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Bitcoin Flipping $11,500 Into Support Could Trigger a Move to $14,000
Bitcoin experienced a violent rejection at $12,000 on Saturday night. The move resulted in hundreds of millions worth of buy-side liquidations, then millions more on the sell-side on the bounce. Analysts say that for Bitcoin to confirm more upside, it will need to flip $11,500 into support. дальше »
2020-8-3 01:30 | |
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Ethereum is Gearing Up for a Move Past $400; Here’s What Will Drive It Higher
Ethereum has seen some intense strength throughout the past couple of weeks, and the strong uptrend it is currently caught within isn’t showing any clear signs of coming to an end anytime soon. As it pushes up against its high time frame resistance, analysts are widely noting that it could be well-positioned to see further […] дальше »
2020-8-2 01:50 | |
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Ethereum Reaches Crucial Macro Resistance as Analysts Eye a Pullback
Ethereum’s price has rallied higher today in tandem with Bitcoin and other major digital assets This latest surge simply marks an extension of that seen throughout the past several days and weeks, with ETH now trading at the highest price levels seen in over a year The crypto is currently pushing up against its high time frame resistance, however, which could be a sign that its uptrend will start slowing in the near-term Where it […] дальше »
2020-8-1 22:00 | |
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Ethereum is Touching a Key Resistance Level, and It Could Spark a Drop to $280
Ethereum is flashing signs of immense strength as it pushes up towards its high time frame resistance at $350 This level has long been a target that analysts have been setting their sights on, and it is likely that a heavy amount of selling pressure exists here Although over a macro time frame ETH is firmly bullish, the visit to this level may spark a slight selloff that leads it down towards $280 Analysts are […] дальше »
2020-8-1 23:00 | |
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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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Here’s the Critical Level Bitcoin Needs to Hold Above to Maintain Its Momentum
Bitcoin has shown some slight signs of weakness today as its bull struggle to keep it above $11,000 It is important to note that today’s price action hasn’t done much to alter its market structure, although a continued bout of trading beneath this level could be a grave sign Analysts are now noting that the crypto remains in firm bull territory so long as it continues trading above $10,800 For its recent uptrend to extend […] дальше »
2020-7-31 21:00 | |
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Robinhood FOMO Potential? Bitcoin Pulling a ‘Kodak’ Means 6 Figures
If Bitcoin sees similar FOMO rallies like KODK in recent days, BTC price could quickly soar to six figures, as some analysts have previously predicted. дальше »
2020-7-31 14:11 | |
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Bloomberg’s $20K Bitcoin Prediction May Come True Due to “TINA” Effect
Earlier in June, Bloomberg analysts made a bold Bitcoin price prediction, stating that the cryptocurrency could revisit its all-time high near $20,000. The forecast is now receiving further support from a worsening macroeconomic climate. дальше »
2020-7-30 14:00 | |
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Trader: Bitcoin Could Be Forming a Massive “Bull Trap” as Bearish Signs Emerge
Bitcoin is currently flashing overt signs of strength as it consolidates above $11,000 Bears attempted to catalyze a selloff yesterday, but the previous resistance at $10,500 now has flipped into a strong support level Analysts are widely noting that the cryptocurrency is positioned to see further upside However, one trader is cautioning against premature euphoria He notes that there are a few signals that indicate this movement could be a massive “bull trap” that ends […] дальше »
2020-7-30 02:00 | |
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Can Bitcoin hold up against $10,000 for the third time in history? Analysts debate
The bull run that has kept Bitcoin trading above $10,000 has sparked discussions. In our last report, we noted that analysts are still very optimistic about Bitcoin hitting the $20,000 mark. Some analysts are confident that the bear market is over, and while this could mean a lot of things for different Bitcoiners, it generally […] дальше »
2020-7-29 15:58 | |
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Goldman Sachs Says Dollar in Danger as Investors Flee to Safe Havens
The growing debt crisis in the U. S. amid the Covid-19 crisis could damage the dollar’s global reserve status. Analysts at Goldman Sachs expressed concern that the burgeoning liquidity and mounting debt could have dramatic ramifications for the world’s largest economy. дальше »
2020-7-29 21:21 | |
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Bitcoin’s Dominance is Signaling That “Altseason” May Be in Grave Jeopardy
Bitcoin’s dominance has been seeing a sharp decline over the past few days and weeks as altcoins have captured the majority of investors’ attention Yesterday, however, this metric hit a historically important region, and shortly after the benchmark cryptocurrency’s price began rebounding Some analysts are now noting that it may be “pullback time” for altcoins, with this potential decline being perpetuated if Bitcoin can smash above $10,000 Ethereum could also play a big role in […] дальше »
2020-7-27 22:00 | |
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Ethereum Fails to Surmount Crucial Resistance as Traders Eye a Pullback
