Bitcoin Could “Pull a Tesla” Rally Before 2020 Ends: Analyst

Economist and prominent market analyst Alex Kruger is not concerned about Bitcoin’s medium-term trend despite recent price weakness. He says that the coin could pull a Tesla-like rally in the months ahead. дальше »

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Bitcoin is Poised to Rally Towards $17,000 Next as Outlook Grows Bright

Bitcoin has seen a quiet weekend of trading, with the cryptocurrency struggling to gain any immense momentum as bulls and bears reach an impasse This has led to a prolonged bout of sideways trading around $16,000, with bulls and bears both struggling to gain control of its near-term Its recent price action has done little to provide any insights into where it might trend over a mid-term time frame That being said, one analyst is […] дальше »

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Key Bitcoin Price Fractal Predicts a $3,000 Correction Is Due

Bitcoin has undergone a strong rally over the past few weeks, pushing as high as $16,500. Analysts are starting to fear that a correction is due, though. One crypto-asset analyst recently shared a fractal showing that the cryptocurrency is trading in a remarkably similar way to how it did during the 2017 highs at $20,000. […] дальше »

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Analyst: Hash rate signal that preceded Bitcoin’s recent 100% rally will soon appear

The Bitcoin hash rate dove strongly in late October.

The post Analyst: Hash rate signal that preceded Bitcoin’s recent 100% rally will soon appear appeared first on CryptoSlate.

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Here’s Why Bitcoin’s Upside May Be “Capped” Relative to Ethereum

Ethereum has been able to catch up to some of the gains posted by Bitcoin as of late, but it still has a long way to go before it breaks its trend of underperformance Yesterday, the cryptocurrency saw a swift rally past $460 that came about in the absence of any BTC movement This was a promising push higher, and it has yet to surrender much of these gains One analyst is now looking towards […] дальше »

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Analyst Who Predicted Bitcoin Rally to $14,000 Says $14,500 Is Next

Bitcoin has undergone a strong rally since Monday’s lows of $13,200. The leading cryptocurrency currently trades for $13,900, up 3. 2% in the past 24 hours. Bitcoin is trading slightly below its daily highs of $14,100, which it breached earlier today when the U. дальше »

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Analyst: Ethereum Could Rally Towards $432 if Bulls Flip One Key Level

Ethereum has continued seeing lackluster price action while Bitcoin rallies past its critical short-term resistance The crypto is on the cusp of flipping its $390 resistance, however, which could give it freedom to rally significantly higher in the short-term One trader is now noting that a surge up towards $432 could be in the cards if ETH can break above its short-term resistance level This would be a significant rally that potentially puts a firm […] дальше »

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Only one resistance level above Bitcoin’s rally to $20,000 — Analyst

Bitcoin (BTC) investor suggests BTC above $14,000 opens a clear path to $20,000 Bitcoin’s... The post Only one resistance level above Bitcoin’s rally to $20,000 — Analyst appeared first on Coin Journal. дальше »

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Bitcoin Expected to Rocket Higher as “Strong Close” takes Place Above $13k

Bitcoin printed a massive weekly close on Sunday evening after a strong rally. The weekly close was the highest since January 2018. One analyst thinks that this close will send Bitcoin much higher in the months ahead. дальше »

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Analyst Calls for Yearn Finance (YFI) Rally on Bitcoin’s Stabilization Signals

As Bitcoin catches a break after exploding above $13,000 last week, it’s mid-cap rival Yearn Finance (YFI) is looking to rally higher. The prediction comes from a pseudonymous analyst on Twitter who expects a consolidating Bitcoin to disperse a portion of its bullish sentiment across the altcoin market. дальше »

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Analyst Explains Why Bitcoin Risks Crashing by $2K in “A Few Days”

The ongoing Bitcoin price rally risks fizzling out on a notion that the price won't hold a psychological support level. дальше »

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How Bitcoin Supply Shock Could Drive Next Major Rally: Analyst

The bitcoin price has returned to top $13k once again. A supply shock theory following the halving suggests that the next major bull cycle could be about to begin. There is no denying that bitcoin has been in its most bullish state for 16 months, and it is just a few hundred dollars away from […] The post How Bitcoin Supply Shock Could Drive Next Major Rally: Analyst appeared first on BeInCrypto. дальше »

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Are Derivatives Overheated? Bitcoin Funding Rates Begin Inching Up

