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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


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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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Analyst: Chainlink Looks “Weak and Heavy” as It Flashes Signs of Bearishness

Chainlink has witnessed some intense selling pressure throughout the past couple of days, with the cryptocurrency being unable to mirror the gains seen by Bitcoin today. These losses have struck a blow to its technical outlook, potentially opening the gates for it to see further downside in the coming weeks and months. While speaking about […] дальше »

2020-9-16 02:00


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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


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Ethereum is Nearing Crucial Resistance; Rejection Here Could Spark Move to $300

Ethereum’s price is currently struggling to surmount some heavy resistance, which has caused it to lag behind Bitcoin today This resistance, which exists at $380, has hampered its price action on multiple occasions throughout the past few weeks Despite this, because BTC is now nearing $11,000, a break above this crucial level will likely catalyze some intense buying pressure that also creates a tailwind for ETH One analyst noted that this region of resistance between […] дальше »

2020-9-16 23:00


Bitcoin’s Price Action Shows Similarities to 2016; Pointing to a Bullish 2021

Bitcoin’s price has been flashing some major signs of weakness throughout the past few days, with bears continuing to defend against a break above $10,500 This weakness may soon be coming to an end, however, as buyers have now shattered the selling pressure that previously existed at this level While looking towards the asset’s near-term price action, one analyst explained that he sees some striking similarities to 2016 This comparison is bullish because it suggests […] дальше »

2020-9-15 21:00


Bitcoin May Soon Push Higher After Taking Out Key Liquidity Levels

Bitcoin has witnessed some slight instability throughout the past few hours, with sellers rejecting BTC above its key resistance level at $10,500 The decline from its highs shows that this price remains a strong region of selling pressure The likelihood of BTC seeing further downside in the near-term is now significantly higher than what it was previously Some analysts are noting that where it trends next will depend largely on its reaction to a few […] дальше »

2020-9-13 19:00


Analyst: Ethereum Narrowly Avoids Capitulation as Macro Outlook Grows Bright

Ethereum has posted some strong price action throughout the past couple of days, with the cryptocurrency ardently defending against any sharp decline This strength has come about mostly due to the buying pressure found at $320 This price level, and the region directly above it, have helped the crypto to slow its descent and stabilize Bitcoin’s ability to hold above $10,000 has also aided its price action significantly One analyst is now noting that ETH […] дальше »

2020-9-10 23:00


These Factors Suggest Bitcoin is Building Pressure to Make a Massive Move

Bitcoin is once again teetering on the brink of seeing some serious downside, as the cryptocurrency is struggling to hold above its key $9,900 support The benchmark crypto has yet to plunge beneath this level, but the chances of it being broken do appear to be growing by the hour Most investors are anticipating this to result in a move down towards its CME gap at $9,700, which has yet to be filled Filling this […] дальше »

2020-9-9 02:00


Bitcoin Hammers Key Support Level as All Eyes Continue Watching $10k

Bitcoin has once again faced a massive influx of selling pressure that caused its price to dip back towards its key support at $10,000 The cryptocurrency is navigating beneath this level, which means that it may soon once again test its critical support at $9,900 The multiple tests of this level that it has undergone in recent times seems to indicate that significant downside could be imminent One analyst is noting that a failure to […] дальше »

2020-9-8 21:00


Analyst: Ethereum Poised to Dip to $270 as Selling Pressure Mounts

Ethereum has been fully exposed to the weakness seen by Bitcoin and the aggregated crypto market today This has caused it to post some notable losses, with its price reeling down to lows of $325 earlier this morning before bears lost some of their momentum and the crypto rebounded back above $330 Despite some slightly positive price action seen this morning, one analyst is still noting that the likelihood of a decline down towards the […] дальше »

2020-9-8 23:00


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Bitcoin Bears May Soon Be Punished as On-Chain Data Grows Bullish

Bitcoin has seen some incredibly bearish price action throughout the past few days, with the cryptocurrency’s price declining to lows of $9,900 before being able to find some strong support. The buying pressure here did prove to be rather significant, as it allowed the token to rally higher and once again stabilize within the lower-$10,000 […] дальше »

2020-9-6 01:00


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Ethereum May Dive to $295 as Bears Strike a Blow to Its Market Structure

