Bitcoin Sees Major Weakness as “Nasty” Technical Pattern Emerges

Bitcoin faced a harsh rejection at $9,800 yesterday that has since caused it to form a strong short-term downtrend. This has led it back to the lower-region of its long-held trading range BTC does appear to be technically weak at the moment, as buyers are struggling to guard against the heavy selling pressure that was incurred at this level One “nasty” technical pattern could now be flashing If history repeats itself, this pattern could result […] дальше »

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Bitcoin Needs Just 1% Institutional Allocation For A Blast Off To $50,000: Research

After zipping past $9,600 yesterday, the bitcoin bulls seem to have run out of steam as the crypto has dipped to $9,383. 44 at press time. This means that BTC remains stuck within its macro trading range below the psychologically important $10,000 level. дальше »

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Bitcoin Flipping One Crucial Level into Support Could Spark a Wild Bull Trend

Bitcoin has been able to maintain the gains it posted yesterday after it saw a sharp rally that led it up to highs of $9,800 from its recent lows of $9,200 This movement was unexpected, and certainly boosted the crypto’s bull case That being said, BTC still remains firmly within its long-held trading range Whether or not it is able to sustain this momentum may be dependent on if it is able to flip a […] дальше »

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Ripple (XRP) Lack of Bullish Momentum Could Derail Its Recovery To $0.20

Ripple is slowly correcting higher above the $0. 1850 level against the US Dollar. However, XRP price must break the $0. 1880 resistance and the 100 hourly SMA to start a strong upward move. Ripple is still trading in a bearish zone below $0. дальше »

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Why Analysts Expect Bitcoin to Plummet to $7,700 as Technical Strength Degrades

Bitcoin’s consolidation phase is showing few signs of letting up anytime soon. The benchmark crypto is still trading within the lower-$9,000 region, and the support just below its current price level appears to be significant. дальше »

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Ethereum’s Reaction to This Crucial Support Level Will Determine its Fate in 2020

Ethereum has seen some lackluster price action in recent times, largely facing sideways trading similar to that incurred by Bitcoin and the entire crypto market It has posted some signs of weakness throughout the past several hours due to it dipping below its well-established trading range This has led it down to what analysts are describing as a “crucial level,” and its reaction here could determine its fate in the months ahead One venture capitalist […] дальше »

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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 »

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Here’s the Critical Price Level That May Kick Off Ethereum’s Next Bear Trend

Ethereum investors have gained little insight into the cryptocurrency’s trend over the past few weeks Despite being stuck within a wide trading range, it is important to note that ETH has been hovering just above the lower boundary of this range over the past few days This has marked an underperformance of Bitcoin and many of its other peers, but an overnight dip below this level was quickly absorbed by buyers Analysts are still forecasting […] дальше »

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A Bitcoin Breakout could Carry BTC to a Crucial Resistance Level

The Bitcoin price has been gradually increasing since it reached a low of $8,910 on June 15. It is currently trading inside a symmetrical triangle, out of which a breakout is expected. After creating a bullish hammer with significant volume on June 15, the Bitcoin price has created another bullish candlestick, albeit much smaller and […] The post A Bitcoin Breakout could Carry BTC to a Crucial Resistance Level appeared first on BeInCrypto. дальше »

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As Bitcoin Reclaims $9,500, Top Trader Says It’s “Back On Schedule” To Targeting $12K

Bitcoin has recovered sharply after testing the $8,900 level on Monday. The cryptocurrency has obliterated the resistance at $9.5k after gaining over 7 percent. BTC is now trading at $9,559.51 and a popular trader believes the crypto is back to targeting $10,500 which will open the doors to $12,000. Bitcoin Is Moving In Tandem With […] дальше »

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Bitfinex Crypto Exchange Receives Huge Bitcoin (BTC) Buy Orders But Can Price Sustain $9,000?

Bitcoin’s price touched sub-$9,000 levels in the early trading hours on Monday June 15, 2020 setting a bearish tone in the market. Despite climbing back to a shaky support level of $9,136 USD as at time of writing, one crypto analyst believes the markets are soon turning bullish. дальше »

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Bitcoin struggles to hold ascending triangle pattern

Bitcoin is trading lower after dipping below a critical level, with extended losses potentially... The post Bitcoin struggles to hold ascending triangle pattern appeared first on Coin Journal. дальше »

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Ethereum Is Primed to Tumble Towards $200 Unless “Big Buyers” Step In

Trading alongside Bitcoin, Ethereum saw a strong rejection at a crucial resistance this week. For BTC, the rejection came at $10,000; for ETH, the rejection took place just above $250. The cryptocurrency has not plunged from this pivotal level, yet analysts expect Ethereum to retrace upwards of 20% as bulls remain tepid. дальше »

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Bitcoin: Hodlers optimistic amid sell-off concerns

Bitcoin was trading at $9,450, at the time of writing. The king coin's sudden movement contributed to it falling further below as it struggled near a level that had been unseen since the last week of The post Bitcoin: Hodlers optimistic amid sell-off concerns appeared first on AMBCrypto. дальше »

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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 »

