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Ethereum‘s Record High Correlation With Bitcoin Could Lead to Major Losses
Ethereum has formed a record-high correlation with Bitcoin over the past couple of weeks This comes as ETH’s movements start aligning with those seen by BTC in a way that hasn’t been seen before If this correlation persists, the cryptocurrency’s next trend could largely depend on that of BTC That being said, this could suggest that Ethereum is poised to see some notable near-term losses, as analysts widely believe Bitcoin is positioned to see some major downside […] дальше »
2020-7-19 22:00 | |
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This Technical Pattern Could Send Ethereum to New Yearly Highs
Ethereum has been closely tracking Bitcoin’s price action throughout the past several days and weeks. This has made it exposed to some near-term downside, as BTC is currently sitting just a hair above the lower boundary of its long-held trading range between $9,000 and $10,000. дальше »
2020-7-18 00:00 | |
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This Technical Structure Signals Bitcoin is Coiling Up for a Major Downside Break
Bitcoin does not appear to be in a good position at the present moment Bears are currently attempting to push it below its long-held support at $9,000 This comes just a week after the crypto posted two consecutive rejections at $9,400 Its inability to push higher coupled with mounting selling pressure suggests downside could be imminent Analysts concur with this notion, with one pointing to a technical structure as a reason why he is anticipating […] дальше »
2020-7-17 02:00 | |
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Technicals Suggest Bitcoin Likely To Target Fresh Monthly High Above $9,400
Bitcoin traded as high as $9,377 before starting a downside correction against the US Dollar. BTC is currently up holding the $9,200 support and it could continue to rise steadily. Bitcoin is trading in a positive zone above the $9,200 and $9,180 support levels. дальше »
2020-7-8 06:58 | |
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Bitcoin is Coiling Up for a Massive Downside Movement; Here’s Why
Bitcoin is now inching down towards its crucial near-term support at $9,000, with bears placing enough selling pressure on the crypto to jeopardize its consolidation phase BTC has broken below this level on previous occasions, although each journey into the upper-$8,000 area has proven to be short-lived There now appear to be multiple signs suggesting that BTC is preparing to make a massive downside movement This move, should it happen in the near-term, could pierce […] дальше »
2020-7-6 19:00 | |
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It’s “Do or Die” for Bitcoin After Being Rejected at a Crucial Technical Level
Bitcoin’s buyers attempted to spark a rally yesterday but were stopped short when it was rejected at $9,300 The crypto has since been trading directly beneath this level, struggling to garner any further buying pressure This resistance coincides closely with a critical technical level that buyers have been struggling to surmount It does appear that the crypto could be positioned to see further downside in the days ahead if buyers fail to break this resistance […] дальше »
2020-7-3 02:00 | |
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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 to Correct Throughout Summer Months as Analysts Eye Major Downside
Bitcoin’s consolidation phase has persisted, with the cryptocurrency continuing to trade sideways as it hovers around $9,360 The cryptocurrency has struggled to garner any notable momentum, showing some signs of weakness as it continues trading around the lower boundary of its range It does appear that it could be poised to see further near-term weakness due to it forming a weak technical structure This could spark a correction that causes it to decline throughout the […] дальше »
2020-6-22 19:00 | |
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Bitcoin Avoids Forming a Death Cross; Instead Confirms Bullish Triangle Pattern
Bitcoin’s sharp decline seen yesterday put it in peril of losing its macro technical strength and seeing even further downside The cryptocurrency has been able to largely invalidate this weakness, as it is now pushing up towards its previous consolidation channel Its strong reaction to its recent lows allowed it to narrowly avoid forming a so-called “death cross” on its cloud indicator It also confirmed the existence of a bull-favoring ascending triangle that could fuel […] дальше »
2020-6-17 02:00 | |
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Ethereum Likely to Dive Towards $200 as Overnight Selloff Rattles Market Structure
Ethereum has decline today alongside Bitcoin and the aggregated crypto market, breaking below a key support level that was previously being defended by buyers It now appears that ETH could be well positioned to see even further downside in the days and weeks ahead One technical indicator is forecasting that it will plunge to $200 before it is able to garner any notable buying pressure This could lead it to break below a key support […] дальше »
2020-6-16 23:00 | |
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Analysts Target a Sub-$200 Move for Ethereum Once it Taps This Crucial Level
