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Why One Analyst Claims This Latest Ethereum Selloff is an Ideal Buying Opportunity
Ethereum and the entire crypto market saw a sharp downturn, with Bitcoin plunging by over 10% while ETH declined towards $500 This selling pressure has been quite intense and may continue hampering the cryptocurrency in the near-term Where it trends in the near-term will depend largely on whether or not bulls can stop it from breaking below $500 A decline beneath this level would strike a serious blow to the cryptocurrency’s technical outlook The coming […] дальше »
2020-11-26 23:00 | |
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Bitcoin Price Sheds Over $3,000 In Biggest Sell-Off Since March — Here Are 3 Simple Reasons Why
The price of the number one cryptocurrency today plunged over $3,000 within hours. After nearly hitting $19,500, bitcoin saw a sharp sell-off to $16,315. This is the worst single-day decline since “Black Thursday” and represents a fall of 11. дальше »
2020-11-26 13:45 | |
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Ethereum Funding Rates Flip Neutral as Rally Kicks Off; Next Stop $710?
Ethereum has been flashing some immense signs of strength throughout the past few days, with it starting to gain ground against Bitcoin Much of this strength came about following the cryptocurrency’s push past $500 earlier this week In the time since, it has been growing strong and is now positioned to make a move higher One analyst is noting that it is currently nearing the last key resistance level before it reaches significantly higher price […] дальше »
2020-11-22 01:00 | |
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Analysts Still Expect Ethereum Rally to $500 Despite $40 Flash Drop
Analysts think that Ethereum is primed to press higher despite last night’s $40 drop. One analyst noted that Ethereum remains in an extremely advantageous position on a macro time frame. He shared a chart showing that ETH is currently sitting above macro supports, meaning it has room to stretch toward $800 and beyond as it continues to hold those technical levels. дальше »
2020-11-19 15:00 | |
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Analysts Expect Move to $20,000 High as Bitcoin Holds Key Supports
Bitcoin underwent a rapid correction last evening after the coin pressed as high as $18,500 on leading exchanges. Even still, analysts remain optimistic on the leading cryptocurrency. One trader said that since Bitcoin managed to hold key support levels despite entering the low-$17,000s twice in the span of a few hours, it could move to new highs. дальше »
2020-11-19 04:00 | |
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Bitcoin Hovers at High Time Frame Resistance, But Bulls Stay in Control
Bitcoin saw a strong push higher today despite some weakness yesterday Where the benchmark cryptocurrency trends in the near-term will depend largely on whether or not bulls can flip the resistance at $16,500 A break above this level would open the gates for a move into the $17,000 region The coming few days and weeks should provide some serious insights into where the markets will trend in the days and weeks ahead One trader is […] дальше »
2020-11-16 21:00 | |
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Crypto Market Forecast: W/C 16th November 2020
A curated weekly summary of forward-focused crypto news that matters. This week, Paypal doubles down on support for crypto - nudging Bitcoin up to $16,500, only one survivor emerges from the Bitcoin Cash hard fork, and an incoming Republican senator who's pro-Bitcoin. дальше »
2020-11-16 01:00 | |
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Wall Street veteran Michael Novogratz held over 30,000 Bitcoin and 500,000 Ethereum at one point
Ever wondered how much cryptocurrency Wall Street veteran Mike Novogratz owns (or at least owned)? In a recent podcast, he recently answered this question and also revealed his thoughts about the Bitcoin and broader crypto market. дальше »
2020-11-16 16:02 | |
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Analysts Watch Crucial Bitcoin Support as Altcoins Gain Momentum
Bitcoin has been inching lower throughout the past few days and weeks, with buyers and sellers both being unable to take control of its near-term trend This slight decline has come about following a period of immense strength and stability as it consolidated above $16,000 If it continues trading below this level, its recent $16,500 highs could mark a long-term top Where it trends next may depend on one key support level that an analyst […] дальше »
