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Bitcoin Reaches Critical Level as Bulls Attempt to Spark Fresh Uptrend
Bitcoin’s price has been stuck within a macro consolidation phase for the past several months This consolidation has led to the formation of a trading range between $10,000 and $12,400, with bulls and bears with being unable to break above or below either of these levels One analyst is now noting that data seems to suggest that BTC is currently trading at a pivotal level for its future Although $20,000 is often looked upon as […] дальше »
2020-10-19 01:00 | |
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Ethereum to See “Price Discovery” in 2021; Analyst Targets $750
Ethereum has seen some slight momentum over the past 24-hours that has pushed its price towards $380 This is a critical level that has historically sparked both uptrends and downtrends Whether or not this level is broken above in the near-term will provide serious insights into the crypto’s outlook One analyst is noting that its mid-term market structure is incredibly bullish, and that it is likely to lead it into “price discovery” in 2021 As […] дальше »
2020-10-18 22:00 | |
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This Indicator With an 80% Strike Rate Just Flashed a Bullish Sign for Bitcoin
Bitcoin and the aggregated crypto market have been struggling to gain any significant momentum BTC has pushed off of its recent lows, however, it remains in a somewhat precarious position as its price continues trading sideways Where it trends next will likely depend largely on the stock market, which has had intense influence over its price action Still, its independent strength remains, as most on-chain indicators are flashing bullish signs One analyst is now noting […] дальше »
2020-10-18 19:00 | |
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“Exchange FUD” Narrative That Haunted Bitcoin May Finally Be Dead: Analyst
Bitcoin’s price took a slight dip late last week when it was revealed that OKEx had frozen withdrawals. The exchange did so as one of its key holders went silent as he was cooperating with a public security bureau. дальше »
2020-10-18 07:30 | |
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“Game On,” Analyst Says as Bitcoin Prints Pivotal Crossover
Bitcoin is forming a pivotal buying signal after weeks of consolidation. The cryptocurrency pushed higher over the past 10 days, which allowed this indicator to trend higher to form the buying signal seen today. дальше »
2020-10-18 05:33 | |
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Analyst Who Predicted V-Shaped Reversal Thinks Bitcoin Will Hit $12k
Bitcoin has faced a slight reversal since the highs of $11,750 set a number of days ago. The coin currently trades for $11,350 as of this article’s writing, 3. 4% below the highs. Analysts remain optimistic despite the price reversal. дальше »
2020-10-18 02:34 | |
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Analyst: Bitcoin Would Rocket to $20k if It Were to Breakout Today
Bitcoin’s price has been struggling to gain any serious momentum over the past few days This has come about due to the stock market’s sideways trading, which is still holding heavy influence over that of BTC The cryptocurrency is facing some heightened selling pressure due to bearish developments within the market, but bulls have been absorbing the heavy influx of sell orders Where the entire market trends next may depend largely on Bitcoin One analyst […] дальше »
2020-10-18 01:00 | |
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Bitcoin Likely to Break Below $11,000 Before Next Uptrend: Analyst
Bitcoin has been caught within a prolonged consolidation phase throughout the past few days and weeks, with buyers and sellers both being unable to take control of its near-term trend. This has done little to offer investors with insight into where it may trend next, and its close correlation to the U.S. stock market makes […] дальше »
2020-10-18 22:00 | |
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Do or Die: Ethereum Tests Critical Support Region as Bears Try to Regain Control
Ethereum has been struggling to garner any technical strength in the time following its dip below $380 This is a critical level that has determined its trends in the past, and the break below it is quite bearish Where the entire market trends next will likely depend on Bitcoin, but any near-term BTC downside could force ETH below a critical support level It is currently trading just a hair above this level, and one analyst […] дальше »
2020-10-18 22:00 | |
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Historically Accurate Analyst Thinks Ethereum Will Slide Lower
Ethereum has strongly outperformed Bitcoin over the past few months. The leading altcoin has pushed higher on the back of an influx of buying demand due to trends in the decentralized finance space, along with investors realizing that it was relatively undervalued to BTC. дальше »
2020-10-18 07:00 | |
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Analyst: 2021 a Perfect Time For Ethereum, Decentralized Exchanges to Boom
The third quarter of 2020 has seen the strong resurgence of decentralized finance (DeFi) on Ethereum. With it, the demand for decentralized exchanges (DEXes) surged, causing Uniswap to briefly overtake Coinbase Pro at one point. дальше »
2020-10-16 18:00 | |
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Analyst Who Called 2018’s Bottom Says Bitcoin Will Soon Move Towards $12k
Bitcoin has stalled over the past few hours. The cryptocurrency currently trades for $11,300, far above last week’s lows but below the highs of $11,750. Bitcoin is down 2% in the past 24 hours after news revealed that OKEx has frozen withdrawals for the time being. дальше »
2020-10-16 15:00 | |
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Eerie Nasdaq Fractal Predicts Bitcoin Is About to See Its Next Leg Higher
