Analyst Who Predicted Bitcoin’s V-Shaped Reversal Expects Rally to $17k

Analysts are wondering what comes next for the Bitcoin market as volatility has continued to tighten to multi-year lows. Traders are divided, with BTC’s futures markets having largely neutral funding rates. дальше »

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Chainlink Prints Harrowing Reversal Sign After 500% Rally from March Lows

One of the best-performing crypto assets over the past month has been Chainlink (LINK). From the March lows to the recent highs, the asset has rallied approximately 500% against the U. S. dollar. дальше »

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Here’s Why Analysts are Flipping Short on Ethereum After Its Explosive Surge

After a prolonged period of range-bound trading, Ethereum posted a breakout rally yesterday that allowed it to surge up to fresh multi-month highs This rally put a firm end to the crypto’s macro trading range between $230 and $250 It remains unclear as to what caused this movement, but it allowed Bitcoin and other major altcoins to push higher as well Analysts are now growing cautious of what could come next for ETH Despite its […] дальше »

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Altcoins to the Moon as Ethereum and Chainlink Lead Bull Rally

As opposed to analysts’ speculations, the Altcoin season is just getting started. It’s important to not discard the speculations regardless, as Bitcoin’s stability within the $9,000 zone gives altcoins the leverage to rake up gains smoothly. дальше »

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Ethereum at $243 Is “Hilarious,” Says Analyst as ETH2 and Staking Near

Since the start of the year, Ethereum has done rather well. Per data from TradingView, the leading altcoin is trading approximately 80% higher than the price it started 2020 at. Analysts expect ETH to rally further in the months and years ahead as the underlying network’s fundamentals lend to increased demand for the asset. One […] дальше »

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COMP token might be looking at another 300% rally

The Compound token has declined by 3% but analysts say it is poised for...

The post COMP token might be looking at another 300% rally appeared first on Coin Journal.

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Bitcoin Dominance Just Printed a Massive Buy Sign After Altcoin Rally

There’s been what some analysts call an “altseason” over recent weeks as Bitcoin has stalled. Due to the outperformance of altcoins against BTC, the Bitcoin dominance metric has dropped by a handful of percentage points over recent weeks. дальше »

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Stellar (XLM) Leaves XRP in the Dust with Latest Rally; Will It Last?

Stellar (XLM) has been caught within the throes of an intense uptrend throughout the past few days, and the cryptocurrency’s momentum isn’t showing any signs of slowing down. This has allowed it to significantly outperform XRP – which is widely considered to be one of its main competitors. дальше »

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Once-a-Cycle Bitcoin Bull Signal Just Appeared for the 1st Time Since 2016

Over the past few weeks, many analysts have questioned if Bitcoin is really on the verge of a bull market. After a strong rally in March, April, and May, the cryptocurrency sustained a heavy rejection at $10,500 at the start of June. дальше »

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Analysts Discuss If Stellar Lumens (XLM) Has Peaked After 50% Rally in 4 Days

It isn’t only Cardano and DeFi tokens that have performed extremely well over recent days. Stellar Lumens (XLM) is up over 50% in the past four days, having rallied from around $0. 06 on the weekend to $0. дальше »

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As XRP Rallies, Here’s the Level Top Traders Plan on “Shorting With Fury”

The aggregated cryptocurrency market is beginning to flash some signs of strength after an extended period of sideways trading Altcoins have been leading the market higher, as Bitcoin has remained stagnant within its long-held trading range This upwards momentum has even allowed XRP to rally, with this marking the first notable surge it has seen since April Analysts are noting that it could continue climbing higher in the near-term before hitting a crucial resistance level […] дальше »

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Top Macro Investor Claims the Time for a Bitcoin Rally is Almost Here

Bitcoin is currently attempting to break above the resistance that has been formed at $9,300 This comes on the heels of a nearly week-long consolidation phase between $9,000 and $9,300 Where it trends next will likely depend on its reaction to this level, and some analysts are expecting the next movement to favor bulls heavily One top macro investor is explaining that BTC is on the cusp of breaking above a crucial descending trendline He […] дальше »

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XRP is Starting to Show Signs of Life as Analysts Forecast a Breakout Rally

It’s no secret that XRP has been one of the worst-performing major altcoins within the crypto market. It has faced intense losses in recent months and years, with its investor base being unable to catalyze any significant rebound. 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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Ethereum (ETH) Price Refuses to Pump Now, But May Follow Mid-Caps, Analysts Say

