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Bitcoin Shorts May Soon Get “Trapped” as Bulls Slow BTC’s Descent
Bitcoin’s price has found some stability following the recent market-wide selloff that helped send it down from highs of $11,200 to lows of $10,400 Bulls are ardently guarding against it seeing further near-term downside at the present moment There is a possibility that sellers will be able to continue pushing the market lower in the near-term, as turbulence within the stock market is providing an ideal background for bears to operate against One analyst is […] дальше »
2020-9-23 21:00 | |
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On-Chain Analyst: Bitcoin Likely to Decouple from Stock Market in Coming Months
Bitcoin has been forming a strong correlation to the stock market once again, with this typically occurring during times of global uncertainty. At the moment, traditional investors are consumed with fears regarding the lack of a second domestic stimulus package within the U. дальше »
2020-9-23 19:00 | |
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A $9,800 Bitcoin is Possible After Overnight Upside Rejection: Analyst
Bitcoin bulls should brace for the cryptocurrency to hit the $9,800 valuation, according to an analyst. The pseudonymous entity envisioned the downside scenario after BTC/USD failed to maintain support above $11,200 on Sunday. дальше »
2020-9-21 11:08 | |
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DeFi’s Critical Correction Could Drag Bitcoin Lower, Analyst Says
While Bitcoin has been relatively stagnant over recent days, top coins in the decentralized finance have been undergoing strong corrections. Analysts think that this could result in a strong correction in BTC itself. дальше »
2020-9-21 02:04 | |
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Bulls are in Control of Bitcoin as Long as It Defends One Crucial Level
Bitcoin has witnessed some intense selling pressure throughout the past day, but bulls have been able to absorb the vast majority of it This selling pressure ultimately sent the cryptocurrency down to daily lows of just below $10,800, at which point buyers stepped up and guarded against it seeing any further downside One analyst is now noting that where it trends in the near-term may depend almost entirely on whether or not bulls can maintain […] дальше »
2020-9-21 19:00 | |
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The ‘Hot Swap’ Plan to Switch Ethereum to Proof-of-Stake Explained
With Ethereum 2.0's much-anticipated move to Proof-of-Stake getting closer, CoinDesk Research Analyst Christine Kim spoke with Ethereum developer Danny Ryan and Liz Steininger, CEO of blockchain security company Least Authority on what users and investors should expect. дальше »
2020-9-20 22:00 | |
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Analyst: 1,500 Bitcoins Lost Every Day, Less Than 14 Million Coins Will Ever Circulate
A cryptocurrency analyst, Timothy Peterson claims that 1,500 bitcoins are lost each day meaning only 14 million BTC will ever circulate. The figure is at odds with the estimate of many organizations including Markets. дальше »
2020-9-20 16:45 | |
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Analyst: Bitcoin May First Tank to $9,700 Before Rallying to Fresh Highs
Bitcoin bulls and bears are currently deadlocked as the cryptocurrency trades around $11,000 This price region has proven to be heavy resistance for BTC in the past, and whether or not it can be surmounted in the coming day or so should provide insight into the strength of BTC’s bulls A rejection here could cause it to see some notable downside in the near-term, sending shockwaves throughout the entire cryptocurrency market One analyst is noting that […] дальше »
2020-9-20 02:00 | |
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Analyst Sees Ethereum in “Reversal Stages” as Price Dips 20%
Ethereum is on the track of registering more losses eves as it trades 196 percent higher on a year-to-date timeframe. A pseudonymous analyst highlighted a string of technical and fundamental catalysts that could push the second-largest crypto lower. дальше »
2020-9-19 14:19 | |
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Why this prominent crypto analyst thinks Ethereum DeFi has topped for now
Despite weakness in legacy markets, Ethereum has performed well over the 36 hours since the launch of Uniswap’s UNI token. The post Why this prominent crypto analyst thinks Ethereum DeFi has topped for now appeared first on CryptoSlate. дальше »
2020-9-19 11:57 | |
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Analyst Expects Bitcoin to Fall by $2K Despite Bullish Fundamentals
As Bitcoin attempts a breakout move above $11,000, an analyst sees the cryptocurrency moving in the opposite direction. TradingView contributor Vince Prince placed the latest BTC/USD moves inside a descending channel. дальше »
2020-9-17 11:17 | |
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Analyst: “Altseason” is Postponed as Ethereum Begins Flashing Warning Signs