2020-11-15 01:00 | |
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Key Bitcoin Price Fractal Predicts a $3,000 Correction Is Due
Bitcoin has undergone a strong rally over the past few weeks, pushing as high as $16,500. Analysts are starting to fear that a correction is due, though. One crypto-asset analyst recently shared a fractal showing that the cryptocurrency is trading in a remarkably similar way to how it did during the 2017 highs at $20,000. […] дальше »
2020-11-14 10:00 | |
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3 Factors That Suggest Yearn.finance’s YFI is About to Explode Higher
Yearn. finance’s YFI token has been subjected to immense volatility throughout the past few days, with its price plunging to lows of $7,500 before seeing one of the most intense short squeezes ever. дальше »
2020-11-9 01:00 | |
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Ethereum Struggles to Hold $450, But Analysts Still Expect $500+
It has been a turbulent morning for the crypto market, with Bitcoin trending down towards $15,000 while creating headwinds for altcoins That being said, Ethereum has largely been able to dodge these headwinds, posting a strong recovery from its brief early-morning dip towards lows of $440 It is once again moving to reclaim its $450 resistance, and flipping this level into support is vital for the cryptocurrency to see any significant upwards momentum One trader […] дальше »
2020-11-8 22:00 | |
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This Indicator Shows Bitcoin Could Reel to $12,500 Before Rallying Higher
Bitcoin has simply been ranging throughout the past few days, with bulls building a strong base of support within the lower-$13,000 region as bears struggle to gain any momentum This support could help catapult it higher in the near-term, but the slight rejection seen at $13,600 yesterday does indicate that downside could be imminent There is one technical indicator that suggests some downside could be right around the corner One analyst spoke about this in […] дальше »
2020-10-31 02:00 | |
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Celsius lowers crypto loan minimums to $500, pre-approves its 200,000 customers
Celsius, the industry-leading yield cryptocurrency platform, announces today that it has reduced its minimum loan amount to $500, making Celsius one of the most accessible... дальше »
2020-10-25 14:14 | |
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Average Bitcoin (BTC) transaction value went up by 500%
The explosion of the DeFi trend in 2020 has attracted a lot of attention, so many other significant developments in the crypto industry managed to pass by undetected. One example is the fact that the average value of BTC transactions saw quite a major increase over the past three months. дальше »
2020-10-21 10:36 | |
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Always On: Bitcoin To Surpass S&P 500 Trading Time Within Two Years
Recently, the discussion around Bitcoin “maturing” and becoming a respected mainstream asset, has prompted comparisons to the stock market, gold, currencies, commodities, and more. One notable difference between the stock market and Bitcoin is that the crypto market is always on, and because this exists, the leading cryptocurrency by market cap will have traded more hours than the S&P 500 since its debut in the 1950s. дальше »
2020-10-20 18:00 | |
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One More Crash Required Before Bitcoin Hits $20K: Analyst
Bitcoin remains at risk of crashing below $10,000 even as its long-term fundamentals look incredibly bullish. The benchmark cryptocurrency could fall into the $8,000-8,500 area, according to a trade setup presented by a TradingView-based analyst. дальше »
2020-10-20 11:00 | |
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Bitcoin Fractals That Sent Price 30-50% Higher Flash Again
Just a day before Bitcoin breached $11,500, a psychological resistance level, the cryptocurrency painted one of the strongest bullish signals of its eleven-year history as a financial asset. On October 11, BTC/USD formed a leading ‘Golden Cross‘ on its daily chart. дальше »
2020-10-15 16:00 | |
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How Bitcoin Could Surge 500% Amid Rising Institutional Adoption
An increasing amount of Bitcoin is being accumulated by institutions. This much was made clear on Tuesday, when Stone Ridge Asset Management revealed to Forbes that it had picked up 10,000 BTC, representing one percent of its assets under management. дальше »
