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Analyst: Bitcoin Could Surge to $17,000 Once This Crucial Level is Broken
Bitcoin has been caught within a bout of sideways trading for the past couple of weeks This has led it to form a relatively wide trading range between $11,200 and $12,200 The crypto’s buyers have been ardently guarding against a dip to below the lower boundary of this range, as a strong upswing follows each visit here Analysts are now noting that BTC may be positioning itself to see significantly further gains in the short-term […] дальше »
2020-8-16 19:00 | |
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Bitcoin Prone to Seeing Downside as It Trades Below Key Level
Bitcoin and the aggregated crypto market are struggling to extend the mid-term uptrend that has driven them higher over the past few weeks This has come about as BTC pushes up against insurmountable resistance at $12,000 – a level that it has been rejected at on multiple occasions Analysts are now noting that it may require a daily close above $11,900 for it to see further upside that sends it past this price level There […] дальше »
2020-8-14 02:00 | |
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Analyst: Bitcoin Likely to Tap $10,000 Unless Bulls Spark Strong Movement
Bitcoin has been oscillating between the lower and mid-$11,000 region throughout the past few days This rocky price action comes close on the heels of the harsh rejection at $12,000 that it posted this past weekend The cryptocurrency will likely continue struggling to garner any momentum as long as hovers below the upper-$11,000 region, which is where it faces some resistance Analysts do believe that some near-term downside could be imminent in the days and […] дальше »
2020-8-13 21:00 | |
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Here’s the Crucial Trading Range That Will Determine Bitcoin’s Macro Outlook
Bitcoin has been caught in a firm consolidation phase but is now showing some signs of weakness The cryptocurrency is currently pushing down towards its key support within the mid-$11,000 region as its bulls falter There is currently a massive trading range that analysts are closely watching Which of the range boundaries that the crypto breaks above – or below – first will likely offer significant insight into its near-term trend Some respected traders are […] дальше »
2020-8-12 02:00 | |
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XRP May Explode Higher After “Destroying” a Macro Downtrend Line
XRP is currently hovering around the key $0.30 region as its buyers attempt to stop it from breaking below this crucial support level. This slight decline comes as the aggregated crypto market begins facing heightened selling pressure, although it has not been enough to invalidate the market’s macro strength. Analysts are now noting that XRP […] дальше »
2020-8-8 00:00 | |
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Ethereum is Showing Early Signs of Weakness; Is the Top in?
Ethereum, like Bitcoin, is facing a bout of consolidation as it trades below its crucial near-term resistance This level has held strong throughout the past several days, and each attempt to break above $400 has been met with an influx of selling pressure One result of this consolidation phase has been the emergence of multiple bearish signals that all point to imminent downside Analysts believe that unless ETH gains ground against BTC, it could be […] дальше »
2020-8-8 23:00 | |
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This Newly Formed Structure Could Cause Bitcoin to See Major Losses
Bitcoin and the aggregated cryptocurrency market are currently in a precarious position following the series of strong rejections seen yesterday evening The selling pressure incurred as a result of these rejections has not yet been enough to force BTC or other assets below their crucial support levels That being said, analysts are growing increasingly cautious on BTC’s near-term outlook One trader explained that a recently emerged technical pattern seems to indicate downside is imminent It […] дальше »
2020-8-5 02:00 | |
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Ampleforth (AMPL) Freefalls After Breaking Below $1; Will it Continue Dropping?
