Bitcoin Price Falls – Why Options Traders Are Expecting Further Decline

The top cryptocurrency by market capitalization reached a year high of about $12,500 on the 17th of August but has seen some significant decline in price recently. Its price fell to as low as $9,981 today, breaking below the $10K level.

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Why An Analyst Thinks Bitcoin Is “OK” as Long as This Level Holds

Bitcoin has undergone a strong correction over the past few days. The cryptocurrency, after peaking near $12,100 last week, reached a low of $9,800 over the past few days. Bitcoin has since undergone a bounce, with the coin now trading at $10,400 as of this article’s writing.

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Bitcoin is Conducting a “Bullish Retest” as It Hits Critical Support Level

Bitcoin is ardently attempting to hold above $10,000, as this crucial psychological support level has been broken and reclaimed on multiple occasions throughout the past several hours. Earlier today, the cryptocurrency showed some significant signs of weakness as it pushed below this level, with bears sending it as low as $9,900 before it saw a […]

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Chainlink (LINK) Rallies 20%, But Price Runs Into Crucial Resistance

Chainlink (LINK) is up around 20% from the $9. 20 swing low against the US Dollar. It broke the $12. 00 resistance, but now facing a major resistance near the $13. 50 level. Chainlink token price started a strong recovery wave from the $9.

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Ethereum Balance on Exchanges Hits 6-Month Low as ETH Trades Below $390

Glassnode analytics supplier has reported that ETH balance on crypto exchanges has reach a half-year low as ETH has been trading under the $390 level

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Ethereum Struggles to Reclaim $400, But Bulls May Be Building Up Strength

Ethereum has seen some mixed price action throughout the past 24-hours Despite diving as low as $375 at one point yesterday, the cryptocurrency was able to post a massive rebound that allowed it to climb back up towards $400 It has been consolidating ever since, being unable to firmly surmount this level – signaling that there is some resistance here One trader is noting that although it has shown some signs of weakness, it still […]

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Bitcoin Price Experiences Another Disastrous Fall, Risks Plunging Below $10k If This Happens

Bitcoin crashed with more than $1000 hitting a low point of $10,282 before rebounding above $10,436 to record the lowest price level seen in weeks. The crash comes after BTC’s breach of the $11500 resistance to rising above $11982, but $12k remains unachieved, even with many analysts forecasting that Bitcoin price would go as high […]

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Researchers are calling this new malware a triple threat for crypto users

The surrounding threat level is low, but there are fears it could increase.

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0x (ZRX) Aims to Maintain Bullish Momentum

The 0x (ZRX) price has broken out from a long-term resistance area and validated it as support. As long as it can manage to maintain prices above this level, the trend is considered bullish. ZRX Long-Term Breakout The ZRX price had been gradually increasing since matching its all-time low near 1,450 satoshis.

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Chainlink Rejected at Crucial Resistance; Here’s the Level Bulls Must Defend

Chainlink has been seeing some turbulent price action in recent weeks, with the cryptocurrency rallying as high as $20 before incurring a massive influx of selling pressure that eventually sent it reeling as low as $12.

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Bitcoin Could See a “Glorious” Bounce Once it Taps This Crucial Level

Bitcoin saw some immense turbulence overnight that caused its price to slide as low as $11,500 This dip was quickly absorbed by buyers, who have since allowed it to reclaim its support at $11,600 The cryptocurrency is now once again consolidating as it hovers within its previous trading range between $11,600 and $12,000 This stability has allowed altcoins to recoup some of their recent losses Analysts are now noting that BTC could be well-positioned to […]

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Bitcoin Exhausted with ‘Major Market Driving’ Event Next Week

In yet another drop this week, Bitcoin fell even lower to as low as $11,390. Since falling to that level, we have recovered a bit to move back above $11,500. These losses came despite the open positions in bitcoin derivatives hitting new all-time highs this week, both bitcoin futures and options markets now have a […]

