These Simple Factors Suggest Bitcoin May Soon See a Massive Plunge

Bitcoin has once again extended its long-held bout of sideways trading, as it has now been hovering around $9,700 for the past few days The crypto did decline to lows of $9,400 this weekend, but buyers quickly absorbed the selling pressure that was driving this movement It now appears that there are some factors that suggest a downside movement could be imminent If these factors are enough to shatter a key trendline Bitcoin bulls have […] дальше »

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Bitcoin gears up for a push above $10,500

With price trading above $9,700, Bitcoin’s next uptrend could push it over major resistance...

The post Bitcoin gears up for a push above $10,500 appeared first on Coin Journal.

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A Key Trend is Forming For Ripple (XRP) and a Swift Rally Could Occur

Ripple is currently consolidating above the $0. 2000 support against the US Dollar. XRP price is likely to start a strong increase above $0. 2100 as long as it is above the 100 SMA (H4). Ripple price is currently trading nicely above the main $0. дальше »

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Analysts Are Fearing an Ethereum Correction: Here’s How Fall It Could Fall

Ethereum has been on an impressive rally over the past month. The leading altcoin is trading up more than 16% in the past month, as per data from crypto market site Coin360. com. Over that same time frame, Bitcoin dropped by 4%, while certain altcoins like XRP and BSV plunged by nearly 10%. дальше »

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Bitcoin at Grave Risk of Cratering to $7,400 as it Taps Multi-Month Trendline

Bitcoin is flashing some signs of weakness as it navigates towards the lower boundary of a trading range that has been firmly established over the past couple of weeks The crypto’s current weakness comes after a failed attempt by buyers to propel it towards $10,000 This decline has also led BTC down to a multi-month ascending trendline that has been guiding its price higher If it breaks below this level, analysts warn that it could […] дальше »

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Could Bitcoin Trading Volume Really 100X in Four Years?

How likely is it that Bitcoin trading volumes will top $1 trillion a day by 2025?

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Exponential Growth: Bitcoin’s Trading Volume Could Rival Major Asset Classes

Bitcoin’s trading volume has experienced exponential growth which could reach levels similar to major asset classes, according to a new report by Coin Metrics. The cryptocurrency’s daily volume could exceed that of all U. дальше »

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Correction Inevitable? Bitcoin Paints a ‘Shooting Star’ Pattern on Key Timeframes

The new weekly and monthly Bitcoin price candle kicked off with a powerful move to the upside, but yesterday was rejected with force. Although it is extremely early in each trading session, the recent price action has left behind a Shooting Star doji on weekly and monthly timeframes, which could signal that a larger correction... дальше »

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Here’s Why Bitcoin’s Outlook Remains Bleak as Long as It Trades Below $10,500

Bitcoin saw a sharp and unexpected rally past $10,000 yesterday that caught sellers off guard This movement allowed the benchmark crypto to rally to highs of $10,400 before it lost its momentum and declined back to the lower five-figure price region The cryptocurrency now appears to be trading at a pivotal point, and analysts are noting that it could still see further downside in the days and weeks ahead There is one level that, if […] дальше »

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Prescient Analyst: Why Bitcoin Breaking Out Of Range Will Spark $12K Bull Run Within A Month

Bitcoin’s current price is a far cry from the $20,000 registered during the late 2017 crypto bull market. But, this has not made the asset’s investors any less bullish. One popular analyst recently noted that BTC could explode in the coming weeks should it break out of a trading range. His analysis is especially noteworthy […] дальше »

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This Technical Pattern Signals Bitcoin is About to Explode to $12,000

Bitcoin saw a sharp overnight rebound that allowed it to reclaim its position within the mid-$9,000 region This came about after a period of weakness as it traded within the lower $9,000 region It now appears that the crypto’s recent volatility has allowed it to form an incredibly bullish technical formation If it posts a breakout of this formation, the crypto could soon be trading at fresh yearly highs of around $12,000 Bitcoin and the […] дальше »

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Ripple Exec: XRP’s low fees, reliability, and speed make it ideal for arbitrage trading

Recently, Breanne Madigan, head of global institutional markets at Ripple, explained how XRP could be a well-suited means for arbitrage trading: XRP as we now know it first saw the realm in 2013. Although the company itself, Ripple Labs, Inc. дальше »

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Ethereum Rallies Above $220 And Likely To Continue Higher To $240

Ethereum is up more than 8% and it broke the key $215 resistance zone against the US Dollar. ETH price is trading nicely above $220 and it could continue to rise above $230. Ethereum is showing a lot of positive signs and it rallied above $215 and $220. The price is likely to continue higher... дальше »

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Why Bitcoin’s Next Major Retracement Could Be Months Away

