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Is Bitcoin Really In a Bull Market? Here’s Why Analysts Think BTC Isn’t
Bitcoin has done extremely well over the past few weeks. Since the start of July, the leading cryptocurrency has gained approximately 30% against the dollar, outperforming a majority of other macro assets. дальше »
2020-8-16 03:00 | |
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Analyst: Bitcoin Could Surge to $17,000 Once This Crucial Level is Broken
Bitcoin has been caught within a bout of sideways trading for the past couple of weeks This has led it to form a relatively wide trading range between $11,200 and $12,200 The crypto’s buyers have been ardently guarding against a dip to below the lower boundary of this range, as a strong upswing follows each visit here Analysts are now noting that BTC may be positioning itself to see significantly further gains in the short-term […] дальше »
2020-8-16 19:00 | |
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Bitcoin Prone to Seeing Downside as It Trades Below Key Level
Bitcoin and the aggregated crypto market are struggling to extend the mid-term uptrend that has driven them higher over the past few weeks This has come about as BTC pushes up against insurmountable resistance at $12,000 – a level that it has been rejected at on multiple occasions Analysts are now noting that it may require a daily close above $11,900 for it to see further upside that sends it past this price level There […] дальше »
2020-8-14 02:00 | |
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Bitcoin, Ethereum lose August's first round to small-caps
Two of the market's top cryptocurrencies, Bitcoin [BTC] and Ethereum [ETH], have been witnessing a strong surge in their values over the past few weeks. This week, however, the BTC and ETH markets appThe post Bitcoin, Ethereum lose August's first round to small-caps appeared first on AMBCrypto. дальше »
2020-8-13 12:30 | |
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Bitcoin Could Be On The Cusp Of A Roaring Rally, According To Goldbug Dan Tapiero
Dan Tapiero, the co-founder of Gold Bullion International and founder of DTAP Capital has predicted that bitcoin will see up to 10X returns in the coming years. Tapiero’s optimism comes despite the BTC price recently rejecting the $12K level for the second time in a span of two weeks. Why A Significant Price Surge May […] дальше »
2020-8-13 20:57 | |
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Bitcoin Creates Double-Top After Failing Close Above $12,000
While the Bitcoin (BTC) price has increased considerably over the past few weeks, it has failed to reach a close above a crucial long-term resistance area at $12,100. Instead, the price has created a bearish pattern and began a short-term downward movement. дальше »
2020-8-12 12:36 | |
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Bitcoin Rallying for Four Straight Weeks, Analyst says Sovereign Wealth Funds will Deploy this Bull Cycle
Bitcoin continues to play with $12,000. The world’s leading digital asset had another day like the last weekend when BTC breached $12k only to dump back to $10,500. However, this time, we didn't even fall to $11,500 and are back to approaching $12,000. дальше »
2020-8-10 20:44 | |
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Here’s Why Bitcoin Could Crush Altcoins in Coming Weeks
Altcoins have been posting exorbitant gains throughout the past few weeks, severely outperforming Bitcoin and most major digital assets This has come as both Bitcoin and Ethereum find themselves caught in prolonged consolidation phases just beneath their key near-term resistance levels Where they trend next may have heavy influence over the uptrends currently seen by smaller altcoins While speaking about this, one analyst explained that he expects BTC to crush altcoins in the coming weeks […] дальше »
2020-8-10 19:00 | |
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As Bitcoin Consolidates Around $11,700, Number Of Wallets Holding Over 1,000 BTC Hits Record High
After a dull couple of months, bitcoin bulls gained steam over the past few weeks to briefly push the price past $12,000. Although the bitcoin price has retraced a little bit to $11. 7K, the asset’s on-chain fundamentals are reaching new all-time highs. дальше »
2020-8-9 18:09 | |
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XRP Breaking Past This Crucial Resistance Could Trigger 45% Rally: Trader
XRP has gained approximately 50% in the past two weeks, following Ethereum on its steep rally higher. Analysts think the altcoin is poised to move higher should it break a critical resistance. Related Reading: Crypto Tidbits: Ethereum Surges 20%, US Banks Can Hold BTC, ETH’s DeFi Space Still in Vogue XRP Breaking This Pivotal Rally Could […] дальше »
2020-8-8 02:59 | |
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Bitcoin is Facing “Serious” Bearish Divergences as Analysts Eye Downside
