Bitcoin Could Retrace to $9,000 if it Breaks Below This One Key Level

Bitcoin is now hovering within the mid-$11,000 region following the intense bout of selling pressure it witnessed yesterday The decline beneath $11,200 was quickly absorbed by bulls, although BTC remains in a somewhat precarious position One analyst is pointing to massive support just below where the crypto is currently trading as a bullish factor That being said, other traders are cautioning that BTC is getting closer to a key level that could lead the crypto […] дальше »

437 +

Bitcoin Bulls Defend Critical Support; Here’s Where it May Go Next

Bitcoin saw a notable drawdown yesterday that came about after bulls once again failed to break the $12,000 resistance level This led BTC to lows of $11,200 that were ardently guarded by its buyers, and it has since bounced slightly The ongoing bounce likely marks bulls attempt to regain control over the digital asset Analysts are noting that it may be well-positioned to see further upside now that it has confirmed the lower-$11,000 region as […] дальше »

344 +

Here’s the Crucial Trading Range That Will Determine Bitcoin’s Macro Outlook

Bitcoin has been caught in a firm consolidation phase but is now showing some signs of weakness The cryptocurrency is currently pushing down towards its key support within the mid-$11,000 region as its bulls falter There is currently a massive trading range that analysts are closely watching Which of the range boundaries that the crypto breaks above – or below – first will likely offer significant insight into its near-term trend Some respected traders are […] дальше »

406 +

Here’s Why Analysts Are Expecting For Ethereum To Drop Back Towards $370

Ethereum, following Bitcoin’s lead, is effectively flatlining into the week’s close around $390. This is above critical support levels, though bulls are not yet convinced that ETH is primed to move higher. дальше »

300 +

Bitcoin is Facing “Serious” Bearish Divergences as Analysts Eye Downside

The strong momentum Bitcoin has incurred in recent weeks is now showing some signs of stalling as it struggles to break above $12,000 This signals that the resistance at this level may be insurmountable, and may also be a sign of weakness amongst bulls Analysts are now noting that it has led to a surge in bearish divergences that seem to suggest a retrace is imminent BTC now has multiple key support levels throughout the […] дальше »

458 +

Ripple (XRP) Price and Time: Bulls Likely Eyeing Fresh Monthly High

Ripple is rising and trading in a positive zone above the $0. 3000 support against the US Dollar. XRP price is likely to continue higher above $0. 3200 and 0. 3250 in the near term. Ripple price is showing a lot of bullish signs above the $0. дальше »

486 +

Bitcoin Holds Above Crucial “Ichimoku Cloud” as Analysts Remain Optimistic

Bitcoin has entered a consolidation phase within the lower-$11,000 region This comes shortly after bears stepped up and catalyzed a swift rejection at $12,000 this past weekend The cryptocurrency is now flashing some signs of weakness as it hovers above its key support at $11,000 Bulls have been able to hold it above multiple crucial levels throughout the past couple of days This is leading some traders to remain firmly bullish on the benchmark cryptocurrency’s […] дальше »

497 +

This Technical Pattern Suggests Bitcoin is Ready to Push Towards $14,000

Bitcoin has now entered a clear consolidation phase as its price hovers above $11,000 Bulls were able to maintain their strength overnight, pushing BTC towards $11,200 as bears lose their support BTC’s overt strength at the present moment suggests that it is well-positioned to see further near-term upside One analyst is also pointing to the emergence of a technical pattern as another reason why it may push higher He notes that this pattern could send […] дальше »

365 +

One Crucial Factor Suggests Bitcoin‘s Intense Uptrend is About to Slow Down

Bitcoin and the entire crypto market are currently consolidating following the immense volatility seen throughout the past couple of days BTC bulls are currently attempting to establish $11,000 as a support level, although they appear to be struggling as the crypto hovers beneath this level The benchmark cryptocurrency also is flashing a few warning signs, including incredibly high funding rates across major trading platforms This has led one analyst to note that BTC needs some […] дальше »

403 +

This Key Metric Suggests Bitcoin‘s Rally is Just Getting Started

Bitcoin’s intense rally throughout the past couple of days has allowed it to fly past multiple crucial resistance levels. Bulls are now attempting to form the $11,000 price level into a strong base of support, but the selling pressure here appears to be ramping up. дальше »

341 +

Why a Growing Risk Appetite Could Send Bitcoin to $14,000

Bitcoin’s price saw an explosive movement higher yesterday that allowed it to surmount its multi-week resistance at $9,500 This movement was technically significant because it allowed the crypto to smash a crucial resistance that it is now being flipped into a support level How BTC trends next will be important for determining its mid-term outlook, as a decline beneath this level would point to weakness amongst bulls Holding above this level, however, could point to […] дальше »

378 +

Chainlink’s Violent Rejection Leads it to Crucial Support; Will It Hold?