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This Bearish Divergence Suggests Bitcoin Will Soon See a $1,300+ Pullback

Bitcoin and the aggregated crypto market are currently caught within the throes of a volatile trading session, with BTC plunging below its key $12,000 support level. The break below this crucial support caused it to plunge as low as $11,600, with bulls stepping up and guarding against a decline beneath this level. Analysts are now […]

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Ethereum is at Risk of Losing a Crucial Level Following Yesterday’s Selloff

Ethereum has been closely tracking Bitcoin’s price action in recent weeks, which caused it to see some intense bearishness yesterday The cryptocurrency’s price dove as low as $367 once the selling pressure began peaking From this point, it saw a strong rebound that allowed it to recapture that vast majority of these losses It now appears to be well-positioned to see slightly further near-term upside One analyst believes that this latest dip did put ETH […]

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VeChain (VET) Treads Water Awaiting Next Big Move

VeChain (VET) has been one of the best performing cryptocurrencies since hitting an all-time low in March. The VET/USD pair increased by 1,500% in the three months that followed. However, failure to reach a close above an important long-term resistance level has lead to the possibility that the upward move has ended and the price […] The post VeChain (VET) Treads Water Awaiting Next Big Move appeared first on BeInCrypto.

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Crypto Market is ‘Extremely Greedy’ for the First Time in 2020

Before bitcoin started up-trending last week, its volatility fell below 25%, a level rarely seen in BTC’s history, which had the market expecting a big move. Coin Metrics notes, “Prolonged periods of low levels of volatility encourage market participants to take on greater position sizes, engage in increased leverage, set tighter stops, and reduce the […]

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Here’s How Low Bitcoin May Drop Before It Can Rally Even Higher

To the surprise of some investors, Bitcoin has been able to find some relative stability above $9,500 The cryptocurrency has now been trading above this level for over a day, and bears have not been able to catalyze any type of sharp selloff It now appears that BTC may need to see a pullback before it can push any higher, as buyers seem to be losing their momentum One analyst is closely watching one crucial […]

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Don’t Expect Banks to Jump on the OCC Crypto Custody News

The OCC's ruling means nationally chartered banks can now custody crypto. But, given relatively low level of institutional interest, don't count on services appearing soon.

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If Not Now, Then When? Bitcoin Stuck While Gold, Silver, & Stocks Poised to Make New All-Time Highs

Bitcoin snapped a month of low volatility after spiking 3% yesterday. Although a small move, it was in the upward direction and after many weeks of no movement that had the market in elation. Also, it broke a level of temporary resistance.

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Bitcoin dominance index cut to 5-month low

Bitcoin’s dominance index has dropped to 61.9%, the lowest level since February even as...

The post Bitcoin dominance index cut to 5-month low appeared first on Coin Journal.

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Bitcoin?s Volatility About to Plunge Below Key Level, Which Means That Major Move Might Be Around the Corner

Bitcoin traders are unlikely to complain about low volatility for much longer

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Ethereum Could Set a “Lower Low” if It Breaks Beneath This Crucial Level

Ethereum is now showing some signs of underlying weakness despite seeing some strong price action over the past few days After hovering within the upper region of its long-established trading range, the slight downwards movement seen by Bitcoin and the aggregated market has forced it lower It hasn’t declined beneath any crucial support levels yet, but several sit just below where it is currently trading at One analyst is noting that its closest support is […]

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Bitcoin Volatility Reaches Low Set Ahead Of April 2019 Rally, Will History Repeat?

Bitcoin has been uncharacteristically stagnant for over two full months now. The trading range has been tightening, which has led to record low levels of volatility in the otherwise volatile asset. But the low volatility taking place currently has reached a level that kicked off an explosive uptrend in April 2019. Will the leading cryptocurrency […]

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Peter Schiff Expects Bitcoin’s Pivotal $9,000 Support to “Give Way”

Bitcoin is once again flirting with the ever-important support level of $9,000. Earlier on Sunday, the cryptocurrency briefly fell under $9,000 in a $100 move that unfolded over 30 minutes. Over that time, BTC fell as low as $8,910 on most major spot and derivatives exchanges, liquidating millions in the process.