Ethereum has been seeing some intense selling pressure over the past few days, which has likely come about due to the trend reversal seen amongst DeFi tokens. Because the DeFi market is essentially built on top of Ethereum, the ETH token has been heavily influenced by the expansion of this sector. That being said, as […] дальше »
2020-9-17 00:00 | |
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Ethereum is “Fighting for Its Life” as Bulls Struggle to Defend Critical Support Level
Ethereum is currently in the process of rebounding from its daily lows that were set just a handful of hours ago The cryptocurrency has been facing heightened selling pressure as of late, struggling to build momentum as it remains below $370 One analyst is now stating that the cryptocurrency is “fighting for its life” as it trades right around a crucial support level Bulls and bears have largely been at an impasse when it comes […] дальше »
2020-9-17 23:00 | |
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Bitcoin will continue appreciating, although at a slower pace than in the past, Bloomberg analyst explains
According to senior commodity strategist at Bloomberrg Mike McGlone, Bitcoin’s limited supply and increasing adoption will lead to steady, although gradual, appreciation. дальше »
2020-9-17 22:00 | |
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Bitcoin Just Printed This Historically Bullish Uptrend Signal
Bitcoin may be poised to recover further despite weakness in altcoins. An analyst noted that BTC just bounced off a pivotal moving average. This moving average Bitcoin held multiple times during the last bull cycle’s bull market corrections. дальше »
2020-9-17 15:00 | |
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Analyst Gives 3 Reasons Why XRP Price May Fall 35%
Ripple blockchain’s native token XRP is up more than 25 percent so far into 2020. Nevertheless, the fourth-largest cryptocurrency is still looking to pare those gains, according to a string of bearish indicators brought forward by a TradingView. дальше »
2020-9-17 14:00 | |
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Crypto Analyst Willy Woo Explains Why Bitcoin Is Unlikely To See Any Catastrophic Dump In Price
With the market in flux, Bitcoin analyst Willy Woo tweeted to reassure the crypto community that he believes BTC is in the clear from any huge drops in the near future. After hearing Willy Woo’s take, a twitter user posed a question that Woo appreciates. дальше »
2020-9-17 12:31 | |
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Despite Altcoin Drop, This Analyst Thinks Bitcoin Is On Track for $11k
Bitcoin has dropped around $200 from the daily highs as sellers have stepped back in. The drop comes in spite of news that MicroStrategy, a Nasdaq-listed company, bought over $100m worth of Bitcoin yet again. дальше »
2020-9-17 04:53 | |
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Analyst: Chainlink Looks “Weak and Heavy” as It Flashes Signs of Bearishness
Chainlink has witnessed some intense selling pressure throughout the past couple of days, with the cryptocurrency being unable to mirror the gains seen by Bitcoin today. These losses have struck a blow to its technical outlook, potentially opening the gates for it to see further downside in the coming weeks and months. While speaking about […] дальше »
2020-9-16 02:00 | |
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After predicting a $2,000 drop, a top on-chain analyst is now bullish on Bitcoin
Bitcoin’s recent correction that brought it from the $12,000 highs to $9,800 didn’t catch all analysts off guard. The post After predicting a $2,000 drop, a top on-chain analyst is now bullish on Bitcoin appeared first on CryptoSlate. дальше »
2020-9-16 02:00 | |
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Here’s How High Bitcoin Could Run Before Facing Immense Selling Pressure
Bitcoin has seen some incredibly strong price action throughout the past few days After establishing the region between $9,900 and $10,000 as a baseline support level, bulls have now stepped up and propelled it back up towards $11,000 This current strength has struck a blow to bears, although BTC hasn’t reached the clear just yet One analyst is noting that the region between $11,100 and $11,200 is where he is expecting Bitcoin to face some […] дальше »
2020-9-16 02:00 | |
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Ethereum is Nearing Crucial Resistance; Rejection Here Could Spark Move to $300
Ethereum’s price is currently struggling to surmount some heavy resistance, which has caused it to lag behind Bitcoin today This resistance, which exists at $380, has hampered its price action on multiple occasions throughout the past few weeks Despite this, because BTC is now nearing $11,000, a break above this crucial level will likely catalyze some intense buying pressure that also creates a tailwind for ETH One analyst noted that this region of resistance between […] дальше »
2020-9-16 23:00 | |
