Crypto Market Forecast: Week of October 10th 2022

2022-10-10 14:01

A curated weekly summary of forward-focused crypto news that matters. This week, the Binance chain suffers a major hack and is forced to close, The market predicts another large interest rate hike in the United States, and Bitcoin lightning network firm Strike announces a major capital raise despite bearish market conditions.

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market major crypto week united another hike

Источник: bravenewcoin.com

market major → Результатов: 126


Фото:

Crypto Market Faces Massive Resistance as Traders Expect Altcoins to Dive

The crypto market is flashing some overt signs of weakness as Bitcoin leads most major altcoins lower Although some smaller tokens have been able to escape these losses, the aggregated market recently tapped a major resistance level, opening the gates for major downside This has led traders to widely note that Bitcoin and other major alts like Ethereum could be positioned to see immense losses in the near-term Bitcoin and the aggregated crypto market have […]

2020-5-27 23:00


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This Binance Orderbook Occurrence Heavy Favors Bitcoin Longs; Here’s Why

The recent volatility seen within the crypto market has led to widespread liquidations amongst Bitcoin traders This has caused the open interest seen across most major exchanges to plummet, with the slow recovery being a sign that many of these traders are now moving to the sidelines One interesting occurrence seen while looking towards the Binance spot orderbook points to aggressive buying amongst active investors.

2020-5-12 02:00


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Here’s How Bitcoin Could Force Altcoins to Set “Major Lows”

Bitcoin has posted a notable upswing today that has allowed it to approach its next key resistance level at $9,500 The cryptocurrency’s intense uptrend is showing no signs of slowing down as it continues gaining dominance over the entire market Some analysts are now noting that altcoins could be positioned to see some serious losses in the weeks ahead as they all decline against their BTC trading pairs The aggregated cryptocurrency market has continued declining […]

2020-5-8 02:00


Ethereum Could Narrowly Avoid a Major Downtrend if it Closes Above One Key Level

Ethereum has been able to capture some notable upwards momentum today, surging towards its key near-term resistance at $210 as the aggregated crypto market pushes higher. This has allowed the crypto to narrowly avoid seeing massive losses stemming from a previously bearish market structure that it had formed. ETH isn’t completely out of the woods...

2020-5-7 02:00


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Here’s the Simple Reason Bitcoin May Not Set Six-Figure Highs Anytime Soon

There have been a plethora of lofty predictions circulating throughout the crypto industry regarding just how high Bitcoin could rally in the years ahead Although many investors are calling for a six-figure BTC in the near-term, one analyst is noting that the daily volume required to push the crypto into this region would be too significant The lack of organic money flowing into the market is another major factor that could stop these predictions from […]

2020-5-5 02:00


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Ethereum Taps a “Structure Defining” Level as Traders Foresee Major Downside

Ethereum’s recent decline has led it down to $200 as it continues underperforming both Bitcoin and many of its other peers Analysts are now noting that the crypto is trading at a “structure defining” level Its technical weakness may be enough to define its market structure as being bearish, thus catalyzing further near-term losses Ethereum has continued underperforming the aggregated cryptocurrency market as it drifts down to its key support at $200, leading analysts and […]

2020-5-5 23:00


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Bitcoin Has Been Fundamentally Altered by Its Recent Rally; Here’s What This Means

Bitcoin’s intense rally seen throughout the past six weeks has allowed it to erase nearly all the losses that were brought about when it first started declining from highs of $10,500 in late-February This firm uptrend has also allowed it to gain fundamental strength as its market dynamics see a major shift Options data for the crypto is now signaling that traders are positioning themselves to benefit from BTC seeing further upside It has been […]

2020-5-2 02:00


Here’s Why Amazon’s 7% Plunge Today Could be a Warning Sign for Bitcoin

The stock market’s striking correlation to Bitcoin throughout the past few months still appears to be holding strong, even despite Bitcoin’s intense rally seen over the past couple of days. It now appears that this correlation could once again prove to be highly negative for the benchmark cryptocurrency, as some major components of the market...

2020-5-2 02:00


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XRP Just Faced a Harsh Rejection at a Key Trendline; Trouble Ahead?

The aggregated crypto market has incurred some intense upwards momentum today, allowing major altcoins like XRP to post notable gains This latest upswing comes shortly after the cryptocurrency incurred a rally independent of the market yesterday It is important to note that XRP has faced a notable rejection against its Bitcoin trading pair, forcing it to remain beneath a key trendline Although XRP has been fully exposed to the downside seen by the aggregated crypto […]

2020-4-30 23:00


Bitfinex Launches A Social Network, Giving Traders a ‘Pulse’ on the Latest Market Insights

Major crypto exchange firm, Bitfinex has launched a new social network for its users. According to Cointelegraph, the exchange platform is seeking to take advantage of the social network craze. The new social network is dubbed Bitfinex Pulse and users will now have a chance to trade, collaborate on different concepts as well as various market […]

2020-4-28 23:40


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Cryptocurrency News Roundup for April 6, 2020

Bitcoin managed to venture beyond the resistance of $7,200 in the late hours on Monday and is trading for just under $7,300 at the time of publishing. This is making the optimists in the community conclude that bulls are totally in control of the market now and the coast is clear until the next major […] The post Cryptocurrency News Roundup for April 6, 2020 appeared first on BeInCrypto.

2020-4-7 10:10


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