Ethereum has been closely tracking Bitcoin’s price action throughout the past several weeks and months The cryptocurrency did recently form an incredibly bearish technical pattern that analysts are still closely watching There’s a strong possibility that the crypto could be positioned to see notable downside in the near-term due to this pattern One analyst is even targeting a movement down to the sub-$200 region This price action could be magnified by a recent surge in […] дальше »
2020-6-15 22:00 | |
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Ethereum’s Surging Open Interest Could Fuel an Explosive Downside Movement
Ethereum has been caught in the throes of an intense multi-week period of consolidation alongside Bitcoin and the aggregated crypto market Analysts do believe that ETH is coiling up to make a large movement as its open interest begins ballooning This OI trend is a sign that the next large move that it makes will be magnified It is possible that this movement will favor sellers due to the strong nature of the resistance that […] дальше »
2020-6-12 23:00 | |
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Ethereum is Coiling Up to Make a Big Movement; Here’s Why it May Favor Bears
Ethereum, like Bitcoin, has been caught within a long-held bout of sideways trading over the past week This consolidation has made it increasingly unclear as to which direction it will trend next It has largely come about as a result of the lackluster price action seen by Bitcoin in recent times Analysts do believe that ETH could be poised to see some notable downside if it is unable to push higher in the days and […] дальше »
2020-6-11 23:00 | |
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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 »
2020-6-9 21:00 | |
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Here’s the Single Factor that Could Trigger a Bitcoin Selloff to $7,600
Bitcoin has entered a firm consolidation phase as it struggles to garner any notable upwards momentum It does appear that the resistance existing within the upper-$9,000 region is insurmountable, with another rejection here potentially proving to be grave There are a few factors that suggest the cryptocurrency is poised to see some notable downside in the days and weeks ahead One such factor is the existence of a CME futures gap at $7,600. This coincides […] дальше »
2020-6-6 02:00 | |
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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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Crypto Market in Peril of Seeing Major Downside as Bitcoin Strength Wanes
The entire crypto market is currently consolidating as buyers and sellers reach an impasse following yesterday’s movement It now appears that the market could be positioned to see massive near-term downside due to some warning signs being flashed by Bitcoin If the benchmark cryptocurrency does lead the market lower, altcoins could severely underperform it Bitcoin and the entire crypto market have seen some calmness throughout the past day, struggling to garner any directionality in the […] дальше »
2020-6-4 23:00 | |
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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 »
2020-6-3 21:00 | |
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Bitcoin at Risk of Collapsing to $7,000 as Selling Pressure Ramps Up
Bitcoin has been finding some slight support at $8,800 throughout the past day, but the buying pressure here appears to be quickly degrading The crypto is also on the cusp of breaking below a technical formation that could spark some serious downside If it bears are able to shatter the slight support that has been established at $8,800, the cryptocurrency could then see a sharp move that sends it rapidly reeling down to the $7,000 […] дальше »
2020-5-27 02:00 | |
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Crypto Market Faces Massive Resistance as Traders Expect Altcoins to Dive
The crypto market is flashing some overt signs of weakness as Bitcoin leads most major altcoins lower Although some smaller tokens have been able to escape these losses, the aggregated market recently tapped a major resistance level, opening the gates for major downside This has led traders to widely note that Bitcoin and other major alts like Ethereum could be positioned to see immense losses in the near-term Bitcoin and the aggregated crypto market have […] дальше »
2020-5-27 23:00 | |
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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 »
2020-5-24 22:00 | |
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This Fractal Pattern Puts XRP at Grave Risk of Seeing Massive Downside
XRP has been largely hovering around the $0.20 region in recent times, failing to garner any decisive momentum as the aggregated market stalls The crypto’s lack of growth in recent times has led it to surrender its spot as the third largest digital asset to stablecoin Tether (USDT) One analyst is now pointing to a grim fractal pattern that shows the cryptocurrency could be at grave risk of seeing a massive downside movement in the […] дальше »
2020-5-22 23:00 | |
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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 »
2020-5-19 23:00 | |
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Bitcoin's Price Nears ‘Golden Cross,’ but Will BTC Finally Conquer $10K?
