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Why One Top Bitcoin Trader Believes Now is the “Calm Before the Storm”
Bitcoin has seen some of the most boring price action it has witnessed in over a year. After ranging between $9,000 and $10,000 for over two months, the cryptocurrency has now narrowed its trading range to between $9,000 and $9,300, with BTC primarily just hovering around $9,100. дальше »
2020-7-5 01:00 | |
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Here’s When Analysts Expect Bitcoin to Print a $1,000 Candle
Bitcoin and the aggregated cryptocurrency market have been consolidating for two months now This trend isn’t showing any signs of letting up anytime soon either, as BTC has been posting some of the tightest consecutive candles that it has ever seen BTC’s trading volume has been declining in tandem with this, signaling that market participants have virtually all moved to the sidelines Analysts are still expecting the benchmark crypto to post a $1,000 candle once […] дальше »
2020-7-5 19:00 | |
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Bitcoin’s Volume is at the “End of the Line” Signaling Volatility is Imminent
Bitcoin’s range-bound trading is showing no signs of letting up as the crypto continues trading sideways within the lower-$9,000 region It does appear to be laying the groundwork to make a massive movement Data suggests that this movement could be imminent in the days ahead, potentially setting the tone for which direction it trends next There are a few other factors that are likely to influence its near-term price action as well One analyst notes […] дальше »
2020-7-4 21:00 | |
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Bitcoin Spots Errors in US Jobs Report Way Ahead of Wall Street
Bitcoin closed its Thursday trading session in red even as an optimistic June employment report boosted risk-on sentiment. The cryptocurrency’s losses contrasted gains on Wall Street, showing first signs of decoupling after weeks of strong positive correlation. дальше »
2020-7-3 08:12 | |
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History Shows That Bitcoin’s Consolidation Phase is Likely to Result in Fireworks
Bitcoin has been caught within a tight trading range between $9,000 and $10,000 for two months now. This trading range is still showing few signs of degrading as buyers continue guarding against a dip below its lower boundary. дальше »
2020-7-3 02:00 | |
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Bitcoin Hesitates But Indicators Suggest BTC Could Surge Above $9,300
Bitcoin is slowly moving higher and it recently tested $9,300 against the US Dollar. BTC is now trading well above the 100 hourly SMA, and it is likely to surge above $9,300. Bitcoin is showing a few positive signs above the $9,200 and $9,150 levels. дальше »
2020-7-2 06:58 | |
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Bitcoin is Showing “Signs of Exhaustion” as Analysts Eye a Movement to $8,000
Bitcoin is flashing some tempered signs of strength right now as it attempts to push up towards $9,300. This comes after an extended period of trading at $9,100 and seems to mark an extension of the momentum that the crypto first incurred when it bounced from its recent lows of $8,900 last week. This momentum […] дальше »
2020-7-2 04:00 | |
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Bitcoin Could Recover Significantly And Only 1 Thing Is Holding It Back
Bitcoin is slowly moving higher and trading above the $9,100 level against the US Dollar. BTC could start a strong upward move if it clears the $9,300 and $9,340 resistance levels. Bitcoin is showing a few positive signs above the $9,000 and $9,100 levels. дальше »
2020-6-30 07:08 | |
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New Bitcoin Price Model Suggests ‘Exponential’ Bull Run in One Month
On-chain analyst Willy Woo published a new Bitcoin price model showing a new BTC bull run could begin in 30 days.
