Will Bitcoin (BTC) Hold the Confluence Floor Model at $27,688?

The cryptocurrency market - like most traditional markets - is experiencing a strong crash. Most of the levels at which analysts expected a rebound for Bitcoin has already been lost. BTC is today firmly below the summer 2021 lows of $29,000.

535 +

What AAVE falling below December 2020 lows can mean for investors

AAVE is attempting to recover after a heavily bearish performance in the last seven days, during which it tanked to pre-2021 lows. The cryptocurrency dipped as low as $65.8 a few hours ago as the bearThe post What AAVE falling below December 2020 lows can mean for investors appeared first on AMBCrypto.

512 +

Cardano: Why ADA might be in for further correction as it breaches 2022 lows

Just when you think that ADA can’t possibly go lower, the cryptocurrency market pulls a surprise bearish move, sending it to new 2022 lows. The cryptocurrency has now extended its decline by 45% froThe post Cardano: Why ADA might be in for further correction as it breaches 2022 lows appeared first on AMBCrypto.

446 +

Bitcoin price prediction amid taking another leg lower

Bitcoin took another leg lower this weekend, and it now trades close to its 2022 lows. After reaching $40,000 in May, it dropped sharply on generalized US dollar strength. Because Bitcoin is the leading cryptocurrency, its fluctuations influence the entire cryptocurrency market.

395 +

Avalanche (AVAX) eyes $100 as crypto market rallies

The cryptocurrency market has made significant gains during the past 24 hours. These gains have led to the majority of the market trading green, and most coins have recovered slightly from previous lows.

452 +

Cardano Whales Hoard During Plunge?, What Could Save ADA From Further Losses

Cardano investors have been heavily impacted by current market conditions with ADA losing its spot in the top 5 crypto by market cap. After an impressive rally during 2021, this cryptocurrency has lost critical zones and could return to previous lows.

835 +

Cardano (ADA) Ready For Rally Towards $1.50? What Indicators Are Saying

Cardano (ADA) has not been on the best of trends lately. In fact, since the digital asset touched its high above $3 in September 2021, it has been a continuous trend of heartbreak for its holders. Every slight upward recovery has been marked by a deeper dip, sending the cryptocurrency towards new lows each time.

596 +

Quant (QNT) attempts a breakout past former lows with a 14% gain

Quant (QNT/USD) has been gaining significantly during the past few days thanks to the support created by the broader cryptocurrency market. QNT is still over 70% below its all-time high created in September last year.

507 +

Top analysts’ outlook on Bitcoin as fresh bounce takes BTC above $39k

Bitcoin has bounced from new weekly lows of $34,700, racking up over 10% in gains overnight Thursday. The benchmark cryptocurrency has hit an intraday high of $39,610 in early trades Friday, with the broader crypto market recording an upside alongside stock markets.

615 +

Over 30% of Bitcoin supply now in loss amid crypto price rot

Bitcoin’s recent struggle since dipping below has seen more of the coin’s supply shift from a position of profitability, with 30%+ of supply in a loss. The cryptocurrency is trying to bounce above support-turned-resistance level around $38k, having fluctuated to lows of $36,350 amid broader market sell-off early Tuesday, According to on-chain analytics platform Glassnode, […] The post Over 30% of Bitcoin supply now in loss amid crypto price rot appeared first on Invezz.

551 +

After bouncing from January lows, Bitcoin tests $45K

After beginning the year above $47K, the price of Bitcoin lost more than a quarter of its value as January unraveled, and the cryptocurrency revisited the $33K territory. The post After bouncing from January lows, Bitcoin tests $45K appeared first on CryptoSlate.

412 +

Here’s Why Bitcoin Won’t Ever See Another March-Style Selloff Event

Bitcoin has come a long way from where it was just under one year ago, with the March 12th selloff sending the cryptocurrency to lows of $3,800 – from which point it has seen exponential upside growth.

383 +

Bitcoin Needs to Bounce Here Or It May Not Be a “Proper Bull Market”

Bitcoin has resumed its descent to the downside as legacy markets have opened in the red once again. The leading cryptocurrency has been flirting with $10,000 all morning, nearing the trend lows. The cryptocurrency is reaching pivotal supports as it continues its descent.

