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Bitcoin to Correct Throughout Summer Months as Analysts Eye Major Downside
Bitcoin’s consolidation phase has persisted, with the cryptocurrency continuing to trade sideways as it hovers around $9,360 The cryptocurrency has struggled to garner any notable momentum, showing some signs of weakness as it continues trading around the lower boundary of its range It does appear that it could be poised to see further near-term weakness due to it forming a weak technical structure This could spark a correction that causes it to decline throughout the […] дальше »
2020-6-22 19:00 | |
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Ethereum’s Reaction to This Crucial Support Level Will Determine its Fate in 2020
Ethereum has seen some lackluster price action in recent times, largely facing sideways trading similar to that incurred by Bitcoin and the entire crypto market It has posted some signs of weakness throughout the past several hours due to it dipping below its well-established trading range This has led it down to what analysts are describing as a “crucial level,” and its reaction here could determine its fate in the months ahead One venture capitalist […] дальше »
2020-6-21 22:00 | |
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60% of Bitcoin Options Open Interest Expires in 6 Days; Will Fireworks Ensue?
The crypto market has continued extending its long-held consolidation phase, with this sideways trading largely coming about as a result of Bitcoin’s lack of momentum Analysts are now noting that it may persist further in the near-term, as there are no immediate catalysts for momentum One factor that could lend itself towards shifting this trend is the expiry of 60% of all Bitcoin options next week Close to $1 billion in contracts are expiring on […] дальше »
2020-6-20 19:00 | |
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Analysts Say Bitcoin Breakout Imminent: Silver-like Suppression, $5 Trillion in Cash Could Flow Into BTC
A number of venture capitalists and macro investors believe bitcoin’s price will break out soon following suit with gold’s recent climactic rise. Dan Tapeiro, cofounder of Gold Bullion International, thinks that $4. дальше »
2020-6-20 00:45 | |
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Why It’s “Increasingly Unlikely” Bitcoin Crashes Under $7,000: Analyst Explains
As Bitcoin has stalled in the $8,000s and $9,000s over recent weeks, certain analysts have begun to expect a strong move lower. One top trader went as far as to say that BTC could see a 40% drop in the coming months. дальше »
2020-6-17 04:00 | |
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Here are the Simple Reasons Why Bitcoin May Soon Explode Past $10,500
After a brief break below $9,000 earlier this week, Bitcoin has been able to post a strong rebound from these lows, now navigating back up towards $9,600 This climb seen throughout yesterday is certainly positive for bulls, as it points to underlying strength amongst BTC’s buyers Analysts are now laying out a few simple reasons for why this recent price action could mark an accumulation pattern If this pattern plays out, then BTC is bound […] дальше »
2020-6-17 21:00 | |
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Bitcoin Forms a Decisive Top Formation as Momentum Falters; Analysts Expect Blood
Bitcoin has posted some mixed price action as of late, offering few insights into the strength of its current market structure Analysts do believe that the recent price action following its latest rejection at $10,000 struck a blow to its underlying strength This may be causing the benchmark crypto to form a clear top formation that suggests a violent downturn is imminent This weakness could also be compounded by the recent break below a key […] дальше »
2020-6-15 22:00 | |
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Analysts Target a Sub-$200 Move for Ethereum Once it Taps This Crucial Level
Ethereum has been closely tracking Bitcoin’s price action throughout the past several weeks and months The cryptocurrency did recently form an incredibly bearish technical pattern that analysts are still closely watching There’s a strong possibility that the crypto could be positioned to see notable downside in the near-term due to this pattern One analyst is even targeting a movement down to the sub-$200 region This price action could be magnified by a recent surge in […] дальше »
2020-6-15 22:00 | |
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Bitcoin Analysts are Watching These Six Critical Levels After Yesterday’s Plunge
Bitcoin posted a grim plunge yesterday that caused it to see notable losses Buyers were able to ardently defend against a break below the key support that has been established at $9,000 Analysts are now widely noting that BTC could be positioned to see further weakness in spite of its bullish overnight rebound There are six key high time frame support levels that buyers have built – ranging between $1,000 and $7,000 Buyers must post […] дальше »
2020-6-13 02:00 | |
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XRP Has Been Setting Lower Highs for 886 Days; Why Analysts Expect More Weakness
XRP has been severely underperforming the aggregated crypto market throughout 2020 The crypto is now on its 886th day of selling lower lows Analysts do not believe that this trend is going to alleviate anytime soon, as there are other signs of weakness that it has been flashing in recent times One veteran trader even noted that it could soon plummet another 30% against its BTC trading pair XRP has been struggling to garner any […] дальше »
2020-6-13 23:00 | |
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Holding Above This Key Level Could Send Bitcoin to $14,000; Will This Happen?
