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Here’s the Key Level Bitcoin Needs to Reclaim for Bulls to Take Control

Bitcoin’s appears to be caught within a firm bear trend, with the cryptocurrency being wholly unable to see any sustained rebounds Each rally over the past week has been firmly rejected, with BTC rallying to highs of $34,500 yesterday before facing a rejection that sent it down towards $30,000 today Where the entire market trends […] дальше »

2021-1-27 23:00


Why One Trader is Waiting for $20,000 Before Jumping Back into Bitcoin

Bitcoin’s price is rapidly navigating back up towards its all-time highs. This comes after the crypto faced some immense turbulence throughout the past week Each rejection at roughly $19,800 has had far-reaching implications for the cryptocurrency, but it has been able to set higher-lows This is a bullish sign that suggests the selling pressure at this price level is beginning to degrade Where it trends in the mid-term may depend largely on how strong the […] дальше »

2020-12-4 02:00


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It’s a “Do or Die” Moment for Bitcoin as Bulls Send it to Critical Resistance

Bitcoin is seeing some immense momentum at the moment, with bulls sparking a strong upswing that is showing no signs of slowing down This came about following the massive downwards movement seen late-last week after the cryptocurrency tested its $19,500 all-time highs The rejection here showed that bears would ardently try to defend this level, but it remains unclear as to where it might trend in the mid-term If it does break above these highs, […] дальше »

2020-12-1 21:00


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Analyst: Ethereum May Grind to $280 Before ETH 2.0 Hype Propels It Higher

Ethereum and other altcoins have been struggling to garner any strong momentum following the massive declines posted earlier this week This weakness came about as a result of Bitcoin’s rejection at $11,200, which is a level analysts have been watching Until BTC’s macro outlook begins growing more positive, Ethereum will likely continue struggling as well That being said, some positive technical developments in the coming months could help boost its outlook One analyst is noting […] дальше »

2020-9-24 23:00


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Ethereum Posts “Perfect Rejection” at Key Resistance as Traders Target $420

Ethereum has been closely tracking Bitcoin and the aggregated crypto market throughout the past few days This allowed it to garner some strong momentum earlier this week, but has led it to see some notable downside throughout the past 24-hours BTC and ETH both faced strong rejections above their key resistance regions, which has struck a slight blow to their technical outlooks Analysts are now noting that although this rejection seems grim, it may be […] дальше »

2020-9-13 22:00


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It’s a Critical Moment for Ethereum Following Latest Rejection at $400

Ethereum has been struggling to garner any strong momentum over the past week Overnight it saw a sharp influx of buying pressure that sent its price rocketing past $400 for a brief moment This movement was short-lived, however, as the cryptocurrency then posted a strong retrace that sent it reeling back down towards the $380 region Analysts are now noting that it’s a pivotal time for ETH, with a potential decline here having grave long-term […] дальше »

2020-8-13 23:00


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Bitcoin May Start a New Consolidation Trend After Facing Another $12k Rejection

Bitcoin is currently consolidating beneath $12,000 after facing a slight rejection at this level overnight The cryptocurrency has been struggling to break above this resistance for over a week One analyst is now noting that the resistance here may hold strong for the days to come, with BTC now kicking off a new consolidation phase Once the benchmark digital asset can break above this level, analysts are noting that a move to $13,000 will likely […] дальше »

2020-8-11 02:00


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Bitcoin Inches above $4,100 as “Crypto Winter” May Finally Be over: BTCManager’s Week in Review April 1, 2019

The price of bitcoin managed to maintain above the critical $4,000 mark and closed the week two percent higher at a touch over $4,100 per coin. The Bitcoin market remained firm despite the news that the SEC has decided to delay its approval or rejection decision of the Bitwise and VanEck/SolidX Bitcoin ETF applications. WhileRead More дальше »

2019-4-2 21:00


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Bitcoin Price Analysis: Could Three Times Be the Charm for This Resistance Level?

Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation. дальше »

2019-3-16 01:56


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Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests

Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant. On the lower time frames (TF), bitcoin is managing to find support:Figure 1: BTC-USD, 2-Hour Candles, Low TF SupportThe zone outlined by the green line in Figure 1 represents local support that has kept the market afloat for the last week and a half. дальше »

2019-3-13 22:26


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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above. дальше »

2019-2-26 02:42