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Trouble for Bitcoin as 3 On-Chain Indicators Point to Potential Sell-Offs

Bitcoin bulls should brace for a bearish impact as three of the leading on-chain indicators unanimously warn about potential sell-offs in the spot market ahead. CryptoQuant, a South Korea-based blockchain analysis firm, highlighted the latest readings on their proprietary metrics, one of which studies large BTC outflows from miners’ wallets and the other over-the-counter BTC […] дальше »

2021-1-26 16:00


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Bitcoin “Double Top” Narrative Builds, Factors To Potentially Fear

Bitcoin price is in a precarious location. The asset set a new all-time high just days ago but is trading below the record and starting to decline. The shifting momentum is now presenting in technical indicators supplying bearish signals, adding to the double top narrative that’s been building since failing to break $20,000. Here are […] дальше »

2020-12-9 23:00


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Ten Different Bearish Divergences Stack Against Bitcoin, But Drop Has Yet To Arrive

Bitcoin has been unstoppable from Q2 2020 on, bringing the asset to a new all-time high and restoring interest and bullish momentum in the cryptocurrency market. But as the most dominant crypto asset in the space continues to climb with very few corrections in between, ten of the most widely used technical indicators are now […] дальше »

2020-12-3 23:00


Sorry Bulls, Bitcoin Indicator That Called 50% Decline Still Flashing “Sell”

Since Bitcoin (BTC) bounced cleanly off the macro $6,400 support earlier this month, analysts have been wondering if the pain is over for the cryptocurrency market. According to two key trend indicators, which predicted previous bear markets and bull markets, the medium-term to long-term trend remains bearish, unfortunately enough. дальше »

2019-12-26 00:00


Bitcoin Price Analysis BTC / USD: What Goes Up….

Bitcoin has a neutral short-term bias, with the cryptocurrency testing towards its 200-period moving average on the four-hour time frame The four-hour time frame shows a bearish head and shoulders pattern Technical indicators on the daily time frame are starting to correct from overbought readings Bitcoin / USD Short-term price analysis Bitcoin has a neutral […] The post Bitcoin Price Analysis BTC / USD: What Goes Up…. appeared first on Crypto Briefing. дальше »

2019-7-2 15:41