The strong momentum Bitcoin has incurred in recent weeks is now showing some signs of stalling as it struggles to break above $12,000 This signals that the resistance at this level may be insurmountable, and may also be a sign of weakness amongst bulls Analysts are now noting that it has led to a surge in bearish divergences that seem to suggest a retrace is imminent BTC now has multiple key support levels throughout the […] дальше »
2020-8-8 21:00 | |
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Wall Street Veteran Explains Why He’s “Irresponsibly” Long on Bitcoin
Bitcoin has gained steam over recent weeks, hitting $12,200 last weekend as buyers rushed in. Analysts say that the cryptocurrency market has room to move higher due to technicals. But from a fundamental standpoint, some argue that BTC is more bullish than ever before. дальше »
2020-8-7 15:00 | |
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Analyst: Bitcoin Just Posted the “Most Important Breakout” in BTC History
Bitcoin has been seeing some incredibly bullish price action throughout the past several days and weeks The cryptocurrency is now consolidating at just below $12,000 as its buyers attempt to catalyze another leg higher Despite facing resistance at this level, the crypto has yet to see any type of harsh breakdown here One recent technical development is creating a new source of bullishness amongst traders The cryptocurrency just broke out of a multi-year bull pennant, […] дальше »
2020-8-7 02:00 | |
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These Factors Suggest Bitcoin Could Hit $13,900 if Bulls Defend One Key Level
Bitcoin’s consolidation phase within the lower-$11,000 region has resulted in a powerful push up towards $12,000 Although the crypto has yet to re-test this level, it does seem as though a movement to this level could be imminent in the near-term Multiple analysts are now offering bullish outlooks on BTC in the near-term One such trader is noting that a move up towards $13,000 could be brewing in the days and weeks ahead There are […] дальше »
2020-8-6 02:00 | |
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Peter Schiff Still Thinks Bitcoin Is Going to Crash to $0 Despite 20% Surge
Bitcoin has seen an extremely strong performance over the past two weeks, even factoring in the Saturday flash crash that took BTC down $1,500. Despite this rally, Euro Pacific Capital chief executive Peter Schiff still thinks the cryptocurrency is still bearish. дальше »
2020-8-4 13:00 | |
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Data shows public interest in Bitcoin is low: Here’s what may be driving BTC higher
The crypto community has been buzzing throughout the past couple of weeks as Bitcoin and the aggregated market show signs of life. The post Data shows public interest in Bitcoin is low: Here’s what may be driving BTC higher appeared first on CryptoSlate. дальше »
2020-8-4 22:25 | |
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Jihan Wu’s Matrixport Announces Plans To Launch Its Crypto Derivatives Exchange
Matrixport, a crypto-financial services firm, is launching its crypto derivatives platform offering perpetual swaps and options. The new platform, named Bit. com, aims to start the trading of perpetual Bitcoin swaps from August 3 with BTC options expected to be added two weeks later. дальше »
2020-7-28 15:28 | |
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Eerily Accurate Bitcoin Fractal Predicts BTC Could Hit $20k This Year
What a day it’s been for the Bitcoin market. After holding under $9,000 for multiple days and weeks, the asset saw an extremely explosive breakout that saw it reach a local high of $10,450 literally just minutes ago. дальше »
2020-7-28 02:59 | |
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Prominent Trader Suggests Bitcoin Could Soon Hit $15,000 by “Following Gold”
In the past few minutes, Bitcoin has crossed above $10,000 once again after consolidating at $9,900 for multiple hours. While it isn’t yet clear if BTC has flipped $10,000 into support, a prominent stock/futures trader is expecting a bigger breakout in the weeks and months ahead. дальше »
2020-7-27 04:38 | |
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Here’s Why Bitcoin is Poised to Hit $11,500 Following Overnight Rally
Bitcoin and the entire cryptocurrency market witnessed an intense upswing overnight, with BTC and Ethereum outshining altcoins for the first time in many weeks This sharp upwards movement came about suddenly, and for a brief moment allowed Bitcoin to shatter the resistance it previously faced at $10,000 The selling pressure above this level was heavy, however, and caused the cryptocurrency’s price to decline after it hit highs of $10,200 Despite the rejection here, analysts are […] дальше »
2020-7-27 19:00 | |
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Bitcoin Is Readying for “Big Move,” Says Fund Manager Who Predicts $50k BTC
Bitcoin has seen immense strength over the past few days relative to its price action over the past few weeks. As of this article’s writing, the asset trades for $9,700 — up more than 5% since the start of the week. дальше »