Ethereum (ETH) price growth is lagging behind the ongoing DeFi token rally. Ethereum (ETH) ecosystem contributors are figuring out whether that is cause for concern дальше »

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Top Trader Explains Ethereum’s Rally to $1,400 in 2018 Was a “Red Herring” Event

Over recent weeks, the expectations of a parabolic Ethereum rally have become extremely prevalent. Due to a confluence of fundamental and technical trends, analysts left and right are flipping bullish on the second-largest cryptocurrency. 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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This Bitcoin Volume Trend Formed Before BTC’s Rally to $13,800; It’s Forming Again

Bitcoin’s long-held consolidation phase within the mid-$9,000 region may soon come to an end, as analysts are now noting that the resistance at $10,000 is beginning to evaporate. This isn’t to say that the cryptocurrency is overtly bullish at the moment, as there still exists a multitude of different factors that could hamper the growth […] дальше »

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Analysts Are Fearing an Ethereum Correction: Here’s How Fall It Could Fall

Ethereum has been on an impressive rally over the past month. The leading altcoin is trading up more than 16% in the past month, as per data from crypto market site Coin360. com. Over that same time frame, Bitcoin dropped by 4%, while certain altcoins like XRP and BSV plunged by nearly 10%. дальше »

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If Bitcoin Closes Above $10,500, Expect an Explosive Rally to $14,000: Analysts

Bitcoin has seen quite the volatile past seven days. The cryptocurrency broke out on June 1st past $10,000, rallying as high as $10,450 on major exchanges in a move that liquidated dozens of millions worth of short positions on BitMEX. дальше »

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Here’s Why Bitcoin’s Outlook Remains Bleak as Long as It Trades Below $10,500

Bitcoin saw a sharp and unexpected rally past $10,000 yesterday that caught sellers off guard This movement allowed the benchmark crypto to rally to highs of $10,400 before it lost its momentum and declined back to the lower five-figure price region The cryptocurrency now appears to be trading at a pivotal point, and analysts are noting that it could still see further downside in the days and weeks ahead There is one level that, if […] дальше »

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This Top Analyst Wouldn’t Be Surprised If Ethereum Hit $1000 In 12 Months

Ethereum has performed rather well in recent months, recovering completely from the March market cataclysm. The world’s second-largest crypto is now valued at $249 at the time of publication and a few analysts believe its rally is far from over. дальше »

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Why Surging Options Volume Can Put an End to Ethereum’s Epic Rally

Ethereum posted an intense breakout rally yesterday that allowed it to set fresh local highs This rally came about rather suddenly, with it coming about prior to any movement seen by Bitcoin or the aggregated crypto market Analysts are now noting that this uptrend may start to falter in the days ahead, as it is currently repeating a pattern that is strikingly similar to that seen in months past This potential weakness comes as Ethereum’s […] дальше »

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Cardano (ADA) Back in Top-10 of Shelley Progress Announcements

In three days, Cardano (ADA) has surged almost 50% and continues to rise. Analysts are sure that the rally is nowhere near its end, which doesn?t involve speculation. дальше »

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Bitcoin Monthly Close is 1 Day Away: Here’s the Level That May Trigger a Big Rally

In just a day, Bitcoin will close the May’s price candle. Analysts say that this close will be crucial for indicating in which direction the cryptocurrency market heads next. Analyst Eric “Parabolic” Thies, for instance, recently identified a level that bulls should close above to confirm that more upside is in the works. дальше »

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Ethereum Posts Breakout Rally as Analysts Set Upside Targets at $290

Ethereum has been able to incur some notable upwards momentum throughout the past day. This has come about after weeks of it severely underperforming both Bitcoin and the aggregated crypto market. It now appears that the cryptocurrency could be positioned to see even further gains in the near-term, as this latest movement has provided its... дальше »

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Analysts Foresee a Harsh End to Bitcoin’s Uptrend if It Losses $9,350

Analysts believe that the uptrend Bitcoin saw yesterday may soon come to a harsh end following the cryptocurrency’s swift rejection within the upper-$9,000 region This marked yet another rejection at this heavy resistance level, and also points to some underlying weakness amongst the crypto’s buyers A low-time-frame ascending trendline was also broken by this movement, leading analysts to note that the recent rally will soon come to a swift end as BTC hovers above its […] дальше »

