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Current Bitcoin Price Action Closely Follows Textbook Distribution Pattern
Bitcoin bulls are currently attempting to turn weekly resistance at $11,500 into support. However, failure may be likely according to an ominous pattern the cryptocurrency is painting. Recent price action in the first-ever cryptocurrency closely mimics that of a Wyckoff distribution model. дальше »
2020-8-30 22:00 | |
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Analyst: Ethereum Likely to Plunge Towards $320 After Tapping This Key Level
Ethereum has been closely tracking Bitcoin’s price action throughout the past few weeks, although it has been able to outperform the crypto in recent days The cryptocurrency is currently trading up significantly from recent lows of $379 that were set during its recent selloff While BTC remains below its pre-selloff highs, Ethereum has been able to surge past them Despite this strength, analysts are still noting that the crypto may plunge into the lower-to-mid $300 […] дальше »
2020-8-30 22:00 | |
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FBI Prevents Ransomware Attack At Tesla’s Gigafactory; Hacker Sought $4M Bitcoin Payment
US-based electric carmaker Tesla working closely with the Federal Bureau of Investigations (FBI) has thwarted a planned ransomware attack that involved millions worth of Bitcoin payments. According to a complaint that was filed by the FBI, the attackers were targeting Tesla’s Gigafactory situated in Nevada. дальше »
2020-8-29 23:51 | |
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Bitcoin Rebounds to $11.5K Following Fed’s Historic Changes to Monetary Policy Strategy
The market — crypto or otherwise — closely watched and waited as the Federal Reserve chairman Jerome Powell finally delivered his speech about inflation and the measures the department would take in the coming months and years. дальше »
2020-8-28 19:18 | |
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Hash Watch: Bitcoin Cash Miners Begin Signaling Node Implementations
There’s 88 days left until the Bitcoin Cash upgrade scheduled for November 15, 2020, and the community has been watching miners closely. On August 18, the Bitcoin ABC team published a blog post that revealed a “feature freeze is now in place,” as it contains a new coinbase rule. дальше »
2020-8-20 04:30 | |
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The US Dollar is “Ready to Break Down” – How This May Impact Bitcoin
As Bitcoin continues establishing its position as a major asset on the global stage, its correlation to other markets has been shifting. Although it was strikingly correlated to the stock market in late-February and early-March, its price action has since broken this, now becoming more closely tied to gold and other precious metals. An interesting […] дальше »
2020-8-15 05:00 | |
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Ethereum is at Risk of Losing a Crucial Level Following Yesterday’s Selloff
Ethereum has been closely tracking Bitcoin’s price action in recent weeks, which caused it to see some intense bearishness yesterday The cryptocurrency’s price dove as low as $367 once the selling pressure began peaking From this point, it saw a strong rebound that allowed it to recapture that vast majority of these losses It now appears to be well-positioned to see slightly further near-term upside One analyst believes that this latest dip did put ETH […] дальше »
2020-8-13 23:00 | |
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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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Analyst: Bitcoin May “Teleport” to $13,000 if It Breaks Key Level
Bitcoin is currently caught in an unwavering consolidation phase within the upper-$11,000 region This is where the cryptocurrency has been trading throughout the past several days Unless buyers step up and shatter the resistance that sits around $12,000, the crypto could be poised to see notable losses One analyst is now noting that he is closely watching the price region between $11,800 and $12,000, as a firm close above this level could lead BTC to […] дальше »
2020-8-8 02:00 | |
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Why Analysts are Bullish on Bitcoin Despite Close Beneath Key $11,700 Level
Bitcoin has been flashing some mixed signs to investors as of late Despite seeing intense bullishness throughout the past week as it rallied from the lower-$10,000 region to highs of $12,000, analysts still remain cautious regarding where it may trend next Their present lack of bullishness is rooted in the cryptocurrency’s inability to close its weekly candle above $11,700 This is a historically important level that analysts were closely watching over the past couple of […] дальше »
2020-8-4 21:00 | |
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Bitcoin Following Closely in Silver’s Footsteps
On July 9, the silver price broke out from a long-term resistance area and has increased by 40% since. On July 27, the Bitcoin (BTC) price broke out from a similar long-term resistance area, increasing by 11% in a single day. дальше »
2020-7-31 09:28 | |
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This Technical Sequence Could Propel Bitcoin to Fresh All-Time Highs
Bitcoin is flashing signs of overt strength at the present moment as it trades above $9,500 This marks the first time in many weeks that the cryptocurrency has been able to post a sustained movement higher Analysts are now closely watching whether or not it can surmount the resistance laced within the upper-$9,000 region It is important to note that the selling pressure here is quite significant This region also coincides with some crucial technical […] дальше »
2020-7-25 02:00 | |