2020-7-26 07:00 | |
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Why a Trader Is “Cautious” in Longing Altcoins as Bitcoin Pushes $9,600
Altcoins have seen explosive growth over the past few weeks, but Bitcoin has recently regained the spotlight. With BTC and Ethereum (ETH) seemingly poised to begin to trend, investors are hesitant to go long on altcoins. дальше »
2020-7-24 04:00 | |
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Bitcoin Holding Above $9,300 Has Opened the Gates for a Rally to $10,000
For the first time in weeks, Bitcoin has been able to hold on to the gains that it captured as a result of yesterday’s upswing Previously, the cryptocurrency’s moves towards $9,400 have been followed by sharp retraces It appears that BTC is growing more bullish by the day, as it is now establishing $9,300 as a fresh base of support This has led one analyst to note that a move up towards $10,000 could be […] дальше »
2020-7-23 02:00 | |
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Bitcoin Open Interest Sets Fresh Highs as Analysts Watch for Fireworks
Bitcoin is currently pushing higher as it begins recapturing its share over the aggregated crypto market Its current strength may not be enough to surmount the heavy selling that exists at its high time frame resistance at $9,500 This is the first notable movement BTC has posted in weeks, although its previous surges to this region have proven to be fleeting Where the crypto trends in the months ahead may depend largely on whether buyers […] дальше »
2020-7-22 02:00 | |
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Analyst: Altcoins Will “Rage Dump” Against Bitcoin as Momentum Pauses
Altcoins have strongly outperformed Bitcoin over recent weeks, with some gaining dozens of percent as BTC has flatlined in the low-$9,000s. Analysts expect altcoins to soon underperform BTC as bullish momentum in the altcoin market peters out. дальше »
2020-7-21 04:00 | |
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Ethereum Bears Have the Upper Hand as ETH Trades Within Crucial Range
Ethereum has been forming an incredibly close correlation to Bitcoin throughout the past couple of weeks It is attempting to break this correlation now, but bulls are flashing some signs of weakness, especially while looking towards its BTC trading pair Analysts are now noting that ETH is trading within a crucial range that could determine its future The upper boundary of this range sits just a hair above where it is currently trading at, but […] дальше »
2020-7-21 23:00 | |
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Bitcoin Dominance Just Printed a Massive Buy Sign After Altcoin Rally
There’s been what some analysts call an “altseason” over recent weeks as Bitcoin has stalled. Due to the outperformance of altcoins against BTC, the Bitcoin dominance metric has dropped by a handful of percentage points over recent weeks. дальше »
2020-7-20 15:00 | |
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Bitcoin Dominance Is Breaking Down, But Don’t Expect an “Altseason”
Bitcoin’s price action over the past few weeks has not been impressive by the standards of altcoins. While BTC has stagnated in the low-$9,000s, certain cryptocurrencies have literally gone parabolic. дальше »
2020-7-20 04:00 | |
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Ethereum‘s Record High Correlation With Bitcoin Could Lead to Major Losses
Ethereum has formed a record-high correlation with Bitcoin over the past couple of weeks This comes as ETH’s movements start aligning with those seen by BTC in a way that hasn’t been seen before If this correlation persists, the cryptocurrency’s next trend could largely depend on that of BTC That being said, this could suggest that Ethereum is poised to see some notable near-term losses, as analysts widely believe Bitcoin is positioned to see some major downside […] дальше »
2020-7-19 22:00 | |
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This Technical Pattern Could Send Ethereum to New Yearly Highs
Ethereum has been closely tracking Bitcoin’s price action throughout the past several days and weeks. This has made it exposed to some near-term downside, as BTC is currently sitting just a hair above the lower boundary of its long-held trading range between $9,000 and $10,000. дальше »
2020-7-18 00:00 | |
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Bitcoin Price Analysis - Technicals show potential for 21% decline in coming weeks
Technicals for BTC/USD reveal a bullish trend shift with the current spot price above both the 200-day EMA and the Cloud. US$8,100 is a key support level, along with the Cloud and Kijun at US$7,200. дальше »
2020-7-17 13:00 | |
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Spikes in Bitcoin Exchange Inflows Signal a Large Selloff is Looming
Bitcoin has continued trading sideways within the lower $9,000 region overnight, with its ongoing consolidation phase now extending over ten weeks Although the crypto has yet to express any clear momentum, likely, this lackluster trading bout will ultimately result in it making a massive movement Analysts are now noting that exchange inflows over the past few weeks have been surging, suggesting that traders may be preparing to offload their BTC This could help provide the […] дальше »