Bitcoin has been stealing altcoins’ thunder over the past several hours, with many smaller tokens plummeting as BTC surges past $9,400 Chainlink, despite its overt strength, is one example of a token that has posted major losses over the past day This latest decline marks an extension of the downtrend that it has been caught within throughout the past few days It has now reached a crucial support level that bulls are attempting to defend […] дальше »

484 +

Chainlink (LINK) Surges 12%: Price Action Indicate Fresh High Above $9

Chainlink (LINK) found support near $7. 000 after a sharp downside correction against the US Dollar. It is climbing again and it seems like the bulls are aiming a fresh high above $8. 500 and $9. 000. дальше »

444 +

This Indicator Shows Bitcoin Hit a Pivotal Level; Why Bulls Are in Control

Bitcoin has extended its newfound consolidation phase as it trades around $9,200 Both its bulls and bears have reached an impasse, with neither group being able to catalyze any clear momentum It now appears that BTC is positioned to see further sideways trading in the near-term, but one indicator is showing that the tides are shifting into bulls’ favor This comes as the crypto’s “Unspent Bitcoin Map” signals that there is massive support hovering just […] дальше »

546 +

Bitcoin Daily Chart Indicates Crucial Bullish Breakout Towards $10,000

Bitcoin is rising steadily and it recently broke the $9,400 resistance against the US Dollar. BTC’s daily chart suggests that the bulls are likely aiming a larger rally towards $10,000. Bitcoin formed a strong support base near $9,000 and recently started a fresh increase. дальше »

522 +

Bitcoin short-term price analysis: July 05

Bitcoin underwent a bearish pattern that pushed its price from $9,216 below $9,000 for a brief moment. As the coin moves sideways on support at $9,016, the tussle between the bears and bulls continuesThe post Bitcoin short-term price analysis: July 05 appeared first on AMBCrypto. дальше »

484 +

Bitcoin Price Briefly Dips Below $9K, But Traders Expect Solid Move If It Holds This Level

Bitcoin briefly dipped below $9,000 after bulls couldn’t hold the support level but were buying the dip indicating that bears do not currently have much vigor. This isn’t the first time Bitcoin has slid below $9,000 and revive in the same day. дальше »

332 +

Ethereum Bulls Defend Crucial Support, But Outlook Remains Gloomy

Despite navigating down towards its crucial support at $220, Ethereum’s buyers were able to defend against a break below this level The cryptocurrency now appears to be well-positioned to maintain above this level in the near-term, as buyers are currently ardently defending another crucial support level That being said, on its daily chart the cryptocurrency does appear to be flashing some signs of overt weakness One group of analysts recently noted that the recent break […] дальше »

371 +

These Macro Factors Show That Bitcoin Bears are Gaining Control of BTC

Bitcoin’s bulls and bears appear to be locked within an intense battle for control over the cryptocurrency Bears have been gaining the upper hand over the past few weeks, as the crypto has been consistently trending downwards despite being caught within a multi-week consolidation phase Presently, BTC is trading just above a crucial support level that appears to be growing weaker due to it being tested on multiple occasions over the past few days As […] дальше »

523 +

Bitcoin Is Waiting For A Trigger To Bring Back Volatility; Is This It?

Bitcoin has set an unprecedentedly low level of volatility. For weeks, Bitcoin continues to trade within a tight range. Though crucial support has held, bulls have failed to break above local resistance. дальше »

328 +

Data Suggests Bitcoin is About to Enter a Massive Resistance Region; Levels to Watch

Bitcoin bulls were able to post a strong defense of a crucial support level after facing some turbulence overnight. This bolstered the cryptocurrency and has resulted in it once again trading squarely within its previously formed consolidation channel around $9,400. дальше »

337 +

Bitcoin Buyers Defend Crucial Support Level, Boosting the Bull Case

Bitcoin and the aggregated cryptocurrency market have been caught in the throes of an unrelenting consolidation phase over the past few weeks This has muddied the clarity that many analysts previously had regarding the strength of the market’s multi-week uptrend It does appear that buyers got a much-needed boost overnight, however, as bulls were able to post a potent reaction to its key support Analysts are now eyeing a few key factors for insight into […] дальше »

431 +

Bitcoin Struggles at Support; TA for ETH, EOS, DASH (and More): Crypto News Roundup

Bitcoin is approaching the end of the week on a relatively weaker note. As BeInCrypto reported yesterday, there was a decent chance for the bulls to kick start a new rally by pushing the price above $9,460 without any further delay. дальше »

