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This Historically Accurate Fractal Suggests Bitcoin Will Soon Hit $15,500
Bitcoin is currently seeing a strong upswing that has led it past multiple heavy resistance levels This move comes just days after tech giant Square announced their plan to hold $50 million worth of Bitcoin as a reserve asset This is the second public company to turn towards BTC to protect their capital, with this bourgeoning trend sparking excitement amongst investors There is one fractal pattern that indicates further upside could be imminent in the […] дальше »
2020-10-11 01:00 | |
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Bitcoin Indicators Following the Same Trajectory They Did Before the 2017 Bull Run
Since Square's Bitcoin investment news broke out on Thursday, the digital currency has been chasing higher levels. The first bust of momentum saw us reaching for $11,000, the second one breaking it, and then we went nearly to the $11,500 level. дальше »
2020-10-10 16:37 | |
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Ethereum Just Closed Beneath These Critical Levels; Here’s What May Come Next
Ethereum’s price action throughout the past few days and weeks has been rather lackluster The cryptocurrency has been underperforming Bitcoin and even some of its altcoin counterparts This trend is shifting slightly today, as the entire crypto market is starting to move higher One analyst is noting that ETH is bearish from a purely technical standpoint, as it is currently trading below multiple key technical levels Yesterday, it closed beneath both its 50 and 100-day […] дальше »
2020-10-9 23:00 | |
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Data Shows This Single Trump Tweet Marked the Local Bitcoin Bottom
Bitcoin’s price has lacked directionality throughout the past several days and weeks, with both buyers and sellers reaching an impasse This has come about as it continues trading squarely in the middle of its long-held trading range between $10,200 and $11,200 Despite being closely correlated to the stock market, yesterday’s intense equities rebound was not enough to pull Bitcoin higher The cryptocurrency still remains below multiple key levels One analytics firm still believes that the […] дальше »
2020-10-8 21:00 | |
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Why One Bitcoin Analyst Believes the Market is “Scared for All the Wrong Reasons”
Bitcoin’s price action as of late has been driven by a combination of recent news developments, jitters within the macro-economic environment, as well as technical weakness. That being said, these factors have not been enough to push the benchmark cryptocurrency below any crucial support levels, as it is still trading within the macro trading range […] дальше »
2020-10-3 19:00 | |
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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: Bitcoin May Face Prolonged Accumulation Phase Around $9,000
Bitcoin is now caught within a persistent and relatively tight accumulation phase between $10,600 and $10,800 The cryptocurrency has been unable to post any type of ardent reaction to either of these levels, and has mainly traded in between them at $10,700 BTC’s ongoing bout of sideways trading has done little to offer insight into its near-term outlook, but investors are noting that a fresh trend may be approaching One trader recently put forth a […] дальше »
2020-10-1 21:00 | |
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Only A Few Days Left For A Bitcoin September Close To Remember
There are less than a handful of days left in September, and therefore only a few days left for Bitcoin to make it a month to remember. In order to make it one for the history books, the cryptocurrency must hold above two key levels, both converging together at this crucial monthly close. How the […] дальше »
2020-9-27 04:00 | |
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Here’s the Key Level Bitcoin Needs to Close Above to Kick Off an Uptrend
Bitcoin’s price action has been choppy over the past couple of weeks, with bulls and bears reaching an impasse as it consolidates between $10,200 and $11,200 These two levels have proven to be strong support and resistance, and which one is broken first could offer some significant insights into its near-term outlook As for where it may trend in the near-term, one trader is noting that it all depends on its upcoming weekly candle close […] дальше »
2020-9-27 02:00 | |
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Bitcoin Topside Bias Vulnerable If it Closes Below One Crucial Level
Bitcoin price retested the $10,750 support and recently corrected higher against the US Dollar. BTC must stay above $10,750 to start a fresh increase in the near term. Bitcoin is struggling to gains momentum above the $11,000 and $11,000 resistance levels. дальше »
2020-9-21 07:08 | |
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Ethereum is at a Pivotal Point; Here are the Key Levels to Watch
Ethereum’s price has remained stagnant as the cryptocurrency trades at the lower end of its key resistance region between $380 and $400 The cryptocurrency has been unable to garner any sustainable buying pressure as it trades around this price region It does appear that ETH is waiting for guidance from Bitcoin before it makes a big move, and BTC is currently caught within a consolidation phase as it struggles to surmount the lower-$11,000 region One […] дальше »
2020-9-20 22:00 | |
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Two DeFi Coins that Have Bounced Near Support Levels
The prices of both Sushi (SUSHI) and Polkadot (DOT) have recently reached local bottoms. While the former seems to have begun a new upward move, it’s possible that the latter is still correcting and has one more lower-low before it resumes its upward movement. дальше »
