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Bitcoin Price Plunges as Bulls Fail to Break One Crucial Level; What’s Next?

It has been a rocky past few days for Bitcoin, with the crypto seeing mixed price action that has muddied the clarity that investors previously had regarding its trend The selling pressure it has been facing over the past few days and weeks has been quite intense, making it increasingly unclear as to where it may trend in the days and weeks ahead One trader explained in a recent tweet that he is now watching […] дальше »

2021-1-31 21:00


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Why the Bitcoin Correction Everyone is Waiting for May Take Some Time

Bitcoin has navigated higher following a brief period of immense weakness yesterday, with the cryptocurrency now pushing above the $23,000 region once again Where the entire market trends in the mid-term should depend largely on where ETH and BTC trend next, as they both have been holding firm guidance over altcoins Many investors and analysts have voiced the opinion that Bitcoin will see a strong and swift correction down towards the $19,000 region at some […] дальше »

2020-12-23 21:00


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This Key Ethereum Level Needs to Be Flipped to Support Before ETH Can Rally

Ethereum has been facing some intense consolidation throughout the past few days and weeks The cryptocurrency’s price action has done little to offer investors with insights into where it may trend in the near-term It has been closely tracking Bitcoin’s price action, which makes its fate at least somewhat dependent on that of the benchmark cryptocurrency One trader is now noting that a move higher could be imminent, but this possibility is premised upon it […] дальше »

2020-12-12 23:00


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Ethereum Could Be in a Precarious Position as Buyers Fail to Break Key Level

Ethereum has been underperforming Bitcoin throughout the past couple of days, drifting lower while the benchmark crypto nears its 2020 highs Higher risk assets like ETH may be seeing tempered price action because investors fear the sustainability of BTC’s latest push higher If it can stabilize and see a continued bout of sideways trading, then assets like Ethereum may be able to push significantly higher One trader is noting that until $460 is flipped back […] дальше »

2020-11-16 23:00


This Indicator Shows Ethereum is Structurally Similar to Where BTC Was in 2016

Bitcoin and the aggregated cryptocurrency market have been leading altcoins higher, with Ethereum showing some immense signs of strength as it once again breaks $470 The broader crypto market is getting stronger, as altcoins are now rallying in tandem with BTC or closely following it If this trend persists, then investor sentiment and risk appetite may continue growing, leading more investors to rotate capital into higher beta assets This possibility is already coming to fruition, […] дальше »

2020-11-14 23:00


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How The Biden Administration May Impact The Bitcoin Price In 2021, According To Industry Experts And Investors

After four painfully long days of counting the votes, Joe Biden was finally declared the 46th president of the United States. Major news agencies and the Associated Press declared Biden and his running mate Kamala Harris as the winners of the 2020 race, although Donald Trump is yet to concede the election. With the election […] дальше »

2020-11-11 00:34


Analyst: DeFi Assets Likely to “Nuke” 50%+ if Bitcoin Doesn’t Moon

Bitcoin has been consolidating throughout the past few days while altcoins continue losing value This trend has been well-defined throughout the past few weeks, showing that investors and traders alike are all currently focused on the benchmark cryptocurrency Although many analysts expect there to be some sort of capital rotation event out of BTC and into altcoins at some point, it’s unclear when this may take place DeFi assets have been hit the hardest by […] дальше »

2020-11-1 19:00


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Over 50% Of Bitcoin’s Market Cap Consists Of Unrealized Profits

The market capitalization of a cryptocurrency asset may not be the most accurate metric for the calculation of the value of a digital currency, but its importance in serving as a tool for investors, to aid them in making more informed investment decisions about their cryptocurrency of interest cannot be overemphasized. These metrics which are […] дальше »

2020-10-27 21:59


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Bitcoin May Plunge in Q4 Due to a Tax-Induced Selling Frenzy

Bitcoin’s price action as of late has done little to offer investors with any tangible insights into where it may trend next Analysts have been largely noting that the cryptocurrency’s outlook is being dimmed by turbulence within the stock market, which may persist until after the elections Many traders do believe that the rest of Q4 will be a bullish month for BTC, as this may be when it can decouple from the stock market […] дальше »

2020-10-18 19:00