Bitcoin Just Shattered a Key Trendline, Leading Traders to Target $5,000

2020-3-28 20:00

After an extended bout of sideways trading within the upper-$6,000 region, Bitcoin’s bears finally gained the upper-hand over bulls, leading the benchmark cryptocurrency to plunge to its support within the lower-$6,000 region.

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region within bitcoin leading gained finally bears

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Bitcoin Could “Teleport” Higher if It‘s Able to Surmount This Key Level

Bitcoin’s price action seen throughout the past few days has quite boring for traders, with the benchmark digital asset forming a relatively tight trading range between $6,600 and $6,800. This period of range-bound trading comes shortly after the crypto’s intense rebound from its recent lows within the $3,000 region, with the momentum incurred here being...

2020-3-27 21:00


The Next Few Weeks Will “Define the Future” of Bitcoin After Breaking Multi-Year Trendline

Bitcoin has risen today in tandem with the traditional markets, finding what appears to be a secure foothold within the lower-$5,000 region. This has allowed the benchmark crypto to begin confirming its recent lows as a mid-term bottom, but it still remains unclear as to where it will trend next. One prominent analyst is now...

2020-3-18 00:30


Ethereum Is About to “Moonshot” After Surging Past This Key Level

Ethereum (ETH) may be on the cusp of seeing a massive parabolic rally, with the crypto’s recent bullishness laying the groundwork for what could be a violent upwards movement. The firm uptrend that ETH has been caught within throughout 2020 has allowed it to slowly grind up towards the $200 level – a price region... The post appeared first on NewsBTC.

2020-2-6 00:00


Ôîòî:

Ripple offloads nearly $200m in XRP; will this thwart its growing signs of bullishness?

XRP has seen some decent bullishness over the past several days, which has allowed the cryptocurrency to secure what appears to be a strong foothold within the mid-$0.20 region. This bullishness has come about in the face of turbulence within the aggregated crypto markets, with Bitcoin struggling to break through the intense resistance that exists […] The post Ripple offloads nearly $200m in XRP; will this thwart its growing signs of bullishness? appeared first on CryptoSlate.

2020-2-5 17:00


Ethereum Has Yet to Post a Strong Bottom; Are Fresh Lows Imminent?

Ethereum (ETH) has been moving in tandem with Bitcoin as of late, with BTC’s bullishness allowing the cryptocurrency to put significant distance between its 2020 lows and its current price levels. It is important to note that although ETH appears to have gained a solid foothold within the $170 region, the cryptocurrency has been struggling... The post appeared first on NewsBTC.

2020-1-31 02:00


Bitcoin Breaking This Single Level Will Spark a Parabolic 800% Rally

Bitcoin’s 2020 uptrend has drastically shifted the market structure of BTC, which was previously shaping up to be incredibly bearish while it was hovering within the $6,000 region. The subsequent rallies from this price region, however, have allowed it to climb all the way up to $9,200, which appears to be a key resistance level... The post appeared first on NewsBTC.

2020-1-21 00:00


These Simple Factors Suggest Ethereum Will Soon See a Major Bull Movement

Ethereum has been outperforming Bitcoin over the past 24-hours, posting a massive upwards movement that has allowed it to secure a position within the $170 region, which marks a notable climb from ETH’s recent lows around $120 that were set in the final weeks of 2019 Analysts are now noting that they anticipate Ethereum’s upwards... The post appeared first on NewsBTC.

2020-1-18 20:30


Breaking This Line Could Cause Bitcoin to Turn Parabolic and Rally 1000%

It is beginning to look increasingly as though Bitcoin’s (BTC) recent rally from its early-January lows of $6,800 to its recent highs of $8,900 is much more than a fleeting relief pump. BTC bulls have been able to hold the crypto within the upper-$8,000 region for the past day, signaling that buyers currently have enough... The post appeared first on NewsBTC.

2020-1-16 00:00


Gigantic Ethereum Buy Wall May Be Enough to Spark a Parabolic Rally

Ethereum has been closely tracking Bitcoin’s volatile price action as of late, which head led ETH to gain a firm position within the $140 region. The cryptocurrency’s bulls have shown signs of growing vitality over the past several days, which comes as the altcoin market begins flashing hints of having immensely bullish near-term potential. It... The post appeared first on NewsBTC.

2020-1-13 01:00


As Ethereum Hits a Make or Break Level, This Factor Could Spell Doom for What’s Next

Ethereum has had a great week, as it has been able to post consistent gains that have allowed ETH to claim a stable position within the $140 region. Despite this, it has been woefully underperforming Bitcoin over the past 24-hours, and it is unclear whether it will soon begin a descent as investors transfer capital... The post appeared first on NewsBTC.

2020-1-8 23:00


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Bitcoin Soars Past $106,000 For A New ATH — What’s Driving The Frenzy?

Optimism regarding a potential strategic reserve fund proposed by President-elect Donald Trump has propelled Bitcoin to surpass $106,000 for the first time. Related Reading: $36 Trillion Question: Can Bitcoin Really Save The US? Peter Schiff Thinks Not Since Trump won the election on November 5, 2024, the cryptocurrency had an amazing rise of over 50%, […]