Why Bitcoin May Need to Test $11,000 Before Climbing Higher

Bitcoin is starting to gain some slight momentum as the cryptocurrency’s price climbs up towards $11,800 This marks a notable surge from recent lows of $11,400 that were set just a few days ago, and it does appear that the crypto is poised to see further upside One factor boosting BTC’s outlook is Ethereum’s intense swing up to highs of $410 In the past, Ethereum has front-run movement seen by Bitcoin and the rest of […] дальше »

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Here’s Why Bitcoin May Not Fall Much Lower Than $11,000: Analyst Explains

While Bitcoin has bounced from the local lows of $11,400, the asset remains below some crucial resistance levels. This has led some analysts to suggest that BTC is still poised to correct lower. Many analysts are eyeing $10,500, as that’s where the cryptocurrency truly began the rally $12,000. дальше »

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Analyst Who Predicted 2018’s Bottom Predicts Bitcoin Could Hit $13,000

Bitcoin has seen a strong retracement since the Monday highs of $12,500. As of this article’s writing, the leading cryptocurrency trades for $11,550, slightly above the daily lows at $11,500. дальше »

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Bitcoin Forms Higher Lows as Bulls Defend Against Heavy Selling Pressure

It has been a rocky past few days for Bitcoin and the entire cryptocurrency market After first stabilizing above $12,000 for a multi-day period earlier this week, the crypto recently faced an influx of selling pressure that pushed it back below this level It has now entered what appears to be yet another prolonged consolidation phase in the upper-$11,000 region On a positive note, bulls have been able to establish higher lows, while also guarding […] дальше »

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Tezos (XTZ) May Plunge Towards $3.00 as Selling Pressure Ramps Up

Tezos’ price action over the past week has primarily favored sellers, with buyers being unable to catalyze any strong uptrend while also being unable to guard against today’s market-wide selloff. The decline seen by the cryptocurrency earlier today led it to plunge to lows of $3. дальше »

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Bitcoin is “Fragile” as It Trades Below Multiple Crucial Levels

Bitcoin witnessed an intense influx of selling pressure yesterday that caused its price to reel down towards lows of $11,600 Although it was able to find strong support at these lows, this recent selloff forced it back below the $12,000 region This is a grim sign for its mid-term outlook, as it points to underlying weakness amongst the cryptocurrency’s bulls Analysts are now noting that it does appear to be in a “fragile” position This […] дальше »

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Ethereum Price Falters Around $430 as ETH2 Testnet Experiences Outage

Ethereum’s price has begun to falter after surging higher late last week. The cryptocurrency trades at $430 as of this article’s writing, which is a few percent below and a few percent above the local highs and lows, respectively. дальше »

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Analyst Who Called Bitcoin’s Tuesday Low Expects a Move to $13,000

Bitcoin has bounced strongly after plunging as low as $11,100 on Tuesday. As of the time of this article’s writing, the leading cryptocurrency trades for $11,600 on leading exchanges. This is just under 5% above yesterday’s lows. дальше »

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Ethereum’s MA50 Just Broke a 500-Day Consolidation Phase; What This Means

Ethereum has been consolidating alongside Bitcoin and most other major altcoins throughout the past several days. This consolidation phase comes close on the heels of the strong upwards movement that sent the cryptocurrency surging from recent lows of $230 to highs of $415 that were set last Saturday. Ever since it faced a rejection at […] дальше »

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Chainlink’s LINK Is Fast Approaching $10; Up 9,200,000% from the March Lows

Chainlink continues to be decoupled from bitcoin and the rest of the cryptocurrency market. While the crypto market is recording slight losses, the digital asset LINK is moving in another direction altogether. дальше »

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Ethereum Bulls Face Mass Liquidation, But Analysts Point to Signs of Strength

Ethereum saw one of the most intense drops it has seen since mid-March yesterday, with the cryptocurrency’s price reeling from highs of $415 to lows of $300 in a matter of minutes. This decline caught bulls off guard, as the crypto was previously flashing signs of overt strength as it pushed higher each day. ETH’s […] дальше »

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$500M Liquidated: Bitcoin Slides to Crucial Level Following Overnight Volatility

Bitcoin bore witness to some intense overnight volatility that came about after it hit highs of $12,000 From this point, the cryptocurrency decline to lows of $11,000 before finding some strong support Despite buyers protecting this level, its inability to post any type of strong bounce here does seem to be a negative sign for the cryptocurrency The sharp cliff formed as a result of the overnight selloff also led to massive liquidations amongst buyers […] дальше »

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Bitcoin Crashed $1,400 in 5 Minutes, Liquidating $150M on BitMEX

