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These 3 Simple Factors Have Caused Traders to Flip Bearish on Bitcoin

Bitcoin could be coiling up to make a massive bear-favoring movement in the days and weeks ahead. This weakness could mark a resolution to the multi-week trading range that it has been caught within, potentially causing investors to see intense losses in the weeks ahead as some analysts set downside targets within the $7,000 region. […] дальше »

2020-6-22 04:00


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Bitcoin to Correct Throughout Summer Months as Analysts Eye Major Downside

Bitcoin’s consolidation phase has persisted, with the cryptocurrency continuing to trade sideways as it hovers around $9,360 The cryptocurrency has struggled to garner any notable momentum, showing some signs of weakness as it continues trading around the lower boundary of its range It does appear that it could be poised to see further near-term weakness due to it forming a weak technical structure This could spark a correction that causes it to decline throughout the […] дальше »

2020-6-22 19:00


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Bitcoin At $180k Could Happen This Decade Depending On This One Single Factor

According to the Weiss Cryptocurrency rating platform, the price of Bitcoin could trade near $180,000, which is currently 20 times what it is presently worth. The brief further states that this could happen within the next 10 years, meaning that Bitcoin could possibly rise to the aforementioned price between now and 2030.  But what guarantees […] дальше »

2020-6-21 09:24


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Venture capitalist: Bitcoin and Ethereum could become more reliable macro-indicators than Stocks & Bonds

Since the outbreak of the COVID-19 pandemic, the financial world has been volatile, to say the least. In the last several months, markets have seen historic rises and drops. Just last week, CNBC reported that although the Dow Jones experienced a 400 point rise, Wall Street clinched their biggest weekly loss since March. A lot […] дальше »

2020-6-21 00:39


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Ethereum’s Reaction to This Crucial Support Level Will Determine its Fate in 2020

Ethereum has seen some lackluster price action in recent times, largely facing sideways trading similar to that incurred by Bitcoin and the entire crypto market It has posted some signs of weakness throughout the past several hours due to it dipping below its well-established trading range This has led it down to what analysts are describing as a “crucial level,” and its reaction here could determine its fate in the months ahead One venture capitalist […] дальше »

2020-6-21 22:00


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60% of Bitcoin Options Open Interest Expires in 6 Days; Will Fireworks Ensue?

The crypto market has continued extending its long-held consolidation phase, with this sideways trading largely coming about as a result of Bitcoin’s lack of momentum Analysts are now noting that it may persist further in the near-term, as there are no immediate catalysts for momentum One factor that could lend itself towards shifting this trend is the expiry of 60% of all Bitcoin options next week Close to $1 billion in contracts are expiring on […] дальше »

2020-6-20 19:00


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Why This Respected Fund Manager Sees DeFi Thrusting Ethereum 4000% Higher To A Trillion-Dollar Market Cap

Some investors are still wary of a March-like market correction. With crypto markets, you can never predict, of course. For instance, who could have foreseen such a massive crash in mid-March, and who could have also seen the swift recovery from the painful lows? Ethereum has recovered over 120% from the lows of March. However, […] дальше »

2020-6-20 14:34


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Ethereum Could Soon “Rally Hard” as DeFi Hits Escape Velocity: Fund Manager

The past few days and weeks have seen Ethereum’s decentralized finance ecosystem erupt higher. As Camila Russo, a former Bloomberg journalist turned Ethereum publicist, accentuated this when she noted on June 19th that the past week has seen the value of tokens locked in DeFi applications surge by 40% to $1.4 billion. Some are skeptical […] дальше »

2020-6-20 13:00


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Analyst: Bitcoin Could Continue Flatlining as it Gears Up for Explosive Volatility

Bitcoin’s unrelenting trading range has offered investors few insights into its near-term trend This range has persisted since the start of May, and isn’t showing no signs of letting up anytime soon Overnight sellers did attempt to shatter the lower boundary of this trading range, although this was quickly reversed by ardent buyers who have since pushed it back to $9,400 It now appears that this consolidation trend could extend even further The resolution to […] дальше »

2020-6-20 02:00


Chief Investment Officer Calls For Violent Stock Market Reckoning, How Will Bitcoin Respond?

The economy is on thin ice and jobless claims are still outrageously high, yet the stock market continues its V-shaped recovery and powerful rally. However, one chief investment officer claims that a stock market day of reckoning is coming – one that could also cause another sharp collapse in Bitcoin. If the stock market does […] дальше »

2020-6-20 19:00


Chainlink Spotlighted as “Technology Pioneer,” LINK Prices Aim for Higher Highs

Decentralized oracle network Chainlink is in the spotlight for the value that its emerging technology brings to DeFi, which could set the stage for further gains.   Chainlink Stands Out As... The post Chainlink Spotlighted as “Technology Pioneer,” LINK Prices Aim for Higher Highs appeared first on Crypto Briefing. дальше »

2020-6-18 01:08


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Pundit Reveals Bitcoin’s Fair Price Based On High Correlation With The S&P 500 Index

Earlier today, Plan B, an investor and prominent cryptocurrency analyst with wide exposure across media channels, expressed his view on the similarity between market behavior of Bitcoin and the S&P 500 index, a benchmark index of 500 strongest players from America’s industry, which could yield positive results for BTC in the future. He expressed his […] дальше »

2020-6-18 00:55


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This Silver Fractal Suggests Bitcoin Could Soon See a Parabolic Rally

Bitcoin’s well-established consolidation trend is showing no signs of ending anytime soon, as the crypto is still hovering within the mid-$9,000 region Each attempt to break above or below the upper and lower boundaries of its current trading range have been unsuccessful There is, however, one fractal pattern that bodes well for the crypto’s bulls One analyst is pointing to similarities between previous silver price action and Bitcoin for insights into where the benchmark digital […] дальше »

2020-6-18 21:00