Ethereum Retraces After Hitting Crucial Resistance; Here’s How Low It May Dip

Ethereum is currently retracing following its intense move higher throughout the past few days The cryptocurrency remains technically strong and is sitting well above where it was trading at just one week ago Despite this, analysts are also noting that it recently reached the top of a crucial range seen while looking at its BTC trading pair One analyst is noting that he expects the cryptocurrency’s uptrend to stall here, potentially causing ETH to see […] дальше »

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Goldman Sachs Says Dollar in Danger as Investors Flee to Safe Havens

The growing debt crisis in the U. S. amid the Covid-19 crisis could damage the dollar’s global reserve status. Analysts at Goldman Sachs expressed concern that the burgeoning liquidity and mounting debt could have dramatic ramifications for the world’s largest economy. дальше »

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Analyst Who Forecasted Latest Bitcoin Rally Now Predicts Move to $18,000

Bitcoin’s price has found some notable stability in the time following its intense rally past $11,000 seen yesterday Although the cryptocurrency has not yet retraced following this incredible movement, it does appear to be facing some resistance above its current price levels BTC is now establishing the $11,000 level as support, which is a highly bullish sign – according to analysts One prominent trader who forecasted this latest movement is now noting that the crypto […] дальше »

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Bitcoin Retakes $11k — Further Reinforcing Analysts Take That $20,000 Is In Sight

At the time of this writing, Bitcoin is trading at a price of $11,026, which was first attained in the last 24hrs. The entire cryptocurrency community, especially Bitcoin users on Twitter have been tweeting tirelessly about the long-awaited price rally. дальше »

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Crypto Fear and Greed Index Turns to Extreme Greed, Is Now The Time to Sell?

Some analysts renewed their expectations of a crypto bull run following Bitcoin’s 11% gains yesterday. Resistance at the $10. 5k level has proven difficult to break, having been rejected there on several previous occasions. дальше »

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Cellebrite Launches Crypto Tracer Solution to Track Illicit Transactions

Cellebrite released a new cryptocurrency tracer tool that gives law enforcement and analysts the ability to track illicit crypto transactions. дальше »

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$12k Bitcoin Can Unlock Prices “As High as Imagination” Will Allow: Analyst

Bitcoin has faced a rejection after surging as high as $11,500 on Monday. As of the time of this article’s writing, BTC is at $10,800. Analysts remain optimistic despite this drop from the local highs, arguing that the bearish market structure that persisted last week is now broken. дальше »

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Ethereum Posted an Incredibly Bullish Weekly Close, But Will It Keep Running?

Ethereum’s price action has been front running that of Bitcoin over the past few days This has led some analysts to note that ETH’s strength is actually what catalyzed the ongoing uptrend seen by BTC The cryptocurrency is now showing even further signs of strength as it pushes towards $330 Multiple analysts are noting that the stars are aligning for the crypto and that multiple factors suggest further upside is imminent As for how high […] дальше »

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Bitcoin Just Broke a Descending Trendline from 2017; Is the Bull Market Here?

It has been a wild 24-hours for Bitcoin and the aggregated cryptocurrency market Following a long-held bout of consolidation, the benchmark digital asset is now breaking out and appears to be aiming for a test of its yearly high at $10,500 BTC’s latest break above $10,000 is different from those seen previously and has so far proven to be far more sustainable Analysts are now noting that this movement has also allowed Bitcoin to shatter […] дальше »

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Analysts Explain Why Bitcoin Price Risks Falling Below $10K

Bitcoin jumped above the $10,000-level on Sunday for the first time in almost two months. The rally appeared as falling yields on US bonds lifted demand for safe-haven assets. Nevertheless, some analysts, including gold bull Peter Schiff, expect Bitcoin to correct below $10,000 in the coming sessions. дальше »

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Ethereum May Form “Short Pullback” After Rallying 30% in 5 Days: Analysis

Ethereum has pulled back from its local high of $322 (margin exchanges). It now trades for $312 as of this article’s writing. Some analysts argue that the cryptocurrency is preparing for another leg higher, citing the momentum trade that ETH is. дальше »

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Bitcoin’s Dominance is Signaling That “Altseason” May Be in Grave Jeopardy

Bitcoin’s dominance has been seeing a sharp decline over the past few days and weeks as altcoins have captured the majority of investors’ attention Yesterday, however, this metric hit a historically important region, and shortly after the benchmark cryptocurrency’s price began rebounding Some analysts are now noting that it may be “pullback time” for altcoins, with this potential decline being perpetuated if Bitcoin can smash above $10,000 Ethereum could also play a big role in […] дальше »

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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 »

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Ethereum Hits $320 as Price Goes Parabolic: What Analysts Think Comes Next

Ethereum is ripping higher after having broken past the pivotal $250 resistance earlier this week. As of this article’s writing, the asset trades for a few dozen basis points shy of $320 — a price almost 30% higher than that of five days ago. дальше »

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These 3 Metrics Suggest Bitcoin Is Building Up Bullish Momentum

