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Bitcoin Could Be Mirroring This Extremely Bullish Gold Fractal from the 1970s

Bitcoin is currently caught within a strong upswing following its recent selloff Bulls are pushing the crypto towards $18,000 as they move to erase its recent losses Where it trends next will depend largely on how sustainable this ongoing move higher is One investor is now noting that a gold fractal from the 1970s seems to indicate that this selloff could be followed by a powerful push higher in the days and weeks ahead Bitcoin […] дальше »

2020-11-29 01:00


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Analyst: Altcoin Downside Extremely Limited as Bitcoin Remains Stable

Bitcoin has been stable in the time following its $13,800 rejection, with bulls gaining some momentum as the cryptocurrency flashes continued signs of strength Although it is not showing any overt signs of weakness at the moment, altcoins have been capitulating throughout the past few days and weeks, with many posting immense losses Analysts are now noting that altcoins may be in the process of forming mid-term bottoms One trader is noting that downside on […] дальше »

2020-10-31 21:00


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Bitcoin Reaches Multiple Key Resistance Levels; Will They Spark a Selloff?

Bitcoin’s price has reached multiple key levels as a result of its latest push higher This rally came about rather unexpectedly overnight and drove many altcoins to see immense losses This is one of the rare days where Bitcoin is trading up significantly while altcoins all reel lower It remains unclear as to whether or not this will be the new norm for the next few weeks or if today’s price action is simply a […] дальше »

2020-10-21 02:00


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Analyst: Chainlink Looks “Weak and Heavy” as It Flashes Signs of Bearishness

Chainlink has witnessed some intense selling pressure throughout the past couple of days, with the cryptocurrency being unable to mirror the gains seen by Bitcoin today. These losses have struck a blow to its technical outlook, potentially opening the gates for it to see further downside in the coming weeks and months. While speaking about […] дальше »

2020-9-16 02:00


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


Analyst: Bitcoin May “Teleport” to $13,000 if It Breaks Key Level

Bitcoin is currently caught in an unwavering consolidation phase within the upper-$11,000 region This is where the cryptocurrency has been trading throughout the past several days Unless buyers step up and shatter the resistance that sits around $12,000, the crypto could be poised to see notable losses One analyst is now noting that he is closely watching the price region between $11,800 and $12,000, as a firm close above this level could lead BTC to […] дальше »

2020-8-8 02:00


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Chainlink’s Violent Rejection Leads it to Crucial Support; Will It Hold?

Bitcoin has been stealing altcoins’ thunder over the past several hours, with many smaller tokens plummeting as BTC surges past $9,400 Chainlink, despite its overt strength, is one example of a token that has posted major losses over the past day This latest decline marks an extension of the downtrend that it has been caught within throughout the past few days It has now reached a crucial support level that bulls are attempting to defend […] дальше »

2020-7-22 23:00


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 Will Confirm a Massive Bearish Distribution Pattern if it Breaks $8,600

Bitcoin’s long-held consolidation phase came to an end yesterday evening when sellers pushed the benchmark cryptocurrency below $9,000 Although buyers stepped up and quickly defended against further losses, they have been unable to catalyze any type of sharp recovery It now appears that BTC is well positioned to see a notable decline in the days ahead as sellers target the key support at $8,600 If this level is broken below, a massive distribution pattern will […] дальше »

2020-6-16 21:00


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Bitcoin’s Consolidation is Likely to Lead it to $9,200 Next; Here’s Why

Bitcoin has continued consolidating following a bout of intense volatility yesterday that sent it into the $10,000 region This movement was short-lived, and the tap of this resistance level was once again followed by a firm rejection Analysts are now noting that the cryptocurrency is growing weaker as it continues trading beneath its resistance This could open the gates for BTC to post some notable losses in the days and weeks ahead, with one analyst […] дальше »

2020-6-12 21:00


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Analysts Flip Short on Ethereum as Likelihood of a Sharp Decline Grows

Ethereum has begun finding immense stability within the $190 region following its recent dip to lows of $180 seen yesterday The cryptocurrency has been flashing some immense signs of weakness against its BTC trading pair throughout the past few weeks Multiple analysts are now noting that they anticipate ETH to decline further in the days and weeks ahead, potentially seeing losses that send it as low as $150 in the near-term Ethereum has seen a […] дальше »

2020-5-13 23:00


Bitcoin dominance on display as altcoins - XRP, LINK, Dogecoin endure significant losses

After witnessing bull run since the end of April, the king coin - Bitcoin's fortunes saw a reversal in its trading price during the course of the past two days. However, Bitcoin's price action has infThe post Bitcoin dominance on display as altcoins - XRP, LINK, Dogecoin endure significant losses appeared first on AMBCrypto. дальше »

2020-5-10 12:00


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Bitcoin Surged Past $9,000, But the Technical Feat Hides a Shocking Twist

This morning, something very important came to pass: Bitcoin’s monthly candle for April finally closed. It was an occurrence closely watched by many crypto traders and investors. At first, many thought the close was decisively bullish; due to the stunning recovery that has transpired over the past few days, April saw Bitcoin entirely negate the losses sustained during March, with the candle closing around $8,700. дальше »

2020-5-1 15:00


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Bitcoin on Brink of Serious Downside as Risk of Losing Support Grows

Bitcoin is at risk of seeing further downside as it tests a key descending trendline Some top traders are warning of BTC posting major losses in the coming days and weeks In the time following the tempered signs of weakness Bitcoin showed yesterday when it dipped below its key support at $7,200, the benchmark cryptocurrency has further extended this downtrend as bulls now defending against a dip below $7,000. This weakness has led BTC down […] дальше »

2020-4-21 21:00