395 +

This Alarming Pattern Suggests Bitcoin Could Soon Crater Lower

As Bitcoin continues its range-bound trading phase, traders are placing their bets on which direction it will trend next This consolidation has caused the cryptocurrency’s volatility to plunge to lows not seen in over a year It is unlikely that this trend will last for too much longer, as extended bouts of sideways trading are typically followed by massive movements One technical pattern that is strikingly similar to that seen in 2019 is now suggesting […]

435 +

Industry Executive Doubles Down: Bitcoin Will Hit $50,000 in 2020

After a strong rally from the March lows, Bitcoin has stopped trending higher. For the past two months, the cryptocurrency has been caught in a 15% range that it has barely deviated from. The consolidation has been met with assertions by analysts that BTC has lost its momentum.

380 +

The Last Time This Metric Was This Low, Bitcoin Bottomed at $3,200

The past two months have been a confusing time for Bitcoin investors. The cryptocurrency has traded between a rock and a hard place, barely deviating from the range lows of $8,500 and the highs of $10,000.

350 +

Bitcoin Cash (BCH) Hits New All-Time Lows, But Everything’s Not Lost

The fifth-largest cryptocurrency by market cap, Bitcoin Cash (BCH), recently dropped to levels not seen in its 3-year history. Still, a particular technical pattern suggests it is time to buy....

501 +

Last Time This Technical Sign Flashed, Bitcoin Dumped 60%. It’s Nearly Back

After a more than 150% rally from March’s lows, Bitcoin’s upward momentum has petered out over recent weeks. For nearly two months, the cryptocurrency has been caught in a tight range between $8,500-10,000.

402 +

How The Pandemic Killed The Bitcoin Bull Run, According To Crypto Pundit

From the lows recorded in mid-March, bitcoin (BTC) is up by a whopping 120% at the time of publication. Even so, the cryptocurrency has not staged a steady uptrend. In fact, BTC has been stuck in a bout of sideways trading over the last three-plus months despite showing signs of a bull trend as it […]

748 +

XRP Has Been in a Macro Downtrend For Almost 1,000 Days: Analyst

From the lows made in March, XRP is up by over 50%, trading at $0. 18 as of this article’s writing. Yet this bounce has not convinced analysts that the cryptocurrency is back in a bull market.

760 +

53% of Bitcoin Options Just Expired, Marking a Historic Milestone

Bitcoin and Ethereum just saw their largest respective options expiry ever, marking a major milestone for the cryptocurrency market This expiry took place earlier today and it did not coincide with any intense volatility, despite what some analyst had forecasted It now appears that the volatility associated with this event did occur earlier this week It is possible that the options expiry, and investors’ anticipations about it, helped fuel the recent Bitcoin decline to lows […]

782 +

Ethereum Narrowly Avoids a Breakdown; Here are the Levels to Watch

Ethereum and the entire cryptocurrency market faced some turbulence yesterday as Bitcoin declined beneath its range lows of $9,000 This movement proved to be short-lived, as the buying pressure found here quickly propelled the cryptocurrency back up into its long-held trading range Although this hasn’t provided the markets with any clear direction, it did allow ETH to narrowly avoid posting a major breakdown The second-largest crypto was able to bounce at a critical support level, […]

461 +

Cryptocurrency price update: Ethereum and XRP

Bitcoin slumped to lows of $8,980 on Wednesday, the decline dragging the rest of...

The post Cryptocurrency price update: Ethereum and XRP appeared first on Coin Journal.

391 +

Bitcoin Balance on Exchanges Hits A New 1-Year Low, Bull Market in the Making?

The market is green this week. Bitcoin is currently trading just above $9,600, up 1. 46% but on the back of $1. 6 billion spot trading volume. While the price is trending up, the BTC balance on cryptocurrency exchanges continues to decline to hit new 1-year lows.

463 +

Do or Die For XRP: Buy Signal Triggers As New Low Is Set

XRP has earned among the most negative reputations in the cryptocurrency space. Between being the worst-performing asset in the space, and notorious for the cryptocurrency’s parent company selling down each rally, the asset often referred to as Ripple keeps reaching new bear market lows.

