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Bitcoin price: Analyst highlights next steps for BTC if this level turns into support
Crypto trader and analyst Rekt Capital says the 200-day EMA is a key level… The post Bitcoin price: Analyst highlights next steps for BTC if this level turns into support appeared first on Coin Journal. дальше »
2022-2-9 17:26 | |
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Analyst Expects Bitcoin Retrace to $12,000 as Powerful Uptrend Stalls
Bitcoin has flashed some immense signs of strength throughout the past few hours, once again pushing up towards $16,000 Bulls appear to be gearing up for another test of this crucial resistance level If rejected here, this level could be confirmed as a mid-term top that is followed by immense downside A break above this level, however, would but a move to its all-time highs on the table One analyst is noting that he is […] дальше »
2020-11-11 21:00 | |
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Analyst: Bitcoin Likely to Plunge Towards $12,000 as Top Signs Emerge
Bitcoin has seen a slight retrace this morning, with bulls being unable to break above the immense selling pressure that exists around $16,000 Today’s move lower has been somewhat slow and has yet to force the crypto below any crucial level One trader is now offering a somewhat grim outlook on the cryptocurrency, noting that he is expecting it to see one more impulse higher before topping and posting massive losses He is particularly looking […] дальше »
2020-11-7 19:08 | |
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Analyst: Ethereum Will Explode Past $400 as Key Level Reclaimed by Bulls
Ethereum has undergone a strong drop since peaking at $400 this past weekend. The leading cryptocurrency currently trades for $380, down after Bitcoin dropped from its daily highs. Analysts still think that ETH will move higher, though, citing technical trends. дальше »
2020-11-4 15:00 | |
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Ethereum Fails to Post Bullish Monthly Close, Opening the Gates for Downside
Ethereum’s trend of underperformance against Bitcoin has persisted and is showing few signs of changing anytime soon The cryptocurrency has been unable to match the strength seen by BTC over the past few weeks, and it is still trading below its key $400 resistance level Where it trends in the near-term depends largely on Bitcoin’s reaction to $14,000, as a break above this level could send the entire market flying higher One analyst is now […] дальше »
2020-11-1 22:00 | |
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Analyst: Ethereum Could Rally Towards $432 if Bulls Flip One Key Level
Ethereum has continued seeing lackluster price action while Bitcoin rallies past its critical short-term resistance The crypto is on the cusp of flipping its $390 resistance, however, which could give it freedom to rally significantly higher in the short-term One trader is now noting that a surge up towards $432 could be in the cards if ETH can break above its short-term resistance level This would be a significant rally that potentially puts a firm […] дальше »
2020-11-1 22:00 | |
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Ethereum Approaches “Do or Die” Level Against BTC, Analyst Claims
Ethereum spent most of 2020 outperforming Bitcoin by a large margin, thanks to the burning hot DeFi trend and the related tokens’ reliance on the second-ranked crypto asset. But since things have reversed and Bitcoin has gone on its own individual run, on the ETHBTC trading pair, Ethereum has reached a point of “do or […] дальше »
2020-10-31 23:00 | |
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Ethereum’s Macro Outlook is “Ultra Bullish” Despite Recent Turbulence
Ethereum has been closely tracking Bitcoin’s price action throughout the past couple of days This has caused it to see a notable selloff, with bulls and bears now reaching an impasse as it trades just above its crucial $380 support level A continued defense of this level is key if bulls want to fuel a move higher in the near-term One analyst is now noting that the cryptocurrency’s macro outlook is ultra-bullish despite the recent […] дальше »
2020-10-30 23:00 | |
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Bitcoin’s NVT Price at an All-Time High: Willy Woo
On-chain analyst Willy Woo has revealed that while bitcoin is yet to scale the heady heights of late 2017, it has already exceeded its 2017 performance in one important metric. Explaining via Twitter on Oct 27, Woo revealed that bitcoin’s Network Value Transaction Ratio (NVT) is now at its highest-ever level. дальше »
2020-10-29 22:02 | |
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Only one resistance level above Bitcoin’s rally to $20,000 — Analyst
Bitcoin (BTC) investor suggests BTC above $14,000 opens a clear path to $20,000 Bitcoin’s... The post Only one resistance level above Bitcoin’s rally to $20,000 — Analyst appeared first on Coin Journal. дальше »
2020-10-29 15:01 | |
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Analyst: Bitcoin’s Dominance to Peak in December, Sparking Altcoin Buying Frenzy
Bitcoin has seen a massive upswing over the past couple of days that brought a firm end to its consolidation phase and is now allowing it to confront its key resistance around $12,000. This level has been holding strong as resistance, and throughout the year, any break above this level was met with heavy selling […] дальше »
