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Bitcoin Difficulty Sets New Record as Miners Enter Bullish Phase
The massive financial overlay undertaken by major Bitcoin (BTC) miners is beginning to yield some significant results with mining difficulty reaching a new all-time high (ATH). The immediate post-halving period did see smaller operations exiting the market with participants moving towards more sophisticated hardware. дальше »
2020-8-25 01:07 | |
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Why Bitcoin May Need to Test $11,000 Before Climbing Higher
Bitcoin is starting to gain some slight momentum as the cryptocurrency’s price climbs up towards $11,800 This marks a notable surge from recent lows of $11,400 that were set just a few days ago, and it does appear that the crypto is poised to see further upside One factor boosting BTC’s outlook is Ethereum’s intense swing up to highs of $410 In the past, Ethereum has front-run movement seen by Bitcoin and the rest of […] дальше »
2020-8-25 21:00 | |
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Here’s Why the Bitcoin Bull Trend Hasn’t Found a Macro Top At $12,500
Bitcoin reached a peak of $12,500 last week as buyers rushed in. As fast as BTC spiked, it reversed, dropping as low as $11,400 towards the end of last week. Bitcoin has since recovered as it now trades at $11,650. дальше »
2020-8-24 01:00 | |
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This Fractal Suggests Bitcoin Will Fall Towards $11,000 Before a Next Leg Higher
Bitcoin has managed to stave off a further decline after bouncing off $11,600 on Wednesday. As of this article’s writing, the leading cryptocurrency trades for $11,850. BTC is recovering as the U. дальше »
2020-8-21 04:00 | |
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OMG Has More Left in the Tank After Tripling in Value
The OmiseGo (OMG) price has tripled in value during August. The trend has yet to show any weakness, so the price could increase towards the resistance levels outlined in the article. The movement is similar for both the USD and BTC pairs. дальше »
2020-8-20 20:00 | |
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Here’s Why Bitcoin May Soon See a Sharp “Downside Flush” Despite Stability
Bitcoin has found some strong stability within the lower-$12,000 region following yesterday’s upswing Analysts are widely confident that it is currently caught within the early stages of its next bull run, which may ultimately lead it up towards its all-time highs Despite getting closer to these highs each week, there may still be some turbulence ahead for the cryptocurrency One analyst is noting that high funding rates for BTC on margin trading platform spell trouble […] дальше »
2020-8-19 21:00 | |
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Here’s How High One Trader Expects Bitcoin to Climb Before Forming a Top
Bitcoin faced yet another $12,000 rejection yesterday that caused the cryptocurrency’s price to reel down towards $11,700 This level appears to have been established as support, as buyers ardently defended against any break below it It now appears that the crypto’s short-term technical outlook remains unchanged, as BTC is still consolidating within the upper-$11,000 region As for where it may go next, one analyst explained that he is looking towards $13,000 as a near-term target […] дальше »
2020-8-17 19:00 | |
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These 4 Factors Show Why It’s Hard to Be Bearish on Bitcoin Right Now
There remain some Bitcoin bears despite the ongoing push higher. One trader said that due to BTC’s failed attempts to break past $12,000, the cryptocurrency could move towards the $8,000s or $9,000s. дальше »
2020-8-16 02:59 | |
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Daily Chart Suggests Bitcoin At Risk of Extended Correction To $10,500
Bitcoin struggled to clear the $12,000 resistance zone and corrected lower against the US Dollar. BTC’s daily chart suggests the price could extend its decline towards the $10,500 support. Bitcoin topped near the $12,080 level and it is currently correcting gains. дальше »
2020-8-12 06:58 | |
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History Suggests Bitcoin Could Soon See a Rapid Rise to Fresh All-Time Highs
