Here’s How Stock Market Turbulence Could Crush Bitcoin Short-Term

2020-9-23 02:00

Bitcoin has been trading in close tandem with equities throughout the past several days Heightened correlation to risk-on assets is a common BTC trait during times of immense global turbulence Although this strikes a blow to its safe-haven narrative, the cryptocurrency still has a long way to go before it fully decouples with the traditional markets This global economic turbulence that is weighing on Bitcoin may only get worse as the year drags on and […] origin »

Bitcoin price in Telegram @btc_price_every_hour

Bitcoin (BTC) íà Currencies.ru

$ 64925.52 (-0.07%)
Îáúåì 24H $21.166b
Èçìåíåèÿ 24h: 1.00 %, 7d: 3.02 %
Cåãîäíÿ L: $64802.53 - H: $65001.81
Êàïèòàëèçàöèÿ $1302.88b Rank 1
Öåíà â ÷àñ íîâîñòè $ 10457.16 (520.87%)

turbulence bitcoin global way cryptocurrency blow safe-haven

Èñòî÷íèê: bitcoinist.com

turbulence bitcoin → Ðåçóëüòàòîâ: 97


Economist: Bitcoin Remains a “Risk On” Asset After Reacting to Payroll Data

Bitcoin saw some slight turbulence over the past few days, with its price rallying as high as $9,300 before facing a rejection that caused it to slide beneath $9,000 for a brief period. This volatility appeared to be directly linked to news regarding US payroll numbers, signaling that the cryptocurrency presently remains highly correlated to […]

2020-7-4 05:00


Ôîòî:

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, […]

2020-6-26 23:00


Ôîòî:

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 […]

2020-6-18 02:00


Ôîòî:

Bitcoin Funding Rates Flip Negative as Sellers Build Momentum; What to Watch For

Bitcoin has seen some intense turbulence throughout the past day, with the cryptocurrency losing the support it had at $9,400 before plummeting into the $8,000 region Buyers were able to guard against the massive influx of selling pressure, supporting it above $9,000 for most of the day The defense of the upper-$8,000 region has caused the crypto to form a double bottom seen while looking towards its RSI This indicates that the crypto could be […]

2020-6-16 02:00


Ôîòî:

Ethereum on Unstable Ground Following Immense Overnight Turbulence

Ethereum has been closely tracking Bitcoin’s price over the past several weeks This caused it to see some intense overnight instability, with its price rising to highs of $246 overnight after crashing to lows of $235 One bear-favoring technical pattern that has been forming over the past few days could lead it significantly lower Analysts do believe that ETH 2.

2020-6-10 23:00


Ôîòî:

Analysts Expect Bitcoin to See “At Least 18 Weeks” of Blood Due to This Pattern

Bitcoin saw some immense overnight turbulence that caused its price to plummet from highs of nearly $9,900 to lows of $9,400 on many exchanges This movement liquidated over-leveraged long and short-positions, and further confirmed that BTC is caught within a tight trading range Despite its current stability, one pattern now indicates that Bitcoin is positioned to make a massive movement in the near-term One analyst believes that this movement will favor sellers, as a pattern […]

2020-6-10 21:00


Ôîòî:

Analyst: Bitcoin’s Mass $220m Liquidation Spree is Fundamentally Positive for BTC

Bitcoin saw an immense decline yesterday that was sparked by its latest push into the $10,000 region This decline caused the cryptocurrency’s traders to have nearly $100 million in long positions liquidated This massive torrent of liquidations came about less than 12-hours after the crypto’s rally to highs of $10,500 liquidated over $120 million in short positions Bitcoin has seen immense turbulence as of late, providing dangerous market conditions for active traders looking to cash […]

2020-6-4 02:00


Ôîòî:

Here’s What Comes Next After Bitcoin Closed Above Yearly Resistance at $9,500

Bitcoin’s buyers and sellers engaged in a heated battle yesterday just prior to the cryptocurrency’s critical monthly close This led it to see heightened volatility, with bulls prevailing over bears Buyers were able to propel the cryptocurrency above a massive monthly resistance level that has been holding strong throughout part of 2019 and all of 2020 The close above this level could be a bullish catalyst Bitcoin has been seeing some turbulence as it consolidates […]

2020-6-1 21:00


Ôîòî:

These 2 Trends Shows that Wall Street is in a Bitcoin Buying Frenzy

Bitcoin has been subjected to unprecedented turbulence throughout the past few months, declining to lows of $3,800 before rocketing to highs of $10,500 This volatility hasn’t been enough to thwart large market players from foraying into the digital asset Macro investor Paul Tudor Jones has been one of the first traditional investors to publicly profess his interest in BTC, but data shows that he isn’t the only one on Wall Street who is buying Bitcoin […]

2020-5-29 02:00


Ôîòî:

Ethereum’s Macro Bear Structure Strengthens as Analysts Eye a Massive Decline

Ethereum has been able to maintain above $200 despite the recent turbulence seen within the aggregated crypto market This outperformance of Bitcoin has allowed it to gain some strength on its embattled BTC trading pair ETH is still in a precarious position, however, as analysts are noting that its macro bear structure still remains strong Analysts are also widely flipping short on ETH, with some anticipating massive downside Ethereum’s price action has been largely lackluster […]

2020-5-26 23:00


Ôîòî:

Bitcoin Could See an Intense Reversal if It Breaks Below this Critical Level

Bitcoin has been caught within the throes of intense turbulence over the past day, with the cryptocurrency incurring a violent selloff yesterday that sent it reeling from $10,200 to lows of $9,200. In the time since this capitulatory drop, Bitcoin has been able to climb higher, and its early-morning volatility seems to suggest that bulls and bears are currently engaged in an intense battle for control over the cryptocurrency.

2020-2-20 20:24


Ôîòî:

Ripple offloads nearly $200m in XRP; will this thwart its growing signs of bullishness?

XRP has seen some decent bullishness over the past several days, which has allowed the cryptocurrency to secure what appears to be a strong foothold within the mid-$0.20 region. This bullishness has come about in the face of turbulence within the aggregated crypto markets, with Bitcoin struggling to break through the intense resistance that exists […] The post Ripple offloads nearly $200m in XRP; will this thwart its growing signs of bullishness? appeared first on CryptoSlate.

2020-2-5 17:00


Like Gold, Bitcoin Is A Safe Haven During Economic Turbulence, Says Former UBS Managing Director

Bitcoin has been showing the properties of becoming a store of value and a safe haven and slowly but surely the mainstream media and experts are coming to the same realization as well. Paul Richards, the President of Medley Global Advisors and former Managing Director at UBS recently spoke with Bloomberg about the asset classes […]

2019-8-6 17:05


äàëüøå åùå 48 íîâîñòåé →

Ïàðòíåðû Currencies.ru



Ðåêëàìà íà Currencies.ru

Ñàìîå ñâåæåå íà Currencies.ru

Analyst Eyes Parabolic Move above $300,000 as Bitcoin Holds Critical Macro Support

Bitcoin (BTC) is showing renewed strength after defending a key macro support zone that several analysts believe could determine the next major phase of the bull market. While short-term traders remain focused on nearby resistance and support levels, the broader technical picture is attracting attention for its potential to drive a much larger move over […]