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Chinese Media: Bitcoin Bull Run Could Be Bearish for Gold and Precious Metals

Chinese state media are predicting further declines for gold and the precious market in general amid a possible parabolic advance for Bitcoin (BTC). Indeed, several market analyses show an increasing pivot away from traditional haven assets like gold towards BTC as investors look to capitalize on the top-ranked crypto by market capitalization reaching new heights. дальше »

2020-12-14 16:45


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Analyst Claims Ethereum is Almost Ready to See a Massive Markup to $800

Ethereum has been struggling to break free of its connection to Bitcoin, with the benchmark cryptocurrency having massive control over its price action This has so far been quite bearish for ETH, as it has caused the cryptocurrency to see notable losses on multiple occasions Where it trends next should depend largely on whether or not bulls and bears can hold BTC above $18,000, as a dip below this level could be grim One trader […] дальше »

2020-12-11 23:00


Bitcoin Bulls Defend $17,700, But BTC Still Faces Dangerously Strong Resistance

Bitcoin has faced some intense selling pressure over the past few days, with the response to its recent break below $19,000 being quite bearish This validates the notion that this is a crucial level that the crypto much firmly surmount and flip into support if it is to see any further upside One trader is now noting that, while BTC did rebound off of its key support in the upper-$17,000 region, it still faces multiple […] дальше »

2020-12-10 21:00


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Large Bitcoin Holders Just Moved 80,000 BTC; Analysts Grow Cautious

Bitcoin is in the process of testing its 2020 highs again as bulls attempt to take the reins and guide it to see further upside It has been struggling to gain any serious near-term momentum due to the selling pressure at $13,200, but once broken, it could rally towards $14,000 Despite its overt bullishness at the present moment, there are a few bearish signs that may indicate that a selloff is brewing One analyst is […] дальше »

2020-10-25 01:00


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Analyst: Bitcoin Would Rocket to $20k if It Were to Breakout Today

Bitcoin’s price has been struggling to gain any serious momentum over the past few days This has come about due to the stock market’s sideways trading, which is still holding heavy influence over that of BTC The cryptocurrency is facing some heightened selling pressure due to bearish developments within the market, but bulls have been absorbing the heavy influx of sell orders Where the entire market trends next may depend largely on Bitcoin One analyst […] дальше »

2020-10-18 01:00


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Do or Die: Ethereum Tests Critical Support Region as Bears Try to Regain Control

Ethereum has been struggling to garner any technical strength in the time following its dip below $380 This is a critical level that has determined its trends in the past, and the break below it is quite bearish Where the entire market trends next will likely depend on Bitcoin, but any near-term BTC downside could force ETH below a critical support level It is currently trading just a hair above this level, and one analyst […] дальше »

2020-10-18 22:00


Bitcoin is Hovering Above a Crucial Level; Here’s What to Watch For

Bitcoin and the entire crypto market are still caught in the same consolidation phase that they have been trapped within throughout the past few days The market has been struggling to maintain its momentum as its buy-side pressure wanes BTC’s current stability isn’t overtly bearish, however, as it also indicates that sellers don’t have any serious backing at the moment Where the entire market trends next likely depends on Bitcoin, which is currently trading above […] дальше »

2020-10-15 21:00


The Clock is Ticking for Bitcoin to Make a Massive Move; What Analysts are Saying

Bitcoin’s price has been caught within an incredibly tight consolidation phase over the past few weeks Multiple trend catalysts – both bearish and bullish – have arisen during this time, yet none of them have been able to provide BTC with any notable momentum Analysts are now noting that this won’t last for too much longer, with many expecting a large movement in the coming days and weeks One trader also believes that the next […] дальше »

2020-10-9 02:00


Here’s the Reason Why Bitcoin’s Price is Stable Despite Macro Turbulence

Bitcoin’s price has been incredibly stable throughout the past couple of weeks Even bearish news developments that would have – in years past – catalyzed far-reaching selloffs have done little to shake its present strength Analysts are now widely noting that the traditional markets will be a guiding force for BTC going forward Which direction they begin trending mid-term will likely influence the benchmark crypto One on-chain analyst is now putting forth an interesting observation […] дальше »

2020-10-8 21:00


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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 Shows Remarkable Strength Despite Growing List of Bearish Events

Bitcoin’s price saw a decent recovery following the BitMEX imbroglio yesterday, but the cryptocurrency’s reverted most of these gains overnight due to news of President Trump contracting the lethal virus This news sent shockwaves throughout the traditional markets as well, and appears to be having a trickledown effect on BTC as well as altcoins Where the aggregated crypto market trends in the days, weeks, and months ahead will likely depend largely on the global markets […] дальше »

2020-10-3 21:00


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


Bitcoin is Gearing Up for a Major Push Lower as Analysts Eye $9,600

Bitcoin’s inability to break above $10,500 speaks to some underlying weakness amongst the cryptocurrency’s bulls It also shows that the bears still have the edge over the benchmark crypto’s price action, which could mean that a break below its key support between $9,900 and $10,000 is imminent BTC is currently caught within a consolidation phase, being unable to find any strong momentum following the recent rejection Analysts are growing bearish on its near-term outlook, with […] дальше »

2020-9-12 02:00