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Bitcoin’s Consolidation is Likely to Lead it to $9,200 Next; Here’s Why

Bitcoin has continued consolidating following a bout of intense volatility yesterday that sent it into the $10,000 region This movement was short-lived, and the tap of this resistance level was once again followed by a firm rejection Analysts are now noting that the cryptocurrency is growing weaker as it continues trading beneath its resistance This could open the gates for BTC to post some notable losses in the days and weeks ahead, with one analyst […] дальше »

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Trading Legend Peter Brandt Believes XRP Could Soon Tank to This Level Against Bitcoin

Ripple Labs has blown the wad allocated to support the XRP price, according to prominent chartist Peter Brandt дальше »

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$11,200: Bitcoin Supporters Aim Big After Recent Spike And Volatility

Bitcoin is gaining bullish momentum and it broke the $9,800 resistance zone against the US Dollar. BTC price is likely to continue higher if it settles above the $10,000 resistance zone. Bitcoin is slowly moving higher and it is trading above the $9,800 and $9,720 support levels. дальше »

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Bitcoin Whales Are Accumulating Again; Bull Rally Incoming?

The beginning of the month was quite chaotic for Bitcoin and those trading it. On June 1, the flagship cryptocurrency was able to slice through the $10,000 resistance level for the first time since mid-February. дальше »

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Bitcoin Cash analysis: range-bound for below $260

Bitcoin Cash is trading sideways below $260, but a break above this level could...

The post Bitcoin Cash analysis: range-bound for below $260 appeared first on Coin Journal.

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This Historical Pattern Shows Bitcoin Could Be Weeks Away From $75,000

Bitcoin has been trading sideways for the past month and was rejected from the $10,000 resistance level again. There is obviously a lot of uncertainty in the market, however, it’s important to remember that Bitcoin is one of the few assets that managed to recover entirely from the massive crash on March 12 due to […] дальше »

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Bitcoin at Grave Risk of Cratering to $7,400 as it Taps Multi-Month Trendline

Bitcoin is flashing some signs of weakness as it navigates towards the lower boundary of a trading range that has been firmly established over the past couple of weeks The crypto’s current weakness comes after a failed attempt by buyers to propel it towards $10,000 This decline has also led BTC down to a multi-month ascending trendline that has been guiding its price higher If it breaks below this level, analysts warn that it could […] дальше »

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Determining the Direction Of Bitcoin’s Next Move

The Bitcoin price caught a bit of relief on June 4 to reach a daily high of $9,881. However, the price failed to flip the $9,840 level as support and has already begun to show weakness. At the time of writing, the BTC price was trading right at the 0. дальше »

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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 »

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Bitcoin Price Currently Overvalued, According to This Crucial Trend

Bitcoin traded sideways for the majority of May and has been unable to break the crucial $10,000 level a few times. However, overall, since the crash on March 12, the digital asset has been trading in a significant bull run going from a low of $3,700 to a peak of $10,050. Even after all the […] дальше »

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Binance Enables Futures Historical Data

Coinspeaker Binance Enables Futures Historical DataBinance Futures will now provide users with historical data to assist with backtesting and trading strategies. It will be year-to-date tick level trading data that will include official records of trade times, prices, and quantities.Binance Enables Futures Historical Data дальше »

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Bitcoin S2F Model Prints the First “Red” Dot Marking the Start of the Bull Market

In 2020 so far, Bitcoin is up 30% while trading at $9,500, starting June with 0.76% losses. In May, BTC went through ups and downs and made several attempts to take over the $10k level. But overall it remained in the range of $8,500 and $10,000 which continued to get tighter. After 10.58% of losses […] дальше »

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Litecoin eyes $53 target point

Litecoin's overall technicals have remained bearish despite multiple upward swings and have reverted to its previously breached points. It was trading close to the $50 psychological level following thThe post Litecoin eyes $53 target point appeared first on AMBCrypto. дальше »

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Matic’s Increase and the Bitcoin Dominance Rate

Matic Network (MATIC) has increased by 64% since May 11. The price is trading inside a steep ascending channel and has reached an important resistance level. Whether the Bitcoin dominance rate (BTCD) breaks down or bounces from the current support area will determine if the upward move for MATIC will continue. дальше »

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After Retracing, WRX Aims to Continue Its Upward Move

WRX has broken out from a long-term descending resistance line and validated it as support afterwards. As long as the price is trading above the 1,400 satoshi support level, its price movement is considered bullish. дальше »

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Outlining the Future Movement of LINK and XTZ

ChainLink has been decreasing since May 22 but has bounced at a minor support level. However, there is considerable resistance overhead. Tezos is also trading inside an important support level but has broken down from a short-term ascending support line. дальше »

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What’s Next for Bitcoin After Breaking Out?

