major

Auto Added by WPeMatico

Markets Update: BTC Tests Major Descending Trendline

by

The BTC markets are testing a key resistance area, with price action appearing to be making a third point of contact with a major descending trendline dating back to December 2017. Also Read: Japan Roundup: No Excessive Crypto Regulation, Quoine Launches New Platform  BTC On Cusp of Testing Major Trendline The BTC markets appear on the … Read more

BTC Markets Update: Major Symmetrical Triangle Set to Break

by

The BTC markets are currently testing two major trendlines comprising a major symmetrical triangle. As of this writing, bitcoin appears to be following a major ascending trendline that dates back to mid-2017, whilst simultaneously testing a descending trendline that runs from December’s all-time high of nearly $20,000 USD to the local high of approximately $10,000. … Read more

Markets Update: Major Crypto Markets Dump in Unison

by

The majority of crypto markets appear to have regained correlation with bitcoin, with BCH, ETH, LTC, DASH and many other major markets dumping in unison with BTC. For bitcoin, today’s retrace down to test the $11,000 USD line comprises the sixth consecutive day that BTC has lost value after testing the $20,000 area, whereas BCH … Read more