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Market Pundit On Why Bitcoin Price Is Poised For Second Highest Monthly Close Ever

Bitcoin is currently trading at $13,126 after a massive 7.5% breakout above $12,000 on October 21. The digital asset has established a robust daily uptrend and a new 2020-high at $13,220. Several analysts have stated that the rank 1 cryptocurrency can most likely reach its all-time high again in the near future. Peter Brandt, a […] дальше »

2020-10-25 22:27


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Analyst: Bitcoin Would Rocket to $20k if It Were to Breakout Today

Bitcoin’s price has been struggling to gain any serious momentum over the past few days This has come about due to the stock market’s sideways trading, which is still holding heavy influence over that of BTC The cryptocurrency is facing some heightened selling pressure due to bearish developments within the market, but bulls have been absorbing the heavy influx of sell orders Where the entire market trends next may depend largely on Bitcoin One analyst […] дальше »

2020-10-18 01:00


Analyzing Bitcoin’s Symmetrical Triangle Trading Range

Bitcoin (BTC) looks to be approaching the end of its consolidation inside a symmetrical triangle pattern. A breakout or rejection from this level will be crucial in determining the future trend. Bitcoin Inside Symmetrical Triangle The Bitcoin price has been trading inside a symmetrical triangle since reaching a local low of $9,825 on Sept 8. дальше »

2020-10-7 13:37


Bitcoin Poised to Breakout with Strong Resistance Ahead, Presenting A ‘Turbo Moon’ Opportunity

This week, bitcoin jumped higher. Yesterday, the digital asset even briefly hit $11,000. However, BTC slowly made its way below $11k today but is still trading above $10,800. Going forward, $11,600 is “strong resistance” for bitcoin, and if the digital asset closes above this level, while ETH/BTC is below 0. дальше »

2020-9-17 15:00


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Ethereum Slides to Crucial Support Level as Analysts Eye an Emerging Bull Flag

Ethereum posted a massive breakout yesterday that allowed it to put a firm end to the bout of sideways trading that it was previously experiencing The cryptocurrency is now attempting to stabilize within the mid-$400 region It is important to note that $450 does appear to be a resistance level, as this is around where its momentum faltered during its recent push higher One analyst is now noting that $430 is a crucial support level […] дальше »

2020-8-16 22:00


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Bitcoin Could See a Major Breakout in The Coming Days; Here’s Why

Bitcoin has been stuck in a tight trading range throughout the past several days This has offered little insight into the cryptocurrency’s short-term trend, as both its buyers and sellers remain at an impasse As for where it may trend next, analysts now seem to believe that it is coiling up for a major breakout This could lead it well past $12,000 in the coming few weeks There are a few factors that suggest this […] дальше »

2020-8-15 02:00


Here’s Why Analysts are Flipping Short on Ethereum After Its Explosive Surge

After a prolonged period of range-bound trading, Ethereum posted a breakout rally yesterday that allowed it to surge up to fresh multi-month highs This rally put a firm end to the crypto’s macro trading range between $230 and $250 It remains unclear as to what caused this movement, but it allowed Bitcoin and other major altcoins to push higher as well Analysts are now growing cautious of what could come next for ETH Despite its […] дальше »

2020-7-24 23:00


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Analyst: Bitcoin Likely to See a “Monster Breakout” in the Next 3 Days

Bitcoin’s historically low volatility coupled with limited liquidity and trading volume are creating the perfect storm for it to post a massive movement Multiple technical indicators are confirming that this sideways trading is likely to end in the near-term, including the crypto’s Bollinger Bands, which are currently the tightest they have been since November of 2018 One analyst is now noting that he anticipates Bitcoin to see a “monster breakout” in the next three days […] дальше »

2020-7-21 02:00