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Here’s How High Bitcoin Could Run Before Facing Immense Selling Pressure
Bitcoin has seen some incredibly strong price action throughout the past few days After establishing the region between $9,900 and $10,000 as a baseline support level, bulls have now stepped up and propelled it back up towards $11,000 This current strength has struck a blow to bears, although BTC hasn’t reached the clear just yet One analyst is noting that the region between $11,100 and $11,200 is where he is expecting Bitcoin to face some […] дальше »
2020-9-16 02:00 | |
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Stock-To-Flow Model Creator Says It’s Time For BTC To Make A Major Upside Move Based On This Crucial Update
There are multiple metrics and models that are used to predict the bitcoin price in the future. A widely-known — yet often contested — one is the stock-to-flow model designed by quant analyst PlanB. дальше »
2020-9-15 01:07 | |
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Bitcoin Reclaims Crucial Technical Support as “Smart Money” Flips Long
Bitcoin is showing some intense signs of strength today, with the cryptocurrency’s price rallying towards its recent highs of $10,500 while the aggregated market also sees some strong momentum. Because BTC has yet to break above $10,500, its near-term outlook still remains somewhat unclear. дальше »
2020-9-13 01:00 | |
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Bitcoin (BTC) must be more intuitive: Jack Dorsey
Twitter’s CEO, Jack Dorsey, has always been a major Bitcoin supporter. In fact, he believes that BTC is the one true currency of the internet. However, the reason that BTC has not gone mainstream yet is the fact that it is not intuitive enough. дальше »
2020-9-11 14:18 | |
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BTC Is Trading at Above $10300, Bitcoin Price Is Up but Not Yet Restored after Falling
Coinspeaker BTC Is Trading at Above $10300, Bitcoin Price Is Up but Not Yet Restored after FallingOn Thursday, September 10th, the BTC rate is slightly growing, trading at $10378 USD after a recent drop. дальше »
2020-9-10 15:18 | |
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Bitcoin Continues Treading Water Above $10,000
Since the Sept 2-4 drop in the market, Bitcoin (BTC) has been trading near the $10,000 support area and has created several long lower-wicks in the process. Technical indicators are turning bullish, but it is not yet certain whether the correction for BTC has ended. дальше »
2020-9-10 11:34 | |
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Bitcoin Holds $10,000 Level But Fails to Escape Lows
On Sept 8, Bitcoin (BTC) created a bullish reversal candlestick inside a long-term support area. It is not yet clear whether the price has completed its correction or if there is one more wave down before the price reverses its bearish trend. дальше »
2020-9-8 11:40 | |
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What is the bottom for Bitcoin's crash? When should you buy BTC now?
Bitcoin has crashed from $12,000 to below $10,000 all in under a week. Six months after suffering a brutal crash, bitcoin is crashing yet again and unlike the last time, the reason is slightly differeThe post What is the bottom for Bitcoin's crash? When should you buy BTC now? appeared first on AMBCrypto. дальше »
2020-9-6 19:00 | |
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Bitcoin Looks Almost Exactly Like It Did Prior to the 2016-2017 Explosion
Bitcoin has seen a strong reversal over the past few days after it was once again rejected at $12,000. The leading cryptocurrency now trades for $10,500, trading around pivotal technical levels. BTC has yet to post a notable close above or below these pivotal levels, but traders are keeping a close eye on the charts. дальше »
2020-9-5 09:32 | |
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There’s a Crucial Silver Lining to the Bitcoin Price’s 7% Correction
