Analyst Reveals Why Georgia’s January Election Is Crucial for Bitcoin

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Bitcoin Indicator That Predicted March’s 60% Drop Is Bearish Again

Bitcoin is seemingly stuck in no man’s land. As this outlet has covered extensively, the cryptocurrency has been caught between a crucial support and a crucial resistance; every time BTC attempts to break past $8,500 or $10,000, it is rejected.

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Ethereum, DASH, Dogecoin: Price Analysis, June 1

Bitcoin's price recently bounced off the crucial $9,500-support which drove the collective cryptocurrency market to a mild upswing. The market cap for the coin rose to $269.5 billion while Bitcoin's dThe post Ethereum, DASH, Dogecoin: Price Analysis, June 1 appeared first on AMBCrypto.

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Bitcoin Closes May Candle Above Crucial Resistance, and That’s Big for the Bull Case

Just over an hour ago as of this article’s writing, Bitcoin closed the price candle for the month of May. This was a very important technical event for the cryptocurrency, analysts have said.

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Bitcoin Closing the May Candle Above $9,360 is Crucial For Bulls: Here’s Why

Update (3 hours after the close): Bitcoin has closed the May candle above the crucial $9,360 level, managing to take $9,450. Analysts say this is “incredibly significant for bulls” and may show that there is more upside in the works.

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Crypto Hedge Fund Manager Explains Why May Was Crucial for Bitcoin (BTC)

Bitcoin (BTC) and cryptocurrencies are usually associated with libertarian or even anarchist ideologies. However, Experts say that things may have been changed this May.

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Bitcoin Monthly Close is 1 Day Away: Here’s the Level That May Trigger a Big Rally

In just a day, Bitcoin will close the May’s price candle. Analysts say that this close will be crucial for indicating in which direction the cryptocurrency market heads next. Analyst Eric “Parabolic” Thies, for instance, recently identified a level that bulls should close above to confirm that more upside is in the works.

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Ethereum Just Breached a Crucial Level, and That Means Bitcoin May Rip Higher

After days of stagnating, both Bitcoin and Ethereum have registered strong gains over the past 48 hours. While it is normally BTC leading the pack, this time, it’s ETH. The second-largest cryptocurrency and largest altcoin is up 7% in the past 24 hours.

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Bitcoin Sells Off At $9.5K Ahead of Trump’s China Response; What’s Next

Bitcoin breaks below $9,500, a crucial support level, a day after breaching it to the upside. The cryptocurrency pared its intraday gains ahead of Donald Trump’s retaliating press conference on China’s national security law for Hong Kong.

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Cardano notes uptrend as IOTA, Decred remain stagnant

Unlike in most cases, Bitcoin's latest hike did not have a universally positive effect on the prices of the market's many altcoins. While Cardano was one of the alts to post crucial gains on its chartThe post Cardano notes uptrend as IOTA, Decred remain stagnant appeared first on AMBCrypto.

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Crucial Fundamental Data Shows Bitcoin Will Break Out of $10,500 Resistance

It’s been a tough past few days for Bitcoin. In spite of the recent rally off the $8,600 lows that has brought BTC to $9,300, the market remains depressed. BTC is trading just under 10% shy of the May highs of $10,100.

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3 Crucial Reasons Why Bitcoin Risks Crashing to Sub-$6,000 Levels

Bitcoin price plunged by nearly 10 percent after failing to sustain above $10,000. The cryptocurrency has covered part of its recent losses, now trading above $9,100. But a confluence of technical and fundamental catalysts are pointing to a deeper downside correction towards sub-$6K levels.

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Here's how the market reacts to huge Bitcoin transfers

A few days ago, the price of the world's largest cryptocurrency, Bitcoin, fell below the crucial $9,500-mark after a wallet, possibly Satoshi-owned and dormant since 2009, transferred 40 BTC to an unkThe post Here's how the market reacts to huge Bitcoin transfers appeared first on AMBCrypto.

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Bitwage Rolls Out Bitcoin 401(k) Plan With Help From Gemini

The crypto payroll provider claims its "world's first" bitcoin 401(k) plan can help U.S. companies cross the crucial 75% threshold with their small business loans.

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BTC Dreads Weekly Close, Satoshi Mystery, A Big Blunder: Hodler’s Digest, May 18–24

Bitcoin faces a crucial weekly close, the mystery of coins moved for the first time in 11 years, and Times Square billboards call for the release of Ross Ulbricht.

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Ethereum Breached Crucial Resistance, Setting the Stage for a 15-20% Rally: Analyst

It’s been a rocky past few days for Bitcoin, Ethereum, and other top cryptocurrencies. From the monthly highs against the dollar, most digital assets are down 10%. But when measuring the performance of some cryptocurrencies against Bitcoin, some investments are outperforming.

