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This Pattern Suggests Bitcoin May Soon Reel Lower and Tap Fresh Lows
Bitcoin is currently caught within an incredibly tight bout of sideways trading, with its price mainly hovering around $10,500 for the past couple of days Overnight, bears did attempt to spark a sharp downside move when they pushed the crypto as low as $10,400 This dip was fleeting, as bulls quickly propelled it back up to its current price level BTC’s inability to form a decisive trend comes as it trades between two crucial levels […] дальше »
2020-9-24 21:00 | |
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Google Trends Suggests Crypto Hype Not Yet Reached the Public
Despite plenty of market drama from within the cryptocurrency industry, it seems the general public is not yet taking notice. Google Trends data shows that the number of searches for terms like “Bitcoin,” “Ethereum,” and “crypto” is much lower than it was in late-2017. дальше »
2020-9-24 18:20 | |
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YFI Worst Hit by Ongoing Crypto Market Meltdown; Could It Recover?
YFI has been among the worst-hit tokens in an ongoing meltdown that has wiped $65 billion from the cryptocurrency market. As of 1223 GMT Tuesday, YFI/USD was trading about 47 percent lower from its all-time high at $44,003. дальше »
2020-9-23 16:00 | |
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Analyst Sees Ethereum in “Reversal Stages” as Price Dips 20%
Ethereum is on the track of registering more losses eves as it trades 196 percent higher on a year-to-date timeframe. A pseudonymous analyst highlighted a string of technical and fundamental catalysts that could push the second-largest crypto lower. дальше »
2020-9-19 14:19 | |
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Bitcoin Faces “Weak” Selloff as Buyers Gear Up for a Push Higher
Bitcoin’s price has stabilized following its recent bout of intense volatility This turbulence mostly favored bulls, as the crypto was able to rally as high as $11,100 before facing some heavy resistance that slowed its ascent Analysts are now widely noting that it may be poised to see some further weakness in the near-term That being said, the tempered reaction to the strong selling pressure in the lower $11,000 region does seem to be a […] дальше »
2020-9-18 21:00 | |
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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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Here’s the Key Level Analysts Are Eyeing After Ethereum Surged 25% From Low
Earlier this week, Ethereum plunged as low as $310-315 as legacy markets tumbled, dragging crypto lower. The cryptocurrency has since undergone an extremely strong bounce, recovering 25% to the $389 level where ETH sits at now. дальше »
2020-9-13 10:00 | |
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Gold Fractal Predicts the Ethereum-Based LEND Could Double in Months Ahead
Like other crypto assets, LEND underwent a strong correction last week. The cryptocurrency came under pressure due to Bitcoin and Ethereum diving lower as the legacy market slipped. LEND also suffered from a short-term collapse in DeFi, caused by the exit of Chef Nomi from SushiSwap. дальше »
2020-9-13 05:20 | |
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A Majority of Investors Think Bitcoin Ends the Year Above $10,000
Bitcoin is currently trading at $10,400 but analysts think the cryptocurrency is poised to slip lower. A majority of investors think that Bitcoin will end 2020 above $20,000. Bitcoin Will End 2020 Above $10,000, Investors Suggest in Poll According to a recent poll conducted by Bitcoin and crypto analyst Chris Burniske, a majority of cryptocurrency investors think BTC will end 2020 above $10,000. дальше »
2020-9-13 00:12 | |
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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 Gearing Up for a Major Push Lower as Analysts Eye $9,600
Bitcoin’s inability to break above $10,500 speaks to some underlying weakness amongst the cryptocurrency’s bulls It also shows that the bears still have the edge over the benchmark crypto’s price action, which could mean that a break below its key support between $9,900 and $10,000 is imminent BTC is currently caught within a consolidation phase, being unable to find any strong momentum following the recent rejection Analysts are growing bearish on its near-term outlook, with […] дальше »
2020-9-12 02:00 | |
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Financial Advisory Group: Bitcoin Would Be 40% More Valuable Without Manipulation
There are two sides to every coin and to every argument, and the same goes for Bitcoin. Some argue that without manipulation, the crypto bubble may never have taken place, and the asset would still be trading at much lower prices. дальше »
2020-9-12 23:00 | |
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Top DeFi coins — Chainlink, Sushi, Band, and others — face severe drop
It’s been a tough past week for the crypto market, with coins from Bitcoin to the smallest altcoins plunging lower. The post Top DeFi coins — Chainlink, Sushi, Band, and others — face severe drop appeared first on CryptoSlate. дальше »
2020-9-8 20:00 | |
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LINK Price Jumps 20% Despite Bearish Market Bias; What’s Next?
