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This Fundamental Indicator Shows Why Bitcoin Can’t Seem to Break $11,000
Bitcoin’s price has entered a consolidation phase as it trades between $10,600 and $10,800 The cryptocurrency’s strong uptrend in recent days stalled as soon as it approached $11,000, as the selling pressure at this level has proven to be quite significant Analysts are now conflicted on where it may trend next, as it all depends on whether $11,000 proves to be a surmountable level One analytics firm is now noting that there is one indicator […] дальше »
2020-9-30 02:00 | |
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The Bitcoin Schnorr / Taproot upgrade explained
While Bitcoin remains the world’s most valuable cryptocurrency, as a first-generation blockchain, it faces a number of challenges. The upcoming Schnorr/Taproot soft fork addresses some of these challenges and will be the most significant update to Bitcoin since the SegWit soft fork of August 2017. дальше »
2020-9-30 17:01 | |
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Here’s the Key Level Bitcoin Needs to Close Above to Kick Off an Uptrend
Bitcoin’s price action has been choppy over the past couple of weeks, with bulls and bears reaching an impasse as it consolidates between $10,200 and $11,200 These two levels have proven to be strong support and resistance, and which one is broken first could offer some significant insights into its near-term outlook As for where it may trend in the near-term, one trader is noting that it all depends on its upcoming weekly candle close […] дальше »
2020-9-27 02:00 | |
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A Lifelong US Dollar Downtrend Paints Bullish Outlook for Bitcoin
The US dollar is on track for its most significant monthly performance since July 2019. But it continues to feel the pressure from its all-time bearish outlook. Why? A monthly chart of the US dollar index (DXY), a barometer to gauge its performance against a basket of top foreign currencies, shows the greenback in a lifelong downtrend. дальше »
2020-9-25 08:44 | |
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Has the recent stock market performance contributed to the slide of Bitcoin?
All financial markets have experienced significant volatility in 2020. But do stock market slides necessarily mean Bitcoin and other crypto assets will follow suit? дальше »
2020-9-29 15:01 | |
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Bitcoin Bulls Wrestle for Control of the Correction
The Bitcoin (BTC) price has been on a downward path since being rejected on Sept 19. The price is likely nearing the end of its correction and a significant bounce is expected soon. The Bitcoin price has been decreasing since reaching a high of $11,183 on Sept 19. дальше »
2020-9-24 13:04 | |
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Christie’s to sell its first non-fungible-token as part of epic Bitcoin artwork
Art historian-turned-blockchain artist Robert Alice believes that the Bitcoin codebase is a culturally and politically significant piece of 21 century history. дальше »
2020-9-24 15:00 | |
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Bitcoin Cash, NEM, VeChain Price Analysis: 21 September
Bitcoin Cash registered significant losses as Bitcoin and most of the market faced another wave of selling pressure. NEM, while it noted a recent surge, was rejected at a level of resistance and showeThe post Bitcoin Cash, NEM, VeChain Price Analysis: 21 September appeared first on AMBCrypto. дальше »
2020-9-21 19:15 | |
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Bitcoin Weekly Outlook: All Eyes on Powell and Mnuchin Testimonies
Bitcoin posted choppy trades last week but managed to close the session modestly higher. The Federal Open Market Committee’s meeting on policy decision was the most significant catalyst behind the cryptocurrency’s conflicted market bias. дальше »
2020-9-21 08:14 | |
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Ethereum Could See Major Weakness if Bulls are Unable to Defend Key Level
Ethereum has seen some immense strength over the past few days, with bulls pushing it as high as $395 before it faced some intense selling pressure that slowed its ascent The cryptocurrency has been unable to garner any significant buying pressure above $390, likely due to Bitcoin’s position beneath its $11,000 resistance Once the benchmark cryptocurrency breaks through, it may create a tailwind that lifts ETH higher The recent launch of Uniswap’s UNI token seems to […] дальше »
2020-9-19 23:00 | |
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Bitcoin Hit $20k the Last Time This Fundamental Indicator Flashed; It’s Back
Bitcoin’s price action has given investors mixed signals as of late, with the benchmark cryptocurrency oscillating between $10,000 and $11,000. The resistance found at the upper boundary of this trading range has proven to be quite significant, as it has catalyzed numerous rejections throughout the past few weeks. дальше »
2020-9-18 05:00 | |
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Bakkt’s Physically-Settled Bitcoin Futures in Focus; Hitting A New Record of 15,955 ($200M)
Whenever bitcoin makes a significant move after a period of slow or no movement, the ICE-backed Bakkt records increased activity. And this time has been no different. On Tuesday, the price of bitcoin went as high as $10,940, a level not seen in over ten days, since the digital took a drop from $12,000 right […] The post Bakkt’s Physically-Settled Bitcoin Futures in Focus; Hitting A New Record of 15,955 (0M) first appeared on BitcoinExchangeGuide. дальше »
2020-9-17 17:02 | |
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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 »
2020-9-11 21:00 | |
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Bitcoin Rises Ahead of ECB Meet; How Eurozone Could Impact Price?
