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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 »
2020-6-3 21:00 | |
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Bitcoin’s Break Below a Key Level has Opened the Gates for a Move to $5,900
Following an extended bout of sideways trading within the $9,000 region, Bitcoin has now firmly broke below this range as it trades around $8,800 Although the crypto has ardently defended its near-term support, its technical outlook does appear to be rapidly degrading Some analysts are even noting that its latest breakdown has opened the gates for it to see a movement that leads it as low as $5,900 in the weeks and months ahead Bitcoin […] дальше »
2020-5-26 02:00 | |
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Maximize Profits on BTC Trading with Bexplus
After the bitcoin block reward halving on May 11, Glassnode.com statistics show the BTC hashrate is 90 EH/s or so on May 22. The overall SHA256 hashrate lost around 47 EH/s. Due to the electrical shortages, some mining machines have been forced to shut down to avoid more losses. From the image below, we can […] дальше »
2020-5-24 18:11 | |
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$25 Million in BitMEX Longs Wiped Out as Bitcoin Crashes Below $9,000
Just days ago, traders were expecting for Bitcoin to break past $10,000. Now, the cryptocurrency is trading at $9,000 flat, plunging as bulls fail to maintain the momentum after nearly eight weeks of gains. дальше »
2020-5-21 18:20 | |
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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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Bitcoin’s Uptrend Could End if It Stays Below $10,000; Here’s Why
Bitcoin’s overnight swing to highs of over $9,900 has led the cryptocurrency to enter a firm bout of sideways trading that has persisted throughout the past day. The cryptocurrency’s market structure has been bolstered by its ability to find some stability in the mid-$9,000 region despite the multiple rejections it has faced at $10,000. Analysts... дальше »
2020-5-19 04:00 | |
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Analysts: XRP to See Final Capitulation After Crashing Below Key Support Level
Although Bitcoin is pushing multi-month highs, XRP isn’t. The cryptocurrency is trading at $0. 205 — over 10% shy of its $0. 245 monthly high — while Bitcoin is trading a mere 3% below its $10,100 monthly high, data from TradingView. дальше »
2020-5-19 13:00 | |
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Binance Coin (BNB) Price Analysis (May 16)
Key Highlights • BNB/USD market recorded some small drops below a long-range trading zone of $16 mark. • More price fall-offs either in small or notable sizes than been seeing ups as the case may be, still expected. дальше »
2020-5-16 10:07 | |
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These 3 Coins Have Broken Out Above Crucial Moving Averages
Over the past five days, Ziliqa (ZIL) has increased by 50%. This upward move began as soon as the price moved above its 200-day moving average (MA). The 200-day MA often acts as support/resistance, depending on if the price is trading above or below it. дальше »
2020-5-14 22:15 | |
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Ripple (XRP) Price Analysis (May 13)
Key Highlights • XRP/USD market operations trade in a tight range zone below $0. 20 mark. • Bears tend to be gaining grand around the $0. 20 range trading line at the expense of bulls’relaxation. • It is most likely that the current range price moves will linger on for a while. дальше »
2020-5-13 11:54 | |
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Bitcoin Is in “No Man’s Land” After the Halving: Here Are Key Levels to Watch
Since the block reward halving on Monday, the Bitcoin market has entered somewhat of a lull, with the asset trading in the high-$8,000s with little volatility ever since the event. This price action — or lack thereof — has brought the cryptocurrency into “no man’s land,” according to one popular crypto trader pointing to the chart below. дальше »
2020-5-13 04:00 | |
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Bitcoin SV (BSV) Price Analysis (May 10)
Key Highlights • BSV/USD market has a bit gone below a range trading line at $200 mark today• Bears may put more effort into lowering BSV/USD pair towards a major accumulation territory of $120• Traders should as well be wary of not getting whipsawed by a false downward price action. Bitcoin SV (BSV) Price Analysis […] дальше »
2020-5-10 12:29 | |
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Bitcoin Cash (BCH) Price Analysis (May 10)
Key Highlights • BCH/USD market has seen a decline below its lower range trading territory at $240 mark today. • BCH/USD bulls tend to succumb to the bears’ pressure since they have kept losing out momentum at a higher point of $280 mark. дальше »
2020-5-10 10:02 | |
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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 »
2020-5-8 08:58 | |
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Ripple (XRP) Price Analysis (May 7)
Key Highlights • XRP/USD market now sees lower lows a bit below its $0. 22 range trading line. • XRP/USD market may have to prolong range-trading around the point earlier mentioned. • A forceful downward move below the range $. дальше »
2020-5-7 11:24 | |
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Will Bitcoin Begin Yet Another Upward Move?