LINK was among the biggest crypto gainers in the last 24 hours as its price jumped 20 percent. The Chainlink token rose to $13. 40 before correcting lower on intraday profit-taking sentiment. As of the early Monday session, LINK/USD was trading at $12. дальше »
2020-9-7 14:00 | |
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Bitcoin is Poised to Explode Towards $11,000 After Tapping Key Liquidity Region
The crypto market has been battered throughout the past few days, with sellers gaining a serious edge over buyers as they force most digital asset prices lower The strength of this selling pressure has been enough to cause some major altcoins like Ethereum to post monumental losses, with ETH plunging to lows of $330 while Bitcoin briefly broke below $10,000 It is important to note that BTC’s latest breakdown was quickly absorbed by bulls, who […] дальше »
2020-9-6 19:00 | |
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Bitcoin’s Powell Pump Could Be Crypto Market Shakeout Claims Pseudonymous Trader
This morning, just as the Fed’s Jerome Powell began his speech, Bitcoin started pumping in a fast-moving short squeeze, driven by inflation narrative. However, the move just as quickly reversed, plummeting back down to lower than where the pump first began. дальше »
2020-8-28 17:58 | |
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How BTC, ETH, and LINK Are Likely To Perform Following Huge Price Retracements
Despite analysts’ bullish sentiment, the recent dump in the crypto market has seen Bitcoin and key altcoins making lower highs and lows. This week’s most-watched coins include Bitcoin, Ethereum, and Chainlink, whose trend reversals will have a fairly accurate estimate on the direction of the crypto market. дальше »
2020-8-27 14:41 | |
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Bitcoin (BTC) stock price corrects after a failed breakout
Bitcoin (BTC) price has been dragged lower to test weekly support near $11,000 after the buyers failed to close above the $12,000 handle last week. Fundamental analysis: A beginning of another bull market? The largest Bitcoin exchanges and crypto wallet apps such as Coinbase, Blockchain Wallet, Binance, BRD and others registered record-high combined downloads last month, largely thanks to the fact that many institutional investors turned to BTC in the midst of unparalleled coronavirus stimulus spending. дальше »
2020-8-28 13:42 | |
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Analyst on Why Ethereum’s Bullish Market Structure Is Intact After Strong Drop
Like most other crypto assets, Ethereum has slipped lower over the past four days. After peaking on Monday, all cryptocurrencies have retraced as Bitcoin has fallen lower seemingly due to a rise in the value of the U. дальше »
2020-8-23 22:00 | |
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Ethereum at Risk of Seeing Major Downside; Here’s What Analysts are Watching
Ethereum has seen mixed price action over the past couple of weeks After rallying to highs of nearly $450 last week, the crypto faced an insurmountable influx of selling pressure that forced it lower Initially, this decline forced ETH to lows of $398 before it bounced towards $420, but today it faced another bout of selling pressure that sent it back to its $400 support Analysts are now starting to grow increasingly bearish on the […] дальше »
2020-8-22 23:00 | |
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Another Massive Bitcoin Flash Crash Similar to That of March 2020 Appears Unlikely Due to This One Reason
After days of explosive rally, Bitcoin has started showing some slump and for the second day, the benchmark crypto is about to print a lower low. As always, every time Bitcoin gets pushed lower, altcoins also drift away. дальше »
2020-8-20 19:59 | |
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Analyst: Bitcoin Could Surge to $17,000 Once This Crucial Level is Broken
Bitcoin has been caught within a bout of sideways trading for the past couple of weeks This has led it to form a relatively wide trading range between $11,200 and $12,200 The crypto’s buyers have been ardently guarding against a dip to below the lower boundary of this range, as a strong upswing follows each visit here Analysts are now noting that BTC may be positioning itself to see significantly further gains in the short-term […] дальше »
2020-8-16 19:00 | |