Bitcoin has undergone a strong rally higher over the past week, reaching highs of $13,250. Looking at derivatives trends, one analyst recently postulated that Bitcoin’s price action may be overheated. дальше »

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Large Bitcoin Holders Just Moved 80,000 BTC; Analysts Grow Cautious

Bitcoin is in the process of testing its 2020 highs again as bulls attempt to take the reins and guide it to see further upside It has been struggling to gain any serious near-term momentum due to the selling pressure at $13,200, but once broken, it could rally towards $14,000 Despite its overt bullishness at the present moment, there are a few bearish signs that may indicate that a selloff is brewing One analyst is […] дальше »

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Analyst: Ethereum is Poised to Rally Past $430 Despite Consolidation

Ethereum has been showing tremendous signs of strength as it begins moving in lockstep with Bitcoin Despite seeing a selloff on the first day that Bitcoin started rallying, ETH quickly reshaped its previously close correlation with BTC and began surging This surge led its price all the way up to highs of $420 yesterday, which is where it found some slight resistance One analyst believes that this resistance will be swiftly surmounted in the near-term […] дальше »

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$900 Imminent? Analyst Claims Ethereum is Ready for an Explosive Move Higher

After days of underperformance, Ethereum’s price is finally catching up to that of Bitcoin The second-largest digital asset saw a massive overnight rally that led it all the way up to highs of $415 before it found any resistance This surge marks a notable climb from its recent lows of sub-$370 that were set just a few days ago It has also reinvigorated altcoins, with ETH’s uptick in price allowing many smaller assets also to […] дальше »

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PayPal Didn’t Shoot Bitcoin Above $13,000, Analyst Explains Why

On Wednesday, Bitcoin logged a supersonic bull run, hitting $13,000 for the first time in 15 months. The rally started after PayPal announced its foray into the cryptocurrency sector, leading analysts to believe that the $138 billion global payments firm drove the latest Bitcoin adoption. дальше »

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Financial analyst expects “fireworks” for Bitcoin in 2021 as macro trends align

Bitcoin has undergone a strong rally over the past few days as buyers have returned to this market. The post Financial analyst expects “fireworks” for Bitcoin in 2021 as macro trends align appeared first on CryptoSlate. дальше »

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Analyst: Chainlink Likely to Rally to $16.50 as It Approaches Key Level

Chainlink has been struggling to break above $11. 00 throughout the past few days and weeks. This level has become a strong resistance for the cryptocurrency, and both bulls and bears have largely reached an impasse. дальше »

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Options Trends Makes it Hard for This Analyst to Imagine a Bitcoin “Mega Pump”

Bitcoin has been consolidating within a $1,500 range over the past seven weeks. With BTC currently pushing higher and the fundamentals aligning in favor of bulls, analysts have begun to expect a strong rally into the end of a year. дальше »

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Here’s How High Bitcoin May Rally Before Losing Steam

Bitcoin’s price has been showing signs of strength as its consolidation phase continues Although its upwards momentum has faltered, its current stability within the mid-$11,000 region is promising, as it points to some underlying strength amongst bulls Where the cryptocurrency trends in the near-term will likely depend primarily on its reaction to a couple of key levels One analyst is noting that a strong upside movement could be imminent in the near-term That being said, […] дальше »

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A 50% Increase in Tether Supply Points to Another Bitcoin Rally: Analyst

Bitcoin should brace for another upside move as a large Tether supply waits to enter its market, according to TradingShot. The independent market analysis firm said that the USDT supply increased by more than 50 percent since August 2020. дальше »

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A “Cypher Pattern” Sets UNI For 100% Rally, Says Analyst

Associating with the term “DeFi” worked in favor of many blockchain assets this year. UNI was one of them. The governance token, which landed in the hands of people who contributed to the progress and running of UniSwap, a decentralized crypto exchange, was a hit right after its launch. It topped charts after rising more […] дальше »

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Bitcoin’s Move Higher Is Still a “Fadable” Rally, Analyst Says

Bitcoin has surged decisively higher over the past 72 hours, moving from the $10,600 range to as high as $11,500 on Friday evening. As of this article’s writing, the leading cryptocurrency trades for $11,350, just around 9% above the weekly lows. дальше »

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"Democratic Clean Sweep" Would Cause Bitcoin, Gold, Silver to Rally: Analyst