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Bitcoin Attempts to Move Above Crucial $9,300 Level

Bitcoin (BTC) is possibly trading inside an ascending channel and is expected to continue increasing until it reaches the closest resistance area at $9,320. The Bitcoin price has been increasing since June 27 when it reached a low of $8,833.

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Bitcoin Is Waiting For A Trigger To Bring Back Volatility; Is This It?

Bitcoin has set an unprecedentedly low level of volatility. For weeks, Bitcoin continues to trade within a tight range. Though crucial support has held, bulls have failed to break above local resistance.

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Cryptocurrency News Roundup for June 29, 2020

Bitcoin ended the week of June 22-29 on a bearish note as the price hovered mostly in the low $9,000s, even struggling to hold that level. Markets haven’t undergone any noticeable change on Monday as the alpha-crypto continues to change hands within the $9,050 to $9,150 range.

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This Trend Measuring Tool Says Bitcoin Drop Is Only Just Getting Started

After a series of higher lows above the current support level, Bitcoin looked primed for a move higher. However, a recent drop setting a lower low on daily timeframes has potentially started a short-term downtrend.

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Why This Analyst Sees Even More Downside For Bitcoin Price Before Any Real Recovery

We know Bitcoin is flat and trading sideways. Today, BTC had another leg down and rejection dropping to $9,200 on most exchanges, and basically giving away all the gains from June 22. The daily uptrend is still in play until the $9,170 level is lost, the last higher low. Buyers can still turn it around […]

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Colombia: Can Low Debt and Rates Spur Growth?

Colombia has been hit hard by the domestic and global coronavirus shutdown, but its relatively low level of debt and interest rates could help its recovery.

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A Big Bitcoin Price Action Highly Imminent as Volatility Hits 8-Month Low

Bitcoin price has become the calmest in eight months on Monday. The cryptocurrency’s volatility index has hit 0. 08, a level the indicator last flashed in October 2019. A prolonged period of low volatility and sideways consolidation typically results in violent breakouts.

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Bitcoin short-term price analysis: June 21

For an asset notorious for its volatility, bitcoin has had a quiet a low volatile period. The 30-day estimate showed volatility of 2.41%, a level seen before the Black Thursday drop. Bitcoin: 1 HourThe post Bitcoin short-term price analysis: June 21 appeared first on AMBCrypto.

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A Bitcoin Breakout could Carry BTC to a Crucial Resistance Level

The Bitcoin price has been gradually increasing since it reached a low of $8,910 on June 15. It is currently trading inside a symmetrical triangle, out of which a breakout is expected. After creating a bullish hammer with significant volume on June 15, the Bitcoin price has created another bullish candlestick, albeit much smaller and […] The post A Bitcoin Breakout could Carry BTC to a Crucial Resistance Level appeared first on BeInCrypto.

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Bitcoin Formed a Recent Top? A New Bearish Trend is Coming!

After taking another failed run at $10,000 level, Bitcoin price has shed around 5% on Monday – declining from $9,500 to as low as $8,900, which is the first time that BTC prices below $9,000 since late May.

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Investors Remain Optimistic After Bitcoin Closes At Key Level To Edge Panic Selling

Yesterday marked one of the most volatile days for Bitcoin. In a matter of hours, Bitcoin gained more than $200 to get close to $10K but only to wipe out nearly $1,000 to get back to the $9,300 low.

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Bitcoin Takes a Big Hit: Main Reasons Why Recovery Could Face Sellers

Bitcoin is down more than 5% and it broke the key $9,300 support zone against the US Dollar. BTC traded as low as $9,089 and it is currently correcting higher towards hurdles. Bitcoin declined sharply after it was rejected one more time near the $10,000 level.

