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Analyst: If Bitcoin Holds $8,700, the Chances of “Bullish Continuation” Are High

The past few weeks have seen Bitcoin tread on thin ice multiple times: every time the cryptocurrency rallied to $10,000, it snapped lower, often violently. This week’s attempt at the crucial $10,000 resistance was no exception: after temporarily trading above the level for all of 20 minutes, the asset began a precipitous decline. дальше »

2020-6-13 04:00


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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


Bitcoin Rejected Harshly on Red Supply Zone for the 3rd Time, But Focus Still on the Upside

Bitcoin opened the month on a bullish note, surging past $10,000, and then the day after, the price of BTC crashed to $9,150 on some exchanges, $9,300 on others and $8,600 on BitMEX. Bitcoin’s $10k breakout was leverage driven, “OI increased even as liquidations exploded while predicted funding and futures' basis turned extreme” and “then […] дальше »

2020-6-3 15:20


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Peter Schiff Claims The Latest Bitcoin Rally Is Due To Major Manipulation By Whales

Bitcoin has registered a strong recovery the past few days from lows of around $8.6K. At the time of publication, BTC is sitting comfortably above $9,400. Perhaps the most interesting thing about this rally is that it came hot on the heels of public criticism from a mainstream investment bank.  However, gold bug Peter Schiff […] дальше »

2020-5-31 00:23


Bitcoin Risks a Free-Fall to $7,000 Despite Strong Fundamentals, Analysts Warn

Bitcoin has been consolidating within the lower-$9,000 region for the past day, struggling to garner any upwards momentum in the time following its latest rejection at $9,700. The price action seen today has come about due to this latest rejection shining a spotlight on the present weakness of buyers, as they have been unable to... дальше »

2020-5-30 02:00


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 »

2020-5-29 04:00


Active Ethereum Wallet Count Has Grown 350% Since 2018; What This Indicates

Ethereum’s price action has been incredibly week in the time following its parabolic movement to highs of $290 in February. It appears that there has been a divergence between the cryptocurrency’s technical outlook and fundamental strength, however, as a key data metric suggests that ETH has built immense underlying strength over the past couple of... дальше »

2020-5-26 00:00


It’s Decision Time for Bitcoin: These are the Price Levels Analysts are Targeting

Bitcoin has been firmly caught within a bout of consolidation over the past few days, largely hovering within the lower $9,000 region It appears that it is decision time for the cryptocurrency, as how its ongoing period of sideways trading resolves could set the tone for where it trends in the weeks ahead This next movement could be quite drastic, as some analysts are noting that it could result in a $1,000+ candle Bitcoin has […] дальше »

2020-5-24 19:00


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What to Watch for Following Bitcoin’s Latest Rejection at $10,000

Bitcoin has seen some notable volatility throughout the past several hours, with Bitcoin rallying up to highs of $10,000 before facing a sharp rejection In the time since, it has been able to find some notable support despite struggling to gain enough buying pressure to extend its upwards momentum Analysts are now noting that BTC appears to be forming a fresh trading range, and there is one key level to watch that could have a […] дальше »

2020-5-16 02:00


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Bitcoin Stands to Benefit Greatly From “Deflationary Supercycle”: Here’s How

One of Bitcoin’s main narratives is that it will greatly benefit from a period of inflation, whereas fiat money can buy less and less over time, proving the value of scarce assets. But over the past few weeks, as the macroeconomic outlook has changed, there’s been a serious discussion of an impending deflationary cycle. дальше »

2020-5-15 10:05


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Post Halving, Bitcoin Will Still Surge to $20,000: Wall Street Billionaire

Just three hours ago, Bitcoin’s latest block reward halving finally came to pass. Unlike optimists expected, the market didn’t pump in the wake of this event. Instead, BTC is actually down more than 15% in the past three days, having rallied as high as $10,100 on Thursday to only fall to $8,400 as of the time of this article’s writing. дальше »

2020-5-12 02:00