2020-10-20 19:00 | |
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“Old Hands” Sold The Bitcoin Bottom And Are Selling Again Now
Bitcoin price is at a pivotal moment, about to potentially confirm a break out into a new bull market. Yet for some reason, coin dormancy, what one analyst calls a measure of “old hands” selling, is reaching a high level currently. дальше »
2020-10-20 04:00 | |
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Here’s Why Ethereum Has the “Best TA Structure” in the Crypto Market
Ethereum is currently in the process of breaking back above its crucial $380 resistance level This level has significant historical importance, as breaks above and below it have marked turning points for the cryptocurrency’s previous trends Whether or not the crypto can push higher in the near-term may depend somewhat on Bitcoin The benchmark crypto has been seeing a slight uptrend over the past day, but it remains below its $11,600 resistance One analyst is […] дальше »
2020-10-20 23:00 | |
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Analyst: Chainlink Likely to Rally to $16.50 as It Approaches Key Level
Chainlink has been struggling to break above $11. 00 throughout the past few days and weeks. This level has become a strong resistance for the cryptocurrency, and both bulls and bears have largely reached an impasse. дальше »
2020-10-19 04:00 | |
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Bitcoin Reaches Critical Level as Bulls Attempt to Spark Fresh Uptrend
Bitcoin’s price has been stuck within a macro consolidation phase for the past several months This consolidation has led to the formation of a trading range between $10,000 and $12,400, with bulls and bears with being unable to break above or below either of these levels One analyst is now noting that data seems to suggest that BTC is currently trading at a pivotal level for its future Although $20,000 is often looked upon as […] дальше »
2020-10-19 01:00 | |
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Ethereum to See “Price Discovery” in 2021; Analyst Targets $750
Ethereum has seen some slight momentum over the past 24-hours that has pushed its price towards $380 This is a critical level that has historically sparked both uptrends and downtrends Whether or not this level is broken above in the near-term will provide serious insights into the crypto’s outlook One analyst is noting that its mid-term market structure is incredibly bullish, and that it is likely to lead it into “price discovery” in 2021 As […] дальше »
2020-10-18 22:00 | |
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Do or Die: Ethereum Tests Critical Support Region as Bears Try to Regain Control
Ethereum has been struggling to garner any technical strength in the time following its dip below $380 This is a critical level that has determined its trends in the past, and the break below it is quite bearish Where the entire market trends next will likely depend on Bitcoin, but any near-term BTC downside could force ETH below a critical support level It is currently trading just a hair above this level, and one analyst […] дальше »
2020-10-18 22:00 | |
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Ethereum Remains Strong So Long as It Defends One Critical Level
Ethereum and the entire cryptocurrency market are currently caught within a consolidation phase This has come about due to Bitcoin’s tight bout of trading between $11,400 and $11,600 ETH is trading above a critical level that it was previously struggling to surmount This is a bullish sign that indicates it may be well-positioned for a strong move higher in the near-term That being said, one analyst believes that ETH’s price could drift significantly lower while […] дальше »
2020-10-15 23:00 | |
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Bitcoin Will Move Like a “Bulldozer” Once It Gains Momentum, Claims Analyst
Bitcoin’s price appears to have entered yet another consolidation phase as it trades between $11,400 and $11,600 Its present lack of momentum comes close on the heels of the strong move higher that it posted last week The resistance above its current price level is quite intense, and this may mark an attempt from bulls to garner greater buy-side support Where the market trends in the mid-term will likely depend largely on whether Bitcoin’s consolidation […] дальше »
2020-10-15 21:00 | |
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Taking Out $12K Leaves “Clear Skies” For Bitcoin To Set New 2020 High
Bitcoin price is currently down nearly $400 from yesterday’s highs in a flash, after coming close once again to the $12,000 resistance level. According to a crypto analyst referencing on-chain analytics, once $12,000 is broken through cleanly by bulls, there’s “clear skies” above that until $16,500 – which they claim is just a minor “speed bump. дальше »
2020-10-13 18:00 | |
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Ethereum is on the Cusp of Making a Full Recovery; Here’s What to Watch For