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Millions Liquidated on BitMEX as Bitcoin Dives $500 From $10,000 Resistance

After attempting to break past $10,000, Bitcoin has been on a gradual decline. The cryptocurrency recently fell as low as $9,475 on leading exchanges, crushed as buyers distribute coins at the crucial $10,000 resistance level.

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Ethereum May Dive 35% as Price Sees Rejection at Crucial Resistance Level: Analyst

After attempting a breakout on June 1st, Ethereum saw a brutal rejection on June 2nd that saw it fail to decisively pass the $250 price resistance. Like Bitcoin, the second-largest cryptocurrency plunged 10%, falling as low as $225 on most spot exchanges.

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Bitcoin Price Currently Overvalued, According to This Crucial Trend

Bitcoin traded sideways for the majority of May and has been unable to break the crucial $10,000 level a few times. However, overall, since the crash on March 12, the digital asset has been trading in a significant bull run going from a low of $3,700 to a peak of $10,050. Even after all the […]

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Bitcoin’s Break Below a Key Level has Opened the Gates for a Move to $5,900

Following an extended bout of sideways trading within the $9,000 region, Bitcoin has now firmly broke below this range as it trades around $8,800 Although the crypto has ardently defended its near-term support, its technical outlook does appear to be rapidly degrading Some analysts are even noting that its latest breakdown has opened the gates for it to see a movement that leads it as low as $5,900 in the weeks and months ahead Bitcoin […]

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Bitcoin Gets Rejected at Resistance, Signaling End of Retracement

The Bitcoin price has been retracing since reaching a low of $8,815 on May 21. However, the price has failed to break out above the 0. 5 Fib level of the previous decrease and has been decreasing since the morning of May 24.

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US Real Estate Crisis: Home Sales Plunge to 9-Year Low, Mortgage Delinquencies to Soar Past Great Recession Level

The US real estate market is facing a crisis as unemployment soars amid the coronavirus pandemic. Home sales have plunged to a nine-year low and a record-high number of homeowners are defaulting on their mortgage payments.

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Bitcoin at Risk of Seeing Major Downside as Buying Pressure Evaporates

Bitcoin has seen some intense selling pressure today following a bearish resolution to its long-held bout of sideways trading The cryptocurrency is now at risk of seeing further selling pressure as it struggles to defend a key support level Analysts are noting that it may decline as low as $8,500 in the hours and days ahead as it struggles to maintain its multi-week uptrend Bitcoin is now trading right above its key support level at […]

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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 Crossing $9,500 Could Lead to a “Major Spike”: Analyst Explains Why

Since falling as low as $8,180 on Monday, the day of the halving, Bitcoin has mounted a strong comeback that culminated in a move to $8,900 on Wednesday morning. Although this near 10% bounce from the lows has been impressive, traders believe that BTC could undergo a “major spike” should the ever-important $9,500 level be taken as support by bulls.

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Glassnode Co-Founder Explains 9 Reasons Why You Should Be Long-Term Bullish On Bitcoin

The past few days have been very volatile for the bitcoin price. On Saturday and early Sunday morning hours, bitcoin erased 15% of its value to sink to the low 8K level. The BTC price pullback caught a majority of the traders with their pants down as over $275 million worth of long positions were […]

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XRP Prints a New Low After Over 8 Months of Consolidation, Could Drop Another 35%

The fourth-largest cryptocurrency by market cap has taken a beating while bitcoin holds its position above the $9,000 level. Down 2. 92%, XRP is currently trading at $0. 214, still recording gains of almost 11% YTD.

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Bitcoin Node Count Falls to 3-Year Low Despite Price Surge

The number of Bitcoin nodes fell to its lowest level in almost three years, according to data calculated by one prominent Bitcoin developer.

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Is Bitcoin Trading Inside a Bullish Or Bearish Triangle?

The Bitcoin price is currently trading at the resistance line of either a descending or symmetrical triangle. The next low will help determine the correct pattern. This resistance, found at $9,150, is both a previous support level turned to resistance and an important Fibonacci level.

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