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These 3 Factors Suggest Bitcoin May Soon Push Towards $11,250
Bitcoin has seen some incredibly strong price action throughout the past few days Bulls have stepped up to the plate and propelled the crypto up towards its $11,000 resistance, marking a notable surge from recent lows of $9,900 These lows were visited throughout the past couple of weeks, with bears ardently attempting to invalidate Bitcoin’s macro strength Their failure to do so has now opened that gates for further upside, with one analyst pointing to […] дальше »
2020-9-15 21:00 | |
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Bitcoin Analyst Sees BTC/USD Below $6K Despite Rally Sentiment
A rebound in the Bitcoin price this week lifted its short-term bullish sentiment, especially after it broke above a string of crucial technical resistance levels. Nevertheless, the benchmark cryptocurrency might be walking into a bull trap, as per independent trading consultancy WCSE. дальше »
2020-9-15 12:09 | |
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Technical Analyst Fears Stocks May Top Here — and That’s Bad for Bitcoin
Both Bitcoin and the stock market surged on Monday after a shaky past week. BTC is up 5% in the past 24 hours as it has pressed to weekly highs at $10,700. The S&P 500 and other leading indices are up around 1. дальше »
2020-9-15 04:01 | |
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Stock-To-Flow Model Creator Says It’s Time For BTC To Make A Major Upside Move Based On This Crucial Update
There are multiple metrics and models that are used to predict the bitcoin price in the future. A widely-known — yet often contested — one is the stock-to-flow model designed by quant analyst PlanB. дальше »
2020-9-15 01:07 | |
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Altcoins Could See “More Blood” as Bitcoin Dominance Reaches Bedrock Support
Bitcoin has been firmly guiding the altcoin market throughout the past week or so, with mid-cap and small-cap cryptos firmly tracking its every move This trend has come about following a period in which these tokens significantly outperformed the benchmark crypto This trend led BTC’s dominance over the aggregated market to plunge lower, and it now appears to have reached a bedrock support level One analyst believes that this support level will allow Bitcoin’s dominance […] дальше »
2020-9-15 23:00 | |
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Bitcoin’s Price Action Shows Similarities to 2016; Pointing to a Bullish 2021
Bitcoin’s price has been flashing some major signs of weakness throughout the past few days, with bears continuing to defend against a break above $10,500 This weakness may soon be coming to an end, however, as buyers have now shattered the selling pressure that previously existed at this level While looking towards the asset’s near-term price action, one analyst explained that he sees some striking similarities to 2016 This comparison is bullish because it suggests […] дальше »
2020-9-15 21:00 | |
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Even After A Drastic Price Correction, This Bloomberg Analyst Thinks Bitcoin Will “Come Out Ahead”: Here’s Why
Bitcoin, the leading cryptocurrency by market capitalization is currently priced at $10. 7k. The asset, which saw its most recent high of $12,050 on the 1st of September 2020 has seen a drastic drop. дальше »
2020-9-15 20:52 | |
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Crypto Market Analysis: 14th September 2020
Whilst US equity markets fell last week due to drops from Big Tech, the European market plodded along and the FTSE All-Share Index rose moderately. Bitcoin and a number of alts remained relatively steady, despite some momentary blips as bitcoin very briefly dipped below the $10,000 level on both Monday and Tuesday. Simon Peters, analyst, […] дальше »
2020-9-15 19:49 | |
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Here’s What Bitcoin’s Strong Weekly Close Says About Its Present Outlook
Bitcoin posted a strong weekly close yesterday afternoon, which is what allowed the cryptocurrency to see an overnight upswing that has led it past multiple crucial levels. While speaking about the digital asset’s price action, one analyst observed that its strong weekly close may continue acting as a launchpad for further upside, noting that bulls […] дальше »
2020-9-15 19:00 | |
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There’s a potential competitor to Ethereum’s Yearn.finance (YFI): DeFi analyst
For months, the term “yield farming” has been a prominent meme in the crypto space, with users of Ethereum’s decentralized finance ecosystem using it incessantly to describe their search for ever-higher yields. дальше »
2020-9-13 14:16 | |
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Bitcoin Cash hits new low vs. Bitcoin as Draper deletes Twitter praise
Bitcoin’s controversial hard fork now buys less BTC than ever before as one analyst warns that buyer support has disintegrated.
