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Analysts Expect Chainlink to See Accumulation Before Rocketing Higher
Chainlink’s price action has been rather lackluster as of late, with Bitcoin’s indecisiveness not providing altcoins with much momentum. LINK has been caught within a bout of sideways trading throughout the past few days, with buyers and sellers largely reaching an impasse as the crypto ranges between $10. дальше »
2020-10-15 02:00 | |
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Bitcoin Will Move Like a “Bulldozer” Once It Gains Momentum, Claims Analyst
Bitcoin’s price appears to have entered yet another consolidation phase as it trades between $11,400 and $11,600 Its present lack of momentum comes close on the heels of the strong move higher that it posted last week The resistance above its current price level is quite intense, and this may mark an attempt from bulls to garner greater buy-side support Where the market trends in the mid-term will likely depend largely on whether Bitcoin’s consolidation […] дальше »
2020-10-15 21:00 | |
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Bitcoin’s “Crucial” Weekly Close Nears as BTC Hovers Above Key Level
Bitcoin’s price is largely stagnant in the time following its strong move up to $11,400 This consolidation is bullish because it shows that bulls have enough strength to remain in control of BTC’s near-term trend The key resistance to watch in the near-term sits at $11,600. дальше »
2020-10-12 01:00 | |
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These 11 Companies Own 3% of the Bitcoin Supply; Is a Liquidity Crisis Brewing?
Bitcoin’s price has been rallying higher throughout the past few days, with this newfound momentum largely stemming from the hype surrounding Square’s recent decision to purchase $50 million worth of BTC. дальше »
2020-10-11 01:00 | |
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BitMEX OI is Trending Higher as Traders Flip Short on Bitcoin; Why This is Bullish
It has been a wild week for the crypto markets, with investors having to digest a plethora of news developments that largely favored Bitcoin bears. That being said, the market surprisingly didn’t react too negatively to any of these developments, which seems to be a sign of growing maturity. One of the main developments this […] дальше »
2020-10-4 23:00 | |
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Bitcoin Shows Remarkable Strength Despite Growing List of Bearish Events
Bitcoin’s price saw a decent recovery following the BitMEX imbroglio yesterday, but the cryptocurrency’s reverted most of these gains overnight due to news of President Trump contracting the lethal virus This news sent shockwaves throughout the traditional markets as well, and appears to be having a trickledown effect on BTC as well as altcoins Where the aggregated crypto market trends in the days, weeks, and months ahead will likely depend largely on the global markets […] дальше »
2020-10-3 21:00 | |
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Here’s Why Ethereum Might Plunge to $340 Before Ending Its Bear Trend
Ethereum’s price action has largely been in sync with that of Bitcoin and the entire crypto market Bulls and bears have both attempted to control its mid-term trend, but this has just resulted in a prolonged bout of sideways trading One analyst believes that the market might see some slightly further selling pressure in the near-term, which could slow its ascent and cause it to reel lower He is specifically setting his sights on a […] дальше »
2020-10-2 23:00 | |
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Bitcoin’s Strong Monthly Close Indicates October Will be a Green Month
Bitcoin’s recent bout of consolidation is still ongoing, but bulls appear to be in the process of attempting to break this trend The cryptocurrency is currently pushing towards its $11,000 resistance, which is a positive sign that indicates a test of this level may be imminent That being said, where it trends in the days and weeks ahead may depend largely on whether or not it can continue holding above some key levels One analyst […] дальше »
2020-10-2 21:00 | |
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Bitcoin Just Printed a Monthly Close Above a Pivotal Support Level