Ethereum has incurred immense momentum throughout the past few days This notable upswing seen as of late has allowed it to outperform Bitcoin and many other major altcoins Some analysts have even observed that ETH’s price action is starting to influence that of Bitcoin Analysts are now noting that it could see a notable pullback in the near-term, which may be necessary if bulls want to extend their momentum further This possibility will be invalidated if […] дальше »
2020-7-26 22:00 | |
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This Technical Sequence Could Propel Bitcoin to Fresh All-Time Highs
Bitcoin is flashing signs of overt strength at the present moment as it trades above $9,500 This marks the first time in many weeks that the cryptocurrency has been able to post a sustained movement higher Analysts are now closely watching whether or not it can surmount the resistance laced within the upper-$9,000 region It is important to note that the selling pressure here is quite significant This region also coincides with some crucial technical […] дальше »
2020-7-25 02:00 | |
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Ethereum Isn’t Out of the Woods Yet; Why ETH Could See a Sharp Decline
Ethereum’s intense uptrend has allowed the crypto to gain what appears to be a stable foothold within the $270 region Despite facing a firm rejection at $280, ETH has been able to continue flashing signs of strength At the moment, it appears to be highly correlated with Bitcoin as the two assets start another consolidation phase Analysts are now noting that Ethereum could be in for some trouble despite its overt strength It’s possible that […] дальше »
2020-7-25 23:00 | |
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Banks Putting 1% of Assets Into Bitcoin Could Send BTC Past $20k: Analyst
U. S. banks can now hold cryptographic keys, meaning they can store Bitcoin, Ethereum, and other digital assets. Analysts say that this move is extremely positive for this space. One commentator says that a move by U. дальше »
2020-7-25 15:00 | |
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Ethereum Just Broke a Multi-Year Accumulation Range; $350 May Be Imminent
Ethereum incurred a strong impulse higher yesterday that allowed it to shatter through the upper boundary of its macro trading range between $230 and $250. This allowed the cryptocurrency to completely alter its technical trajectory, as analysts are now noting that it could be poised to push significantly higher in the days and weeks ahead. […] дальше »
2020-7-24 00:00 | |
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Here’s Why Analysts are Flipping Short on Ethereum After Its Explosive Surge
After a prolonged period of range-bound trading, Ethereum posted a breakout rally yesterday that allowed it to surge up to fresh multi-month highs This rally put a firm end to the crypto’s macro trading range between $230 and $250 It remains unclear as to what caused this movement, but it allowed Bitcoin and other major altcoins to push higher as well Analysts are now growing cautious of what could come next for ETH Despite its […] дальше »
2020-7-24 23:00 | |
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Why Bitcoin Falling Below This Price Could Signal “Real Weakness”
Bitcoin has once again flatlined after rallying to $9,400. The cryptocurrency remains stagnant despite large movements in the stock and precious metals market. Analysts say the cryptocurrency must maintain $8,800 moving forward. дальше »
2020-7-23 04:00 | |
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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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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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This Technical Formation Could Put an End to Chainlink’s Multi-Year Uptrend
It’s no secret that Chainlink has been one of the most bullish digital assets throughout 2019 and 2020 The cryptocurrency recently extended its parabolic momentum when it rallied up to highs of $8.80 Although it is possible that a combination of hype and investor “FOMO” could help drive LINK higher, there are some reasons why analysts are growing cautious One trader pointed to the emergence of a large rising wedge pattern as one factor that […] дальше »
2020-7-18 23:00 | |
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This Technical Structure Signals Bitcoin is Coiling Up for a Major Downside Break
Bitcoin does not appear to be in a good position at the present moment Bears are currently attempting to push it below its long-held support at $9,000 This comes just a week after the crypto posted two consecutive rejections at $9,400 Its inability to push higher coupled with mounting selling pressure suggests downside could be imminent Analysts concur with this notion, with one pointing to a technical structure as a reason why he is anticipating […] дальше »
2020-7-17 02:00 | |
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Here’s Why Ethereum Breaking Below $225 Could End “Altseason”
Ethereum has seen some notable losses that have sent it down to the lower boundary of its trading range The crypto is now flashing some overt signs of weakness This is rooted in the lack of strength seen by both Bitcoin and most other major digital assets Analysts are now noting that $225 is a crucial level for ETH One trader is even noting that it is arguably the “biggest level” in the crypto’s history […] дальше »
2020-7-17 23:00 | |
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Here’s Why One Analyst Thinks Cardano (ADA) Could Soon “Nuke” Lower
Cardano saw a massive upswing yesterday that allowed it to erase virtually all of its recent losses For a brief period, the crypto even tapped its previously established yearly highs, although the selling pressure here proved to be quite significant As for where the cryptocurrency could trend next, analysts are growing increasingly cautious about its outlook Despite there being a few technical signs that suggest it may continue pushing higher, one trader is noting that […] дальше »
2020-7-16 23:00 | |
