Bitcoin (Bitstamp:BTCUSD 1h) After another dramatic day of trading, Bitcoin looks to have finally found a short term bottom after briefly breaking our $7888 target price. It managed to continue dropping

Bitcoin (Bitstamp:BTCUSD 4h) Bitcoin has seen the anticipated drop through $9222 on very high volume and is moving to test historical support levels. The first level to watch is the $8575, which marks

Bitcoin (Bitstamp:BTCUSD 1h) Bitcoin continued its drop, reaching a low of $9515 early this morning. It is now in a short term bounce pattern, as shown by the ascending support. This pattern will likely

Bitcoin (Bitstamp:BTCUSD 1h) Bitcoin has dropped through the $11160 support and dropped hard. It paused briefly at the $10780 support before continuing down. Such a sharp sell off is a pretty bearish sign

Bitcoin (Bitstamp:BTCUSD 1h) Bitcoin saw further pullback from its attempted break upwards and is now sitting around the $11160 support again. This is looking increasingly like the push upwards was a fake-out,

Bitcoin (Bitstamp:BTCUSD 1h) Bitcoin made another leg up, this time briefly pushing through the $11910 resistance. This could be the start of a new bull run for Bitcoin if this trend holds. There is no

Bitcoin (Bitsamp:BTCUSD 1h) Bitcoin is currently retesting some resistance from the last local high. It saw a sharp break of the resistance of the triangle we noted on the 4h chart yesterday, so it may

Bitcoin (Bitstam:BTCUSD 1h) After making a retest of the previous high and forming a double top, Bitcoin proceeded to drop sharply down to $10263. Sharp rejections of highs such as this are a bearish sign

Bitcoin (Bitstamp:BTCUSD 1h) Bitcoin made another push higher, but ended up breaking downwards through the current support after some bearish divergence on the MACD. There was a small push below the $10990,

Bitcoin (Bitstamp:BTCUSD 1h) After pushing as low as $10000, Bitcoin saw a sharp temporary reversal. We can see there was bullish divergence on the RSI and MACD, explaining the jump. I warned that this

Bitcoin (Bitstamp:BTCUSD 1h) Bitcoin saw a strong break of the 38.2% and $11160 supports and is currently pausing briefly just above the 23.6% support. We're still on track for the ~$8250 target price,

Bitcoin (Bitstamp:BTCUSD 1h) As I was looking for in some of my recent posts, Bitcoin pushed up toward the major resistance zone around $13000 before quickly retracing. This came in the form of a rejection

This post is based on some of my current research. I'll occasionally do these on different topics such as fundamental analysis of coins or fundamentals of the market as a whole. Market Cap Distribution

Bitcoin (Bitstamp:BTCUSD 1h) After breaking downwards from the ascending channel and down through a shallower support, Bitcoin appears to have met temporary support around the $11160 level, which aligns

Bitcoin (Bitstamp:BTCUSD 1h) After falling straight through the support at both $11160 and $10000, Bitcoin has finally bounced after reaching as low as the $9200s. We saw strong bullish divergence on the

Bitcoin (Bitstamp:BTCUSD 4h) After another failed attempt to break upwards from the flat channel, bitcoin broke through its major support in spectacular fashion. We've found short term support around $11160,

Bitcoin (Bitstamp:BTCUSD 4h) Bitcoin did not end up pushing higher out of the flat channel, meaning that the failed break formed a lower high. We then saw a swift drop to make a retest of the major support

Bitcoin (Bitstamp:BTCUSD 4h) There was a small break upwards from the flat channel I identified yesterday, followed by a swift rejection of resistance and a dip back into the channel. Unless we see a sustained

Bitcoin (Bitstamp:BTCUSD 4h) Bitcoin broke downwards out of yesterday's ascending channel and made a retest of support at $12800. There was a sharp rejection of this support level, suggesting some strength

Bitcoin (Bitstamp:BTCUSD 4h) There is still bullish divergence on the MACD despite the sharp drop earlier. Bitcoin appears to currently be in an ascending wedge formation, which is a bearish continuation