Bitcoin’s consolidation phase has muddied the clarity that many investors had regarding the strength of its uptrend Because the resistance that has been laced just above BTC’s current price has proven to be insurmountable, it remains unclear as to what could push the crypto past this level Analysts still believe that the crypto’s outlook could be extremely bright In order for it to validate its potential strength, however, it is imperative that buyers push it […] дальше »
2020-6-12 02:00 | |
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Ethereum’s Surging Open Interest Could Fuel an Explosive Downside Movement
Ethereum has been caught in the throes of an intense multi-week period of consolidation alongside Bitcoin and the aggregated crypto market Analysts do believe that ETH is coiling up to make a large movement as its open interest begins ballooning This OI trend is a sign that the next large move that it makes will be magnified It is possible that this movement will favor sellers due to the strong nature of the resistance that […] дальше »
2020-6-12 23:00 | |
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Bitcoin’s Consolidation is Likely to Lead it to $9,200 Next; Here’s Why
Bitcoin has continued consolidating following a bout of intense volatility yesterday that sent it into the $10,000 region This movement was short-lived, and the tap of this resistance level was once again followed by a firm rejection Analysts are now noting that the cryptocurrency is growing weaker as it continues trading beneath its resistance This could open the gates for BTC to post some notable losses in the days and weeks ahead, with one analyst […] дальше »
2020-6-12 21:00 | |
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This Bitcoin Volume Trend Formed Before BTC’s Rally to $13,800; It’s Forming Again
Bitcoin’s long-held consolidation phase within the mid-$9,000 region may soon come to an end, as analysts are now noting that the resistance at $10,000 is beginning to evaporate. This isn’t to say that the cryptocurrency is overtly bullish at the moment, as there still exists a multitude of different factors that could hamper the growth […] дальше »
2020-6-11 02:00 | |
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Ethereum is Coiling Up to Make a Big Movement; Here’s Why it May Favor Bears
Ethereum, like Bitcoin, has been caught within a long-held bout of sideways trading over the past week This consolidation has made it increasingly unclear as to which direction it will trend next It has largely come about as a result of the lackluster price action seen by Bitcoin in recent times Analysts do believe that ETH could be poised to see some notable downside if it is unable to push higher in the days and […] дальше »
2020-6-11 23:00 | |
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Ethereum on Unstable Ground Following Immense Overnight Turbulence
Ethereum has been closely tracking Bitcoin’s price over the past several weeks This caused it to see some intense overnight instability, with its price rising to highs of $246 overnight after crashing to lows of $235 One bear-favoring technical pattern that has been forming over the past few days could lead it significantly lower Analysts do believe that ETH 2. дальше »
2020-6-10 23:00 | |
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Analysts Are Fearing an Ethereum Correction: Here’s How Fall It Could Fall
Ethereum has been on an impressive rally over the past month. The leading altcoin is trading up more than 16% in the past month, as per data from crypto market site Coin360. com. Over that same time frame, Bitcoin dropped by 4%, while certain altcoins like XRP and BSV plunged by nearly 10%. дальше »
2020-6-8 04:00 | |
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Bitcoin at Grave Risk of Cratering to $7,400 as it Taps Multi-Month Trendline
Bitcoin is flashing some signs of weakness as it navigates towards the lower boundary of a trading range that has been firmly established over the past couple of weeks The crypto’s current weakness comes after a failed attempt by buyers to propel it towards $10,000 This decline has also led BTC down to a multi-month ascending trendline that has been guiding its price higher If it breaks below this level, analysts warn that it could […] дальше »
2020-6-8 22:00 | |
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Ethereum Forms “Compelling” Bearish Reversal Pattern; Here’s What Could Invalidate It
An overnight decline seen by the aggregated crypto market appears to have bolstered the possibility that Ethereum is forming a potent head and shoulders (H&S) pattern This comes as analysts note that they foresee its recent highs to mark a local top It is important to note that there is one upcoming event that could be a catalyst for further bullishness One trader believes this event will help ETH establish a mid-term uptrend in the […] дальше »
2020-6-6 23:00 | |