Bitcoin has been in a strong uptrend for around 2 months but has been stalling recently. The digital asset is currently ranging between $9,000 and $10,000 while its trading volume continues shaking every day. дальше »

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Ethereum (ETH) May Be Forecasting 50% Drop Against Dominant BTC

For over two years now, Bitcoin has been outperforming altcoins like Ethereum and others. BTC dominance has continued to climb as a result. However, Ethereum may be forecasting another 50% drop on the ETHBTC trading pair that could bring dominance back to pre-bubble levels. дальше »

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Ethereum Seems Resilient Above $200: Here’s Strong Case For Rally To $250

Ethereum is trading nicely above the $192 and $200 support levels against the US Dollar. ETH price could start a strong rally if it clears the $210 and $215 resistance levels. ETH price is showing positive signs above $200 pivot level against the US Dollar. дальше »

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XRP Could Soon Trap Bulls; Here’s How Low Traders Think It Could Decline

XRP, like most other altcoins, has been caught within a bout of sideways trading throughout the past several days and weeks The cryptocurrency’s rangebound trading may not last long, however, as analysts are now noting that it could be poised to see some major downside in the days and weeks ahead Its next notable decline could be sparked by a bull trapping movement higher Some analysts are even pointing to a fractal that suggests new […] дальше »

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It’s Decision Time for Bitcoin: These are the Price Levels Analysts are Targeting

Bitcoin has been firmly caught within a bout of consolidation over the past few days, largely hovering within the lower $9,000 region It appears that it is decision time for the cryptocurrency, as how its ongoing period of sideways trading resolves could set the tone for where it trends in the weeks ahead This next movement could be quite drastic, as some analysts are noting that it could result in a $1,000+ candle Bitcoin has […] дальше »

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Bitcoin Saw A Key Technical Breakdown: Here’s Why BTC Could Decline Further

Bitcoin started a strong decline after it broke the key $9,500 support against the US Dollar. BTC price is currently correcting higher from the $8,794 low, but upsides are likely to remain capped. Bitcoin is down more than 5% and it broke many key supports near $9,500 and $9,150. The price is now trading well... дальше »

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New to Bitcoin? Beginners Guide to Buying Bitcoin Now

Following a brutal bear market in March, bitcoin has rebounded and continues to hold strong, despite the volatility of traditional markets. Meaning a buy-in now could save you later. Those who are new to trading look at the price of bitcoin- currently hovering strongly around $8,000 per BTC, and don’t see a place to buy-in. дальше »

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Bitcoin Topside Bias Could Be Vulnerable Below $9,500 And 100 SMA

Bitcoin failed to climb above the $9,950 and $10,000 resistance levels against the US Dollar. BTC price is currently plunging and it is now vulnerable to more losses below $9,400. Bitcoin is down more than 3% from the weekly high and it is now showing bearish signs. дальше »

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Here’s Why Traders Think Bitcoin is on the Cusp of Printing a $1,000 Candle

Bitcoin has continued ranging sideways within the upper-$9,000 region following a series of rejections at $10,000 The ongoing bout of sideways trading may mark buyers’ attempt to generate increased trading activity from bulls Analysts are noting that Bitcoin is nearing the apex of a large ascending triangle The resolution of this pattern could be the impetus for BTC to print a $1,000 candle Bitcoin has struggled to garner much momentum in recent times, with its […] дальше »

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Bitcoin Open Interest on CME Sets New High as Investors Watch Pandemic’s Cost Grow

Open interest for Bitcoin futures on the CME is once again pushing higher towards fresh all-time highs This growth has not coincided with any heavy increase in trading volume, signaling that many investors are looking to use futures to gain long-term exposure to BTC BTC OI’s growth has come as one of the Fed presidents notes that the COVID-19 pandemic could drag on for significantly longer, also leading governments across the world to spend significantly […] дальше »

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ADA Breaks Out, Targets up to 690 Satoshis

Cardano (ADA) has broken out from a short-term descending resistance line. However, it is still trading inside a longer-term symmetrical triangle. A breakout from the latter could send the price to 690 satoshis. дальше »

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Bitcoin Tests Triple-Top Looking for a Breakout

The Bitcoin price is in the process of breaking out from a descending wedge This movement could take the price all the way to the closest resistance area to create a triple-top. The Bitcoin price is currently trading inside a minor support level, found at $9,550. дальше »

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Bitcoin’s Uptrend Could End if It Stays Below $10,000; Here’s Why

Bitcoin’s overnight swing to highs of over $9,900 has led the cryptocurrency to enter a firm bout of sideways trading that has persisted throughout the past day. The cryptocurrency’s market structure has been bolstered by its ability to find some stability in the mid-$9,000 region despite the multiple rejections it has faced at $10,000. Analysts... дальше »