Bitcoin just dove $1,400 in the past five minutes as bears have seemingly re-entered the cryptocurrency market. The digital asset hit $10,600 at the lows and has since rebounded to $11,100 as countless traders have bought the dip as per their Twitter fees. дальше »

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This Fractal Suggests XRP is on the Cusp of Seeing a Parabolic Rally

XRP was able to incur some decent momentum earlier this week that sent it into the mid-$0. 25 region. Despite climbing from its recent sub-$0. 20 lows, the cryptocurrency’s uptrend is still underwhelming compared to those seen by Bitcoin, Ethereum, and many of its other peers. дальше »

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Prominent Investment Strategist Gives 3 Reasons to Buy Bitcoin

Despite Bitcoin’s strong bounce from the March lows of $3,700, some remain decisively bearish on the leading cryptocurrency. Take Peter Schiff, for instance. The prominent gold bull and cryptocurrency skeptic recently wrote that he thinks the asset will soon break below $9,000, arguing that Bitcoin remains in the midst of a brutal bear market. дальше »

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Ripple’s XRP Is The Most Undervalued Cryptocurrency: Survey

While other cryptocurrencies have enjoyed a swift rebound from the March lows, the price of XRP remains in the doldrums. Crypto-assets like Cosmos (ATOM), Chainlink (LINK), and Cardano (ADA) have registered significant gains in the past few weeks. дальше »

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Peter Schiff Thinks Bitcoin’s 2018 Lows of $3,200 “Will Not Hold”

In 2018, Bitcoin plunged as low as $3,200. Save for a handful of analysts, few investors expected the cryptocurrency to fall that low and that from its $20,000 all-time high. Despite the drop, bulls managed to re-assert control over the market, taking BTC back to $14,000 in the six months after the low. With this […] дальше »

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After 200% Rally Since Start of 2020, Cardano (ADA) May Suffer a Retracement

It’s been a great year thus far for Cardano (ADA). The popular altcoin, currently the seventh-largest cryptocurrency, is up by around 200% since the start of 2020. And from the March capitulation lows, it’s up even more, gaining around 800%. дальше »

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These Three Factors Suggest Bitcoin is About to See Some Bearish Turbulence

Bitcoin’s consolidation phase seen throughout all of May and June is showing few signs of letting up anytime soon and has caused the cryptocurrency’s volatility levels to hit multi-year lows. Although there aren’t many overt technical catalysts for volatility in the near-term, there may be a few events that could help to shake up BTC’s consolidation […] дальше »

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Crypto Tidbits: TikTok’s Dogecoin Craze, Coinbase on Stock Markets, Bitcoin Holds $9k

Another week, another round of Crypto Tidbits. After over a week of ranging, Bitcoin attempted to break higher this week. The flagship cryptocurrency moved from the weekend lows of $8,900 to a weekly high of $9,470 on major exchanges. дальше »

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As Bitcoin’s Volatility Hits Historic Lows, Traders are Eyeing a Move to $13,000

All of Bitcoin’s recent volatility has occurred within a relatively tight trading range between $9,000 and $10,000. There have been a few occasions in which the cryptocurrency has broken above or below these range boundaries, but each time has been short-lived and followed by a swift movement back into the range. This range was first […] дальше »

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After Parabolic 700% Surge, Cardano (ADA) Is Near “Heavy” Resistance

Cardano (ADA) has embarked on a parabolic surge over recent weeks. From the March lows, the altcoin is up by approximately 700%. And in the past week alone, ADA is up by 50%. The cryptocurrency is outperforming on the launch of the Cardano blockchain’s “Shelley” upgrade. дальше »

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One of Bitcoin’s Crucial Macro Indicators Just Formed a Bullish Breakout

From the lows seen on Sunday, Bitcoin has sustained a healthy bounce. As of the time of this article’s writing, the leading cryptocurrency trades for $9,250. At the local peak on Monday, it traded as high as $9,400 on major exchanges. дальше »

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This Alarming Pattern Suggests Bitcoin Could Soon Crater Lower

As Bitcoin continues its range-bound trading phase, traders are placing their bets on which direction it will trend next This consolidation has caused the cryptocurrency’s volatility to plunge to lows not seen in over a year It is unlikely that this trend will last for too much longer, as extended bouts of sideways trading are typically followed by massive movements One technical pattern that is strikingly similar to that seen in 2019 is now suggesting […] дальше »

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Industry Executive Doubles Down: Bitcoin Will Hit $50,000 in 2020