2020-9-19 19:13 | |
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Here’s What Bitcoin’s Strong Weekly Close Says About Its Present Outlook
Bitcoin posted a strong weekly close yesterday afternoon, which is what allowed the cryptocurrency to see an overnight upswing that has led it past multiple crucial levels. While speaking about the digital asset’s price action, one analyst observed that its strong weekly close may continue acting as a launchpad for further upside, noting that bulls […] дальше »
2020-9-15 19:00 | |
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As Bitcoin Consolidates, Here are the Crucial Levels that Will Determine Its Future
Bitcoin has seen a strong rebound from its recent lows, but the cryptocurrency still remains caught within a firm consolidation phase between $9,900 and $10,300 The benchmark crypto is currently testing the upper boundary of this range, but its momentum is somewhat tempered at the moment and appears to be faltering Whether or not it can push any higher in the near-term may depend almost entirely on how it reacts to $10,300 One analyst is […] дальше »
2020-9-10 02:00 | |
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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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LINK Bounces Strongly After Market-Wide Crash
The ChainLink (LINK) price has been increasing since a strong bounce on September 5. A breakout above one of the resistance levels outlined below could mean that the price has begun a new upward trend and will head towards a new all-time high. дальше »
2020-9-8 18:43 | |
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If Bitcoin Defends One Crucial Level, It May Soon Push Significantly Higher
Bitcoin appears to be forming a new consolidation phase as it trades between lows of $10,000 and highs of $10,800 The cryptocurrency has been trading squarely between these two levels for the past several hours, being unable to post any notable rebound from yesterday’s downturn The weakness that it expressed yesterday struck a serious blow to its near-term outlook, as it showed that the benchmark cryptocurrency might not have enough strength to maintain its position […] дальше »
2020-9-5 02:00 | |
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Bitcoin Bulls Remain in Full Control as Long as They Defend a Few Key Levels
Bitcoin has witnessed intense inflows of selling pressure throughout the past several hours on news of Bithumb’s Korean offices being “raided” by authorities Although it remains unclear as to why the raid took place – or why Bitcoin investors should care – it instantly led fear to spread throughout the industry This created shockwaves that caused many other digital assets to plunge lower as well, with Ethereum at one point dropping from highs of $480 […] дальше »
2020-9-3 21:00 | |
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Bitcoin is About to See Strong “Liftoff” if It’s Able to Hold One Crucial Level
Bitcoin price is trading in a bullish zone above the $11,600 support against the US Dollar. BTC is likely to gain strong momentum above $11,800 as long as it is above $11,550. Bitcoin is following a nice bullish path above the $11,550 and $11,600 support levels. дальше »
2020-9-1 07:08 | |
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Bitcoin Goes Under $11.4K, But Bulls See Opportunity With FED Chair’s Upcoming Speech On Inflation
Bitcoin bears have got a better grip of the asset in the last few hours, successfully leading it under $11. 5K. This level is crucial to investors and has been one of the most-watched levels in recent days. дальше »
2020-8-26 12:58 | |
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Ethereum Could Narrowly Avoid a Major Decline if it Closes Above One Key Level
Ethereum spiked below the $400 support before recovering higher against the US Dollar. ETH price must surpass the $420 resistance and the 100 hourly SMA to start a fresh increase. Ethereum is currently holding the $405 and $400 support levels. дальше »
2020-8-21 08:48 | |
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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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Here’s Why Bitcoin Could Crush Altcoins in Coming Weeks
Altcoins have been posting exorbitant gains throughout the past few weeks, severely outperforming Bitcoin and most major digital assets This has come as both Bitcoin and Ethereum find themselves caught in prolonged consolidation phases just beneath their key near-term resistance levels Where they trend next may have heavy influence over the uptrends currently seen by smaller altcoins While speaking about this, one analyst explained that he expects BTC to crush altcoins in the coming weeks […] дальше »
2020-8-10 19:00 | |
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This Newly Formed Structure Could Cause Bitcoin to See Major Losses
Bitcoin and the aggregated cryptocurrency market are currently in a precarious position following the series of strong rejections seen yesterday evening The selling pressure incurred as a result of these rejections has not yet been enough to force BTC or other assets below their crucial support levels That being said, analysts are growing increasingly cautious on BTC’s near-term outlook One trader explained that a recently emerged technical pattern seems to indicate downside is imminent It […] дальше »
2020-8-5 02:00 | |
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US Printed More Money in One Month Than in Two Centuries
The Federal Reserve’s money printer has cranked up to ridiculous levels — but will it really lead to inflation?
