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Analyst: Bitcoin Likely to Tap $10,000 Unless Bulls Spark Strong Movement

Bitcoin has been oscillating between the lower and mid-$11,000 region throughout the past few days This rocky price action comes close on the heels of the harsh rejection at $12,000 that it posted this past weekend The cryptocurrency will likely continue struggling to garner any momentum as long as hovers below the upper-$11,000 region, which is where it faces some resistance Analysts do believe that some near-term downside could be imminent in the days and […] дальше »

2020-8-13 21:00


Ethereum’s MA50 Just Broke a 500-Day Consolidation Phase; What This Means

Ethereum has been consolidating alongside Bitcoin and most other major altcoins throughout the past several days. This consolidation phase comes close on the heels of the strong upwards movement that sent the cryptocurrency surging from recent lows of $230 to highs of $415 that were set last Saturday. Ever since it faced a rejection at […] дальше »

2020-8-9 04:00


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


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


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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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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Here’s the Crucial Level Ethereum Needs to Break to Avoid Cratering Lower

Ethereum has been moving in close tandem with Bitcoin over the past couple of days This has made it exposed to seeing intense downside, and it is now stuck beneath the $240 region ETH is now at risk of setting lower lows according to one analyst, but there is a way bulls can stop this from happening The trader noted that $242 is a key high time frame level that bulls must flip before tomorrow’s weekly […] дальше »

2020-7-12 22:00


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The Probability of Ethereum Seeing a Parabolic Rise in 2020 is 7%; Factors to Consider

Ethereum has been moving in close tandem with Bitcoin throughout the past several days and weeks, struggling to garner any independent momentum as it ranges This sideways trading has done little to bolster the cryptocurrency’s bull case That being said, analysts have been pointing to its fundamental strength as a reason why it may soon explode higher Data seems to suggest that the crypto only has a 7% chance of seeing any type of intense […] дальше »

2020-6-23 23:00


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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


Ahead of halving, volatility metric shows Bitcoin is near recent “sell-off” levels

Bitcoin’s recent price rise is attributed to the much-awaited halving event on May 12, but one metric suggests a sell-off is due if past samples are considered.  Metric close to previous levels but not “holy grail” On-chain analytics provider Skew noted Bitcoin’s implied volatility indicator neared previous  “sell-off” zones — specific instances where certain levels […] The post Ahead of halving, volatility metric shows Bitcoin is near recent “sell-off” levels appeared first on CryptoSlate. дальше »

2020-4-29 20:30


Analyst: this statistical model says there’s a 75% chance Bitcoin rallies even higher next week

Yes, the price of Bitcoin may have stalled over the past three days, stagnating around $7,500, but the cryptocurrency is still decisively bullish from a macro perspective, analysts say. In fact, should BTC close the weekly candle above $7,100 in approximately seven hours as of this article’s writing, this will be the sixth — yes, […] The post Analyst: this statistical model says there’s a 75% chance Bitcoin rallies even higher next week appeared first on CryptoSlate. дальше »

2020-4-28 17:00


Bitcoin Surges to $6,600: What Do Analysts Think Is Next?

After plunging towards $6,200 after the monthly candle close, Bitcoin has rallied hard, gaining 5% in the past two hours alone ahead of the daily close arriving in approximately 90 minutes. As of the time of writing this article, the cryptocurrency sits at $6,575, just a smidgen shy from $6,600. What are analysts thinking about... дальше »

2020-4-2 01:41


Bitcoin Price Holds Surprisingly Well as S&P 500 Futures Crash 5% in 5 Minutes

Bitcoin has held surprisingly well over the past hour, despite global markets opening dramatically lower (by traditional standards) than they were during Friday’s close. In fact, the futures for the S&P 500 and the Dow Jones have all hit their limit down (circuit breaker) of 5%, with the former reaching 2,174 and the atter falling... дальше »

2020-3-23 01:56