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A Crypto Trader Thinks Ethereum Could Plunge Towards $300 as Momentum Slows
After Bitcoin and Ethereum attempted to surge past $12,000 and $400, respectively, the momentum has tapered off. Over the past day, the leading cryptocurrencies have plunged lower despite a weakening U. дальше »
2020-8-12 04:00 | |
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XRP Posts Classic “Bearish Retest” Pattern as Analysts Eye Lower Lows
XRP has been able to post some notable gains throughout the past couple of days Its recent upswing has even come about as Bitcoin and Ethereum both reel lower as a result of their latest rejections Despite being laggard throughout the early phases of this rally, the embattled crypto is now looking strong Analysts are still cautious about its mid-term outlook, however, as this latest upswing could simply mark a “bearish retest” of the upper boundary […] дальше »
2020-8-4 23:00 | |
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Ethereum lead large-cap assets, while the small-cap slips lower
The low volatility streak of cryptocurrencies has finally concluded and the bulls have rushed back into the market. Bitcoin, the largest crypto witnessed a surge in its price on 27 July, and the altcoThe post Ethereum lead large-cap assets, while the small-cap slips lower appeared first on AMBCrypto. дальше »
2020-7-30 00:00 | |
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Deduct Crypto Trading Losses From Taxes with Cointracking
For anyone who bought Bitcoin and other cryptocurrencies when their prices were high, there’s a silver lining around the gray state of crypto markets now. Any losses taken could place traders in a lower tax bracket. дальше »
2020-7-25 16:52 | |
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‘CryptoWhale’ Reveals What Needs To Happen For XRP To See A “Huge Bull Run”
XRP is one of the cryptocurrencies in the top 5 that has not yet recovered from the March 12 crash that the crypto and stock market suffered from. In contrast, Bitcoin has recovered, so has Ethereum and even some prominent lower market cap coins. дальше »
2020-7-20 15:58 | |
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Here’s Why Ethereum Breaking Below $225 Could End “Altseason”
Ethereum has seen some notable losses that have sent it down to the lower boundary of its trading range The crypto is now flashing some overt signs of weakness This is rooted in the lack of strength seen by both Bitcoin and most other major digital assets Analysts are now noting that $225 is a crucial level for ETH One trader is even noting that it is arguably the “biggest level” in the crypto’s history […] дальше »
2020-7-17 23:00 | |
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Here’s Why One Analyst Thinks Cardano (ADA) Could Soon “Nuke” Lower
Cardano saw a massive upswing yesterday that allowed it to erase virtually all of its recent losses For a brief period, the crypto even tapped its previously established yearly highs, although the selling pressure here proved to be quite significant As for where the cryptocurrency could trend next, analysts are growing increasingly cautious about its outlook Despite there being a few technical signs that suggest it may continue pushing higher, one trader is noting that […] дальше »
2020-7-16 23:00 | |
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Spikes in Bitcoin Exchange Inflows Signal a Large Selloff is Looming
Bitcoin has continued trading sideways within the lower $9,000 region overnight, with its ongoing consolidation phase now extending over ten weeks Although the crypto has yet to express any clear momentum, likely, this lackluster trading bout will ultimately result in it making a massive movement Analysts are now noting that exchange inflows over the past few weeks have been surging, suggesting that traders may be preparing to offload their BTC This could help provide the […] дальше »
2020-7-16 21:00 | |
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Chainlink Sees “Off the Chart” Exchange Inflows as Whales Look for an Exit
Chainlink’s impressive multi-year high reached a boiling point a couple of days ago when bulls pushed it to fresh highs of $8. 50 The crypto faced a firm rejection here that has since caused its price to reel lower Buyers have since been able to construct what could be a mid-term bottom within the lower-$7. дальше »
2020-7-15 23:00 | |