It’s been quite the boring past four weeks for the Bitcoin market. The cryptocurrency, after suffering a strong plunge at the start of the month, was largely rangebound between $10,000 and $11,000 over September. дальше »
2020-10-1 13:00 | |
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Four Lies About The Bitcoin Circular Economy
As savings technology is still the largely dominant story for Bitcoin, it’s helpful to take a closer look at a few lies about a topic that’s growing in popularity: the Bitcoin circular economy. The post Four Lies About The Bitcoin Circular Economy appeared first on Bitcoin Magazine. дальше »
2020-10-1 23:38 | |
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These 5 Simple Factors Suggest Ethereum’s Rally is “Running on Fumes”
Ethereum has been largely consolidating throughout the past week as Bitcoin continues lacking decisive directionality The crypto has been subjected to some increased selling pressure throughout the past couple of hours, which led its price down to lows of $350 earlier today Analysts do believe that the token could be “running on fumes” at the present moment, suggesting that it may not be able to rally any further Five factors are may be contributing to […] дальше »
2020-9-30 23:00 | |
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Bitcoin Could See an Accelerated Decline to $9,500 if It Breaks One Key Level
Bitcoin’s price has been largely stagnant over the past couple of days, with its recent uptrend stopping short of leading the cryptocurrency up to highs of $11,000 BTC has been able to maintain the bulk of its recent gains despite the selloff seen yesterday afternoon This selloff caused it to wick as low as $10,500 on some exchanges, but the decline was fleeting and followed by a strong rebound Although Bitcoin has been consolidating ever […] дальше »
2020-9-30 21:00 | |
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Bitcoin is on Shaky Ground as Analysts Target Move to Lower Lows
Bitcoin’s price action has been flashing warning signs to investors throughout the past few days, with buyers and sellers largely reaching an impasse as the cryptocurrency struggles to garner any clear momentum. дальше »
2020-9-30 19:00 | |
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Top On-Chain Analyst: Bitcoin Is Primed to Decouple From Legacy Markets
Ever since February, Bitcoin’s price action has been largely dependent on that of legacy markets. Markets like the S&P 500, the U. S. dollar, and gold have strongly swung the directionality of BTC and the rest of the cryptocurrency market. дальше »
2020-9-27 10:00 | |
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XRP Enters Key Accumulation Zone as Analysts Eye Move to $0.28
XRP’s price action has been rather lackluster as of late, with both buyers and sellers being unable to garner clear control over its near-term trend as it hovers within the mid-$0.20 region. This consolidation has largely come about as a result of that seen by Bitcoin, as the benchmark cryptocurrency has also been struggling to […] дальше »
2020-9-27 02:00 | |
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Analyst: Bitcoin is Likely to Slowly Bleed Towards $8,550 Before Rebounding
It has once again been a turbulent overnight trading session for Bitcoin The benchmark cryptocurrency plunged as low as $10,200 yesterday afternoon before bulls stepped up and slowed its descent The rebound from these lows led it to kick off a slight uptrend that has reversed the majority of yesterday’s losses Analysts are now noting that its near-term trend may depend largely a few key factors It is important to note that the majority of […] дальше »
2020-9-25 21:00 | |
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Analysts Expect Bitcoin to Dip to Key “Liquidity Clusters” Before Rallying
Bitcoin has been facing some mixed price action as of late, with buyers and sellers both engaged in a heated battle for control of its near-term outlook Despite attempting to break below its last-ditch support between $9,900 and $10,000, BTC is now pushing back towards its key $11,000 resistance region Where the cryptocurrency trends next may depend largely on its reaction to this level One trader believes that Bitcoin may first take out a “liquidity […] дальше »
2020-9-18 02:00 | |
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Demand for Ethereum Boosts Market Structure; Will This Propel ETH Higher?