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Coinbase is “working closely” with VISA for Bitcoin, crypto adoption
One of America’s biggest crypto-exchange said Friday it was working “closely” with a global payments process on seamless digital asset transfers and adoption. The post Coinbase is “working closely” with VISA for Bitcoin, crypto adoption appeared first on CryptoSlate. дальше »
2020-7-25 23:30 | |
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Here’s How Low Bitcoin May Drop Before It Can Rally Even Higher
To the surprise of some investors, Bitcoin has been able to find some relative stability above $9,500 The cryptocurrency has now been trading above this level for over a day, and bears have not been able to catalyze any type of sharp selloff It now appears that BTC may need to see a pullback before it can push any higher, as buyers seem to be losing their momentum One analyst is closely watching one crucial […] дальше »
2020-7-25 21:00 | |
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Analysts expect Ethereum to see an explosive movement as options OI rockets
Ethereum’s price action over the past several weeks has grown closely tied to that of Bitcoin. The post Analysts expect Ethereum to see an explosive movement as options OI rockets appeared first on CryptoSlate. дальше »
2020-7-22 11:00 | |
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How The Stock Market’s Great Rotation Resembles Bitcoin and Altcoin Relationship
The S&P 500 just closed its strongest weekly performance against the Nasdaq Composite in the last four years in what analysts are calling a “Great Rotation. ” The trend of shuffling capital closely resembles what’s taking place across the crypto market with Bitcoin and altcoins. дальше »
2020-7-20 18:44 | |
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These 4 Factors Signal Bitcoin is Gearing Up for a Breakout Rally
The crypto market is heading into the weekend without any clear momentum, as the past week has been relatively quiet for Bitcoin Many altcoins are still maintaining their firm upwards momentum, although this appears to be slowing down as investors grow more concerned about where Bitcoin may trend next There are four factors that one analyst is closely observing that could provide BTC with better guidance in the near-term This comes as the cryptocurrency continues […] дальше »
2020-7-19 19:00 | |
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This Technical Pattern Could Send Ethereum to New Yearly Highs
Ethereum has been closely tracking Bitcoin’s price action throughout the past several days and weeks. This has made it exposed to some near-term downside, as BTC is currently sitting just a hair above the lower boundary of its long-held trading range between $9,000 and $10,000. дальше »
2020-7-18 00:00 | |
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Crypto.com, Hedera Hashgraph, Tezos Price Analysis: 13 July
The altcoin market has historically been closely linked with the performance of the Bitcoin market, thanks to the high correlation indices these alts share with the king coin. Off late, however, many The post Crypto. дальше »
2020-7-13 11:00 | |
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This New Economic Narrative Could Shift the Tides Into Bitcoin’s Favor
Bitcoin has been closely tracking the traditional markets in recent months, which is part of the reason why it has been caught within such a persistent trading range since the start of May. The equities market has been stable as of late, with its ongoing consolidation coming close on the heels of a historic rebound […] дальше »
2020-7-3 05:00 | |
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It’s “Do or Die” for Bitcoin After Being Rejected at a Crucial Technical Level
Bitcoin’s buyers attempted to spark a rally yesterday but were stopped short when it was rejected at $9,300 The crypto has since been trading directly beneath this level, struggling to garner any further buying pressure This resistance coincides closely with a critical technical level that buyers have been struggling to surmount It does appear that the crypto could be positioned to see further downside in the days ahead if buyers fail to break this resistance […] дальше »
2020-7-3 02:00 | |
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Here’s Why Bitcoin’s Next Big Move May Occur in the Next 2 Days
Bitcoin and the aggregated crypto market have once again extended their multi-week bout of sideways trading The benchmark digital asset has continued trading sideways in the lower-$9,000 region, with most altcoin’s closely tracking its price action This may not last for too much longer, however, as one trend seems to indicate that BTC is gearing up to make a large movement in the coming one or two days As for whether this movement will favor […] дальше »
2020-7-3 21:00 | |
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Bitcoin, IOTA, Algorand Price Analysis: 30 June
After noting a series of pullbacks over the past week after Bitcoin fell, many of the market's alts, again closely following the king coin's price movements, appeared to be consolidating, at the time The post Bitcoin, IOTA, Algorand Price Analysis: 30 June appeared first on AMBCrypto. дальше »
2020-6-30 15:30 | |
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XRP, ETC, Dogecoin price analysis: 28 June
For the crypto market, the price action of Bitcoin is extremely crucial. Most altcoins tend to follow Bitcoin's price movement rather closely. In the past 24-hours, Bitcoin's price dipped by over 2 peThe post XRP, ETC, Dogecoin price analysis: 28 June appeared first on AMBCrypto. дальше »
2020-6-28 13:00 | |
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Will Ethereum’s “New Market Cycle” be Enough to Stop it From Plunging Lower?