Ampleforth is currently caught in the throes of an intense downtrend that has caused it to decline significantly This comes as its economic structure begins having adverse impacts on its price action Analysts are widely noting that this sort of price decline is essentially by design, due to its elastic circulating supply Despite being designed to trade around $1 – a level that it has since broken below – it may not see a sharp […] дальше »
2020-7-31 23:00 | |
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Analyst Who Predicted Bitcoin’s V-Bounce at $3,700 Thinks This Comes Next
Bitcoin has stagnated after surging as high as $11,500 on Monday. As of this article’s writing, the asset trades for $10,950 — just under 5% below the local high. Analysts remain optimistic about BTC, arguing that the asset is poised to rally further in the days ahead. дальше »
2020-7-29 15:00 | |
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Analyst Who Predicted Bitcoin’s 2018 Bottom Thinks $12k Is Imminent
Bitcoin has faced a rather strong correction after its explosion to the $11,500 highs. At the recent lows, the asset traded as low as $10,600 — around 8% below the local highs. Despite the retracement and the fact that BTC remains below $11,000, analysts remain bullish on Bitcoin. дальше »
2020-7-29 13:00 | |
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Analysts Explain Why Bitcoin Price Risks Falling Below $10K
Bitcoin jumped above the $10,000-level on Sunday for the first time in almost two months. The rally appeared as falling yields on US bonds lifted demand for safe-haven assets. Nevertheless, some analysts, including gold bull Peter Schiff, expect Bitcoin to correct below $10,000 in the coming sessions. дальше »
2020-7-27 11:08 | |
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Why Analysts Think It’s Time To Go Long On Bitcoin
The secret to breaking bitcoin’s sideways price movement is to call it a stablecoin, the crypto community has learned. The community is currently buzzing with activity and excitement, as bitcoin broke out from its below $9200 resistance to reach $9500 and is currently trading green at a little below $9600. With much speculation and analysis […] дальше »
2020-7-26 18:52 | |
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Why Bitcoin Falling Below This Price Could Signal “Real Weakness”
Bitcoin has once again flatlined after rallying to $9,400. The cryptocurrency remains stagnant despite large movements in the stock and precious metals market. Analysts say the cryptocurrency must maintain $8,800 moving forward. дальше »
2020-7-23 04:00 | |
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There’s “Lots of Open Air” for Bitcoin Down to $7k if This Level is Lost
Bitcoin risks a drop to the low-$7,000s as the price prepares to fall below a crucial support level as defined by the Ichimoku Cloud. Multiple analysts corroborate the sentiment that the leading crypto asset will fall towards that region in the third quarter of 2020. дальше »
2020-7-20 02:00 | |
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This Technical Structure Signals Bitcoin is Coiling Up for a Major Downside Break
Bitcoin does not appear to be in a good position at the present moment Bears are currently attempting to push it below its long-held support at $9,000 This comes just a week after the crypto posted two consecutive rejections at $9,400 Its inability to push higher coupled with mounting selling pressure suggests downside could be imminent Analysts concur with this notion, with one pointing to a technical structure as a reason why he is anticipating […] дальше »
2020-7-17 02:00 | |
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Here’s Why Ethereum Breaking Below $225 Could End “Altseason”
Ethereum has seen some notable losses that have sent it down to the lower boundary of its trading range The crypto is now flashing some overt signs of weakness This is rooted in the lack of strength seen by both Bitcoin and most other major digital assets Analysts are now noting that $225 is a crucial level for ETH One trader is even noting that it is arguably the “biggest level” in the crypto’s history […] дальше »
2020-7-17 23:00 | |
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Analysts Expect XRP to Crash Lower as It Reaches “Do or Die” Level
After facing some turbulence throughout the early part of the month, XRP has been able to stabilize just below its key $0. 20 resistance level, marking a notable climb from its multi-week lows of $0. дальше »
2020-7-15 00:00 | |
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Last Time Bitcoin Volatility Was This Low, BTC Surged by 25% in 24 Hours
For the past few weeks, Bitcoin analysts have observed extremely low volatility in the nascent cryptocurrency market. Nothing shows this inaction quite as well as the chart below from Blockroots founder Josh Rager. дальше »
2020-7-4 07:00 | |
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If the S&P 500 Passes 3,200, Then Bitcoin Can Retake $9,500: Analyst
If you’ve followed Bitcoin analysts over recent weeks, you likely know of the importance of $9,500 to the cryptocurrency. As the chart below indicates, $9,500 has been a crucial price point for Bitcoin over the past two months. дальше »
2020-7-3 04:00 | |
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Ethereum Bulls Defend Crucial Support, But Outlook Remains Gloomy