Although Bitcoin’s reaction to $11,000 sparked a slightly harsh rejection, Ethereum’s price has remained rather stable around its $380 resistance level This resistance has held strong on multiple occasions throughout the past few days and weeks, with rejections here catalyzing some of ETH’s largest declines The importance of this level cannot be understated, but whether or not it is broken may depend largely on Bitcoin’s continued reaction to $11,000 Analysts are noting that ETH does […] дальше »
2020-9-18 23:00 | |
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Bitcoin May Soon Push Higher After Taking Out Key Liquidity Levels
Bitcoin has witnessed some slight instability throughout the past few hours, with sellers rejecting BTC above its key resistance level at $10,500 The decline from its highs shows that this price remains a strong region of selling pressure The likelihood of BTC seeing further downside in the near-term is now significantly higher than what it was previously Some analysts are noting that where it trends next will depend largely on its reaction to a few […] дальше »
2020-9-13 19:00 | |
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Bitcoin Investors Return to Lower Risk Spot Exchanges While CME’s Monthly Volume Shoots Up 55%: CryptoCompare Report
In the month of August, where bitcoin’s price largely traded in the range of $11,000 to $12,000 turned out to be a good one overall, with the volume soaring on both spot and derivatives platforms. дальше »
2020-9-9 12:54 | |
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Chainlink is “Replicating” Its Previous Bullish Cycle, But It May Still Plunge Lower
Chainlink, like many major altcoins, has witnessed incredibly mixed price action in recent weeks. The cryptocurrency’s general trend has been largely dependent on that of Bitcoin, as the benchmark digital asset has been firmly guiding the entire market throughout the past few days and weeks. дальше »
2020-9-9 00:00 | |
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Here’s How Low One Analyst Expects Bitcoin to Plunge in the Mid-Term
It has been a rocky past few days for Bitcoin, as the benchmark cryptocurrency dropped as low as $11,100 following yesterday’s surge to highs of $12,200 This weakness came about in the form of a slow descent down to $11,700, which is the point at which it incurred a massive inflow of selling pressure Bulls were able to defend its $11,100 support, and where it trends next may depend largely on whether or not it […] дальше »
2020-9-3 02:00 | |
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Bitcoin Just Broke a Multi-Week Descending Triangle; Analysts Target $15k
Bitcoin is beginning to show some intense signs of strength after a prolonged period of consolidation within the mid-to-upper $11,000 region This latest push higher has not done a ton to invalidate the weakness that the cryptocurrency was previously experiencing, as it has yet to push BTC past its key $12,000 resistance level Analysts are noting that where it trends next may depend largely on whether or not buyers can shatter the selling pressure that […] дальше »
2020-9-2 21:00 | |
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It’s the “Moment of Truth” for Bitcoin as it Trades at a Crucial Level
Bitcoin has found some stability within the mid-$11,000 region following its recent dip towards $11,100 The cryptocurrency is now consolidating as it struggles to maintain its momentum, with bulls and bears largely reaching an impasse as it hovers at $11,500 Analysts are now noting that the benchmark cryptocurrency could be well-positioned to see significant near-term upside if bulls can defend a crucial technical level A failure for it to bounce here, however, could cause it […] дальше »
2020-8-29 19:16 | |
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Exchange Sees Record Growth with Expansion for Rapid Crypto Adoption
Cryptocurrency platform Luno is now expanding into Australia. The region where bitcoin trading reached a record in February, to $74,000 up from $44,000 in January, still remains largely untapped. дальше »
2020-8-28 18:18 | |
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Bitcoin (BTC) stock price corrects after a failed breakout
Bitcoin (BTC) price has been dragged lower to test weekly support near $11,000 after the buyers failed to close above the $12,000 handle last week. Fundamental analysis: A beginning of another bull market? The largest Bitcoin exchanges and crypto wallet apps such as Coinbase, Blockchain Wallet, Binance, BRD and others registered record-high combined downloads last month, largely thanks to the fact that many institutional investors turned to BTC in the midst of unparalleled coronavirus stimulus spending. дальше »
2020-8-28 13:42 | |
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Report: Bitcoin Untied from the Economic Cycle, ‘Largely Uncorrelated to Other Asset Classes’