Bitcoin is finally rallying after weeks of flatlining in the low-$9,000s and high-$8,000s. As of this article’s writing, the asset trades for $9,750 — the highest price in about a month. Volatility remains low on a macro scale, according to analysts and volatility indicators. дальше »

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Ethereum Fails to Surmount Crucial Resistance as Traders Eye a Pullback

Ethereum has incurred immense momentum throughout the past few days This notable upswing seen as of late has allowed it to outperform Bitcoin and many other major altcoins Some analysts have even observed that ETH’s price action is starting to influence that of Bitcoin Analysts are now noting that it could see a notable pullback in the near-term, which may be necessary if bulls want to extend their momentum further This possibility will be invalidated if […] дальше »

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Bitcoin Just Surged Past $9,700: What Do Analysts Think Comes Next?

Bulls seem to be decisively back in control, with Bitcoin retaking $9,700 just minutes ago for the first time in weeks. At the current price of $9,700, the asset is trading at highs not seen since the end of June. дальше »

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Why Analysts Think It’s Time To Go Long On Bitcoin

The secret to breaking bitcoin’s sideways price movement is to call it a stablecoin, the crypto community has learned. The community is currently buzzing with activity and excitement, as bitcoin broke out from its below $9200 resistance to reach $9500 and is currently trading green at a little below $9600. With much speculation and analysis […] дальше »

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Analyst Who Predicted Bitcoin’s V-Shaped Reversal Expects Rally to $17k

Analysts are wondering what comes next for the Bitcoin market as volatility has continued to tighten to multi-year lows. Traders are divided, with BTC’s futures markets having largely neutral funding rates. дальше »

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Chainlink Prints Harrowing Reversal Sign After 500% Rally from March Lows

One of the best-performing crypto assets over the past month has been Chainlink (LINK). From the March lows to the recent highs, the asset has rallied approximately 500% against the U. S. dollar. дальше »

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This Technical Sequence Could Propel Bitcoin to Fresh All-Time Highs

Bitcoin is flashing signs of overt strength at the present moment as it trades above $9,500 This marks the first time in many weeks that the cryptocurrency has been able to post a sustained movement higher Analysts are now closely watching whether or not it can surmount the resistance laced within the upper-$9,000 region It is important to note that the selling pressure here is quite significant This region also coincides with some crucial technical […] дальше »

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Ethereum Isn’t Out of the Woods Yet; Why ETH Could See a Sharp Decline

Ethereum’s intense uptrend has allowed the crypto to gain what appears to be a stable foothold within the $270 region Despite facing a firm rejection at $280, ETH has been able to continue flashing signs of strength At the moment, it appears to be highly correlated with Bitcoin as the two assets start another consolidation phase Analysts are now noting that Ethereum could be in for some trouble despite its overt strength It’s possible that […] дальше »

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Banks Putting 1% of Assets Into Bitcoin Could Send BTC Past $20k: Analyst

U. S. banks can now hold cryptographic keys, meaning they can store Bitcoin, Ethereum, and other digital assets.  Analysts say that this move is extremely positive for this space. One commentator says that a move by U. дальше »

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Bitcoin Bullish Structure is Breaking, Analysts Explain Why

Bitcoin declined during the Friday trading session after establishing its weekly top at $9,686. The downside correction appeared on rising profit-taking sentiment near $9,700, a historically strong resistance level. дальше »

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S&P 500 Prints Signal Seen Before March’s Crash: Will Bitcoin Suffer?

Bitcoin’s price action has become increasingly dependent on that of the S&P 500 over recent months. The correlation is so strong that it has been observed by analysts who do not actively watch the cryptocurrency space, such as a team at JP Morgan. дальше »

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Ethereum Just Broke a Multi-Year Accumulation Range; $350 May Be Imminent

Ethereum incurred a strong impulse higher yesterday that allowed it to shatter through the upper boundary of its macro trading range between $230 and $250. This allowed the cryptocurrency to completely alter its technical trajectory, as analysts are now noting that it could be poised to push significantly higher in the days and weeks ahead. […] дальше »

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Here’s Why Analysts are Flipping Short on Ethereum After Its Explosive Surge

After a prolonged period of range-bound trading, Ethereum posted a breakout rally yesterday that allowed it to surge up to fresh multi-month highs This rally put a firm end to the crypto’s macro trading range between $230 and $250 It remains unclear as to what caused this movement, but it allowed Bitcoin and other major altcoins to push higher as well Analysts are now growing cautious of what could come next for ETH Despite its […] дальше »

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Altcoins to the Moon as Ethereum and Chainlink Lead Bull Rally

As opposed to analysts’ speculations, the Altcoin season is just getting started. It’s important to not discard the speculations regardless, as Bitcoin’s stability within the $9,000 zone gives altcoins the leverage to rake up gains smoothly. дальше »

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Why Bitcoin Falling Below This Price Could Signal “Real Weakness”

Bitcoin has once again flatlined after rallying to $9,400. The cryptocurrency remains stagnant despite large movements in the stock and precious metals market. Analysts say the cryptocurrency must maintain $8,800 moving forward. дальше »

