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Ethereum Could Form a Massively Bullish Pattern if Bulls Defend Key Level

Ethereum saw an incredibly intense decline yesterday that sent its price plunging to fresh multi-week lows This selloff came about in tandem with the flash crash seen by the entire altcoin market, which may have come about due to XRP’s 50%+ one-day decline Other major altcoins – like Chainlink – posted massive losses that resulted in deep downwards wicks on their candle charts, likely due to on-chain short liquidations ETH is now in the process […] дальше »

2020-12-27 01:00


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Analyst: Ethereum Likely to Begin Outperforming Bitcoin as Strength Mounts

A trend of underperformance against Bitcoin has plagued Ethereum as of late, which has caused buyers to show signs of capitulation Where the ETH trends in the mid-term should depend largely, if not entirely, on whether or not BTC continues rising in isolations Bitcoin’s massive rise as of late has not done much to boost altcoins, as many are still showing signs of weakness at the moment This weakness has been apparent while looking towards […] дальше »

2020-12-24 01:00


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Recent Bitcoin Transaction Shines Light on Institutional Accumulation Trend

Bitcoin’s price has been fairly stable below $24,000, with sellers being unable to firmly degrade its strength despite the weakness seen across altcoins BTC’s dominance has been rising rapidly as it sucks the oxygen out of the room, with analysts widely targeting continued strength against altcoins However, Bitcoin still has some major hurdles in its path that may continue hampering its growth and stopping it from seeing any massive uptrend This includes the massive resistance […] дальше »

2020-12-24 21:00


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Debunking David Rosenberg’s belief “the future supply curve of bitcoin is unknown”

After bitcoin (BTC) recently set new highs, David Rosenberg, the chief economist, and strategist at Rosenberg Research & Associates has come out to bash the coin. He went on an interview on December 17, where he said Bitcoin is a massive bubble and that its investors do not understand how its supply works. дальше »

2020-12-21 11:01


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Bitcoin Rallies Towards $24,000 as Market-Wide Uptrend Continues

Bitcoin saw a massive surge higher earlier today that allowed it to break above $24,000 for the first time Where the aggregated crypto market trends in the mid-term may depend largely on whether or not buyers can flip $24,000 into a support level It does appear that the selling pressure just above here is quite intense and may cause it to see continued weakness One trader is now pointing to the resistance just above where […] дальше »

2020-12-20 21:09


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Chainlink Could Rocket Higher if It Breaks Above One Key Level

Chainlink has been underperforming Bitcoin and the aggregated crypto market as of late, with its price action largely mirroring that of the rest of the altcoin market. While Bitcoin captures investors’ attention with its massive uptrend, major altcoins like Ethereum and LINK have been underperforming, facing inflows of selling pressure as traders chase the BTC […] дальше »

2020-12-19 02:00


Analyst Expects Ethereum to See Massive Gains as It Taps “Final” Demand Zone

Ethereum’s price action has underperformed that of Bitcoin as of late, which is a common trend amongst all the major altcoins There’s no question that BTC’s ongoing rally is creating some tailwinds for altcoins, although it has not been enough to spark any parabolic ETH movement This has caused the cryptocurrency to flash some major signs of weakness against its Bitcoin trading pair, which is now sitting within a key long-term demand zone One analyst […] дальше »

2020-12-19 23:00


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$800m Liquidated: Bitcoin’s Rally to All-Time Highs Leaves Trail of Bear Blood

Bitcoin saw some potent price action yesterday, with bulls sending it rallying from the mid-$20,000 region to highs of $23,700 The selling pressure here proved to be quite significant and slowed its growth, but the cryptocurrency does appear to be poised to see further upside One analytics firm explained in a recent tweet that a massive onslaught of short-sided liquidations fueled this movement Over the past few days, over $1 billion in short positions have […] дальше »

2020-12-18 21:00


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Major Exchanges Experience Technical Issues as Bitcoin Price Drives in Massive Traffic

Bitcoin has finally broken the $20k resistance level. The record-breaking price caused massive traffic on a myriad of crypto exchange platforms like Binance and Coinbase. Bitcoin All-Time Price High Causes Issues on Binance For weeks now, many crypto enthusiasts have been hoping that the price of bitcoin would scale the $20k resistance barrier. дальше »

2020-12-18 10:00


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Bitcoin Likely to See Price Discovery in 2021; Analysts Foresee Local Top

Bitcoin is officially in full parabolic rally mode, with the cryptocurrency’s recent break above $20,000 giving way for it to see a massive rise Its price rallied as high as $23,700 overnight before facing a steep rejection that sent it spiraling down to lows of $22,400 The buying pressure here was intense, and has since allowed it to rally higher It is important to note that although the crypto did face a rejection, it is […] дальше »

2020-12-18 21:00


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Bitcoin’s Value Surpasses $23,700, Critics Claim Its a ‘Bubble,’ Onchain Analyst Says $100K Prices ‘Ridiculously Low’

The crypto economy has gained a massive amount of value during the last few days, as the aggregate market cap of all 7,500+ digital assets is a whopping $640 billion on Thursday. Meanwhile, the largest blockchain in terms of valuation, bitcoin has touched an all-time high of $23,777 rising more than 22% in 24 hours. дальше »

2020-12-17 18:45


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Ethereum Breaks Out of Bullish Triangle as CME Futures Listing Boosts Price

Ethereum saw a massive rally today that has allowed its price to firmly break above $600, which has long been a resistance level Following the break above this resistance, the cryptocurrency rallied as high as $630 before its rally got overextended and resulted in it retracing down towards $615 It is recovering from this pullback, but the price just above where it is currently trading at may persist as a strong resistance level in the […] дальше »

2020-12-17 00:00


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Peter Schiff Blames Government for the Massive Dollar Depreciation — Still Refuses to Accept BTC is Digital Gold

Gold bug and bitcoin opponent Peter Schiff says the U.S. government’s actions in the past 78 years are partly responsible for the massive depreciation of the U.S. dollar. Using a medical bill from 1942 to illustrate the extent of the dollar’s decline, Schiff says the $70 paid to foot hospital expenses that year was equal […] The post Peter Schiff Blames Government for the Massive Dollar Depreciation — Still Refuses to Accept BTC is Digital Gold appeared first on Bitcoin News. дальше »

2020-12-14 12:30


Bitcoin’s Short-Term Outlook is Dangerous for Bulls; Here’s Why

Bitcoin has flashed some signs of tempered strength throughout the past few days, with bulls ardently defending against a sustained drop below $18,000 The buying pressure below this level was tempered and only sparked a slow climb higher Until the crypto can reach a level that kicks off a massive buying spree that creates another “V-shaped recover,” there’s a possibility that it will see further weakness One trader is now noting that a move lower […] дальше »

2020-12-13 22:00