Bitcoin has stagnated after topping out in August at $12,500. The leading cryptocurrency currently trades in the middle of the medium-term range at $11,400. While some think that this price action is clearly the coin nearing a top, an analyst thinks that the cryptocurrency is primed to erupt higher. дальше »
2020-10-16 04:45 | |
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Here’s Why One Analyst Expects Bitcoin to Surge Towards $12,000
Bitcoin and the entire crypto market aren’t providing investors with much clarity into their near-term outlooks BTC is in the process of battling the headwinds created by the ongoing turbulence within the stock market This turbulence has come about as a result of a lack of progress surrounding the second stimulus package If the White House and Congress fail to come to terms with an agreement, then the stock market may continue seeing immense selling […] дальше »
2020-10-16 02:00 | |
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Analyst: Yearn.finance (YFI) is “Finished” as Technical Outlook Grows Grim
Yearn.finance’s governance token YFI saw a notable rebound from its recent lows overnight, which comes as sentiment surrounding the crypto remains incredibly low. A fragmented community coupled with a lack of momentum in the aggregated DeFi space has created serious headwinds for YFI, which is now trading down well over 50% from its recent highs. […] дальше »
2020-10-16 19:00 | |
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More Pain for Bitcoin Ahead as Price Breaks “Legacy Trendline,” Says Analyst
Bitcoin (BTC) is at risk of extending its ongoing downside correction as it breaks below a so-called “legacy trendline. ” As spotted by an independent, pseudonymous chart analyst, the said trendline was acting as a support to Bitcoin since March 2020. дальше »
2020-10-15 10:58 | |
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Here’s How High Bitcoin May Rally Before Losing Steam
Bitcoin’s price has been showing signs of strength as its consolidation phase continues Although its upwards momentum has faltered, its current stability within the mid-$11,000 region is promising, as it points to some underlying strength amongst bulls Where the cryptocurrency trends in the near-term will likely depend primarily on its reaction to a couple of key levels One analyst is noting that a strong upside movement could be imminent in the near-term That being said, […] дальше »
2020-10-15 02:00 | |
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Ethereum Remains Strong So Long as It Defends One Critical Level
Ethereum and the entire cryptocurrency market are currently caught within a consolidation phase This has come about due to Bitcoin’s tight bout of trading between $11,400 and $11,600 ETH is trading above a critical level that it was previously struggling to surmount This is a bullish sign that indicates it may be well-positioned for a strong move higher in the near-term That being said, one analyst believes that ETH’s price could drift significantly lower while […] дальше »
2020-10-15 23:00 | |
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Bitcoin Will Move Like a “Bulldozer” Once It Gains Momentum, Claims Analyst
Bitcoin’s price appears to have entered yet another consolidation phase as it trades between $11,400 and $11,600 Its present lack of momentum comes close on the heels of the strong move higher that it posted last week The resistance above its current price level is quite intense, and this may mark an attempt from bulls to garner greater buy-side support Where the market trends in the mid-term will likely depend largely on whether Bitcoin’s consolidation […] дальше »
2020-10-15 21:00 | |
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It’s “Hard to be Bearish” on Ethereum as Key Supports Hold: Analyst
Ethereum has dropped lower over the past 24 hours after peaking just shy of $400. The cryptocurrency currently trades at $382 and is down a mere 0. 5% in the past 24 hours. Despite the drop from the local highs, analysts remain bullish on the asset. дальше »
2020-10-14 13:00 | |
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Despite Crypto Rebound, This Analyst Still Expects $20 Ethereum: Here’s Why
Ethereum, aside from Chainlink, is the best performing cryptocurrency in the top ten by market cap. The top-ranked altcoin has had enjoyed a substantial rebound from bear market lows and surged all throughout 2020 on the heels of the DeFi trend. дальше »
2020-10-14 23:00 | |
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Taking Out $12K Leaves “Clear Skies” For Bitcoin To Set New 2020 High
Bitcoin price is currently down nearly $400 from yesterday’s highs in a flash, after coming close once again to the $12,000 resistance level. According to a crypto analyst referencing on-chain analytics, once $12,000 is broken through cleanly by bulls, there’s “clear skies” above that until $16,500 – which they claim is just a minor “speed bump. дальше »
2020-10-13 18:00 | |
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Bitcoin bull Willy Woo says many more hefty BTC purchases are on the way and here’s why
After the Jack Dorsey led financial services company, Square announced its purchase of 50 million dollars worth of Bitcoin, the cryptocurrency markets saw a surge of around 5 percent. Bitcoin analyst Willy Woo sees the move by Square as a precursor to a whole wave of high powered buyers that will be rushing into the […] дальше »
2020-10-13 15:22 | |
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As Long as Ethereum Holds $350 Range, It’s Set to Double: Analyst
Ethereum has undergone a strong drop since the August highs of $490. The coin currently trades for $380, far below the aforementioned highs. Despite the strong correction, analysts are optimistic that the long-term trend remains bullish. дальше »
2020-10-13 14:59 | |
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Historically Accurate Analyst Thinks Ethereum Poised to Surge Into 2021