дальше »2020-7-31 06:29 | |
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Analyst Who Forecasted Latest Bitcoin Rally Now Predicts Move to $18,000
Bitcoin’s price has found some notable stability in the time following its intense rally past $11,000 seen yesterday Although the cryptocurrency has not yet retraced following this incredible movement, it does appear to be facing some resistance above its current price levels BTC is now establishing the $11,000 level as support, which is a highly bullish sign – according to analysts One prominent trader who forecasted this latest movement is now noting that the crypto […] дальше »
2020-7-29 21:00 | |
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Chainlink Hits Yet Another All-Time High, Tops Ethereum’s Search Volume
Both fundamentally and technically, Chainlink (LINK) is Bullish on all levels. Yesterday it was reported that LINK had made another record-breaking move to become the 8th largest cryptocurrency by market capitalization, and while Chainlink saw a slight decline in market cap bringing it down to the 9th place, LINK still closed as one of the […] дальше »
2020-7-15 18:04 | |
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This Technical Indicator is Signaling Bitcoin Could Soon Reel Towards $5,000
Bitcoin recently faced a rejection at $9,500 that appears to be a grim sign for its macro outlook The cryptocurrency has since reeled back within its long-held trading range between $9,000 and $9,300 How it trends next will likely depend on its reaction to this trading range Because BTC posted a failed breakout attempt, it is likely weaker now than it was during its last bout of prolonged consolidation at its current price levels One […] дальше »
2020-7-11 02:00 | |
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Ethereum Could Set a “Lower Low” if It Breaks Beneath This Crucial Level
Ethereum is now showing some signs of underlying weakness despite seeing some strong price action over the past few days After hovering within the upper region of its long-established trading range, the slight downwards movement seen by Bitcoin and the aggregated market has forced it lower It hasn’t declined beneath any crucial support levels yet, but several sit just below where it is currently trading at One analyst is noting that its closest support is […] дальше »
2020-7-11 23:00 | |
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It’s “Almost Time” for Bitcoin to Make an Explosive Movement; Factors to Consider
Bitcoin has been flashing some signs of weakness throughout the past 24-hours, as the crypto has been unable to maintain above multiple crucial technical levels It has once again fallen back within its long-held trading range between $9,000 and $9,300 Although this range could hold strong in the near-term, one analyst is noting that it is almost time for Bitcoin to make a massive trend-defining movement As for where this next move could lead the […] дальше »
2020-7-11 21:00 | |
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Stellar (XLM) Breaks One Year Downtrend As Bulls Target New Resistance Levels
Stellar (XLM) has broken past a one-year downtrend to trade slightly below 1000 Sats against Bitcoin. The 24hrs pressure from the bulls was a major driving factor to the point. In a period of 24hrs, slight gains piled up to reach 21% and the bulls strengthened pressure with strong price rejection which followed in the […] дальше »
2020-7-9 20:14 | |
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Number Of People Owning 1 BTC Nears One Million Amid Market Downturn
Two months after the Bitcoin halving event, the number of addresses holding 1+ BTC keeps rising. This trend has continued since the ‘Black Thursday’ market crash in March, which had a catastrophic impact on stocks and cryptocurrencies as both markets thumped deep asset price levels. дальше »
2020-7-6 14:14 | |
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The Last Time There Was This Much Dormant Bitcoin, It Rallied to $20,000
Bitcoin has been facing some intense weakness over the past couple of days The benchmark digital asset’s buyers and sellers have been locked within an intense battle around $9,000, with bears ardently attempting to hold it below this crucial support Although this doesn’t bode well for its near-term outlook, its macro outlook remains strong One fundamental metric just reached levels not seen since just before the intense 2017 rally up to $20,000 If history rhymes, […] дальше »
2020-6-29 19:00 | |
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Traders Say Bitcoin Looks Like 2020’s High. Key Data Begs to Differ
At the start of June, Bitcoin saw a crucial rejection at one of the most pivotal price levels: $10,500. After surging to that region, the cryptocurrency plunged by $1,000 in the days that followed. дальше »
2020-6-26 13:00 | |
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Bitcoin's Network Demand Score falls to pre-crash levels
Bitcoin's recent market movement has been one beset with volatility. However, some optimists still believe that the price of the world's largest digital asset can still surge to $300k levels. On the cThe post Bitcoin's Network Demand Score falls to pre-crash levels appeared first on AMBCrypto. дальше »
2020-6-20 11:00 | |
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Bitcoin Reclaiming This Level Could Lead to a 15% Surge: Here’s Why
With Bitcoin in no man’s land, investors have begun to identify clear levels for the cryptocurrency to hold for bulls to remain in control. One trader argued that if the cryptocurrency reclaims $10,000 on a longer time frame basis, a strong surge will follow. дальше »
2020-6-20 15:00 | |
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Bitfinex Crypto Exchange Receives Huge Bitcoin (BTC) Buy Orders But Can Price Sustain $9,000?
