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These 4 Factors Signal Bitcoin is Gearing Up for a Breakout Rally
The crypto market is heading into the weekend without any clear momentum, as the past week has been relatively quiet for Bitcoin Many altcoins are still maintaining their firm upwards momentum, although this appears to be slowing down as investors grow more concerned about where Bitcoin may trend next There are four factors that one analyst is closely observing that could provide BTC with better guidance in the near-term This comes as the cryptocurrency continues […] дальше »
2020-7-19 19:00 | |
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US Dollar May Plunge: Macro Analyst Explains Why That’s Crucial for Bitcoin
For the longest time, Bitcoin was seen as an asset that is independent of the movements of traditional markets. But, the pandemic struck. It has dramatically altered the state of the global economy, with analysts now arguing that BTC’s directionality is dependent on certain markets. дальше »
2020-7-18 04:49 | |
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Bitcoin Selling Pressure on BitMEX Is At Multi-Month Highs: Analyst
According to poll data shared by pseudonymous Bitcoin analyst “PlanB,” holders of BTC are seemingly more bullish than ever. One of the analyst’s latest polls suggests that approximately three-quarters of Crypto Twitter is either “HODLing” or buying Bitcoin at the moment. дальше »
2020-7-16 13:00 | |
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Analyst Explains Why a Bitcoin Crash is Good News in Disguise
Bitcoin stands stuck inside a $250 trading range for more than two weeks. The cryptocurrency’s volatility and daily trade volume are, meanwhile, heading down, raising the possibility of a price breakout. дальше »
2020-7-16 10:39 | |
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Highly-Anticipated Bitcoin Price Post-Halving Push Expected To Come About In Q4 2020
Analyst and partner at Placeholder VC Chris Burniske said that even if summer turns out to be dull for cryptocurrencies, fall and Q4 2020 could turn out to be beyond anyone’s expectations. Burniske listed all possible milestones that the crypto markets could achieve within the next 5 months. дальше »
2020-7-16 08:42 | |
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Here’s Why One Analyst Thinks Cardano (ADA) Could Soon “Nuke” Lower
Cardano saw a massive upswing yesterday that allowed it to erase virtually all of its recent losses For a brief period, the crypto even tapped its previously established yearly highs, although the selling pressure here proved to be quite significant As for where the cryptocurrency could trend next, analysts are growing increasingly cautious about its outlook Despite there being a few technical signs that suggest it may continue pushing higher, one trader is noting that […] дальше »
2020-7-16 23:00 | |
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Analyst: XRP’s inability to rally as many altcoins go parabolic is a “remarkable” feat
Countless crypto assets have been on a tear over the past few weeks. The post Analyst: XRP’s inability to rally as many altcoins go parabolic is a “remarkable” feat appeared first on CryptoSlate. дальше »
2020-7-16 16:00 | |
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How Can You Not Be Bullish on Bitcoin? Analyst Asks Due to New Data
Despite positive fundamental trends, not all involved in the cryptocurrency industry are bullish on Bitcoin. Take the example of Peter Schiff, the CEO of Euro Pacific Capital, who recently said that BTC is likely to fall below $9,000. дальше »
2020-7-16 15:00 | |
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Bitcoin Cautious As Analyst Predicts Pullback in Risk-On Markets in July
Bitcoin is trending sideways within a $300 trading range for the last two weeks amid growing uncertainty in risk-on markets. Traders expect the cryptocurrency to attempt a breakout but remain unsure about the direction of the next price move. дальше »
2020-7-15 08:08 | |
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70% of Crypto Twitter: Bitcoin Will Trade Above $20k by End of 2021
Since Bitcoin peaked at $20,000, investors have been asking when that high will be breached. For over two years, BTC hasn’t been even close to accomplishing that feat. A new poll by a prominent cryptocurrency analyst, however, suggests that many think Bitcoin will soon trade above its $20,000 high. дальше »
2020-7-15 03:00 | |
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Bitcoin is Flashing Signs of Weakness as It Trades Below Crucial Level
After another failed breakout attempt, Bitcoin is once again hovering just above its crucial $9,200 support The entire crypto market is currently expressing some signs of weakness This weakness may be rooted in BTC’s decline beneath what one analyst is describing as a crucial level He notes that a daily close beneath $9,230 would make a compelling case that further downside is imminent This comes as multiple technical indicators all point to an imminent surge […] дальше »
