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BitOfferEN

The market once boosted again, and BTC failed at attacking the $7,000 mark again. After then, it fell back soon and left a short-term divergence. Until now, it has been back to the level of $6,900. Since the market was activated, it is hard to cut the morale of the longs now. Thus, the market might keep fluctuating. For now, the MACD of the 1-hour chart and...

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The market remained a sharp volatile. BTC once broke the $7,000 mark and created the new high since it rebounded. However, after then, the market fell back after it boosted with a high volume. As for now, it has been back to the level of $6,800. In the short-term, a dead cross has shown up in the MACD of the 1-hour chart, which is above the zero axis. It seems...

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The market remained a strong shock as all the major tokens rose. The BTC market hovered around the level of $6,600. But from the movement of the 1-hour chart, after the volume increased, the subsequent volume decreased. Thus, in the short-term, we should be careful that the market falls back from the high positions if the volume keeps decreasing. At the same time,...

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The market continued adjusting as all the major tokens plunged by more. BTC has broken the support at $6,250, and it has triggered the short signal. A dead cross has shown up in the MACD of the 4-hours chart. We have mentioned that once the dead cross showed up, it means the market would test the support at $6,000, which is also the MA20. Including the movement of...

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The market remained a weak adjustment as all the major tokens plunged. The BTC market hovered around the level of $6,300. As for now, the MACD of the 1-hour chart was weakened, which means the adjustment has not over. We need to be careful that a dead cross shows up in the MACD of 4-hours chart. Once the dead cross shows up, the market would tend to step back to...

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The market plunged as the BTC market broke the support at $6,400. As we said before, rebound without volume should be considered as the temptation. And since it held on the level of $6,400 and did not attack the above level, we should care that the market falls back. From the movement of the 1-hour chart, the MACD has been into the zero axis, which means the...

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The market remained shocking at the high positions. The BTC market hovered around $6,400 as the volume was low. From the movement of the MACD in the 1-hour chart, the strength of the longs is weakened since the volume remained low. If it can be held at $6,400, then it would be fine. In addition, the MACD of the 4-hours chart has gradually been back to the zero...

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The market continued the rebound as all the major tokens boosted. The performance of BSV was the best. The BTC market once broke the pressure at $6,400, and touched the level of $6,600 and fell back since the level of $6,600 is the position that the MA 5 weeks is at. As for now, the strength of buyers in the MACD of the 1-hour chart was weakened, and the volume...

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A boost showed up and turned the numbers from red to green. The divergence in the MACD of the 1-hour chart brought a rebound but still was limited by the cross of the MA5 and MA10, which is located at the level of $6,350. A golden cross has shown up in the MACD of the 4-hours chart, which means that in the short-term market, a rebound is still required. However,...

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The market continued dropping as all the major tokens plunged. BTC once decreased below the $6,000 mark and once touched the level of $5,860. As we analyzed before, the market seems to be bearish again, and we should be careful that the MACD of the 4-hours chart breaks the zero axis. From the movement of the latest market, a divergence has shown up in the MACD of...

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After the decline, the market rose back by a few but the market was still bearish. BTC once touched the level of $6,000. From the movement of the 4-hours chart, MACD has already run into the zero axis. At the same time, the candlesticks chose to go down in the daily chart. Those signals above all indicated to us that the market was on the process of the...

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The market all fell back after surging. As we said before, the BTC market increased without volume was a temptation. And the $7,000 mark was full of resistance, and a perfect position to short. Since the volume was low, it cannot support BTC to run above it. A divergence still exists in the MACD of the 4-hours chart, which means that an adjustment is still...

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The market remained sideways as the capitals all stay quiet. After failing at attacking the level of $6,800, longs became weakened. If it continues the situations like this, longs may start turning to the shorts. A long sideways always bring up a plunge. In addition, in the 4-hours chart and the daily chart, the BTC market is at the end of the rising triangle, the...

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Reviewing the market until now, all the major tokens surged and fell back as BTC once broke the $6,800 mark while the volume was insufficient, then fell back to the support at $6,400. With the American stock market boosted, a divergence showed up in the MACD of the 4-hours chart, which means that the market will start adjusting while the support at $6,400. The...

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Unlimited QE announced by FED, the global stock markets rebounded sharply. However, the performance of the BTC market was normal, the market remained a narrow shock as BTC hovered around the level of $6,600. Today is the fifth day after the golden cross showed up in the daily chart, the short-term market must attack the pressure at $6,800 while the critical point...

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Under the background that stock markets experienced sharp rebounds, the cryptocurrency market rose and fell back as the rebound range did not reach the market expectations. The BTC market did not break the pressure at $6,800, the above space cannot be activated, which means that the buyers are not strong enough. As we analyzed, the short-term market would remain...

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The market boosted and fell back as the BTC once attacked the pressure at $6,800, but then fell back sharply. Even then, the 4-hours chart of the BTC market became stronger, and the pressure is still located at $6,800 and presented a rising triangle. As the time goes, the turning point will come soon. But the volume was not that perfect, it was important to the...

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The market started attacking the above pressure as all the major tokens surged. The BTC market once broke the pressure at $6,800, then fell back since the MA20 limited its boost. However, as the 4-hours chart kept performing more and more bullish, the short-term market is still likely to challenge a higher level. We have mentioned that it had been the 4th day...