Bitcoin saw a strong crash on Wednesday after another attempt at breaking past and holding $12,000. The leading cryptocurrency dropped as low as $11,200 as sellers flooded the market. Some say it was news that the office of Bithumb, a leading exchange in South Korea, was raided that crashed the market. BTC has yet to […] дальше »
2020-9-3 03:15 | |
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Bitcoin Shows Signs of Strength, But These Factors May Bolster Bears
Bitcoin is currently attempting to break above $12,000, with the cryptocurrency rallying towards this level as Ethereum sets fresh 2020 highs at $475 BTC’s current strength has yet to lift it past the key resistance it faces in the near-term at this level A failure to surmount it would be grim for its near-term outlook, and potentially spell serious trouble for where it goes next One analyst believes that there are a few factors that […] дальше »
2020-9-2 02:00 | |
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Tether (USDT) Overtakes XRP Yet Again, Exceeds $13.4 Billion Market Valuation
Over the past 24 hours, Tether stablecoin has overtaken Ripple’s XRP once again to become the world’s third-biggest cryptocurrency just behind ethereum (ETH) and bitcoin (BTC). Tether now boasts a staggering market valuation of over $13. дальше »
2020-9-2 23:22 | |
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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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Bitcoin Triggers a Major Trend Reversal, New Highs Coming
Though not by much, Bitcoin ended August on a positive note, and today it is looking poised to break above $12,000 yet again. At the time of writing, BTC/USD has been trading above $11,900 in the green with a ‘real’ trading volume around $2. дальше »
2020-9-1 15:29 | |
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Bitcoin Could Plunge to Sub-$10,000 Before Rocketing Higher; Here’s Why
Bitcoin is flashing some signs of short-term strength as it rebounds from its daily lows This rebound, although strong, has not been enough to send it past any crucial support levels as of yet It also led BTC to see a strong rejection at just below $11,600, which is a sign of weakness behind this movement This rally came about as macro assets responded bullishly to the Fed Chairman’s speech regarding the Fed adopting a […] дальше »
2020-8-28 02:00 | |
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Here are the Simple Factors That Could Pull Bitcoin Towards Its 2020 Highs
Bitcoin is showing tempered signs of strength at the present moment as its price pushes up towards $11,800 The cryptocurrency has been seeing slight weakness in recent days, making this latest upswing a welcome development for bulls BTC has yet to break its prolonged consolidation phase between the lower-$11,000 region and $12,000 Some factors suggest a break of this range is imminent in the near-term One analyst is pointing to stock market strength and weakness […] дальше »
2020-8-25 02:00 | |
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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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Bitcoin Breaks Out Above $12,000 — Legitimate or Fakeout Rally?
On Aug 17, the Bitcoin (BTC) price created a bullish engulfing candlestick and broke out above its previous high. While the breakout looks legitimate, it is not yet clear if there is enough buying power for BTC to continue making higher-highs. дальше »
2020-8-18 12:50 | |
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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 »
2020-8-17 19:58 | |
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These Two Liquidity Regions Could Spark a Sharp Bitcoin Price Decline
Bitcoin is currently catching some upwards momentum that has sent it past its key resistance level at $12,000. Although the crypto has yet to post a significant break above this level, bulls do appear to be building strength following the strong weekly close that BTC posted yesterday evening. дальше »
2020-8-18 19:00 | |
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Another Bitcoin Cash Fork In The Works, Should This Worry BTC Investors?