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Waning Demand for Bitcoin Spells Trouble for Where it Goes Next
Bitcoin saw a slight decline overnight that caused it to invalidate some of the strength that was previously guiding it towards $10,000 It now appears that the crypto is positioned to see further downside as its technical outlook degrades Analysts are pointing to waning demand and growing supply as reasons why the benchmark crypto could soon decline lower It is important to note that this decline could lead BTC as low as the $7,000 region […] дальше »
2020-6-6 21:00 | |
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Here’s Why Bitcoin’s Outlook Remains Bleak as Long as It Trades Below $10,500
Bitcoin saw a sharp and unexpected rally past $10,000 yesterday that caught sellers off guard This movement allowed the benchmark crypto to rally to highs of $10,400 before it lost its momentum and declined back to the lower five-figure price region The cryptocurrency now appears to be trading at a pivotal point, and analysts are noting that it could still see further downside in the days and weeks ahead There is one level that, if […] дальше »
2020-6-3 21:00 | |
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Altcoins Could Face Capitulatory Decline as Crypto Market Hits Key Resistance
The aggregated cryptocurrency market has been struggling to spark a macro uptrend due to Bitcoin’s inability to break above $10,000 This has led it to form some heavy resistance just above its current market cap – with this level potentially being insurmountable in the near-term Analysts are also pointing to altcoins severe underperformance of Bitcoin in recent times, which could suggest that this potentially imminent market-wide decline will be brutal for smaller cryptocurrencies Bitcoin and […] дальше »
2020-5-31 22:00 | |
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Ethereum Posts Breakout Rally as Analysts Set Upside Targets at $290
Ethereum has been able to incur some notable upwards momentum throughout the past day. This has come about after weeks of it severely underperforming both Bitcoin and the aggregated crypto market. It now appears that the cryptocurrency could be positioned to see even further gains in the near-term, as this latest movement has provided its... дальше »
2020-5-30 00:00 | |
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Bitcoin’s Move Past $9,000 Leaves Wake of Destruction; Liquidates $20m in Shorts
Bitcoin saw a sharp rise overnight that allowed it to firmly surmount the $9,000 region This upwards movement liquidated nearly $20 million in short positions, with buyers now attempting liquidate even more shorts in an attempt to fuel an uptrend The crypto has been rejected within the $9,200 region, however, which could halt its short-term uptrend Analysts are now also noting that heavy resistance just above Bitcoin’s current price level could be enough to fuel […] дальше »
2020-5-28 23:00 | |
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XRP Could Soon Trap Bulls; Here’s How Low Traders Think It Could Decline
XRP, like most other altcoins, has been caught within a bout of sideways trading throughout the past several days and weeks The cryptocurrency’s rangebound trading may not last long, however, as analysts are now noting that it could be poised to see some major downside in the days and weeks ahead Its next notable decline could be sparked by a bull trapping movement higher Some analysts are even pointing to a fractal that suggests new […] дальше »
2020-5-24 22:00 | |
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It’s Decision Time for Bitcoin: These are the Price Levels Analysts are Targeting
Bitcoin has been firmly caught within a bout of consolidation over the past few days, largely hovering within the lower $9,000 region It appears that it is decision time for the cryptocurrency, as how its ongoing period of sideways trading resolves could set the tone for where it trends in the weeks ahead This next movement could be quite drastic, as some analysts are noting that it could result in a $1,000+ candle Bitcoin has […] дальше »
2020-5-24 19:00 | |
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Bitcoin’s Bull Case Remains Valid as Buyers Fight to Maintain $9,000
Bitcoin has been flashing some overt signs of weakness throughout the past several days and weeks This has been rooted largely in its inability to break into the $10,000 region after facing multiple strong rejections here throughout the past several days Analysts are now noting that the cryptocurrency remains in a position to see further upside, however, as long as it is able to hold above a key ascending trendline It also could soon rally […] дальше »
2020-5-23 02:00 | |
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Digital Currencies Could Threaten US Geopolitical Power, Warns JPMorgan
“There is no country with more to lose from the disruptive potential of digital currency than the United States,” say analysts at JPMorgan Chase & Co.