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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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Stellar (XLM) Could Soon Erase Recent Gains as It Hits “Make or Break” Level
Stellar (XLM) has been incurring massive upside throughout the past couple of weeks, with the token’s price surging to fresh yearly highs just days ago. It is currently expressing some signs of weakness, however, as the token’s price recently faced a grim rejection that has since sparked an intense price decline. Analysts are noting that […] дальше »
2020-7-11 20:30 | |
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This Crucial Bitcoin Support Could Propel BTC as High as $11,500
Bitcoin has stabilized following yesterday’s slight volatility, which allowed it to climb as high as $9,450 before hitting some notable resistance Bitcoin has now broken out of the tight trading range that it was previously caught within Analysts do believe that it is laying the groundwork to make a notable upside movement in the days ahead According to one well-respected options trader, this movement could send it as high as $11,500 due to the strength […] дальше »
2020-7-9 21:00 | |
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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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As XRP Rallies, Here’s the Level Top Traders Plan on “Shorting With Fury”
The aggregated cryptocurrency market is beginning to flash some signs of strength after an extended period of sideways trading Altcoins have been leading the market higher, as Bitcoin has remained stagnant within its long-held trading range This upwards momentum has even allowed XRP to rally, with this marking the first notable surge it has seen since April Analysts are noting that it could continue climbing higher in the near-term before hitting a crucial resistance level […] дальше »
2020-7-9 23:00 | |
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What Death Spiral? Bitcoin Hash Rate Surges to Fresh All-Time High
After the block reward halving, many analysts in the Bitcoin space expected a “death spiral. ” The term is one created by a professor who, in 2018 speculated that BTC could fall to $0 due to a collapse in miners. дальше »
2020-7-8 03:00 | |
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Three Simple Reasons Why Ethereum Won’t Benefit from DeFi’s Growth
DeFi-related tokens have been caught within an intense bull market over the past several weeks, with many posting 100%+ gains This growth has been fueled by return-hungry investors looking to take advantage of “yield farming” This trend isn’t fading as fast as some analysts expected and could continue strong in the months ahead Although built upon Ethereum, the DeFi sectors growth hasn’t boosted ETH’s price One prominent investor doesn’t believe it will ever become the […] дальше »
2020-7-3 23:00 | |
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Bitcoin Continues Closing Below a Crucial Level, Boosting Bears
Bitcoin has remained caught firmly within its long-held consolidation phase, with both its buyers and sellers being unable to catalyze any sharp momentum in either direction It is important to note that unlike weeks past, BTC is now consolidating just above its crucial support level at $9,000 This seems to be a sign of overt weakness, and could hurt buyers should the crypto begin inching lower Analysts are now noting that Bitcoin has been consecutively […] дальше »
2020-7-2 21:00 | |
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Ethereum is Showing Early Signs of Macro Weakness; What to Watch For
Ethereum has been inching lower after breaking below the support level at the bottom of its long-held trading range This decline has come about despite Bitcoin showing some signs of stability within the lower-$9,000 region ETH is now trading at a crucial support level that buyers are attempting to defend, as a break below it could be dire Analysts are now noting that for the first time in a long time ETH is showing signs […] дальше »
2020-6-29 22:00 | |
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Ethereum’s Strength Degrades Following Rejection at $250; What Comes Next
Ethereum has flashed signs of technical weakness overnight following a harsh rejection at $250 This level marked its high-time-frame resistance, and its inability to break above it seems to elucidate underlying weakness amongst its buyers Analysts are noting that it could be poised to continue pushing higher despite this latest setback There is one crucial level that it is trading just a hair above that could invalidate this potential rebound Ethereum has flashed signs of […] дальше »
2020-6-25 23:00 | |
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These 3 Simple Factors Have Caused Traders to Flip Bearish on Bitcoin
Bitcoin could be coiling up to make a massive bear-favoring movement in the days and weeks ahead. This weakness could mark a resolution to the multi-week trading range that it has been caught within, potentially causing investors to see intense losses in the weeks ahead as some analysts set downside targets within the $7,000 region. […] дальше »
2020-6-22 04:00 | |
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Bitcoin to Correct Throughout Summer Months as Analysts Eye Major Downside
Bitcoin’s consolidation phase has persisted, with the cryptocurrency continuing to trade sideways as it hovers around $9,360 The cryptocurrency has struggled to garner any notable momentum, showing some signs of weakness as it continues trading around the lower boundary of its range It does appear that it could be poised to see further near-term weakness due to it forming a weak technical structure This could spark a correction that causes it to decline throughout the […] дальше »
2020-6-22 19:00 | |
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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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60% of Bitcoin Options Open Interest Expires in 6 Days; Will Fireworks Ensue?
