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Here’s the Key Level Bitcoin Needs to Close Above to Kick Off an Uptrend

Bitcoin’s price action has been choppy over the past couple of weeks, with bulls and bears reaching an impasse as it consolidates between $10,200 and $11,200 These two levels have proven to be strong support and resistance, and which one is broken first could offer some significant insights into its near-term outlook As for where it may trend in the near-term, one trader is noting that it all depends on its upcoming weekly candle close […] дальше »

2020-9-27 02:00


A Lifelong US Dollar Downtrend Paints Bullish Outlook for Bitcoin

The US dollar is on track for its most significant monthly performance since July 2019. But it continues to feel the pressure from its all-time bearish outlook. Why? A monthly chart of the US dollar index (DXY), a barometer to gauge its performance against a basket of top foreign currencies, shows the greenback in a lifelong downtrend. дальше »

2020-9-25 08:44


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Ethereum Weakens as Analysts Eye Possibility of Major Downside

Ethereum is showing some signs of weakness as its price trades below $380 Breaking above this level was a significant technical development that caused many analysts and traders to flip bullish on the crypto As its weekly candle close fast approaches, however, bears seem to be regaining control over its near-term outlook There’s a high probability that this will cause it to see further near-term downside, potentially striking a blow to its macro market structure […] дальше »

2020-9-21 22:00


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Ethereum Could See Major Weakness if Bulls are Unable to Defend Key Level

Ethereum has seen some immense strength over the past few days, with bulls pushing it as high as $395 before it faced some intense selling pressure that slowed its ascent The cryptocurrency has been unable to garner any significant buying pressure above $390, likely due to Bitcoin’s position beneath its $11,000 resistance Once the benchmark cryptocurrency breaks through, it may create a tailwind that lifts ETH higher The recent launch of Uniswap’s UNI token seems to […] дальше »

2020-9-19 23:00


Hedera now processes 1.5M transactions per day, surpassing Ethereum

Hedera Hashgraph, an enterprise-grade distributed ledger platform, announced significant milestones achieved during the first year since Open Access of the network on September 16th, 2019. Applications Driving Meaningful Transaction Volume Hedera saw dozens of applications go live with the network becoming openly accessible to the public a year ago, with new applications being launched regularly […] CryptoNinjas » Hedera now processes 1.5M transactions per day, surpassing Ethereum дальше »

2020-9-17 18:30


Bakkt’s Physically-Settled Bitcoin Futures in Focus; Hitting A New Record of 15,955 ($200M)

Whenever bitcoin makes a significant move after a period of slow or no movement, the ICE-backed Bakkt records increased activity. And this time has been no different. On Tuesday, the price of bitcoin went as high as $10,940, a level not seen in over ten days, since the digital took a drop from $12,000 right […] The post Bakkt’s Physically-Settled Bitcoin Futures in Focus; Hitting A New Record of 15,955 (0M) first appeared on BitcoinExchangeGuide. дальше »

2020-9-17 17:02


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Bitcoin Could Be Coiling Up for a Move to $11,000 as Bulls Spark Slight Rally

Bitcoin and the aggregated crypto market have been flashing some signs of strength throughout the past day While BTC rebounded hard from its key support at $10,000, ETH was able to climb back up towards the upper-$300 region This marks a notable rise from its recent lows that were set earlier this week Where the market trends in the coming hours and days should provide significant insight into its near-term outlook One analyst is noting […] дальше »

2020-9-11 21:00


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


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Bitcoin is Conducting a “Bullish Retest” as It Hits Critical Support Level

Bitcoin is ardently attempting to hold above $10,000, as this crucial psychological support level has been broken and reclaimed on multiple occasions throughout the past several hours. Earlier today, the cryptocurrency showed some significant signs of weakness as it pushed below this level, with bears sending it as low as $9,900 before it saw a […] дальше »

2020-9-7 19:00


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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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Data Shows “Smart Money” is Looking to Buy Bitcoin at $8,800

It has been a rough past couple of days for Bitcoin and the rest of the crypto market, with bears forcing BTC to dive as low as $10,000 The support found just below this price region was significant, as BTC quickly bounced and ran back towards the upper-$10,000 region Bulls and bears have since reached an impasse, with the cryptocurrency consolidating as it attempts to garner some clearer directionality in the near-term One analyst is […] дальше »

2020-9-5 21:00


Even Bitcoin Fundamentals Are Hinting At a Significant Correction Ahead

Bitcoin just had its largest 48-hour pullback since May 2020, back when the asset’s halving took place. The drop in price has the cryptocurrency now trading below a key fundamental level. A deeper dive into other Bitcoin fundamentals may be hinting that a more severe correction that may have only just started. Here’s what the […] дальше »

2020-9-5 20:00