дальше »2020-6-29 22:32 | |
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How The Pandemic Killed The Bitcoin Bull Run, According To Crypto Pundit
From the lows recorded in mid-March, bitcoin (BTC) is up by a whopping 120% at the time of publication. Even so, the cryptocurrency has not staged a steady uptrend. In fact, BTC has been stuck in a bout of sideways trading over the last three-plus months despite showing signs of a bull trend as it […] дальше »
2020-6-29 11:25 | |
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Ethereum is Showing Early Signs of Macro Weakness; What to Watch For
Ethereum has been inching lower after breaking below the support level at the bottom of its long-held trading range This decline has come about despite Bitcoin showing some signs of stability within the lower-$9,000 region ETH is now trading at a crucial support level that buyers are attempting to defend, as a break below it could be dire Analysts are now noting that for the first time in a long time ETH is showing signs […] дальше »
2020-6-29 22:00 | |
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Venezuelan Government Exploring Bitcoin Payment Option for Passport Renewal Services
News has emerged that soon Venezuelans shall be able to apply for their passports via Bitcoin. This was first revealed by a Reddit post showing a BTC payment option available for passport application on the Administrative Identification, Migration, and Alien Services (SAIME) official website. дальше »
2020-6-26 23:48 | |
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Bitcoin Bulls Flash Signs of Strength as Stock Market Fuels Fresh BTC Uptrend
Bitcoin is showing some signs of strength after it posted a strong rebound from its recent lows set around $9,200 The crypto has since climbed back above $9,400, and appears to be navigating through what has become a heavy resistance level Analysts do believe that the token is poised to see further upside due to a few key factors One such factor would be the ongoing rise seen while looking towards the stock market, which […] дальше »
2020-6-23 21:00 | |
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Why Analysts Expect Bitcoin to Plummet to $7,700 as Technical Strength Degrades
Bitcoin’s consolidation phase is showing few signs of letting up anytime soon. The benchmark crypto is still trading within the lower-$9,000 region, and the support just below its current price level appears to be significant. дальше »
2020-6-22 01:00 | |
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Bitcoin to Correct Throughout Summer Months as Analysts Eye Major Downside
Bitcoin’s consolidation phase has persisted, with the cryptocurrency continuing to trade sideways as it hovers around $9,360 The cryptocurrency has struggled to garner any notable momentum, showing some signs of weakness as it continues trading around the lower boundary of its range It does appear that it could be poised to see further near-term weakness due to it forming a weak technical structure This could spark a correction that causes it to decline throughout the […] дальше »
2020-6-22 19:00 | |
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Analyst: Bitcoin Could Continue Flatlining as it Gears Up for Explosive Volatility
Bitcoin’s unrelenting trading range has offered investors few insights into its near-term trend This range has persisted since the start of May, and isn’t showing no signs of letting up anytime soon Overnight sellers did attempt to shatter the lower boundary of this trading range, although this was quickly reversed by ardent buyers who have since pushed it back to $9,400 It now appears that this consolidation trend could extend even further The resolution to […] дальше »
2020-6-20 02:00 | |
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This Silver Fractal Suggests Bitcoin Could Soon See a Parabolic Rally
Bitcoin’s well-established consolidation trend is showing no signs of ending anytime soon, as the crypto is still hovering within the mid-$9,000 region Each attempt to break above or below the upper and lower boundaries of its current trading range have been unsuccessful There is, however, one fractal pattern that bodes well for the crypto’s bulls One analyst is pointing to similarities between previous silver price action and Bitcoin for insights into where the benchmark digital […] дальше »
2020-6-18 21:00 | |
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Bitcoin Set To Close Historically Strong Q2 On A Bullish Note, And Here’s Why
Bitcoin is about to close Q2 very strong, according to data from Skew. With only 14 days left to go, Bitcoin has gained over 48% in the quarter and is still showing positive signs of upward price movement. дальше »
2020-6-17 11:55 | |
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Bitfinex Crypto Exchange Receives Huge Bitcoin (BTC) Buy Orders But Can Price Sustain $9,000?
Bitcoin’s price touched sub-$9,000 levels in the early trading hours on Monday June 15, 2020 setting a bearish tone in the market. Despite climbing back to a shaky support level of $9,136 USD as at time of writing, one crypto analyst believes the markets are soon turning bullish. дальше »
2020-6-15 17:13 | |
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Bitcoin’s Waning Range Faces Tough Test, Is A Drop to $7K Imminent?
