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The Last Time There Was This Much Dormant Bitcoin, It Rallied to $20,000

Bitcoin has been facing some intense weakness over the past couple of days The benchmark digital asset’s buyers and sellers have been locked within an intense battle around $9,000, with bears ardently attempting to hold it below this crucial support Although this doesn’t bode well for its near-term outlook, its macro outlook remains strong One fundamental metric just reached levels not seen since just before the intense 2017 rally up to $20,000 If history rhymes, […] дальше »

2020-6-29 19:00


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The Last Time This Indicator Emerged, Bitcoin Dropped 50%. It’s Back

Bitcoin has shown some continued signs of weakness today due to its inability to garner any clear upwards momentum It is now hovering within the lower region of its long-held trading range, and it remains unclear as to just how long this support will last for Its latest decline lower has caused it to grow weak from a technical perspective One crucial indicator that has been bullish throughout the past several months just flipped bearish […] дальше »

2020-6-27 21:00


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As Jobless Claims Soar, Bitcoin’s Mid-Term Outlook Remains Gloomy

The United States has seen rocketing unemployment, and it does not appear that this trend is slowing down even as many states and cities begin reopening This signals that the recent shutdowns have done severe damage to the economy, despite the stock market sitting around its all-time highs New data shows that although the number of new jobless claims has dipped slightly in recent times, its decline has not yet been emblematic of any sort […] дальше »

2020-6-26 02:00


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Market Wrap: Bitcoin, Altcoins, US Stocks, & Gold All Fluctuating But Remains in Red

After falling under $9,000 briefly, bitcoin is now trying to stay above $9k. BTC’s losses turned the market red, but as the day progressed, cryptos have been fluctuating between gains and losses. Bitcoin has spent most of its time in the $7,500 and $10,400 price range in the past year, shared trader Satoshi Flipper, who […] дальше »

2020-6-26 23:26


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Analyst: If Ethereum Fails to Rally Now, It May Never Be Able To

Ethereum’s price has seen a notable rebound from its recent lows, but it still remains caught within its wide multi-week trading range Its present lack of strong momentum has been surprising to many investors, as it has been garnering massive utility in recent times This has led one prominent data analyst to explain that it’s becoming “do or die” time for ETH He notes that a failure for it to post a swift rally in […] дальше »

2020-6-24 23:00


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Bitcoin Flipping One Crucial Level into Support Could Spark a Wild Bull Trend

Bitcoin has been able to maintain the gains it posted yesterday after it saw a sharp rally that led it up to highs of $9,800 from its recent lows of $9,200 This movement was unexpected, and certainly boosted the crypto’s bull case That being said, BTC still remains firmly within its long-held trading range Whether or not it is able to sustain this momentum may be dependent on if it is able to flip a […] дальше »

2020-6-24 21:00


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Bitcoin Hits Massive 1,350 BTC Sell Wall; Here’s Why Buyers Won’t Break It

Bitcoin has seen a tempered upswing over the past several hours that has come about in tandem with a rise in the stock market This upwards movement has done little to alter its underlying technical strength, as it still remains squarely within its long-held trading range This move has also led it up against a massive sell wall on Binance, which may slow the cryptocurrency’s ascent and stop it from incurring any notable momentum There […] дальше »

2020-6-23 02:00


This Technical Factor Suggests Bitcoin Will Soon See Explosive Volatility

Bitcoin’s bulls are currently engaged in an intense battle to break above the heavy resistance the cryptocurrency faces at $9,500. The selling pressure seen here has been enough to stop the benchmark digital asset from seeing any type of intense uptrend, but it still remains a possibility that this level is shattered in the near-term. […] дальше »

2020-6-23 00:00


Bitcoin’s On-Chain Indicators Flash Buy Despite Price Stagnation

Despite Bitcoin’s current price stagnation, on-chain indicators favor the bulls, with most holders remaining unphased by market volatility. Bitcoin’s Ambiguous Technical Indicators The technical outlook for the flagship cryptocurrency remains... The post Bitcoin’s On-Chain Indicators Flash Buy Despite Price Stagnation appeared first on Crypto Briefing. дальше »

2020-6-20 21:57


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Bitcoin Largely Remains Uncorrelated to Stock Market, Crucial Data Shows

Bitcoin has shown some signs of being correlated to the stock market over the past few months, especially during times of bear-favoring turbulence This correlation, however, does not appear to be as striking as it seems, as data suggests that its macro-correlation to most traditional assets remains incredibly low One analyst explains that it has moved in tandem with other assets during sharp declines due to the crisis nature of some of these selloffs That […] дальше »

2020-6-18 02:00


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Bitcoin Remains Poised to See Explosive Rally to $11,000 Despite Recent Plunge

After facing an intense influx of selling pressure yesterday, Bitcoin has been able to recover some of its recent losses as it navigates back into the mid-$9,000 region The cryptocurrency is showing some signs of strength due to the rebound seen from its overnight lows Analysts do not believe that this recent movement was enough to invalidate its macro strength, and some are still offering near-term targets as high as $11,000 In order for this […] дальше »

2020-6-13 21:00


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Holding Above This Key Level Could Send Bitcoin to $14,000; Will This Happen?

Bitcoin’s consolidation phase has muddied the clarity that many investors had regarding the strength of its uptrend Because the resistance that has been laced just above BTC’s current price has proven to be insurmountable, it remains unclear as to what could push the crypto past this level Analysts still believe that the crypto’s outlook could be extremely bright In order for it to validate its potential strength, however, it is imperative that buyers push it […] дальше »

2020-6-12 02:00


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3 Macro Factors Show Why Bitcoin Is Poised to Erupt Past $10,500: Analyst

The recent price action has made it easy for investors to flip bearish for Bitcoin for the time being, but a top analyst recently shared that he remains macro bullish on the cryptocurrency. Backing his optimism, he shared the chart below, along with three macro factors showing that Bitcoin is likely still embroiled in a macro uptrend. дальше »

2020-6-10 15:00