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Bitcoin Likely to Break Below $11,000 Before Next Uptrend: Analyst
Bitcoin has been caught within a prolonged consolidation phase throughout the past few days and weeks, with buyers and sellers both being unable to take control of its near-term trend. This has done little to offer investors with insight into where it may trend next, and its close correlation to the U.S. stock market makes […] дальше »
2020-10-18 22:00 | |
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Ethereum Could Push to $420 if It Flips One Key Level into Support
Ethereum is currently caught within a consolidation phase alongside Bitcoin and its other peers This has made its near-term outlook somewhat unclear, as where it trends next may depend largely on the price action seen by BTC Overnight, an influx of selling pressure caused its price to plunge just over 1%, with this decline sending it below the crucial $380 level This level has long been pivotal for Ethereum, and its recent break above it […] дальше »
2020-10-16 23:00 | |
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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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Bitcoin may be stuck below $11k but its adoption is unhindered, here's why
The crypto market saw a relatively stable week as Bitcoin continued its quest towards $11k. However, it has not been easy for BTC to surpass this level as every time it reaches close to $11k, the sellThe post Bitcoin may be stuck below $11k but its adoption is unhindered, here's why appeared first on AMBCrypto. дальше »
2020-10-1 20:30 | |
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Bitcoin short-term Price Analysis: 27 September
Bitcoin climbing to $10,700 may have been a fleeting moment since, at the time of writing, the price seemed to be dropping yet again below the aforementioned level. On a longer-term timeframe, it was The post Bitcoin short-term Price Analysis: 27 September appeared first on AMBCrypto. дальше »
2020-9-27 15:30 | |
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Bitcoin May Break Below $9K on Wall Street Correlation: Stock Analyst
Any attempts from Bitcoin to secure higher price levels may fall short as long as its correlation with the US stocks sustains. So predicts Ronnie Moas, a stock market analyst heading Florida-based research firm Standpoint Research. дальше »
2020-9-24 09:01 | |
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Here are the Key Factors Helping to Drive Bitcoin’s Price Lower
After a short bout of trading above $11,000, Bitcoin has witnessed massive inflows of selling pressure that have slowed its ascent and stopped it from seeing any major upside The cryptocurrency is now at grave risk of seeing further losses, with analysts noting that it may soon visit its key $10,200 support A break below this level could lead to serious losses, with bears potentially moving to fill the CME gap that exists around $9,700 […] дальше »
2020-9-23 21:00 | |
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Bulls are in Control of Bitcoin as Long as It Defends One Crucial Level
Bitcoin has witnessed some intense selling pressure throughout the past day, but bulls have been able to absorb the vast majority of it This selling pressure ultimately sent the cryptocurrency down to daily lows of just below $10,800, at which point buyers stepped up and guarded against it seeing any further downside One analyst is now noting that where it trends in the near-term may depend almost entirely on whether or not bulls can maintain […] дальше »
2020-9-21 19:00 | |
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Bitcoin May Soon Surge to $12,000 After Bulls Defended Critical Support Level
Bitcoin’s recent stability below $11,000 appears to be translating into technical strength, as the cryptocurrency is now beginning to push higher Whether or not bulls can extend their momentum and break above the resistance zone between $11,000 and $11,300 remains to be seen That being said, analysts are growing bullish on BTC, partially because it could post an ardent response to a key support level that was visited earlier today. Analysts are now noting that […] дальше »
2020-9-19 21:00 | |
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Analysts Expect Bitcoin to Dip to Key “Liquidity Clusters” Before Rallying
Bitcoin has been facing some mixed price action as of late, with buyers and sellers both engaged in a heated battle for control of its near-term outlook Despite attempting to break below its last-ditch support between $9,900 and $10,000, BTC is now pushing back towards its key $11,000 resistance region Where the cryptocurrency trends next may depend largely on its reaction to this level One trader believes that Bitcoin may first take out a “liquidity […] дальше »
2020-9-18 02:00 | |
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Here’s How Low Chainlink May Plunge Before Continuing Its Macro Uptrend
