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Bitcoin Just Broke Its Short-Term Downtrend; Here’s How High It Could Rally

Bitcoin was finally able to recapture its position above $9,000 after an extended period of trading beneath this level The cryptocurrency now appears to be gearing up for a big push higher as it maintains a firmly bullish market structure This bullishness could be further bolstered by its recent ability to break above a descending trendline that had previously been guiding it lower After making multiple attempts to break back above $9,000, Bitcoin buyers were […] дальше »

2020-5-14 02:00


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Outlining a Bullish Wave Count for Bitcoin

The Bitcoin price has reached a descending resistance line that has been in place for more than two years. A breakout above this line would have major bullish implications for the future price. Well-known trader @crypto_rand outlined a BTC chart that shows a possible bullish pennant, which he believes could cause a breakout, giving a […] The post Outlining a Bullish Wave Count for Bitcoin appeared first on BeInCrypto. дальше »

2020-5-6 23:20


Litecoin may be in for correction to $40-level as descending channel struggles to hold

Since the crash, all the major crypto-assets have been on a recovery path for more than a month now. Over the month, the seventh-largest cryptocurrency, Litecoin also underwent a significant rise overThe post Litecoin may be in for correction to $40-level as descending channel struggles to hold appeared first on AMBCrypto. дальше »

2020-4-28 02:00


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Bitcoin on Brink of Serious Downside as Risk of Losing Support Grows

Bitcoin is at risk of seeing further downside as it tests a key descending trendline Some top traders are warning of BTC posting major losses in the coming days and weeks In the time following the tempered signs of weakness Bitcoin showed yesterday when it dipped below its key support at $7,200, the benchmark cryptocurrency has further extended this downtrend as bulls now defending against a dip below $7,000. This weakness has led BTC down […] дальше »

2020-4-21 21:00


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Bitcoin Breaks Out Above Resistance — Is $8,000 Just Around the Corner?

On April 1, the Bitcoin price initiated an upward move that caused it to break out above its descending resistance line and with it the symmetrical triangle it had been trading in since March 20. Bitcoin Price Breakout Last night, the Bitcoin price broke out from the possible symmetrical triangle it has been trading in […] The post Bitcoin Breaks Out Above Resistance — Is $8,000 Just Around the Corner? appeared first on BeInCrypto. дальше »

2020-4-2 12:53