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Ethereum to Post Bullish Weekly Close; Will This Invalidate Its Weakness?

Ethereum has expressed some signs of immense strength today, with its buyers catalyzing a sharp upwards movement that has allowed it to surge towards $420 The cryptocurrency’s momentum is leading it into its daily and weekly candle close with a strong market structure Analysts believe that this will be enough to help propel the crypto higher in the days and weeks ahead One analyst is noting that although ETH may face some resistance at $430, […] дальше »

2020-8-31 22:00


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Winklevoss Twins Pen Down the Bullish Case for $500k Bitcoin

The Winklevoss twins —the founders of the regulatory compliant Gemini, are convinced the U. S. dollar is no longer a reliable store of value. Instead, their confidence is on Bitcoin.   Gold and Oil as Store of Value Assets On Aug 27, the Winklevoss twins penned an article detailing why the digital asset may rise to $500k a pop,Read MoreRead More. дальше »

2020-8-28 17:02


IOTA Falls After Failing to Sustain a Breakout

The IOTA price has made another unsuccessful attempt to break out above a yearlong resistance area. Until the price successfully does so, we cannot state that the trend is bullish. Unsuccessful Breakout Attempt Cryptocurrency trader @ACXtrades stated that he is waiting for a re-test of the breakout level at 3500 satoshis, giving a target of […] The post IOTA Falls After Failing to Sustain a Breakout appeared first on BeInCrypto. дальше »

2020-8-27 19:45


COMP Bounces at Important Support Level

The Compound (COMP) price has broken out from a descending resistance line and has created a bullish pattern. The price should continue moving upwards as long as it stays above $160. Breakout and Double Bottom The COMP price began an upward move on August 2, and on August 12, the price reached a high of […] The post COMP Bounces at Important Support Level appeared first on BeInCrypto. дальше »

2020-8-27 23:49


Bitcoin Shooting Star Could Put an End to the Uptrend

During the week of Aug 17-24, the Bitcoin (BTC) price created a shooting star candlestick inside a long-term resistance area. This is a sign that the bullish trend might have come to an end. Bitcoin Weekly Outlook Bitcoin has been increasing at an accelerated rate since the week of July 20, creating four consecutive bullish […] The post Bitcoin Shooting Star Could Put an End to the Uptrend appeared first on BeInCrypto. дальше »

2020-8-24 12:28


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Institutional Traders are Shorting Bitcoin Now More Than Ever Before

Institutional traders are growing incredibly bearish on Bitcoin, widely betting that its price is poised to see a strong near-term pullback This sentiment is a far depart from that seen by retail traders, which are more bullish than ever on the cryptocurrency This data comes from the latest Commitment of Traders Report, which details an interesting trend in the dynamic between retail investors and so-called “smart money” From a technical and fundamental standpoint, there are […] дальше »

2020-8-23 19:00