дальше »2020-5-22 11:37 | |
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Here’s Why Traders Think Bitcoin is on the Cusp of Printing a $1,000 Candle
Bitcoin has continued ranging sideways within the upper-$9,000 region following a series of rejections at $10,000 The ongoing bout of sideways trading may mark buyers’ attempt to generate increased trading activity from bulls Analysts are noting that Bitcoin is nearing the apex of a large ascending triangle The resolution of this pattern could be the impetus for BTC to print a $1,000 candle Bitcoin has struggled to garner much momentum in recent times, with its […] дальше »
2020-5-21 02:00 | |
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This Crypto Could Soon Invalidate its Multi-Year Bullish Market Structure
Chainlink has seen some immense bullishness throughout the past two years, but its strong market structure dates back even further In spite of the crypto’s ongoing upswing that has led it past $4.00, analysts are still cautious about where it may go next One trader is even noting that he believes it will soon invalidate a key growth curve that has been pivotal to its multi-year uptrend Chainlink’s immense bullishness seen throughout 2019 and 2020 […] дальше »
2020-5-21 23:00 | |
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New COVID-19 Lockdown Proposal Poses Unique Threat to Bitcoin’s Ongoing Momentum
A new and wildly unusual COVID-19 lockdown strategy proposal for slowly reopening the economy has many investors and financial analysts scratching their heads, and it could impact Bitcoin‘s recent bullish momentum. дальше »
2020-5-21 21:30 | |
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Bitcoin’s Uptrend Could End if It Stays Below $10,000; Here’s Why
Bitcoin’s overnight swing to highs of over $9,900 has led the cryptocurrency to enter a firm bout of sideways trading that has persisted throughout the past day. The cryptocurrency’s market structure has been bolstered by its ability to find some stability in the mid-$9,000 region despite the multiple rejections it has faced at $10,000. Analysts... дальше »
2020-5-19 04:00 | |
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Investors Need to “Be Careful” About Bitcoin’s Uptrend Because of These Factors
Bitcoin attempted to push above $10,000 yesterday evening but was once again met with a significant amount of selling pressure that subsequently led it lower The benchmark cryptocurrency is now once again caught within a bout of sideways trading within the mid-$9,000 region Analysts are warning investors against getting too excited about this latest uptrend, as there are a few factors that suggest it could soon see further downside in the days and weeks ahead […] дальше »
2020-5-19 23:00 | |
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Ethereum Could Rally to $290 if it Holds This One Crucial Level
Ethereum could be well positioned to see some notable upside in the days and weeks ahead, despite its overt signs of weakness caused by its recent decline to the sub-$200 region. Analysts are now noting that its market structure still favors buyers so long as it maintains above $185, and that a continued defense of... дальше »
2020-5-17 02:00 | |
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What to Watch for Following Bitcoin’s Latest Rejection at $10,000
Bitcoin has seen some notable volatility throughout the past several hours, with Bitcoin rallying up to highs of $10,000 before facing a sharp rejection In the time since, it has been able to find some notable support despite struggling to gain enough buying pressure to extend its upwards momentum Analysts are now noting that BTC appears to be forming a fresh trading range, and there is one key level to watch that could have a […] дальше »
2020-5-16 02:00 | |
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Bitcoin Could Benefit from Increasing Investments in China from Global Funds, Here’s Why
Bitcoin investments in China could grow as global funds increase their exposure in Chinese equities in a significant capital reshuffling. The cryptocurrency eyes more demand as a V-shaped rebound in the Chinese economy seems unlikely per top analysts. дальше »
2020-5-14 10:17 | |
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This Crypto Could See Major Pain as it Risks Breaking Its Macro Uptrend
Tezos has been one of the most bullish cryptos throughout late-2019 and 2020, only seeing momentum rivaled by that seen by Chainlink The cryptocurrency is now at risk of invalidating the technical strength brought about as a result of this uptrend Analysts are noting that it could soon see some serious “pain” as it struggles to hold above a key support level Tezos has seen some serious momentum throughout the past several months that has […] дальше »
2020-5-13 23:00 | |
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Is the Worst Behind for Bitcoin as It Recovers from Pre-Halving Dip?
