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Bitcoin’s Recent Price Action Marks a “Dream Scenario” for Bulls; Here’s Why

Bitcoin’s bout of consolidation appears to be drawing to a close, with the benchmark crypto now gaining some serious momentum Bulls finally broke the long-held trading range that the crypto had previously been stuck within, which is providing BTC with immense strength The crypto’s rally is allowing it to regain some dominance over the aggregated market, with Ethereum and many altcoins all dropping slightly against their BTC trading pairs One trader is noting that this […] дальше »

2021-1-25 22:00


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This “Death Cross” Suggests Bitcoin Could See Immense Turbulence

Bitcoin has seen a rocky past few days and weeks, with the cryptocurrency seeing notable losses that came about after it first broke below $19,000 The selling pressure below this level has been quite intense in the past, but usually the crypto posts “v-shaped recoveries” that help it reclaim this as support Unlike in weeks past, BTC has yet to see any massive inflows of buying pressure that could help spark a strong upside movement […] дальше »

2020-12-12 02:00


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Bitcoin is Resting on a Crucial Support Level; Here’s What Analysts are Saying

Bitcoin and the entire crypto market stalled following the decline seen yesterday afternoon, with bull stepping up and slowing the descent This has marked a continuation of the bear-favoring trend seen throughout the week, as the cryptocurrency has been facing tremendous selling pressure This all began when BTC first broke below $19,000, as this has long been a pivotal level for the cryptocurrency Where the crypto trends in the mid-term should depend largely on where […] дальше »

2020-12-11 21:00


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Etherereum Faces a Slight Selloff as Analysts Eye Downside Move to $550

Ethereum broke below $600 once again following what appeared to be a sustained bout of trading above this level The selling pressure seen here has proven to be quite intense, and may continue slowing the crypto’s ascent The crucial resistance level to watch closely sits at $620, as this level has sparked numerous rejections for the cryptocurrency If ETH is to gain any near-term momentum, $600 must be firmly reclaimed One trader believes that there’s […] дальше »

2020-12-5 23:00


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Macro Strength: Bitcoin’s Price Moves Higher Despite Plethora of Bad News

Bitcoin faced some intense selling pressure yesterday evening after news broke regarding the founder of OKEx being arrested by the Chinese authorities This is simply another set of news that has rocked the crypto market, but its impacts on Bitcoin’s price action has been surprisingly muted It does not appear that investors aren’t too concerned that the prospect of OKEx users losing their BTC will strike a blow to the crypto’s technical outlook Some analysts […] дальше »

2020-10-17 21:00


This On-Chain Data Suggests Unannounced Companies are Accumulating Bitcoin

The crypto community was ablaze with joy after news broke regarding Square’s decision to buy Bitcoin to hold as a reserve asset This decision came about just months after MicroStrategy made a similar choice, albeit on a larger scale If this trend gains steam as the dollar continues seeing unprecedented inflation, it could be a catalyst for massive BTC upside The significance of this should not be understated, but data seems to indicate that Square […] дальше »

2020-10-10 02:00


VanEck Director Hints At Something Coming To Bitcoin Bigger Than Coinbase IPO

A discussion recently broke out on crypto Twitter speculating about the importance of the upcoming Coinbase IPO and its impact on Bitcoin and the greater cryptocurrency industry. And while there’s no denying the significance of a stock market listing for one of the most recognizable crypto brands in the world, another finance exec has been […] дальше »

2020-9-12 22:00


Bitcoin is Poised to Explode Towards $11,000 After Tapping Key Liquidity Region

The crypto market has been battered throughout the past few days, with sellers gaining a serious edge over buyers as they force most digital asset prices lower The strength of this selling pressure has been enough to cause some major altcoins like Ethereum to post monumental losses, with ETH plunging to lows of $330 while Bitcoin briefly broke below $10,000 It is important to note that BTC’s latest breakdown was quickly absorbed by bulls, who […] дальше »

2020-9-6 19:00


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Bitcoin Just Broke a Crucial Trendline as Bulls Take Aim at $12,000

