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Here’s why analysts are cautious of Bitcoin despite today’s insane rally
Bitcoin’s bulls have been able to greatly extend the momentum that they first generated when BTC tapped lows of $6,400, with this momentum reaching a fever pitch this afternoon as the crypto surges up towards the key $8,000 resistance level. дальше »
2020-1-7 06:00 | |
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Bitcoin Needs to Break Above This Price Level To Spark a Massive Rally
Bitcoin’s uptrend in the time since it tapped lows of $6,400 has been unwavering, and BTC’s bulls have been able to successfully garner enough buying pressure to push the cryptocurrency up towards its key resistance levels that exist within the upper-$7,000 region. дальше »
2020-1-7 00:00 | |
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2020 Will Be a Great Year for Bitcoin; These Factors Could Fuel an Insane Bull Run
Bitcoin currently appears to be in a precarious situation, as sellers have been pushing the cryptocurrency down towards its key support that currently exists around $7,000. This current bearishness comes close on the heels of the recent series of rejections that BTC faced over the past couple of weeks. дальше »
2020-1-3 02:00 | |
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Bitcoin, Ethereum Set to Close Year with Gains, XRP Shows Heavy Losses
Bitcoin and Ethereum are set to close the year with gains. Meanwhile, XRP is on track to post heavy losses. Bitcoin Bitcoin tested towards the lower end of its short-term trading range on the last trading day of December, as cryptocurrency traders looked to the BTC/USD pair’s yearly price close. дальше »
2020-1-2 00:35 | |
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Bitcoin Price Poised to Jump 40% Towards $10,000; Here’s Why
While Bitcoin saw a strong rejection at $7,500, with the price of the leading cryptocurrency rapidly plunging to $7,200, leading some to suggest that an extended bearish reversal was possible, analysts remain bullish on BTC. дальше »
2019-12-31 12:34 | |
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These Technical Factors Signal that Bitcoin May Hit Fresh All-Time Highs in 2020
Although bulls had firm control over Bitcoin (BTC) throughout the first half of the year, the second half was firmly controlled by bears, who pushed it as low as $6,400 before it incurred some notable upwards momentum that allowed it to climb towards $8,000. дальше »
2019-12-29 22:00 | |
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Bitcoin Downside Thrust Possible Before Key Reversal
Bitcoin price spiked towards $7,400, but it failed to retain strength against the US Dollar. The bulls need to protect the $7,120 and $7,000 support levels in the near term. There is a major bearish trend line active with resistance near $7,360 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-12-27 09:00 | |
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Bitcoin (BTC) Hesitates But Further Gains Seem Likely
Bitcoin price is consolidating gains above the key $7,000 support area against the US Dollar. The price could dip towards the $6,960 support before it starts a fresh increase. There is a short term contracting triangle forming with resistance near $7,135 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-12-20 09:00 | |
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Bitcoin Breakdown Looks Real, $6.2K On The Horizon?
Bitcoin price is down around 4% and it broke the key $7,000 support against the US Dollar. The price is likely to continue lower towards $6,500 or $6,200 in the near term. There is a short term contracting triangle forming with resistance near $6,880 on the hourly chart of the BTC/USD pair (data feed from. дальше »
2019-12-17 09:00 | |
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Investors Are Not Buying Bitcoin at Current Price, is BTC in Trouble?