Chainlink has been flashing signs of intense weakness throughout the past few days, with the cryptocurrency breaking below the lower boundary of its long-held trading range as its buying pressure begins dissolving. дальше »
2020-9-17 02:00 | |
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These 3 Factors Signal Bitcoin is Gearing Up to Make a Massive Push Higher
Bitcoin is currently the strongest major asset within the crypto market, expressing stability – and even bullishness – as its price trades just below the $11,000 region Bulls have been building up BTC’s momentum throughout the past few days, which comes as altcoins flash signs of weakness This means that the ongoing uptrend may be coming about as a result of a “flight to quality” as investors flee smaller tokens One trader is specifically pointing […] дальше »
2020-9-17 21:00 | |
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Get ready, an Ethereum sell-off may be on its way
Ethereum’s price had sustained itself above the $320-level for a period of over 6 weeks. However, it dropped below $320 on 6 September, following which, a massive recovery effort saw ETH climb to $3The post Get ready, an Ethereum sell-off may be on its way appeared first on AMBCrypto. дальше »
2020-9-14 21:30 | |
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EOS Drops After Breakout From Long-Term Resistance
Even though the EOS price broke out from a long-term descending resistance line, the price has fallen back below it since. Despite this drop, EOS’ bullish formation remains intact. Long-Term Deviation The EOS price had been following a descending resistance line since May 2019. дальше »
2020-9-12 21:59 | |
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“Weak Hands” Have Been Shaken Out On The Bitcoin Crash To $10,000
Bitcoin price this past week collapsed from the 2020 high of over $12,400 to under $10,000. More than seven distinct drops to below $10,000 have been bought up already. During each plunge down, however, some of the weakest hands in the crypto market may have been shaken out, according to one uncommon metric. If that’s […] дальше »
2020-9-9 04:00 | |
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Here's why buying this dip may not be the best bet
Bitcoin’s latest price drop below its crucial support level of $11500 has once again re-ignited the question of ‘buying the dips’. However, not all dips are alike, and buying the dip may not alwThe post Here's why buying this dip may not be the best bet appeared first on AMBCrypto. дальше »
2020-9-7 18:00 | |
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3 Reasons Why Bitcoin Price May Slip Below $10K This Week
A potential catalyst for Bitcoin’s supersonic price rally in 2020 has been the combination of ultra-flexible monetary policies of central banks and massive spending by governments. The prospects of cheaper money have inspired many to seek hedge in what is now the world’s leading cryptocurrency by market capitalization. дальше »
2020-9-7 08:15 | |
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Bitcoin May Plunge to $8,000 If It Breaks Below One Crucial Level
Bitcoin has been facing immense turbulence throughout the past several days, with sellers forcing its price down to lows of $9,900 this morning following yesterday’s ardent defense of the upper-$9,900 region. дальше »
2020-9-5 02:00 | |
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Even Bitcoin Fundamentals Are Hinting At a Significant Correction Ahead
Bitcoin just had its largest 48-hour pullback since May 2020, back when the asset’s halving took place. The drop in price has the cryptocurrency now trading below a key fundamental level. A deeper dive into other Bitcoin fundamentals may be hinting that a more severe correction that may have only just started. Here’s what the […] дальше »
2020-9-5 20:00 | |
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Analyst: Ethereum Likely to Plunge Towards $320 After Tapping This Key Level
Ethereum has been closely tracking Bitcoin’s price action throughout the past few weeks, although it has been able to outperform the crypto in recent days The cryptocurrency is currently trading up significantly from recent lows of $379 that were set during its recent selloff While BTC remains below its pre-selloff highs, Ethereum has been able to surge past them Despite this strength, analysts are still noting that the crypto may plunge into the lower-to-mid $300 […] дальше »
2020-8-30 22:00 | |
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Here’s The Reason Bitcoin May Not Break $20K Record For Another Year
Bitcoin breaking through $10,000 immediately brought with it the return of talk of new all-time highs. But the longer the cryptocurrency stays this far below the stock-to-flow model, the more likely lengthening market cycles become more plausible. дальше »
2020-8-29 04:00 | |