419 +

Analyst Who Predicted Bitcoin’s 150% Bounce From March Lows Is “Still Long”

When Bitcoin crashed to $3,700 in March, many were quick to throw in the towel. There was one prominent analyst that said that looking at the charts, he saw a good likelihood the cryptocurrency was to fall under $1,000.

453 +

Tether strongly correlates with future returns on major crypto pairs

Tether remains the most controversial stablecoin in the cryptocurrency industry. When the whole market crashed to extremes lows, it was Tether, whose supply grew as it climbed all the way up to positiThe post Tether strongly correlates with future returns on major crypto pairs appeared first on AMBCrypto.

423 +

Bitcoin Could Teleport Straight to $8,000; Here’s What Traders are Saying

Bitcoin’s consolidation phase has shown no signs of letting up anytime soon, as it has been hovering around $9,400 ever since it was able to rebound from its recent lows of $8,900. It is important to keep in mind that the cryptocurrency has been forming lower highs over the past several weeks. First it posted […]

504 +

Bitcoin Confirms Bullish Wedge Fractal, Making $10,500 a Real Possibility

Bitcoin has slipped by more than 9 percent from its quarter-to-date top near $10,428. The move downhill has initiated a short-term downtrend with eyes towards $8,600. Nevertheless, the cryptocurrency is leaving behind a trail of lower highs and lower lows, forming a bullish wedge.

663 +

Bitcoin Avoids Forming a Death Cross; Instead Confirms Bullish Triangle Pattern

Bitcoin’s sharp decline seen yesterday put it in peril of losing its macro technical strength and seeing even further downside The cryptocurrency has been able to largely invalidate this weakness, as it is now pushing up towards its previous consolidation channel Its strong reaction to its recent lows allowed it to narrowly avoid forming a so-called “death cross” on its cloud indicator It also confirmed the existence of a bull-favoring ascending triangle that could fuel […]

634 +

These On-Chain Indicators are Flashing Warning Signs for Bitcoin’s Strength

Bitcoin’s on-chain indicators are flashing some signs of weakness despite the cryptocurrency’s sharp rebound from its recent lows. BTC has been subjected to some heavy volatility over the past several days, plunging to lows of $8,900 yesterday before rebounding up to the mid-$9,000 region.

540 +

Analyst: Bitcoin Is Primed to Drop Under $9,000 Again After the Strong Bounce

Bitcoin has seen a strong recovery since plunging nearly $1,000 in approximately 12 hours earlier this week. As of the time of this article’s writing, the leading cryptocurrency trades for $9,500 — around 5% higher than the local lows.

437 +

Top Analyst Predicts Bitcoin Could Drop Another 10%: Here’s Why

A prominent cryptocurrency analyst thinks that Bitcoin is primed to fall lower after June 11th’s 10% drop, despite the 5% bounce from the lows. He remarked in a post published on June 12th that the cryptocurrency has lost the support of a short-term ascending triangle, and thus is primed to fall to the range lows of $8,575.

898 +

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 […]

732 +

These Four Technical Signs Show Bitcoin Rallying to $15,000 Is Imminent

After rallying just over 150% from March’s capitulation lows, the Bitcoin bull trend has tapered off over recent weeks.   Instead of a clear uptrend, the cryptocurrency has found itself caught in a tight range with deviations from said range failing.

636 +

Bitcoin Set to Break $10,000 as Dollar Dips to Three-Month Lows

Bitcoin experienced a brief bull run above $10,000 on Wednesday. The cryptocurrency dipped back below $10,000 due to $14 million worth of shorts liquidations on BitMEX. Nevertheless, BTC/USD retained its upside target towards $10,000 as the Federal Reserve’s commitment to keeping interest rates near zero until 2022 drove the U.

716 +

Bitcoin Prints Two Technical Trends Last Seen at the Start of the Rally to $20,000

While Bitcoin is trading more than 150% above its March lows, there have been some doubts that the cryptocurrency is going to enter a full-blown bull run. Skeptics of the bull case cite trends like the economy, which still remains in a dismal shape despite trillions of dollars worth of stimulus from the world’s governments.