2020-7-15 02:00 | |
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Bitcoin Closing Beneath One Crucial Level Could Decimate Altcoins
Bitcoin flashed some subtle signs of weakness yesterday that sent shockwaves throughout the cryptocurrency market This caused many major altcoins to shed a significant amount of their value, putting at least a temporary end to the intense market-wide uptrend seen by Bitcoin’s smaller counterparts The crypto is now once again sitting just above its crucial $9,200 support level Buyers have been able to defend this level throughout the past several hours One analyst is noting […] дальше »
2020-7-15 21:00 | |
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Bitcoin Can Attract Large Capital Inflows on Short Notice: Research
Bitcoin is at the cusp of attracting large capital inflows from the neighboring stablecoin market, according to a weekly research note published by Glassnode. The on-chain market analyst highlighted that the net supply of dollar-pegged tokens surged higher than Bitcoin. дальше »
2020-7-15 11:50 | |
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Analyst: There’s a 90% chance that Bitcoin price will soar past $10,000 come August
For the past three weeks, nearly every indicator on the technical chart is signaling a price breakout for Bitcoin. All of these signals are showing that Bitcoin is in the best position to break out and trade above $10,000. дальше »
2020-7-15 10:47 | |
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Poll Shows Most Traders Believe Bitcoin Price Hasn’t Bottomed Yet As $8k Dip Likely
There are as many opinions on Bitcoin’s future as there are people interested in Bitcoin. However, to determine the crypto community’s opinion on whether Bitcoin has bottomed, crypto trader and analyst Josh Rager conducted a Twitter poll. дальше »
2020-7-12 12:03 | |
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Bitcoin’s Rallied 4,000% After This Signal Flashed in 2016. It’s Back Again
By definition, Bitcoin is still in a bear market. One analyst recently commented in reference to the chart below. “Allow me to explain: BTC hasn’t made a higher high in a full year, so per definition, it’s not a bull market. дальше »
2020-7-12 10:00 | |
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Here’s the Crucial Level Ethereum Needs to Break to Avoid Cratering Lower
Ethereum has been moving in close tandem with Bitcoin over the past couple of days This has made it exposed to seeing intense downside, and it is now stuck beneath the $240 region ETH is now at risk of setting lower lows according to one analyst, but there is a way bulls can stop this from happening The trader noted that $242 is a key high time frame level that bulls must flip before tomorrow’s weekly […] дальше »
2020-7-12 22:00 | |
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This Single Price Level Could Make Bitcoin’s Price Action “Nasty”: Analyst
Stepping back from the recent volatility, Bitcoin remains in macro limbo. The leading cryptocurrency has not deviated from a 7% range over the past two to three weeks and a 15% range over the past two months. дальше »
2020-7-11 10:00 | |
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Bitcoin Analyst Shares 4 Reasons Why the Altcoin “Party” Will End Soon
It’s been an explosive week for the altcoin market, but not for Bitcoin. As Bitcoinist has extensively covered over recent days, a number of altcoins have surged higher. This list includes Dogecoin (DOGE), Chainlink (LINK), Synthetix (SNX), Cardano (ADA), and VeChain (VET). дальше »
2020-7-11 04:00 | |
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Ethereum Could Set a “Lower Low” if It Breaks Beneath This Crucial Level
Ethereum is now showing some signs of underlying weakness despite seeing some strong price action over the past few days After hovering within the upper region of its long-established trading range, the slight downwards movement seen by Bitcoin and the aggregated market has forced it lower It hasn’t declined beneath any crucial support levels yet, but several sit just below where it is currently trading at One analyst is noting that its closest support is […] дальше »
2020-7-11 23:00 | |
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It’s “Almost Time” for Bitcoin to Make an Explosive Movement; Factors to Consider
Bitcoin has been flashing some signs of weakness throughout the past 24-hours, as the crypto has been unable to maintain above multiple crucial technical levels It has once again fallen back within its long-held trading range between $9,000 and $9,300 Although this range could hold strong in the near-term, one analyst is noting that it is almost time for Bitcoin to make a massive trend-defining movement As for where this next move could lead the […] дальше »
