Analyst: Bitcoin Likely to “Grind Up” to $30,000 as Bulls Take Control

Bitcoin has seen some massive volatility as of late, with the benchmark cryptocurrency remaining stuck below its recently set highs but not seeing any sustained downtrend Its strength seen in the time since it faced a grim rejection at $28,500 has been impressive, invalidating the notion that this is a local top Where the market trends in the mid-term should depend largely on its continued reaction to the resistance that sits around $28,000 A firm […] дальше »

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If History Rhymes, This Indicator Suggests Bitcoin May See a Parabolic Explosion

Bitcoin has seen some mixed price action as of late, with bulls being unable to take control of its trend in the time following its rally up to $28,500 The rejection here was quite intense, and it has yet to show any signs of strength in the time following this occurrence The fact that bulls have guarded against any deeper drawback is positive because it invalidates the possibility that this recent high is a blow-off […] дальше »

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Bitcoin Cash Price Analysis: 28 December

Disclaimer: The findings of the following article are the sole opinions of the writer and should not be considered investment advice Bitcoin Cash has been on an incline since late September, but oThe post Bitcoin Cash Price Analysis: 28 December appeared first on AMBCrypto. дальше »

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Bitcoin Forms Parabolic Trendline, But Veteran Trader Eyes Potential Correction

Bitcoin and the entire cryptocurrency market have been caught within a parabolic advance as of late, with BTC leading the charge as altcoins follow its lead Where the cryptocurrency trends next will undoubtedly depend on whether or not bulls can maintain control of its price action as it approaches $30,000 This rally is nothing short of parabolic, with Bitcoin tapping a half a trillion-dollar market cap yesterday evening One veteran trader is now pointing to […] дальше »

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Ethereum Likely to Break All-Time Highs in 2021 as Analysts Eye Trend Pivot

Ethereum is struggling to match the momentum that Bitcoin is currently seeing The benchmark cryptocurrency has been gaining tremendous ground over Ethereum and the rest of the crypto market, with altcoins being unable to match its growth This has put any hopes of an imminent “altseason” on pause, with BTC dominance continuing to rise daily Ethereum’s performance against its Bitcoin trading pair has been quite dire as of late and may indicate that downside is […] дальше »

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Analyst: Ethereum Likely to Begin Outperforming Bitcoin as Strength Mounts

A trend of underperformance against Bitcoin has plagued Ethereum as of late, which has caused buyers to show signs of capitulation Where the ETH trends in the mid-term should depend largely, if not entirely, on whether or not BTC continues rising in isolations Bitcoin’s massive rise as of late has not done much to boost altcoins, as many are still showing signs of weakness at the moment This weakness has been apparent while looking towards […] дальше »

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Bitcoin’s expensive but this technique proves it’s never too late to buy BTC

Retail investors may think Bitcoin is now too expensive to buy, but dollar-cost averaging has proven to be one of the most effective methods available. дальше »

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Analyst Who Called for $650 Ethereum Thinks This is Coming Next

Ethereum has been lagging behind Bitcoin as of late, not being able to match the immense gains seen by the benchmark cryptocurrency This trend has come about due to Bitcoin sucking the oxygen out of the room, with the benchmark crypto outperforming just about every major altcoin as of late If this trend persists, Ethereum could continue posting relative weakness on its BTC trading pair, hampering the growth it sees against the dollar as well […] дальше »

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Chainlink Could Rocket Higher if It Breaks Above One Key Level

Chainlink has been underperforming Bitcoin and the aggregated crypto market as of late, with its price action largely mirroring that of the rest of the altcoin market. While Bitcoin captures investors’ attention with its massive uptrend, major altcoins like Ethereum and LINK have been underperforming, facing inflows of selling pressure as traders chase the BTC […] дальше »

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Analyst Expects Ethereum to See Massive Gains as It Taps “Final” Demand Zone

Ethereum’s price action has underperformed that of Bitcoin as of late, which is a common trend amongst all the major altcoins There’s no question that BTC’s ongoing rally is creating some tailwinds for altcoins, although it has not been enough to spark any parabolic ETH movement This has caused the cryptocurrency to flash some major signs of weakness against its Bitcoin trading pair, which is now sitting within a key long-term demand zone One analyst […] дальше »

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Analyst: Ethereum to Rally 20%+ Against BTC as Market Goes Parabolic

Ethereum has been trailing slightly behind Bitcoin and the rest of the crypto market as of late, which comes as all eyes shift to watch BTC’s price action Although it has lagged behind it, ETH is still showing some immense signs of strength as it pushes towards $700, with analysts widely watching for it to […] дальше »

