe respectively): Where I mentioned. “Price has hit some resistance, marked by […]
NMC/BTC Technical Analysis – 12th May 2014 By Ashton Fraser on May 12, 2014 in Trading Namecoin vs Bitcoin has been continuing on the meandering path which it’s been negotiating over the past fortnight, between two Fibonacci levels. During my last technical analysis on NMC/BTC, I posted the following Daily chart: For which I performed the Fibonacci study […]
As we have been discussing almost all week, Bitcoin is threatening to rise to a certain resistance level – most importantly, one of our conditions which I stated yesterday has been fulfilled, giving me great confidence in the anticipated rise. During yesterday’s analysis, I posted the following chart (click to expand): For which I’ve performed the Fibonacci study […]