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Bitcoin Set Another “Lower High” as Analysts Eye a Sub-$9,000 Move
Bitcoin faced a grim rejection at $9,500 earlier this week that has caused its price to flash some notable signs of weakness. This rejection has now caused the crypto to set another “lower high” – further bolstering the bear case and causing BTC to be prone to seeing further near-term downside. One analyst is now […] дальше »
2020-7-11 19:00 | |
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Analyst: Bitcoin Needs to Push Past $9,600 to Avoid a Brutal Decline
Bitcoin now appears to be entering another consolidation phase around $9,300 Its buyers have been unable to surmount the resistance that exists around this price level Each attempt to break above it has been met with an influx of selling pressure that forces it lower As for what may come next, analysts are noting that it is imperative that buyers step up and force the benchmark crypto higher if they are to catalyze any further […] дальше »
2020-7-8 21:00 | |
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Crypto Analyst Claims Bitcoin Is Less Than 50 Days Away From Topping $10k “Forever”
There is an ongoing debate on where the price of Bitcoin may be going next after spending weeks consolidating at $9,000. While some analysts and traders expect the price to plunge to various levels lower than $9,000, a chartered financial analyst at Cane Island and the author of “Bitcoin Spreads Like a Virus”, Timothy Peterson […] дальше »
2020-7-8 15:30 | |
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The Grayscale Bitcoin Trust May Be Signaling BTC has Formed a Long-Term Bottom
Bitcoin has been consolidating between $9,000 and $10,000 for the past several days and weeks, struggling to garner any clear trend The crypto has expressed some overt weakness in recent times due to its propensity to trade near the lower boundary of this range Buyers have been ardently defending against a drop below $9,000 One trend seen while looking towards the publicly traded Grayscale Bitcoin Trust seems to indicate that the cryptocurrency could be forming […] дальше »
2020-7-2 02:00 | |
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Swiss Authorities Amend Existing Laws to Foster Crypto Growth
The National Council, which is the lower house of the Federal Assembly of Switzerland, has unanimously passed a legislative package amending a large chunk of the nation’s existing financial laws in a bid to crush possible legal barriers and enable crypto and blockchain startups to flourish more, according to reports on July 1, 2020. дальше »
2020-7-2 23:00 | |
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XRP Tanks Compared To Crypto Counterparts Bitcoin And Ethereum, But Why?
XRP spent the last several years as the worst performer in the cryptocurrency market. And even though the altcoin has been beaten and battered, it has recently sunk even lower compared to Bitcoin and Ethereum. дальше »
2020-7-2 23:00 | |
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Bitcoin Continues Closing Below a Crucial Level, Boosting Bears
Bitcoin has remained caught firmly within its long-held consolidation phase, with both its buyers and sellers being unable to catalyze any sharp momentum in either direction It is important to note that unlike weeks past, BTC is now consolidating just above its crucial support level at $9,000 This seems to be a sign of overt weakness, and could hurt buyers should the crypto begin inching lower Analysts are now noting that Bitcoin has been consecutively […] дальше »
2020-7-2 21:00 | |
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Why Top Traders Expect Bitcoin to Hit $13,000 Despite Short-Term Weakness
Bitcoin appears to be incredibly weak from a short-term perspective. After breaking below $9,000 for a short period earlier this week, the crypto is once again at risk of breaking below the lower boundary of its long-held trading range. дальше »
2020-6-30 02:00 | |
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These Three Factors Suggest Bitcoin is Already in a Strong Downtrend
It has been a rough week for Bitcoin. The benchmark crypto rallied to highs of $9,800 just a few short days ago before once again being met with massive selling pressure that caused it to slide lower. дальше »
2020-6-30 00:00 | |
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Will Ethereum’s “New Market Cycle” be Enough to Stop it From Plunging Lower?