Ethereum has seen a distinct divergence between its fundamental utility and its price action Despite seeing unprecedented usage rates, the cryptocurrency’s price action has been closely correlated to that of Bitcoin and the aggregated crypto market One prominent investor is now noting that ETH appears to be entering a new market cycle This comes as the explosively popular DeFi trend continues gaining major traction From a technical perspective, some analysts do believe that it may […] дальше »
2020-6-22 22:00 | |
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If History Rhymes, Ethereum May Have Just Hit Its Mid-Term Peak
Ethereum has been closely tracking Bitcoin’s price action throughout the past several weeks and even months, struggling to garner any independent momentum This correlation has grown particularly clear over the past few weeks, as ETH is now trading within a firm consolidation channel alongside BTC and other altcoins It is important to note that one fractal pattern has emerged that appears to suggest Ethereum has formed a mid-term top If history repeats itself, the crypto […] дальше »
2020-6-18 23:00 | |
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Analysts Target a Sub-$200 Move for Ethereum Once it Taps This Crucial Level
Ethereum has been closely tracking Bitcoin’s price action throughout the past several weeks and months The cryptocurrency did recently form an incredibly bearish technical pattern that analysts are still closely watching There’s a strong possibility that the crypto could be positioned to see notable downside in the near-term due to this pattern One analyst is even targeting a movement down to the sub-$200 region This price action could be magnified by a recent surge in […] дальше »
2020-6-15 22:00 | |
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Ethereum on Unstable Ground Following Immense Overnight Turbulence
Ethereum has been closely tracking Bitcoin’s price over the past several weeks This caused it to see some intense overnight instability, with its price rising to highs of $246 overnight after crashing to lows of $235 One bear-favoring technical pattern that has been forming over the past few days could lead it significantly lower Analysts do believe that ETH 2. дальше »
2020-6-10 23:00 | |
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Ethereum Open Interest Rebounds as Analysts Eye an Explosive Upside Movement
Ethereum has seen some tempered gains overnight, recapturing its position within the $240 region as it shows some signs of technical strength. Today’s climb has largely been the result of that seen by Bitcoin, as ETH has been closely tracking the benchmark cryptocurrency’s price action over the past week. This has caused Ethereum’s open interest... дальше »
2020-6-9 02:00 | |
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Bitcoin Readies For $9,900 Test, Altcoins Trend Turns Bullish
Bitcoin adherents are closely watching the fast approaching $9,900 resistance. A break above this early in the week could mean a test of local highs by its end. A move to this level comes just after a retest of the $9,300 support at the end of the weekend. This was a positive sign that the […] дальше »
2020-6-8 15:41 | |
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Europe’s Top Law Enforcement Agency Investigating Bitcoin Mixer
Wasabi Wallet, the Bitcoin mixer, is being investigated by Europol for its alleged role in facilitating dark web transactions. Europol Watching Wasabi Wallet Closely Bitcoin’s days as a conduit for... The post Europe’s Top Law Enforcement Agency Investigating Bitcoin Mixer appeared first on Crypto Briefing. дальше »
2020-6-6 17:38 | |
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Bitcoin: Local regulations' impact on price 'short-lived'
As the crypto-space inches closer to achieving infrastructural development, the world has been looking at it closely. Even though regulators around the world have been skeptical about Bitcoin and otheThe post Bitcoin: Local regulations' impact on price 'short-lived' appeared first on AMBCrypto. дальше »
2020-6-2 17:00 | |
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Here are the Two Reasons Why Bitcoin Investors are Fleeing Exchanges
Bitcoin’s recent rally has closely coincided with a trend of investors fleeing exchanges It appears that the two primary factors behind this trend are degrading trust in centralized platforms coupled with more investors moving towards a long-term “hodling” strategy Either way, this trend does bolster Bitcoin from a fundamental perspective Bitcoin’s intense uptrend seen in the time following its mid-March meltdown has ushered in a significant influx of new capital to the market – a […] дальше »
2020-5-4 22:00 | |
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Bitcoin Surged Past $9,000, But the Technical Feat Hides a Shocking Twist
This morning, something very important came to pass: Bitcoin’s monthly candle for April finally closed. It was an occurrence closely watched by many crypto traders and investors. At first, many thought the close was decisively bullish; due to the stunning recovery that has transpired over the past few days, April saw Bitcoin entirely negate the losses sustained during March, with the candle closing around $8,700. дальше »
2020-5-1 15:00 | |
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Will Bitcoin Break out Above Its Long-Term Downward Trend Line?
