‘Large pump’ coming to Bitcoin, hints BTC price metric — But maybe not until December

‘Large pump’ coming to Bitcoin, hints BTC price metric — But maybe not until December
фото показано с : cointelegraph.com

2021-10-7 12:39

Stochastic RSI all but copies moves that sparked 2013’s all-time highs, but hodlers may be kept waiting until the very last minute this year.

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until may hodlers highs sparked 2013 all-time

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Elon Musk Tells Us Exactly Why He Chooses Dogecoin Over Ethereum, Cardano, IOTA, And Others

Elon Musk wreaked havoc in the crypto markets on May 13 after announcing that Tesla would be halting all BTC payments until the cryptocurrency’s mining becomes more environmentally sustainable. Musk posited that while Tesla awaits bitcoin’s transition to renewable energy, the electric car maker would be exploring other cryptocurrencies that use less than 1% of […]

2021-5-26 14:20


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Ethereum’s Fundamental Strength is Growing as Key Metric Points to Upside

Ethereum and the entire crypto market are currently consolidating following yesterday’s breakout rally This rally came about following Bitcoin move to its $19,400 resistance, which is a level that it has yet to surmount decisively Until BTC can break above this level, the rest of the crypto market will likely struggle to gain any immense momentum One analytics firm is now noting that Ethereum’s mid-term trend may be boosted by growing underlying strength They note […]

2020-12-15 23:00


Bitcoin Continues Struggling to Set Fresh All-Time Highs: What Analysts are Saying

Bitcoin has been struggling to break above the mid-to-upper $19,000 region throughout the past few days and weeks, with the selling pressure here being significant Until bulls can shatter the resistance region that begins at $19,400, it may continue seeing a prolonged consolidation phase The cryptocurrency’s latest weekly close, however, was incredibly bullish and happened to mark the highest one ever posted by the crypto on many exchanges This could boost its mid-term outlook, but […]

2020-12-8 02:00


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Ethereum Could Be in a Precarious Position as Buyers Fail to Break Key Level

Ethereum has been underperforming Bitcoin throughout the past couple of days, drifting lower while the benchmark crypto nears its 2020 highs Higher risk assets like ETH may be seeing tempered price action because investors fear the sustainability of BTC’s latest push higher If it can stabilize and see a continued bout of sideways trading, then assets like Ethereum may be able to push significantly higher One trader is noting that until $460 is flipped back […]

2020-11-16 23:00


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Ethereum Remains Weak So Long as Bulls Fail to Flip One Key Level

Ethereum’s price has been trapped below one crucial level throughout the past few days While it has been flashing signs of strength, buyers have not been able to shatter the selling pressure that exists at $450 This is a key level that ETH bulls have been struggling to break above throughout the past few days and weeks Until this level is firmly surmounted, the crypto may remain in a somewhat precarious position Buyers and sellers […]

2020-11-11 23:00


Analyst Claims Bitcoin Unlikely to Gain a Trend Until 2 Key Events Occur

It has been a rocky past week for Bitcoin, as the cryptocurrency has primarily been subjected to a bout of sideways trading Its inability to gain any trend is likely due to the stock market’s consolidation phase For better or worse, BTC has grown incredibly tied to the traditional market Its near-term trend may depend almost entirely on that seen by equities That said, one analyst is now pointing towards two key events currently taking […]

2020-10-20 21:00


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Bitcoin May Plunge in Q4 Due to a Tax-Induced Selling Frenzy

Bitcoin’s price action as of late has done little to offer investors with any tangible insights into where it may trend next Analysts have been largely noting that the cryptocurrency’s outlook is being dimmed by turbulence within the stock market, which may persist until after the elections Many traders do believe that the rest of Q4 will be a bullish month for BTC, as this may be when it can decouple from the stock market […]

2020-10-18 19:00


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Analytics Firm: One On-Chain Metric is Flashing Warning Signs for Ethereum

Ethereum’s price action has been slightly underperforming that of Bitcoin as of late The cryptocurrency has remained stuck beneath its crucial resistance level at $380, which points to some weakness amongst buyers Until this level is surmounted and ETH can regain its foothold within the $400 region, it may remain somewhat technically weak One fundamental metric seems to indicate that ETH is also plagued by some underlying weakness is its daily active address count This […]

2020-10-13 23:00


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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 […]

2020-9-24 23:00


Here’s the Key Support Bitcoin Must Defend to Avoid Serious Downside

Bitcoin has been struggling to garner any clear upwards momentum throughout the past several weeks This has degraded its technical strength, resulting in it seeing heightened selling pressure Analysts are growing somewhat cautious about the crypto’s near-term outlook Nonetheless, it is essential to note that it remains above multiple crucial levels As such, until these support levels throughout the lower-$11,000 region are broken, BTC may still be well-positioned to see further upside Bitcoin and the […]

2020-8-26 02:00


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Here’s How Low Ethereum May Need to Plunge Before it Can Rally Higher

Ethereum saw a massive price spike yesterday that allowed it to shatter its previous resistance at $400 From here, the cryptocurrency rallied nearly 10% higher until it hit the $430 region, which is where it found some short-term resistance Although being incredibly strong at the present moment, analysts are noting that it may first need to see a deep pullback before its price can push any higher This may lead it as low as $360 […]

2020-8-15 23:00


Why One Trader Thinks Bitcoin Will See a $1,000+ Plunge Despite Ongoing Upswing

Bitcoin is currently showing intense signs of technical strength as it races towards $12,000 once again despite the recent rejection at this level The cryptocurrency is now well-positioned to see further upside but remains within a short-term consolidation phase until it shatters this level This uptrend may be bolstered by its break above a previously formed trading range within the lower-$11,000 region One analyst still believes that Bitcoin is at risk of seeing a large […]

2020-8-6 21:00


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Bitcoin’s “Reserve Risk” Indicator Suggests the Next Parabolic Cycle is Coming

Bitcoin’s prolonged bout of sideways trading isn’t showing any signs of letting up Its stability is proving to be extremely bullish for the aggregated crypto market, as many tokens have found themselves caught within firm uptrends Some speculate that it won’t be until these tokens start seeing slowing momentum that Bitcoin can run One technical indicator is suggesting that this may be the case and that BTC is currently building a strong base to make […]

2020-7-21 21:00