Bitcoin opened Monday in a slightly-positive territory as investors’ focus shifted towards risk-on markets. The leading cryptocurrency slipped marginally during the early morning trade. It managed to secure a weak bounce as the session matured, establishing an intraday high of $7,131. дальше »
2019-12-16 18:59 | |
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Crypto Market Forecast: 16th December
The crypto markets continued to grind downwards last week. Market benchmark BTC slid towards the $7000 price level to close the week 6% down. Meanwhile, prime brokerage firm Tagomi announced reduced fees for institutional crypto traders, and Russia's biggest darknet marketplace announced a $146 million ICO. дальше »
2019-12-16 14:00 | |
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XRP's correlation to overall market fell towards November-end: Report
The Bitcoin [BTC] market has lost 0.54% of its value in December 2019, with the king coin's price movement recording recurring dips. A recent dip of 2.45% contributed to the price of the world's largeThe post XRP's correlation to overall market fell towards November-end: Report appeared first on AMBCrypto. дальше »
2019-12-10 20:30 | |
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Bitcoin Forming Bullish Long-Term Bottom Formation; Key Levels to Watch For
Bitcoin (BTC) has been able to incur some decent upwards momentum in the time since its faced a strong and swift rejection around $7,800, as it has since climbed up towards $7,600. Analysts are noting that this recent price action may point to the possibility that Bitcoin is forming a bullish long-term bottom formation, which. дальше »
2019-12-8 21:00 | |
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Bitcoin's fractals suggest BTC's journey towards $6,200 in the near future
Bitcoin's journey through 2019 has been extremely volatile; starting at $3,000 and reaching a high of $13,800. Bitcoin's price seems to be stuck in the $7,000 range for more than two weeks and the patThe post Bitcoin's fractals suggest BTC's journey towards $6,200 in the near future appeared first on AMBCrypto. дальше »
2019-12-7 18:00 | |
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Bitcoin.com Reinstates Bitcoin Cash (BCH) as the “Default Buy” Amidst Doubt of Switching Allegiance to Bitcoin Core (BTC)
Bitcoin.com recent “technical mix up” raises doubt in the BCash community. Is the website moving towards Bitcoin Core? Bitcoin.com default buy button reinstated to BCH Bitcoin.com, a Bitcoin Cash proponent, witnessed technical issues on its website as Bitcoin (BTC) replaced BCH on the default ‘Buy Bitcoin’ button on the platform. A post on the official […] дальше »
2019-8-12 19:06 | |
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Ethereum Dives Towards $200 as Sentiment Surrounding ETH Grows Negative
Bitcoin’s recent ascent has proven to be a negative thing for the aggregated crypto markets, as it has led most altcoins – including major ones like Ethereum (ETH) – to plummet as BTC continues to garner greater dominance over the markets. дальше »
2019-8-11 00:30 | |
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Bitcoin (BTC) Price Approaching Next Crucial Break: $11,500 Holds Key
Bitcoin price is still struggling to gain bullish momentum above the $12,000 resistance against the US Dollar. The price is likely setting up for the next break either above $12,000 or towards $11,500. дальше »
2019-8-10 07:08 | |
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Report: Institutional Investors Are Behind Latest Bitcoin Rally; But Will BTC Keep Climbing?
Bitcoin and the aggregated crypto markets have been facing massive volatility over the past several weeks that has made it increasingly unclear as to whether or not the markets are soon going to enter into another bull phase that leads BTC towards its previously established all-time-highs. дальше »
2019-8-9 01:00 | |
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Scalability Is Key – Blockchain Platforms That Are Pushing On-Chain Scalability Forward
The blockchain industry remains confident on its way towards mass adoption: at this point, even U. S. Senators agree that the technology’s dominance is “inevitable”. However, there is an Achilles heel: Bitcoin (BTC), at least in its current stage, is bad at scaling, and so are most of the coins. дальше »
2019-8-8 17:07 | |
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Bitcoin Rally May Be Bolstered by Chinese Yuan Devaluation, Claims Analysts
Over the past couple of days Bitcoin (BTC) has incurred a significant influx of buying pressure that has sent its price skyrocketing towards the upper-$11,000 region, which has proven to be a slight level of resistance for the cryptocurrency. дальше »
2019-8-6 03:00 | |
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Bitcoin Price Analysis: BTC FOMO Could Surpass $12.4K This Week
In my previous analysis, we looked at the strength of the new Bitcoin uptrend as price levels traded just below $11,000 resistance. Since then, bulls have been well in control resulting in further upside towards $12,000. дальше »
2019-8-6 20:02 | |
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Bitcoin Price Jumps 10%, Outperforms S&P 500 by 10x YTD
The weekend has been a positive one for bitcoin price which has cranked a further 10 percent as it heads towards $12,000. The move makes BTC a better performing asset than stocks by a factor of ten so far this year. дальше »
2019-8-5 11:20 | |
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Bitcoin Price Hits $11.5K Target: BTC Up 8%, Dips Well Supported
Bitcoin price rallied more than 8% and climbed towards $11,500 against the US Dollar. The price traded as high as $11,646 and it is currently correcting gains. There is a key bullish trend line forming with support near $10,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-8-5 09:00 | |
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Could U.S. Tariffs Be Behind Bitcoin’s Rally Towards $11,000?