Bitcoin bounced back on Thursday as the dollar weakened. But the cryptocurrency refrained from making any significant moves ahead of the European Central Bank’s monetary policy resolution later today. дальше »
2020-9-10 09:01 | |
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Crypto surges in India after Bitcoin ban lifted
On March 5th 2020, India's Supreme Court lifted Indian’s cryptocurrency ban. In the months since, Indian crypto exchanges have seen a huge surge in trading volumes and investment despite a significant contraction of the Indian economy caused by Covid-19 дальше »
2020-9-10 17:00 | |
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Binance Coin (BNB) Above $24 Could Spark A Significant Rally
Binance coin price is up over 5% and it is outperforming bitcoin against the USDT. BNB could rally further to a new monthly high if it breaks the $24. 00 resistance zone. Binance coin price is gaining bullish momentum above the $22. дальше »
2020-9-9 10:48 | |
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Bitcoin Price Falls – Why Options Traders Are Expecting Further Decline
The top cryptocurrency by market capitalization reached a year high of about $12,500 on the 17th of August but has seen some significant decline in price recently. Its price fell to as low as $9,981 today, breaking below the $10K level. дальше »
2020-9-9 21:50 | |
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Bitcoin Hammers Key Support Level as All Eyes Continue Watching $10k
Bitcoin has once again faced a massive influx of selling pressure that caused its price to dip back towards its key support at $10,000 The cryptocurrency is navigating beneath this level, which means that it may soon once again test its critical support at $9,900 The multiple tests of this level that it has undergone in recent times seems to indicate that significant downside could be imminent One analyst is noting that a failure to […] дальше »
2020-9-8 21:00 | |
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Bitfinex made a major investment in derivatives platform LN Markets
According to new reports, a major Hong Kong crypto exchange, Bitfinex, recently invested a significant amount into a new derivatives exchange based on Bitcoin’s Lightning Network. The platform in question is known as LN Markets, which recently closed a funding round during which Bitfinex’s investment had arrived. дальше »
2020-9-9 14:42 | |
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Bitcoin is Conducting a “Bullish Retest” as It Hits Critical Support Level
Bitcoin is ardently attempting to hold above $10,000, as this crucial psychological support level has been broken and reclaimed on multiple occasions throughout the past several hours. Earlier today, the cryptocurrency showed some significant signs of weakness as it pushed below this level, with bears sending it as low as $9,900 before it saw a […] дальше »
2020-9-7 19:00 | |
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Bitcoin Bears May Soon Be Punished as On-Chain Data Grows Bullish
Bitcoin has seen some incredibly bearish price action throughout the past few days, with the cryptocurrency’s price declining to lows of $9,900 before being able to find some strong support. The buying pressure here did prove to be rather significant, as it allowed the token to rally higher and once again stabilize within the lower-$10,000 […] дальше »
2020-9-6 01:00 | |
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Data Shows “Smart Money” is Looking to Buy Bitcoin at $8,800
It has been a rough past couple of days for Bitcoin and the rest of the crypto market, with bears forcing BTC to dive as low as $10,000 The support found just below this price region was significant, as BTC quickly bounced and ran back towards the upper-$10,000 region Bulls and bears have since reached an impasse, with the cryptocurrency consolidating as it attempts to garner some clearer directionality in the near-term One analyst is […] дальше »
2020-9-5 21:00 | |
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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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Bitcoin Falls 12% But a Reuters Poll Indicates Massive Rally Ahead