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Bitcoin Analyst Makes A Serious Bearish Call: A Drop Below $10.2K
An ongoing correction in the Bitcoin market may lead the cryptocurrency lower below $10,500, according to Alexander Nikitin. The founder of MPS Trade, an independent trading consultancy portal, spotted BTC/USD in a Head & Shoulder breakdown pattern. дальше »
2020-8-26 11:08 | |
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Ethereum Isn’t Clear of Danger Yet, But Analysts are Eyeing a Move to $500
Ethereum has seen a sharp decline over the past several hours that has caused it to break back below $400 This movement came about in tandem with a similar decline seen by Bitcoin and has sent shockwaves throughout the aggregated crypto market Analysts are now noting that ETH may be poised to see further near-term weakness, but its bull case remains strong One trader is noting that Ethereum has yet to break below a crucial […] дальше »
2020-8-26 23:00 | |
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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 »
2020-8-25 15:00 | |
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Ethereum Shows Signs of Weakness as It Nears Last-Ditch Support
Ethereum is showing some signs of weakness as it once again dips below $390 This level has become slight support for the cryptocurrency, with a sustained bout of trading beneath it potentially degrading its technical strength Analysts are offering a mixed outlook on the cryptocurrency, but one thing that is widely agreed upon is that it is approaching a make-or-break support level If the cryptocurrency is able to bounce at this level, it may be positioned […] дальше »
2020-8-24 22:00 | |
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This Support Could “Launch” Ethereum to $500 as Bulls Slow Its Descent
Ethereum saw a sharp decline throughout the past couple of days that led it to break below $400 The selling pressure driving this movement ramped up overnight, but bulls have since been able to reverse it Analysts are now noting that it may be well-positioned to see further upside in the days and weeks ahead Its positive reaction to one crucial support level is even leading one trader to note that it could soon be […] дальше »
2020-8-22 22:00 | |
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Bitcoin Breaking Below These Two Levels May Suggest the Bull Trend Is Over
Bitcoin has struggled over recent days, falling below the pivotal supports at $11,500 and $11,700. As of this article’s writing, the leading cryptocurrency trades for $11,450, posting a 3% loss in the past 24 hours. дальше »
2020-8-22 07:27 | |
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Here’s the Crucial Level That May Spark Bitcoin’s Next Bloodbath Decline
Bitcoin has been caught in the throes of an intense bout of sideways trading for the past few weeks, with attempts to break above or below the upper-$11,000 region proving to be highly fleeting. Earlier this week, the benchmark cryptocurrency rallied as high as $12,400 before it lost its momentum, with its price subsequently plunging […] дальше »
2020-8-22 02:00 | |
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Chainlink Breaks Below Crucial Technical Pattern as Analysts Eye Downside
Chainlink has expressed some signs of overt weakness throughout the past few hours, with its price reeling down towards its bedrock support at $14.00. This sharp downturn has come about as the entire crypto market shows some signs of weakness, which may be, in part, rooted in Ethereum’s plunge towards $400. ETH’s price action has […] дальше »
2020-8-21 19:00 | |
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Bitcoin Dominance Rate Struggles to Stay Above 60%
The Bitcoin Dominance Rate (BTCD) has been on a correction course since May. It’s now beginning to show bullish reversal signs, and could soon initiate an upward move. Bitcoin Dominance Divergence At the beginning of August, the Bitcoin dominance rate fell below the long-term 62. дальше »
2020-8-20 15:56 | |
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Bitcoin May Be Poised to Bounce After $800 Correction Due to These 4 Reasons
Bitcoin has undergone a stark correction since the ~$12,400 peak on Monday. As of this article’s writing, the leading cryptocurrency trades at $11,700. This is $700 below the local high, though the asset fell as low as $11,600 earlier today. дальше »
2020-8-20 04:00 | |
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Bitcoin’s Weekly Rejection May Lead Price Below $10K; Here’s Why
Bitcoin bulls once again failed to hold the price above $12,000, owing to a higher selling pressure near the level. The benchmark cryptocurrency broke upwards of $12,000 on Monday. The rally exceeded towards $12,486 (data from Coinbase), a level that saw massive liquidations of long positions. дальше »
2020-8-19 14:01 | |
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Look Out Below: How Far Can The Chainlink (LINK) Crash Go?
