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Here’s Why Despite Sluggish Price Movement, Bitcoin is Immensely Bullish
Since recovering from the March lows, bitcoin has been struggling to make its way upwards. We tested $10,000 — the important psychological level numerous times only to fail and get stuck in a range. дальше »
2020-6-29 16:31 | |
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Bitcoin Needs Just 1% Institutional Allocation For A Blast Off To $50,000: Research
After zipping past $9,600 yesterday, the bitcoin bulls seem to have run out of steam as the crypto has dipped to $9,383. 44 at press time. This means that BTC remains stuck within its macro trading range below the psychologically important $10,000 level. дальше »
2020-6-25 15:17 | |
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Here’s the Critical Price Level That May Kick Off Ethereum’s Next Bear Trend
Ethereum investors have gained little insight into the cryptocurrency’s trend over the past few weeks Despite being stuck within a wide trading range, it is important to note that ETH has been hovering just above the lower boundary of this range over the past few days This has marked an underperformance of Bitcoin and many of its other peers, but an overnight dip below this level was quickly absorbed by buyers Analysts are still forecasting […] дальше »
2020-6-20 23:00 | |
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This Historical Pattern Shows Bitcoin Could Be Weeks Away From $75,000
Bitcoin has been trading sideways for the past month and was rejected from the $10,000 resistance level again. There is obviously a lot of uncertainty in the market, however, it’s important to remember that Bitcoin is one of the few assets that managed to recover entirely from the massive crash on March 12 due to […] дальше »
2020-6-9 23:41 | |
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NXS Could Be The Next Coin To Double In Value
The NXS price has reclaimed an important support level and broken out from a descending resistance line. Once it moves above its 200-day moving average (MA), it will likely accelerate upwards. The previously mentioned support level is found at 1900 satoshis. дальше »
2020-6-5 16:54 | |
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Matic’s Increase and the Bitcoin Dominance Rate
Matic Network (MATIC) has increased by 64% since May 11. The price is trading inside a steep ascending channel and has reached an important resistance level. Whether the Bitcoin dominance rate (BTCD) breaks down or bounces from the current support area will determine if the upward move for MATIC will continue. дальше »
2020-5-30 23:20 | |
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Bitcoin Could Soon See a $1,300 Loss as It Nears Key Resistance
Bitcoin has been flashing signs of immense strength throughout the past few days as it pushes up towards the mid-$9,000 region. Although on a surface level this movement appears to be bullish, it is important to note that the cryptocurrency is now pushing up against heavy resistance. дальше »
2020-5-29 00:30 | |
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Outlining the Future Movement of LINK and XTZ
ChainLink has been decreasing since May 22 but has bounced at a minor support level. However, there is considerable resistance overhead. Tezos is also trading inside an important support level but has broken down from a short-term ascending support line. дальше »
2020-5-28 15:10 | |
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How Long Can Bitcoin’s Upward Move Continue?
The Bitcoin price has broken out from a descending wedge but has yet to move above an important resistance level. Technical indicators have begun to show weakness. Yesterday, the Bitcoin price began an upward move and broke out above the current resistance level. дальше »
2020-5-28 11:10 | |
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What’s Next for Bitcoin After Breaking Out?
The Bitcoin price has broken out from a descending wedge and is currently trading near a very important resistance level, found between $9,200-$9,350. Until the price is successful in moving above this area, the price movement cannot be considered bullish. дальше »
2020-5-28 04:15 | |
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Bitcoin Bounces at Important Support Level
The Bitcoin price has bounced at an important support level and created a descending wedge, from which the price is expected to break out. The Bitcoin price has been decreasing since May 14, trading inside a descending wedge. дальше »
2020-5-27 12:22 | |
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REN Nears End of Bullish Trend While MATIC May Be Just Starting Its Own
MATIC has just broken out from an important resistance level and could increase rapidly due to the lack of resistance above the current price level. While REN has successfully flipped and important horizontal resistance level, its upside potential seems limited, due to the fact that it has yet to clear numerous important resistance areas. дальше »
2020-5-27 01:15 | |
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2 Altcoins That Could Soon Break Out
ALGO has reclaimed a long-term support level and created a bullish reversal pattern. RSR is attempting to break out above a very important resistance level but has yet to do so. Algorand (ALGO) The possibility of the ALGO price moving upwards was shown by @damskotrades, and it shows that the price has just reclaimed the […] The post 2 Altcoins That Could Soon Break Out appeared first on BeInCrypto. дальше »
2020-5-27 17:50 | |
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Bitcoin’s Price Movement Explained by the Wyckoff Distribution
The Bitcoin price has been gradually decreasing since May 14 and has reached an important support level at $8,400. A breakdown below it would confirm the bearish trend and make the movement until now a part of a bearish Wyckoff distribution. дальше »
2020-5-26 02:15 | |
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ICX Has Doubled in Value and WRX Could Follow Its Lead
The ICON (ICX) price has been rapidly increasing since May 15 but has reached an important resistance level and it is unclear if it will break out from it. WazirX (WRX) has been showing similar movement to ICX prior to the breakout but has yet to break out from its descending resistance line. дальше »
2020-5-26 22:23 | |
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Where Will Bitcoin Find Support?