Ethereum’s price action has been closely tied to that of Bitcoin as of late But while Bitcoin has broken multiple key resistance levels, ETH remains below the crucial $380 level This level has yet to be broken, with each visit here sparking a slight selloff Where Ethereum the entire market trends next will likely depend on Bitcoin and whether or not it can extend its upwards momentum One analyst is noting that Ethereum could be […] дальше »
2020-10-12 22:00 | |
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Analyst: Breaking This One Level Could Send Bitcoin to $14,000+
Bitcoin’s price has been consolidating in the time following its strong surge up to highs of $11,400 The cryptocurrency has yet to revert any of these gains and appears to be gearing up for another big push higher Where the market trends next will likely depend on BTC, as it has been firmly guiding the altcoin crypto market One analyst is now noting that Bitcoin could soon see a move to over $14,000, but he […] дальше »
2020-10-11 19:00 | |
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Popular Analyst Claims Bitcoin Must Break Above This Level Or Risk Going Downhill
After opening the month of October trading as high as $10,923, Bitcoin has dropped and has since been in consolidation between $10,500 and $10,600. Volatility has reduced significantly since then as the coin has been in consolidation and the price range has been tightening. дальше »
2020-10-8 12:42 | |
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Bitcoin Has Yet to Break Key Resistance Despite Strong Monthly Close
Bitcoin is currently posting a somewhat weak attempt to shatter the resistance laced throughout the upper-$10,000 region A break above here could open the gates for a move post $11,200, which would mark an end to its recent bout of sideways trading That being said, the crypto has yet to firmly climb above one key level that an analyst is closely watching Until it does so, the significance of this recent push higher remains somewhat […] дальше »
2020-10-2 02:00 | |
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Bitcoin’s Strong Monthly Close Indicates October Will be a Green Month
Bitcoin’s recent bout of consolidation is still ongoing, but bulls appear to be in the process of attempting to break this trend The cryptocurrency is currently pushing towards its $11,000 resistance, which is a positive sign that indicates a test of this level may be imminent That being said, where it trends in the days and weeks ahead may depend largely on whether or not it can continue holding above some key levels One analyst […] дальше »
2020-10-2 21:00 | |
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Analyst: Chainlink Gearing Up for a Major Push Higher as Bulls Defend $10.00
Chainlink is currently attempting to confirm $10.00 as a support level as it faces inflows of selling pressure that jeopardize its near-term outlook. Despite the present weakness it is facing, a confirmation of this level as support would be incredibly bullish, as it would mark a mid-term support-resistance flip that potentially kicks off the next […] дальше »
2020-9-30 00:00 | |
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Ethereum’s “Resilience” Suggests That a Massive Move Higher is Brewing
Bitcoin has been guiding the entire market higher, which has provided a tailwind for Ethereum that has lifted it higher as well The cryptocurrency is now pushing towards its high time frame resistance zone between $380 and $400 How it responds to this level – should it be tested in the near-term – will offer insights into its outlook One analyst is noting that ETH is showing some positive signs of resilience following its recent […] дальше »
2020-9-29 23:00 | |
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Why Is Everyone Bearish? Analyst Asks as Bitcoin Macro Structure Still Bullish
Early in September, Bitcoin underwent a strong reversal that brought the coin to $9,800 from $12,500. The drop marked a crucial rejection of the $12,000 horizontal level on a weekly basis. There are some analysts that flipped bearish after Bitcoin formed that pivotal rejection. дальше »
2020-9-29 13:00 | |
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Ethereum Reaches a Fate-Determining Level as Analysts Watch for Volatility
Ethereum’s price action has been closely tracking that of Bitcoin in recent weeks, causing it to see a choppy bout of sideways trading The lack of any real trend in recent weeks has made ETH’s mid-term outlook somewhat unclear That being said, the crypto may now be trading at a pivotal level that determines its near-term outlook One analyst is noting that the price at which it is currently trading has historical significance, and its […] дальше »
2020-9-27 22:00 | |
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Bitcoin’s Momentum Stalls, But Negative Funding Gives a Boost to Bulls
Bitcoin’s upwards momentum has stalled following the promising push higher seen yesterday This allowed the cryptocurrency’s price to surge up towards $10,800, which is where it met some serious resistance that slowed its uptrend Despite rejecting at this level, the subsequent downtrend has not been that intense, indicating that bulls may still have some underlying strength One analyst is noting that although BTC is beginning to look bearish, the fact that funding rates are still […] дальше »
2020-9-26 21:00 | |
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Analyst: Ethereum May Grind to $280 Before ETH 2.0 Hype Propels It Higher