2020-7-16 21:00 | |
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Fund Manager: Selling Bitcoin to Buy Hot Altcoins Is “Super Risky”
There’s been a strong move by many Bitcoin investors over recent weeks to accumulate altcoins. The premise of many of these investments is that one can potentially garner more BTC by trading popular altcoins, be that Cardano, Dogecoin, or otherwise. дальше »
2020-7-11 13:00 | |
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Why One Outspoken Bitcoin Bull Recommends Holding More Gold Than BTC
Bitcoin and gold have formed a striking correlation throughout 2020, although this has shown some signs of degrading over the past few weeks as BTC continues extending its multi-month bout of sideways trading. дальше »
2020-7-11 05:00 | |
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Binance CEO: 95% of Crypto Projects Are Unlikely to “Pump” This Cycle
Crypto altcoins have ignored Bitcoin’s inability to rally over recent weeks. Take the chart below, which shows that BTC has strongly underperformed some of the leading cryptocurrencies since the start of June. дальше »
2020-7-9 13:00 | |
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Bitcoin Price Poised for ‘Imminent’ Breakout As Network Hashrate Hits Record Highs
The price of bitcoin could see an ‘imminent’ breakout, according to the latest Glassnode data. The data firm says bitcoin (BTC) has been flashing bullish for the past six weeks amid positive onchain activity. дальше »
2020-7-8 02:20 | |
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Bitcoin Remains in Firm Bull Territory as Buyers Defend Critical Support
Bitcoin has remained in firm bull territory over the past several weeks, despite it showing some signs of immense weakness Much of the benchmark cryptocurrency’s current strength comes from its ability to hold above its SMA50 One analyst believes that this is the level that will determine the crypto’s future in the days and weeks ahead He also notes that some hidden bullish divergences are working to counter the weakness stemming from BTC’s “somewhat defined” […] дальше »
2020-7-8 02:00 | |
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Bloomberg: Eerily Low Bitcoin Volatility Will “Resolve Via Higher Prices”
Bitcoin’s volatility has been eerily low over recent weeks. As Bitcoinist has covered extensively, indicators tracking the metric have plunged to multi-month lows as BTC has been caught between $8,500 and $10,000. дальше »
2020-7-5 07:00 | |
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The Number of Stocks Reaching All-Time Highs is Growing; Why Bitcoin Won’t Follow
Bitcoin and the stock market have formed a close correlation in recent weeks, but this is now showing some signs of breaking as BTC trades sideways while most equities begin picking up some momentum. дальше »
2020-7-5 04:00 | |
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Bitcoin’s Chart Is Looking More and More Like February’s $10,500 Top
There’s no doubt that Bitcoin’s price action has been weird over recent weeks. As the S&P 500 has entered a range, so too has the cryptocurrency. In the past week, BTC has literally traded in a 5% range. дальше »
2020-7-5 01:00 | |
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Last Time Bitcoin Volatility Was This Low, BTC Surged by 25% in 24 Hours
For the past few weeks, Bitcoin analysts have observed extremely low volatility in the nascent cryptocurrency market. Nothing shows this inaction quite as well as the chart below from Blockroots founder Josh Rager. дальше »
2020-7-4 07:00 | |
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This Unexpected Factor Suggests Bitcoin May Crash From $9,000s, Not Rally
Bitcoin is in no man’s land. Just look at the chart below from analyst Josh Rager, which shows that BTC hasn’t even moved out of the $8,500-10,000 range for eight weeks: “BTC’s range is clear. дальше »
2020-7-4 04:00 | |
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Analyst Who Predicted Bitcoin’s V-Shaped Reversal at $3,700 Is Bullish
It’s been a tough past few weeks for the Bitcoin market. Some are skeptical that the cryptocurrency is in a bull trend after BTC has sustained multiple rejections at $10,000. Yet a trader that nailed a bold prediction remains optimistic, sharing a number of signals indicating imminent upside. Bitcoin Could Soon See a Bounce, Says […] дальше »
2020-7-4 00:00 | |
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Bitcoin’s Latest Move Means Market Treating it as a “Risk-on Asset”
In the past two days, bitcoin finally saw some action. After being stuck in a rut for weeks, BTC/USD recorded slight greens to make it to $9,300 on Wednesday, and then yesterday, we moved less than 1% only to drop back below $9,000 to $8,970. дальше »
2020-7-3 15:29 | |
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