Bitcoin's price is encouragingly posting higher lows while being rejected by the $10,000 level suggests that more downside could be expected.
дальше »2020-5-16 17:43 | |
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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 »
2020-5-9 23:00 | |
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Ethereum Narrowly Avoids a Bloodbath as Bulls Struggle to Defend Critical Support
Ethereum saw a sharp overnight selloff that caused it to briefly dip into the sub-$200 level, putting it at grave risk of seeing a capitulatory decline Buyers were able to guard against this, however, and subsequently propelled the cryptocurrency back into the $200 region It now appears that ETH could still be at risk of seeing significant near-term downside, however, as a failure for it to surmount a resistance level it is currently stuck below […] дальше »
2020-5-8 23:00 | |
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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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Bitcoin Could Correct Further To 100 SMA at $8,200 Before Fresh Increase
Bitcoin rallied to $9,500 before starting a downside correction against the US Dollar. BTC price might dip towards the $8,200 support zone before a fresh increase. Bitcoin jumped more than 20% and tested the main target of $9,500 (as discussed yesterday). дальше »
2020-5-1 06:28 | |
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Ethereum Price Eyeing Downside Thrust Before A Fresh Rally
Ethereum is following a short term declining pattern from the $198 resistance against the US Dollar. ETH could spike towards the $188 or $185 support before it rallies above $200. Ethereum is slowly moving lower after it failed to surpass the $198 and $200 resistance levels. дальше »
2020-4-28 07:48 | |
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Ethereum Trading Near Make-or-Break Levels: Key Supports To Watch
Ethereum is still struggling to clear the main $200 resistance against the US Dollar. ETH could start a short term downside correction if it continues to struggle near $200. Ethereum is currently trading in a range below the $200 and $202 resistance levels. дальше »
2020-4-27 07:38 | |
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Top traders make a strong case for why Bitcoin could drop sub-$3,000 by 2021
Bitcoin’s recent rally may simply be a fleeting dead cat bounce that is ultimately followed by significantly further downside – a grim theory that is supported by multiple top cryptocurrency analysts. дальше »
2020-3-23 18:00 | |
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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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Watch Out Bulls: Ethereum Could See Serious Downside if It Loses This Level
Ethereum’s price action over the past few days has been lackluster, with the cryptocurrency trending sideways as Bitcoin and the aggregated crypto market struggle to establish a decisive short-term trend. дальше »
2020-3-5 02:15 | |
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Ethereum Gearing For Another Lift-Off to $300: Rally Isn’t Over Yet
Ethereum started a downside correction from the $288 high against the US Dollar, similar to bitcoin. ETH price is now forming a strong support above $260 and it could climb higher again. ETH price is trading with a solid bullish sentiment above the $260 level against the US Dollar. The price corrected lower recently, but... дальше »
2020-2-16 07:48 | |
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Ripple (XRP) Drops 5% On The Day And It’s Vulnerable For Bigger Decline
Ripple is declining from the $0. 2900 resistance area against the US Dollar. XRP price broke $0. 2700 and it could continue to correct lower towards the $0. 2600 support. Ripple price started a downside correction after it failed to test $0. дальше »
2020-2-11 07:28 | |
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XRP's surge hits a barricade: 10% to 17% downside in the next 10+ days
XRP, the third-largest cryptocurrency, pumped recently, however, the pumps might face an uphill battle, at least in the short term; the decline could push XRP anywhere between 10% and 17%. However, thThe post XRP's surge hits a barricade: 10% to 17% downside in the next 10+ days appeared first on AMBCrypto. дальше »
2020-2-10 22:00 | |
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Bitcoin Ducks Deep Pullback against Euro and One Strong Fundamental Could be Behind It
