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Ethereum Reaches a Fate-Determining Level as Analysts Watch for Volatility
Ethereum’s price action has been closely tracking that of Bitcoin in recent weeks, causing it to see a choppy bout of sideways trading The lack of any real trend in recent weeks has made ETH’s mid-term outlook somewhat unclear That being said, the crypto may now be trading at a pivotal level that determines its near-term outlook One analyst is noting that the price at which it is currently trading has historical significance, and its […] дальше »
2020-9-27 22:00 | |
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Bitcoin’s Momentum Stalls, But Negative Funding Gives a Boost to Bulls
Bitcoin’s upwards momentum has stalled following the promising push higher seen yesterday This allowed the cryptocurrency’s price to surge up towards $10,800, which is where it met some serious resistance that slowed its uptrend Despite rejecting at this level, the subsequent downtrend has not been that intense, indicating that bulls may still have some underlying strength One analyst is noting that although BTC is beginning to look bearish, the fact that funding rates are still […] дальше »
2020-9-26 21:00 | |
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Bitcoin Is Undervalued, Fair Value Price Should Be $15,000, Says Analyst
Bloomberg cryptocurrency analyst Mike McGlone says bitcoin is greatly undervalued, suggesting that its fair value price should currently be somewhere around $15,000. The price of bitcoin (BTC) has see-sawed between $10,000 and $12,400 over the last few weeks, often tumbling sharply following what one pundit described as “fake” breakouts. дальше »
2020-9-25 09:45 | |
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Yearn.finance (YFI) On “Life Alert” After Weak Attempt To Hold Support
Yearn. Finance (YFI) had such an abrupt rise to fame, now that momentum has changed, the plunge could be equally as dramatic. Thus far, any attempt to hold above support has been weak, says one crypto analyst. дальше »
2020-9-25 23:00 | |
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Analyst: Ethereum May Grind to $280 Before ETH 2.0 Hype Propels It Higher
Ethereum and other altcoins have been struggling to garner any strong momentum following the massive declines posted earlier this week This weakness came about as a result of Bitcoin’s rejection at $11,200, which is a level analysts have been watching Until BTC’s macro outlook begins growing more positive, Ethereum will likely continue struggling as well That being said, some positive technical developments in the coming months could help boost its outlook One analyst is noting […] дальше »
2020-9-24 23:00 | |
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Ethereum May Crash to $300 Support as Selling Pressure Grows Heavy
Ethereum is currently oscillating between highs of $345 and lows of $336 as its bulls and bears reach an impasse The cryptocurrency has been unable to see any relief following the massive influx of selling pressure that stopped it from seeing any further gains It is still trading well above its multi-week lows of $320, but growing weakness is putting its current stability in jeopardy One analyst explained in a recent tweet that he expects […] дальше »
2020-9-23 23:00 | |
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Bitcoin Shorts May Soon Get “Trapped” as Bulls Slow BTC’s Descent
Bitcoin’s price has found some stability following the recent market-wide selloff that helped send it down from highs of $11,200 to lows of $10,400 Bulls are ardently guarding against it seeing further near-term downside at the present moment There is a possibility that sellers will be able to continue pushing the market lower in the near-term, as turbulence within the stock market is providing an ideal background for bears to operate against One analyst is […] дальше »
2020-9-23 21:00 | |
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Bulls are in Control of Bitcoin as Long as It Defends One Crucial Level
Bitcoin has witnessed some intense selling pressure throughout the past day, but bulls have been able to absorb the vast majority of it This selling pressure ultimately sent the cryptocurrency down to daily lows of just below $10,800, at which point buyers stepped up and guarded against it seeing any further downside One analyst is now noting that where it trends in the near-term may depend almost entirely on whether or not bulls can maintain […] дальше »
2020-9-21 19:00 | |
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Analyst: Bitcoin May First Tank to $9,700 Before Rallying to Fresh Highs