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Number of Unconfirmed Bitcoin Transactions Surges to Highest Level Since October

The Bitcoin network mempool has reached its biggest size since late October дальше »

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Bitcoin finally did it: The $20k resistance falls

Yesterday, December 16th, 2020, Bitcoin (BTC) price finally did what investors and traders from all over the world wanted it to do ever since late 2017 — it broke the $20k resistance once again. The coin has officially hit a new all-time high, and it set the bar even higher, after reaching $21,900. дальше »

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These 4 Factors Show Why Bulls are in Full Control of Bitcoin

Bitcoin and the entire crypto market have been caught within the throes of an intense bout of consolidation over the past few days and weeks This has come about despite the crypto making attempts to both breakout and breakdown as of late Just last night, BTC showed some promising signs of moving higher that ultimately resulted in it facing yet another rejection within the mid-$19,000 region The selling pressure here was not enough to strike […] дальше »

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Bitcoin Moves Back Toward $19,000 as MicroStrategy News Spreads

Bitcoin is pushing higher after plunging as low as $17,600 late last week. The price of the leading cryptocurrency has pushed to $18,800 as of this article’s writing, reaching its highest price in many days. дальше »

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Chainlink Posts “First Death Cross” Seen Since 2018 Against Bitcoin Pair

Chainlink has seen some mixed price action as of late, with bulls unable to gain a decisive edge over bears as the entire market turns lower. LINK isn’t the only cryptocurrency that has been struggling to gain any bull-favoring momentum, as most other cryptocurrencies have also seen some intense selling pressure that has slowed their […] дальше »

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Bitcoin’s Downtrend Could Soon Reverse as Analysts Eye Move to $18,500

Bitcoin has seen some rocky price action as of late, with bulls and bears battling for control over the cryptocurrency’s mid-term outlook. So far, this has resulted in the cryptocurrency seeing some bearish momentum, with sellers taking general control over its trend. дальше »

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Risk for Bulls: Bitcoin Miners Begin Aggressively Selling Holdings

Bitcoin’s price action as of late has been rather lackluster, with bulls struggling to hold it above $18,000 as selling pressure mounts Where the crypto trends in the mid-term should depend largely on the continued reaction to the support at $18,000 If the crypto is unable to hold above this level, it could bear witness to some intense selling pressure that sparks a move down towards $17,000 There is some support at roughly $17,600 that […] дальше »

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XRP May Be “Going for the Lows” as Bitcoin Plunge Derails Momentum

XRP has been caught within the throes of immense volatility as of late, which has come as the entire market also faces some turbulence due to Bitcoin’s ongoing decline. This weakness has come about due to the cryptocurrency’s inability to break above the $0. дальше »

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Allianz Chief Economist Who Bought 2018 Bottom: I Sold My Bitcoin Today

Ask any crypto investor and they’ll tell you the Bitcoin bull market is here. However, the chief economist at Allainz who bought Bitcoin around its bear market bottom in late 2018 and held the asset until now, has sold his holdings just as a new all-time high was set. дальше »

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Here’s the Key Level Yearn.finance (YFI) Needs to Break to See Price Discovery

It has been a rocky past few days for Yearn.finance’s YFI governance token The cryptocurrency has been closely tracking Bitcoin and the rest of the crypto market, which has exposed it to some downside as of late The entire DeFi market has been drifting lower over the past few days as traders widely begin going […] дальше »

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Bitcoin May Need “Life Support” as Bulls Try to Defend Key Support

Bitcoin’s price action has been rather lackluster as of late, with sellers forcing the crypto back below $19,000 as it struggles to gain any clear momentum in either direction. This price action has been surprising considering the macro strength incurred due to the recent multi-week uptrend, but it does seem as though serious upside could […] дальше »

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Report: November Sell-off by Long Term BTC Holders Does Not Signal an Approaching Bear Market

A recent Glassnode report says some long-term holders (LTHs) of bitcoin offloaded part of their holdings and cashed out their profits during a bull-run. Still, the report explains that the sell-off, which has been noticeable since late November, is not necessarily a sign of an approaching bear market. дальше »

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Bitcoin Looks Similar to How It Did in Late 2016: Quant Analyst

Bitcoin has undergone an extremely strong rally since the March lows, rallying from $3,500 to $19,000 now. Analysts are hopeful that further growth is on the horizon. One top Bitcoin quantitative analyst “PlanB” recently said that BTC looks similar now to how it did in late 2016. дальше »

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Bitcoin’s Low-Time Frame Chart is “Getting Interesting” — Here’s Why