After a strong rally from the March lows, Bitcoin has stopped trending higher. For the past two months, the cryptocurrency has been caught in a 15% range that it has barely deviated from. The consolidation has been met with assertions by analysts that BTC has lost its momentum. дальше »

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The Last Time This Metric Was This Low, Bitcoin Bottomed at $3,200

The past two months have been a confusing time for Bitcoin investors. The cryptocurrency has traded between a rock and a hard place, barely deviating from the range lows of $8,500 and the highs of $10,000. дальше »

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Bitcoin Cash (BCH) Hits New All-Time Lows, But Everything’s Not Lost

The fifth-largest cryptocurrency by market cap, Bitcoin Cash (BCH), recently dropped to levels not seen in its 3-year history. Still, a particular technical pattern suggests it is time to buy.... дальше »

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Last Time This Technical Sign Flashed, Bitcoin Dumped 60%. It’s Nearly Back

After a more than 150% rally from March’s lows, Bitcoin’s upward momentum has petered out over recent weeks. For nearly two months, the cryptocurrency has been caught in a tight range between $8,500-10,000. дальше »

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How The Pandemic Killed The Bitcoin Bull Run, According To Crypto Pundit

From the lows recorded in mid-March, bitcoin (BTC) is up by a whopping 120% at the time of publication. Even so, the cryptocurrency has not staged a steady uptrend. In fact, BTC has been stuck in a bout of sideways trading over the last three-plus months despite showing signs of a bull trend as it […] дальше »

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XRP Has Been in a Macro Downtrend For Almost 1,000 Days: Analyst

From the lows made in March, XRP is up by over 50%, trading at $0. 18 as of this article’s writing. Yet this bounce has not convinced analysts that the cryptocurrency is back in a bull market. дальше »

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53% of Bitcoin Options Just Expired, Marking a Historic Milestone

Bitcoin and Ethereum just saw their largest respective options expiry ever, marking a major milestone for the cryptocurrency market This expiry took place earlier today and it did not coincide with any intense volatility, despite what some analyst had forecasted It now appears that the volatility associated with this event did occur earlier this week It is possible that the options expiry, and investors’ anticipations about it, helped fuel the recent Bitcoin decline to lows […] дальше »

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Ethereum Narrowly Avoids a Breakdown; Here are the Levels to Watch

Ethereum and the entire cryptocurrency market faced some turbulence yesterday as Bitcoin declined beneath its range lows of $9,000 This movement proved to be short-lived, as the buying pressure found here quickly propelled the cryptocurrency back up into its long-held trading range Although this hasn’t provided the markets with any clear direction, it did allow ETH to narrowly avoid posting a major breakdown The second-largest crypto was able to bounce at a critical support level, […] дальше »

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Cryptocurrency price update: Ethereum and XRP

Bitcoin slumped to lows of $8,980 on Wednesday, the decline dragging the rest of...

The post Cryptocurrency price update: Ethereum and XRP appeared first on Coin Journal.

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Bitcoin Balance on Exchanges Hits A New 1-Year Low, Bull Market in the Making?

The market is green this week. Bitcoin is currently trading just above $9,600, up 1. 46% but on the back of $1. 6 billion spot trading volume. While the price is trending up, the BTC balance on cryptocurrency exchanges continues to decline to hit new 1-year lows. дальше »

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Do or Die For XRP: Buy Signal Triggers As New Low Is Set

XRP has earned among the most negative reputations in the cryptocurrency space. Between being the worst-performing asset in the space, and notorious for the cryptocurrency’s parent company selling down each rally, the asset often referred to as Ripple keeps reaching new bear market lows. дальше »

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Analyst Who Predicted Bitcoin’s 150% Bounce From March Lows Is “Still Long”

When Bitcoin crashed to $3,700 in March, many were quick to throw in the towel. There was one prominent analyst that said that looking at the charts, he saw a good likelihood the cryptocurrency was to fall under $1,000. дальше »

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Tether strongly correlates with future returns on major crypto pairs

Tether remains the most controversial stablecoin in the cryptocurrency industry. When the whole market crashed to extremes lows, it was Tether, whose supply grew as it climbed all the way up to positiThe post Tether strongly correlates with future returns on major crypto pairs appeared first on AMBCrypto. дальше »

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Bitcoin Could Teleport Straight to $8,000; Here’s What Traders are Saying

Bitcoin’s consolidation phase has shown no signs of letting up anytime soon, as it has been hovering around $9,400 ever since it was able to rebound from its recent lows of $8,900. It is important to keep in mind that the cryptocurrency has been forming lower highs over the past several weeks. First it posted […] дальше »