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Investors Need to “Be Careful” About Bitcoin’s Uptrend Because of These Factors

Bitcoin attempted to push above $10,000 yesterday evening but was once again met with a significant amount of selling pressure that subsequently led it lower The benchmark cryptocurrency is now once again caught within a bout of sideways trading within the mid-$9,000 region Analysts are warning investors against getting too excited about this latest uptrend, as there are a few factors that suggest it could soon see further downside in the days and weeks ahead […] дальше »

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Bakkt Bitcoin App Now Open for Sign-Ups for Exclusive Benefits and Early Access

Institutional-grade Bitcoin (BTC) trading platform Bakkt could soon see its app hitting the market. Bakkt President, Adam White, on May 18, 2020, stated that highly-anticipated app is open for sign-ups for exclusive updates and early access. дальше »

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Bitcoin Exchange Balances are Down $3 Billion from Mid-March; What This Could Mean

Bitcoin has entered a firm bout of sideways trading as it struggles to garner any notable near-term momentum This comes shortly after its latest rejection at $9,900, which confirmed that the heavy resistance around $10,000 may prove to be insurmountable This short-term volatility doesn’t seem to be phasing investors, as data shows that exchanges have seen a balance decline of $3 billion worth of BTC since March 12th Bitcoin and the aggregated cryptocurrency market have […] дальше »

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What to Watch for Following Bitcoin’s Latest Rejection at $10,000

Bitcoin has seen some notable volatility throughout the past several hours, with Bitcoin rallying up to highs of $10,000 before facing a sharp rejection In the time since, it has been able to find some notable support despite struggling to gain enough buying pressure to extend its upwards momentum Analysts are now noting that BTC appears to be forming a fresh trading range, and there is one key level to watch that could have a […] дальше »

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Bitcoin Just Broke Its Short-Term Downtrend; Here’s How High It Could Rally

Bitcoin was finally able to recapture its position above $9,000 after an extended period of trading beneath this level The cryptocurrency now appears to be gearing up for a big push higher as it maintains a firmly bullish market structure This bullishness could be further bolstered by its recent ability to break above a descending trendline that had previously been guiding it lower After making multiple attempts to break back above $9,000, Bitcoin buyers were […] дальше »

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Ripple (XRP) Could Narrowly Avoid Major Downtrend If It Closes Above $0.20

Ripple remained strong above $0. 1900 and $0. 1920 against the US Dollar. However, XRP must surpass the $0. 2000 and $0. 2050 resistance levels to gain bullish momentum in the near term. Ripple is slowly moving higher and it is trading above the $0. дальше »

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Bitcoin Breaking 100 SMA and $9,100 Could Spark Fresh Bull Run

Bitcoin is currently consolidating above the $8,500 and $8,250 support levels against the US Dollar. BTC price seems to be setting up for a strong bull run above $9,000 and $9,100. Bitcoin is trading in a crucial range above the $8,500 and $8,200 support levels. дальше »

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Bitcoin Analysts Chillingly Anticipate Months of Consolidation for BTC: Here’s Why

Bitcoin’s third-ever mining rewards halving event concluded yesterday, subsequently reducing the block rewards for miners by 50% Much to the chagrin of traders, this event did not lead to any notable volatility, as BTC has continued to experience rangebound trading in the upper-$8,000 region Analysts are now noting that BTC’s market structure does remain bullish so long as it is trading above $8,300 Despite this, the crypto could soon be subjected to months of consolidation […] дальше »

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XRP Shatters Crucial Macro Support as Analysts Eye Serious Downside

XRP has continued to severely underperform Bitcoin, forcing it to also see some downside against its USD trading pair despite the bullish market conditions This weakness has caused the third-largest crypto to decline beneath a key last-ditch support level that was bolstering its price action Analysts are now noting that it could soon see a freefall that leads it significantly lower due to the weakness resulting from this dire technical breakdown Yesterday the aggregated crypto […] дальше »

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Here’s How Bitcoin Could Force Altcoins to Set “Major Lows”

Bitcoin has posted a notable upswing today that has allowed it to approach its next key resistance level at $9,500 The cryptocurrency’s intense uptrend is showing no signs of slowing down as it continues gaining dominance over the entire market Some analysts are now noting that altcoins could be positioned to see some serious losses in the weeks ahead as they all decline against their BTC trading pairs The aggregated cryptocurrency market has continued declining […] дальше »

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Bitcoin Halving Hype Could Give Way to Consolidation or Retracement, But what about Altcoins?

