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Bitcoin’s Consolation Signals It Is Coiling Up for a “Monster” Sized Movement

Bitcoin has been caught within a firm bout of consolidation throughout the past several weeks, being unable to garner any momentum as it trades within the $9,000 region The cryptocurrency is flashing some signs of overt weakness as of late, as buyers have laced the upper-$9,000 region with heavy resistance One analyst is now noting that this consolidation is likely to result in BTC making a “monster” sized movement If the resistance between $9,600 and […] дальше »

2020-6-15 19:00


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Bitcoin’s Consolidation is Likely to Lead it to $9,200 Next; Here’s Why

Bitcoin has continued consolidating following a bout of intense volatility yesterday that sent it into the $10,000 region This movement was short-lived, and the tap of this resistance level was once again followed by a firm rejection Analysts are now noting that the cryptocurrency is growing weaker as it continues trading beneath its resistance This could open the gates for BTC to post some notable losses in the days and weeks ahead, with one analyst […] дальше »

2020-6-12 21:00


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Bitcoin Gets Rejected Once More by $10,500 Resistance

On June 1, the Bitcoin (BTC) price broke out from a pattern that had been in place for nearly one month and proceeded to reach a high of $10,380. While this is a very bullish development, the price has yet to move above a crucial resistance area that will likely determine the direction of the […] The post Bitcoin Gets Rejected Once More by $10,500 Resistance appeared first on BeInCrypto. дальше »

2020-6-3 19:58


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Bitcoin Likely on Verge of a Full-Blown Bull Run: On-Chain Analytics

Since the $3,700 bottom seen in the middle of March, Bitcoin has rocketed higher, rallying as high as $7,470 in an impressive fashion. While impressive, the cryptocurrency is not yet in a full-blown bull run, with there existing a confluence of resistance overhead the BTC price, analysts are gaining confidence a bull run is near. дальше »

2020-4-16 04:00


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The Fall in Bitcoin’s Dominance Rate Could Cause These 2 Altcoins to Surge

The Bitcoin dominance rate has reached a significant resistance area and decreased afterward as a result. The fact that it is trading inside a bearish pattern makes a breakdown likely. Well-known trader @KingThies stated that he has noticed the reduced engagement in altcoin posts and the fact that the prices are very near all-time lows. дальше »

2020-3-28 17:30


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Bitcoin Aims to Re-Test Important Weekly Support and Resistance Levels

During the week of March 16-23, the Bitcoin price increased significantly, at one point reaching a high of $6,900. However, it decreased considerably over the weekend. Since the price failed to reclaim this important resistance area, this week’s movement will likely see a bearish re-test of support, rather than the beginning of an upward move. дальше »

2020-3-23 17:10