Bitcoin bulls and bears are currently deadlocked as the cryptocurrency trades around $11,000 This price region has proven to be heavy resistance for BTC in the past, and whether or not it can be surmounted in the coming day or so should provide insight into the strength of BTC’s bulls A rejection here could cause it to see some notable downside in the near-term, sending shockwaves throughout the entire cryptocurrency market One analyst is noting that […] дальше »
2020-9-20 02:00 | |
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Ethereum is “Fighting for Its Life” as Bulls Struggle to Defend Critical Support Level
Ethereum is currently in the process of rebounding from its daily lows that were set just a handful of hours ago The cryptocurrency has been facing heightened selling pressure as of late, struggling to build momentum as it remains below $370 One analyst is now stating that the cryptocurrency is “fighting for its life” as it trades right around a crucial support level Bulls and bears have largely been at an impasse when it comes […] дальше »
2020-9-17 23:00 | |
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Here’s How High Bitcoin Could Run Before Facing Immense Selling Pressure
Bitcoin has seen some incredibly strong price action throughout the past few days After establishing the region between $9,900 and $10,000 as a baseline support level, bulls have now stepped up and propelled it back up towards $11,000 This current strength has struck a blow to bears, although BTC hasn’t reached the clear just yet One analyst is noting that the region between $11,100 and $11,200 is where he is expecting Bitcoin to face some […] дальше »
2020-9-16 02:00 | |
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Ethereum is Nearing Crucial Resistance; Rejection Here Could Spark Move to $300
Ethereum’s price is currently struggling to surmount some heavy resistance, which has caused it to lag behind Bitcoin today This resistance, which exists at $380, has hampered its price action on multiple occasions throughout the past few weeks Despite this, because BTC is now nearing $11,000, a break above this crucial level will likely catalyze some intense buying pressure that also creates a tailwind for ETH One analyst noted that this region of resistance between […] дальше »
2020-9-16 23:00 | |
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These 3 Factors Suggest Bitcoin May Soon Push Towards $11,250
Bitcoin has seen some incredibly strong price action throughout the past few days Bulls have stepped up to the plate and propelled the crypto up towards its $11,000 resistance, marking a notable surge from recent lows of $9,900 These lows were visited throughout the past couple of weeks, with bears ardently attempting to invalidate Bitcoin’s macro strength Their failure to do so has now opened that gates for further upside, with one analyst pointing to […] дальше »
2020-9-15 21:00 | |
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Stock-To-Flow Model Creator Says It’s Time For BTC To Make A Major Upside Move Based On This Crucial Update
There are multiple metrics and models that are used to predict the bitcoin price in the future. A widely-known — yet often contested — one is the stock-to-flow model designed by quant analyst PlanB. дальше »
2020-9-15 01:07 | |
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Altcoins Could See “More Blood” as Bitcoin Dominance Reaches Bedrock Support
Bitcoin has been firmly guiding the altcoin market throughout the past week or so, with mid-cap and small-cap cryptos firmly tracking its every move This trend has come about following a period in which these tokens significantly outperformed the benchmark crypto This trend led BTC’s dominance over the aggregated market to plunge lower, and it now appears to have reached a bedrock support level One analyst believes that this support level will allow Bitcoin’s dominance […] дальше »
2020-9-15 23:00 | |
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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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Here’s What Bitcoin’s Strong Weekly Close Says About Its Present Outlook
Bitcoin posted a strong weekly close yesterday afternoon, which is what allowed the cryptocurrency to see an overnight upswing that has led it past multiple crucial levels. While speaking about the digital asset’s price action, one analyst observed that its strong weekly close may continue acting as a launchpad for further upside, noting that bulls […] дальше »
2020-9-15 19:00 | |
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Bitcoin Cash hits new low vs. Bitcoin as Draper deletes Twitter praise
Bitcoin’s controversial hard fork now buys less BTC than ever before as one analyst warns that buyer support has disintegrated.
дальше »2020-9-13 12:17 | |
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Ethereum is About to Make a Big Movement; But Will It Favor Bulls?
