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Bitcoin Continues Closing Below a Crucial Level, Boosting Bears

Bitcoin has remained caught firmly within its long-held consolidation phase, with both its buyers and sellers being unable to catalyze any sharp momentum in either direction It is important to note that unlike weeks past, BTC is now consolidating just above its crucial support level at $9,000 This seems to be a sign of overt weakness, and could hurt buyers should the crypto begin inching lower Analysts are now noting that Bitcoin has been consecutively […] дальше »

2020-7-2 21:00


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Bitcoin Monthly Close is 1 Day Away: Here’s the Level That May Trigger a Big Rally

In just a day, Bitcoin will close the May’s price candle. Analysts say that this close will be crucial for indicating in which direction the cryptocurrency market heads next. Analyst Eric “Parabolic” Thies, for instance, recently identified a level that bulls should close above to confirm that more upside is in the works. дальше »

2020-5-31 01:12


Analyst: this statistical model says there’s a 75% chance Bitcoin rallies even higher next week

Yes, the price of Bitcoin may have stalled over the past three days, stagnating around $7,500, but the cryptocurrency is still decisively bullish from a macro perspective, analysts say. In fact, should BTC close the weekly candle above $7,100 in approximately seven hours as of this article’s writing, this will be the sixth — yes, […] The post Analyst: this statistical model says there’s a 75% chance Bitcoin rallies even higher next week appeared first on CryptoSlate. дальше »

2020-4-28 17:00


Why Crypto Investors Should Not Be Scared of Bitcoin’s Volatility, Its a Net Positive Feature of BTC

The price of Bitcoin is rising a lot this year. While this may please many investors who are seeing the value of the BTC they hold get bigger and bigger, it also concerns some people about the probability of being affected by the volatility of the market. As the surge of price above the $10,000 […] дальше »

2019-6-29 16:22


Bitcoin-Led Crypto Markets Could Be Negatively Affecting The US Dollar Claims ING Bank

According to a recent report released by ING on June 24, strong commodity and cryptocurrency prices plus sharply falling US dollar hedging costs should negatively affect the US dollar. The report conducted by ING’s global head of strategy Chris Turner was released as his latest foreign exchange analysis and just after Bitcoin (BTC) surged above […] дальше »

2019-6-25 23:40


Why are there Always Reasons Why a Bull Market should not be Trusted? Is Bear Market the Norm?

The cryptocurrency market has been on a downward spiral since the beginning of 2018 with a few short intermittent reliefs. Bitcoin, for instance, has been down below $5,000 since November 2018 and there has been no hope of a return to the price until the last few hours when the cryptocurrency actually rose above $5,000. дальше »

2019-4-4 13:53