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Derivatives Data Shows That Even After 150% Rally, Bitcoin Is Far From Topping Out

Over the past few weeks, analysts have said Bitcoin is finally finding a local top. For the third time in a matter of months, the cryptocurrency was rejected in the $10,000 range. It was a rejection that caused many to reconsider their bullish stance on BTC due to the level’s importance. Though derivatives data and... дальше »

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Bitcoin Flashes Major Signs of Strength as Analysts Target $10,000

Bitcoin saw a notable overnight upswing that allowed it to firmly gain a position within the mid-$9,000 region This movement caught some bears off guard, and marked an extension of the momentum that it first incurred when it bounced from $8,800 yesterday It now appears that BTC is primed to rally even higher in the near-term, with some analysts targeting a move to $10,000 as the crypto flashes signs of strength Bitcoin is currently caught […] дальше »

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There’s a Silver Lining to Goldman Sachs’ Scathing Bitcoin Presentation

Despite the recent rally and macro developments boosting Bitcoin, the cryptocurrency came under fire by analysts at Goldman Sachs on Wednesday. In a May 27th client call entitled “Implications of Current Policies for Inflation, Gold, and Bitcoin,” two executives at Goldman Sachs and a Harvard professor deliberated over BTC. дальше »

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Analysts are Cautious of the Crypto Market’s Latest Push Higher; Factors to Consider

The aggregated crypto market saw a sharp rise today fueled by widespread liquidations of short positions This movement came about following an extended period of sideways trading within the upper-$8,000 region Analysts are cautious about the market-wide trend shift, as some are noting that there are a few factors that signal it will be followed by a sharp retrace Bitcoin led the entire crypto market to rally higher overnight, with a continued defense of $8,800 […] дальше »

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Ethereum is Ready For Heavy Volatility, And Analysts Predict a Big Rally

It’s been a quiet past few days for Ethereum and the rest of the crypto market. After last week’s correction, prices have settled. ETH is trading about 10% lower than its May highs, which is about the same performance assets like Bitcoin. дальше »

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Bitcoin’s Bull Case Remains Valid as Buyers Fight to Maintain $9,000

Bitcoin has been flashing some overt signs of weakness throughout the past several days and weeks This has been rooted largely in its inability to break into the $10,000 region after facing multiple strong rejections here throughout the past several days Analysts are now noting that the cryptocurrency remains in a position to see further upside, however, as long as it is able to hold above a key ascending trendline It also could soon rally […] дальше »

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Even After 94% Crash From 2018 Peak, Analysts Think XRP Isn’t Done Falling Yet

While XRP is one of the most popular projects in the space, it has been one of the worst performing large-cap cryptocurrencies since the 2018’s highs. Even after the recent rally in this nascent market that saw most digital assets double in the span of six weeks, XRP is down by over 94% from its all-time high established on Bitstamp in early 2018. дальше »

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Bitcoin Rallied 6,400% Last Time It Made This Formation, and It’s Back Again

Bitcoin isn’t even past $10,000 — let alone the latest all-time high of $20,000 — but analysts are already craving the crypto market’s next parabolic bull rally. While this rally has yet to arrive, a prominent cryptocurrency chartist has indicated that it’s close. дальше »

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Fund Manager: Bitcoin’s Perfect Storm Is Here Because of “Reckless” Fed

Since the crypto bubble of 2017 that brought Bitcoin from under $1,000 to $20,000 in a year, analysts have been wondering what will spark the next rally. Many have put their faith in the Bitcoin block reward halving, which came to pass earlier this week, but more and more are becoming convinced that it is (somewhat ironically) central banks and governments that will start the next bull market to all-time highs for both gold and Bitcoin. […] дальше »

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Bitcoin Battles for $10K as Gold Prints Over 7-Year High

Bitcoin's upward move looks to have stalled amid gold's rally to 7.5-year highs. But analysts think it's only a matter of time before bitcoin begins drawing stronger haven demand. дальше »

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Ethereum Could Rally to $290 if it Holds This One Crucial Level

Ethereum could be well positioned to see some notable upside in the days and weeks ahead, despite its overt signs of weakness caused by its recent decline to the sub-$200 region. Analysts are now noting that its market structure still favors buyers so long as it maintains above $185, and that a continued defense of... дальше »

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Once In a Lifetime Money Printing Strengthens Bitcoin’s Bull Case Investor