It has surfaced on Reddit that disagreement within the Bitcoin Cash community could lead to yet another fork. Bitcoin Cash is a fork of Bitcoin and has since forked to give birth to the highly controversial Bitcoin SV. дальше »
2020-8-17 19:18 | |
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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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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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What Hope Do Bears Have If Bitcoin Holds $11,500? Analyst Asks
Despite the parabolic performance in some altcoins, Bitcoin is stagnating around the high-$11,000s. As of the time of this article’s writing, BTC is trading for $11,600. This comes after it was rejected last week at the $12,000 level yet again, marking a loss for bulls. дальше »
2020-8-10 23:00 | |
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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 »
2020-8-7 02:00 | |
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Another Multi-Billion Dollar Company Turns to Bitcoin as a Dollar Hedge
Yet another multi-billion dollar publicly-traded company told investors it would invest a portion of its assets in Bitcoin to preserve the value of its capital against a weakening dollar. BTC,... дальше »
2020-8-7 17:10 | |
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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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New Highs for DeFi Results in it Accounting for 95% of the Total Value Created on Ethereum
DeFi continues to push higher. Even though Bitcoin is surging today, reaching $11,600, the likes of Akropolis is up 30% against BTC and Bancor 13%. In yet another record, the total amount locked in DeFi has reached $4. дальше »
2020-8-5 18:44 | |
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This Newly Formed Structure Could Cause Bitcoin to See Major Losses
Bitcoin and the aggregated cryptocurrency market are currently in a precarious position following the series of strong rejections seen yesterday evening The selling pressure incurred as a result of these rejections has not yet been enough to force BTC or other assets below their crucial support levels That being said, analysts are growing increasingly cautious on BTC’s near-term outlook One trader explained that a recently emerged technical pattern seems to indicate downside is imminent It […] дальше »
2020-8-5 02:00 | |
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Analyst Who Forecasted Latest Bitcoin Rally Now Predicts Move to $18,000
Bitcoin’s price has found some notable stability in the time following its intense rally past $11,000 seen yesterday Although the cryptocurrency has not yet retraced following this incredible movement, it does appear to be facing some resistance above its current price levels BTC is now establishing the $11,000 level as support, which is a highly bullish sign – according to analysts One prominent trader who forecasted this latest movement is now noting that the crypto […] дальше »
2020-7-29 21:00 | |
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Prominent Trader Suggests Bitcoin Could Soon Hit $15,000 by “Following Gold”
In the past few minutes, Bitcoin has crossed above $10,000 once again after consolidating at $9,900 for multiple hours. While it isn’t yet clear if BTC has flipped $10,000 into support, a prominent stock/futures trader is expecting a bigger breakout in the weeks and months ahead. дальше »
2020-7-27 04:38 | |
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Court Rules Bitcoin Is a Form of “Money” Under Washington D.C. Money Transmitters Act
In what comes as yet another significant assent solidifying the narrative of bitcoin (BTC) as a legitimate medium of payment, a federal court in the U. S. ruled that the premier cryptocurrency is a form of “money” covered under the Washington D. дальше »
2020-7-26 22:00 | |
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Bitcoin Price Could Moon To $20K If US Banks Allocate Just 1% Of Assets To BTC
Bitcoin enthusiasts have long predicted the legacy finance system eventual foray into crypto. Wall Street jumping into bitcoin in droves is still yet to be seen, but some recent actions suggest the cryptocurrency industry is sure headed in the right direction. дальше »
2020-7-24 22:53 | |
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Bitcoin Futures OI Surpasses $4 Billion, BitMEX Regains its Dominance While Bakkt is A Ghost Town
The Bitcoin market is back to seeing some action. As the price of the BTC moves, so does the volume and open interest. Open interest for bitcoin futures on crypto derivatives exchange BitMEX has yet again exceeded $1 billion, back to the pre-March crash level. дальше »
2020-7-24 19:58 | |
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Grayscale’s Record-Breaking Q2 Sees Influx of New Investors; GBTC Inflows 118% of BTC Mined
Grayscale reported yet another record quarter with the most massive quarterly inflows at $905. 8 million in Q2 2020, a quarter characterized by unprecedented global events, which is almost double the inflows recorded in Q1 2020. дальше »
2020-7-15 22:07 | |
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Spikes in Bitcoin Exchange Inflows Signal a Large Selloff is Looming