Ethereum has seen a distinct divergence between its fundamental utility and its price action Despite seeing unprecedented usage rates, the cryptocurrency’s price action has been closely correlated to that of Bitcoin and the aggregated crypto market One prominent investor is now noting that ETH appears to be entering a new market cycle This comes as the explosively popular DeFi trend continues gaining major traction From a technical perspective, some analysts do believe that it may […] дальше »
2020-6-22 22:00 | |
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Ethereum Miners Vote to Make Themselves a bit Richer
Ethereum miners are voting to increase the network’s gas limit from 10 million to 12.5 million per block. The move could lower transaction fees on the network, but it also... The post Ethereum Miners Vote to Make Themselves a bit Richer appeared first on Crypto Briefing. дальше »
2020-6-20 16:55 | |
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This Silver Fractal Suggests Bitcoin Could Soon See a Parabolic Rally
Bitcoin’s well-established consolidation trend is showing no signs of ending anytime soon, as the crypto is still hovering within the mid-$9,000 region Each attempt to break above or below the upper and lower boundaries of its current trading range have been unsuccessful There is, however, one fractal pattern that bodes well for the crypto’s bulls One analyst is pointing to similarities between previous silver price action and Bitcoin for insights into where the benchmark digital […] дальше »
2020-6-18 21:00 | |
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XRP Has Been Setting Lower Highs for 886 Days; Why Analysts Expect More Weakness
XRP has been severely underperforming the aggregated crypto market throughout 2020 The crypto is now on its 886th day of selling lower lows Analysts do not believe that this trend is going to alleviate anytime soon, as there are other signs of weakness that it has been flashing in recent times One veteran trader even noted that it could soon plummet another 30% against its BTC trading pair XRP has been struggling to garner any […] дальше »
2020-6-13 23:00 | |
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Bitcoin Just Broke Its Parabolic Uptrend; Here’s What Traders are Saying
Bitcoin’s recent volatility has done some damage to its underlying market structure, despite it being able to post an ardent defense of the lower boundary of its long-established trading range. Yesterday, the crypto plunged to lows of $9,000 before finding any strong support, but it has since been able to rebound from these lows. Despite […] дальше »
2020-6-12 19:00 | |
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Former Mt. Gox CEO Appeal Rejected By Japan’s High Court, Two Year Jail Term Stands
According to Associated Press report, a Japanese high court upheld a lower court’s ruling on the Mt. Gox saga, a crypto exchange that went bankrupt after 850,000 Bitcoins were hacked from the exchange. дальше »
2020-6-13 18:56 | |
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Bitcoin at Grave Risk of Cratering to $7,400 as it Taps Multi-Month Trendline
Bitcoin is flashing some signs of weakness as it navigates towards the lower boundary of a trading range that has been firmly established over the past couple of weeks The crypto’s current weakness comes after a failed attempt by buyers to propel it towards $10,000 This decline has also led BTC down to a multi-month ascending trendline that has been guiding its price higher If it breaks below this level, analysts warn that it could […] дальше »
2020-6-8 22:00 | |
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Waning Demand for Bitcoin Spells Trouble for Where it Goes Next
Bitcoin saw a slight decline overnight that caused it to invalidate some of the strength that was previously guiding it towards $10,000 It now appears that the crypto is positioned to see further downside as its technical outlook degrades Analysts are pointing to waning demand and growing supply as reasons why the benchmark crypto could soon decline lower It is important to note that this decline could lead BTC as low as the $7,000 region […] дальше »
2020-6-6 21:00 | |
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