Ethereum has been flashing some signs of strength throughout the past few days, with bulls now pushing it back towards its recent highs of $380 The cryptocurrency is slightly outperforming Bitcoin at the moment and does appear to be in a decent technical position One analyst is noting that a confluence of factors seems to suggest that a massive movement is brewing for the cryptocurrency Whether or not this move favors bulls or bears is […] дальше »
2020-9-13 22:00 | |
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Institutions are Growing Increasingly Bullish on Bitcoin Following Drop to $10,000
Bitcoin’s price is now expressing some signs of stability within the lower $10,000 region, with bulls being able to garner some strong support This comes after the cryptocurrency defended its crucial near-term support level at $9,900 on multiple occasions throughout the past week One analyst is now noting that investor fear is at the same level it was at just before the crypto pumped to $12,000 This also comes as institutional investors grow bullish on […] дальше »
2020-9-13 19:00 | |
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Why One On-Chain Analyst is Wary About Bitcoin’s “CME Gap” Narrative
One widespread narrative that cryptocurrency investors have been closely watching as of late is regarding Bitcoin’s propensity to fill gaps that are formed on its CME futures chart. Although this trend has proven to hold true in some cases with both Bitcoin and other assets, it is important to note that the narrative is laced […] дальше »
2020-9-12 05:00 | |
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Bitcoin is About to Reach a Pivotal Point as Buyers Defend Key Level
It has been a choppy day of trading for Bitcoin and the aggregated crypto market This primarily stems from BTC’s inability to maintain the upwards momentum that was driving it higher yesterday Although losing its momentum is a bear-favoring sign, it is important to note that not too much has changed for BTC from a technical perspective One analyst is noting that the benchmark cryptocurrency is now reaching a pivotal level that will shape its […] дальше »
2020-9-12 21:00 | |
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Analyst: Latest Bitcoin Rally Doesn’t Look Like a Bull Run
Bitcoin just crashed from $12,000 to $10,000 in the matter of a few days, and it has since been a battle for bulls to hold ground at $10,000. Unfortunately, bears may end up winning this battle, as the latest rally according to one crypto analyst, doesn’t at all look like a “bull market.” When comparing […] дальше »
2020-9-11 23:00 | |
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This Grim Technical Pattern Suggests Ethereum May Plunge to $240
Ethereum has seen a strong rebound from its recent lows, which has allowed it to outperform Bitcoin and most other digital assets throughout the past day This rebound has led it from lows of $320 to highs of over $380 Bulls are now vying to push the crypto back into the $400 region, which could allow it to reclaim its bullish market structure and see further upside One analyst doesn’t believe this is going to […] дальше »
2020-9-11 23:00 | |
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Bitcoin Could Be Coiling Up for a Move to $11,000 as Bulls Spark Slight Rally
Bitcoin and the aggregated crypto market have been flashing some signs of strength throughout the past day While BTC rebounded hard from its key support at $10,000, ETH was able to climb back up towards the upper-$300 region This marks a notable rise from its recent lows that were set earlier this week Where the market trends in the coming hours and days should provide significant insight into its near-term outlook One analyst is noting […] дальше »
2020-9-11 21:00 | |
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As Bitcoin Consolidates, Here are the Crucial Levels that Will Determine Its Future
Bitcoin has seen a strong rebound from its recent lows, but the cryptocurrency still remains caught within a firm consolidation phase between $9,900 and $10,300 The benchmark crypto is currently testing the upper boundary of this range, but its momentum is somewhat tempered at the moment and appears to be faltering Whether or not it can push any higher in the near-term may depend almost entirely on how it reacts to $10,300 One analyst is […] дальше »
2020-9-10 02:00 | |
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Analyst: Ethereum Narrowly Avoids Capitulation as Macro Outlook Grows Bright
Ethereum has posted some strong price action throughout the past couple of days, with the cryptocurrency ardently defending against any sharp decline This strength has come about mostly due to the buying pressure found at $320 This price level, and the region directly above it, have helped the crypto to slow its descent and stabilize Bitcoin’s ability to hold above $10,000 has also aided its price action significantly One analyst is now noting that ETH […] дальше »
2020-9-10 23:00 | |
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Bitcoin is Defending a Crucial Macro Level as Bulls Show Signs of Strength