Despite navigating down towards its crucial support at $220, Ethereum’s buyers were able to defend against a break below this level The cryptocurrency now appears to be well-positioned to maintain above this level in the near-term, as buyers are currently ardently defending another crucial support level That being said, on its daily chart the cryptocurrency does appear to be flashing some signs of overt weakness One group of analysts recently noted that the recent break […] дальше »
2020-7-2 23:00 | |
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Bitcoin Continues Closing Below a Crucial Level, Boosting Bears
Bitcoin has remained caught firmly within its long-held consolidation phase, with both its buyers and sellers being unable to catalyze any sharp momentum in either direction It is important to note that unlike weeks past, BTC is now consolidating just above its crucial support level at $9,000 This seems to be a sign of overt weakness, and could hurt buyers should the crypto begin inching lower Analysts are now noting that Bitcoin has been consecutively […] дальше »
2020-7-2 21:00 | |
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Ethereum Struggles to Flip Crucial Trendline as Analysts Eye Move to $120
Ethereum’s price has been sliding lower over the past several days Despite Bitcoin being able to maintain above the lower boundary of its long-held trading range, ETH is now trading firmly below the range it formed over the past several weeks This points to some underlying weakness amongst its buyers which comes as it nears its crucial $220 support level It also just confirmed a “death cross” formation that hasn’t been seen since March. This […] дальше »
2020-6-30 23:00 | |
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Analyst Who Predicted 2018’s $3k Bottom Says Bitcoin Looks “Cooked”
Save for a few blips here and there, Bitcoin has more or less tracked equities over recent months. The below image from Charles Edwards, a digital asset manager, shows this correlation quite well. The correlation between crypto and the S&P 500 has also been tracked by analysts at JP Morgan. дальше »
2020-6-30 15:06 | |
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Ethereum is Showing Early Signs of Macro Weakness; What to Watch For
Ethereum has been inching lower after breaking below the support level at the bottom of its long-held trading range This decline has come about despite Bitcoin showing some signs of stability within the lower-$9,000 region ETH is now trading at a crucial support level that buyers are attempting to defend, as a break below it could be dire Analysts are now noting that for the first time in a long time ETH is showing signs […] дальше »
2020-6-29 22:00 | |
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Data Shows Recent Bitcoin Difficulty Adjustment May Kickstart New Accumulation Phase
Bitcoin is currently trading just below its most important resistance yet, gearing up for what most crypto analysts expect to be a major move. However, data suggests that sell pressure from miners adjusting to the newly reduced block rewards combined with quiet accumulation may be responsible for the recent sideways price action. Bitcoin Sideways Trading […] дальше »
2020-6-23 23:00 | |
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Why Analysts Expect Bitcoin to Plummet to $7,700 as Technical Strength Degrades
Bitcoin’s consolidation phase is showing few signs of letting up anytime soon. The benchmark crypto is still trading within the lower-$9,000 region, and the support just below its current price level appears to be significant. дальше »
2020-6-22 01:00 | |
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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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Here’s the Critical Price Level That May Kick Off Ethereum’s Next Bear Trend
Ethereum investors have gained little insight into the cryptocurrency’s trend over the past few weeks Despite being stuck within a wide trading range, it is important to note that ETH has been hovering just above the lower boundary of this range over the past few days This has marked an underperformance of Bitcoin and many of its other peers, but an overnight dip below this level was quickly absorbed by buyers Analysts are still forecasting […] дальше »
2020-6-20 23:00 | |
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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 Will See a “Significant Retracement” If It Falls Under $8,600: Here’s Why
Analysts expect Bitcoin to see a “significant retracement” if the cryptocurrency falls below the crucial $8,600 support in the coming few days. Related Reading: The Ethereum Investment Case Has This Unexpected Achilles’ Heel Bitcoin Must Hold the Mid-$8,000s, Analysts Explain Bitcoin moving under $8,600 will spell disaster for the bull case, a top trader has shared. дальше »
2020-6-17 15:00 | |
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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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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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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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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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Bitcoin’s Break Below a Key Level has Opened the Gates for a Move to $5,900
Following an extended bout of sideways trading within the $9,000 region, Bitcoin has now firmly broke below this range as it trades around $8,800 Although the crypto has ardently defended its near-term support, its technical outlook does appear to be rapidly degrading Some analysts are even noting that its latest breakdown has opened the gates for it to see a movement that leads it as low as $5,900 in the weeks and months ahead Bitcoin […] дальше »
