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Waning Demand for Bitcoin Spells Trouble for Where it Goes Next

Bitcoin saw a slight decline overnight that caused it to invalidate some of the strength that was previously guiding it towards $10,000 It now appears that the crypto is positioned to see further downside as its technical outlook degrades Analysts are pointing to waning demand and growing supply as reasons why the benchmark crypto could soon decline lower It is important to note that this decline could lead BTC as low as the $7,000 region […] дальше »

2020-6-6 21:00


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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


Crypto Tidbits: Bitcoin Halving, Reddit Using Ethereum, JP Morgan Dabbles in Crypto

Another week, another round of Crypto Tidbits. Bitcoin has seen quite the tumultuous week, The cryptocurrency started off the week with a bang, collapsing from ~$9,700, the weekly open price, to a low of $8,100, in a dramatic sell-off that liquidated over $200 million worth of long positions on BitMEX and hundreds of millions of more... дальше »

2020-5-17 07:00


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This Macro Trend Signals Ethereum Will Soon Reach $40, Notes Analyst

Ethereum has seen all of its recent upswings grow weaker throughout the past several months Underlying weakness amongst ETH buyers could be enough to lead the cryptocurrency to as low as $40-50 by the end of 2021 Ethereum, like Bitcoin and most other cryptocurrencies today, has further extended the downwards momentum that was first sparked yesterday when the crypto lost its recent momentum and declined from highs of $190. This current weakness appears to be […] дальше »

2020-4-21 23:00


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Crypto Price Analysis April 16: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK

In the early hours of April 16, the BTC price reached a low of $6,461. However, it immediately reversed its trend and has reached a high of $7,147 within the same day. This increase could have been caused by the printing of $120 million Tether (USDT), which occurred slightly prior to the price beginning its […] The post Crypto Price Analysis April 16: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK appeared first on BeInCrypto. дальше »

2020-4-17 19:15


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What Could Drive Bitcoin Price Back to $5K?

Bitcoin has experienced some wild fluctuations again on Monday. Initially, it surged to a daily peak at $5,823 but then shed almost $1,000 to a daily low $4,857. What can bring the crypto back to a support level of $5,000? Trading Below $5k is New Norm Last Thursday, Bitcoin couldn’t resist the COVID 19-induced panic that crashed stock markets and broke below the $5,000 level for the first time since April 2019. On Friday things […] дальше »

2020-3-17 14:00


Bitcoin will be Just Fine, Here’s Why a 45% Crash is Still a Buy the Dip Opportunity

In a crypto carnage yesterday, Bitcoin price lost about 45% of its value, falling to one year low of $3,850. Currently, we are back above $5,200, nearing $5,500 but the market still remains fearful of what’s to come now, go another leg lower, range at current levels or make our way back. As Michael Arrington, […] дальше »

2020-3-14 18:20


Bitcoin Paints V-Shape Recovery after Crashing to $3.8K; More Pain Coming?

Highlights: Bitcoin plunges to $3.8K for the first time since April 2019. The cryptocurrency’s deep dive came alongside a massive liquidation spree on the BitMEX crypto exchange. The price recovered by $2,000 but left the market in further distress, especially amidst the rising Coronavirus risks on global financial markets. Bitcoin fell to its 10-month low... дальше »

2020-3-13 15:31


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Bitcoin Dips Below $4K to 1-Year Low, What’s Next?

Bitcoin used to show little correlation with traditional assets, but the worst day for the US and European stock markets in three decades turned into one of the worst days for the crypto space. Bitcoin Plummets to $3,858 on Coinbase On Friday morning, many crypto exchanges saw Bitcoin tumbling to a daily low at around $3,800, after which it quickly returned to above $4,000. дальше »

2020-3-14 12:26