Bitcoin Could Shed 20% & Drop to $7,400 Because Bulls Look Exhausted

2019-7-18 02:30

Bitcoin’s impressive parabolic run may have come to its conclusion. On July 11, we warned investors that the No. 1 cryptocurrency would falter to $9,000 as it flailed overheated signals. At the time, bitcoin was bouncing and market participants were expecting a new 2019 high as the market threatened to breach resistance of $12,000.

However, […]

The post Bitcoin Could Shed 20% & Drop to $7,400 Because Bulls Look Exhausted appeared first on CCN Markets

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bitcoin exhausted market look shed could bulls

Источник: ccn.com

bitcoin exhausted → Результатов: 20


Bitcoin to face an imminent drop by $400; Bull momentum vanishes as weekly chart bleeds red

Bitcoin’s meteoric surge had everyone believe that it was the start of the bull rally; however, that rally seems to have exhausted the bulls as the price is stuck in a sideways movement. Short-Term Analysis The price of Bitcoin is stuck in a sideways movement without any massive dips or surges for over five days, […] The post Bitcoin to face an imminent drop by $400; Bull momentum vanishes as weekly chart bleeds red appeared first on AMBCrypto.

2019-6-10 18:00


Фото:

Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume.

2019-3-19 01:17


Today’s Bitcoin Price Recap: Tom Lee’s Crypto Macro Factors, Bold Bitcoin is Gold Prediction, BTC Sellers Exhausted

Current Bitcoin Price Action: Sellers Exhausted at $4,000, “Cautiously Bullish” Finally, Bitcoin (BTC) jumped $4,000 mark yesterday and the market turned green. Since then, the market has turned slightly red with XRP, EOS, Binance Coin, Stellar, and Tron down less than 1 percent in the past 24-hours. While Ethereum is in the red by 1.24 […]

2019-3-17 20:00


Bitcoin Price Near Bottom as ‘Selling Has Become Exhausted,’ Says Market Strategist

Bitcoin’s decrease in volatility may signal that the bottoming process has already begun — but it may still have a way to fall. ‘A Bottoming Process Can Begin’ While everyone and their grandmother know about Bitcoin’s dramatic decrease in value following exorbitant prices in December 2017, many investors and traders in the first and foremost cryptocurrency are less aware of its decreased volatility.

2018-6-20 17:00


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