442 +

Bitcoin’s Current Pattern, Fishiness Indicator (and more): Crypto News Roundup

Bitcoin has maintained a sort of quasi-stability in the mid-$9,000s since Tuesday, leaving bulls patiently waiting for that march towards five-figures. There’s stiff resistance around $9,900 whereas the closest support lies in the $9,300 – $9,350 range. дальше »

370 +

Bitcoin Price Dives Under $9,000 as S&P 500 Starts Week Off Blood Red

Bitcoin failed to maintain its technical strength after bouncing off $9,000 last week, recently slipping under that crucial support after days of back-and-forth between bulls and bears. On leading derivatives exchanges, the cryptocurrency fell as low as $8,920. дальше »

299 +

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 »

413 +

A Critical Bitcoin Buy Wall Appears in the Low-$9,000s: Win for Bulls

It’s been a brutal past 24 hours for Bitcoin. After attempting to secure $10,000 as support on June 10th, the cryptocurrency failed to do so, diving instead of rallying as most investors were expecting. дальше »

401 +

Pundit Reveals Where Bitcoin Price Is Likely Headed If This Crucial Support Level Fails To Hold

Bitcoin is back into the hands of the bears after a rejection yesterday from $10,000. Initially, bulls managed to break $10,000 on a few exchanges but got rejected and BTC dropped to $9,700, not a terrible rejection. дальше »

538 +

Bears look for weakness from the bulls on EOS

EOS has broken below its major support level at $2.7537 after running into major...

The post Bears look for weakness from the bulls on EOS appeared first on Coin Journal.

523 +

Bulls Brace For Fireworks As Bitcoin Breaks $10K, What’s Fueling the Rally?

Bitcoin has broken above the $10K landmark position. This is the first time the crypto leader has done so since February. And most investors are optimistic that this time, it will be sustainable. So far, Bitcoin looks solid above this having climbed above $10,100 at the time of reporting. To ensure support above $10K, Bitcoin […] дальше »

532 +

Bitcoin Steady at $9.5k as Analyst Predicts Price Breakout Before June

After a significant 2-day 10% rally towards $9,630, Bitcoin has been under healthy consolidation for the past two days. The bulls are looking at the daily 12-EMA for support but Bitcoin is still almost $200 away from the level. дальше »

302 +

Bitcoin’s $9k Bounce Could Falter if Bulls Fail to Break This Price Level

Bitcoin bulls have once again defended the $8,800 support. After doing so last week, there was an expectation that another run at it would end with Bitcoin breaking beneath. The bull’s effort has not only been awarded with the support holding but also with a bounce-back above $9,000 and into the $9,150 levels. This is […] дальше »

564 +

Bitcoin Slumps Below $9,000 to 2-Week Lows But A Bounce Might Be Underway

Bitcoin bulls are clearly losing steam as bears have been able to break below $9,000 and the daily ascending channel. They also managed to break the 26-EMA support but the volume for the bears is concerning. дальше »

508 +

Cryptocurrency News Roundup for May 24, 2020

Bitcoin started the week on a much weaker note after the bulls failed to keep the BTC-USD pair afloat over the key support line at $9,100. As of writing, the benchmark cryptocurrency is down more than 5% since the intraday high of $9,300+ on Saturday and is trading at just over $8,850. дальше »

410 +

Bitcoin enters new week with $8.8K and $9.4K in play, which will it be?

Bitcoin has come out of the weekend looking strong. Last week was marked with violent volatility that ended with Bitcoin going into the weekend just above critical support. Last week’s volatility saw Bitcoin drop from the $9,800 resistance to support of $8,800 in a matter of hours. дальше »

500 +

Bitcoin rebounds after humongous sell scare that compromised $9K support, where next for BTC bulls?

The last few days have been critical for Bitcoin. With sentiments high, investors have been on the trembling edge. This has seen Bitcoin face trial in the form of a panic sell. From highs of $9,800 early in the week, Bitcoin went on freefall and as of yesterday had dipped under $9K. The bearish trend […] дальше »

521 +

The Dow’s Next Crash Is Lurking Around the Corner: UBS

Dow bulls are on the defensive as the blue-chip index careens toward a critical support level. If breached, a new selloff could resume. The post The Dow’s Next Crash Is Lurking Around the Corner: UBS appeared first on CCN.com дальше »

372 +

J.K. Rowling Is Interested In Bitcoin, How Will This Influence The Digital Asset?