2020-5-26 02:00 | |
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Why Analysts Expect a Deeper Drop After Bitcoin Just Crashed Below $9,000
After rallying 5% from the weekly lows, the Bitcoin bull trend has petered out once again. This weakness culminated in a drop below $9,000 just minutes ago, marking the lowest price BTC has traded at in approximately three days. дальше »
2020-5-24 19:25 | |
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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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Analysts: XRP to See Final Capitulation After Crashing Below Key Support Level
Although Bitcoin is pushing multi-month highs, XRP isn’t. The cryptocurrency is trading at $0. 205 — over 10% shy of its $0. 245 monthly high — while Bitcoin is trading a mere 3% below its $10,100 monthly high, data from TradingView. дальше »
2020-5-19 13:00 | |
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Bitcoin’s Uptrend Remains Intact as Multi-Month Trendline Continues to Hold
Bitcoin’s halving was accompanied by high levels of volatility as many prominent analysts within the industry expected. The flagship cryptocurrency took a 20% nosedive over the weekend that saw its price drop below $8,000. дальше »
2020-5-12 18:14 | |
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Bitcoin Just Surged Past $9k: Here’s Why Analysts Think More Upside Is Imminent
After trading below $9,000 ever since the blow-off top on Wednesday, Bitcoin has been subject to a strong recovery over the past couple of days, culminating in a breakout seen this past hour. The cryptocurrency, as of the time of this article’s writing, is trading for $9,150 — more than 9% higher than the post-rally... дальше »
2020-5-3 07:00 | |
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Ethereum’s Aggressive Bids are Dissolving as Buyers Grow Weak
Ethereum has seen a slight rejection from its recent highs in the time following its decline from just below $200 Analysts are noting that there are multiple separate technical factors that point to an imminent breakdown One such factor is a major decline seen in the cryptocurrency’s buying pressure, which has been dissolving throughout the past several days and weeks Ethereum has been closely tracking the price action seen by Bitcoin in recent times. This […] дальше »
2020-4-28 23:00 | |
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Petro-Dollar System Crumbles: US Dollar Could Collapse from the World’s Oil Wars
During the last few days, people witnessed history when the price of crude oil dropped below zero to -$40 per barrel, and as time passes many analysts think the worst is yet to come. After West Texas Intermediate (WTI) oil-based contracts dried up for May, contracts for June collapsed by 45%. дальше »
2020-4-24 20:25 | |
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Bitcoin Enters Multi-Year Trading Range as Mixed Signals Flash
Bitcoin has stabilized above $6,800 after its recent dip below $7,000 It has now entered what appears to be a historic trading range that has been developed over many years Analysts are noting that the crypto is now sending mixed signals with regards to where it might trend next In the time following Bitcoin’s intense decline below $7,000 yesterday, the benchmark cryptocurrency has since been able to stabilize above its near-term support at $6,800. It […] дальше »
2020-4-22 21:00 | |
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Bitcoin spot volume is telling a bullish tale as analysts eye macro bottom
Bitcoin’s overnight break above the resistance it was previously facing at $7,200 has allowed the crypto to significantly extend the momentum that was first incurred when BTC dipped below the support it has established at $6,600 earlier this week. дальше »
2020-4-21 13:00 | |
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Why Bitcoin Analysts See This Dip As Incredible Opportunity To Buy
Today’s Bitcoin price drop below USD $7k has taken some by surprise, yet it is causing little concern among analysts, In fact, the mood is optimistic, as most believe that the market will recover quickly, with the flagship crypto currency soon surging much higher. дальше »
2020-4-11 20:42 | |
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Analysts Question Gold’s Safe Haven Status – 2008 Data Shows Central Banks Oversaturated Bullion Markets
After bitcoin prices dropped below the $5K region on Monday morning, gold also slid significantly. It saw a small spike in value after the Federal Reserve announced slashing the benchmark rate by 100 bps, but gold prices subsequently dropped below $1,500 per ounce hours later. дальше »
2020-3-18 18:20 | |
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Bitcoin Forms Massive Trading Range as Analysts Eye a Move to Sub-$4,000
Bitcoin has once again found itself caught within the throes of an immense selloff, with the benchmark cryptocurrency plummeting below $5,000 earlier this morning in tandem with the decline seen by the U. дальше »
2020-3-17 20:30 | |
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Bitcoin Price Collapses Under $8,000 Amid Global Turmoil; Where Analysts Say BTC Goes Next
The past day has been unnerving for bitcoin investors, to say the least. After losing support at the $9,000 level, BTC price swiftly cascaded below $8,000. At press time, the king of cryptocurrencies is trading at $7,894. дальше »
2020-3-10 15:58 | |
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