The entire cryptocurrency market – including Bitcoin – is currently witnessing some slight downwards pressure that has slowed BTC’s ascent The benchmark cryptocurrency is facing what appears to be insurmountable resistance at $12,000 Each attempt that bulls have made to break through this level has resulted in firm rejections that send its price reeling down towards the mid-$11,000 region Despite showing some signs of weakness, the cryptocurrency remains well-positioned to see further near-term upside – […] дальше »
2020-8-12 21:00 | |
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Bitcoin Trading Volume Sets New Highs Across Latin America
Bitcoin trading activity in South America is still on the rise with Argentina and Venezuela seeing new weekly volume records. With the coronavirus pandemic exacerbating the economic situations in different countries, people are moving increasingly towards hard money assets like Bitcoin (BTC) to preserve wealth or escape currency debasement. дальше »
2020-8-11 20:08 | |
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Two Macro Factors Could Halt Bitcoin’s Dream Run to $20,000
Bitcoin price should be heading towards $20,000, an all-time high, according to many leading analysts, but certain macro factors could halt its dreamy bull run ahead. This year, the BTC/USD exchange rate has surged to a yearly top above $12,000. дальше »
2020-8-11 09:50 | |
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Bitcoin’s Highest Weekly Close Since Jan 2018 Coincides with Falling Inflow to Exchanges
Yet another weekend that saw Bitcoin jumping the $12,000 level. After breaking the key level of $10,000, now the largest cryptocurrency is working on another important level. Over the weekend, BTC went down to $11,500 only to start gaining momentum towards the end of the day to start yet another bullish week. And #Bitcoin has […] дальше »
2020-8-10 15:59 | |
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Bitcoin Could Erupt Towards $13k as Market Structure Flips Bullish: Analysts
Bitcoin has begun to break out after flatlining around $11,500-11,700 for a number of days. Just hours ago, as reported by Bitcoinist, the cryptocurrency crossed the pivotal $12,000 level. While BTC has been slowing around that level, analysts are optimistic. дальше »
2020-8-10 13:00 | |
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Bitcoin Just Broke $12K To Start A Fresh Cycle of Strong Uptrend
Bitcoin is gaining momentum and it recently crossed $12,000 against the US Dollar. BTC is showing positive signs and it is likely to continue higher towards $12,400. Bitcoin is trading in a nice uptrend above the $11,800 and $12,000 levels. дальше »
2020-8-10 07:12 | |
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Bitcoin is Pushing Against a Crucial Level as Chances of an Explosive Rally Grow
Bitcoin and the entire crypto market saw a strong afternoon yesterday. This allowed BTC to push up towards $11,800 The cryptocurrency is now caught within what will likely be a short-term consolidation phase at just under $12,000 Whether or not it can surmount this crucial resistance today will help offer insights into its short-term outlook One analyst explained in a recent tweet that yesterday’s daily close does seem to indicate that a break above this […] дальше »
2020-8-7 21:00 | |
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Bitcoin Mania in Full Bloom as BTC Held on Exchanges Falls off a Cliff
Bitcoin’s price is moving back towards $12,000 as we make our way above $11,700 today. With a 3% move, $2. 4 billion worth of BTC exchanged hands in the past 24 hours to take bitcoin back to yesterday’s level. дальше »
2020-8-6 16:01 | |
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These Factors Suggest Bitcoin Could Hit $13,900 if Bulls Defend One Key Level
Bitcoin’s consolidation phase within the lower-$11,000 region has resulted in a powerful push up towards $12,000 Although the crypto has yet to re-test this level, it does seem as though a movement to this level could be imminent in the near-term Multiple analysts are now offering bullish outlooks on BTC in the near-term One such trader is noting that a move up towards $13,000 could be brewing in the days and weeks ahead There are […] дальше »
2020-8-6 02:00 | |
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Winklevoss Twins Predict Big Week For Bitcoin As Battle For $12k Reignites
