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Added 05 December 2017
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Brief euphoria gripped the bulls last week as Bitcoin's price rocketed up 20% from last November's dump level around $6618. However, the initial test of the previous support at $7933 appears to be a failed retest, providing bears with an excellent entry.
This move is also the next piece of a classic distribution pattern. I...
Bitcoin wobbles in a tight 10% range after its massive plunge in late September. So far, it's found support in May and June's orderblocks, but price action is beginning to show classic signs of distribution in a market cycle.
Similarly, the altcoin marketcap has held relatively stable around $70 billion during the last wee...
Bitcoin is off to the races again after a month-long consolidation period.
The break of resistance at $8800 could trigger another wave of euphoria, with the area around $9800 posing a reasonable target.
The altcoin marketcap also continues to trend upward gently. The news of Binance restrictions for US customers destroy...
