2021-1-1 21:54 |
Bitcoin price continues to chase after $30,000 but continued rejections below the key level are negatively impacting altcoin prices. origin »
2021-1-1 21:54 |
Bitcoin price continues to chase after $30,000 but continued rejections below the key level are negatively impacting altcoin prices. origin »
Bitcoin has seen some intense turbulence throughout the past few hours, with the selling pressure seen in the mid-$19,000 region once again proving to be too much for it to handle The crypto has been caught within a persistent bout of consolidation throughout the past few days, with bulls guarding the mid-$18,000 region as bears continue building massive sell walls around $19,500 The frequency of the rejections seen at this price region is a grim […]
2020-12-5 21:00 | |
Bitcoin has seen some wild price action throughout the past few days and weeks, with the selling pressure seen at its all-time highs sparking multiple rejections Neither of the rejections seen at this level have done much to change the crypto’s trend, as it continues pushing higher each time Where the entire market trends next will depend largely on whether or not BTC can stabilize within the lower-$19,000 region Each visit to its highs degrades […]
2020-12-2 02:00 | |
Bitcoin’s price has been flashing signs of immense weakness throughout the past few days, with the recent $19,500 rejections sending it reeling lower as analysts watch for further downside. The rejection just below its all-time highs was certainly what sparked the ongoing correction, but some other factors are at play here. One such factor is […]
2020-11-28 02:00 | |
Bitcoin’s price is now trading firmly above $16,000. This marks a notable technical breakout that could indicate significantly further upside is imminent in the near-term. This level has long been holding strong as resistance, with the selling pressure here catalyzing multiple potent rejections throughout the past few days and weeks. If buyers can flip this […]
2020-11-12 19:39 | |
Traders are becoming cautious about Bitcoin price after repeated rejections at the $11,500 level following the recent rally.
2020-10-15 16:52 | |
Decentralized finance coins based on Ethereum have undergone strong rejections over recent weeks. Nothing shows this as well as the price action of Yearn. finance (YFI), which has almost halved since its highs of $44,000 set just weeks ago.
2020-10-2 06:00 | |
Bitcoin risks a larger pullback in the fourth quarter due to the confluence of bearish technical structures and macro uncertainty.
2020-10-1 19:13 | |
Bitcoin’s price action has given investors mixed signals as of late, with the benchmark cryptocurrency oscillating between $10,000 and $11,000. The resistance found at the upper boundary of this trading range has proven to be quite significant, as it has catalyzed numerous rejections throughout the past few weeks.
2020-9-18 05:00 | |
Although Bitcoin’s reaction to $11,000 sparked a slightly harsh rejection, Ethereum’s price has remained rather stable around its $380 resistance level This resistance has held strong on multiple occasions throughout the past few days and weeks, with rejections here catalyzing some of ETH’s largest declines The importance of this level cannot be understated, but whether or not it is broken may depend largely on Bitcoin’s continued reaction to $11,000 Analysts are noting that ETH does […]
2020-9-18 23:00 | |
Bitcoin and the entire cryptocurrency market have been seeing some rather mixed price action in recent weeks. Although the benchmark digital asset currently remains caught within a prolonged consolidation phase within the upper-$11,000 region, it has been facing multiple rejections at $12,000 that have hampered its near-term outlook.
2020-8-17 01:00 | |
The entire cryptocurrency market – including Bitcoin – is currently witnessing some slight downwards pressure that has slowed BTC’s ascent The benchmark cryptocurrency is facing what appears to be insurmountable resistance at $12,000 Each attempt that bulls have made to break through this level has resulted in firm rejections that send its price reeling down towards the mid-$11,000 region Despite showing some signs of weakness, the cryptocurrency remains well-positioned to see further near-term upside – […]
2020-8-12 21:00 | |
Bitcoin’s rebound from its mid-March lows has led the cryptocurrency to climb up towards $8,000 – a price point that is proving to be a major resistance level for BTC. This resistance has led the crypto to face multiple harsh rejections here, although buyers have remained largely unphased due to the strength of this recent...
2020-4-28 02:00 | |
Bitcoin's climb above $9,000 was seen after 4 rejections. However, since its successful breach on January 28, the price has managed to stay above it. Moreover, this has led to the creation of a new ATThe post Bitcoin to retest $9,100 support; more dips incoming appeared first on AMBCrypto.
2020-2-1 18:00 | |
Ethereum’s price action has been largely bearish over the past several days and weeks, with ETH facing multiple strong rejections that have pointed to some underlying weakness amongst the cryptocurrency’s bulls.
2019-12-28 23:00 | |
Bitcoin is on slippery ground after two weekly losses in a row and multiple rejections at key price resistance.
2019-11-11 15:00 | |
HOT/USD market has been experiencing a series of rejections after hitting a strong point around its upper range spot. A sudden pull-up of price action has been generating a good entry for the crypto bears to gain an advantage at reversions.
2019-7-13 07:54 | |
ZRX/USD market has recorded wandering movements on three consecutive days of trading. There have been much price rejections between the $0.35 and $0.40 trade territories of this cryptocurrency. ZRX/USD Long-term Trend – Ranging Distribution territories: $45, $50, $55 Accumulation territories: $20, $15, $10 During the active price actions of the ZRX/USD market, a chain of […]
2019-6-30 14:00 | |
Over the weekend, Bitcoin price yet again shocked the crypto market and breached the important psychological resistance at $10,000, and soon after tested above $11,000 before a pair of violent rejections below.