Just four days away from halving, we have some interesting next few weeks ahead of us. The world's leading digital asset is already enjoying an uptrend, currently trading above $9,800, breaking off its relation with equities after the correlation between them reached a peak during the past couple of months. This short pump is rolling […] дальше »

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XRP Prints a New Low After Over 8 Months of Consolidation, Could Drop Another 35%

The fourth-largest cryptocurrency by market cap has taken a beating while bitcoin holds its position above the $9,000 level. Down 2. 92%, XRP is currently trading at $0. 214, still recording gains of almost 11% YTD. дальше »

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Bitcoin Enjoying 8 Straight Weeks of Upside; Last Seen in 2017 It Then Printed a 30% Pullback

Since moving back above $9,000, Bitcoin is now staying over $9,300 while managing a “real” daily trading volume of about $2. 2 million. According to the trader and crypto investor, Josh Rager bitcoin is currently in a clear range where it could go on for days. дальше »

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Beware Bears: Bitcoin Above $9,500 Could Trigger A Massive Rally

Bitcoin is trading in a positive zone above $9,150 and $9,200 against the US Dollar. BTC could start a strong rally if there is a clear break above $9,400 and $9,500. Bitcoin is slowly rising towards the key $9,400 and $9,500 resistance levels. дальше »

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Bitcoin’s Next Move Up Could Create a “Very Painful” Situation for Altcoins: Here’s Why

Bitcoin saw a notable upswing today that allowed it to firmly surmount the heavy resistance it was previously facing at $9,200. Today’s price action has marked the first sustained period of trading within the $9,000 region that the cryptocurrency has seen since late-February. дальше »

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Optimism Takes Hold After Oil Futures Contracts Stabilize Above $20

Although oil prices were in free fall just a few weeks ago, most futures contracts seem to have stabilized. June futures are now trading well above $20. Could the worst of the oil price collapse be over? Analysts are feeling optimistic as oil futures continue to tick higher. дальше »

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Cryptocurrency News Roundup for May 3, 2020

After failing to sustain its bullish momentum above $9,200, Bitcoin has been on a steady decline. As of press time, it is trading just over $8,600 — a key support level. A dip below could cause it to slide further down towards $8,400. дальше »

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Bitcoin Highly Bullish Despite Correction; Here’s What Could Propel it to $10,000

Bitcoin is trading in a solid uptrend above the $8,400 and $8,800 support levels against the US Dollar. BTC is rising and it looks set for a larger rally above $9,500 and $9,800. Bitcoin corrected lower from the $9,480 swing high and tested the $8,400 support zone. It is likely to continue higher and it... дальше »

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Ethereum Rally Seems Unstoppable: Here’s Why It Could Test $250

Ethereum is up more than 12% and it broke the $220 resistance against the US Dollar. ETH price is likely to continue higher and it could even test the $240 and $250 levels. Ethereum is surging and it recently broke the $215 and $220 resistance levels. дальше »

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The Bitcoin Dominance Rate Could Soon Confirm Its Trend

The Bitcoin dominance rate has been increasing since Feb. 15. Since then, it has been trading inside a neutral area between two trading ranges, with its future direction being still unclear. Well-known cryptocurrency trader @Altcoinsherpa posted a long thread about the Bitcoin dominance rate (BTCD), eventually coming to the conclusion that June would be a […] The post The Bitcoin Dominance Rate Could Soon Confirm Its Trend appeared first on BeInCrypto. дальше »

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Cryptocurrency News Roundup for April 28, 2020

Bitcoin resumed its upward momentum Wednesday as the price inched closer towards $8,000. The benchmark cryptocurrency closed the day above the key resistance area around $7,800. While $8,000 remains untouched during the current rally, optimistic traders believe that a new bull run could be in the cards, especially considering that the BTC price currently trading […] The post Cryptocurrency News Roundup for April 28, 2020 appeared first on BeInCrypto. дальше »

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Bitcoin Prices Could Still Dump Before the Halving

Despite excitement around the soon-to-come Bitcoin halving, BTC’s price could still very well drop. Here are the indicators suggesting volatility is on the horizon. Low Trading Volumes Behind Bitcoin Despite...The post Bitcoin Prices Could Still Dump Before the Halving appeared first on Crypto Briefing. дальше »

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Ethereum Forms Grim “Triple Top” Formation as 92% of Traders Go Long

Ethereum has pushed higher despite Bitcoin’s stability, leading bulls to retest its key near-term resistance The cryptocurrency is on the cusp of forming a highly bearish technical formation that could be confirmed if it posts another harsh rejection at its current price level This comes as 92% of traders on Bitfinex go long on ETH, signaling that a long squeeze may be imminent Although Bitcoin has continued extending its bout of rangebound trading within the […] дальше »

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Bitcoin Persists in Battle to Reclaim Crucial $8,000 Resistance Level

The Bitcoin price is trading inside both a long and short-term ascending channel. The price is approaching a confluence of resistance levels found near $8,000. A definitive breakout above this level could indicate that the price has begun a new upward trend. дальше »

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