A Democratic clean sweep might cause Bitcoin, gold and silver to rally in tandem, analyst says дальше »

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Analyst: Chainlink Could Still Set Fresh Lows Despite Yesterday’s 30%+ Rally

After a multi-week bought of grinding lower, Chainlink saw a capitulatory decline earlier this week that came about in the form of a sharp downturn. This caused LINK to plummet to lows of under $7. 50 – marking a massive decline from its $20. дальше »

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Bitcoin Analyst Sees BTC/USD Below $6K Despite Rally Sentiment

A rebound in the Bitcoin price this week lifted its short-term bullish sentiment, especially after it broke above a string of crucial technical resistance levels. Nevertheless, the benchmark cryptocurrency might be walking into a bull trap, as per independent trading consultancy WCSE. дальше »

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Here’s Why An Analyst Thinks the Ongoing Bitcoin Rally Is “The Real Deal”

Bitcoin has begun to press higher despite weakness in legacy markets. The price of the leading cryptocurrency is currently at $10,470 despite reaching lows of $9,800 earlier this week; also, altcoins have begun to surge, suggesting that this is once again a buyer’s market. дальше »

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Why An Analyst Isn’t Convinced of Ethereum’s Price Action Despite Rally to $375

Ethereum has pressed higher after falling as low as $310-315 just days ago. The coin now trades for $370 and traded as high as $375-378 just hours ago. The coin is not entirely bullish, though, despite the recovery from the aforementioned lows. дальше »

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Investment Celebrity Jim Cramer Allegedly Investing in Bitcoin

Popular crypto analyst Anthony ‘Pomp’ Pompliano has claimed to have convinced investment guru Jim Cramer to buy Bitcoin. Cramer’s Mad Money television show has over 200,000 daily viewers, and the announcement did coincide with a small rally—but is Jim Cramer influential enough to galvanize markets? Just convinced @jimcramer to buy Bitcoin. дальше »

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Analyst: Latest Bitcoin Rally Doesn’t Look Like a Bull Run

Bitcoin just crashed from $12,000 to $10,000 in the matter of a few days, and it has since been a battle for bulls to hold ground at $10,000. Unfortunately, bears may end up winning this battle, as the latest rally according to one crypto analyst, doesn’t at all look like a “bull market.” When comparing […] дальше »

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Bitcoin Could Be Coiling Up for a Move to $11,000 as Bulls Spark Slight Rally

Bitcoin and the aggregated crypto market have been flashing some signs of strength throughout the past day While BTC rebounded hard from its key support at $10,000, ETH was able to climb back up towards the upper-$300 region This marks a notable rise from its recent lows that were set earlier this week Where the market trends in the coming hours and days should provide significant insight into its near-term outlook One analyst is noting […] дальше »

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Why a Historically Accurate Analyst Thinks It’s Unwise to Short Bitcoin Now

Bitcoin has crashed 20% in the past four days as bears have finally begun to sell the cryptocurrency after a notable rally. BTC now trades for $10,300 after hitting a local low of $9,800. Analysts remain optimistic about BTC’s prospects. дальше »

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Chainlink Posts Relief Rally, But One Analyst is Still Expecting $5.00; Here’s Why

Chainlink saw a massive decline earlier this week that sent its price plunging to lows within the sub-$10. 00 region. The cryptocurrency is beginning to show some signs of strength as it rebounds from these lows, with its recent lows starting to look increasingly like a long-term bottom. дальше »

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On-Chain Analysis Suggests There Are Few Bitcoin Sellers Preventing a Rally

Bitcoin has seemingly entered no man’s land, with the price ping-ponging between $11,000 and $12,000. A top analyst has corroborated this sentiment, recently noting that neither his bull nor bear case has been confirmed. дальше »

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Next Bitcoin Leg Up Could “Overshoot” $15K, $12K Wont Hold Back Rally

Bitcoin price is currently holding above important weekly support. With just three days left for the weekly close, the next few days are critical. If the cryptocurrency can break through, $12,000, which one analyst claims won’t hold much longer, the next leg up could “overshoot” most targets and touch $15,000. But although that outcome is […] дальше »

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This Fractal Suggests Ethereum May Rally Past $500 Before Plunging Lower

