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Bitcoin’s Open Interest and Money Flow Suggests a Strong Pump is Imminent

Following an extended period of rangebound trading within the upper-$6,000 region, Bitcoin now appears to have entered yet another bout of consolidation around its current price of $6,100. Although it remains unclear as to whether or not Bitcoin’s current market structure is bullish or bearish, there are a few fundamental factors that may suggest a... дальше »

2020-3-29 20:00


Analysts believe Bitcoin may see months of consolidation despite investors’ “extreme fear”

Bitcoin saw a relatively sharp decline late-yesterday that marked a bearish resolution to its multi-day bout of sideways trading within the upper-$6,000 region. This downwards movement has come about during a time of immense fear amongst cryptocurrency investors and has further compounded this uncertainty – leading the benchmark crypto’s fear and greed index to hit […] The post Analysts believe Bitcoin may see months of consolidation despite investors’ “extreme fear” appeared first on CryptoSlate. дальше »

2020-3-31 17:04


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The Fall in Bitcoin’s Dominance Rate Could Cause These 2 Altcoins to Surge

The Bitcoin dominance rate has reached a significant resistance area and decreased afterward as a result. The fact that it is trading inside a bearish pattern makes a breakdown likely. Well-known trader @KingThies stated that he has noticed the reduced engagement in altcoin posts and the fact that the prices are very near all-time lows. дальше »

2020-3-28 17:30


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Bitcoin Aims to Re-Test Important Weekly Support and Resistance Levels

During the week of March 16-23, the Bitcoin price increased significantly, at one point reaching a high of $6,900. However, it decreased considerably over the weekend. Since the price failed to reclaim this important resistance area, this week’s movement will likely see a bearish re-test of support, rather than the beginning of an upward move. дальше »

2020-3-23 17:10


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BitMEX may be about to add KYC, and that’s bearish for Bitcoin: traders explain why

BitMEX, the leading Bitcoin and crypto-asset derivatives exchange, has long played a central role in these nascent markets. The firm’s Bitcoin (XBT) perpetual swap — the infamous vehicle that allows traders to 100x leverage their capital in exchange for mind-blowing profits or a brutal margin call — just months ago passed $2 trillion in contracts […] The post BitMEX may be about to add KYC, and that’s bearish for Bitcoin: traders explain why appeared first on CryptoSlate. дальше »

2020-3-23 11:20