After concluding its third-ever block rewards halving, Bitcoin has shown some immense signs of strength from both a technical and fundamental standpoint The cryptocurrency has now recovered a good portion of the losses that came about as the result of its recent dip, leading many analysts to conclude that this could mark a local bottom BTC’s hash rate has also remained quite high in the time following this event, which is a sign of strength, […] дальше »
2020-5-13 21:00 | |
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Bitcoin Analysts Chillingly Anticipate Months of Consolidation for BTC: Here’s Why
Bitcoin’s third-ever mining rewards halving event concluded yesterday, subsequently reducing the block rewards for miners by 50% Much to the chagrin of traders, this event did not lead to any notable volatility, as BTC has continued to experience rangebound trading in the upper-$8,000 region Analysts are now noting that BTC’s market structure does remain bullish so long as it is trading above $8,300 Despite this, the crypto could soon be subjected to months of consolidation […] дальше »
2020-5-13 21:00 | |
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These Simple Factors Suggest Bitcoin Could See a Sharp and Swift Recovery
Bitcoin saw a sharp and unexpected decline yesterday evening that led the crypto to shed over $20 billion from its market cap This decline came close on the heels of the multiple rejections that BTC has witnessed around the $10,000 region Despite the overt bearishness of this movement, analysts are noting that there are still some simple reasons why the cryptocurrency could see a swift recovery Bitcoin’s sharp overnight plunge led it to decline to […] дальше »
2020-5-10 19:00 | |
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Altcoins Breaking Out of Multi-Week Channels, is Another Rally Imminent?
All attention has been on Bitcoin this past week as it clawed its way back to five figures. The majority of altcoins have been slow to catch up, but some are beginning to break out, leading analysts to believe a rally could be imminent. дальше »
2020-5-9 12:20 | |
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XRP Shatters Crucial Macro Support as Analysts Eye Serious Downside
XRP has continued to severely underperform Bitcoin, forcing it to also see some downside against its USD trading pair despite the bullish market conditions This weakness has caused the third-largest crypto to decline beneath a key last-ditch support level that was bolstering its price action Analysts are now noting that it could soon see a freefall that leads it significantly lower due to the weakness resulting from this dire technical breakdown Yesterday the aggregated crypto […] дальше »
2020-5-9 23:00 | |
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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 […] дальше »
2020-5-8 02:00 | |
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It’s a Critical Moment for Bitcoin as Analysts Eye a Move to $14,000
Bitcoin saw some notable overnight volatility that caused it to post an upswing followed by a swift rejection, before once again climbing higher The benchmark cryptocurrency is now moving to test its next key resistance that sits at roughly $9,500 Analysts are now noting that a clean break throughout a heavy overhead supply region just above BTC’s current price could be just what it needs to make a move up to $14,000 Bitcoin’s intense uptrend […] дальше »
2020-5-7 21:00 | |
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Renewed Bitcoin Rally May Be Triggered by This $2 Trillion Investor Cash Pile
Bitcoin eyes a new price rally as investors assess the provisional reopening steps taken by the U. S. states. Analysts believe a restrained second wave of Covid-19 infections could increase risk sentiment. дальше »
2020-5-7 08:10 | |
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Optimism Takes Hold After Oil Futures Contracts Stabilize Above $20
Although oil prices were in free fall just a few weeks ago, most futures contracts seem to have stabilized. June futures are now trading well above $20. Could the worst of the oil price collapse be over? Analysts are feeling optimistic as oil futures continue to tick higher. дальше »
2020-5-6 20:15 | |
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Bitcoin May Be Poised to Push to $11,000 as Bullish Confluence Grows
Bitcoin has entered what appears to be a consolidation phase as its bulls and bears reach an impasse This has led the benchmark crypto to trade sideways within the upper-$8,000 region for an extended period of time Analysts are noting that there are some bullish factors that seem to suggest the recent rally is far from over, and that BTC could soon make a bid at $11,000 Bitcoin has seen some highly bullish price action […] дальше »
2020-5-5 21:00 | |
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Bitcoin May be Topping Out After Buyers Lost a Key Level
Bitcoin has fallen back into the upper-$8,000 region after facing yet another firm rejection at $9,200 This latest rejection marks the third one that the cryptocurrency has seen in recent times, signaling that the resistance here could ultimately prove to be insurmountable Analysts are now noting that Bitcoin is flashing signs of forming a local top, signaling that the crypto is now poised to see further downside in the days and weeks ahead Bitcoin has […] дальше »
2020-5-4 19:00 | |
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The Dow Jones Slid 1,000 Points Over the Past Few Days: Will Bitcoin Follow Suit?
Bitcoin has expressed a striking correlation to the traditional markets throughout the past several weeks This correlation has shown some tempered signs of breaking throughout the past couple of days due to BTC’s overwhelmingly bullish price performance It remains unclear as to just how long this trend will persist, as some analysts are warning that the stock market could halt the cryptocurrency’s uptrend Bitcoin has seen some incredibly bullish price action throughout the past several […] дальше »
2020-5-3 19:26 | |
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