It is growing increasingly clear as to just how important $10,000 is for Bitcoin’s macro price action, as this level has been ardently defended by bulls on multiple occasions BTC has been trading around the level for the past several days, with each dip below it proving to be highly short-lived Bulls’ slight displays of strength whenever the crypto dips below this level are a positive sign for its near-term outlook One analyst is now […] дальше »
2020-9-9 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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Ethereum Continues Finding Strong Support, But Fails to Break Crucial Level
Bitcoin’s inability to push past $10,400 has created a major headwind for the aggregated market This has resulted in ETH’s price plunging towards its key support levels throughout the mower-to-mid $300 region Because Ethereum has grown highly correlated to Bitcoin as of late, where it trends next may depend almost entirely on the benchmark cryptocurrency That being said, one analyst is noting that the strong support ETH has at $320 may be enough to stop […] дальше »
2020-9-9 23:00 | |
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Bitcoin Hammers Key Support Level as All Eyes Continue Watching $10k
Bitcoin has once again faced a massive influx of selling pressure that caused its price to dip back towards its key support at $10,000 The cryptocurrency is navigating beneath this level, which means that it may soon once again test its critical support at $9,900 The multiple tests of this level that it has undergone in recent times seems to indicate that significant downside could be imminent One analyst is noting that a failure to […] дальше »
2020-9-8 21:00 | |
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Analyst: Ethereum Poised to Dip to $270 as Selling Pressure Mounts
Ethereum has been fully exposed to the weakness seen by Bitcoin and the aggregated crypto market today This has caused it to post some notable losses, with its price reeling down to lows of $325 earlier this morning before bears lost some of their momentum and the crypto rebounded back above $330 Despite some slightly positive price action seen this morning, one analyst is still noting that the likelihood of a decline down towards the […] дальше »
2020-9-8 23:00 | |
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Chainlink Posts Relief Rally, But One Analyst is Still Expecting $5.00; Here’s Why
Chainlink saw a massive decline earlier this week that sent its price plunging to lows within the sub-$10. 00 region. The cryptocurrency is beginning to show some signs of strength as it rebounds from these lows, with its recent lows starting to look increasingly like a long-term bottom. дальше »
2020-9-7 04:00 | |
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Ethereum Taps Key Resistance as Analysts Watch for Rebound to Falter
Ethereum has posted a strong rebound from its recent lows, with bulls pushing the cryptocurrency up to highs of $360 earlier today This upswing proved to be short-lived, and the cryptocurrency has since been rejected at this level Nonetheless, today’s price action has signaled that ETH’s sub-$320 lows may ultimately mark a long-term bottom that is followed by further upside While speaking about this, one analyst explained that although today’s rebound has been strong, it […] дальше »
2020-9-6 22:00 | |
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Ethereum May Dive to $295 as Bears Strike a Blow to Its Market Structure
Ethereum has seen some intense selling pressure throughout the past few days, which reached a boiling point overnight when its price declined to lows of $330 The cryptocurrency is now stabilizing following this movement, but sellers appear to be stepping up and catalyzing further selling pressure One analyst is now noting that ETH could decline as low as $295 in the near-term This downside movement may come about as a result of the selling pressure […] дальше »
2020-9-6 22:00 | |
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Data Shows “Smart Money” is Looking to Buy Bitcoin at $8,800
It has been a rough past couple of days for Bitcoin and the rest of the crypto market, with bears forcing BTC to dive as low as $10,000 The support found just below this price region was significant, as BTC quickly bounced and ran back towards the upper-$10,000 region Bulls and bears have since reached an impasse, with the cryptocurrency consolidating as it attempts to garner some clearer directionality in the near-term One analyst is […] дальше »
2020-9-5 21:00 | |
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Analysts Set Their Sights on a Move to $9,600 as Selling Pressure Mounts
Bitcoin has been facing unusually strong selling pressure throughout the past few hours, which appears to be coming from multiple large mining pools This caused the price of BTC to crater, dropping as low as $10,700 before finding some support that allowed it to climb significantly higher One analyst is now noting that this latest decline struck a blow to its technical outlook, leading him to set his sights at $9,600 A decline to these […] дальше »
2020-9-4 02:00 | |
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Hedge Asset Prices Don’t Predict Inflation, Says BOE Analyst
