Tag: bitcoin technical analysis

  • Analysis

    Bitcoin Price Analysis 30/1/2015 – Hold, Hold, Hold,…….

    We spotted yesterday what seemed to be an attempt at reversing  the current bearish trend, as bitcoin price was well supported at the $220-$230 level; however, the attempted reversal was resisted shortly and the price began to fall again after reaching a high of around $243. By drawing...

    Jayanand Sagar | January 30, 2015 | 7:09 pm
  • Analysis

    Bitcoin Price Technical Analysis 28/1/2015 – Bears In Control

    Bitcoin price dropped further today to trade around $250 on most times of the day. The price touched values around the $230 support level earlier today could be considered a low of the current bearish trend line. By studying the 2 hour BTCE (BTC/USD) charts from tradingview.com, we...

    Jayanand Sagar | January 28, 2015 | 7:14 pm
  • Analysis

    BTC Price Technical Analysis for 28/1/15 – Correction Halts Bullish

    The market pulled the price of bitcoin downwards after rising to over $310 2 days ago which means that a high percentage of traders are taking profit by closing their long positions. The take-profit theme of yesterday’s market halted the bullish wave which started a few days ago....

    Jayanand Sagar | January 27, 2015 | 6:07 pm

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.


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