2020-10-14 04:38 | |
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Spain proposes new bill that requires cryptocurrency users to disclose their holdings
The Spanish government has approved this Tuesday the new draft Law on Prevention and Fight Against Tax Fraud. Although the bill focuses on overall tax fraud, it also includes cryptocurrencies. One of the first measures of the bill will be the limitation of cash payments to only 1,000 euros instead of the usual 2,500. This […] дальше »
2020-10-13 17:27 | |
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Fractal Analysis: Bitcoin Will Undergo a Slight Correction Towards $11,000
Bitcoin may not sustain its highs after pushing as high as $11,500 on Friday evening. One trader recently noted that a simple fractal analysis suggests the coin will undergo a retracement after hitting $11,400. дальше »
2020-10-12 00:42 | |
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Here's another reason to be optimistic about Bitcoin this year
Bitcoin’s search results on Google are one of the hottest topics in the correlation narrative. You have for long read stories of Bitcoin’s correlation with gold, with the S&P 500, or specific The post Here's another reason to be optimistic about Bitcoin this year appeared first on AMBCrypto. дальше »
2020-10-11 18:00 | |
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This Historically Accurate Fractal Suggests Bitcoin Will Soon Hit $15,500
Bitcoin is currently seeing a strong upswing that has led it past multiple heavy resistance levels This move comes just days after tech giant Square announced their plan to hold $50 million worth of Bitcoin as a reserve asset This is the second public company to turn towards BTC to protect their capital, with this bourgeoning trend sparking excitement amongst investors There is one fractal pattern that indicates further upside could be imminent in the […] дальше »
2020-10-11 01:00 | |
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Bitcoin Indicators Following the Same Trajectory They Did Before the 2017 Bull Run
Since Square's Bitcoin investment news broke out on Thursday, the digital currency has been chasing higher levels. The first bust of momentum saw us reaching for $11,000, the second one breaking it, and then we went nearly to the $11,500 level. дальше »
2020-10-10 16:37 | |
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This Grim Pattern Indicates Bitcoin Is Ready to Plunge Towards $9,500
There’s an air of uncertainty within the crypto market, with most altcoins plunging lower as Bitcoin continues consolidating Analysts seem to be unsure of where the benchmark cryptocurrency will trend in the near-term, as it has yet to make any decisive movements One trader is noting that BTC is currently in the process of undergoing a bearish technical cross between two of its moving averages He notes that this could open the gates for a […] дальше »
2020-10-6 21:00 | |
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Bitcoin Could be Coiling Up for a Move Past $11,000 Due to These Events
Bitcoin’s price has been seeing an incredibly tight bout of consolidation throughout the past 24-hours, forming a $50 trading range as it stays within the mid-$10,500 region This has created an air of uncertainty regarding where it may trend next, as it could easily see a swift move in either direction That being said, the cryptocurrency’s ability to find stability in the face of a barrage of multiple bearish news developments is positive One trader […] дальше »
2020-10-4 19:00 | |
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Bitcoin Could See an Accelerated Decline to $9,500 if It Breaks One Key Level
Bitcoin’s price has been largely stagnant over the past couple of days, with its recent uptrend stopping short of leading the cryptocurrency up to highs of $11,000 BTC has been able to maintain the bulk of its recent gains despite the selloff seen yesterday afternoon This selloff caused it to wick as low as $10,500 on some exchanges, but the decline was fleeting and followed by a strong rebound Although Bitcoin has been consolidating ever […] дальше »
2020-9-30 21:00 | |
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One of Bitcoin’s Bull-Scenarios Was Invalidated by Selloff; Factors to Consider
Bitcoin has been caught in the throes of immense volatility throughout the past few days, with the cryptocurrency being unable to form a sustainable trend This has led investors to question what could come next for BTC, as it is still caught within the long-held trading range between $10,000 and $11,000 That being said, the latest decline that sent the crypto reeling down from its $10,500 daily highs struck a blow to its technical outlook […] дальше »