2019-6-25 23:00 | |
The bulls' energy hasn't been exhausted totally in the MKD/BTC market. The KMD/BTC market may experience rejections around projected areas of between $0. 00025 and $0. 0003 points. KMD/BTC Long-term Trend – Bullish Distribution territories: $0.
2019-6-8 19:12 | |
In the Bitcoin industry’s Sisyphean struggle to secure a Bitcoin exchange traded fund (ETF), the boulder is rolling back down the hill. The U. S. Securities and Exchange Commission (SEC) posted a notice today, May 20, 2019, that it is delaying its decision on the VanEck and SolidX Bitcoin ETF proposal.
2019-5-21 00:19 | |
Bitcoin could be in for a price pullback, having faced rejection at the June 2018 bottom for three consecutive days.
2019-5-6 14:00 | |
Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections.
2019-3-29 02:21 | |
Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume.
2019-3-19 01:17 | |
Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation.
2019-3-16 01:56 | |
After days and days of consolidation, bitcoin finally managed to break a new high for the first time in almost two weeks. This new high, so far, has been short lived, however, as it was almost immediately sold into by eager bears:Figure 1: BTC-USD, 4-Hour Candles, New HighOur current 4-hour candle is seeing a relatively easy retracement after days and days of an upward grind.
2019-3-9 02:08 | |
Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above.
2019-2-26 02:42 | |
BNB/USD Long-term Trend – Ranging Distribution territories: $12, $13, $14 Accumulation territories: $6, $5, $4 Since February 10 while BNB/USD trade managed to slightly surge past $9 mark, the crypto has been experiencing price range movements.
2019-2-17 12:01 | |
Having met the U. S. Securities and Exchange Commission (SEC) in August 2018, officials of VanEck, SolidX and Cboe BZX Exchange have met with the Commission again, in the latest attempt to convince the regulator to approve the nation's first bitcoin exchange-traded fund (ETF), according to an official presentation submitted to the SEC.
2018-12-1 01:17 | |
Gabor Gurbacs is confident that the approval of a bitcoin exchange traded fund (ETF) is inevitable. And he’s optimistic that the VanEck SolidX Bitcoin Strategy will be the first to deliver one to the world.
2018-11-17 01:42 | |
In the latter half of 2018, few developments have occupied crypto investors’ headspaces like the industry’s indefatigable pursuit of a bitcoin exchange traded fund (ETF).
2018-11-9 20:03 | |
Another week has passed as bitcoin continues to coil in a tighter and tighter consolidation. Both price and volume continue to consolidate as bitcoin decides where the next major move will be.
2018-10-31 00:19 | |
An exchange-traded bitcoin fund (ETF) would signal greater acceptance of bitcoin as a mainstreet investment, while also making it much easier for both institutional and retail investors to get involved.
2018-10-6 01:07 | |
Bears remain fully in control of Bitcoin price, yet somehow, the $6,000 support is holding…for now. Bitcoin Price: 4-Hour Chart After posting a daily high at $6,460, bitcoin price fell below the wedge formation and constant rejections at the 20-MA have kept BTC in the pattern of lower lows.
2018-9-12 13:00 | |
Bears remain fully in control of Bitcoin price, yet somehow, the $6,000 support is holding…for now. Bitcoin Price: 4-Hour Chart After posting a daily high at $6,460, bitcoin price fell below the wedge formation and constant rejections at the 20-MA have kept BTC in the pattern of lower highs.
2018-9-12 13:00 | |
Let’s be honest, unless you’re short, yesterday was catastrophic. Bitcoin was just shy of breaking $7,500 and taking the rally up another leg then unexpectedly plunged 13% and now we’re below $7k, again… Bitcoin Price Market Overview Prior to the dump, Bitcoin price BTC/USD was experiencing continued rejections as it approached $7,400 but who would have known the pullback would be this severe? Ideally, after a 27%+ run, consistent rejections signal that bulls are running Read More The post Bitcoin Price Analysis: Picking Up the Pieces appeared first on Bitcoinist.com.
2018-9-7 13:00 | |
In an effort to expand its institutional services, Coinbase is joining an industry chase for the ever-elusive bitcoin exchange traded fund (ETF). As reported by Business Insider, the cryptocurrency exchange provider has been liaising with BlackRock, a U.
2018-9-7 00:16 | |
Bitcoin investors were able to sleep easier these past seven days, as the price of bitcoin managed to remain firm for the second consecutive week, gaining four percent week-on-week. Crypto Market Gaining Traction Bitcoin booked gains this week despite the SEC rejecting several newly proposed Bitcoin ETFs.
2018-8-28 19:00 | |
Bitcoin price briefly broke above $7000 August 28, hitting a new high of $7051 on major exchanges – its highest since August 7. ETF Fever Decouples From Bitcoin Price Data from Bitcointicker and other sources confirm the multi-week highs for Bitcoin , which curiously come on the back of multiple rejections of exchange-traded fund applications by US regulators last week.
2018-8-28 16:00 | |
Bitcoin price appears to be little affected by negative news coming out from the SEC concerning the possibility of a Bitcoin ETF. Multiple ETF Rejections Not Enough to Trigger Bitcoin Selloffs Negative news coming out one minute and BTC price taking a tumble the next minute.
2018-8-25 22:00 | |
At press time, the largest cryptocurrency by market cap is trading in the $6,400 range and is virtually unchanged from yesterday and the day before. $6,400 is obviously a comfortable spot for bitcoin; it has remained here for some time and isn’t showing any signs of moving.
2018-8-23 21:26 | |
Bitcoin's defense of the key support at $6,230 despite bad news has left the doors open for a rally to recent highs above $6,800.
2018-8-23 14:00 | |