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Here are the Levels Analysts are Watching That Will Determine Bitcoin’s Future

Bitcoin has been trading within a large  range throughout the past several weeks This has done little to offer investors with insights into the cryptocurrency’s mid-term trend That being said, bulls are now striving to break above the upper boundary of this range, with a confirmed and sustained break being an incredibly bullish sign for BTC Top traders are still expressing caution when it comes to the cryptocurrency’s short-term outlook One trader is noting that […] дальше »

2020-8-18 02:00


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Stablecoin Supply Has Reached $12 Billion; Why This is Bullish for Bitcoin

The amount of stablecoins circulating throughout the crypto market has been tremendous growth in 2020 Although it took this fragment of the market five years grow to $6 billion in size, it has grown to over $12 billion throughout the past six months alone This is an extremely positive development for Bitcoin, as many view the stablecoin supply as “dry powder” that can help ignite future rallies Because billions of dollars are pouring into these […] дальше »

2020-7-16 02:00


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Bitcoin Remains in Firm Bull Territory as Buyers Defend Critical Support

Bitcoin has remained in firm bull territory over the past several weeks, despite it showing some signs of immense weakness Much of the benchmark cryptocurrency’s current strength comes from its ability to hold above its SMA50 One analyst believes that this is the level that will determine the crypto’s future in the days and weeks ahead He also notes that some hidden bullish divergences are working to counter the weakness stemming from BTC’s “somewhat defined” […] дальше »

2020-7-8 02:00


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Outlining a Bullish Wave Count for Bitcoin

The Bitcoin price has reached a descending resistance line that has been in place for more than two years. A breakout above this line would have major bullish implications for the future price. Well-known trader @crypto_rand outlined a BTC chart that shows a possible bullish pennant, which he believes could cause a breakout, giving a […] The post Outlining a Bullish Wave Count for Bitcoin appeared first on BeInCrypto. дальше »

2020-5-6 23:20


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Why Crypto Investors Withdrawing BTC En Masse From Exchanges is Optimistic

New data shows that crypto investors and traders are withdrawing their BTC from cryptocurrency exchanges in record numbers, following the historic Black Thursday collapse in mid-March. While this may initially sound like a bad thing for the market, it has incredibly bullish implications that provide a highly optimistic outlook on Bitcoin’s future. дальше »

2020-5-1 18:00


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What Does Bitcoin’s Bullish Weekly Close Indicate for the Future?

During the week of April 13-20, the Bitcoin (BTC) price reached a weekly close of $7120. This was the highest weekly close since the rapid decrease on March 12. Weekly Outlook In the weekly time-frame, the Bitcoin price has finally reached a close above the $6900 area — something it had been unsuccessfully trying to […] The post What Does Bitcoin’s Bullish Weekly Close Indicate for the Future? appeared first on BeInCrypto. дальше »

2020-4-20 11:58


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Bitcoin Cash Halving Tomorrow: Will It Predict Bitcoin’s Future?

Bitcoin Cash (BCH), the world’s fifth-biggest cryptocurrency asset by market cap, will be undergoing a halving tomorrow. With Bitcoin’s (BTC) third halving just over a month away, will BCH offer us a peek into what the future holds? Halving events are usually bullish as they essentially throttle the supply and historically have resulted in an […] The post Bitcoin Cash Halving Tomorrow: Will It Predict Bitcoin’s Future? appeared first on BeInCrypto. дальше »

2020-4-7 17:10


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Blind Faith in S2F Models: Analysts Question Measuring Bitcoin’s Price With Stock-to-Flow

One of the most bullish charts for predicting the price of bitcoin is the infamous stock-to-flow (S2F) model. The S2F analysis shows the price of BTC could reach $55,000 in the near future. One advocate of the S2F model, the Twitter account known as ‘Plan B,’ wrote a report about the subject and the article […] The post Blind Faith in S2F Models: Analysts Question Measuring Bitcoin’s Price With Stock-to-Flow appeared first on Bitcoin News. дальше »

2020-4-8 22:10


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Ethereum’s Vitalik Buterin Slams Bitcoin (BTC) Price Predictions, Claims They Are ‘Post-Hoc Rationalized Bullshit’

Ethereum’s Vitalik Buterin does not believe the notion that the occurrence of some events or price models can accurately predict whether the bitcoin price will go up or down in the future. In a recent tweet, Vitalik took a shot at articles that proposed that the coronavirus was bullish for bitcoin (which has obviously not […] дальше »

2020-2-28 18:20


Decred Price Analysis DCR / USD: Bright Future

Decred has a bullish short-term outlook, with price breaking above key resistance on the four-hour time frame The four-hour time frame shows that DCR / USD bulls are attempting to invalidate a bearish head and shoulder pattern The daily time frame highlights that a huge inverted head and shoulders pattern could start to take shape […] The post Decred Price Analysis DCR / USD: Bright Future appeared first on Crypto Briefing. дальше »

2019-8-6 16:01


0x Price Analysis ZRX / USD: Uncertain Future

0x has a bearish short and medium-term trading bias, with the cryptocurrency trading below key support on both time frames The four-hour time frame shows that a bullish falling wedge pattern has formed The daily time frame shows that an inverted head and shoulders pattern has formed 0x / USD Short-term price analysis 0x has […] The post 0x Price Analysis ZRX / USD: Uncertain Future appeared first on Crypto Briefing. дальше »

2019-7-16 16:15


SFOX Volatility Report Shows Market Moved From Uncertain To Mildly Bullish As Of July 2019

SFOX Releases New Volatility Report Showing That The Market Moved From Uncertain to Mildly Bullish Litecoin, Bitcoin SV and Bitcoin are going to experience important events in the near future SFOX, a prime dealer of cryptocurrencies for traders and institutional investors released a new volatility report in which their Multi-Factor Market Index moved from uncertain […] дальше »

2019-7-12 17:06


Is Ethereum (ETH) Eyeing a Bear Market in Comparison to What’s in Store for Bitcoin’s Near Future?

While the price of Bitcoin continues to surge, it appears as though a number of other premier altcoins are struggling to maintain their bullish momentum. For example, as per a recent study released by popular cryptoanalyst, Josh Rager, Ethereum is currently close to breaking its 3-year support line and will most likely continue to lose […] дальше »

2019-7-8 21:16


Bitcoin Fundamentals Continue Upward As Unique Addresses, Transaction Value Transfers Skyrocket

Bitcoin (BTC) has entered a new bull run and enthusiasts in the market remain very bullish about the future of the digital currency. During the last few months, Bitcoin fundamentals have also been expanding at very fast rates, including the number of unique addresses and hash rate in the network. Bitcoin Network Continues Expanding According […] дальше »

2019-7-2 18:32


Bitcoin Price of $100K is Within Reach in 2019, Likely to See $20,000 Within Next Two Weeks: Senior Analyst

For investors in major cryptocurrencies, this month has seen some of the most febrile activity and best performance from the likes of Ethereum and Bitcoin for a long time. Just where will this ongoing bullish trend take Bitcoin in the near future? For Simon Peters – who works as an analyst for the online trading […] дальше »

2019-6-27 23:24