2020-9-25 02:00 | |
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Bitcoin’s Price Action Shows Similarities to 2016; Pointing to a Bullish 2021
Bitcoin’s price has been flashing some major signs of weakness throughout the past few days, with bears continuing to defend against a break above $10,500 This weakness may soon be coming to an end, however, as buyers have now shattered the selling pressure that previously existed at this level While looking towards the asset’s near-term price action, one analyst explained that he sees some striking similarities to 2016 This comparison is bullish because it suggests […] дальше »
2020-9-15 21:00 | |
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Analyst Gives 3 Reasons Why Bitcoin Could Bounce Back from $10K
As Bitcoin plunged from near $10,500 to below $10,000 within a week, many compared its fall to the one from March 2020. Five months back, a liquidity crisis has caused a severe crash across the global markets. дальше »
2020-9-9 10:48 | |
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CEX.IO to Offer Instant Cryptocurrency-Backed Lending Service in 217 Countries and Territories
Issuance of the USD and EUR loans as large as $500,000 will be facilitated by a multimillion-dollar liquidity pool. CEX. IO, one of the largest international exchanges in the cryptocurrency markeThe post CEX. дальше »
2020-9-7 15:30 | |
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CEX.IO to Offer Instant Cryptocurrency-Backed Lending Service in 217 Countries and Territories
Issuance of the USD and EUR loans as large as $500,000 will be facilitated by a multimillion-dollar liquidity pool. CEX. IO, one of the largest international exchanges in the cryptocurrency market, is set to launch a digital asset-backed lending service in September. дальше »
2020-9-7 05:30 | |
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Why Has Bitcoin Become A Leading Indicator For The S&P 500?
Yesterday, there was complete and utter carnage across the global financial market. Bitcoin fell over 10% by the daily close and breached below $10,000 at one point before bouncing. The stock market also saw the largest single-day loss since June. дальше »
2020-9-5 18:00 | |
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Why The Upcoming US Election is Bitcoin’s Biggest Risk
Bitcoin broke up through $12,000 but is now crashing. Gold set a new all-time high but has since pulled back. The S&P 500 keeps on setting high after high. Still, all of these assets have one thing in common: they’re all at risk for a sizable correction, primarily due to the dark cloud hanging over the coming United States 2020 Presidential election. дальше »
2020-9-2 18:36 | |
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Analyst: Ethereum May Target $650 After Invalidating Signs of Bearishness
Ethereum and the entire crypto market have shown some signs of strength today This has allowed ETH to push up towards $500, with the cryptocurrency rallying to highs of $475 before seeing some stalling momentum Analysts don’t believe that this ongoing upsurge is anywhere close to being completed One trader noted that his bearish scenario for ETH has now been invalidated, suggesting that further upside could be imminent Another trader is now setting his sights […] дальше »
2020-9-2 23:00 | |
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Ethereum Miners Reported to Be Biggest Beneficiary of Increased Transaction Fee
Coinspeaker Ethereum Miners Reported to Be Biggest Beneficiary of Increased Transaction FeeWith the increase in Ethereum blockchain activity and amid the growth of ETH price, Ethereum miners were reported to have earned $500,000 in transaction fees in one hour - the biggest amount recorded ever. дальше »
2020-9-1 18:34 | |
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Here’s Why Bitcoin May Face a Harsh Correction Before It Can Rally Higher
Bitcoin is in the process of stabilizing following the swift rebound it incurred overnight This allowed the benchmark crypto to climb from lows of $11,150 to highs of $11,500, around which price it is now hovering around Analysts are noting, however, that there is a path forward for the cryptocurrency to see a much stronger correction than the one seen yesterday One trader is watching for a rejection at $11,700, as he notes that this […] дальше »
2020-8-29 02:00 | |
