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Bitcoin Flips Bearish as Dreaded “Death Cross” Returns

Bitcoin’s price is flashing some signs of weakness again as it nears it crucial $9,000 support The multiple tests of this level do seem to indicate that it is growing weaker, and it may only be a matter of time before sellers forcefully push BTC beneath it This comes as the be3nchmark cryptocurrency grows bearish from a technical perspective Analysts are noting that it recently formed a widely dreaded “death cross’ on its four-hour chart, […] дальше »

2020-6-30 21:00


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The Last Time This Indicator Emerged, Bitcoin Dropped 50%. It’s Back

Bitcoin has shown some continued signs of weakness today due to its inability to garner any clear upwards momentum It is now hovering within the lower region of its long-held trading range, and it remains unclear as to just how long this support will last for Its latest decline lower has caused it to grow weak from a technical perspective One crucial indicator that has been bullish throughout the past several months just flipped bearish […] дальше »

2020-6-27 21:00


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Bitcoin Will Confirm a Massive Bearish Distribution Pattern if it Breaks $8,600

Bitcoin’s long-held consolidation phase came to an end yesterday evening when sellers pushed the benchmark cryptocurrency below $9,000 Although buyers stepped up and quickly defended against further losses, they have been unable to catalyze any type of sharp recovery It now appears that BTC is well positioned to see a notable decline in the days ahead as sellers target the key support at $8,600 If this level is broken below, a massive distribution pattern will […] дальше »

2020-6-16 21:00


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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 […] дальше »

2020-5-24 19:00


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Ethereum Taps a “Structure Defining” Level as Traders Foresee Major Downside

Ethereum’s recent decline has led it down to $200 as it continues underperforming both Bitcoin and many of its other peers Analysts are now noting that the crypto is trading at a “structure defining” level Its technical weakness may be enough to define its market structure as being bearish, thus catalyzing further near-term losses Ethereum has continued underperforming the aggregated cryptocurrency market as it drifts down to its key support at $200, leading analysts and […] дальше »

2020-5-5 23:00


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Cryptocurrency News Roundup for April 13, 2020

Bitcoin’s dip below $7,000 on April 13 could very well be the first phase of a longer-term downward move. BTC was consistently on the rise since March 13, but are we currently looking at the bearish turnaround to that rally? We probably are, according to well-known trader @CryptoDonAlt who outlined three long-term support levels, each […] The post Cryptocurrency News Roundup for April 13, 2020 appeared first on BeInCrypto. дальше »

2020-4-14 10:17


Bitcoin Tumbles Under $7K, More Losses Ahead if Support Fails

Bitcoin has tumbled below $7,000 on Friday, which has surprised many investors. If the current support level at $6,900 doesn’t hold, the chances are that the bearish mood will extend. Bitcoin Slips on Good Friday Most of the traditional markets are closed today in observance of Good Friday, but crypto exchanges don’t experience a significant drop in trading volumes. дальше »

2020-4-11 13:33


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Bitcoin Aims to Re-Test Important Weekly Support and Resistance Levels

During the week of March 16-23, the Bitcoin price increased significantly, at one point reaching a high of $6,900. However, it decreased considerably over the weekend. Since the price failed to reclaim this important resistance area, this week’s movement will likely see a bearish re-test of support, rather than the beginning of an upward move. дальше »

2020-3-23 17:10