The crypto market has continued extending its long-held consolidation phase, with this sideways trading largely coming about as a result of Bitcoin’s lack of momentum Analysts are now noting that it may persist further in the near-term, as there are no immediate catalysts for momentum One factor that could lend itself towards shifting this trend is the expiry of 60% of all Bitcoin options next week Close to $1 billion in contracts are expiring on […] дальше »
2020-6-20 19:00 | |
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Analysts Say Bitcoin Breakout Imminent: Silver-like Suppression, $5 Trillion in Cash Could Flow Into BTC
A number of venture capitalists and macro investors believe bitcoin’s price will break out soon following suit with gold’s recent climactic rise. Dan Tapeiro, cofounder of Gold Bullion International, thinks that $4. дальше »
2020-6-20 00:45 | |
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Why It’s “Increasingly Unlikely” Bitcoin Crashes Under $7,000: Analyst Explains
As Bitcoin has stalled in the $8,000s and $9,000s over recent weeks, certain analysts have begun to expect a strong move lower. One top trader went as far as to say that BTC could see a 40% drop in the coming months. дальше »
2020-6-17 04:00 | |
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Here are the Simple Reasons Why Bitcoin May Soon Explode Past $10,500
After a brief break below $9,000 earlier this week, Bitcoin has been able to post a strong rebound from these lows, now navigating back up towards $9,600 This climb seen throughout yesterday is certainly positive for bulls, as it points to underlying strength amongst BTC’s buyers Analysts are now laying out a few simple reasons for why this recent price action could mark an accumulation pattern If this pattern plays out, then BTC is bound […] дальше »
2020-6-17 21:00 | |
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Bitcoin Forms a Decisive Top Formation as Momentum Falters; Analysts Expect Blood
Bitcoin has posted some mixed price action as of late, offering few insights into the strength of its current market structure Analysts do believe that the recent price action following its latest rejection at $10,000 struck a blow to its underlying strength This may be causing the benchmark crypto to form a clear top formation that suggests a violent downturn is imminent This weakness could also be compounded by the recent break below a key […] дальше »
2020-6-15 22:00 | |
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Analysts Target a Sub-$200 Move for Ethereum Once it Taps This Crucial Level
Ethereum has been closely tracking Bitcoin’s price action throughout the past several weeks and months The cryptocurrency did recently form an incredibly bearish technical pattern that analysts are still closely watching There’s a strong possibility that the crypto could be positioned to see notable downside in the near-term due to this pattern One analyst is even targeting a movement down to the sub-$200 region This price action could be magnified by a recent surge in […] дальше »
2020-6-15 22:00 | |
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Bitcoin Analysts are Watching These Six Critical Levels After Yesterday’s Plunge
Bitcoin posted a grim plunge yesterday that caused it to see notable losses Buyers were able to ardently defend against a break below the key support that has been established at $9,000 Analysts are now widely noting that BTC could be positioned to see further weakness in spite of its bullish overnight rebound There are six key high time frame support levels that buyers have built – ranging between $1,000 and $7,000 Buyers must post […] дальше »
2020-6-13 02:00 | |
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XRP Has Been Setting Lower Highs for 886 Days; Why Analysts Expect More Weakness
XRP has been severely underperforming the aggregated crypto market throughout 2020 The crypto is now on its 886th day of selling lower lows Analysts do not believe that this trend is going to alleviate anytime soon, as there are other signs of weakness that it has been flashing in recent times One veteran trader even noted that it could soon plummet another 30% against its BTC trading pair XRP has been struggling to garner any […] дальше »
2020-6-13 23:00 | |
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Holding Above This Key Level Could Send Bitcoin to $14,000; Will This Happen?
Bitcoin’s consolidation phase has muddied the clarity that many investors had regarding the strength of its uptrend Because the resistance that has been laced just above BTC’s current price has proven to be insurmountable, it remains unclear as to what could push the crypto past this level Analysts still believe that the crypto’s outlook could be extremely bright In order for it to validate its potential strength, however, it is imperative that buyers push it […] дальше »
2020-6-12 02:00 | |
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Ethereum’s Surging Open Interest Could Fuel an Explosive Downside Movement
Ethereum has been caught in the throes of an intense multi-week period of consolidation alongside Bitcoin and the aggregated crypto market Analysts do believe that ETH is coiling up to make a large movement as its open interest begins ballooning This OI trend is a sign that the next large move that it makes will be magnified It is possible that this movement will favor sellers due to the strong nature of the resistance that […] дальше »
2020-6-12 23:00 | |
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