дальше »2020-9-13 12:17 | |
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Analyst Who Called Bitcoin’s 2018 Bottom Thinks $11,500 Is Next
Bitcoin has pressed higher after consolidating between $10,000 and $10,500 for five days. The leading crypto asset now trades for $10,550 as of the time of this article’s writing. BTC is far from in the clear due to this being a weekend move. дальше »
2020-9-13 10:00 | |
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A Majority of Investors Think Bitcoin Ends the Year Above $10,000
Bitcoin is currently trading at $10,400 but analysts think the cryptocurrency is poised to slip lower. A majority of investors think that Bitcoin will end 2020 above $20,000. Bitcoin Will End 2020 Above $10,000, Investors Suggest in Poll According to a recent poll conducted by Bitcoin and crypto analyst Chris Burniske, a majority of cryptocurrency investors think BTC will end 2020 above $10,000. дальше »
2020-9-13 00:12 | |
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Here’s Why An Analyst Thinks the Ongoing Bitcoin Rally Is “The Real Deal”
Bitcoin has begun to press higher despite weakness in legacy markets. The price of the leading cryptocurrency is currently at $10,470 despite reaching lows of $9,800 earlier this week; also, altcoins have begun to surge, suggesting that this is once again a buyer’s market. дальше »
2020-9-13 22:24 | |
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Ethereum is About to Make a Big Movement; But Will It Favor Bulls?
Ethereum has been flashing some signs of strength throughout the past few days, with bulls now pushing it back towards its recent highs of $380 The cryptocurrency is slightly outperforming Bitcoin at the moment and does appear to be in a decent technical position One analyst is noting that a confluence of factors seems to suggest that a massive movement is brewing for the cryptocurrency Whether or not this move favors bulls or bears is […] дальше »
2020-9-13 22:00 | |
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Institutions are Growing Increasingly Bullish on Bitcoin Following Drop to $10,000
Bitcoin’s price is now expressing some signs of stability within the lower $10,000 region, with bulls being able to garner some strong support This comes after the cryptocurrency defended its crucial near-term support level at $9,900 on multiple occasions throughout the past week One analyst is now noting that investor fear is at the same level it was at just before the crypto pumped to $12,000 This also comes as institutional investors grow bullish on […] дальше »
2020-9-13 19:00 | |
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This Top Macro Analyst Is Bullish on Ethereum’s Nexus Mutual (NXM)
Ethereum’s decentralized finance space has been catching a lot of attention over the past few weeks. This is for good reason: since the start of the year, the value of tokens locked in DeFi has surged in excess of 1,000%. дальше »
2020-9-12 10:26 | |
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Why An Analyst Isn’t Convinced of Ethereum’s Price Action Despite Rally to $375
Ethereum has pressed higher after falling as low as $310-315 just days ago. The coin now trades for $370 and traded as high as $375-378 just hours ago. The coin is not entirely bullish, though, despite the recovery from the aforementioned lows. дальше »
2020-9-12 07:15 | |
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Why One On-Chain Analyst is Wary About Bitcoin’s “CME Gap” Narrative
One widespread narrative that cryptocurrency investors have been closely watching as of late is regarding Bitcoin’s propensity to fill gaps that are formed on its CME futures chart. Although this trend has proven to hold true in some cases with both Bitcoin and other assets, it is important to note that the narrative is laced […] дальше »
2020-9-12 05:00 | |
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