Tag Archives: Macro

Bitcoin’s Overnight Crash Doesn’t Stop Experts From Remaining Macro Bullish

On the eve of May 31, Bitcoin briefly dropped to $ 8,000 in an 11% drop: Are experts still macro bullish on its price trend? Analysts breakdown potential scenarios in which bitcoin recovers to a new 2019 high or drops below key supports. Cointelegraph.com News

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Bitcoin Price Analysis Macro Resistance Could Push Price Down to $6,000s

n nn nn n nnSummaryThe bitcoin market is seeing some pullback as the monthly and weekly resistance level has proven to be a tough level to crack. On the daily level we can see a couple of attempts to break the level, but ultimately this was matched with strong selling pressure.On bitcoins four-hour chart we can see that support that ...

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Bitcoin Price Analysis Sideways Consolidation Paves the Way for Macro Uptrend

n nn nn n nnSummaryBuying pressure continues as the bitcoin market holds above the macro, bearish trendline and the monthly resistance level.There was a small amount of selling pressure but it was absorbed by eager bulls. The selling pressure seems to be profit taking as we continue to establish a low time frame uptrend of higher lows and higher highs.On ...

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Bitcoin Price Analysis Upward Drift Continues Following Established Macro Support

n nn nn By Bitcoin SchmitcoinCopyedit by Ashley LachanceSince mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance shown below as a red band. This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the ...

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Bitcoin Price Analysis Consolidation Breaks Out Into Macro Resistance Test

n nn nn Over the course of the last 10 days, bitcoin has managed to rally nearly 20 in value as it burst through two major resistance levels and is now beginning the test of a major macro levelFigure 1 BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two ...

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Bitcoin Price Analysis Strong Impulse Tests Macro Support Levels

n nn nn Finally, after about a week or so of a tight, range-bound market, bitcoin poked right through support. This swift move dropped the price nearly 10 in the span of just a few short hoursFigure 1 BTC-USD, Hourly Candles, 11 DropNot only did this move occur on high spread, it occured on high volume. This level of supply ...

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AWE 2016, Establishing a Household Appliances Macro Ecosystem

SHANGHAI, March 5, 2016 /PRNewswire/ — AWE 2016, the most important event for the Chinese household appliance industry, is set to kick off on 9 March 2016. The AWE 2016 will serve as an innovative platform showcasing intelligent ecology and the future of family living. Under the… PR Newswire: Internet Technology

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