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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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3 Macro Factors Show Why Bitcoin Is Poised to Erupt Past $10,500: Analyst

The recent price action has made it easy for investors to flip bearish for Bitcoin for the time being, but a top analyst recently shared that he remains macro bullish on the cryptocurrency. Backing his optimism, he shared the chart below, along with three macro factors showing that Bitcoin is likely still embroiled in a macro uptrend. дальше »

2020-6-10 15:00


Bitcoin Market in Backwardation Supports A ‘Cautious Tone’ for BTC Price Short Term

The price of Bitcoin on spot exchanges is currently trading around $6,750 after sliding below $7,000 over the weekend. Some extremely bearish predictions are even calling for fresh lows. However, the good thing is Bitcoin has found a “higher floor” and given that currently, the cash on exchanges is at all-time highs and sentiments are […] дальше »

2020-4-16 22:11


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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