On Tuesday, Coinshares Investment strategist James Butterfill published a report which shows that bitcoin is a unique asset, but is “largely uncorrelated to other asset classes” like commodities and traditional stocks. дальше »
2020-8-19 03:30 | |
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XRP Has “Officially Started” Its Next Bull Run After Breaking This Key Level
XRP is currently pushing higher alongside Bitcoin and the rest of the cryptocurrency market. The digital asset has been struggling to break above the resistance that exists between $0. 30 and $0. 33, but it now appears that bulls are vying to push it past this key region. дальше »
2020-8-18 00:00 | |
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Here’s the Larger Trend that Will Continue to Persist in the Markets
Yesterday, the bitcoin price dropped by 6.6% as it went down to $11,150. Today, the prices went down even further only to make it back to $11,500. Denis Vinokourov of Beqaunt said, “The unwind of bullish positioning was clearly evidenced in the options skew, however, the correction was largely limited to the front-end of the […] дальше »
2020-8-13 19:16 | |
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Monero, Ethereum Classic, Tezos Price Analysis: 07 August
Bitcoin's recent attempts at consolidating its position above the $10,000 have been largely successful, with the effects of the same being felt by the rest of the altcoin market. While the likes of TeThe post Monero, Ethereum Classic, Tezos Price Analysis: 07 August appeared first on AMBCrypto. дальше »
2020-8-8 23:00 | |
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Square Bitcoin Business Grows Sixfold Year-on-Year Basis
Coinspeaker Square Bitcoin Business Grows Sixfold Year-on-Year BasisWith crypto adoption likely to be the major fuel in the anticipated rally, Square may largely benefit if it offers cutting-edge services in comparison to its competitors. дальше »
2020-8-5 20:11 | |
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A Visit to This Crucial Support Region Could Start Bitcoin’s Next “Moon Mission”
Bitcoin has faced some turbulence throughout the past couple of days. Following the benchmark cryptocurrency’s firm rejection at $12,000 this past weekend, it has largely been consolidating within the lower-$11,000 region. дальше »
2020-8-4 19:00 | |
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Analyst Who Predicted Bitcoin’s V-Shaped Reversal Expects Rally to $17k
Analysts are wondering what comes next for the Bitcoin market as volatility has continued to tighten to multi-year lows. Traders are divided, with BTC’s futures markets having largely neutral funding rates. дальше »
2020-7-26 10:00 | |
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Bitcoin Open Interest Sets Fresh Highs as Analysts Watch for Fireworks
Bitcoin is currently pushing higher as it begins recapturing its share over the aggregated crypto market Its current strength may not be enough to surmount the heavy selling that exists at its high time frame resistance at $9,500 This is the first notable movement BTC has posted in weeks, although its previous surges to this region have proven to be fleeting Where the crypto trends in the months ahead may depend largely on whether buyers […] дальше »
2020-7-22 02:00 | |
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Ethereum is Coiling Up for a Big Move; Why Analysts Expect Downside
Ethereum, much like Bitcoin, has been caught within the throes of an intense bout of sideways trading This has caused the cryptocurrency to largely hover around the lower boundary of its multi-month trading range, being unable to gain any clear and decisive trend in either direction Although many major digital assets have been able to kick off firm uptrends, ETH hasn’t been so lucky Analysts are now noting that Ethereum may be well-positioned to see […] дальше »
2020-7-20 22:00 | |
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Ethereum‘s Record High Correlation With Bitcoin Could Lead to Major Losses
Ethereum has formed a record-high correlation with Bitcoin over the past couple of weeks This comes as ETH’s movements start aligning with those seen by BTC in a way that hasn’t been seen before If this correlation persists, the cryptocurrency’s next trend could largely depend on that of BTC That being said, this could suggest that Ethereum is poised to see some notable near-term losses, as analysts widely believe Bitcoin is positioned to see some major downside […] дальше »
2020-7-19 22:00 | |
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Bitcoin Investors Unfazed By Great Twitter Hack, as Volatility Remains Stable
Bitcoin traders seem unfazed by the massive Twitter hack on Wednesday, as the price of the top cryptocurrency has largely remained steady. Prominent U. S. figures including billionaires Bill Gates, Elon Musk, and Jeff Bezos were targeted by hackers in an apparent Twitter bitcoin (BTC) scam. дальше »
2020-7-17 04:01 | |