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Bitcoin Bulls Need To Hold This Crucial Level To Have Chances At Breaking $10,000

Bitcoin bulls have been fighting to break $10,000 for months now. Bitcoin has been rejected several times from this doomed level, however, the last time that happened, just 2 weeks ago, bears had a lot of continuation but the bulls managed to buy the dip and push Bitcoin back above $9,000 and tried to break […]

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Why Bitcoin Claiming This Crucial Level Will Set the Stage for a Move to $11,000

After plunging as low as $8,800 on Thursday, Bitcoin has mounted a slight recovery to $9,300, bouncing back from this week’s shell-shock rumor that Satoshi Nakamoto is liquidating his coins. While it’s too soon to tell whether or not BTC is in a full-blown bull market, a prominent trader says that Bitcoin capturing a specific...

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Bitcoin Breaking 100 SMA and $9,100 Could Spark Fresh Bull Run

Bitcoin is currently consolidating above the $8,500 and $8,250 support levels against the US Dollar. BTC price seems to be setting up for a strong bull run above $9,000 and $9,100. Bitcoin is trading in a crucial range above the $8,500 and $8,200 support levels.

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This Crucial Volume Analysis Hints At Extended Bitcoin Bear Market

With Bitcoin’s halving now behind us, the bull market is supposed to be ready to start. But the volume profile of the recent rally may have bearish implications that could hint at Bitcoin falling back into an extended bear market.

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Has Bitcoin Begun a Bullish Trend or Is It Still Correcting?

The Bitcoin price might have broken out above a long-term resistance line, initiating a new bullish trend. The price movement for the next 2-3 days will be crucial in determining if the breakout is legitimate.

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XRP Shatters Crucial Macro Support as Analysts Eye Serious Downside

XRP has continued to severely underperform Bitcoin, forcing it to also see some downside against its USD trading pair despite the bullish market conditions This weakness has caused the third-largest crypto to decline beneath a key last-ditch support level that was bolstering its price action Analysts are now noting that it could soon see a freefall that leads it significantly lower due to the weakness resulting from this dire technical breakdown Yesterday the aggregated crypto […]

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Will Bitcoin Begin Yet Another Upward Move?

The Bitcoin price is currently trading at the resistance line of either a symmetrical or descending triangle. The next few hours will be crucial in determining the correct pattern. The Bitcoin price is trading just below a major resistance area found at $9,150.

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Ethereum's advanced improvement proposals might put Bitcoin's dominance at risk

Improvement proposals are crucial to the health and evolution of cryptocurrencies, with the Bitcoin and Ethereum's ecosystems at the forefront of several improvement proposals since their inceptions.

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Cardano, other cryptos' integration into payment systems crucial for merchant adoption

The cryptocurrency landscape tends to be ever-evolving. While constant upgrades are not a crucial requirement for coins like Bitcoin that have already established its use cases, for many altcoins, theThe post Cardano, other cryptos' integration into payment systems crucial for merchant adoption appeared first on AMBCrypto.

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Crucial Bearish Factor That Haunted Bitcoin Since $5ks Was Just Invalidated

A reoccurring theme in many Bitcoin analyses over the past few weeks has been mentions of a “rising wedge. ” For those unaware, a rising wedge is a common chart pattern marked by a strong uptrend.

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Bitcoin Price Skyrockets to $8k, Is this the Beginning of the Halving Bull Run?

Bitcoin is currently trading at around $8,140 after a huge break above $7,792 and eventually $8,000 with a lot of continuation. The bulls have managed to break through a crucial resistance level and if they manage to close the day above $8,000, they will remain gratified.

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Bitcoin Pre-Halving Price Rally Continues to $8K With New Higher High

Bitcoin price is drawing closer to a crucial level near $8,000

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The Same Bitcoin Trigger that Sparked 239% Rally in April 2019 is Back

Bitcoin closed above a crucial resistance area Wednesday. The ceiling was instrumental in beginning a new bull run back in 2019, wherein the price surged by 239%. Traders’ optimism for bitcoin has peaked ahead of its mining reward halving in May 2020.

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Bitcoin Persists in Battle to Reclaim Crucial $8,000 Resistance Level

The Bitcoin price is trading inside both a long and short-term ascending channel. The price is approaching a confluence of resistance levels found near $8,000. A definitive breakout above this level could indicate that the price has begun a new upward trend.

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Crucial Moment for BTC, Bull Run Prediction, Halving Frenzy: Hodler’s Digest, Apr. 20–26

In this week’s Hodler’s Digest, Bitcoin faces a key weekly close, Bloomberg releases exceedingly flattering report about BTC, and hodling activity goes through the roof

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Crypto Price Analysis April 23: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK

On April 22, the Bitcoin price increased considerably, creating a bullish engulfing candlestick in the process. However, it has yet to break out above a crucial resistance level. Until it does so, yesterday’s high is still considered a lower high.

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Ethereum active addresses rocket as crucial moment fast approaches

Ethereum has seen a notable price spike today that has come in tandem with a recovery seen across the aggregated cryptocurrency market. This movement has allowed ETH to recapture its position above $180 as Bitcoin navigates into the $7,000 region.