During the week of May 17-24, the Bitcoin price decreased considerably. It created a bearish engulfing candlestick that caused it to decrease all the way to an important support level. A breakdown below this support could indicate that the price has begun a new bearish trend. дальше »
2020-5-25 14:05 | |
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These 2 Altcoins Could Be the Next Ones to Initiate Upward Moves
Theta Token (THETA) has broken out above an important resistance level and validated it as support afterwards. RVN has yet to break out but is showing strong signs of a reversal. Ravencoin (RVN) Cryptocurrency trader @IncomeSharks outlined an RVN chart in which the price is exiting his buy zone, which is found at 200 satoshis. дальше »
2020-5-21 00:15 | |
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The Bitcoin Dominance Rate Lessens, Alt-Season Hopes Fade
While the Bitcoin dominance rate (BTCD) has moved above an important resistance level, the altcoin dominance (ALTD) was rejected by its previous support area and has been decreasing since. While several altcoins have previously initiated strong upward moves, the majority of them have been correcting, decreasing towards and even below their pre-breakout levels. дальше »
2020-5-19 19:15 | |
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Bitcoin’s Outlook is Bright as It Trades Above Key Cloud Formation
Bitcoin appears to have entered a firm consolidation phase within the mid-$9,000 region following the latest rejection at $10,000 In spite of the signs of weakness that BTC has flashed throughout the past several days, it is important to keep in mind that it has sustained above multiple key technical levels It now appears that the cryptocurrency could be well positioned to see further upside, but there is one key resistance level that must be […] дальше »
2020-5-17 22:00 | |
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Professional Money Managers Loading Up on Bitcoin Post Halving
After making yet another attempt towards $10,000, Bitcoin failed to take over this important level and is currently trading under $9,500. Interestingly, the world's leading cryptocurrency is challenging the downtrend experienced after the 2017 bull run. дальше »
2020-5-17 18:13 | |
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Bitcoin Dominance Breaks Upward Despite a Range-Bound BTC Price
On May 6, the Bitcoin dominance rate increase above the 68% area for the first time since Jan 14. The flip of such an important level is a bullish sign that suggests that the price will be positively influenced by this. дальше »
2020-5-13 19:10 | |
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5 Bullish Bitcoin Charts, Three Patterns Not Seen Since the Parabolic Run of 2017
Earlier this week, bitcoin broke the important psychological level, $10,000 and hovered around this level for two days only to make a retreat today. Currently, we are trading around $9,500 while managing the daily trading volume of just $2 billion, yet again slowing down on the weekend. дальше »
2020-5-10 21:37 | |
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Bitcoin Miners Hoarding BTC Just 3 Days from Halving
The price of bitcoin is having strong momentum, as it climbed over $10,000, an important psychological level. Jehan Chu of Kenetic Capital said, “Bitcoin trades sentiment-driven at its peaks and valleys, and the post-halving hangover is part of the normal price ebbs and flows on top of Bitcoin’s fundamental value.” But the price is not […] дальше »
2020-5-9 20:34 | |
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Can Bitcoin Break Out Above this Long-Term Resistance Line?
The Bitcoin price has reached an important resistance line which has been in place since the price reached an all-time high in December 2017. Well-known trader @PostyXBT tweeted a Bitcoin price chart that shows that the price is trading at a very critical resistance level. дальше »
2020-5-7 20:18 | |
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Is Bitcoin Trading Inside a Bullish Or Bearish Triangle?
The Bitcoin price is currently trading at the resistance line of either a descending or symmetrical triangle. The next low will help determine the correct pattern. This resistance, found at $9,150, is both a previous support level turned to resistance and an important Fibonacci level. дальше »
2020-5-5 11:10 | |
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Analyzing Bitcoin’s Correlation With the S&P 500
The S&P 500 has been increasing since March 13, when it reached a low of $2,173. Since then, the price has increased by 28%. However, the increase has seemingly stalled over the past week, since the price has reached an important resistance level. дальше »
2020-5-5 01:15 | |
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How Online Gambling Industry Has Been Disrupted by Technology
Coinspeaker How Online Gambling Industry Has Been Disrupted by TechnologyTechnology has fundamentally changed online gambling in many ways. The highest level of security and fairness are among the most important benefits of this transformation. дальше »
2020-4-28 22:05 | |
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Bitcoin Rallied 140% It Claimed This Critical Level. It Just Happened Again
It has been an important past few weeks for Bitcoin. Due to consistent buying pressure, the cryptocurrency has crossed above key resistance level after key resistance level after March 12th’s crash, reaching a high of $7,800 just recently. дальше »
2020-4-28 15:00 | |
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This Crypto May See Serious Upside as it Reaches Historically Important Level
The aggregated crypto market saw a notable upswing today that was first sparked when Bitcoin rallied from the lower-$7,000 region to highs of $7,800, leading Tezos and other altcoins to surge higher. дальше »
2020-4-24 00:00 | |
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Bitcoin Struggles to Break out From Its Trading Range
On April 22, the Bitcoin (BTC) price increased considerably from a low of $6818 to a high of $7158. This created a bullish engulfing candlestick. However, the price failed to move above an important resistance level that would otherwise indicate that the current trend is bullish. дальше »
2020-4-23 11:05 | |
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Will Altcoins Surge Following Falling Bitcoin Dominance Rate?