Late in the week, bulls were upbeat that Bitcoin was showing strength above key support. A mid-week crash that saw the digital asset fall from highs of $10K to the $9. 3K lows sent shockwaves around with investors panic selling. дальше »
2020-6-14 23:38 | |
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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 »
2020-6-13 21:00 | |
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Bitcoin Tanks $1,000: Here Are 4 Pivotal Signs Showing the Uptrend Is Intact
As fast as Bitcoin rallied to $10,000, it crashed. The cryptocurrency dipped approximately $1,000 in the span of eight hours in a process that liquidated approximately $80 million worth of contracts on BitMEX’s XBT market. дальше »
2020-6-12 15:00 | |
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3 Reasons Why Bitcoin Price Continues to Reject at $10,000
Bitcoin price rejected above $10,000 for the third time in a month, showing the multi-year resistance level remains a challenge for bulls to overcome. дальше »
2020-6-11 23:28 | |
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Crypto Broker Voyager Digital Stock (VYGR) Doubles This Year, Surpassing Bitcoin Growth Rate
Coinspeaker Crypto Broker Voyager Digital Stock (VYGR) Doubles This Year, Surpassing Bitcoin Growth RateVoyager Digital stock is showing great results this year. It means that it can become a good choice for investors who are interested in the crypto industry. дальше »
2020-6-10 20:29 | |
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3 Macro Factors Show Why Bitcoin Is Poised to Erupt Past $10,500: Analyst
The recent price action has made it easy for investors to flip bearish for Bitcoin for the time being, but a top analyst recently shared that he remains macro bullish on the cryptocurrency. Backing his optimism, he shared the chart below, along with three macro factors showing that Bitcoin is likely still embroiled in a macro uptrend. дальше »
2020-6-10 15:00 | |
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Bitcoin Just Flashed the Signal That Marked the Start of a 7,000% Rally
A confluence of technical and fundamental signs are showing that Bitcoin is on the verge of entering into another parabolic bull run, despite recent weakness. Bitcoin Flashes Positive Momentum Signals According to prominent cryptocurrency chartist Nunya Bizniz, Bitcoin in May printed the exact same signal that marked the start of all prior bull runs: “three consecutive higher monthly [candle] closes. дальше »
2020-6-8 15:00 | |
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Textbook Wyckoff Analysis Shows Bitcoin Is About to See a Brutal Drop to $7,000s
Since plunging as low as $8,600 earlier this week, Bitcoin has mounted a strong comeback that took prices as high as $9,900 on June 4th and 5th. The more than 10% bounce has convinced many traders of the bull case, hence why funding on futures exchanges remains positive, showing longs are more aggressive than shorts.... дальше »
2020-6-6 07:00 | |
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A Look at the Bitcoin Dominance Rate and Alt Season Possibilities
The Bitcoin dominance rate (BTCD) has steadily decreased alongside a descending resistance line from May 14. The price is showing short-term reversal signs, but the trend remains bearish as long as BTCD is below this line. дальше »
2020-6-5 00:22 | |
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Bitcoin Miner Hoarding Bolsters the Bullish BTC Case
Yet another bullish case is emerging for the Bitcoin (BTC) price following a noticeable decline in the volume of BTC transfers from miners to exchanges. In a Tweet published on Thursday, crypto analyst @ColeGarnerBTC provided a chart from market analytics firm Glassnode showing the inverse correlation that exists between miner outflows and the Bitcoin price. дальше »
2020-6-5 00:09 | |
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Bitcoin Dollar Cost Averaging Over 3 Years Yields a 70% Gain: PlanB
Bitcoin (BTC) analyst and creator of the hugely popular stock-to-flow (S2F) model, PlanB (@100trillionUSD), has published a chart showing the potential returns of dollar-cost averaging (DCA) over three years. дальше »
2020-6-4 00:13 | |
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Another Magical Q2 for Bitcoin Ends in the Green, BTC Up Almost 50%
Despite major volatility caused by the halving, Bitcoin has ended yet another Q2 in the green. After showing poor performance in Q1 being down 10% QoQ, Bitcoin closed the year’s second quarter with a price increase of 48. дальше »
2020-6-1 18:08 | |
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Revolut’s UK users bought 68% more Bitcoin in April