Bitcoin has been holding strong above $19,000, which is a positive sign for its short-term outlook The strength seen by the cryptocurrency as of late comes despite it seeing multiple strong rejections at its all-time highs The selling pressure laced throughout the mid-to-upper $19,000 region has been too much for bulls to handle However, buyers have been able to set a series of higher-lows following each rejection here, which is an incredibly bullish sign One […] дальше »

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Ethereum’s Macro Outlook Shapes Up as Technical Strength Grows

Ethereum has been closely tracking Bitcoin as of late, which has caused it to see some consolidation Where the crypto trends in the mid-term should depend largely on ETH’s continued reaction to the $600 region Just as $19,000 is a key level for Bitcoin at the present moment, $600 is a crucial level for ETH, as breaks above this level often lead to inflows of buying pressure Where the cryptocurrency trends in the days and […] дальше »

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Bitcoin Likely to See Further Downside After Price Fails to Break Key Level

Bitcoin has been facing some immense selling pressure as of late, with the resistance found within the mid-to-upper $19,000 region proving to be too much for bulls to handle Despite seeing another strong rejection here overnight, it is important to note that Bitcoin once again set another higher-high This indicates that the cryptocurrency could be on the cusp of seeing another bid at breaking through the resistance it has been struggling with The support it […] дальше »

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Ethereum Could Target $700 Next If Bulls Break This Crucial Resistance

Ethereum has been closely tracking Bitcoin’s price action as of late, which has caused it to see some large volatility Bulls have been trying to secure ETH a stable position above $600, but the selling pressure here has been quite intense Until Bitcoin flips $19,000 into a support level and begins pushing higher, ETH could see some further consolidation One trader is now noting that a strong daily close above $600 could be all that […] дальше »

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Bitcoin Re-Accumulation Makes $200k per BTC by the End of 2021 Look Conservative, On-Chain Analyst

Since last week, Bitcoin has been on a rollercoaster ride. It has been late on Wednesday night, last week, that the price of the digital asset went down hard, to nearly $16,300 right after hitting $19,500. дальше »

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Why This Trader is Optimistic That Ethereum Will Spark a Massive Altcoin Rally

Altcoins have been closely tracking Bitcoin and Ethereum’s price action as of late, which is a positive sign showing just how far the markets have come over the past few weeks. While in the past, Bitcoin rallies occurred independently from the rest of the market, with altcoins trailing it or rallying during consolidation phases, the […] дальше »

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Adam Back: The Bitcoin Era Is Yet To Fully Kick In, And It’s A Game Changer

The crypto market has been hitting the headlines of late, much to the delight of crypto enthusiasts. Bitcoin, being the top coin, has gained by double-digit percentages over the last few weeks. In fact, Bitcoin is already over 140% in gains this year. дальше »

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Ethereum’s Rebound is “Getting Tired” as Analyst Eyes Move to $520

Ethereum has been climbing higher today alongside Bitcoin and the rest of the crypto market The strength seen as of late comes as Bitcoin puts some serious distance between its recent lows and its current price levels This indicates that bulls are in full control and are looking to form a “V-shaped” recovery that could allow for significantly further upside in the days and weeks ahead Where the entire market trends next will depend largely […] дальше »

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Ethereum’s Technical Outlook Strengthens as Market-Wide Recovery Begins

Ethereum has been closely tracking Bitcoin’s price action throughout the past few days and weeks, which has led it to see some immense turbulence as of late Just two days ago, the benchmark cryptocurrency faced a rejection at its all-time highs that resulted in it reeling from $19,500 to $16,400 This selloff was the most intense one seen since this uptrend first got started a handful of weeks ago Where it trends next will depend […] дальше »

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Here’s the Key Level Ethereum Must Claim to Rally Towards $800

Ethereum’s price has been closely tracking that of Bitcoin as of late, which has caused the cryptocurrency to see some notable losses It has been defending $500 throughout the course of its recent push lower. дальше »

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PayPal Customers Bought the Dip on Bitcoin & Crypto

The losses that came late Thursday night was the biggest decline since the March sell-off.  However, the largest cryptocurrency is still up 135% YTD with its investor base widening who are turning to it in search of a hedge against dollar weakness amidst loose monetary policy. дальше »

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Bitcoin bulls resolute despite $2,500 drop from highs: here’s why

Bitcoin has faced a steep correction since Wednesday’s highs of $19,600, the highest the cryptocurrency has traded since the late 2017 highs. The post Bitcoin bulls resolute despite $2,500 drop from highs: here’s why appeared first on CryptoSlate. дальше »

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CNBC’s Mad Money Host, Jim Cramer, Says ‘Not Too Late for Bitcoin’ Even at $19,000