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Bitcoin Confirms Bullish Wedge Fractal, Making $10,500 a Real Possibility

Bitcoin has slipped by more than 9 percent from its quarter-to-date top near $10,428. The move downhill has initiated a short-term downtrend with eyes towards $8,600. Nevertheless, the cryptocurrency is leaving behind a trail of lower highs and lower lows, forming a bullish wedge. дальше »

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Bitcoin Avoids Forming a Death Cross; Instead Confirms Bullish Triangle Pattern

Bitcoin’s sharp decline seen yesterday put it in peril of losing its macro technical strength and seeing even further downside The cryptocurrency has been able to largely invalidate this weakness, as it is now pushing up towards its previous consolidation channel Its strong reaction to its recent lows allowed it to narrowly avoid forming a so-called “death cross” on its cloud indicator It also confirmed the existence of a bull-favoring ascending triangle that could fuel […] дальше »

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These On-Chain Indicators are Flashing Warning Signs for Bitcoin’s Strength

Bitcoin’s on-chain indicators are flashing some signs of weakness despite the cryptocurrency’s sharp rebound from its recent lows. BTC has been subjected to some heavy volatility over the past several days, plunging to lows of $8,900 yesterday before rebounding up to the mid-$9,000 region. дальше »

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Analyst: Bitcoin Is Primed to Drop Under $9,000 Again After the Strong Bounce

Bitcoin has seen a strong recovery since plunging nearly $1,000 in approximately 12 hours earlier this week. As of the time of this article’s writing, the leading cryptocurrency trades for $9,500 — around 5% higher than the local lows. дальше »

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Top Analyst Predicts Bitcoin Could Drop Another 10%: Here’s Why

A prominent cryptocurrency analyst thinks that Bitcoin is primed to fall lower after June 11th’s 10% drop, despite the 5% bounce from the lows. He remarked in a post published on June 12th that the cryptocurrency has lost the support of a short-term ascending triangle, and thus is primed to fall to the range lows of $8,575. дальше »

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Bitcoin Remains Poised to See Explosive Rally to $11,000 Despite Recent Plunge

After facing an intense influx of selling pressure yesterday, Bitcoin has been able to recover some of its recent losses as it navigates back into the mid-$9,000 region The cryptocurrency is showing some signs of strength due to the rebound seen from its overnight lows Analysts do not believe that this recent movement was enough to invalidate its macro strength, and some are still offering near-term targets as high as $11,000 In order for this […] дальше »

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These Four Technical Signs Show Bitcoin Rallying to $15,000 Is Imminent

After rallying just over 150% from March’s capitulation lows, the Bitcoin bull trend has tapered off over recent weeks.   Instead of a clear uptrend, the cryptocurrency has found itself caught in a tight range with deviations from said range failing. дальше »

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Bitcoin Set to Break $10,000 as Dollar Dips to Three-Month Lows

Bitcoin experienced a brief bull run above $10,000 on Wednesday. The cryptocurrency dipped back below $10,000 due to $14 million worth of shorts liquidations on BitMEX. Nevertheless, BTC/USD retained its upside target towards $10,000 as the Federal Reserve’s commitment to keeping interest rates near zero until 2022 drove the U. дальше »

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Bitcoin Prints Two Technical Trends Last Seen at the Start of the Rally to $20,000

While Bitcoin is trading more than 150% above its March lows, there have been some doubts that the cryptocurrency is going to enter a full-blown bull run. Skeptics of the bull case cite trends like the economy, which still remains in a dismal shape despite trillions of dollars worth of stimulus from the world’s governments. дальше »

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Last 2 Times This On-Chain Signal Appeared, Ethereum Crashed. It’s Back Again

Ethereum has been on an extremely strong rally since the March lows, recovering to a local high of $250 from $88. This nearly 200% performance has allowed the cryptocurrency to strongly outperform any other established and investable asset. дальше »

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Ethereum Looks Like BTC Did Before the $20k Run: Here’s Why ETH Won’t Rally

It’s been an extremely explosive past few weeks for Ethereum. The second-largest cryptocurrency is up more than 170% from the March lows of ~$88. This is a performance that has allowed it to outperform basically any other investable/public asset worth $10 billion or more, even Bitcoin. дальше »

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Decision Time: Top Crypto Traders Expect Massive Bitcoin Move In Days Ahead

For forty days and forty nights, Bitcoin price has been trading above $8,000 but has repeatedly failed to hold above $10,000. A series of higher lows has kept buying strong, but the cryptocurrency has failed to gain the momentum it needs to break through the critical resistance. The push and pull of buyers and sellers... дальше »

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