708 +

Last 2 Times This On-Chain Signal Appeared, Ethereum Crashed. It’s Back Again

Ethereum has been on an extremely strong rally since the March lows, recovering to a local high of $250 from $88. This nearly 200% performance has allowed the cryptocurrency to strongly outperform any other established and investable asset.

635 +

Ethereum Looks Like BTC Did Before the $20k Run: Here’s Why ETH Won’t Rally

It’s been an extremely explosive past few weeks for Ethereum. The second-largest cryptocurrency is up more than 170% from the March lows of ~$88. This is a performance that has allowed it to outperform basically any other investable/public asset worth $10 billion or more, even Bitcoin.

500 +

Decision Time: Top Crypto Traders Expect Massive Bitcoin Move In Days Ahead

For forty days and forty nights, Bitcoin price has been trading above $8,000 but has repeatedly failed to hold above $10,000. A series of higher lows has kept buying strong, but the cryptocurrency has failed to gain the momentum it needs to break through the critical resistance. The push and pull of buyers and sellers...

435 +

Low Cap Altcoins Are Dominating Bitcoin in 2020: Here’s Why It Won’t Continue

Even though Bitcoin has seen an explosive move higher since the $3,700 March lows, altcoins are actually largely outperforming the market leader. This trend has contradicted sentiment that BTC leads the cryptocurrency market higher in bull runs.

570 +

There Are Three Fundamental “Waves” That Could End Ethereum Bears in the Long Run

Although Ethereum has embarked on an impressive 170% rally since March’s lows, the cryptocurrency remains more than 80% below its all-time high of $1,430. With such a strong retracement from its all-time highs, there have been some skeptics questioning if ETH will ever hit a new all-time high.

569 +

XRP's 3-month consolidation nears its end

The fourth-largest cryptocurrency - XRP, has largely been moving sideways for the last 30 days. Even on a higher time frame, the same can be observed. The price has touched multi-year lows in the lastThe post XRP's 3-month consolidation nears its end appeared first on AMBCrypto.

678 +

Here’s Why Bitcoin’s V-Shaped Recovery from $3,800 Spells Trouble for What’s Next

Bitcoin has now entered a consolidation phase within the mid-$9,000 region following the meltdown seen yesterday This has made it increasingly unclear as to which direction the benchmark cryptocurrency will trend over a mid-term time frame One analyst is calling into question the long-term strength of BTC’s multi-month uptrend due to the “V-shaped” recovery it posted in mid-March when it dipped to lows of $3,800 He eludes to the possibility that this provided the crypto […]

715 +

4 Indicators Show Bitcoin Has a “High Chance” of Falling in Next 2 Weeks: Analyst

Bitcoin has mounted a strong recovery since the lows seen last week. The leading cryptocurrency traded as high as $9,750 on Saturday, over 13% higher than last weekend’s lows. Even still, there remain textbook technical indicators suggesting there is a “high chance” BTC sees a correction in the coming weeks. According to the analyst that...

537 +

Max Keiser: There Isn’t Anything Crypto Altcoins Do That Bitcoin Won’t Do

Ever since the peak of the 2018 crypto bull market, Bitcoin has been front and center for most investors. Bitcoin dominance — the percentage of the cryptocurrency market made up of BTC — has doubled from the 33% lows, while a number of altcoin projects have died out due to funding issues and a lack of public interest.

434 +

Bitcoin Could Surge Past $10,000 as Ethereum “Hammers” Higher: Top Analyst

Bitcoin and the rest of the crypto market have performed extremely well over the past few days, bouncing 10% from last weekend’s correction lows. Though one cryptocurrency has been dramatically outperforming all the rest: Ethereum.

515 +

S&P 500 Sell Signal May Drag Bitcoin Back Toward Black Thursday Lows

The lingering correlation between Bitcoin and the S&P 500 may be soon coming back to haunt the cryptocurrency market if a chillingly accurate sell signal sends the major US stock index tumbling back towards Black Thursday lows.

380 +