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Ethereum at $243 Is “Hilarious,” Says Analyst as ETH2 and Staking Near

Since the start of the year, Ethereum has done rather well. Per data from TradingView, the leading altcoin is trading approximately 80% higher than the price it started 2020 at. Analysts expect ETH to rally further in the months and years ahead as the underlying network’s fundamentals lend to increased demand for the asset. One […] дальше »

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Monumental Week For Bitcoin Approaches As Binance CEO CZ Shares Price Prediction

The recent Bitcoin halving event has slipped off most investors’ minds, for most, the event did not, and is not set to affect prices. But for some analysts, its influence is about to take effect. дальше »

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Analysts expect Ethereum to see an explosive movement as options OI rockets

Ethereum’s price action over the past several weeks has grown closely tied to that of Bitcoin. The post Analysts expect Ethereum to see an explosive movement as options OI rockets appeared first on CryptoSlate. дальше »

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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 »

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Bitcoin Shows Signs of Life as it Rallies Past $9,400; What Analysts Expect Next

After consolidating between $9,100 and $9,300, Bitcoin is starting to show some signs of life as its price rallies past $9,400 The ongoing uptrend comes after an extended bout of the cryptocurrency losing its trading volume and momentum due to the uptrends seen amongst many altcoins This latest surge may temporarily change the crypto’s trend, but one top trader is noting that he is planning to short BTC’s high time frame resistance at $9,500 Bitcoin’s […] дальше »

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COMP token might be looking at another 300% rally

The Compound token has declined by 3% but analysts say it is poised for...

The post COMP token might be looking at another 300% rally appeared first on Coin Journal.

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Down 17% From $9 High, Analysts Think Chainlink (LINK) Will Continue Plunge

Up until last week, Chainlink (LINK) was one of the best-performing cryptocurrencies in the market. The asset had rallied around 500% since the March lows. After a slowdown in the altcoin market’s momentum, LINK has slumped. дальше »

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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 »

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Analysts Claim Bitcoin’s 76 Day Stability ‘Bullish’: Hash Ribbons Cross and 2016 Patterns

The price of bitcoin has been very stable lately, and the crypto asset has been trading in a less volatile range just above $9k per coin for 76 consecutive days. After the third halving, the price of bitcoin has also been far more stable, in contrast to the price action after the second halving. дальше »

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$10.9 Billion Bitcoin Stash Proves Satoshi Is Still the Biggest Whale

Analysts estimate Satoshi mined $10.9 billion worth of Bitcoin to keep the network safe but will these BTC ever be spent?

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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 »

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How The Stock Market’s Great Rotation Resembles Bitcoin and Altcoin Relationship

The S&P 500 just closed its strongest weekly performance against the Nasdaq Composite in the last four years in what analysts are calling a “Great Rotation. ” The trend of shuffling capital closely resembles what’s taking place across the crypto market with Bitcoin and altcoins. дальше »

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AMZN Stock Up 3%, Robinhood Traders Interested in Amazon Ahead of July 23 Q2 Earnings Report

Coinspeaker AMZN Stock Up 3%, Robinhood Traders Interested in Amazon Ahead of July 23 Q2 Earnings ReportAMZN stock had a quite disappointing week but today it is in green again. Amazon is expected to release the Q2 earnings report on July 23 and analysts anticipate it as a catalyst to a new wave. дальше »

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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 »

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Bitcoin Breakout on July 22? 5 Things to Watch for BTC Price This Week

Analysts predict that the end of Bitcoin’s compression cycle will hit within days as price action continues to preserve $9,000 support. дальше »

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There’s “Lots of Open Air” for Bitcoin Down to $7k if This Level is Lost

Bitcoin risks a drop to the low-$7,000s as the price prepares to fall below a crucial support level as defined by the Ichimoku Cloud. Multiple analysts corroborate the sentiment that the leading crypto asset will fall towards that region in the third quarter of 2020. дальше »

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Ethereum is Coiling Up for a Big Move; Why Analysts Expect Downside

Ethereum, much like Bitcoin, has been caught within the throes of an intense bout of sideways trading This has caused the cryptocurrency to largely hover around the lower boundary of its multi-month trading range, being unable to gain any clear and decisive trend in either direction Although many major digital assets have been able to kick off firm uptrends, ETH hasn’t been so lucky Analysts are now noting that Ethereum may be well-positioned to see […] дальше »

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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 »

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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 »

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BTC Options Traders Are Not Betting on a Short-Term Bitcoin Price Drop

Crypto analysts have recently suggested that Bitcoin options traders are flipping short-term bearish but data shows this is not the case. дальше »

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Stellar (XLM) Leaves XRP in the Dust with Latest Rally; Will It Last?

Stellar (XLM) has been caught within the throes of an intense uptrend throughout the past few days, and the cryptocurrency’s momentum isn’t showing any signs of slowing down. This has allowed it to significantly outperform XRP – which is widely considered to be one of its main competitors. дальше »

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