After a few days of sideways trading, it seems that Bitcoin bulls have roused and are pushing BTC towards $12,000 again. The current price of Bitcoin is around $11,697 with positive momentum. On the daily chart, the first-ranked digital asset is not facing a lot of resistance until $12,123, but of course, the $12,000 psychological […] дальше »
2020-8-6 22:57 | |
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Bitcoin News Roundup for Aug. 5, 2020
With BTC pushing towards $12,000 and gold at record highs, CoinDesk's Markets Daily is back for your crypto news roundup! дальше »
2020-8-5 19:00 | |
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Analyst: Closing Above This Crucial Level Could Catapult Bitcoin to New Highs
Bitcoin appears to have entered a clear consolidation phase as it trades within the lower-$11,000 region Overnight the crypto faced a slight rejection after buyers tried to push it up towards its near-term resistance Buyers were not able to surmount the heavy selling pressure that existed within this region, and the crypto fell back to its support at $11,000 Analysts are now noting that BTC could be just a stone’s throw away from seeing an […] дальше »
2020-8-5 21:00 | |
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Ethereum‘s Breakout Rally Suggests Bitcoin is Poised to Explode Past $12,000
Ethereum and Bitcoin are both showing immense signs of strength today as they push towards their recently established key resistance levels ETH once again appears to be leading Bitcoin, as its large upwards price movements now tend to take place just before those seen by BTC This could prove to be incredibly positive for the benchmark cryptocurrency, as analysts believe it could help send it past $12,000 in the days ahead For this possibility to […] дальше »
2020-8-1 21:00 | |
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ETH’s Rise Is Justifiably Based On Great Performance Towards Early BTC Promises
Contrary to what many speculators may believe, Ethereum, and not BTC is the best performing asset class of 2020 in the crypto market. Data from Messari indicates that the average performance of ETH and other Ethereum-based assets has nearly reached 130% Year-to-date gain. дальше »
2020-7-31 11:46 | |
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Bitcoiners Are HODLing Hard As BTC’s ‘HODL Wave’ Hits All-Time High
With Bitcoin reaching $11,000 for the first time in almost a year, a lot of predictions are pointing towards a more bullish growth. This, despite data revealing extreme pressure at that price level. дальше »
2020-7-30 16:02 | |
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Bitcoin Falls After Failing To Create a Higher-High
On July 30, Bitcoin (BTC) seemingly began another rally but was stopped before reaching the previous high, creating a long upper-wick in the process. The price has broken down from a short-term ascending support line and looks to be heading towards the closest support areas. дальше »
2020-7-30 11:45 | |
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Bitcoin Showing Early Signs of Struggle: Can Bulls Save The Day?
Bitcoin is struggling to stay above the $11,200 resistance level against the US Dollar. BTC is currently correcting lower and it could continue to move down towards $10,700. Bitcoin is slowly moving lower after forming an intraday high near the $11,349 level. дальше »
2020-7-30 06:58 | |
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This Technical Pattern Suggests Bitcoin is Ready to Push Towards $14,000
Bitcoin has now entered a clear consolidation phase as its price hovers above $11,000 Bulls were able to maintain their strength overnight, pushing BTC towards $11,200 as bears lose their support BTC’s overt strength at the present moment suggests that it is well-positioned to see further near-term upside One analyst is also pointing to the emergence of a technical pattern as another reason why it may push higher He notes that this pattern could send […] дальше »
2020-7-30 21:00 | |
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Why Bitcoin May Be In For a Fall Towards $6,000
Bitcoin risks plunging back towards $6,000 purely based on a historical technical setup. The analogy appears after switching a BTC/USD chart from normal to a more precise logarithmic scale. It shows that the cryptocurrency has not precisely broken above its long-term descending trendline resistance. дальше »
2020-7-29 14:00 | |
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Ethereum Posted an Incredibly Bullish Weekly Close, But Will It Keep Running?
