Why this trader says Ethereum may rally harder than Bitcoin in a new bull cycle

Bitcoin has started to recover from its drop below $17,600.

The post Why this trader says Ethereum may rally harder than Bitcoin in a new bull cycle appeared first on CryptoSlate.

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TA: Bitcoin Signaling Downturn, Why BTC Could Trade To New Monthly Low

Bitcoin price is showing bearish signs below $18,050 against the US Dollar. BTC is now likely to continue lower and it could even trade below $17,500 Bitcoin is showing a few bearish signs below the $18,200 and $18,500 resistance levels. дальше »

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Why Bitcoin's realized volatility is below 100% in a Bull Run

Traders who witnessed Bitcoin’s 80% drop in price following the 2017 Bull Run to ascent from $1000 to new ATH of $19891.99 on Coinbase in 2020 have seen it all. The rally of massive volatility, the The post Why Bitcoin's realized volatility is below 100% in a Bull Run appeared first on AMBCrypto. дальше »

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Bitcoin “Double Top” Narrative Builds, Factors To Potentially Fear

Bitcoin price is in a precarious location. The asset set a new all-time high just days ago but is trading below the record and starting to decline. The shifting momentum is now presenting in technical indicators supplying bearish signals, adding to the double top narrative that’s been building since failing to break $20,000. Here are […] дальше »

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Clocking Terahash: Three Next-Generation Bitcoin Mining Rigs Launched During the Last Quarter

Just recently, the China-based bitcoin mining rig manufacturer Microbt released a new ASIC device that clocks up to 112 terahash per second (TH/s). The new machine is one of the top-performing mining rigs on the market, according to today’s network difficulty and electrical rates below $0. дальше »

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The Many Reasons Why The Dollar Could Soon Put A Damper On Bitcoin Bullishness

Bitcoin has just set a new all-time high, is trading just below $20,000, and is more bullish than its ever been as the digital narrative takes hold during the tail end of the pandemic.   But as the top cryptocurrency is directly opposed to the dollar, it is especially sensitive to extreme movements in the global reserve currency. дальше »

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Ethereum Shoots for New Highs After Moving Above $600

Ethereum is expected to be successful in breaking out and may begin moving towards the resistance levels outlined below.   ETH Long-Term Resistance The Ethereum price has been moving upwards since the beginning of March, already having increased by 608%. дальше »

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The Most Profitable Buy Signal In Bitcoin Is About To Trigger Despite Distance From ATH

Bitcoin price this week set a new all-time high price record, taking the leading cryptocurrency by market cap to right below $20,000 before a minor pullback began. And while there is always a possibility that the asset could see a stronger correction given how overheated it is and how profitable the year of 2020 has been, one indicator is pointing to significant upside from here instead. дальше »

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TA: Ethereum Near Inflection Zone, Why ETH Could Tumble Below $570

Ethereum traded to a new yearly high at $636 before correcting lower against the US Dollar. ETH price is showing bearish signs and it could decline heavily if there is a break below $570. Ethereum started a downside correction after trading to a new yearly high at $636. The price is trading below the $600 […] дальше »

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TA: Bitcoin Correcting Gains, Why 100 SMA Could Trigger A Larger Decline

Bitcoin price formed a new yearly high close to $20,000 before correcting lower against the US Dollar. BTC could accelerate its decline if there is a clear break below the 100 hourly SMA. Bitcoin is currently correcting lower below the $19,500 and $19,000 levels. дальше »

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Ten crypto leaders are in the new Forbes 30 Under 30 list

Forbes new list of 600 up-and-coming entrepreneurs aged below 30 features 10 representatives from the crypto and blockchain sectors. дальше »

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Analysts Eye Ethereum Move to $800 as ETH2 Upgrade Nears

Ethereum is exploding higher as Bitcoin has pushed to new year-to-date highs just shy of $20,000. The price of the leading cryptocurrency currently is $615, slightly below the year-to-date highs but far above where it was just a week ago. дальше »

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Why The Double Top Narrative In Bitcoin Doesn’t Make Sense