The price of gold and other store-of-value assets are not good indicators of inflation, according to one Bank of England (BOE) analyst. Gertjan Vlieghe, previously a Deutsche Bank AG bond expert, told officials that elevated gold prices do not offer a predictive capability. дальше »
2020-9-3 13:00 | |
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Here’s How Low One Analyst Expects Bitcoin to Plunge in the Mid-Term
It has been a rocky past few days for Bitcoin, as the benchmark cryptocurrency dropped as low as $11,100 following yesterday’s surge to highs of $12,200 This weakness came about in the form of a slow descent down to $11,700, which is the point at which it incurred a massive inflow of selling pressure Bulls were able to defend its $11,100 support, and where it trends next may depend largely on whether or not it […] дальше »
2020-9-3 02:00 | |
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Bitcoin Shows Signs of Strength, But These Factors May Bolster Bears
Bitcoin is currently attempting to break above $12,000, with the cryptocurrency rallying towards this level as Ethereum sets fresh 2020 highs at $475 BTC’s current strength has yet to lift it past the key resistance it faces in the near-term at this level A failure to surmount it would be grim for its near-term outlook, and potentially spell serious trouble for where it goes next One analyst believes that there are a few factors that […] дальше »
2020-9-2 02:00 | |
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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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As YFI Breaks Bitcoin’s All-Time High Level, Messari Analyst Says It Could Very Well Reach $1 Billion And Here’s Why
YFI is the latest Ethereum-based DeFi to take the crypto space by storm. Within two months of launching, the yearn finance native token has become the number one yield farming protocol in the crypto market. дальше »
2020-9-1 11:15 | |
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Ethereum to Post Bullish Weekly Close; Will This Invalidate Its Weakness?
Ethereum has expressed some signs of immense strength today, with its buyers catalyzing a sharp upwards movement that has allowed it to surge towards $420 The cryptocurrency’s momentum is leading it into its daily and weekly candle close with a strong market structure Analysts believe that this will be enough to help propel the crypto higher in the days and weeks ahead One analyst is noting that although ETH may face some resistance at $430, […] дальше »
2020-8-31 22:00 | |
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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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Next Bitcoin Leg Up Could “Overshoot” $15K, $12K Wont Hold Back Rally
Bitcoin price is currently holding above important weekly support. With just three days left for the weekly close, the next few days are critical. If the cryptocurrency can break through, $12,000, which one analyst claims won’t hold much longer, the next leg up could “overshoot” most targets and touch $15,000. But although that outcome is […] дальше »
2020-8-29 20:00 | |
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Bitcoin’s Critical Support is Degrading, and It’s Bad for Altcoins
Bitcoin is currently struggling to garner any notable upwards momentum as its price drifts towards its key support at $11,000 Sellers have been in firm control of its trend throughout the past several days and weeks Where it trends in the near-term will likely depend almost entirely on whether or not bulls can continue defending against a decline below $11,000 One analyst is noting that a key technical support level that was bolstering BTC is […] дальше »
2020-8-28 21:00 | |
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Analyst: Tether (USDT) may be doing more to skirt capital controls than Bitcoin
On Crypto Twitter and in the media, Bitcoin is touted as the one way through which anybody in the world can reliably skirt capital controls. The post Analyst: Tether (USDT) may be doing more to skirt capital controls than Bitcoin appeared first on CryptoSlate. дальше »
2020-8-27 14:00 | |
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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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Analysts Predict US Presidential Election Outcome Could Collapse Dollar, Boost Bitcoin and Gold
Analysts have predicted a bearish outlook for the U. S. dollar as the country’s 2020 presidential election approaches. One analyst says gold will correct with Donald Trump’s victory followed by the collapse of the U. дальше »
2020-8-26 19:15 | |
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Here are the Simple Factors That Could Pull Bitcoin Towards Its 2020 Highs
Bitcoin is showing tempered signs of strength at the present moment as its price pushes up towards $11,800 The cryptocurrency has been seeing slight weakness in recent days, making this latest upswing a welcome development for bulls BTC has yet to break its prolonged consolidation phase between the lower-$11,000 region and $12,000 Some factors suggest a break of this range is imminent in the near-term One analyst is pointing to stock market strength and weakness […] дальше »
2020-8-25 02:00 | |
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