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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


Bitcoin Faces “Aggressive Selling” as Bulls Try to Shatter $11,200 Resistance

Bitcoin’s price has rallied throughout the past few days, with buyers’ ardent defense of the lower-$10,000 region catalyzing some serious momentum This momentum led the cryptocurrency as high as $11,200 earlier this morning before it faced a swift rejection The price region between $11,000 and $11,300 has long been a strong area of resistance for the cryptocurrency Some analysts and investors are noting that the aggressive selling pressure here could make it difficult for BTC […] дальше »

2020-9-20 19:00


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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Ethereum Could See Major Weakness if Bulls are Unable to Defend Key Level

Ethereum has seen some immense strength over the past few days, with bulls pushing it as high as $395 before it faced some intense selling pressure that slowed its ascent The cryptocurrency has been unable to garner any significant buying pressure above $390, likely due to Bitcoin’s position beneath its $11,000 resistance Once the benchmark cryptocurrency breaks through, it may create a tailwind that lifts ETH higher The recent launch of Uniswap’s UNI token seems to […] дальше »

2020-9-19 23:00


Bitcoin May Soon Surge to $12,000 After Bulls Defended Critical Support Level

Bitcoin’s recent stability below $11,000 appears to be translating into technical strength, as the cryptocurrency is now beginning to push higher Whether or not bulls can extend their momentum and break above the resistance zone between $11,000 and $11,300 remains to be seen That being said, analysts are growing bullish on BTC, partially because it could post an ardent response to a key support level that was visited earlier today. Analysts are now noting that […] дальше »

2020-9-19 21:00


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Bitcoin Faces “Weak” Selloff as Buyers Gear Up for a Push Higher

Bitcoin’s price has stabilized following its recent bout of intense volatility This turbulence mostly favored bulls, as the crypto was able to rally as high as $11,100 before facing some heavy resistance that slowed its ascent Analysts are now widely noting that it may be poised to see some further weakness in the near-term That being said, the tempered reaction to the strong selling pressure in the lower $11,000 region does seem to be a […] дальше »

2020-9-18 21:00


Pantera Capital: ‘We Are in the Early Stages of a Large Bull Market’

Now that the Fed has tipped its hand, revealing that interest rates will remain near zero for the foreseeable future — possibly through 2023 — bitcoin bulls are revving up their engines. Pantera Capital CEO Dan Morehead pounced on the Fed’s quantitative easing, pointing out in a Blockchain Letter that corporate America is in for […] The post Pantera Capital: ‘We Are in the Early Stages of a Large Bull Market’ appeared first on BeInCrypto. дальше »

2020-9-17 00:23


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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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These 3 Factors Signal Bitcoin is Gearing Up to Make a Massive Push Higher

Bitcoin is currently the strongest major asset within the crypto market, expressing stability – and even bullishness – as its price trades just below the $11,000 region Bulls have been building up BTC’s momentum throughout the past few days, which comes as altcoins flash signs of weakness This means that the ongoing uptrend may be coming about as a result of a “flight to quality” as investors flee smaller tokens One trader is specifically pointing […] дальше »

2020-9-17 21:00


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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


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 Could Soon See Explosive Momentum if It Shatters One Key Level

Bitcoin’s bulls are flexing their strength today, pushing the benchmark digital asset towards $11,000 as they attempt to reverse the recent downtrend that it has been caught within. There’s no doubt that today’s move – coupled with that seen yesterday – is positive for the crypto’s near-term outlook, but it is important to keep in […] дальше »

2020-9-15 19:00


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Bitcoin’s Market Structure Shapes Up as Bulls Defend Critical Price Level

Bitcoin is currently expressing some immense signs of strength as its price trades above $10,600 This marks a decisive break above the $10,500 resistance level that was previously suppressing its price action Because bulls were able to break above this effort this morning, it does appear that the benchmark cryptocurrency may be well-positioned to see further upside in the coming few hours and days The next region of interest for bulls sits around $11,000, as […] дальше »

2020-9-15 02:00


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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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Traders Flip Short on Chainlink as It Flashes Some Major Warning Signs

Chainlink has been caught within a prolonged consolidation phase throughout the past few weeks, with the cryptocurrency largely trading between $12.00 and $12.70. This consolidation has done little to offer insights into its near-term outlook, as its bulls are still reeling from the damage done to its market structure following the $20.00 rejection. Analysts are […] дальше »

2020-9-13 04:00


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


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


Bitcoin is Gearing Up for a Major Push Lower as Analysts Eye $9,600

Bitcoin’s inability to break above $10,500 speaks to some underlying weakness amongst the cryptocurrency’s bulls It also shows that the bears still have the edge over the benchmark crypto’s price action, which could mean that a break below its key support between $9,900 and $10,000 is imminent BTC is currently caught within a consolidation phase, being unable to find any strong momentum following the recent rejection Analysts are growing bearish on its near-term outlook, with […] дальше »

2020-9-12 02:00


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Ethereum’s Market Structure Weakens as Bulls Fail to Break Key Resistance

Ethereum’s overnight price action has done little to offer insight into its near-term trend, as the cryptocurrency has been unable to maintain its recent momentum This, however, has not resulted in it seeing any type of sharp decline, with its rejection at $380 kicking off a consolidation phase Analysts believe that where the cryptocurrency trends next depends wholly on its reaction to one vital resistance level that has been suppressing its price action This resistance […] дальше »

2020-9-12 23:00


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It’s Do or Die for Bitcoin as Analysts Begin Eying Further Upside

Bitcoin has posted a strong rebound from its recent lows that were set within the upper-$9,000 region Bulls clearly did not want the benchmark crypto’s macro strength to be invalidated As such, they have since sparked a move up towards the mid-$10,000 region, currently attempting to capture $10,400 It is important to note that this price action comes as the cryptocurrency reaches a do or die moment How it ultimately responds to $10,000 could determine […] дальше »

2020-9-11 02:00


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This Grim Technical Pattern Suggests Ethereum May Plunge to $240

Ethereum has seen a strong rebound from its recent lows, which has allowed it to outperform Bitcoin and most other digital assets throughout the past day This rebound has led it from lows of $320 to highs of over $380 Bulls are now vying to push the crypto back into the $400 region, which could allow it to reclaim its bullish market structure and see further upside One analyst doesn’t believe this is going to […] дальше »

2020-9-11 23:00


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Bitcoin Could Be Coiling Up for a Move to $11,000 as Bulls Spark Slight Rally

Bitcoin and the aggregated crypto market have been flashing some signs of strength throughout the past day While BTC rebounded hard from its key support at $10,000, ETH was able to climb back up towards the upper-$300 region This marks a notable rise from its recent lows that were set earlier this week Where the market trends in the coming hours and days should provide significant insight into its near-term outlook One analyst is noting […] дальше »

2020-9-11 21:00