Ethereum and other altcoins have been struggling to garner any strong momentum following the massive declines posted earlier this week This weakness came about as a result of Bitcoin’s rejection at $11,200, which is a level analysts have been watching Until BTC’s macro outlook begins growing more positive, Ethereum will likely continue struggling as well That being said, some positive technical developments in the coming months could help boost its outlook One analyst is noting […] дальше »
2020-9-24 23:00 | |
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Bulls are in Control of Bitcoin as Long as It Defends One Crucial Level
Bitcoin has witnessed some intense selling pressure throughout the past day, but bulls have been able to absorb the vast majority of it This selling pressure ultimately sent the cryptocurrency down to daily lows of just below $10,800, at which point buyers stepped up and guarded against it seeing any further downside One analyst is now noting that where it trends in the near-term may depend almost entirely on whether or not bulls can maintain […] дальше »
2020-9-21 19:00 | |
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Ethereum is “Fighting for Its Life” as Bulls Struggle to Defend Critical Support Level
Ethereum is currently in the process of rebounding from its daily lows that were set just a handful of hours ago The cryptocurrency has been facing heightened selling pressure as of late, struggling to build momentum as it remains below $370 One analyst is now stating that the cryptocurrency is “fighting for its life” as it trades right around a crucial support level Bulls and bears have largely been at an impasse when it comes […] дальше »
2020-9-17 23:00 | |
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Here’s How High Bitcoin Could Run Before Facing Immense Selling Pressure
Bitcoin has seen some incredibly strong price action throughout the past few days After establishing the region between $9,900 and $10,000 as a baseline support level, bulls have now stepped up and propelled it back up towards $11,000 This current strength has struck a blow to bears, although BTC hasn’t reached the clear just yet One analyst is noting that the region between $11,100 and $11,200 is where he is expecting Bitcoin to face some […] дальше »
2020-9-16 02:00 | |
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Ethereum is Nearing Crucial Resistance; Rejection Here Could Spark Move to $300
Ethereum’s price is currently struggling to surmount some heavy resistance, which has caused it to lag behind Bitcoin today This resistance, which exists at $380, has hampered its price action on multiple occasions throughout the past few weeks Despite this, because BTC is now nearing $11,000, a break above this crucial level will likely catalyze some intense buying pressure that also creates a tailwind for ETH One analyst noted that this region of resistance between […] дальше »
2020-9-16 23:00 | |
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Altcoins Could See “More Blood” as Bitcoin Dominance Reaches Bedrock Support
Bitcoin has been firmly guiding the altcoin market throughout the past week or so, with mid-cap and small-cap cryptos firmly tracking its every move This trend has come about following a period in which these tokens significantly outperformed the benchmark crypto This trend led BTC’s dominance over the aggregated market to plunge lower, and it now appears to have reached a bedrock support level One analyst believes that this support level will allow Bitcoin’s dominance […] дальше »
2020-9-15 23:00 | |
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Bitcoin’s Price Action Shows Similarities to 2016; Pointing to a Bullish 2021
Bitcoin’s price has been flashing some major signs of weakness throughout the past few days, with bears continuing to defend against a break above $10,500 This weakness may soon be coming to an end, however, as buyers have now shattered the selling pressure that previously existed at this level While looking towards the asset’s near-term price action, one analyst explained that he sees some striking similarities to 2016 This comparison is bullish because it suggests […] дальше »
2020-9-15 21:00 | |
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Crypto Market Analysis: 14th September 2020
Whilst US equity markets fell last week due to drops from Big Tech, the European market plodded along and the FTSE All-Share Index rose moderately. Bitcoin and a number of alts remained relatively steady, despite some momentary blips as bitcoin very briefly dipped below the $10,000 level on both Monday and Tuesday. Simon Peters, analyst, […] дальше »
2020-9-15 19:49 | |
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Institutions are Growing Increasingly Bullish on Bitcoin Following Drop to $10,000
Bitcoin’s price is now expressing some signs of stability within the lower $10,000 region, with bulls being able to garner some strong support This comes after the cryptocurrency defended its crucial near-term support level at $9,900 on multiple occasions throughout the past week One analyst is now noting that investor fear is at the same level it was at just before the crypto pumped to $12,000 This also comes as institutional investors grow bullish on […] дальше »
2020-9-13 19:00 | |
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Bitcoin is About to Reach a Pivotal Point as Buyers Defend Key Level