Bitcoin’s price touched sub-$9,000 levels in the early trading hours on Monday June 15, 2020 setting a bearish tone in the market. Despite climbing back to a shaky support level of $9,136 USD as at time of writing, one crypto analyst believes the markets are soon turning bullish. дальше »
2020-6-15 17:13 | |
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Stock Markets See Wild Price Swings – Here’s How It Compares to Bitcoin
One way or the other, all parts of the world have been affected by the pervasive turbulence, and as a result, most stocks have slumped down to the levels unseen before. The major 2020 stock market crash which took place back in February and was most severe on March 12, (the so-called Black Thursday), lasts […] дальше »
2020-6-13 10:39 | |
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A Bitcoin Lull In The Aftermath Of Inflation
Gradually, as the world strives to return back to normal and facilities opening up, stock markets start recovering and struggling to bounce back to levels before the lockdown sprang. This recent optimism shows clear confidence of investors who, despite weakness and volatility, are making bullish predictions on the future of the markets. One of the […] дальше »
2020-6-12 11:26 | |
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Ethereum is one of the altcoins facing stiff resistance at key price levels
Coinbase will complete the acquisition of Tagomi later this year but has not disclosed... The post Ethereum is one of the altcoins facing stiff resistance at key price levels appeared first on Coin Journal. дальше »
2020-5-29 22:55 | |
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Harmony’s 4-Shard Network Upgrades to Support Staking, Allowing Users to Earn ONE Tokens
News has surfaced that Harmony has revealed they are extending staking options for their Mainnet users. They will reward users with extra tokens for locking their ONE token. According to Harmony cofounder Nick White, this sort of arrangement would build trust levels with their client base without actually identifying them. Harmony's top brass with a […] дальше »
2020-5-21 18:25 | |
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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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Bitcoin Is in “No Man’s Land” After the Halving: Here Are Key Levels to Watch
Since the block reward halving on Monday, the Bitcoin market has entered somewhat of a lull, with the asset trading in the high-$8,000s with little volatility ever since the event. This price action — or lack thereof — has brought the cryptocurrency into “no man’s land,” according to one popular crypto trader pointing to the chart below. дальше »
2020-5-13 04:00 | |
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CME Bitcoin Futures Jumped Past $10,000, Reacting Strongly to the Halving in 3 Days
As bitcoin starts to take off to new levels, one financial instrument has already broken $10,000. Bitcoin futures offered by the CME Group reached this milestone on May 7, and it is currently trending higher past $10,045. дальше »
2020-5-8 15:26 | |
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Bitcoin Was Just Mentioned in “Billions” Again: Here’s How It Went Down
Bitcoin and crypto assets are far from the levels of popularity they had at the peak of 2017’s bubble. Yet this asset class remains a key theme in pop culture, acting as a plot device in the latest episode of one of television’s hottest finance dramas. дальше »
2020-5-5 13:00 | |
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Bitcoin‘s Fate May be Determined By How it Responds to this Single Level
Bitcoin pushed higher overnight as bulls attempted to firmly surmount the $9,000 region, although the crypto faced yet another rejection at these price levels One fund manager is now noting that BTC’s current price region seems like a logical place for its uptrend to stall This comes as a respected trader notes that the crypto has reached a pivotal price level that could determine its fate in the weeks and even months to come Bitcoin […] дальше »
2020-5-1 21:00 | |
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Bitcoin Market “Fireworks” Are Dependent on This Critical Level Above $10k
The past few days have undoubtedly been bullish for Bitcoin, with the cryptocurrency ripping over 20% higher from the mid-$7,000s to a price as high as $9,500 over the course of 48 hours. This stunning rally has brought the cryptocurrency above some key resistance levels pointed out by traders. One trader noted that during the... дальше »
2020-5-1 14:00 | |
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