Ethereum’s price action has been front running that of Bitcoin over the past few days This has led some analysts to note that ETH’s strength is actually what catalyzed the ongoing uptrend seen by BTC The cryptocurrency is now showing even further signs of strength as it pushes towards $330 Multiple analysts are noting that the stars are aligning for the crypto and that multiple factors suggest further upside is imminent As for how high […] дальше »
2020-7-28 23:00 | |
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Bitcoin Bulls Aim Big After Recent Bullish Breakout At $9,650
Bitcoin is gaining bullish momentum above the $9,500 and $9,600 levels against the US Dollar. BTC is likely to continue higher towards $10,000 as long as it is above $9,500. Bitcoin is up over 3% and it surpassed the $9,650 resistance zone. дальше »
2020-7-26 06:58 | |
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Despite Bitcoin Surge Towards $10k, Analyst Thinks a Drop to $7k Is Possible
It’s been an impressive past few days for the Bitcoin market. The leading cryptocurrency started the week at around $9,200, but now BTC trades at $9,700 after managing to benefit from a rally in the price of Ethereum. дальше »
2020-7-26 23:00 | |
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Why Bitcoin’s Bullish Accumulation Pattern Could Still Result in a Move to $7k
Bitcoin and the aggregated cryptocurrency market are continuing to flash some signs of strength BTC is now pushing up towards $9,600, with its slow grind higher allowing it to surmount the slight resistance it faced around this price region This recent price action does appear to confirm the existence of a bullish accumulation pattern, which is a positive sign for its outlook One analyst is explaining that the crypto could still decline towards $7,000 despite […] дальше »
2020-7-26 19:00 | |
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Technicals Point Towards Bitcoin Surge To $10K Despite Some Roadblocks
Bitcoin extended its rise above the $9,600 resistance level against the US Dollar. BTC is currently correcting gains, but it is likely to continue higher as long as it is above $9,500. Bitcoin traded further higher above $9,600 and formed a new weekly high at $9,676. дальше »
2020-7-24 06:48 | |
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Bitcoin Is On the Verge of Falling Towards $8,500, Then $7,000: Analyst
Bitcoin is finally showing strength as the stock market and precious metals have surged higher. As of the time of this article’s writing, BTC changes hands for $9,500. BTC closed Wednesday’s trading session above a crucial level. дальше »
2020-7-23 15:07 | |
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Bitcoin Holding Above $9,300 Has Opened the Gates for a Rally to $10,000
For the first time in weeks, Bitcoin has been able to hold on to the gains that it captured as a result of yesterday’s upswing Previously, the cryptocurrency’s moves towards $9,400 have been followed by sharp retraces It appears that BTC is growing more bullish by the day, as it is now establishing $9,300 as a fresh base of support This has led one analyst to note that a move up towards $10,000 could be […] дальше »
2020-7-23 02:00 | |
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Ethereum Bears Have the Upper Hand as ETH Trades Within Crucial Range
Ethereum has been forming an incredibly close correlation to Bitcoin throughout the past couple of weeks It is attempting to break this correlation now, but bulls are flashing some signs of weakness, especially while looking towards its BTC trading pair Analysts are now noting that ETH is trading within a crucial range that could determine its future The upper boundary of this range sits just a hair above where it is currently trading at, but […] дальше »
2020-7-21 23:00 | |
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Bitcoin’s trading volume is shifting towards altcoins as BTC flatlines
Bitcoin’s trading volume has been sliding slower throughout the past several months as it continues trading within an incredibly tight trading range. The post Bitcoin’s trading volume is shifting towards altcoins as BTC flatlines appeared first on CryptoSlate. дальше »
2020-7-17 10:00 | |
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Bitcoin Topside Bias Vulnerable Unless It Surges Past $9,300
Bitcoin extended its decline and spiked towards $9,100 against the US Dollar. BTC is currently recovering, but it must gain strength above $9,300 for a sustained upward move. Bitcoin spiked to the downside and traded to a new weekly low at $9,096. дальше »
2020-7-15 06:58 | |
