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BitOfferEN

The news that Federal Reserve cuts the rates to zero push the BTC market once rose by 10% and was closed to the $6,000 mark. After then, it started falling back and presented a hatch. The will of the capitals sold while each high level was strong. From the movement of the short-term market, the downtrend is weakened since ETC, BCH, BSV, etc. have stood above the...

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The market remained a weak shock as the change of the BTC market was few due to the battle between longs and shorts is likely to have an ending, which means the market will have something happen soon. As the moving averages above indicated a shorts signal, the short term movement is pessimistic. The daily MACD presented that the shorts were the main force. In the...

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The market plunged as all the major tokens declined, and the largest fall reached 30%. The whole market was panic. BTC once dropped to $5,555 and touched the lowest point for the recent 5 months. Even now the market has risen back by a few, the short term market has been shocked. It needs time to recover as the downtrend is destined. Shorts has become the main...

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The market dropped after an increase, and the BTC market has broken the $8,000 mark. Even the market tried to rebound, but it has run below the $8,000 mark. We should notice that the market now is led by the shorts. In addition, the rebound could not recover the level of $8,000, so the rebound is weakened. Moreover, the press came with the moving averages above...

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The market fell back as the rebound range could not expand. The $8,000 mark has done a strong press on the BTC market. The market is hard to break this level due to the volume remained low. Moreover, the short-term market was led by the shorts. Since the market rose back, the BTC market has never challenged the $8,000 mark. Even the selling market of the 4-hours...

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The market fell back as the rebound range could not expand. The $8,000 mark has done a strong press on the BTC market. The market is hard to break this level due to the volume remained low. Moreover, the short-term market was led by the shorts. Since the market rose back, the BTC market has never challenged the $8,000 mark. Even the selling market of the 4-hours...

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After the continuous declines, the market started presenting a rebound, and once reached the level of $7,966. As we analyzed yesterday, the $7,600 support was strong, so the market would start a rebound here. However, from the movement of the 4-hour chart, the MACD was weakened. Thus, the rebound will be limited by the $8,000 mark. If the market cannot break it...

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The market touched the bottom and rose back by a few. The selling market was still strong as the overall remained weakened. The BTC market once broke the $8,000 mark and reached the recent lowest point at $7,676. After then, all the major tokens surged back by a few. So far, the ETC market presented a green number while the others still indicated a huge drop. From...

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The market declined as all the major tokens dropped. Panic showed up again and the shorts took the lead of the market. So far, the BTC market has broken the $9,000 mark and once reached $8,724. From the chart, we can see that the rebound could not break the MA60, and turn to go down and break all the short term moving averages. However, in the daily chart, the...

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After the adjustment, the market started rising again as the performance of BCH, ETH and EOS were strong. From the movement of the BTC market, it still ran above the level of $9,000. In the short term, if the $9,000 mark can be held, it would do beneficial to the longs. However, in the 1-hour chart, the adjustment came with the dead cross in the MACD has not ended...

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Longs started attacking as all the major tokens indicated increases. Until now, BTC has broken through the MA10 and been one step away from the $9,000 mark. As the volume surged in the 1-hour chart, the short-term pressure at $8,800 has been broken. We have analyzed that if it cannot be broken, a dead cross would show up in the MACD of the 4-hours chart. Since the...

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The market rebounded but the range was little. From the movement of the BTC market, the market stepped back to the MA5 and surged. So far, it has been above $8,800. In the short term, the BTC market is still weak in the daily chart. As the MA10 fell, the rebound space will be limited. In addition, in the 4-hours chart, the MACD has not risen back to the zero axis,...

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The market boost and fell back. The performance of BTC was much stronger than others, and the BTC tried to break the $9,000 mark but failed while it reached the highest point at $8,964 then fell back. We should notice that the MA10 and MA60 of the BTC market crossed at the $9,000 mark, which can be considered as the dead cross. Thus, the pressure at $9,000 is...

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The market touched the bottom and rose back. So far, most major tokens have presented "green numbers" while the performance of BSV and BCH was the top. What should be noticed is that BTC refreshed the lowest point at $8,418 since the adjustment. From the movement, its decline was following the MA5, and the rebound was limited by the MA5 also, which can be...

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The decline has not ended as all the major tokens fell. And until now, the market rose back by a little bit, but as we analyzed before, the rebound cannot break through the MA5, it would continue falling. As the buying market got weakened while the volume remained low, the rebound space was limited. The BTC market hovered at the level of $8,700 and remained...