Bitcoin is looking attractive against the Euro as the European Central Bank signals it will leave negative rates intact. The bitcoin-to-euro exchange rate on January 24 ducked a deep downside attempt after bouncing back from its local support of €7,4577. дальше »
2020-1-27 17:00 | |
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Bitcoin Saw a “Mega Rejection” at $9,200, And It Should be Worrisome for Bulls
Over the past few days, Bitcoin (BTC) has stalled, finding itself between a rock and a hard place. Many analysts are currently undecided where the cryptocurrency will go in the next few weeks, though one top trader recently noted that BTC’s price action at $9,200 could be a precursor to more downside. дальше »
2020-1-27 12:30 | |
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Sorry Bears, Bitcoin Is Still In Mid-Term Uptrend: Here’s Why
Bitcoin started a downside correction from the 2020 high at $9,191 against the US Dollar. However, BTC price is still in an uptrend and it could find buyers near $8,000 or $7,670. Bitcoin price started a short term downside correction below $9,000 and $8,800. дальше »
2020-1-26 08:50 | |
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Ethereum could be primed for a move to over $200 despite ongoing selloff
Ethereum (ETH) has been closely tracking Bitcoin’s price action over the past couple of weeks, which allowed it to post massive gains throughout the first part of the month, before setting a local top that has been followed by firmly bearish downside. дальше »
2020-1-24 10:00 | |
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Bitcoin Cash Price (BCH) Is Sliding and Here Is Why It Could Tumble
After a strong upward move, bitcoin cash price formed a top near the $405.00 area. Recently, BCH to USD started a downside correction and it is now at a risk of more losses below $335.00. Key Takeaways: BCH/USD Bitcoin cash price is slowly declining and it is now trading below the $350.00 support against the […] дальше »
2020-1-23 16:47 | |
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Bitcoin Is Plunging, But It’s Too Early To Say Bulls Have Given Up
Bitcoin failed to extend gains above $9,200 and started a downside correction against the US Dollar. BTC price tested the $8,500 support and it could bounce back. Bitcoin price is down more than 5% from the $9,186 high against the US Dollar. дальше »
2020-1-20 08:30 | |
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Here Is Why Dips In Ethereum Could Be A Trap By The Bulls
Ethereum rallied towards $170 and bitcoin jumped towards $9,000 before starting a downside correction. However, dips in ETH price remains supported near $158 and $155. Ether price started a downside correction the new 2020 high at $172 against the US Dollar. дальше »
2020-1-16 06:28 | |
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Bitcoin Price Primed For Fresh Rally And Only 1 Thing Is Holding It Back
Bitcoin is trading back in an uptrend above the $7,800 and $7,700 support levels against the US Dollar. BTC could start another strong uptrend if it settles above $8,200. After a downside correction, bitcoin price found support near $7,700 against the US Dollar. дальше »
2020-1-12 09:00 | |
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Ethereum Could See More Pain Before Face-Melting Bull Market: Analyst
Ethereum may see more downside. Despite the crypto’s bearish price action in 2019, Ethereum has made significant fundamental progress. The post Ethereum Could See More Pain Before Face-Melting Bull Market: Analyst appeared first on CCN.com дальше »
2020-1-11 18:11 | |
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Options Market is Losing Confidence in Bitcoin; This Could Spell Trouble for 2020
Bitcoin (BTC) has been able to incur some tempered bullishness today after a multi-day period of hovering around its support at $7,200. Today’s slight gains have come about in the face of a strong down trend, however, which could mean that these gains will ultimately prove to be fleeting and followed by further downside. дальше »
2019-12-27 02:00 | |
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Ethereum Could Plummet to Lower-$100 Level if Bulls Fail to Hold Key Support Level
Ethereum has been closely tracking Bitcoin’s price action in recent times, which has proven to be largely bearish. Both BTC and ETH are now trading at key support levels, and any further near-term downside could spark a massive capitulatory sell off that sends the cryptos reeling lower. дальше »
2019-12-15 00:30 | |
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