Bitcoin and the entire crypto market have been flashing some signs of strength throughout the past couple of days BTC has firmly moved into the mid-to-upper $11,000 region, with bulls now trying to garner enough strength to push it up towards its high time frame resistance at $12,000 Whether or not this level is tapped in the near-term should offer some significant insights into its near-term trend Analysts are now pointing towards a recent trendline […] дальше »

2020-8-31 19:08


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Ripple (XRP) breaks support as the platform faces lawsuit in Australia

Ripple (XRP) price broke below key short-term support at $0. 27 as the sellers assumed control of the price action. In the meantime, the crypto giant is facing a lawsuit in Australia.   Fundamental analysis: Legal troubles for Ripple A large Australian financial services company is pressing charges against the crypto company Ripple Labs on trademark infringement allegations. дальше »

2020-8-29 18:04


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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Why Analysts Think It’s Time To Go Long On Bitcoin

The secret to breaking bitcoin’s sideways price movement is to call it a stablecoin, the crypto community has learned. The community is currently buzzing with activity and excitement, as bitcoin broke out from its below $9200 resistance to reach $9500 and is currently trading green at a little below $9600. With much speculation and analysis […] дальше »

2020-7-26 18:52


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Bitcoin Aims High, Is DeFi a Bubble? ICX & DUSK Technicals (and More): Crypto News Roundup

Despite some volatility, the Bitcoin price remained, by and large, stable last week as it hovered in a range between $9,250 and $9,500. The bulls may have a slight upper hand at this juncture. The alpha-crypto broke out from a descending resistance line yesterday and now appears to be aiming for an upward move towards […] The post Bitcoin Aims High, Is DeFi a Bubble? ICX & DUSK Technicals (and More): Crypto News Roundup appeared first on BeInCrypto. дальше »

2020-6-23 18:35


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Bitcoin Just Broke Its Parabolic Uptrend; Here’s What Traders are Saying

Bitcoin’s recent volatility has done some damage to its underlying market structure, despite it being able to post an ardent defense of the lower boundary of its long-established trading range. Yesterday, the crypto plunged to lows of $9,000 before finding any strong support, but it has since been able to rebound from these lows. Despite […] дальше »

2020-6-12 19:00


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Bitcoin’s Break Below a Key Level has Opened the Gates for a Move to $5,900

Following an extended bout of sideways trading within the $9,000 region, Bitcoin has now firmly broke below this range as it trades around $8,800 Although the crypto has ardently defended its near-term support, its technical outlook does appear to be rapidly degrading Some analysts are even noting that its latest breakdown has opened the gates for it to see a movement that leads it as low as $5,900 in the weeks and months ahead Bitcoin […] дальше »

2020-5-26 02:00


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Crypto Price Analysis May 6: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK

On May 6, the Bitcoin price finally broke out from the resistance line it had been following over the past week. This could be a sign that the BTC price is ready to move towards new highs. In this article, we will take a look at the Bitcoin price movement, along with nine other cryptocurrencies, […] The post Crypto Price Analysis May 6: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK appeared first on BeInCrypto. дальше »

2020-5-7 01:37


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5 Reasons Why Crypto Will Get Through COVID-19 Outbreak

Since the novel coronavirus has been officially declared a pandemic, the crypto space has been flooded with negative opinions about the future credibility of digital assets. As the disease has spared no single industry, including the cryptocurrency market, and brutally broke down the myth about Bitcoin being a safe haven option, most crypto holders have […] дальше »

2020-4-9 22:48


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‘Buy Bitcoin’ Searches Skyrocket, Exchange Volumes Spike, Crypto Account Signups Swell 83% As Coronavirus Fears Heighten

Exchange data and statistics from Google Trends, Twitter, and Baidu show that despite the recent price drop people are looking to buy bitcoin. During the week of the crypto market massacre that started on March 12, Coinbase broke traffic records and witnessed considerable trade volumes. дальше »

2020-3-22 22:30