Ethereum has undergone a strong rejection since reaching the summer highs of $490. The leading cryptocurrency fell from those highs to a recent September low of $315, liquidating many investors in the process. дальше »
2020-10-13 13:00 | |
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A 50% Increase in Tether Supply Points to Another Bitcoin Rally: Analyst
Bitcoin should brace for another upside move as a large Tether supply waits to enter its market, according to TradingShot. The independent market analysis firm said that the USDT supply increased by more than 50 percent since August 2020. дальше »
2020-10-13 11:01 | |
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Analyst: Bitcoin to Lead “Blue-Chip” Altcoins into Fabled Bull Run in Q4
Bitcoin’s price action as of late has been firmly guiding that seen by the aggregated altcoin market. Larger altcoins like Ethereum and Chainlink have been directly tracking BTC’s price action, while smaller altcoins lag behind it slightly. дальше »
2020-10-13 23:00 | |
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A “Cypher Pattern” Sets UNI For 100% Rally, Says Analyst
Associating with the term “DeFi” worked in favor of many blockchain assets this year. UNI was one of them. The governance token, which landed in the hands of people who contributed to the progress and running of UniSwap, a decentralized crypto exchange, was a hit right after its launch. It topped charts after rising more […] дальше »
2020-10-13 16:00 | |
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Analyst Sees Bitcoin at $12K after Price Rises Five Days in a Row
Bitcoin should surge to $12,000 by the end of this week, according to Josh Rager of Blockroots. com. The analyst raised his price target for the cryptocurrency after it logged a five-day winning streak ending Sunday. дальше »
2020-10-12 11:00 | |
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Ethereum is on the Cusp of Making a Full Recovery; Here’s What to Watch For
Ethereum’s price action has been closely tied to that of Bitcoin as of late But while Bitcoin has broken multiple key resistance levels, ETH remains below the crucial $380 level This level has yet to be broken, with each visit here sparking a slight selloff Where Ethereum the entire market trends next will likely depend on Bitcoin and whether or not it can extend its upwards momentum One analyst is noting that Ethereum could be […] дальше »
2020-10-12 22:00 | |
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Analyst: Breaking This One Level Could Send Bitcoin to $14,000+
Bitcoin’s price has been consolidating in the time following its strong surge up to highs of $11,400 The cryptocurrency has yet to revert any of these gains and appears to be gearing up for another big push higher Where the market trends next will likely depend on BTC, as it has been firmly guiding the altcoin crypto market One analyst is now noting that Bitcoin could soon see a move to over $14,000, but he […] дальше »
2020-10-11 19:00 | |
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Bitcoin’s Move Higher Is Still a “Fadable” Rally, Analyst Says
Bitcoin has surged decisively higher over the past 72 hours, moving from the $10,600 range to as high as $11,500 on Friday evening. As of this article’s writing, the leading cryptocurrency trades for $11,350, just around 9% above the weekly lows. дальше »
2020-10-11 00:40 | |
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Analyst: “Cycle Lows” For Chainlink May Be In, Expect $14 Next
Chainlink (LINK) has experienced a strong decline after peaking at around $20 in August. At the recent lows, the coin traded around as low as $8, meaning that it had declined by 60%. LINK may be poised to revert to its bullish stance though as the coin forms a bottom formation, analysts say. Related Reading: […] дальше »
2020-10-11 00:23 | |
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No Stimulus Check? Bitcoin Price Could Hit The Roof, Analyst Reckons
The excessive printing of fiat currencies in the United States to provide monthly stimulus aid for its citizens has since been in favor of Bitcoin, as traditional investors are transitioning from regular assets to leading cryptocurrencies like Bitcoin. дальше »
2020-10-9 16:33 | |
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Ethereum Just Closed Beneath These Critical Levels; Here’s What May Come Next
Ethereum’s price action throughout the past few days and weeks has been rather lackluster The cryptocurrency has been underperforming Bitcoin and even some of its altcoin counterparts This trend is shifting slightly today, as the entire crypto market is starting to move higher One analyst is noting that ETH is bearish from a purely technical standpoint, as it is currently trading below multiple key technical levels Yesterday, it closed beneath both its 50 and 100-day […] дальше »
2020-10-9 23:00 | |
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Analyst: Sidelined Capital Enough To Push Bitcoin To $1 Trillion Market Cap
Bitcoin price is currently trading at just above $10,900, but it may not be doing so for much longer. As the cryptocurrency continues to build a bullish fundamental base, one crypto analyst claims there’s enough capital sidelined in crypto to push Bitcoin to a market cap of over $1 trillion. If and when this happens, […] дальше »
2020-10-9 20:00 | |
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Popular Analyst Claims Bitcoin Must Break Above This Level Or Risk Going Downhill
After opening the month of October trading as high as $10,923, Bitcoin has dropped and has since been in consolidation between $10,500 and $10,600. Volatility has reduced significantly since then as the coin has been in consolidation and the price range has been tightening. дальше »
2020-10-8 12:42 | |
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Analyst Sees Gold at $4K in 2020; What Does It Mean for Bitcoin?