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Will Bitcoin Break Through Its Crucial Resistance Level?

The Bitcoin price is approaching a crucial resistance level that is likely to determine its future trend. While a breakout above it could take the price towards $8,000, a breakdown would likely cause a sharp drop towards $6,300.

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For All Those Challenging BTC’s Use As A Store Of Value During The Crisis, I Beg To Differ: Analyst

Bitcoin has been keeping above $7,000 for some time now but time and again it falls below the crucial support line. After a brief stint yesterday, today, we are back under $7k, going as low as $6,775.

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Bitcoin Could Hit $9k in Q2 as Price Jumps Short-Term Moving Average

Key Bitcoin takeaways: Bitcoin opened this week in positive territory, unfazed by the growing Coronavirus pandemic that crashed its prices by over 50 percent in March. The cryptocurrency remains trapped under the $7,500-resistance but is holding above a crucial medium-term technical support.

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Bitcoin's market cap target of $2T crucial to central banks buying it

No matter how many altcoins enter the market, Bitcoin is likely to maintain its title of 'king coin.' In fact, even after the crypto-market crash in March, many defended Bitcoin's position as a top crThe post Bitcoin's market cap target of $2T crucial to central banks buying it appeared first on AMBCrypto.

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How the 200 Daily MA Could Provide Crucial Support for Tezos (XTZ)

Quick take: The correlation between Tezos (XTZ) and Bitcoin (BTC) is high in the crypto markets. As Bitcoin looks set to revisit previous support zones below $6,900, XTZ has the 200 Daily MA acting as much needed support.

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Ethereum Breaking This Crucial Support Could Spark a Sharp Decline

Ethereum is struggling to gain bullish momentum above the $145 resistance against the US Dollar, similar to bitcoin. ETH price must stay above the $140 support area to remain in an uptrend. ETH price is currently facing a strong resistance near $145 and $150 against the US Dollar. There is a crucial support forming near...

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Bitcoin’s (BTC) Support at $6,000 Threatened by a Death Cross on the Daily Chart

In brief: Bitcoin (BTC) has had an eventful weekend as it dropped from $6,700 to $6,000. The King of Crypto has tested the $6,000 support zone a few times.   This area of support is crucial as a death cross is forming on the daily chart.

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Do or Die For Bitcoin Bulls: Here’s What Could Trigger A Strong Rally

Bitcoin is slowly rising and trading above the $6,750 level against the US Dollar. BTC price must claim the $7,000 resistance to start a strong rally in the near term. Bitcoin is trading in a crucial range below the $7,000 resistance area against the US Dollar.

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All Eyes On $8,000: Why Bitcoin Needs to Clear This Crucial Level

Over the past few weeks, Bitcoin has performed surprisingly well, rallying as high as $7,100 (on Bitstamp) just days ago, surging higher from the $3,800 bottom seen during the March 12th to 13th capitulation.

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Bitcoin (BTC) Price 'Peak Fear' May Be In: Analysts

'Decoupling', i.e. losing the correlation with the plummeting stock market, has replaced 'halving' as the most crucial point of the Bitcoin (BTC) bull narrative

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Bitcoin (BTC) Price to Retest $4,200 Next Week, Sad Reason Explained by Trader

With Bitcoin (BTC) failing to hold its crucial $6,400 support level, its positions look more and more weakly for bulls. One trader explains what may send it below $5,000.

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Litecoin's rally above $43 crucial but Bitcoin may call the shots

It is impossible to feel the excitement of a price recovery without the anxiety of a sell-off. Litecoin community could be nursing a similar sentiment at the moment as the price pump over the past 24-The post Litecoin's rally above $43 crucial but Bitcoin may call the shots appeared first on AMBCrypto.

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Bitcoin Price Has 8 Hours to Close Above Crucial $5,500 Level: Why It’s Important

Bitcoin has had a tough week, to say the least; after peaking at $9,200 on Saturday, the cryptocurrency started a precipitous decline, falling through support level after support level as if they were irrelevant.

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Bitcoin Trading Near Make-or-Break Levels: Can Bulls Make It?

Bitcoin is currently correcting higher from the $3,906 swing low against the US Dollar. BTC is now forming a crucial breakout pattern, which is likely to decide the next move. Bitcoin price seems to be facing a lot of hurdles on the upside near $5,500 and $5,950.

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Ethereum's consolidation between $120-$140 crucial to its short-term future

Ethereum has been one of the worst affected coins following Bitcoin's massive crash over 12-13th March. In fact, the altcoin briefly touched its December 2018 lows after trading at a 2020-high of $280The post Ethereum's consolidation between $120-$140 crucial to its short-term future appeared first on AMBCrypto.

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Bitcoin (BTC) Mining Difficulty Hits New All-Time High

With the most recent adjustment of the Bitcoin (BTC) mining difficulty rate, this crucial characteristic has set a record. Is this sign bullish or bearish?

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