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Bitcoin Price Unaffected as Scammers Hack Twitter Accounts of High-profile Individuals and Companies
Coinspeaker Bitcoin Price Unaffected as Scammers Hack Twitter Accounts of High-profile Individuals and CompaniesRegardless of the recent Bitcoin scam carried out through a Twitter hack, BTC price remained largely unaffected, only dropping about 1%. дальше »
2020-7-17 17:24 | |
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Bitcoin Poised To Embark On A New Bull-Market Cycle Amid Lackluster Market Environment
The first quarter of 2020 for Bitcoin was as promising as it was unencouraging. Although the former was largely the mantra as regards forecasts, and while most predictions have been withdrawn or amended, the third quarter of the year is expected to present more favorable conditions for the Bitcoin market. While the first two months […] дальше »
2020-7-11 10:16 | |
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Bitcoin: $1,000 drop is on the cards before bull run begins
Bitcoin's funding rate has largely been negative for more than 3 months while the price barely moved. This shows that not only is the volatility low but buyers are being evened-out by sellers. BitcoiThe post Bitcoin: $1,000 drop is on the cards before bull run begins appeared first on AMBCrypto. дальше »
2020-7-6 14:00 | |
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Litecoin short-term price analysis: 05 July
For an altcoin market largely tethered to Bitcoin, the stability of the latter is not proving helpful. Since early May, even before the 2020 halving, the king coin's price has been stuck around the $9The post Litecoin short-term price analysis: 05 July appeared first on AMBCrypto. дальше »
2020-7-6 23:00 | |
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Here’s the “Do or Die” Price That Will Determine Ethereum’s Macro Trend
Ethereum has remained stuck beneath its crucial near-term resistance level at $230 The crypto has been ranging sideways alongside Bitcoin and many of its peers, but it has been unable to remain within its long-held trading range The break below this range appears to be a grim sign for the crypto Where it trends next could largely depend on how it reacts to a crucial level that it is trading 10% above Holding above this […] дальше »
2020-7-4 23:00 | |
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Fund strategists: The internet’s craziest traders will bring volatility back to Bitcoin
Bitcoin, and the cryptocurrency market, has largely traded in a tight price band since an initial rise in early-2020. Fund managers have taken note and are actively considering BTC as a hedge against global markets. дальше »
2020-7-3 01:39 | |
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Crucial Factors to Consider Before Bitcoin Closes Its Monthly Candle
June has been a rather uninteresting month for Bitcoin. The cryptocurrency largely ranged between $9,000 and $10,000, with each break above or below this range being fleeting. One interesting trend seen throughout the past four weeks has been BTC’s propensity to set lower highs, as it has been slowly grinding down to the lower end […] дальше »
2020-7-1 00:00 | |
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Bitcoin: Is It a Hedge, Equity, Currency, or Merely Speculative Asset?
Bitcoin has notoriously straddled traditional asset classes. Beginning as a digital currency intended for all sorts of transactions, it has morphed into a host of possible asset types. The debate over its nature has largely centered around this variance. дальше »
2020-6-25 16:45 | |
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A Fund Manager Just Bashed XRP, Bitcoin Cash, and Other Altcoins
Save for a few blips, XRP, Litecoin, Bitcoin Cash, and others have been part of the top 10 cryptocurrencies for years. Since the crash of 2018, the altcoins at the top of the pack have largely been unquestioned. дальше »
2020-6-23 15:00 | |
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Bitcoin-friendly Singapore wants to team up with China for “Digital Yuan,” here’s why
East Asian nations are forging ahead with their digital currency and blockchain plans, with most being largely lenient towards large-cap digital assets like Bitcoin. The post Bitcoin-friendly Singapore wants to team up with China for “Digital Yuan,” here’s why appeared first on CryptoSlate. дальше »
2020-6-23 23:00 | |
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An Analyst Thinks Ethereum Visits $300 But Not Everyone Is Convinced
While analysts are indecisive on what comes next for Bitcoin, there’s been a growing sentiment that Ethereum is poised to erupt higher. This is largely due to growth in decentralized finance, which some say will be a catalyst for ETH’s growth. дальше »
2020-6-22 13:00 | |
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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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