The Bitcoin price is currently trading at the resistance line of either a symmetrical or descending triangle. The next few hours will be crucial in determining the correct pattern. The Bitcoin price is trading just below a major resistance area found at $9,150. дальше »
2020-5-6 13:10 | |
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Bitcoin Price Below $9K, Morgan Creek Digital Co-Founder Targets $10K before BTC Halving
Coinspeaker Bitcoin Price Below $9K, Morgan Creek Digital Co-Founder Targets $10K before BTC HalvingBitcoin (BTC) is trading below $9,000 at around $8,800 as the halving is getting closer with a high level of price uncertainty. дальше »
2020-5-5 20:36 | |
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This Bitcoin Factor That Marked Start of 300% Rally In 2019 Is Back
Bitcoin is just half a day into this week, but the cryptocurrency is already off to a bad start. As of this article’s writing, BTC is trading at $8,600 — just shy of 10% below last week’s high around $9,500 and 4% lower than where the asset started the week. дальше »
2020-5-5 15:00 | |
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Bitcoin Rally Checked at $9K as COVID-19 News Impacts Stock Markets
Bitcoin’s match to higher prices has failed to break above key resistance once again as sellers push it below $9,000. The top cryptocurrency is trading lower this morning, just days away from the May 12 halving. дальше »
2020-5-6 11:57 | |
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Cryptocurrency News Roundup for May 3, 2020
After failing to sustain its bullish momentum above $9,200, Bitcoin has been on a steady decline. As of press time, it is trading just over $8,600 — a key support level. A dip below could cause it to slide further down towards $8,400. дальше »
2020-5-4 11:56 | |
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Bitcoin Just Surged Past $9k: Here’s Why Analysts Think More Upside Is Imminent
After trading below $9,000 ever since the blow-off top on Wednesday, Bitcoin has been subject to a strong recovery over the past couple of days, culminating in a breakout seen this past hour. The cryptocurrency, as of the time of this article’s writing, is trading for $9,150 — more than 9% higher than the post-rally... дальше »
2020-5-3 07:00 | |
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$12 Million on BitMEX Liquidated as Bitcoin Prints Nasty “Darth Maul” Candle
After trading below $7. 800 for days on end, Bitcoin attempted a run at the level just minutes ago. At first, it seemed like the cryptocurrency had a chance, rallying from $7,770 to $7,870 — a gain of approximately 1. дальше »
2020-4-29 05:37 | |
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Ethereum Trading Near Make-or-Break Levels: Key Supports To Watch
Ethereum is still struggling to clear the main $200 resistance against the US Dollar. ETH could start a short term downside correction if it continues to struggle near $200. Ethereum is currently trading in a range below the $200 and $202 resistance levels. дальше »
2020-4-27 07:38 | |
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The Perfect Storm is Brewing for Bitcoin Because of These Two Trends
Bitcoin is entering uncharted waters as it trades against a backdrop of global economic turbulence, and so far it has held up surprisingly well – posting year-to-date gains while the equities market continues trading well below where it started the year. дальше »
2020-4-26 04:00 | |
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Cryptocurrency News Roundup for April 23, 2020
Following a 19-day streak of trading in the $6,900 to $7,250 range, Bitcoin closed just below $7,500. The last time the BTC was changing hands at that price was on March 13 — just before an unprecedented market bloodbath pushed it all the way down to $3,800 overnight. дальше »
2020-4-24 11:10 | |
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Crypto Market On Verge of Explosive Move: Here’s Which Way It Will Trend
Although the past few weeks have been marked by crypto assets jumping 5% then crashing 5% again and again, Bitcoin and the rest of the cryptocurrency market is actually consolidating. The chart below shared by a crypto trader proves this point: it shows that Bitcoin has been trading tightly between the key 50-day and 200-day simple moving averages for the past two weeks. дальше »