Since the crypto bubble of 2017 that brought Bitcoin from under $1,000 to $20,000 in a year, analysts have been wondering what will spark the next rally. Many have put their faith in the Bitcoin block reward halving, which came to pass earlier this week, but more and more are becoming convinced that central bank... дальше »

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After Rallying 150% From $3,700 Lows, Bitcoin Is Far From Reaching a Top

Bitcoin may have performed extremely well over the past two months, rallying over 100% from the March lows, but technicals show and analysts argue that the rally is far from over. Rally From $3,700 to $10,000 Just the Start of a Bigger Trend According to Alex Fiskum, an associate at boutique investment fund Alice Capital,... дальше »

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Bitcoin Explodes Above $9,300 After Halving: What Do Analysts Expect Next?

Bitcoin has continued to rally higher since our last market update, recently retaking $9,300 for the first time since the crash on the morning of May 10th. This strong recovery comes after Bitcoin fell as low as $8,100 due to a sell-off prior to the block reward halving, seen in the middle of the chart... дальше »

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Summertime Stock Market Crash Is Coming, Analysts Warn

Analysts are sounding the alarm on the stock market rally, warning that traders aren’t being realistic about the future. The post Summertime Stock Market Crash Is Coming, Analysts Warn appeared first on CCN.com дальше »

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Top Commodity Strategist Claims Bitcoin Most Likely Asset to Rally in 2020; Here’s Why

Bitcoin’s recent rally to $10,000 has renewed investor’s interest in the market, also drawing the attention of prominent traditional analysts and investors One prominent commodity strategist at Bloomberg explained that he believes BTC and gold are the two assets most-likely appreciate throughout 2020 This comes as the cryptocurrency’s technical outlook begins growing incredibly bright Bitcoin has seen some incredibly bullish price action in the time following its rebound from mid-March lows of $3,800. It’s subsequent […] дальше »

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Altcoins Breaking Out of Multi-Week Channels, is Another Rally Imminent?

All attention has been on Bitcoin this past week as it clawed its way back to five figures. The majority of altcoins have been slow to catch up, but some are beginning to break out, leading analysts to believe a rally could be imminent. дальше »

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Bitcoin (BTC) Only Asset That Recovered From February Market Collapse, Analysts Say

Bitcoin (BTC) has started its rally and market sentiment has changed to bullish with signs of FOMO appearing. Data by Messari shows that it may not be groundless дальше »

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Renewed Bitcoin Rally May Be Triggered by This $2 Trillion Investor Cash Pile

Bitcoin eyes a new price rally as investors assess the provisional reopening steps taken by the U. S. states. Analysts believe a restrained second wave of Covid-19 infections could increase risk sentiment. дальше »

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Bitcoin May Be Poised to Push to $11,000 as Bullish Confluence Grows

Bitcoin has entered what appears to be a consolidation phase as its bulls and bears reach an impasse This has led the benchmark crypto to trade sideways within the upper-$8,000 region for an extended period of time Analysts are noting that there are some bullish factors that seem to suggest the recent rally is far from over, and that BTC could soon make a bid at $11,000 Bitcoin has seen some highly bullish price action […] дальше »

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5 Converging Factors: Bitcoin’s Rally Is Just Starting, Even After 150% Surge

Just seven weeks ago, Bitcoin was trading down in the dumps, at $3,700 after one of the worst trading sessions in the cryptocurrency market ever. In the wake of that move, there were many analysts calling for the crypto market to fall even lower than it had, but digital assets quickly rebounded across the board in a show of resilience. дальше »

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Myriad of Bearish Signs Flash for Bitcoin as Analysts Eye S&P 500 Futures

Bitcoin’s insane rally yesterday that allowed it to climb nearly $2,000 at its peak has stalled, with the retrace from its daily highs of $9,500 printing a massive wick that has made its daily candle look quite bearish. дальше »

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Here’s Why Bitcoin Could Rally to $10,000 Before Seeing a Brutal Decline

Bitcoin’s intense volatility seen yesterday didn’t let up overnight, as the benchmark cryptocurrency pushed as high as $9,500 before facing a swift rejection The crypto has been able to stabilize within the upper-$8,000 region in the time since Analysts are now noting that this strong upwards momentum could lead BTC as high as $10,000, although it may face a brutal rejection at this level that leads it significantly lower Bitcoin and the aggregated cryptocurrency market […] дальше »

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