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Here’s Why Bitcoin May Face a Harsh Correction Before It Can Rally Higher

Bitcoin is in the process of stabilizing following the swift rebound it incurred overnight This allowed the benchmark crypto to climb from lows of $11,150 to highs of $11,500, around which price it is now hovering around Analysts are noting, however, that there is a path forward for the cryptocurrency to see a much stronger correction than the one seen yesterday One trader is watching for a rejection at $11,700, as he notes that this […] дальше »

2020-8-29 02:00


Ethereum Correction Before Resuming Bullish Trend, Shows Indicators

Ethereum faces strong resistance ahead of it, with several indicators suggesting that ETH will correct before continuing its bullish trend. Ethereum Faces Strong Resistance Following a six-months-long correction, Ethereum hit...The post Ethereum Correction Before Resuming Bullish Trend, Shows Indicators appeared first on Cryptocurrency News. дальше »

2020-2-11 06:19


Bitcoin Correction to $9,500 Could Be Followed by 20% Drop: Analyst

Bitcoin (BTC) has been absolutely slammed over the past week. Since passing above $13,000 for the second time this year last Wednesday, the crypto has been on a clearly downward-sloping trend. Related Reading: Bitcoin Blasts Below $10K, Following Senate Hearing on Facebook Crypto In fact, as of the time of writing this article, Bitcoin has. дальше »

2019-7-17 14:00


Popular Aussie commentator calls for ban on Bitcoin and its imitators citing an episode of ‘Billions’

Following a correction wave and some pullback, the world’s largest cryptocurrency is surging again. This has caused many to turn bullish about the coin again. However, award-winning Australian journalist and the owner of financial services company Switzer Financial Group, Peter Switzer, thinks otherwise, after he called for a ban on Bitcoin and other cryptocurrencies. дальше »

2019-7-10 23:30


Bitcoin’s fractal nature allows extrapolation of 2017 price pattern; predicts correction in the next two days

Bitcoin has been called a lot of names. From a bubble to a Ponzi scheme, to Tulip-mania and a scam. Nevertheless, it has never ceased to amaze and prove all naysayers wrong. The pattern that Bitcoin’s price is following is quite similar to Gold’s prices from 1979 to 2000, the DotCom bubble from 1997 to 2002, […] The post Bitcoin’s fractal nature allows extrapolation of 2017 price pattern; predicts correction in the next two days appeared first on AMBCrypto. дальше »

2019-6-27 17:07


$40 Billion Wiped Out Of The Crypto Market Following Bloody Correction Move

After the price boom enjoyed by Bitcoin (BTC), a sudden correction showed up in the late hours of yesterday that sliced its price down from the high $13,880 to under $12,000. This created panic and a massive sell-off traffic that made a number of exchanges to go offline momentarily to be able to handle the […] The post $40 Billion Wiped Out Of The Crypto Market Following Bloody Correction Move appeared first on ZyCrypto. дальше »

2019-6-27 11:32


Bitcoin holds at $8,100 support—incoming retrace or continued consolidation?

Bitcoin encountered an exhaustion point that has confounded analysts. Some analysts were expecting a 20–40 percent correction, but $7,800 resistance held. Is a retrace still on the horizon? Following the $9,090 high of May 30, Bitcoin encountered an exhaustion point that lead Tuur Demeester, the founding partner of Adamant Capital, to believe that a 20 to […] The post Bitcoin holds at $8,100 support—incoming retrace or continued consolidation? appeared first on CryptoSlate. дальше »

2019-6-13 12:28