2020-4-24 15:00 | |
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Ripple (XRP) Poised To Extend Losses Below $0.18: Here’s Why
Ripple is currently correcting higher from the $0. 1780 support zone against the US Dollar. However, XRP price is likely to face another rejection near $0. 1880 or $0. 1900. Ripple price is trading in a negative zone below the $0. дальше »
2020-4-22 08:58 | |
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Bitcoin Enters Multi-Year Trading Range as Mixed Signals Flash
Bitcoin has stabilized above $6,800 after its recent dip below $7,000 It has now entered what appears to be a historic trading range that has been developed over many years Analysts are noting that the crypto is now sending mixed signals with regards to where it might trend next In the time following Bitcoin’s intense decline below $7,000 yesterday, the benchmark cryptocurrency has since been able to stabilize above its near-term support at $6,800. It […] дальше »
2020-4-22 21:00 | |
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Peter Brandt Casts Doubts On Bitcoin Living Up To Its ‘High Expectations’
Bitcoin has been trading sideways between $6,500 and $7,400 for over two weeks now. Yesterday, the digital asset suffered a 4% price loss with some continuation today after breaking below both daily Exponential Moving Averages. дальше »
2020-4-22 18:30 | |
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Bitcoin Shows Signs of Reversal; But $6,550 Shows Bullish Case Remains Intact
Bitcoin failed to surpass the $7,200 resistance and declined below $7,000 against the US Dollar. BTC price is showing a few bearish signs, but the bulls are likely to protect $6,555. Bitcoin is declining and trading below the $7,000 support zone against the US Dollar. дальше »
2020-4-21 06:28 | |
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Bitcoin Price Dives to $6,800, Leaving $40 Million in Longs Liquidated
After managing to retake $7,200 on the weekend, Bitcoin tumbled lower on Monday morning, falling in tandem with global markets as the coronavirus continues to ravage economies. As of the time of this article’s writing, BTC is trading at $6,840 — just under 7% below the weekend’s highs of $7,300 and nearly 9% below the... дальше »
2020-4-21 21:56 | |
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Bitcoin Cash (BCH) Price Analysis (April 19)
Key Highlights BCH/USD pair has taken to featuring different lower highs and lower lows around $240 market. BCH/USD bears may be finding it difficult to sustainably push lower below $160 mark in the near trading period. дальше »
2020-4-20 11:59 | |
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StormGain Chooses Go-To Stablecoin as Award in Crypto Tournament
The cryptocurrency markets have momentum on their side right now, with all of the top 10 coins trading in the green at last check. But it was only a week ago that the BTC price slipped below $7,000 and it looked like the bottom might fall out again. дальше »
2020-4-17 08:15 | |
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Bitcoin Vulnerable For Bigger Decline To $6K After This Technical Rejection
Bitcoin failed to surpass the $6,900 and $7,000 resistance levels against the US Dollar. BTC price is back in a bearish zone and it could continue lower towards $6,200 or $6,000. Bitcoin is down around 4% and it is now trading well below the $6,800 level against the US Dollar. There was a break below... дальше »
2020-4-16 06:28 | |
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Bitcoin Market in Backwardation Supports A ‘Cautious Tone’ for BTC Price Short Term
The price of Bitcoin on spot exchanges is currently trading around $6,750 after sliding below $7,000 over the weekend. Some extremely bearish predictions are even calling for fresh lows. However, the good thing is Bitcoin has found a “higher floor” and given that currently, the cash on exchanges is at all-time highs and sentiments are […] дальше »
2020-4-16 22:11 | |
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What Caused Bitcoin to Fall Back Below $7,000?