An optimistic forecast for gold is making Bitcoin equally bullish, thanks to its erratically positive correlation with the crypto. Gold Boom Ahead Frank Holmes, CEO of US Global Investors, told Kitco News that the gold market is forming a bottom. дальше »
2020-10-8 11:07 | |
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On-Chain Analyst: Bitcoin’s Price Not Accurately Reflecting Fundamental Strength
Bitcoin’s price action as of late has done little to offer investors with insight into its mid-term outlook. BTC has been trading squarely between the lower and upper boundaries of its long-held trading range between $10,200 and $11,200. дальше »
2020-10-8 05:00 | |
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Bitcoin’s Network Momentum Has Stalled—Why It’s Not the End of the World
Bitcoin’s network momentum, a metric that tracks on-chain volume, has stalled in recent months. Some see this trend as a concerning sign for BTC’s long-term trend. This may not be a concern as there are certain trends suppressing the metric, analyst Willy Woo says. дальше »
2020-10-8 04:00 | |
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Analyst Who Predicted Yearn.finance (YFI) Drop to $14k Thinks $12k Is Next
It’s been a tough past few weeks for the DeFi market, especially for coins like Yearn. finance’s YFI token and the Curve DAO Token. Since setting its all-time high price of $44,000, YFI has corrected by 70%, falling as low as $14,000 earlier today. дальше »
2020-10-8 03:16 | |
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Analyst Claims Chainlink Could Plummet Below $7.00 as Selling Pressure Ramps Up
Chainlink, despite being the darling of the crypto market since 2017 for altcoin traders, is now facing some immense turbulence – the likes of which haven’t been seen in years. The cryptocurrency gained notoriety for its ability to consistently set fresh highs while the rest of the market was reeling lower in the wake of […] дальше »
2020-10-8 02:00 | |
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Analyst: The Next Bitcoin Break Will Set The Stage For Weeks To Come
Bitcoin is exhibiting confusing price action currently, reeling from the slew of negative news but withstanding a fall back to retest lows. Eventually, the stalemate between bulls and bears will break, and an enormous decision-making move will result. дальше »
2020-10-8 23:00 | |
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Here’s the Reason Why Bitcoin’s Price is Stable Despite Macro Turbulence
Bitcoin’s price has been incredibly stable throughout the past couple of weeks Even bearish news developments that would have – in years past – catalyzed far-reaching selloffs have done little to shake its present strength Analysts are now widely noting that the traditional markets will be a guiding force for BTC going forward Which direction they begin trending mid-term will likely influence the benchmark crypto One on-chain analyst is now putting forth an interesting observation […] дальше »
2020-10-8 21:00 | |
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Analyst: Bitcoin Stability Could Help Launch Altcoins Higher in Q4
Bitcoin’s price action has been creating significant fear amongst investors, with analysts and traders widely expecting it to see downside once its ongoing consolidation phase ends. This fear is clearly seen while looking towards BTC’s funding rates, which are extremely negative at the moment as demand for short positions rockets higher. Much of this sentiment […] дальше »
2020-10-8 19:00 | |
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As Long as Bitcoin Holds $10,500, Price Could Hit $11,200: Analyst
Bitcoin has stagnated at the local highs around $10,700 over the past few hours and days. The leading cryptocurrency remains below the highs it set last week prior to the BitMEX news breaking. Analysts are still optimistic about the cryptocurrency despite the ongoing stagnation and relatively weak price action. дальше »
2020-10-7 13:00 | |
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