The last two days found Bitcoin (Symbol: BTCUSD) in its most bearish states in more than three months. The cryptocurrency experienced a significant sell-off on Wednesday that continued until the next day’s New York session. дальше »
2020-9-4 13:36 | |
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Bitcoin’s “Social Volume” is Spiking; Here’s What This Means for BTC
It has been a rough day for Bitcoin. The benchmark digital asset has shed a significant amount of its value, with its price plunging from the lower-$11,000 region to lows of $10,400 earlier today. In the time since, it has shown some signs of stabilizing as buyers attempt to regain control of its near-term price […] дальше »
2020-9-4 05:00 | |
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Bitcoin dominance falls as Ethereum, DeFi dominate the crypto market
The ongoing frenzy in the decentralized finance (DeFi) focused crypto market has led to industry leader Bitcoin lose its “dominance” by a significant percentage, data on tracking site CoinMarketCap shows. дальше »
2020-9-3 22:00 | |
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Bitcoin and Litecoin Team up to Shake Porn’s Taboo Image
Pornhub, the ninth most visited website in the world, today announced they would accept Bitcoin and Litecoin as payment options for its premium service. The site became a pioneer in 2018 when it was the first significant adult website to accept cryptocurrency. дальше »
2020-9-2 15:38 | |
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Bitcoin’s Bullish Close Barely Fails to Confirm Upward Trend
During the week of Aug 24-31, Bitcoin created a bullish hammer above a significant resistance area. This is a bullish sign that suggests continuation. However, short and long-term indicators aren’t aligning. дальше »
2020-8-31 12:05 | |
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Bitcoin Just Broke a Crucial Trendline as Bulls Take Aim at $12,000
Bitcoin and the entire crypto market have been flashing some signs of strength throughout the past couple of days BTC has firmly moved into the mid-to-upper $11,000 region, with bulls now trying to garner enough strength to push it up towards its high time frame resistance at $12,000 Whether or not this level is tapped in the near-term should offer some significant insights into its near-term trend Analysts are now pointing towards a recent trendline […] дальше »
2020-8-31 19:08 | |
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It’s the “Moment of Truth” for Bitcoin as it Trades at a Crucial Level
Bitcoin has found some stability within the mid-$11,000 region following its recent dip towards $11,100 The cryptocurrency is now consolidating as it struggles to maintain its momentum, with bulls and bears largely reaching an impasse as it hovers at $11,500 Analysts are now noting that the benchmark cryptocurrency could be well-positioned to see significant near-term upside if bulls can defend a crucial technical level A failure for it to bounce here, however, could cause it […] дальше »
2020-8-29 19:16 | |
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Federal Reserve’s Major Policy Shift to ‘Push Up Inflation’ Could Send Bitcoin Price to $500K
The U. S. Federal Reserve has announced a significant policy change to push up inflation. Bitcoin is set to greatly benefit from this policy change. Not only the price of bitcoin could surge past $500K, but a number of companies have also begun moving their reserves into the cryptocurrency to hedge against higher inflation. дальше »
2020-8-29 22:30 | |
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For Bitcoin, Gold could emerge as an unlikely saviour
A few weeks back, Gold's 1-month correlation with Bitcoin reached an all-time high of 68.7%. That was a strong period for both these assets, especially since both were noting significant hikes in valThe post For Bitcoin, Gold could emerge as an unlikely saviour appeared first on AMBCrypto. дальше »
2020-8-29 20:30 | |
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Bitcoin Cash, Zcash, Dogecoin Price Analysis: 25 August
The amount of turbulence depicted by the altcoins is significant at the moment. Even though the trend is overall bullish, some of the assets are trying to re-test higher price points to consolidate abThe post Bitcoin Cash, Zcash, Dogecoin Price Analysis: 25 August appeared first on AMBCrypto. дальше »
