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Trouble for Bitcoin as 3 On-Chain Indicators Point to Potential Sell-Offs

Bitcoin bulls should brace for a bearish impact as three of the leading on-chain indicators unanimously warn about potential sell-offs in the spot market ahead. CryptoQuant, a South Korea-based blockchain analysis firm, highlighted the latest readings on their proprietary metrics, one of which studies large BTC outflows from miners’ wallets and the other over-the-counter BTC […] дальше »

2021-1-26 16:00


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Ethereum Reaches a “Vital” Point as Bulls Fail to Flip Resistance to Support

Ethereum and the entire crypto market has faced some weakness throughout the past couple of days Although both BTC and ETH are trading well above their recent lows, it is important to note that bears are in the process of reversing yesterday evening’s gains This downtrend could prove to be bearish for ETH, as the crypto has been unable to flip a key resistance level into support This comes as it ventures into what one […] дальше »

2021-1-13 01:00


“Cyclical Nature Of Bitcoin” Could Provide Clues On Continuation Or Correction

Bitcoin is clearly at a pivotal point in its current market cycle. But market cycles aren’t always obvious as to what might occur, even if the when happens to become more clear with time. In the leading cryptocurrency by market cap, Decembers are particularly notable, culminating in most of the asset’s tops and bottoms. With […] дальше »

2020-12-4 23:00


DeepTradeBot Announces Enhancements, Updates and New Products

At this point, no one is surprised as DeepTradeBot is one of the most powerful players in the AI trading scene with bots in the cryptocurrency and investment market. What may be surprising is that having a leadership position like the one they have, they have not rested on their laurels and continue with their […] The post DeepTradeBot Announces Enhancements, Updates and New Products appeared first on NullTX. дальше »

2020-11-5 13:31


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The most bullish predictions signaling Bitcoin’s next price point

Bitcoin, the most valued cryptocurrency since its creation has been the topic of discussion in the cryptocurrency market for weeks now. Since the cryptocurrency broke above the $10,000 mark, which it has since been dabbling between, the perceived bull run began to make headlines as analytical predictions have increased in their numbers. The majority is […] дальше »

2020-10-30 19:55


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Bullish for Bitcoin: Data Reveals Spike in Activity from New BTC Investors

Bitcoin’s price action hasn’t been providing investors with many insights, as it has primarily stagnated as it trades around $10,700 The cryptocurrency market is currently resting on the edge of a blade as investors closely watch to see where BTC may trend in the near-term One trend that seems to point to underlying bullishness is a spike in activity seen amongst new market participants While speaking about this, one on-chain analyst said that this spike […] дальше »

2020-10-1 02:00


Investors With Low Financial Literacy Are Twice As Likely to Own Crypto vs Market Gurus: Bank of Canada Report

A new study released by the Bank of Canada has revealed that folks with lower financial literacy are more likely to own Bitcoin than those with higher literacy levels. The paper’s main point of the research was the use of ‘Cash Alternatives’ in Canada throughout 2019; some of the points highlighted include the adoption of […] The post Investors With Low Financial Literacy Are Twice As Likely to Own Crypto vs Market Gurus: Bank of Canada Report first appeared on BitcoinExchangeGuide. дальше »

2020-9-25 21:10


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Bitcoin’s Fixed Supply Makes The Primary Beneficiary In Times Of High Fiat Inflation- Bloomberg’s Strategist

Bitcoin’s YTD performance of 45.95% in 2020 is impressive despite high volatility and underperformance in comparison to other digital assets like Ethereum and DeFi tokens. However, as the most dominant coin in the crypto market, Bitcoin serves as the point of reference for analysts’ evaluation of the crypto market vs. the traditional market. In a […] дальше »

2020-9-25 17:02


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Bitcoin is About to Reach a Pivotal Point as Buyers Defend Key Level

It has been a choppy day of trading for Bitcoin and the aggregated crypto market This primarily stems from BTC’s inability to maintain the upwards momentum that was driving it higher yesterday Although losing its momentum is a bear-favoring sign, it is important to note that not too much has changed for BTC from a technical perspective One analyst is noting that the benchmark cryptocurrency is now reaching a pivotal level that will shape its […] дальше »

2020-9-12 21:00


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Ethereum May Dive to $295 as Bears Strike a Blow to Its Market Structure

Ethereum has seen some intense selling pressure throughout the past few days, which reached a boiling point overnight when its price declined to lows of $330 The cryptocurrency is now stabilizing following this movement, but sellers appear to be stepping up and catalyzing further selling pressure One analyst is now noting that ETH could decline as low as $295 in the near-term This downside movement may come about as a result of the selling pressure […] дальше »

2020-9-6 22:00


Same Indicator That Called March Plunge Raises Chances For Big Bitcoin Drop

Bitcoin has been rocketing over the last several weeks, along with the rest of the cryptocurrency market. Most assets are up over 80% on average since the start of 2020. However, an unorthodox and unusual financial forecasting tool could indicate that a major trend change is playing out across markets, with the turning point taking […] дальше »

2020-8-19 04:00


Huobi Global lists Chainlink rival Band Protocol's BAND as NYDFS updates Greenlist

Listing announcements often have a profound effect on the performance of a market's cryptocurrencies. The example of Band Protocol's BAND is a case in point. Just a few days ago, BAND surged incrediblThe post Huobi Global lists Chainlink rival Band Protocol's BAND as NYDFS updates Greenlist appeared first on AMBCrypto. дальше »

2020-8-10 14:30


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How Will The Upcoming US Election Impact Bitcoin’s Price Performance This Year?

The pandemic-fueled market crash of March didn’t spare bitcoin or the rest of the crypto market, but in retrospect, it could be considered a good thing. The crash created a turning point, which later accelerated Bitcoin’s adoption, establishing it as an uncorrelated asset, with recognition even from top critics like gold investor Peter Schiff. Earlier […] дальше »

2020-7-15 11:04


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Bitcoin is Flashing Signs of Weakness as It Trades Below Crucial Level

After another failed breakout attempt, Bitcoin is once again hovering just above its crucial $9,200 support The entire crypto market is currently expressing some signs of weakness This weakness may be rooted in BTC’s decline beneath what one analyst is describing as a crucial level He notes that a daily close beneath $9,230 would make a compelling case that further downside is imminent This comes as multiple technical indicators all point to an imminent surge […] дальше »

2020-7-15 02:00