fedorenkoalexei

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BITFINEX:BTCUSD 91% | 22 EOSUSD 4% | 1 COINBASE:BTCUSD 4% | 1
fedorenkoalexei fedorenkoalexei BTCUSD, D,
BTCUSD: Bitcoin recovery won’t be easy
13 0 0
BTCUSD, D
Bitcoin recovery won’t be easy

Bitcoin managed to stage a recovery on Monday, with the price reached June 12 highs marginally below the $6,800 area. However, despite the immediate downside pressure has partially eased, the coin could resume the drop as the overall picture still looks unconvincing. During the early hours on Tuesday, BTCUSD has been trading with a bearish bias but keeps above ...

fedorenkoalexei fedorenkoalexei BTCUSD, D,
BTCUSD: Bitcoin: downside risks still persist
105 0 1
BTCUSD, D
Bitcoin: downside risks still persist

Bitcoin trading was quite calm during the weekend, with the price has been consolidating above the $6,300 area after a drop to fresh 2018 lows earlier last week. The digital currency makes shallow recovery attempts on Monday and so far fails to attract buyers, which confirms that the bearish risks still persist. The recent hacks in South Korea did have a ...

fedorenkoalexei fedorenkoalexei BTCUSD, D,
BTCUSD: Bitcoin needs to hold $6,000 or things will get even worse
103 1 1
BTCUSD, D
Bitcoin needs to hold $6,000 or things will get even worse

BTCUSD has recovered decently on Thursday as the coin managed to attract buyers at early-February lows marginally above the $6,000 threshold. Moreover, the cryptocurrency market breathed a sigh of relief after the influential SEC official said bitcoin and Ether are not securities. These two factors drove bitcoin north, to $6,700. Despite the local rebound, ...

fedorenkoalexei fedorenkoalexei BTCUSD, D,
BTCUSD: Bitcoin: unstoppable bears
126 0 2
BTCUSD, D
Bitcoin: unstoppable bears

Bears still remain in control of the cryptocurrency market as after a period of consolidation, digital coins switched to a free fall which continues since Sunday. Bitcoin has accelerated its downtrend yesterday, with the price plunged below the $6,400 level, to early-February lows marginally above the $6,100 area. During the early hours on Thursday, the coin has ...

fedorenkoalexei fedorenkoalexei BTCUSD, D,
BTCUSD: Bitcoin: $6,000 on the radar
115 0 2
BTCUSD, D
Bitcoin: $6,000 on the radar

After failed recovery attempts, bitcoin has resumed the decline and suffered another leg lower on Tuesday, which was the worst day since February. The digital currency has accelerated its decline and plunged below the key support around $6,500, down to early-April lows marginally above the $6,400 threshold. The persisting bearish factors including criticism ...

fedorenkoalexei fedorenkoalexei BTCUSD, D,
BTCUSD: Bitcoin: timid signs of recovery
157 0 1
BTCUSD, D
Bitcoin: timid signs of recovery

Bitcoin is making recovery attempts on Tuesday but the momentum looks too slow and unconvincing to call a bottom and bet on a more significant rebound for the time being. The price has met support close to the $6,600 area yesterday, and now the coin is trying to get back above $7,000. The market is overwhelmed with the industry security issues again, after ...

fedorenkoalexei fedorenkoalexei BTCUSD, D,
BTCUSD: Bitcoin: time to buy?
251 2 3
BTCUSD, D
Bitcoin: time to buy?

The world's largest cryptocurrency by market capitalization has dropped over 10% on Sunday, taking its year-to-date losses to 50% amid the reports that a relatively small South Korean cryptocurrency exchange Coinrail was hacked. Despite Coinrail's public statements did not mention bitcoin, BTCUSD suffered dramatically along with other digital currencies and ...

fedorenkoalexei fedorenkoalexei BTCUSD, D,
BTCUSD: Bitcoin: wait-and-see mode persists
86 0 1
BTCUSD, D
Bitcoin: wait-and-see mode persists

BTCUSD still struggles to get back above the $7,800 area which is a barrier on the way to the $8,000 threshold. The coin has been trading within the established short-term channel which needs to be broken for a more clear direction. Traders continue to refrain from more aggressive buying amid a lack of positive catalysts in the industry. On the other hand, a ...

fedorenkoalexei fedorenkoalexei BTCUSD, D,
BTCUSD: BTCUSD still lacks direction
84 0 1
BTCUSD, D
BTCUSD still lacks direction

Bitcoin drifted lower Wednesday, along with other cryptocurrencies. BTCUSD however managed to keep above $7,400 and has resumed the recovery attempts today, with $7,800 remains the key hurdle for bulls in the short-term. Some negative impact on digital currencies came from SEC chief statement saying that the agency won’t ease securities rule for ...