The Bitcoin price has broken out from a descending wedge and is currently trading near a very important resistance level, found between $9,200-$9,350. Until the price is successful in moving above this area, the price movement cannot be considered bullish. дальше »

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Bitcoin Bounces at Important Support Level

The Bitcoin price has bounced at an important support level and created a descending wedge, from which the price is expected to break out. The Bitcoin price has been decreasing since May 14, trading inside a descending wedge. дальше »

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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 »

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Why this pundit expects November to be huge for Bitcoin, projects price at over $20k

The short-term for Bitcoin is looking quite bearish as bulls have lost the $9,000 level and the daily ascending channel. Bitcoin is currently trading at $8,764 as bulls keep losing strength. Not everything is lost for them but it’s clear the short-term is shifting in favor of the bears. The daily chart can still be […] дальше »

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Bitcoin at Risk of Seeing Major Downside as Buying Pressure Evaporates

Bitcoin has seen some intense selling pressure today following a bearish resolution to its long-held bout of sideways trading The cryptocurrency is now at risk of seeing further selling pressure as it struggles to defend a key support level Analysts are noting that it may decline as low as $8,500 in the hours and days ahead as it struggles to maintain its multi-week uptrend Bitcoin is now trading right above its key support level at […] дальше »

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Ethereum Seems Resilient Above $200: Here’s Strong Case For Rally To $250

Ethereum is trading nicely above the $192 and $200 support levels against the US Dollar. ETH price could start a strong rally if it clears the $210 and $215 resistance levels. ETH price is showing positive signs above $200 pivot level against the US Dollar. дальше »

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Number Of Ethereum Addresses Holding Over 100 ETH Hits New All-Time High

Ethereum, just like many other cryptos including Bitcoin, has been trading sideways for basically the past month. Currently trading at $207 after a decent bull break yesterday, Ethereum eyes up to $217 again, a key resistance level before $220. дальше »

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Analyzing Bitcoin’s Future Movement After Creating a Double-Top

On May 20, the Bitcoin price broke down from an ascending triangle it had been trading in over the past week. The ensuing upward movement failed at the first resistance level, suggesting that the price is not yet done correcting. дальше »

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Bitcoin Tests Triple-Top Looking for a Breakout

The Bitcoin price is in the process of breaking out from a descending wedge This movement could take the price all the way to the closest resistance area to create a triple-top. The Bitcoin price is currently trading inside a minor support level, found at $9,550. дальше »

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Bitcoin Close to $10,000 level as Gold hits a Seven-Year High

Bitcoin’s price has retracted after coming close to breaching $10,000, while a positive outlook from the Federal Reserve comes as Gold hits its highest price level in seven years Bitcoin came close to breaching $10,000 in early morning trading on Monday, as buyers pushed the coin to $9,966 on Bitstamp. дальше »

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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 »

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Bitcoin Looks Ready to Take Out $10,000 and Test Key $10,522 Level: Blockware Mining CEO

Despite the BTC hashrate drop, BTC is still trading close to the $10,000 resistance. The Blockware Mining CEO reckons BTC is ready to take it and start testing $10,522 дальше »

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Professional Money Managers Loading Up on Bitcoin Post Halving

After making yet another attempt towards $10,000, Bitcoin failed to take over this important level and is currently trading under $9,500. Interestingly, the world's leading cryptocurrency is challenging the downtrend experienced after the 2017 bull run. дальше »

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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 »

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Bitcoin Just Broke Its Short-Term Downtrend; Here’s How High It Could Rally

Bitcoin was finally able to recapture its position above $9,000 after an extended period of trading beneath this level The cryptocurrency now appears to be gearing up for a big push higher as it maintains a firmly bullish market structure This bullishness could be further bolstered by its recent ability to break above a descending trendline that had previously been guiding it lower After making multiple attempts to break back above $9,000, Bitcoin buyers were […] дальше »

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This Popular Elliot Wave Trader Predicts Bitcoin’s Imminent Drop To $1,760 Before Face-Melting Ascent

After zipping past the $10k level just days ago, the pioneer cryptocurrency suffered an unprecedented flash crash on Saturday. From trading at around $9,500, BTC shed over 10% of its value to hit $8,100 all within the span of 10 minutes. дальше »

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5 Bullish Bitcoin Charts, Three Patterns Not Seen Since the Parabolic Run of 2017

Earlier this week, bitcoin broke the important psychological level, $10,000 and hovered around this level for two days only to make a retreat today. Currently, we are trading around $9,500 while managing the daily trading volume of just $2 billion, yet again slowing down on the weekend. дальше »

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XRP Shatters Crucial Macro Support as Analysts Eye Serious Downside

XRP has continued to severely underperform Bitcoin, forcing it to also see some downside against its USD trading pair despite the bullish market conditions This weakness has caused the third-largest crypto to decline beneath a key last-ditch support level that was bolstering its price action Analysts are now noting that it could soon see a freefall that leads it significantly lower due to the weakness resulting from this dire technical breakdown Yesterday the aggregated crypto […] дальше »

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Here’s How Bitcoin Could Force Altcoins to Set “Major Lows”

Bitcoin has posted a notable upswing today that has allowed it to approach its next key resistance level at $9,500 The cryptocurrency’s intense uptrend is showing no signs of slowing down as it continues gaining dominance over the entire market Some analysts are now noting that altcoins could be positioned to see some serious losses in the weeks ahead as they all decline against their BTC trading pairs The aggregated cryptocurrency market has continued declining […] дальше »

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