While the stock market is closed today on the occasion of Good Friday, crypto markets are open like they are always. And they are in the mix. After trading above $7,000 for the better part of the week, yesterday, we fell below this level and are still trading down around $6,850. As we reported, before […] дальше »
2020-4-13 05:10 | |
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Bitcoin Is Not Going Below $4,000 Again, Says Owner of Major Stock Market Institute
Bitcoin saw a mild crash yesterday below $7,000 but the bulls are holding on quite well and are trying to defend both daily EMAs. Today’s trading volume has been higher than the last 3 days but not significantly higher which means the bearish pressure is not too strong. Bitcoin is still in a daily uptrend […] дальше »
2020-4-11 15:57 | |
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Bitcoin Tumbles Under $7K, More Losses Ahead if Support Fails
Bitcoin has tumbled below $7,000 on Friday, which has surprised many investors. If the current support level at $6,900 doesn’t hold, the chances are that the bearish mood will extend. Bitcoin Slips on Good Friday Most of the traditional markets are closed today in observance of Good Friday, but crypto exchanges don’t experience a significant drop in trading volumes. дальше »
2020-4-11 13:33 | |
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Ethereum Takes a Bit Hit But Another Lift-Off To $180 Is Likely
Ethereum is currently correcting lower from the $176 monthly high against the US Dollar. ETH price remains well supported on the downside near the $162 and $158 levels. Ethereum is correcting lower and trading below the $170 level against the US Dollar, similar to bitcoin. дальше »
2020-4-8 06:08 | |
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Bitcoin thrives as Bakkt and CME record peak trading volumes
Bitcoin futures offered on the Chicago Mercantile Exchange (CME) and its competitor Bakkt rallied as BTC surpassed $7,000, a price not seen since March 11 just before it recorded its biggest drop of the year falling below $3,800. дальше »
2020-4-5 01:21 | |
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Cryptocurrency News Roundup for March 29, 2020
The bears pushed Bitcoin below $6,000 for the second time in a week, although it has recovered some of the losses as of publishing. This (temporary) setback is most likely a byproduct of investors’ fear that the traditional markets will continue to undergo correction as trading hours begin on Monday. дальше »
2020-3-30 08:21 | |
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XRP Fractal Indicates the Beginning of an Upward Move
On March 25, the XRP price briefly decreased below the support line of its long-term trading range. It followed this with a bullish engulfing candlestick the next day. A similar movement that transpired in September 2019 marked the beginning of an upward move with a magnitude of 60%. дальше »
2020-3-28 17:10 | |
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Do or Die For Bitcoin Bulls: Here’s What Could Trigger A Strong Rally
Bitcoin is slowly rising and trading above the $6,750 level against the US Dollar. BTC price must claim the $7,000 resistance to start a strong rally in the near term. Bitcoin is trading in a crucial range below the $7,000 resistance area against the US Dollar. дальше »
2020-3-27 08:28 | |
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Bitcoin Explodes to $6,800 as S&P 500 Rallies 10% On Back of ‘QE Infinity’ & Coronavirus Bill
Bitcoin has continued to strengthen over the past few hours, rallying as high as $6,850 on Tuesday morning and now trading at $6,790 as of the time of this article’s writing. According to data from TradingView, the cryptocurrency has gained 4% since the trading session started, marking yet another day of gains. BTC remains below... дальше »
2020-3-25 02:30 | |
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Billionaire Bull Mike Novogratz Perfectly Explains Why He Believes 2020 Will Be Bitcoin’s Year
After hovering just below $6500 yesterday (March 22), the bears won the day as BTC price crumbled below $6,000. Bitcoin is trading at $5825. 42 at press time and some traders expect further correction as the coronavirus pandemic continues to wreak havoc in Europe and the United States. дальше »
2020-3-24 14:16 | |
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Bitcoin Just Reversed and Its Vulnerable To A Drop Towards $5,200
Bitcoin is down more than 5% and it broke the $6,000 support against the US Dollar. BTC price is now showing bearish signs and it could continue to move down. Bitcoin started a fresh decline after it failed to clear the $6,500 resistance against the US Dollar. The price is now trading below the $6,200... дальше »
2020-3-23 08:38 | |
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Ethereum Turns ‘Sell’ After This Key Technical Breakdown
Ethereum failed to continue above the $138 and $140 resistance levels against the US Dollar. As a result, ETH price declined below $130 and it is now trading in a bearish zone. Ethereum is down more than 8% and it broke the $128 support against the US Dollar. There was a key breakdown noted after... дальше »
2020-3-23 06:08 | |
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Bitcoin Lacks Momentum And A Break Below $5K Could Be Trend Defining
Bitcoin is struggling to gain momentum above $5,500 resistance against the US Dollar. If BTC price breaks the $5,000 support, it could start a major decline in the near term. Bitcoin is currently trading in a range between $5,000 and $5,500 against the US Dollar. дальше »
2020-3-19 08:08 | |
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Ethereum Facing Significant Resistance Near 100 SMA, Can Bulls Make It?
Ethereum seems to be struggling near the key $120 resistance area against the US Dollar. ETH price must climb above the 100 hourly SMA to start a strong increase in the near term. Ethereum is trading in a negative zone below the $120 resistance area against the US Dollar. The bulls are active and they... дальше »
2020-3-19 06:08 | |
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Ethereum Price Analysis: ETH Remains At Risk of More Losses
Ethereum price failed to correct above the $134. 00 resistance area and declined vs the US Dollar. ETH to USD is showing a few bearish signs and it could continue to move down below $108. 00. Key Takeaways: ETH/USD Ethereum price is trading below the key $120. дальше »
2020-3-18 15:47 | |
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