A new study reveals that UK retail traders bought more Bitcoin in April after countrywide lockdown had seen purchases drop by 50% throughout March. UK-based fintech company, Revolut, has provided data showing that users on its crypto trading app bought less crypto in mid-March even as Bitcoin crashed to new yearly lows. дальше »
2020-5-29 13:27 | |
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Investors are Heavily Accumulating Ethereum Despite Gloomy Outlook
Ethereum has been seeing some incredibly lackluster price action throughout the past several weeks and months, setting a series of lower lows while losing ground against Bitcoin Despite showing signs of technical weakness, data shows retail investors have been busily accumulating the cryptocurrency This trend isn’t unique to just retail investors either, as data also reveals that institutional investors have also been stocking up on ETH Ethereum has seen some lackluster price action in recent […] дальше »
2020-5-25 22:00 | |
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Ethereum’s Price Action Could Resemble a “Car Crash” if it Breaks Below $190
Ethereum has once again declined back down to its long-held consolidation channel around $200 The cryptocurrency is now showing some signs of weakness as it continues performing poorly alongside Bitcoin and most other major altcoins This weakness could soon lead it down to a key support level that must be maintained by buyers A failure for ETH to hold above this level could mean a “car crash” style decline is imminent, according to one analyst […] дальше »
2020-5-23 23:00 | |
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Bitcoin Topside Bias Could Be Vulnerable Below $9,500 And 100 SMA
Bitcoin failed to climb above the $9,950 and $10,000 resistance levels against the US Dollar. BTC price is currently plunging and it is now vulnerable to more losses below $9,400. Bitcoin is down more than 3% from the weekly high and it is now showing bearish signs. дальше »
2020-5-21 06:58 | |
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Will Bitcoin Finally Break Out Above $10,000?
The Bitcoin price is trading inside an ascending channel, but technical indicators are showing weakness. A breakout is more likely, but both options remain possible. The Bitcoin price is currently trading inside an ascending triangle and has been doing so since reaching a high on May 14. дальше »
2020-5-20 11:25 | |
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S9 Miners Return to Bitcoin as Network Hashrate Stabilizes
After last week’s halving, miners took their S9 ASICs offline as Bitcoin revenues dropped. Now, S9s are making a resurgence as BTC prices rise, showing that miners have confidence in... The post S9 Miners Return to Bitcoin as Network Hashrate Stabilizes appeared first on Crypto Briefing. дальше »
2020-5-21 07:10 | |
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These Two Altcoins Have Potential for Massive Gains
Despite Bitcoin’s relatively high market dominance as of late, there are still a handful of altcoins that are showing potential for growth. Quant (QNT) has broken out from a long-term descending resistance line and validated it as support. дальше »
2020-5-19 16:10 | |
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These 4 Altcoins Could Soon Initiate Upward Movements
OGN and COS are showing signs that their long-term downward trend may be nearing its end. Even though ETC and VIBE show similar price action, the chances for a reversal are not as strong. With the consistently increasing Bitcoin dominance rate, altcoins are naturally falling to their lowest levels when looking at their BTC pairs. дальше »
2020-5-19 04:20 | |
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‘Bitcoin is King,’ Fuels Altcoin Market Growth, Says Coinbase
In a recent blog, Coinbase wrote that customer behavior supports market capitalization data showing Bitcoin as the cryptocurrency industry’s “blue-chip asset. ” The exchange states that growing interest in Bitcoin benefits the wider industry. дальше »
2020-5-15 03:16 | |
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These 2 Altcoins Have Fallen to Their Long-Term Range Lows
During the ongoing Bitcoin (BTC) rapid increase, many ALT/BTC pairs have fallen near their all-time lows. In this article, we will take a look at two of them, which have been showing some signs of a reversal. дальше »
2020-5-15 02:15 | |
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Bitcoin Price Chart Fractal Seen in 2019 Hints at $14K Within Months
Bitcoin rose from $5,000s to $14,000 in 62 days in mid-2019: BTC is now showing an eerily similar trend
дальше »2020-5-14 19:13 | |
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