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Analyst Who Predicted Bitcoin’s 2018 Lows Says Another Drop Is Likely

Bitcoin has undergone a strong drop since the highs of $19,500 seen last week A historically accurate analyst says that further losses are likely for the cryptocurrency The analyst shared a chart showing that Bitcoin is likely in the midst of trading in a dead cat bounce prior to further losses He cited the Elliot Wave form of technical analysis, which predicts that markets move in predictable waves. дальше »

2020-11-29 02:59


Ethereum Funding Rates Flip Neutral as Rally Kicks Off; Next Stop $710?

Ethereum has been flashing some immense signs of strength throughout the past few days, with it starting to gain ground against Bitcoin Much of this strength came about following the cryptocurrency’s push past $500 earlier this week In the time since, it has been growing strong and is now positioned to make a move higher One analyst is noting that it is currently nearing the last key resistance level before it reaches significantly higher price […] дальше »

2020-11-22 01:00


Retail Investment Not Returned in Force Yet; This Doesn’t Feel Like 2017’s Bull Run

Today, BTC is tracing back the recent gains, going to the $17,400 level. A pullback has long been expected as Bitcoin has been surging since early October when the price was around $10,500. For the last six weeks, the digital asset has been printed green candles, and this week, we might finally end up seeing some […] The post Retail Investment Not Returned in Force Yet; This Doesn’t Feel Like 2017’s Bull Run first appeared on BitcoinExchangeGuide. дальше »

2020-11-19 20:13


A $13,500 Bitcoin Looks Inevitable as Price Fixes “Overbought” Worries

A combination of supportive fundamental and technical catalysts are pointing towards an extended Bitcoin bull run. The BTC/USD exchange rate kicked off the new week in positive territory on signs of institutional adoption, lower sell-off sentiment, and the global market uncertainty over the second coronavirus fiscal aid and the November 3 presidential election. The pair […] дальше »

2020-10-26 16:38


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Bitcoin’s Volume Profile: Move Past $12,000 Will Ignite Bull Run to $16,500

Bitcoin’s price action has grown stagnant over the past few days and weeks, with the cryptocurrency struggling to gain momentum as bulls and bears battle for control of its near-term trend. Last week, the benchmark digital asset incurred some serious momentum after news broke regarding Square’s acquisition of $50 million worth of BTC. This news […] дальше »

2020-10-14 00:00


A Bearish Reversal in Stock Market May Bleed Bitcoin: Analyst

Bitcoin remains at the risk of losing a part of its yearly gains on a negative stock market sentiment, according to Kevin Svenson. The chart analyst highlighted the S&P 500’s three-day rout this week, adding that if it becomes a “confirmed reversal,” then it would take Bitcoin–and the rest of the cryptocurrency market–lower in tandem. дальше »

2020-9-11 09:54