fedorenkoalexei fedorenkoalexei BTCUSD, D,
BTCUSD: Bitcoin needs reversal confirmation
191 1 2
BTCUSD, D
Bitcoin needs reversal confirmation

Bitcoin has formed a reversal pattern which signals the uptrend may be coming, but some technicals highlight the bearish momentum is probably not exhausted yet. BTCUSD finished above the $7,500 area yesterday, with the price struggles to keep the upside impetus on Wednesday as bulls continue to refrain from challenging the key $7,800 threshold. There are no ...

fedorenkoalexei fedorenkoalexei BTCUSD, D,
BTCUSD: BTCUSD back on course for $6,000?
155 1 4
BTCUSD, D
BTCUSD back on course for $6,000?

After a positive dynamics over the weekend, BTCUSD resumed the bearish move as the coin failed to challenge the local resistance at $7,800 amid rather thin trading volumes. Moreover, the price has derailed the $7,500 area, so a further decline can be expected in the short term. Apple co-founder Steve Wozniak said blockchain will become a widespread technology ...

fedorenkoalexei fedorenkoalexei BTCUSD, D,
BTCUSD: Bitcoin needs to overcome $7,800
95 0 1
BTCUSD, D
Bitcoin needs to overcome $7,800

Bitcoin has appreciated over the weekend and finished the week with a 5% gain. The price struggles to keep the bullish momentum on Monday, though it keeps above $7,500 so far, so another upside break is still on the cards. Interestingly, the dollar mostly shrugged off the impressive US employment data on Friday, which suggests the USD bulls are apathetic for ...

fedorenkoalexei fedorenkoalexei BTCUSD, D,
BTCUSD: Bitcoin set for another bullish attempt
88 0 1
BTCUSD, D
Bitcoin set for another bullish attempt

Bitcoin managed to stay afloat yesterday and as a result, closed just below the $7,600 resistance level which continues to cap bullish attempts. The cryptocurrency looks set for further rise but still lacks momentum in the directionless market on Friday. In the short-term charts, BTCUSD is stuck between the $7,400 and $7,600 figures, with recent bias signals ...

fedorenkoalexei fedorenkoalexei BTCUSD, D,
BTCUSD: Bitcoin lacks momentum
77 0 1
BTCUSD, D
Bitcoin lacks momentum

Bitcoin fails to stage a meaningful recovery this week, with the price struggles to overcome the key immediate resistance at $7,500. BTCUSD needs a clear break above this threshold in order to show a more sustainable upside bias, but obviously lacks momentum so far. The coin is attempting to erode the barrier on Thursday, up 3% on the day. Some bearish ...

fedorenkoalexei fedorenkoalexei BTCUSD, D,
BTCUSD: BTCUSD: too early to call a bottom
131 1 2
BTCUSD, D
BTCUSD: too early to call a bottom

Bitcoin price has recovered strongly on Tuesday, with the price jumped from fresh 1.5-month lows around $7,000 to the $7,500 area. Today, the coin is trading flat on the day and struggles for direction amid relatively low trading volumes. There were two reasons behind the recent short-term price spike. The first driver is the technical one. The $7,000 area ...

fedorenkoalexei fedorenkoalexei BTCUSD, D,
BTCUSD: BTCUSD: bears in control
108 2 1
BTCUSD, D
BTCUSD: bears in control

Bitcoin continues to depreciate, with the price is within striking distance of the $7,000 milestone. The selling pressure has intensified after a break below the $7,200 intermediate support. On Tuesday, the coin is changing hands around $7,100, down 1.4% on the day. The key reason behind the recent sell-off is a technical one. As the digital currency failed ...

fedorenkoalexei fedorenkoalexei BTCUSD, D,
BTCUSD: Bitcoin: downside risks persist
72 0 1
BTCUSD, D
Bitcoin: downside risks persist

BTCUSD remains on the defensive, with the pair failed to stage a bounce over the weekend as attempts to break the local resistance around $7,600 attracted another sell-off towards the area close to the $7,000 threshold. The coin refreshed April 12 lows at $7,154 on Monday, and downside risks still prevail. Despite the cryptocurrency market is quite ...

fedorenkoalexei fedorenkoalexei BTCUSD, D,
BTCUSD: Bitcoin licks wounds, remains vulnerable
86 0 1
BTCUSD, D
Bitcoin licks wounds, remains vulnerable

Bitcoin dropped for the fourth day in a row yesterday, with the price derailed an important intermediate support around $7,400. The coin refreshed April 12 lows at $7,260 and trimmed intraday losses by the end of the trading day. During the morning hours Friday, BTCUSD licks its wounds in the $7,600 area but remains vulnerable to further losses. This time, ...

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