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BitOfferEN

The market continued the rebound as all the major tokens surged again. The BTC market once boosted, then was limited by the MA20 and fell back. From the movement of the 4-hours chart, the pressure at $6,800 was strong, it will cause the market to shock in the range from $5,600 to $6,800. We should notice that the golden cross in the MACD of the daily chart is...

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The market turned as all the major tokens surged and fell back. A new candlestick updated on the 4-hours chart of the BTC market, then the volume increased and started attacking the MA20 as it once touched the level of $6,600. However, as for now, the fall back was significant. We have analyzed several hours ago, the shocked would not last for long, the market...

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The market remained a weak adjustment as the volume was low. However, even the stock market plunged, but it did not happen on the BTC market. As for now, in the daily chart, the MA5 above and the MA10 below formed a narrow shocking range, but it won't last for a long time. In the short-term market, the BTC market defended at the level of $5,600. The market would...

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Coronavirus got more serious, Dow Jones Futures index triggered circuit breaker again. All the major tokens decreased, while the Bitcoin market dropped down and failed at defending the $6,000 mark, then stepped back to the MA10 at $5,600 in the 1-hour chart. As we analyzed before, the market dropped to the support at $5,600 after the $6,000 mark was broken. The...

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The whole market plunged as the volume remained low and bad news came out. The BTC market once broke the $6,000 mark. The chief analyst of BitOffer has said that the 1-hour chart would turn as the falling triangle showed up, and as the MACD ran into the zero axis, which means that an adjustment is required but still hovered from $6,000 to $6,400. We should focus...

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The market rebounded as the performance of BSV, BCH and EOS were awesome. A dead cross has shown up in the MACD of the 4-hours chart, which means an adjustment is required while the support at $6,000 is located at the MA5. The BTC market has completed the step back, but from the movement, it remained shocked in the range between $6,000 to $6,400. The short-term...

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The market fell back after an increase as the BTC market failed at attacking the $7,000 mark. A divergence has shown up in the 30-mins chart of the BTC market, which means the adjustment is required. However, the MACD of the 4-hours chart remained bullish, if the support at $6,400 can be held, BTC is still likely to attack the pressure at $7,000 again. As we...

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As the stock market got warmer, the cryptocurrency market surged. The increase of BSV once reached 30%, while that of BTC and ETH is more than 10%. Longs has taken the lead of the market. The movement ran as we analyzed several hours ago: After breaking the $6,000 mark, the BTC market stepped back, and each dip would be the buy-in point if the $6,000 mark can be...

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The market continued the rebound as all the major tokens boosted. The volume of the BTC market increased, and brought the market to break the $6,000 mark, and even once attack the low level of$6,400 last December. Now the BTC market has recovered the MA10. The MACD of the 4-hours chart has been back above the zero axis, which means that the longs started playing...

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As the Chinese stock market and the Hong Kong stock market rose back, the market presented a rebound, and all the major tokens started increasing while the strength was weak. We can see that longs is still limited. The BTC market still cannot break the pressure at $5,600 since the volume of the short-term market was low. Besides, sideways were indicated in the...

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Another Circuit breaker was triggered, and it was the fourth time. To Cryptocurrency market, the relevance between the American stock market and the cryptocurrency market is weakened due to the BTC market did not follow the American stock market to drop down while it experienced a rebound. After reviewing the global assets, since the safe-haven capitals kept...

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The American stock market dropped by 5% when the market opened but the BTC market experienced a quick rebound and once presented green numbers. As for now, all the major tokens touched the bottom and rose back. From the movement of the 4-hours chart of the BTC market, the MACD is still on the process of adjusting. If the support at $4,800 can be held, it should...

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As the Dow Jones futures index plunged, the market experienced a further adjustment. The declines of major tokens increased, which might cause a panic sell to happen. As for now, the BTC market has broken the MA5, a bearish market was presented again. We have mentioned several times that the downtrend remained. In the 4-hours chart of the BTC market, the MACD is...

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The market presented an adjustment of which strength was weak. Even the America Stock market surged, the market was not driven by it, which indicated that the moods were down. However, the BTC market still stood above the MA5 and remained shocked from $4,800 to $6,000. Each dip should be the buying in points if the support at $4,800 can be held. Thus, buy low and...

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The market fell back significantly since the ETC market started falling first. Long is weakened. In the short term, BTC has hovered around the level of $5,000 several days. This positions will be the divide of the longs and shorts recently. Even the downtrend was weakened, but overall, the market is still bearish. In addition, the American Stock market came off...

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The market presented a gradual rise as all the major tokens started rebounding. Now the BTC market has stood above the MA5, and the current movement remained in a range from $4,800 to $6,000. We have mentioned several times that buy low and sell high within this range and stop-loss at $4,750 was available. Besides, as the Dow J futures index boosted, the American...

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With the effect of Dow J, the market once rose and then fell back since the longs is still weakened. The MACD of the 1-hour and 4-hour chart of the BTC market remained bearish. In the short-term, it is hard to break the $6,000 mark. However, even the trend remained weakened, the shock range was not small. As we mentioned before, buy low and sell high in the space...

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The American Stock market dropped by 12% and triggered the circuit breaker, which has created the largest decline since 1987. However, it did not bring up any panic to the cryptocurrency market, and the overall market rose back by a few. it seems like a good signal. But the decline of ETH, LTC, BSV, ETC, etc. is still significant. The BTC market ran as we analyzed...