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This Technical Indicator is Signaling Bitcoin Could Soon Reel Towards $5,000
Bitcoin recently faced a rejection at $9,500 that appears to be a grim sign for its macro outlook The cryptocurrency has since reeled back within its long-held trading range between $9,000 and $9,300 How it trends next will likely depend on its reaction to this trading range Because BTC posted a failed breakout attempt, it is likely weaker now than it was during its last bout of prolonged consolidation at its current price levels One […] дальше »
2020-7-11 02:00 | |
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Bitcoin Daily Chart Indicates Crucial Bullish Breakout Towards $10,000
Bitcoin is rising steadily and it recently broke the $9,400 resistance against the US Dollar. BTC’s daily chart suggests that the bulls are likely aiming a larger rally towards $10,000. Bitcoin formed a strong support base near $9,000 and recently started a fresh increase. дальше »
2020-7-9 06:58 | |
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These 3 Simple Factors Could Erase Bitcoin’s Current Signs of Strength
Bitcoin is beginning to flash some signs of strength as it starts breaking out of the recently established trading range between $9,00 and $9,300 The crypto could soon make a move to test the resistance that sits towards the top of its long-held trading range This resistance extends from $9,700 to $10,000 BTC’s tempered strength comes as altcoins begin rallying, with some even climbing as much as 100% yesterday Analysts are noting that there are […] дальше »
2020-7-9 02:00 | |
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Bitcoin Futures Premium Shows That Institutions are Bullish on BTC
Bitcoin futures have seen a rising premium over spot BTC in recent months, which seems to indicate that traders are bullish on the benchmark cryptocurrency. This premium is particularly clear while looking towards the CME – which seems to indicate that professional traders and institutions are particularly bullish on BTC at the present moment. This […] дальше »
2020-7-8 00:00 | |
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Bitcoin is Coiling Up for a Massive Downside Movement; Here’s Why
Bitcoin is now inching down towards its crucial near-term support at $9,000, with bears placing enough selling pressure on the crypto to jeopardize its consolidation phase BTC has broken below this level on previous occasions, although each journey into the upper-$8,000 area has proven to be short-lived There now appear to be multiple signs suggesting that BTC is preparing to make a massive downside movement This move, should it happen in the near-term, could pierce […] дальше »
2020-7-6 19:00 | |
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Ethereum, Tezos, Crypto.com Coin Price Analysis: 05 July
Bitcoin's efforts to breach its immediate resistance on the charts and head towards $10,000 continue to be in vain, with BTC falling on the charts again over the past 24-hours. While the world's largeThe post Ethereum, Tezos, Crypto. дальше »
2020-7-5 15:00 | |
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Bloomberg Analyst: Key Metrics Show Bitcoin Should Rocket Towards $12,000
It’s been a slow past few weeks for the Bitcoin market. The cryptocurrency has effectively been range-bound for two months, registering no concrete trend. Despite this, blockchain analytics firms have observed an increase in usage of BTC. дальше »
2020-7-3 15:00 | |
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Bitcoin Price Stalls At $9.2k, But Bulls Are Still Eying Gigantic Move Towards $13,000
Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence thinks Bitcoin is headed on a bull run towards $13K. But possibly, more importantly, he mentioned the declining volatility of the digital asset and referenced the maturation of BTC. дальше »
2020-7-2 09:20 | |
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The Grayscale Bitcoin Trust May Be Signaling BTC has Formed a Long-Term Bottom
Bitcoin has been consolidating between $9,000 and $10,000 for the past several days and weeks, struggling to garner any clear trend The crypto has expressed some overt weakness in recent times due to its propensity to trade near the lower boundary of this range Buyers have been ardently defending against a drop below $9,000 One trend seen while looking towards the publicly traded Grayscale Bitcoin Trust seems to indicate that the cryptocurrency could be forming […] дальше »
2020-7-2 02:00 | |
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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 »
2020-7-1 06:58 | |
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