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Bitcoin May be Topping Out After Buyers Lost a Key Level

Bitcoin has fallen back into the upper-$8,000 region after facing yet another firm rejection at $9,200 This latest rejection marks the third one that the cryptocurrency has seen in recent times, signaling that the resistance here could ultimately prove to be insurmountable Analysts are now noting that Bitcoin is flashing signs of forming a local top, signaling that the crypto is now poised to see further downside in the days and weeks ahead Bitcoin has […] дальше »

2020-5-4 19:00


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The Dow Jones Slid 1,000 Points Over the Past Few Days: Will Bitcoin Follow Suit?

Bitcoin has expressed a striking correlation to the traditional markets throughout the past several weeks This correlation has shown some tempered signs of breaking throughout the past couple of days due to BTC’s overwhelmingly bullish price performance It remains unclear as to just how long this trend will persist, as some analysts are warning that the stock market could halt the cryptocurrency’s uptrend Bitcoin has seen some incredibly bullish price action throughout the past several […] дальше »

2020-5-3 19:26


Here’s Why Amazon’s 7% Plunge Today Could be a Warning Sign for Bitcoin

The stock market’s striking correlation to Bitcoin throughout the past few months still appears to be holding strong, even despite Bitcoin’s intense rally seen over the past couple of days. It now appears that this correlation could once again prove to be highly negative for the benchmark cryptocurrency, as some major components of the market... дальше »

2020-5-2 02:00


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Bitcoin Could Soon Break its 200-Day MA, Triggering Next Uptrend

Bitcoin has been able to once again push into the upper-$7,000 region after facing multiple rejections here throughout the past few days The cryptocurrency is pushing up against its 200-day moving average – a key trend-determining level A break above this 200-day MA could spark a major upside movement, with some analysts thinking this is imminent After facing multiple harsh rejections within the upper-$7,000 region throughout the past couple of days, Bitcoin has been able […] дальше »

2020-4-28 21:00


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Ethereum Showing Signs of Tiredness as Analysts Expect Underperformance

Ethereum is in the process of surmounting the key $200 resistance level as its bullishness grows The cryptocurrency’s rebound from its March lows has been intense, although analysts are noting that a strong pullback could be in the cards This comes as traders note that they anticipate ETH to underperform Bitcoin in the days and weeks ahead Ethereum is now in the process of rallying up to $200, marking a significant extension of the momentum […] дальше »

2020-4-26 22:00


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This Crypto Could Soon Explode as it Peeks Over Massive Resistance

While the aggregated crypto market consolidates following the recent upswing, Tezos has continued climbing higher as it expresses further signs of strength against many of its peers. This strength has now led the crypto to push above a key horizontal resistance region that was significantly hampering its price action in the past, with a confirmed break above this level potentially opening the gates for significant upside in the days and weeks ahead. The move past […] дальше »

2020-4-19 23:00


Bitcoin Could “Teleport” Higher if It‘s Able to Surmount This Key Level

Bitcoin’s price action seen throughout the past few days has quite boring for traders, with the benchmark digital asset forming a relatively tight trading range between $6,600 and $6,800. This period of range-bound trading comes shortly after the crypto’s intense rebound from its recent lows within the $3,000 region, with the momentum incurred here being... дальше »

2020-3-27 21:00


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Massive Exchange Outflows Indicate Bitcoin (BTC) Could Be On The Verge Of Racing Into Bull Market

Since the historic crash on March 12, bitcoin (BTC) has been trading sideways over the past couple of days. Data from CryptoQuant showed that BTC whales moved their coins from wallets to major exchanges a few days prior to this crash which could have translated into the big dump. The good news is that the […] дальше »

2020-3-27 13:57


This One Trend Could Be a Precursor to An Even Bigger Bitcoin Rally

Despite the retracement since Friday’s $6,900 top, Bitcoin remains decisively higher than it was three days ago, when it was wallowing in the low-$5,000s as investors feared a deeper crash.  According to a prominent cryptocurrency trader, a trend has appeared on BitMEX’s futures market that suggests bulls remain in control. BitMEX’s Funding Rate Signals Good... дальше »

2020-3-22 08:17


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Bitcoin Price Plunge To $2K Just Weeks Before Halving Expected, Prominent Analyst Claims

The bitcoin miners reward halving is slated for around May 9, basically 54 days away. This event is supposed to be a bullish catalyst based on the fact that bitcoin’s supply will reduce. However, before this event occurs, there’s a possibility that bitcoin could see a drop to the $2K level – which should not […] дальше »

2020-3-19 22:14


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This news proves the crypto industry isn’t dead even after Bitcoin’s 50% crash last week

Glancing at Bitcoin’s price performance over the past week, punctuated by a 50 percent decline on the days Mar. 12 and 13, it’s easy to say that “crypto is dead.” Case in point: Peter Brandt, a long-time commodities trader that once said BTC could hit $50,000 and beyond, recently argued that if he looks at […] The post This news proves the crypto industry isn’t dead even after Bitcoin’s 50% crash last week appeared first on CryptoSlate. дальше »

2020-3-18 03:30


This Simple Indicator Shows Bitcoin Could be Poised for a Major Bounce

It has been a rough past few days for Bitcoin (BTC) and the aggregated cryptocurrency market, with the benchmark crypto’s ongoing downtrend leading most major altcoins to see capitulatory selloffs. This bout of significant downside is occurring against a backdrop of bearishness within the global markets, and BTC’s confirmed status as a “risk-on” asset seems... дальше »

2020-3-10 00:00


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3 Crucial Reasons Why Bitcoin Could Soon Surge Higher From $8,500

Over the past few days, Bitcoin has finally stabilized after the strong price crash seen on Sunday through Wednesday that took BTC from $10,000 to $8,400. While some analysts fear that this consolidation is a precursor to another leg lower, referencing the fact that assets never trend in a straight line, there’s a case building that this is consolidation is indicative of a bottom. дальше »

2020-3-2 02:54