2020-7-11 21:00 | |
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Bitcoin Set Another “Lower High” as Analysts Eye a Sub-$9,000 Move
Bitcoin faced a grim rejection at $9,500 earlier this week that has caused its price to flash some notable signs of weakness. This rejection has now caused the crypto to set another “lower high” – further bolstering the bear case and causing BTC to be prone to seeing further near-term downside. One analyst is now […] дальше »
2020-7-11 19:00 | |
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3 snippets to begin your day: Dogecoin revels in market interest, altseason chances and more
Can Ethereum lead the altseason? Another day, and another altcoin that can supposedly lead the altcoin season. Ethereum is in the news again after noted trader and analyst Peter Brandt claimed thatThe post 3 snippets to begin your day: Dogecoin revels in market interest, altseason chances and more appeared first on AMBCrypto. дальше »
2020-7-10 14:30 | |
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Bitcoin “Compression” Fractal from 2019 Hints Big Breakdown Ahead
Bitcoin is at risk of undergoing a significant breakdown as it consolidates inside a compressive technical pattern. The analogy surfaced as an analyst compared Bitcoin’s latest trend with the one from 2019. дальше »
2020-7-11 11:27 | |
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Bitcoin Could be Following Gold’s Price, Signaling a Breakout is Imminent
Bitcoin’s multi-month consolidation phase has caused its correlation with other assets to degrade, leaving investors to question where it might trend next. One analyst is now floating the possibility that the cryptocurrency’s price is currently lagging just behind that of gold. дальше »
2020-7-9 19:00 | |
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Forex Analyst Explains Why Chainlink Price Could Surge 80% Higher
Chainlink’s LINK token is amid a “full-blown parabolic advance,” according to forex analyst Cole Garner. The on-chain data investigator mentioned a string of technical and fundamental indicators that hint further gains for the altcoin. дальше »
2020-7-9 14:00 | |
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Why Top Analyst Predicts an Altcoin Rally on Key Ethereum Breakout
Ethereum broke above a crucial short-term resistance area this Wednesday. The second-largest cryptocurrency is now eyeing a “significant breakout” towards 0. 032 sats, according to analyst Peter Brandt. дальше »
2020-7-9 08:10 | |
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Ongoing Crypto “Alt Season” Might Spark a Much Bigger Rally in 2021: Analyst
Altcoins are blowing up across the crypto market, for the first time in what feels like forever. The rallies are reminiscent of the cryptocurrency bubble of 2017 and could be a sign that a new bull market is forming. дальше »
2020-7-9 02:00 | |
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Analyst PlanB Explains What Drove Him To Purchase Bitcoin Even Way Before The Stock-to-Flow Model
Crypto analyst PlanB is popular in the cryptocurrency space for coming up with a bitcoin price-predicting model that uses the coin’s scarcity, the stock-to-flow model. The model assumes that the price of bitcoin increases significantly after each halving event due to BTC’s limited supply. дальше »
2020-7-9 17:39 | |
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XRP’s Recent Collapse Could Force Ethereum Under $200, Analyst Suggests
While Bitcoin, Ethereum, and other top cryptocurrencies are near year-to-date highs, the same cannot be said for XRP. As the chart below depicts, the leading altcoin is trading at $0. 185 as of this article’s writing. дальше »
2020-7-8 04:00 | |
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Data analyst: Ethereum unlikely to rally until the end of the DeFi bull market
Ethereum’s stagnant price action has come about despite there being plenty of positive developments within the broader ETH ecosystem. The post Data analyst: Ethereum unlikely to rally until the end of the DeFi bull market appeared first on CryptoSlate. дальше »
2020-7-9 03:00 | |
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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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Analyst: Bitcoin Needs to Push Past $9,600 to Avoid a Brutal Decline
Bitcoin now appears to be entering another consolidation phase around $9,300 Its buyers have been unable to surmount the resistance that exists around this price level Each attempt to break above it has been met with an influx of selling pressure that forces it lower As for what may come next, analysts are noting that it is imperative that buyers step up and force the benchmark crypto higher if they are to catalyze any further […] дальше »
2020-7-8 21:00 | |
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