Jim Cramer, the founder of The Street, took to Twitter to share with its 1. 4 million followers that it is a good time to jump into Bitcoin. Cramer said, “It is not too late for Bitcoin. . great alternative to gold… which I have always believed in. дальше »

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Jim Cramer After Pump Toward $20k: It Isn’t Too Late to Buy Bitcoin

Bitcoin is exploding higher after days of consolidation under $19,000. The leading cryptocurrency as of this article’s writing is in the midst of shooting toward previous all-time highs. Bitcoin currently trades for $19,400, which is the highest it has traded since the late 2017 highs. дальше »

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Ripple CEO Brad Garlinghouse On Bitcoin and XRP – “Institutional Investor Interest Is Skyrocketing”

The crypto market has been rapidly growing of late, with top cryptocurrencies like bitcoin and ethereum breaking new feats. In line with that, Ripple CEO Brad Garlinghouse affirms the obvious truth that institutional investor interest in cryptocurrencies is on the increase. дальше »

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Bitcoin Will Hit $125,000 In Coming Months If It Pulls Off A Tesla-like Rally: Analyst

Tesla has been an investor’s dream in recent months. The company’s stock price has performed quite well since late last year with eccentric billionaire Elon Musk at its helm. One of the things that makes Tesla such a popular investment is its high-end brand in the world of electric vehicles. Notably, Tesla’s rally came as […] дальше »

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Here’s Where a “Bitcoin Bear Whale” Has Put Up a Massive Sell Wall

Bitcoin’s price action as of late has greatly favored buyers, with the cryptocurrency being caught within the throes of an intense bout of sideways trading just below $19,000 as buyers try to garner enough buy-side pressure to break through this level. дальше »

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Global search volume for Bitcoin appears higher than in 2017

Monthly global searches for Bitcoin are reportedly 350% higher than in late 2017.

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Chainlink Must Shatter One Key Resistance Level or Face a Plunge to $7.50

Chainlink’s price action has been closely following Ethereum’s as of late, but it is beginning to break free of this correlation and gain some independent momentum. This comes as the wider crypto market continues its ascent, with altcoins surging as Bitcoin consolidates around $18,000. дальше »

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Legendary Trader Calls DeFi Bullish, Claims Ethereum Could Soon Rally

The DeFi sector has been screaming higher throughout the past couple of weeks, with the ongoing stability seen by Bitcoin boosting its price action Ethereum, which remains the backbone of this sector, has also been stable, closely tracking BTC as of late If ETH can push higher in the near-term, it could create further tailwinds that bolster the DeFi sector and help the tokens within it see further gains He specifically notes that ETH could […] дальше »

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Ethereum Could Be on the Cusp of Going Parabolic as Analysts Eye Upside

Ethereum has been closely tracking Bitcoin’s price action as of late, which has primarily led it to enter a prolonged consolidation phase The cryptocurrency’s price action has favored altcoins in recent times, as the stability seen by both ETH and BTC has allowed smaller digital assets to post massive gains Where ETH trends in the near-term will likely depend on Bitcoin, but the resurgence in the DeFi trend could give rise to an Ethereum price […] дальше »

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Analyst: Key Amazon Stock Fractal Is “Anti-FOMO” For Bitcoin

The recent bullish breakout in Bitcoin has caused a massive wave of FOMO as late to the game buyers attempt to get in before the cryptocurrency takes off to a new all-time high. But one sharp-eyed crypto analyst has spotted a fractal in Amazon’s post-dot-com bubble crash recovery that closely matches the cryptocurrency’s recent price […] дальше »

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Analyst: Hash rate signal that preceded Bitcoin’s recent 100% rally will soon appear

The Bitcoin hash rate dove strongly in late October.

The post Analyst: Hash rate signal that preceded Bitcoin’s recent 100% rally will soon appear appeared first on CryptoSlate.

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Here’s Why Bitcoin’s Upside May Be “Capped” Relative to Ethereum

Ethereum has been able to catch up to some of the gains posted by Bitcoin as of late, but it still has a long way to go before it breaks its trend of underperformance Yesterday, the cryptocurrency saw a swift rally past $460 that came about in the absence of any BTC movement This was a promising push higher, and it has yet to surrender much of these gains One analyst is now looking towards […] дальше »

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Eyes on the Charts: Bitcoin Is Testing a Support Level Formed in Early September

Bitcoin has entered a period of consolidation after peaking at $15,975 late last week. The cryptocurrency has bounced between those highs and lows around $14,500 due to volatility in the price of the U. дальше »

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Bitcoin Indicator That Precedes Major Bull Runs Flashes Again

Most recently, the cryptocurrency rallied by more than 200 percent after MA7 topped out in March 2020. The results were similar in late 2019 and late 2018. дальше »

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