Here Are the Macro Factors Driving Bitcoin’s Explosive Uptrend

2020-5-8 04:00

Bitcoin has been caught within the throes of an explosive uptrend throughout the past several days and weeks. Buyers have allowed the cryptocurrency to put some serious distance between its recent lows of $3,800, now attempting to propel it firmly into the five-figure price region.

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uptrend bitcoin explosive recent lows between distance

Источник: newsbtc.com

uptrend bitcoin → Результатов: 126


Bitcoin Just Formed a Golden Cross, Restoring Faith in A Crypto Bull Run

The bullish Bitcoin rally of 2020 has helped push the leading crypto asset out of a six-month downtrend and two-year-long bear market. The buying pressure from FOMOing crypto investors just caused a golden cross to occur on price charts, which could very well signal the start of a new uptrend that could take Bitcoin to... The post appeared first on NewsBTC.

2020-2-6 19:00


These key factors could propel XRP further after its “highly bullish” 11% rally

It appears that XRP’s strong price action over the past several days was bull’s attempt to lay the groundwork for a massive upside movement. XRP is now caught within what appears to be a firm uptrend that has allowed the cryptocurrency to significantly outperform both Bitcoin and most major altcoins, which has also led it […] The post These key factors could propel XRP further after its “highly bullish” 11% rally appeared first on CryptoSlate.

2020-2-5 10:00


Bitcoin Halving to Have “Tiny” Supply Shock; More Important Events in 2020

Bitcoin’s mining rewards halving event has long been looked towards as a bullish fundamental event that would catalyze a massive BTC uptrend due to the resulting inflation reduction. In spite of this, one prominent angel investor is now noting that the supply reduction resulting from this event will be “tiny,” and that it is highly... The post appeared first on NewsBTC.

2020-2-5 00:00


A Visit to This Level Could Send Ethereum on a Face Ripping Rally

Ethereum (ETH) has found itself caught within a firm upwards trend over the past month, which has come about in tandem with the uptrend seen by the aggregated crypto markets throughout 2020. This momentum reached a boiling point yesterday evening when Bitcoin rallied to fresh 2020 highs of $9,500 before finding some resistance, which in... The post appeared first on NewsBTC.

2020-1-30 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


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Crypto market incurs technical strength as altcoins begin turning parabolic

The crypto market’s firm uptrend has allowed multiple major altcoins to begin going parabolic, which to many investors is emblematic of the early stages of the massive bull run seen in late 2017. The recent series of rallies seen by both Bitcoin and other major altcoins has allowed the market to break out of a […] The post Crypto market incurs technical strength as altcoins begin turning parabolic appeared first on CryptoSlate.

2020-1-16 10:58


The Aftermath of Bitcoin’s Massive Rally May Not Be as Bullish as It Seems

Bitcoin (BTC) has been firmly controlled by bulls over the past two weeks, with the cryptocurrency garnering massive momentum after it dipped to lows of $6,800 earlier this month. Ever since it bounced from these lows, Bitcoin has been caught in a firm uptrend that has allowed it to surge towards the $9,000 region, which... The post appeared first on NewsBTC.

2020-1-15 00:00


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These Are The Biggest Bitcoin Support & Resistance Zones, Analyst Reveals

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