Bitcoin price just set a new all-time high today, and then immediately dropped $500 and is trading below the former peak once again. Murmurs of a “double top” scenario have been making rounds across the speculation-driven crypto community. дальше »

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Bitcoin Recovers After Sharp Drop Below Support

Bitcoin has been moving upwards since the drop, but it is more likely that the increase is a retracement rather than the beginning of a new upward trend.   Bitcoin Doji Candle Shows Indecision During the week of Nov 23-30, Bitcoin created a long-legged Doji candlestick which had a bearish close. дальше »

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New ATH: Bitcoin Futures OI Reaches $1.17 Billion on Binance

Glassnode has spread the word that OI on BTC futures on Binance reached a new all-time high of almost $1.2 billion while BTC is back below $19,000 дальше »

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Ethereum on a Tear as It Breaks New Yearly High

Ethereum’s Long-Term Levels The Ethereum price has rallied significantly since a sharp drop in March that briefly sent the price below $100. While the price suffered another drop on Sept 4, it has regained all of its losses. дальше »

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Why New Highs May Be Imminent For Bitcoin if $16,150 is Reclaimed

Bitcoin has begun to slide lower over the past few days as selling pressure has tapered off at the $16,500 highs. The leading cryptocurrency currently trades for $15,900, a few percent below those highs but still situated above key support levels. дальше »

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Analysts Fear Ethereum Has Topped After $470 Resistance Is Tapped Twice

Ethereum has actually seen quite a tepid bout of price action despite Bitcoin pressing to new year-to-date highs. While the coin is up 1. 3% in the past day, it is still a handful of percent below local highs. дальше »

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Receding Risk Appetite Paves Way for Bitcoin Breakout Above $16K

Bitcoin hit a bull’s eye ahead of the New York opening bell Thursday as its price closed above $16,000. The flagship cryptocurrency did not extend its welcome, falling prey to a moderate selling bias that led it back below $16,000. дальше »

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BNB Drops After Failure to Reach New Yearly High

The Binance Coin (BNB) price has failed to break out and reach a new yearly high. Instead, the price has broken down from its bullish structure. It is likely that BNB is in a correction and will decline towards the targets given below. дальше »

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Bitcoin Soars To $13,500 Following ECB’s Announcement Of Monetary Stimulus Boost Coming In December

After sliding below the $13,000 support level on Wednesday, the king of cryptocurrencies appears to be back on its way up. The sell-off yesterday was felt across stock markets and gold as investors throughout the world were shaken by reports of a resurgence in COVID-19 infections and new restrictive lockdowns. The bitcoin price slumped to […] дальше »

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Winklevoss twins give a new bullish Bitcoin price prediction

Bitcoin (BTC) price has been surging recently, following  PayPal’s announcement that it will introduce crypto buying, selling, and storing within its own platform. However, while BTC finally managed to leave the price limbo in which it was stuck for weeks and go up to just below $13k, Gemini founders, the Winklevoss twins, think that this is only a start for the world’s largest crypto. дальше »

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COMP Reaches New All-Time Low Price After Breakdown From Support

The Compound (COMP) price has fallen below a long-term support level and has proceeded to fall to a new all-time low. However, the price is trading inside a bullish pattern from which a breakout is expected. дальше »

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New Layers of Uncertainty in Oil

Oil demand from the transportation and airline sectors remains well below pre-pandemic levels, adding fresh challenges to already shifting seasonal trends. дальше »

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Ethereum Close Below $350 Could Spark Larger Degree Correction To $330

Ethereum tested the $370 resistance before correcting lower against the US Dollar. ETH price could start a larger decrease if it fails to stay above $350 and $348. Ethereum started a fresh decline after trading to a new weekly high near $370. дальше »

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LINK Bounces Strongly After Market-Wide Crash

The ChainLink (LINK) price has been increasing since a strong bounce on September 5. A breakout above one of the resistance levels outlined below could mean that the price has begun a new upward trend and will head towards a new all-time high. дальше »

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Bitcoin Crashes Below $10,000, Is The ‘Altcoin & DeFi Apocalypse’ Over Yet?