Chainlink’s bullish momentum hit a brick wall at $20 per LINK token, causing the previously unstoppable asset tumbling by as much as 25% in two days. After over 5,000% returns over the last two years, profit-taking may have only just begun. дальше »
2020-8-19 20:00 | |
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Bitcoin Dominance Rate Breaks Down From Long-Term Support
The Bitcoin dominance rate (BTCD) has broken down from a long-term support level. A bounce near 59% is expected before the downward trend resumes. Bitcoin Dominance Rate Woes The Bitcoin dominance rate has been decreasing since May 8 when it reached a high just below 70%. дальше »
2020-8-17 15:15 | |
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Here’s How High One Trader Expects Bitcoin to Climb Before Forming a Top
Bitcoin faced yet another $12,000 rejection yesterday that caused the cryptocurrency’s price to reel down towards $11,700 This level appears to have been established as support, as buyers ardently defended against any break below it It now appears that the crypto’s short-term technical outlook remains unchanged, as BTC is still consolidating within the upper-$11,000 region As for where it may go next, one analyst explained that he is looking towards $13,000 as a near-term target […] дальше »
2020-8-17 19:00 | |
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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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Bitcoin Prone to Seeing Downside as It Trades Below Key Level
Bitcoin and the aggregated crypto market are struggling to extend the mid-term uptrend that has driven them higher over the past few weeks This has come about as BTC pushes up against insurmountable resistance at $12,000 – a level that it has been rejected at on multiple occasions Analysts are now noting that it may require a daily close above $11,900 for it to see further upside that sends it past this price level There […] дальше »
2020-8-14 02:00 | |
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The Bitcoin Dominance Rate Seeks to Bounce From the Current Support Area
The Bitcoin dominance rate (BTCD) has reached a crucial support level, a decline below which could trigger a sharp drop. However, technical indicators suggest that a bounce is to be expected. Possible Bounce for the Bitcoin Dominance Rate The Bitcoin dominance rate has been decreasing since May 8, when it reached a high of 68. дальше »
2020-8-13 22:42 | |
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XRP is About to See Massive Volatility; Will It Favor Bears?
XRP has been consolidating alongside Bitcoin and Ethereum throughout the past week This has caused it to hover around $0.30 throughout the past several days Although this level was previously strong support, the buying pressure here is showing some signs of degrading as XRP dips below it It may now be prone to seeing further downside as a result of this One analyst is pointing to the formation of a massive pennant as a sign […] дальше »
2020-8-9 22:00 | |
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XRP May Explode Higher After “Destroying” a Macro Downtrend Line
XRP is currently hovering around the key $0.30 region as its buyers attempt to stop it from breaking below this crucial support level. This slight decline comes as the aggregated crypto market begins facing heightened selling pressure, although it has not been enough to invalidate the market’s macro strength. Analysts are now noting that XRP […] дальше »
2020-8-8 00:00 | |
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Here’s Why One Analyst Expects Ethereum to Tap $275 Before Pushing Any Higher
Ethereum has been struggling to break above $400 for the past several days The selling pressure here is quite significant, and a sustained break above this level would be a highly bullish technical development Because ETH has been consolidating just below it throughout the past few days, bulls may be gearing up for a major push higher Despite being technically strong, one analyst is still expecting the cryptocurrency to see another “scam wick” that leads […] дальше »
2020-8-7 23:00 | |
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Ampleforth (AMPL) Freefalls After Breaking Below $1; Will it Continue Dropping?
Ampleforth is currently caught in the throes of an intense downtrend that has caused it to decline significantly This comes as its economic structure begins having adverse impacts on its price action Analysts are widely noting that this sort of price decline is essentially by design, due to its elastic circulating supply Despite being designed to trade around $1 – a level that it has since broken below – it may not see a sharp […] дальше »
2020-7-31 23:00 | |
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Bitcoin Is “Teetering” as Price Prepares to Move Below Crucial Support
This may sound like a broken but Bitcoin has once again flatlined in the low-$9,000s. For the past two to three weeks, the leading cryptocurrency has traded within a few percentage points of $9,200 on both sides. дальше »
2020-7-16 04:00 | |
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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 | |
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Litecoin short-term price analysis: 12 July
Litecoin may have slipped below Cardano on the price charts, but digital silver is still pushing higher, at least for now. Taking the 8th spot on the coin ladder, LTC has a market capitalisation of The post Litecoin short-term price analysis: 12 July appeared first on AMBCrypto. дальше »
2020-7-12 21:00 | |
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An Accurate Bitcoin Analyst Expects a “Large” Correction in Altcoins
This may sound like a broken record but it’s been a strong year thus far for altcoins compared to Bitcoin. Just look at the chart below, which shows that since the start of the year, BTC has underperformed many altcoins. дальше »
2020-7-6 01:00 | |
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Overdue Altseason: Analyst Says Exponential Growth For Ethereum, XRP, Litecoin May Be Oncoming
After months and months of dashed hopes, many investors are wondering whether the long-postponed altcoin season is finally upon us. In recent weeks, most altcoins have been popping off as bitcoin continues consolidating below $10,000. дальше »
2020-7-6 19:46 | |
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