Market Insight
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Bitcoin - Bullish Market Was Confirmed

BTCUSD, 1W

Different timeframes give different market conditions, different directions of possible market movements and as a result different signals. This time, let's look at the weekly timeframe and try to understand the further market movements in the long run. The important signal which we have now - the price broke the downtrend lines and it confirmed the downtrend...

5321 news 8 months ago
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Explanation of how Bitcoin Was able to Make Such a Big Rally

BTCUSD, 360

Many friends of mine, we can call them newbies :) asked me how it was possible to see such a big rally this week. Obviously they all think that there are a lot of buyers in the market again, a lot of bulls. These are financial markets, with Bitcoin' being a highly speculative market, it's even worse. The fact that we saw such a big rally is because there were...

2298 news 8 months ago
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Bitcoin: Final pressure point before the new bull market.

BTCUSD, 1W

Using the Gaussian Channel, we can see how last week's aggressive rise has now entered into the bearish wave length. In the 2014/ 2015 bear cycle, the time it breached this length marked the final pressure point before the new bull market started. It is rational to assume that Bitcoin has entered into a "buy-the-dip" phase as the consolidation of the accumulation/...

7055 news 8 months ago