While the stock market is closed today, recognizing Labor Day, the crypto market is bleeding. For now, in another red day to mark the start of a new week, cryptocurrencies had a repeat performance. дальше »

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Bitcoin At Potential Risk of Breakdown Below $10,000: Here’s Why

Bitcoin price traded to a new monthly low at $9,853 before correcting higher against the US Dollar. BTC is still following a bearish pattern and it is likely to accelerate lower below $10,000. Bitcoin is trading in a bearish zone below the $10,800 and $10,500 support levels. дальше »

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Ethereum Is In Steep Downtrend And Technicals Suggest Crucial Breakout Pattern

Ethereum is down over $150 from the $490 swing high against the US Dollar. ETH price could continue to move down if it breaks the key $300 support zone. ETH price is back in a bearish zone below the $400 and $350 support levels against the US Dollar. It traded to a new multi-week low […] дальше »

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As Warren Buffett Ditches The Dollar, Max Keiser Believes Bitcoin Could Crack New Record High Soon

The bitcoin price has started the new week trading higher and is presently hovering at around $1.9k, up 0.48%. After the recent drop below $11,400 and subsequent quick recovery following news of FED’s new plan to increase inflation, it is clear that the bulls are determined to push the prices higher. Just ask the host […] дальше »

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Here’s The Reason Bitcoin May Not Break $20K Record For Another Year

Bitcoin breaking through $10,000 immediately brought with it the return of talk of new all-time highs. But the longer the cryptocurrency stays this far below the stock-to-flow model, the more likely lengthening market cycles become more plausible. дальше »

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Bitcoin Is Just 17% Away From Setting a New Monthly All-Time High

Bitcoin has been on a strong rally over recent weeks, rising as high as $12,500. Even still, BTC remains far below the $20,000 all-time high it set at the end of 2017. The cryptocurrency is only 17% away, though, from setting a new monthly candle high. дальше »

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Tezos (XTZ) Fails to Sustain New All-Time High Levels

The Tezos (XTZ) price reached a new all-time high after breaking out over the previous high two weeks ago. XTZ was unable to sustain the higher prices and has fallen back below its previous resistance. дальше »

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Bitcoin Crashes Below $12K as S&P 500 Hits New High – Coincidence?

Bitcoin for the better half of the day was doing great and sitting above higher support. Since climbing above $12K and as high as $12,200 early in the week, the top asset has been moving sideways. This crucial position offered an opportunity for bulls to pull away and top $12,500 and as high as $13K by […] дальше »

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Bitcoin Hashrate Hits Record High As BTC Price Sets New 2020 High Of $12,300

Bitcoin’s July rally had stalled just below the $12K psychological level which many people suggested was the only hurdle before the crypto took off. Yet, it appears that the bulls have awakened once again as BTC surges to a new 13-month high above $12,300. дальше »

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Tezos (XTZ) Taps New-All Time High but Struggles to Maintain

The Tezos (XTZ) price briefly reached a new all-time high on Aug 13 but has pulled back slightly. As long as it is able to maintain prices above the support levels that BeInCrypto will outline below, the upward move is expected to continue. дальше »

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Analyst: Bitcoin Just Posted the “Most Important Breakout” in BTC History

Bitcoin has been seeing some incredibly bullish price action throughout the past several days and weeks The cryptocurrency is now consolidating at just below $12,000 as its buyers attempt to catalyze another leg higher Despite facing resistance at this level, the crypto has yet to see any type of harsh breakdown here One recent technical development is creating a new source of bullishness amongst traders The cryptocurrency just broke out of a multi-year bull pennant, […] дальше »

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Ethereum Could Soon Set “New Highs” as $400 Resistance Weakens: Analyst

Ethereum has bounced back quickly after last weekend’s 26% crash from its highs. As of the time of this article’s writing, the leading cryptocurrency has a price of $399 — just 4% below the year-to-date high. дальше »

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Bitcoin Analyst Warns of “Insane Shakeout” as Price Breaks Below $9.6K