Bitcoin has been able to extend the upwards momentum it has incurred over the past several days and is now nearing the key resistance level of $11,000, which was the price at which BTC faced a swift rejection that sent the crypto reeling down to lows of $9,100. дальше »
2019-8-4 22:30 | |
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Bitcoin Price Analysis: Bulls Pushing BTC Towards $11,000
In my previous analysis, we looked at how bitcoin price action was trading in a key decision point. Now BTC bulls are heading back towards the $11,000 price mark forming a new uptrend. Bitcoin Price 1-Hour Chart On the 1 Hour chart for XBT/USD, we can see how the recent breakout of the asymmetrical triangle mentioned in a previous analysis has progressed over the last 3 days. дальше »
2019-8-3 19:16 | |
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Even Bitcoin Bears Think the BTC Price Could Hit New Record in 2020
Despite the lack of decisiveness in the bitcoin market following the dominant crypto asset’s abrupt drop from $14,000 to $9,500, many analysts – even bearish ones – generally remain confident that the bitcoin price is heading towards a new record high in 2020. дальше »
2019-7-30 17:42 | |
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Bitcoin Establishes Firm Trading Range as Volatility Abounds; Factors & Trends
Bitcoin and the aggregated crypto markets have once again incurred an influx of volatility that has extended the instability that was first incurred just over one week ago when BTC sharply moved towards $11,000 but failed to sustain this movement. дальше »
2019-7-30 03:00 | |
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Bank of China’s Infographic Shows the Reasons Behing BTC’s Price Increase
Coinspeaker Bank of China’s Infographic Shows the Reasons Behing BTC’s Price IncreaseThe Bank of China posted an infographic explaining Bitcoin and its price increase. The infographic points towards the fact that Bitcoin has a limited supply as naturally making the cryptocurrency prone to price increases. дальше »
2019-7-28 13:13 | |
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Bitcoin Price Analysis: BTC Plummets Towards $9k Support
Bearish divergence as mentioned in my previous analysis on Bitcoin has successfully played out over the last 24 hours, resulting in price levels plummeting towards $9,000 support. Bitcoin 30 Minute Chart Analysis On the 30 Minute chart for XBT/USD, we can see the three higher highs price action has developed over the last week. дальше »
2019-7-28 17:53 | |
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Crypto market forecast: 22nd July
A positive week for crypto trading was highlighted by a mid-to-late week pickup in prices and an endorsement of Bitcoin as an 'unstoppable force' by a US politician. A neutral weekly close for BTC/USD points towards an uncertain market and volatility in the week ahead. дальше »
2019-7-23 15:00 | |
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Bitcoin Price (BTC) Could Retest Key Support Before Fresh Increase
Bitcoin price climbed higher recently above the $11,000 resistance level against the US Dollar. The price spiked towards $11,200 and recently corrected lower below $10,800. There is a connecting bullish trend line forming with support near $10,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-7-22 09:00 | |
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Bitcoin Bears Ramp Up Selling Pressure as Weekly Close Looms; Factors & Trends
Bitcoin and the aggregated crypto markets have been facing increased volatility as of late, and following a sharp move towards $11,000 yesterday, BTC has been unable to garner any significant buying pressure and has been drifting lower. дальше »
2019-7-22 00:30 | |
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Bitcoin developer defends scarcity index amidst criticism from rival crypto-proponent
A lot of factors together contribute towards Bitcoin’s valuation. The most talked about factor is the Scarcity index. There can only be 21 million Bitcoins in the world, and ardent BTC supporters and developers of the space have defended their beloved virtual asset on the basis of this scarcity argument. дальше »
2019-7-21 04:30 | |
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Bitcoin Price (BTC) Signaling Bullish Continuation To $11K