On April 30, the Bitcoin (BTC) price created a bearish candlestick with a very long upper wick that closely resembles a shooting star. This is considered a bearish reversal pattern. The candle was created with more volume than the preceding bullish engulfing one. дальше »
2020-5-1 12:06 | |
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Ethereum Bulls in Serious Trouble as Fractal Forecasts Lower Lows
Ethereum saw a massive rejection from its overnight highs that led it to reel lower today, erasing part of the gains that were incurred during yesterday’s uptrend This has caused the crypto to flash signs of technical weakness, especially while looking towards its Bitcoin trading pair One analyst is also pointing to an extremely bearish XRP fractal pattern that ETH has been closely tracking as a potential reason why lower lows are imminent Ethereum incurred […] дальше »
2020-5-1 23:00 | |
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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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This Major Crypto is Poised for New Lows in 2020 as Macro Structure Degrades
2020 has been a particularly rough year for Litecoin, with the crypto closely tracking Bitcoin’s price action and trading right around where it started the year at. Although LTC has been able to avoid declining over a year-to-date period, it has severely underperformed Bitcoin in the time following its capitulatory decline from its mid-February highs.... дальше »
2020-4-21 00:00 | |
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Bitcoin Sees Rocketing New User Inflow: Will Looming Economic Crisis Spur Adoption?
Crypto traders have been closely watching the rapidly developing Coronvirus pandemic’s impacts on the global economy, as Bitcoin’s recent status as a risk-on asset has made it particularly prone to seeing volatility similar to that seen by the traditional markets. дальше »
2020-4-16 02:00 | |
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Crypto Market is Flashing Serious Signs of Weakness as “Altseason” Hopes Fade
The crypto market has been caught within a state of purgatory for the past several days, with most major altcoins consolidating as investors closely watch to see how Bitcoin will respond to the key support and resistance it is currently trading between. дальше »
2020-4-16 22:30 | |
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Bitcoin's volatile days are taking a break till the halving?
April 12, is a pivotal day for the Bitcoin market. If you look closely at the calendar, it marks one month since the biggest price plummet of the cryptocurrency in the past seven years, and marks one The post Bitcoin's volatile days are taking a break till the halving? appeared first on AMBCrypto. дальше »
2020-4-12 19:00 | |
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QTUM, NEM, Tron Price: Altcoins may be reverting back to 2020 lows
Bitcoin's dominance in the cryptocurrency space stood at 65.3%, at press time, despite a major fall in the price of the king coin. As the alpha of the market, Bitcoin's price movement was closely follThe post QTUM, NEM, Tron Price: Altcoins may be reverting back to 2020 lows appeared first on AMBCrypto. дальше »
2020-3-29 01:30 | |
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Here’s why the U.S. unemployment rate may be a big deal for the crypto market
The U. S. stock market has incurred some notable upwards momentum today, marking an extension of that which was first incurred yesterday. This has allowed Bitcoin to also post some notable gains, with the nascent crypto market continuing to closely track equities. дальше »
2020-3-26 11:09 | |
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Ethereum on the Cusp of Capitulation as Top Traders Eye a Move to Key Support
Ethereum has been closely tracking Bitcoin’s price action over the past day, which has led it to once again enter a consolidatory phase within the mid-$130 region. This bout of sideways trading closely follows the crypto’s recent rally that sent it surging towards its key resistance at $140. дальше »
2020-3-26 01:00 | |
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Ethereum Sees Dire Technical Breakdown as the Bear Case Builds
Ethereum (ETH) has been closely tracking Bitcoin over the past week, which has exposed it to significant downwards pressure that has erased nearly all of the massive upside it incurred throughout the early part of this month. дальше »
2020-3-1 23:00 | |
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