2020-8-26 17:00 | |
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Bitcoin Difficulty Sets New Record as Miners Enter Bullish Phase
The massive financial overlay undertaken by major Bitcoin (BTC) miners is beginning to yield some significant results with mining difficulty reaching a new all-time high (ATH). The immediate post-halving period did see smaller operations exiting the market with participants moving towards more sophisticated hardware. дальше »
2020-8-25 01:07 | |
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Bitcoin’s Current Side Movement Signals An Imminent Breakout As Investors Are Extremely Bullish
Bitcoin has regained over $300 dollars since its massive correction from a high of $12400 to $11500 which saw the coin drop by a thousand dollars. While some analysts predicted a bearish movement that could see Bitcoin drop below $10,000, in the last 24 hours Bitcoin has reached $11,858 a small but significant 1.42% price […] дальше »
2020-8-22 23:39 | |
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Bitcoin Cash, Algorand, Zcash Price Analysis: 21 August
The last few months have seen the market's altcoins perform exponentially, with many of them noting significant rallies on the charts, in direct opposition to the correlation they once shared with BitThe post Bitcoin Cash, Algorand, Zcash Price Analysis: 21 August appeared first on AMBCrypto. дальше »
2020-8-22 23:30 | |
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These Two Lesser-Known Altcoins Have Potential to Soar
The DIA (DIA) price is trading inside a massive ascending triangle. If it’s able to break out from this pattern, it could take the price to 42,000 satoshis. Cryptocurrency trader @bitcoin_brown stated that two new projects, DIA and ERD are very bullish, having the potential for significant increases. дальше »
2020-8-21 18:49 | |
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Peer-to-peer Bitcoin Trading With no Fees Through Bitcoin Global
Buying and selling Bitcoin worldwide should not only be convenient, but also cheap. Bitcoin Global recently announced how all traders are done free of charge throughout August 2020. A significant step forward to broaden global adoption of the world’s leading cryptocurrency. дальше »
2020-8-21 09:49 | |
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Ethereum Dives into Key Liquidity Region as Technical Outlook Grows “Ugly”
Ethereum has not been able to avoid the impacts of Bitcoin’s recent break beneath $12,000 This key technical development sent shockwaves throughout the market, with ETH reeling down to lows of $400 before finding any significant support Analysts are now noting that the crypto may be well-positioned to see further near-term weakness That being said, it may first navigate higher to tap a key liquidity region before it continues its descent Overall, analysts are expecting […] дальше »
2020-8-20 23:00 | |
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Stock-To-Flow Creator Says The Bitcoin Bull Market Has Been Officially ‘Confirmed’ — Here’s Why
On Monday, Bitcoin posted a significant breakout. The top crypto climbed from $11,700 to a little over $12,400 in the space of just a few hours. This move hurled the bitcoin price above the crucial $12,000 level, which acted as strong resistance in the last 14 days. дальше »
2020-8-20 15:56 | |
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These Two Liquidity Regions Could Spark a Sharp Bitcoin Price Decline
Bitcoin is currently catching some upwards momentum that has sent it past its key resistance level at $12,000. Although the crypto has yet to post a significant break above this level, bulls do appear to be building strength following the strong weekly close that BTC posted yesterday evening. дальше »
2020-8-18 19:00 | |
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Bitcoin Breaking This Confluence Resistance Could Spark a Significant Surge
Bitcoin is trading in a bullish zone above the $11,650 level against the US Dollar. BTC is likely to accelerate higher once it clears the key $12,050 resistance zone. Bitcoin is gaining bullish momentum and it is approaching the $12,000 resistance zone. дальше »
2020-8-16 07:28 | |
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