Bitcoin rallied above $9,600 during the afternoon hours of the New York session Thursday. But it corrected lower on profit-taking sentiment among daytraders. Market analyst Ryan Scott warned that Bitcoin could undergo an “insane shakeout wick. дальше »

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South Korea to Charge 20% Tax on Bitcoin Profits Under New Law

South Korea will now tax profits made from buying and selling of cryptocurrency at 20% after the government agreed to the decision on Wednesday. The decision was reached after months of debate. According to a taxation policy amendment notice released July 22, the Ministry of Economy and Finance said income from digital assets below 2. дальше »

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Fed Nominee Judy Shelton is Pro-Crypto & Could Push Bitcoin Past $10,000

Yesterday, after a long time, Bitcoin finally made some moves at a time when everything from stocks, gold, and silver is surging to new highs. However, we are still stuck below $9,500, and $10,000 is still not a reality. дальше »

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As Silver Smashes 6-Year High, Peter Schiff Calls It The “New Bitcoin”

While bitcoin is yet to fully break out and is trading circa 50% below its all-time high of $20,000, silver has rocketed to a record high. Euro Pacific chief Peter Schiff who has always drawn comparisons between bitcoin and his beloved yellow metal, gold, took to Twitter today to mock the top crypto over its […] дальше »

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Top Three Under $10 Coins Emerging as Top Assets In The Crypto Market

Bitcoin, Ethereum, Bitcoin Cash among others have set a high investment standard with high prices which have rewarded early adopters with new enthusiasts failing to catch up. However, there are a number of altcoins with equal potentials of becoming the industry top assets and still currently below $10. дальше »

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How Can You Not Be Bullish on Bitcoin? Analyst Asks Due to New Data

Despite positive fundamental trends, not all involved in the cryptocurrency industry are bullish on Bitcoin. Take the example of Peter Schiff, the CEO of Euro Pacific Capital, who recently said that BTC is likely to fall below $9,000. дальше »

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Cryptocurrency News Roundup for July 10, 2020

All of the gains from Bitcoin’s surge to $9,475 in the first half of the week washed away on Friday after the BTC/USD pair dipped below $9,150. This was essentially a failed breakout attempt, which could signal a powerful new bearish trend. дальше »

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Stellar (XLM) Breaks One Year Downtrend As Bulls Target New Resistance Levels

Stellar (XLM) has broken past a one-year downtrend to trade slightly below 1000 Sats against Bitcoin. The 24hrs pressure from the bulls was a major driving factor to the point. In a period of 24hrs, slight gains piled up to reach 21% and the bulls strengthened pressure with strong price rejection which followed in the […] дальше »

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Dogecoin 140% Joke Rally Goes Serious with Perpetual Contract Launch

Dogecoin surged by circa 140 percent this week as a new TikTok challenge urged users to pump it to $1. The meme cryptocurrency is still trading about 1,800 percent below its viral price target. Meanwhile, Malta-based Binance announced today that it would launch DOGE/USDT Perpetual Contract with up to 50x leverage. It was all a […] дальше »

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Ethereum Entering “New Bull Phase” as Technical Structure Shapes Up

Ethereum is currently on the cusp of breaking back into its long-established trading range between $230 and $250. A recent influx of selling pressure experienced by the cryptocurrency forced its price to break below the lower boundary of this trading range for an extended period of time, with ETH even testing its crucial support at […] дальше »

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Bitcoin Flirts With Key Resistance: Here’s Why 100 SMA Could Spark New Rally

Bitcoin is consolidating above the $9,100 level against the US Dollar. BTC could start a strong increase towards $9,500 as long as it is above the 100 hourly SMA. Bitcoin is currently trading in a contracting range below the $9,300 resistance. дальше »

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The Crypto Market’s Most Accurate Tool Says New Bitcoin Uptrend Is Here

The crypto market is at a pivotal moment. A new uptrend in Bitcoin was starting prior to the Black Thursday selloff, and now prices are consolidating below a critical level. A breakout all but guarantees a new bull market for cryptocurrencies. дальше »

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