Bitcoin is currently down to $9,200 as bulls are struggling to find any support levels. The digital asset took a massive turn today after breaking below $9,800. BTC seems to be in freefall now but remains bullish on the daily chart. дальше »

305 +

Bitcoin Crossing $9,500 Could Lead to a “Major Spike”: Analyst Explains Why

Since falling as low as $8,180 on Monday, the day of the halving, Bitcoin has mounted a strong comeback that culminated in a move to $8,900 on Wednesday morning. Although this near 10% bounce from the lows has been impressive, traders believe that BTC could undergo a “major spike” should the ever-important $9,500 level be taken as support by bulls. дальше »

486 +

Bitcoin at Risk of Extreme Capitulation, Hedge Fund Manager Warns

Bitcoin halving was completed successfully but its price is yet to show any ‘halving effect’ as Bitcoin continued trading sideways without much action. There is a clear area of support where bulls are continuously buying the dips. дальше »

602 +

Bitcoin Breaking 100 SMA and $9,100 Could Spark Fresh Bull Run

Bitcoin is currently consolidating above the $8,500 and $8,250 support levels against the US Dollar. BTC price seems to be setting up for a strong bull run above $9,000 and $9,100. Bitcoin is trading in a crucial range above the $8,500 and $8,200 support levels. дальше »

396 +

Litecoin (LTC) Price Analysis (May 13)

• Litecoin makes a comeback but faces rejection at $47 resistance.• The crypto slips beneath 50-EMA as bears took to gain market momentum within the range. LTC/USD Medium-term Trend: Ranging Key levels• Resistance levels : $70, $80, $90• Support levels: $20, $10, $9Litecoin remains in a range-bound market in its medium-term outlook. The bulls manage […] дальше »

357 +

Ethereum (ETH) Price Analysis (May 12)

• Ethereum price stays above the EMA-50 as bulls took to gain market momentum in the medium-term. • The market is going in favor of the bulls at the present in the short-term. ETH/USD Medium-term Trend: Bullish Key levels• Resistance levels : $260, $270, $280• Support levels: $85, $75, $65 ETHUSD is in an uptrend […] дальше »

362 +

Litecoin (LTC) Price Analysis (May 12)

• LTCUSD- a break-up or break-down is imminent. • Bulls are showing up again in a grand style in the short-term. LTC/USD Medium-term Trend: Ranging • Resistance Levels : $70, $80, $90• Support Levels: $20, $15, $5 Litecoin is ranging in its medium-term outlook. дальше »

315 +

Ethereum (ETH) Price Analysis (May 8)

• The Medium-term and the short-term are both in upward momentum, price now trades above the EMAs. • Overall the bull seems to be in control above $215. ETH/USD Medium-term Trend: Bullish Key levels• Resistance levels : $220, $240, $260• Support levels: $145, $135, $125 The cryptocurrency looks tasty for the bulls as it is […] дальше »

422 +

Ripple (XRP) Trading Near Make-or-Break Levels: Can Bulls Save the Day?

Ripple is trading in a broad range above the $0. 2100 support against the US Dollar. XRP declined below a key support versus bitcoin and it is now at a risk of a sharp decline vs USD. Ripple is facing hurdles near the $0. дальше »

460 +

Litecoin (LTC) Price Analysis (May 8)

• LTCUSD remains in a range-bound market in the medium-term outlook and looks bullish in its short-term outlook.• The bulls are dominant in the market at the present. LTC/USD Medium-term Trend: Ranging • Resistance Levels : $70, $80, $90• Support Levels: $20, $10, $5 LTCUSD on the daily chart remains in a range-bound market undeniably. […] дальше »

322 +

Ethereum Narrowly Avoids a Bloodbath as Bulls Struggle to Defend Critical Support

Ethereum saw a sharp overnight selloff that caused it to briefly dip into the sub-$200 level, putting it at grave risk of seeing a capitulatory decline Buyers were able to guard against this, however, and subsequently propelled the cryptocurrency back into the $200 region It now appears that ETH could still be at risk of seeing significant near-term downside, however, as a failure for it to surmount a resistance level it is currently stuck below […] дальше »

432 +

Ripple (XRP) Plunge To $0.20 On The Horizon As Bulls Show Weak Hands

Ripple failed to stay above the $0. 2200 support and declined recently against the US Dollar. XRP price is showing bearish signs and it could continue to dive towards $0. 2000. Ripple price topped near the $0. дальше »

306 +

Ethereum (ETH) Price Analysis (May 1)

• ETHUSD still trades in an uptrend. • Bulls are losing momentum gradually, might be time to buy LTCUSD short-term soon. ETH/USD Medium-term Trend: Bullish Key levels • Resistance levels : $260, $270, $280 • Support levels: $85, $75, $65 Ethereum looks bullish in its medium-term outlook. дальше »

424 +