Bitcoin has continued trading sideways within the lower $9,000 region overnight, with its ongoing consolidation phase now extending over ten weeks Although the crypto has yet to express any clear momentum, likely, this lackluster trading bout will ultimately result in it making a massive movement Analysts are now noting that exchange inflows over the past few weeks have been surging, suggesting that traders may be preparing to offload their BTC This could help provide the […] дальше »
2020-7-16 21:00 | |
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PayPal’s Letter to European Commission Confirms Its Plans to Develop Crypto Capabilities
In a letter to the European Commission published in March this year, the global payment service, PayPal, stated they are in works to enable cryptocurrency capabilities on the platform. The company has yet to disclose plans in the digital assets arena completely, but the addition of Bitcoin (BTC) to the platform could be on hand. […] дальше »
2020-7-14 19:38 | |
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Ethereum Classic, Dogecoin, Chainlink Price Analysis: 13 July
Bitcoin, the world's largest and most-recognized cryptocurrency, continues to trade with low market volatility on the charts, with BTC, at the time of writing yet to breach its longstanding resistanceThe post Ethereum Classic, Dogecoin, Chainlink Price Analysis: 13 July appeared first on AMBCrypto. дальше »
2020-7-13 15:00 | |
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Bitcoin to Follow the Equities Market Up or Down? One-Month Correlation Spikes to an All-Time High
Yet another week of weak price movement. The world’s leading digital asset is trading at $9,072, in red with 24 hours ‘real’ volume of just $624 million. Consolidation precedes more consolidation. $BTC pic. дальше »
2020-7-5 16:25 | |
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Analyst Who Predicted Bitcoin’s V-Shaped Reversal at $3,700 Is Bullish
It’s been a tough past few weeks for the Bitcoin market. Some are skeptical that the cryptocurrency is in a bull trend after BTC has sustained multiple rejections at $10,000. Yet a trader that nailed a bold prediction remains optimistic, sharing a number of signals indicating imminent upside. Bitcoin Could Soon See a Bounce, Says […] дальше »
2020-7-4 00:00 | |
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Bitcoin Community Celebrates as Crucial Lightning Network Project Launches
Despite it having a strong fundamental premise, Bitcoin’s Lightning Network has yet to see the adoption that its proponents hoped would happen. According to Lightning data provider 1ML, there is only $9 million worth of BTC locked in the network. дальше »
2020-7-4 21:00 | |
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Bitcoin: Don't rule out retail investors just yet
The Bitcoin community has juggled multiple reports and speculations over the past few weeks, all regarding Grayscale's BTC accumulation, a development that in the minds of many, represents the rise ofThe post Bitcoin: Don't rule out retail investors just yet appeared first on AMBCrypto. дальше »
2020-7-2 23:00 | |
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When This Signal Appeared in 2015, Bitcoin Rallied 2,000%. It’s Back
It’s been a quiet past few weeks for Bitcoin. After reaching $10,400 at the start of June, the cryptocurrency has seen a correction and now trades in the low-$9,000s. Although a bear trend has yet to form, many have stated that the rejection BTC faced at $10,400 was bearish. дальше »
2020-6-27 03:21 | |
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Here’s Why Bitcoin’s Next Big Move is Likely to be Down
Last night bitcoin yet again dropped below $9,000 to $8,989. Since the beginning of this week, BTC has lost 6% of its value. Currently, we are hovering around $9,250 while managing $2 billion in ‘real’ volume. дальше »
2020-6-25 15:18 | |
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If Bitcoin Traders Short Here, They Have “Terrible Odds” Of Making Money: Analyst
Bitcoin’s consolidation over the past few weeks hasn’t been seen as bullish by everyone. Case in point: institutional traders on the CME are currently net short on BTC futures. Yet, a trader says that those shorting have “terrible odds” of making money. дальше »
2020-6-22 02:00 | |
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Bitfinex’s Order Book Is Strongly Stacked In Favor of Bitcoin Bulls
It’s been a tough past few days for Bitcoin. After plunging approximately $1,000 in 24 hours, the cryptocurrency has yet to decisively bounce. The lack of recovery has led some to suggest that BTC is primed to move under $9,000. дальше »
2020-6-15 04:00 | |
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Ethereum Is Primed to Tumble Towards $200 Unless “Big Buyers” Step In
Trading alongside Bitcoin, Ethereum saw a strong rejection at a crucial resistance this week. For BTC, the rejection came at $10,000; for ETH, the rejection took place just above $250. The cryptocurrency has not plunged from this pivotal level, yet analysts expect Ethereum to retrace upwards of 20% as bulls remain tepid. дальше »
2020-6-15 07:00 | |
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