Analysts are Still on Edge About Potential Bitcoin Collapse Despite Momentum

2019-6-11 15:07

Save for news that Bitcoin (BTC) news publication CCN is shutting its doors, Monday was quiet for the crypto industry. But, BTC rallied anyway, quickly rushing past $7,800 and $8,000 in rapid succession during the wee hours of Monday morning.

Related Reading: Bitcoin Becomes “Money,” One Satoshi Now More Valuable Than Some National Currencies Due. . .

The post Analysts are Still on Edge About Potential Bitcoin Collapse Despite Momentum appeared first on NewsBTC.

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bitcoin momentum analysts monday despite btc collapse

bitcoin momentum → Результатов: 126


Bitcoin price forecast: BTC could face further correction as momentum weakens

Key takeaways BTC is down 3% in the last 24 hours and is now trading below $108k. The bearish performance comes as momentum in the market continues to weaken. Bitcoin slips below $108k The cryptocurrency market is opening the weekly candle bearish, with Bitcoin and other major cryptocurrencies suffering huge losses in the last 24 […] The post Bitcoin price forecast: BTC could face further correction as momentum weakens appeared first on CoinJournal.

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60% of Bitcoin Options Open Interest Expires in 6 Days; Will Fireworks Ensue?

The crypto market has continued extending its long-held consolidation phase, with this sideways trading largely coming about as a result of Bitcoin’s lack of momentum Analysts are now noting that it may persist further in the near-term, as there are no immediate catalysts for momentum One factor that could lend itself towards shifting this trend is the expiry of 60% of all Bitcoin options next week Close to $1 billion in contracts are expiring on […]

2020-6-20 19:00


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Bitcoin has recovered nearly 13% after scraping its knees on a new 2018 low, but is the current uptick in momentum just a relief rally or the makings of a bullish reversal? Market Overview After scraping the bottom of the barrel last week, Bitcoin appears to have mustered enough short-term momentum to attempt a bull reversal but, at the time of this writing, this is yet to be determined.

2018-7-4 10:00


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Bitcoin Price Analysis: New Low on Low Volume Breeds Potential Bullish Set-up

Bitcoin sits precariously perched at the bottom of the annual market low and many bitcoin investors aren’t sure what to make of it. Although the market seems to be continuing its drift to new lows with greater and greater ease, there are a couple of bullish signals worth considering while the market continues to consolidate: Figure 1: BTC-USD, Daily Candles, New Market LowOn Friday, June 29, 2018, for the first time this year, the daily candles closed below the annual low of $6,000s.

2018-7-1 19:35