2021-7-2 17:53 |
The Bitcoin dominance rate (BTCD) has been moving upwards since May 19, when it bounced at the long-term 39.50% support area. The post BTCD Gets Rejected at 48% – Will Alts Rally? appeared first on BeInCrypto. origin »
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The Bitcoin Dominance is expected to decrease toward the 66% support area at least in the short term. Bitcoin Dominance Long-Term Rejection During the week of Dec. 27 – Jan. 4, the BTCD seemingly increased above the 71.
2021-1-4 13:04 | |
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A short-term BTCD decline towards the support levels at 61 – 64% is likely, paving the way for an alt relief rally. BTCD Reaches Resistance The weekly chart shows that BTCD has broken out from a descending resistance line that had previously been in place since Aug.
2020-12-28 16:53 | |
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The Bitcoin Dominance Rate (BTCD) has reached an important resistance level that will likely cause a rejection. Despite the rally that is ongoing since September, it’s not yet clear if the long-term trend is bullish.
2020-11-7 18:45 | |
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The Bitcoin Dominance Rate (BTCD) has been decreasing at an accelerated rate since the beginning of July. The decrease should continue until the rate reaches the closest support area at 62.5%. Current Support At the beginning of July, the BTCD broke down from a rising support line that had previously been in place since February […] The post The Bitcoin Dominance Rate Could Rally Before Dropping appeared first on BeInCrypto.
2020-7-14 21:30 | |
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The Bitcoin Dominance Rate (BTCD) has reached an important support area, which is likely to initiate a bounce. However, the trend is still bearish, and the downward move should resume after the bounce.
2020-7-11 17:00 | |
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The Bitcoin dominance rate (BTCD) has broken down from a long-term ascending support line and faces considerable overhead resistance. While a short-term relief rally could occur, BTCD is expected to eventually continue its longer-term descent.
2020-6-26 14:20 | |
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2025 has not started on a strong note for Ethereum (ETH), as the second-largest digital asset by market cap continues to trade below its yearly open. Recent on-chain movements also suggest that crypto whales might be losing confidence in ETH’s potential to deliver outsized returns.
The crypto market trended lower last week, driven largely by risk-off sentiments on newly released Fed meeting notes and economic data The Fed expressed caution around inflation, especially as President-elect Donald Trump’s policies will kick in after his inauguration on January 20 Meanwhile, spot crypto exchange-traded funds (ETFs) logged outflows from Wednesday, January 8 Bitcoin […] The post Weekly price analysis: prices decline on risk-off sentiments appeared first on CoinJournal.
Cryptos trended lower last week, driven largely by risk-off sentiments on newly released Fed meeting notes and economic data. The Fed expressed caution around inflation, especially as Trump’s policies will kick in after his inauguration on Jan.
In the past week, Ethereum (ETH) has dropped 9. 3%, falling from $3,630 on January 3 to $3,235 at the time of writing. While ETH is striving to defend the psychologically significant support level at $3,000, some crypto analysts remain confident that the digital asset’s long-term price trajectory is bullish.
Bitcoin tested the $92,000 level yesterday after falling from a weekly high of $102,000 as sell pressures mounted. Macroeconomic factors cause doubts about the market strength as sticky inflation becomes a concern.
Bitcoin tested the $92,000 level yesterday after falling from a weekly high of $102,000 as sell pressures mounted Macroeconomic factors cause doubts about the market strength as sticky inflation becomes a concern Spot crypto ETFs logged large outflows on Wednesday following the release of the Fed meeting notes Bitcoin’s price has fallen from a high […] The post Bitcoin price analysis: economic headwinds push price lower appeared first on CoinJournal.
Prices rose over the first week of the year as open interest in the CME improved. Altcoins outperformed Bitcoin as the largest crypto remained rangebound. Meanwhile, ETF flows remained net negative.