Bitcoin price rallied recently above the $10,000 and $10,200 resistance levels against the US Dollar. The price climbed towards the $10,800 resistance and recently started consolidating gains. There is a contracting triangle forming with resistance near $10,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-7-20 09:00 | |
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Bitcoin Could Drop Towards $6,100 While Still Maintaining Parabola
Bitcoin’s recent bout of downwards pressure has now sent its price decisively below $10,000, which appears to have marked the end of the long period of bullish momentum that BTC has experienced over the past several weeks. дальше »
2019-7-18 01:00 | |
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Bitcoin Plunges Towards $11,000 as Bull Trend Reverses; Factors & Trends Behind This Move
Bitcoin and the aggregated crypto markets have continued to extend the downwards movement that they incurred yesterday, and BTC is now approaching its next region of psychological importance that exists around $11,000. дальше »
2019-7-12 00:32 | |
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Bitcoin [BTC], Tron [TRX], and Cardano [ADA] Price Analysis – July 11, 2019 Forecast
Bitcoin (BTC/USD) BTC/USD pair has swayed down by 11. 9% over the last 24hrs, having moved from $13,007. 36 to the current price of $11,461. 38. This showed that the market had undergone a sharp bearish outlook over the past 24hrs. дальше »
2019-7-11 15:27 | |
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There Are Now More Ways Than Ever to Invest in Crypto
Bitcoin’s recent price boom has spiked interest in crypto, hailing a new wave of adoption that creates a kind of snowball effect. The current bull run likely stems, at least in part, from the news that big tech firms are increasingly moving towards crypto. дальше »
2019-7-11 21:00 | |
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Bitcoin Dominance Hits New 19 Month High as BTC Approaches $13k
There just seems to be no stopping Bitcoin at the moment. A day after many predicted further losses BTC has defied them all again to surge through resistance as it pushes towards $13,000. The move has also taken its market share to the highest level since December 2017. дальше »
2019-7-9 10:00 | |
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Is Bitcoin inclining towards a sell-off period or is it just another minor dip?
When it comes to describing Bitcoin, the crypto community echos terminologies around decentralized asset, the money of the future, and fiat’s replacement. However, BTC’s silver lining has always been found in its ability to spike faster than any other traditional asset, making overnight millionaires a reality. дальше »
2019-7-7 19:30 | |
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Bitcoin Price Consolidates as Hash Rate Hits ATH
Bitcoin price spent the weekend consolidating as the action has all gone sideways for the time being. There was another dip down below $11,000 yesterday but BTC recovered back as it heads towards resistance once again. дальше »
2019-7-8 13:00 | |
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Peter Schiff Admits He Owns Bitcoin, Shares BTC Address For More
There are two distinct sides of the coin when it comes to attitudes towards Bitcoin. There are those that clearly detest it, most of whom do not understand the technology and those that fully advocate a world with decentralized peer-to-peer money. дальше »
2019-7-5 13:00 | |
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Bitcoin (BTC) Price Hits First Target: $12.5K Now In Sight
There was a steady rise in bitcoin price and it tested the $12,000 resistance level. It traded as high as $12,053 and is currently correcting gains towards $11,600. There is a new connecting bullish trend line forming with support near $11,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). дальше »
2019-7-4 09:00 | |
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Bitcoin Price Analysis BTC / USD: What Goes Up….
Bitcoin has a neutral short-term bias, with the cryptocurrency testing towards its 200-period moving average on the four-hour time frame The four-hour time frame shows a bearish head and shoulders pattern Technical indicators on the daily time frame are starting to correct from overbought readings Bitcoin / USD Short-term price analysis Bitcoin has a neutral […] The post Bitcoin Price Analysis BTC / USD: What Goes Up…. appeared first on Crypto Briefing. дальше »
2019-7-2 15:41 | |
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