Ethereum has seen some intense selling pressure throughout the past few days, which reached a boiling point overnight when its price declined to lows of $330 The cryptocurrency is now stabilizing following this movement, but sellers appear to be stepping up and catalyzing further selling pressure One analyst is now noting that ETH could decline as low as $295 in the near-term This downside movement may come about as a result of the selling pressure […] дальше »

2020-9-6 22:00


Bitcoin is Poised to Explode Towards $11,000 After Tapping Key Liquidity Region

The crypto market has been battered throughout the past few days, with sellers gaining a serious edge over buyers as they force most digital asset prices lower The strength of this selling pressure has been enough to cause some major altcoins like Ethereum to post monumental losses, with ETH plunging to lows of $330 while Bitcoin briefly broke below $10,000 It is important to note that BTC’s latest breakdown was quickly absorbed by bulls, who […] дальше »

2020-9-6 19:00


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Data: Long-Term Bitcoin Investors Hold Steady Despite $2,000+ Plunge

After a prolonged period of stability and sideways trading within the $11,000 region, Bitcoin finally witnessed an influx of selling pressure that put an end to this consolidation. This caused the cryptocurrency to plummet down to lows of $9,900 earlier today, at which point buyers stepped up and slowed its descent. From here on out, […] дальше »

2020-9-5 05:00


Analysts Set Their Sights on a Move to $9,600 as Selling Pressure Mounts

Bitcoin has been facing unusually strong selling pressure throughout the past few hours, which appears to be coming from multiple large mining pools This caused the price of BTC to crater, dropping as low as $10,700 before finding some support that allowed it to climb significantly higher One analyst is now noting that this latest decline struck a blow to its technical outlook, leading him to set his sights at $9,600 A decline to these […] дальше »

2020-9-4 02:00


Analyst: Ethereum Now Entering a Macro Correction as Selling Pressure Mounts

Ethereum has been hit hard by the latest selloff, with the cryptocurrency’s price plunging to its critical $400 support before posting a slight rebound This price action has done little to offer insight into ETH’s mid-term trend, but it did strike a blow to the bull case that has been mounting over the past few weeks Analysts are now conflicted as to where it may trend in the near-term, which may depend largely on its […] дальше »

2020-9-4 23:00


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Bitcoin Plunges Below $11,000 as Selling Pressure from Miners Ramps Up

After facing some slight turbulence yesterday, Bitcoin incurred a massive rush of selling pressure today that sent its price reeling down to lows of $10,700 This movement came about in the form of a sharp selloff following a prolonged bout of sideways trading within the lower $11,400 Analysts are now noting that the market is now at serious risk of seeing further downside This comes as multiple large BTC mining pools begin offloading their holdings […] дальше »

2020-9-4 21:00


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Here’s How Low One Analyst Expects Bitcoin to Plunge in the Mid-Term

It has been a rocky past few days for Bitcoin, as the benchmark cryptocurrency dropped as low as $11,100 following yesterday’s surge to highs of $12,200 This weakness came about in the form of a slow descent down to $11,700, which is the point at which it incurred a massive inflow of selling pressure Bulls were able to defend its $11,100 support, and where it trends next may depend largely on whether or not it […] дальше »

2020-9-3 02:00


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Ethereum Posts Strong Reaction to Key Support Level, But Risk of Downside Remains

Ethereum and the entire crypto market saw a sharp selloff overnight that caused ETH and most other major altcoins to erase their recent gains This selling pressure struck a lethal blow to the uptrends seen by both major and minor altcoins alike That being said, Ethereum and Bitcoin have both been able to remain above multiple key support levels As such, analysts are noting that bulls may be firmly in control, and may help guide […] дальше »

2020-9-3 23:00


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Bitcoin Bulls Remain in Full Control as Long as They Defend a Few Key Levels

Bitcoin has witnessed intense inflows of selling pressure throughout the past several hours on news of Bithumb’s Korean offices being “raided” by authorities Although it remains unclear as to why the raid took place – or why Bitcoin investors should care – it instantly led fear to spread throughout the industry This created shockwaves that caused many other digital assets to plunge lower as well, with Ethereum at one point dropping from highs of $480 […] дальше »

2020-9-3 21:00