Ethereum is struggling to maintain the slight momentum it found yesterday after its price reeled down to lows of $370 After bouncing up towards $390, bulls started facing faltering momentum that ultimately led the asset’s price back down towards sub-$380 Because Bitcoin is currently expressing signs of weakness, it remains incredibly unclear as to where the market may trend in the near-term One analyst is pointing to a strikingly accurate fractal for guidance, which shows […] 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 Explains Anatomy Of An Altcoin Shakeout With BAT’s Vertical Rally

Technical analysis is an important aspect of investing and even more important to trading. It isn’t an exact science, but it can help to increase probabilities by watching for chart patterns on altcoins like Ethereum, Cardano, BAT, Binance Coin, and others. дальше »

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Why a Bloomberg Analyst Thinks Bitcoin Is “Tilted” Towards Rallying Even Further

Bitcoin’s rally has stalled after hitting $12,500 on Monday. As of this article’s writing, the price of the leading cryptocurrency is $11,800. This is $700 shy of the local high. The recent drop has scared some analysts, with some arguing that a drop towards the $10,000 is possible. дальше »

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Something “unexpected” will need to happen to stop the Bitcoin rally: Bloomberg analyst

Bitcoin has begun to lose grip of the bullish uptrend it was embroiled in. The post Something “unexpected” will need to happen to stop the Bitcoin rally: Bloomberg analyst appeared first on CryptoSlate. дальше »

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“Weak Reaction at Support” Puts Bitcoin Rally At Risk, Analyst Asserts

Bitcoin attempted to bounce back this Thursday following a string of sessions in red earlier this week. The benchmark cryptocurrency was up 0. 25 percent at $11,788 as of 10:03 GMT. But its modest upside outlook failed to impress at least one trader. дальше »

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Bitcoin Might Hit All-Time High by Christmas, Analyst Explains Why

Bitcoin will extend its rally to hit a new all-time high by Christmas, according to Vijay Boyapati. “In the 2016 cycle, Bitcoin did not break its prior all-time high until 229 days after the halving,” the crypto-analyst stated Thursday. дальше »

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Bitcoin Bull Rally Will Resume on Booming S&P 500 Sentiment: Analyst

Bitcoin plunged by more than 6 percent after topping out for the year near $12,486 on Sunday. The benchmark cryptocurrency was trading at $11,654, its lowest intraday, during the early Wednesday session. дальше »

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Analyst: This Massive Bull Flag Could Send XRP Flying Towards $1.00

XRP has been hovering around the $0. 30 region for the past couple of days, with its price breaking back above this level after an extended bout of trading beneath it. The cryptocurrency’s price action in recent weeks has been somewhat mixed, with its rally from the lower-$0. дальше »

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Bitcoin Correction Begins: How Much The Prices Can Fall This Time?

The much-anticipated correction in Bitcoin (Ticker: BTCUSD) has begun. But, according to veteran trader Jonny Moe, it is no reason for bulls to mourn. The analyst projected the benchmark cryptocurrency’s rally to resume after daytraders secured their short-term profits at $12,000. дальше »

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Analyst: XRP Is Poised to See a Parabolic Explosion to $0.93

XRP has been seeing mixed price action in recent times. After seeing an explosive rally up to highs of $0. 32, the cryptocurrency hit some insurmountable resistance that slowed its ascent and caused it to enter a consolidation phase. дальше »

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Bitcoin Futures Trading at a High Premium; Already Hitting $12,000 on CME

Bitcoin has yet again gained momentum, with people expecting for $12k to hit soon. According to analyst Mati Greenspan, for a sustainable rally, a small retracement before we blast through $12,000 would be good for the largest digital currency. дальше »

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Analyst Expects Pain for Litecoin as It Paints “Bearish Engulfing Candle”

Litecoin (LTC) has surged 42 percent in a three-week winning streak. But the rally showed signs of exhaustion upon testing a “huge falling resistance” for a breakout. LTC printed a so-called “bearish engulfing candle,” which, according to financial analyst Vince Prince, spells downside risks for the cryptocurrency. дальше »

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Bitcoin is Pushing Against a Crucial Level as Chances of an Explosive Rally Grow

Bitcoin and the entire crypto market saw a strong afternoon yesterday. This allowed BTC to push up towards $11,800 The cryptocurrency is now caught within what will likely be a short-term consolidation phase at just under $12,000 Whether or not it can surmount this crucial resistance today will help offer insights into its short-term outlook One analyst explained in a recent tweet that yesterday’s daily close does seem to indicate that a break above this […] дальше »

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