It has been a choppy day of trading for Bitcoin and the aggregated crypto market This primarily stems from BTC’s inability to maintain the upwards momentum that was driving it higher yesterday Although losing its momentum is a bear-favoring sign, it is important to note that not too much has changed for BTC from a technical perspective One analyst is noting that the benchmark cryptocurrency is now reaching a pivotal level that will shape its […] дальше »
2020-9-12 21:00 | |
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Scarily Accurate Analyst Thinks Bitcoin Will Hold $10,000, Triggering Strong Growth
Bitcoin has flirted with falling under $10,000 multiple times over the past week. If you take a look at BTC’s recent price action, you will see a series of bottom wicks just below $10,000. This shows that Bitcoin traders do not want the leading cryptocurrency to trade under that pivotal support level. By NewsBTC’s count, […] дальше »
2020-9-11 13:00 | |
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Analyst: Ethereum’s Market Structure “Firmly Bearish” as It Remains Below Key Level
Ethereum has seen some intensely positive price action in recent hours, with bulls catalyzing an upswing that led its price to highs of $380 just a couple of hours ago. It did face some intense resistance at this price region, however, and subsequently plunged towards $360. дальше »
2020-9-11 02:00 | |
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Analyst: Ethereum Narrowly Avoids Capitulation as Macro Outlook Grows Bright
Ethereum has posted some strong price action throughout the past couple of days, with the cryptocurrency ardently defending against any sharp decline This strength has come about mostly due to the buying pressure found at $320 This price level, and the region directly above it, have helped the crypto to slow its descent and stabilize Bitcoin’s ability to hold above $10,000 has also aided its price action significantly One analyst is now noting that ETH […] дальше »
2020-9-10 23:00 | |
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Bitcoin is Defending a Crucial Macro Level as Bulls Show Signs of Strength
It is growing increasingly clear as to just how important $10,000 is for Bitcoin’s macro price action, as this level has been ardently defended by bulls on multiple occasions BTC has been trading around the level for the past several days, with each dip below it proving to be highly short-lived Bulls’ slight displays of strength whenever the crypto dips below this level are a positive sign for its near-term outlook One analyst is now […] дальше »
2020-9-9 21:00 | |
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If Ethereum Doesn’t “Power Above” This Level, Watch Out Below: Analyst
Ethereum, like Bitcoin, has faced a strong correction over the past few weeks. From last week’s highs around $490, the cryptocurrency has dropped around 30%. As of this article’s writing, the coin trades for $335, marginally above the local lows. дальше »
2020-9-9 13:00 | |
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Ethereum Continues Finding Strong Support, But Fails to Break Crucial Level
Bitcoin’s inability to push past $10,400 has created a major headwind for the aggregated market This has resulted in ETH’s price plunging towards its key support levels throughout the mower-to-mid $300 region Because Ethereum has grown highly correlated to Bitcoin as of late, where it trends next may depend almost entirely on the benchmark cryptocurrency That being said, one analyst is noting that the strong support ETH has at $320 may be enough to stop […] дальше »
2020-9-9 23:00 | |
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Bitcoin Hammers Key Support Level as All Eyes Continue Watching $10k
Bitcoin has once again faced a massive influx of selling pressure that caused its price to dip back towards its key support at $10,000 The cryptocurrency is navigating beneath this level, which means that it may soon once again test its critical support at $9,900 The multiple tests of this level that it has undergone in recent times seems to indicate that significant downside could be imminent One analyst is noting that a failure to […] дальше »
2020-9-8 21:00 | |
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Why An Analyst Thinks Bitcoin Is “OK” as Long as This Level Holds
Bitcoin has undergone a strong correction over the past few days. The cryptocurrency, after peaking near $12,100 last week, reached a low of $9,800 over the past few days. Bitcoin has since undergone a bounce, with the coin now trading at $10,400 as of this article’s writing. дальше »
2020-9-8 04:00 | |
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Ethereum Taps Key Resistance as Analysts Watch for Rebound to Falter
Ethereum has posted a strong rebound from its recent lows, with bulls pushing the cryptocurrency up to highs of $360 earlier today This upswing proved to be short-lived, and the cryptocurrency has since been rejected at this level Nonetheless, today’s price action has signaled that ETH’s sub-$320 lows may ultimately mark a long-term bottom that is followed by further upside While speaking about this, one analyst explained that although today’s rebound has been strong, it […] дальше »
2020-9-6 22:00 | |
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