On March 25, the Bitcoin dominance rate reached a high of 67. 99%, well into an important resistance level. However, it was rejected sharply and has been decreasing ever since. A falling BTC dominance rate indicates that altcoins are surging or decreasing at a slower rate than Bitcoin. дальше »
2020-4-9 04:15 | |
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Bitcoin Establishing Elliott Formation Inside Ascending Wedge
On April 2, the Bitcoin price broke out above an important resistance area found at $6,800. Afterward, it validated this level as support and has been increasing since, breaking through the $7,000 resistance level without difficulty. дальше »
2020-4-8 15:43 | |
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This Bitcoin Indicator Suggests the Top Is Near
The Bitcoin price has increased considerably in the month of April, having done so by almost 20%. However, the price is approaching an important resistance level, which previously has been successful in reversing the trend. дальше »
2020-4-8 00:15 | |
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Bitcoin Price: Current Level Acted As Launchpad For Past Historic Rally
Bitcoin price has nearly doubled in price after the historic collapse that occurred in mid-March took the asset back to under $4,000 at the low. The first-ever cryptocurrency has reclaimed a critically important level that in the past has acted as a launchpad for a record-breaking, over 40% rally in under 48 hours. Is Bitcoin... дальше »
2020-4-8 19:00 | |
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Bitcoin Breaks Out Above $6,000 – What’s Next?
On March 19, the BTC price initiated an upward move and increased above $6,000. This was an important resistance level that the price had been struggling to break out from since March 13. Bitcoin (BTC) Price Highlights The Bitcoin price has made two failed breakout attempts since Feb. дальше »
2020-3-20 00:15 | |
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Outlining the Optimal Bitcoin Price Levels to Initiate Trades
On March 11, the BTC price underwent a rapid price decrease that took it below $6,900. This level has been very important since the price has not traded below it since May 2019 and had offered support for the majority of 2018. дальше »
2020-3-19 01:15 | |
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Bitcoin Price Has 8 Hours to Close Above Crucial $5,500 Level: Why It’s Important
Bitcoin has had a tough week, to say the least; after peaking at $9,200 on Saturday, the cryptocurrency started a precipitous decline, falling through support level after support level as if they were irrelevant. дальше »
2020-3-15 18:30 | |
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Bitcoin Analysis for 2020-03-11 [Premium Analysis]
On March 10, the BTC price broke out from its short-term trading range, but could not sustain the higher prices and decreased below the middle of the range shortly after. Bitcoin (BTC) Price Highlights The Bitcoin price has reached an important daily support level. дальше »
2020-3-11 12:10 | |
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XRP Price Continually Fails at $0.24: Here’s Why This Level is So Important
Ever since tapping multi-week lows on the weekend, the crypto market has embarked on a recovery. XRP, having traded as low as $0. 22 last week is now at $0. 241, rallying alongside Bitcoin, which has retaken $9,000 as of the time of this article’s writing, per data from CoinMarketCap. дальше »
2020-3-6 19:58 | |
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Bitcoin Becoming A “Currency of Choice” Will Push BTC Price Up 2,500% – Tim Draper
Bitcoin has been extremely volatile for the past two weeks, trying to stay above the important psychological level $10,000 but unable to as yesterday we went down below $9,500. Bitcoin might be in correction but according to venture capitalist Tim Draper, we are in for an “interesting ride. дальше »
2020-2-26 21:23 | |
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Why Is Bitcoin Having A Hard Time Cracking Past $10,000?
Bitcoin has been rejected several times from the mythical $10,000 level. This resistance level is definitely one of the most important levels for Bitcoin, technically and psychologically. The last time Bitcoin attempted a break above $10,000 was back in October 2019 when the digital asset peaked at $10,370 and crashed shortly after. Bitcoin was only […] дальше »
2020-2-26 21:08 | |
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Crypto News Roundup for Feb. 24, 2020
With the price of bitcoin repeatedly breaching and then retreating from the psychologically important $10,000 level, Markets Daily is back with another time crypto news roundup. дальше »
2020-2-25 20:00 | |
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Two Small Cap Coins That Can Increase Considerably Over the Coming Weeks
The PERL price has doubled in value over the past week. AMB has yet to increase significantly, but it has broken out above an important resistance level. PERL Highlights There is support at 400 satoshis. дальше »
2020-2-12 09:18 | |
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