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This Support May Launch Ethereum to $500, But Signs of Weakness Remain
Ethereum has seen a strong rebound from its daily lows. This has allowed it to climb into the $390 region This upsurge came about in tandem with that seen by Bitcoin and most other major cryptocurrencies This market-wide movement has allowed cryptocurrencies that were battered by yesterday’s downturn to erase virtually all of their recent losses For ETH, one analyst is now setting his sights on a movement up towards $500 in the near-term That […] дальше »
2020-8-29 23:00 | |
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Winklevoss Brothers Say Bitcoin Could Reach $500K as the ‘Only’ Long-Term Inflation Hedge
"Bitcoin is ... the only known commodity in the universe that has a deterministic and fixed supply," the Winklevoss brothers wrote in a blog post saying the cryptocurrency may one day hit $500,000. дальше »
2020-8-28 14:22 | |
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Ethereum Still Likely to Dive to $360 Support as Funding Stays Neutral
Ethereum and Bitcoin have both posted notable rebounds after facing some intense weakness throughout the early morning hours ETH was able to rally from lows of $380 to highs of well over $390, while Bitcoin pushed back above $11,500 after dipping to $11,200 This strength is an incredibly positive sign for the market, as it shows that buyers still have underlying strength Despite this strength, analysts are still short on Ethereum, with one trader noting […] дальше »
2020-8-28 23:00 | |
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This Fractal Suggests Ethereum May Rally Past $500 Before Plunging Lower
Ethereum is struggling to maintain the slight momentum it found yesterday after its price reeled down to lows of $370 After bouncing up towards $390, bulls started facing faltering momentum that ultimately led the asset’s price back down towards sub-$380 Because Bitcoin is currently expressing signs of weakness, it remains incredibly unclear as to where the market may trend in the near-term One analyst is pointing to a strikingly accurate fractal for guidance, which shows […] дальше »
2020-8-27 23:00 | |
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S&P 500 Hits Another Record High as U.S. and China Resume Trade Talks
Coinspeaker S&P 500 Hits Another Record High as U. S. and China Resume Trade TalksThe tech sector continues to take the markets ahead as indices hit new highs. The U. S. and China have resumed the phase one of the trade talks as the two giant economies plan to come to common grounds with their trade settlements. дальше »
2020-8-26 11:20 | |
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Ethereum Isn’t Clear of Danger Yet, But Analysts are Eyeing a Move to $500
Ethereum has seen a sharp decline over the past several hours that has caused it to break back below $400 This movement came about in tandem with a similar decline seen by Bitcoin and has sent shockwaves throughout the aggregated crypto market Analysts are now noting that ETH may be poised to see further near-term weakness, but its bull case remains strong One trader is noting that Ethereum has yet to break below a crucial […] дальше »
2020-8-26 23:00 | |
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This Support Could “Launch” Ethereum to $500 as Bulls Slow Its Descent
Ethereum saw a sharp decline throughout the past couple of days that led it to break below $400 The selling pressure driving this movement ramped up overnight, but bulls have since been able to reverse it Analysts are now noting that it may be well-positioned to see further upside in the days and weeks ahead Its positive reaction to one crucial support level is even leading one trader to note that it could soon be […] дальше »
2020-8-22 22:00 | |
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Top DeFi Token Yearn.finance (YFI) Craters 20%: Why Analysts Remain Bullish
Yearn. finance (YFI) has embarked on a parabolic run-up over the past few days. The Ethereum-based asset traded at $4,200 one week ago, and yesterday, it reached $16,500. This is a gain of almost 300% in around seven days. дальше »
2020-8-22 02:59 | |
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Bank of America’s Latest Gold Survey Hints Trouble for Bitcoin; Here’s Why
Bitcoin remains one of the best-performing assets this year, now sitting atop more than 60 percent gains. The benchmark cryptocurrency on Monday nearly hit $12,500, a level it had not touched since July 2019. дальше »
2020-8-20 11:05 | |
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