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Analyst: Bitcoin Likely to “Grind Up” to $30,000 as Bulls Take Control
Bitcoin has seen some massive volatility as of late, with the benchmark cryptocurrency remaining stuck below its recently set highs but not seeing any sustained downtrend Its strength seen in the time since it faced a grim rejection at $28,500 has been impressive, invalidating the notion that this is a local top Where the market trends in the mid-term should depend largely on its continued reaction to the resistance that sits around $28,000 A firm […] дальше »
2020-12-31 21:00 | |
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Bitcoin Remains in Firm Bull Territory as Buyers Defend Critical Support
Bitcoin has remained in firm bull territory over the past several weeks, despite it showing some signs of immense weakness Much of the benchmark cryptocurrency’s current strength comes from its ability to hold above its SMA50 One analyst believes that this is the level that will determine the crypto’s future in the days and weeks ahead He also notes that some hidden bullish divergences are working to counter the weakness stemming from BTC’s “somewhat defined” […] дальше »
2020-7-8 02:00 | |
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Cardano (ADA) May Soon Crater by 25% as Massive Resistance Looms
Cardano (ADA) is currently flashing some significant signs of weakness after failing to surmount the crucial $0.10 region It has been caught within a strong news-driven uptrend over the past several months, posting a majority of these gains over the past couple of weeks It remains unclear as to whether or not a few positive developments that have taken place as of late will be enough to sustain the cryptocurrency’s intense uptrend One analyst is […] дальше »
2020-7-6 22:00 | |
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Analyst Who Predicted Bitcoin’s V-Shaped Reversal at $3,700 Is Bullish
It’s been a tough past few weeks for the Bitcoin market. Some are skeptical that the cryptocurrency is in a bull trend after BTC has sustained multiple rejections at $10,000. Yet a trader that nailed a bold prediction remains optimistic, sharing a number of signals indicating imminent upside. Bitcoin Could Soon See a Bounce, Says […] дальше »
2020-7-4 00:00 | |
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Sparks Fly as Critics Question Bitcoin Model Predicting $100,000 by 2021
The Bitcoin Stock to Flow (S2F) model created by the pseudonymous analyst “PlanB” has been a controversial subject over the past year. A majority of cryptocurrency investors on Twitter seemingly believe in the model, though it’s increasingly come under fire. дальше »
2020-7-4 22:00 | |
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Bloomberg Analyst: Key Metrics Show Bitcoin Should Rocket Towards $12,000
It’s been a slow past few weeks for the Bitcoin market. The cryptocurrency has effectively been range-bound for two months, registering no concrete trend. Despite this, blockchain analytics firms have observed an increase in usage of BTC. дальше »
2020-7-3 15:00 | |
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If the S&P 500 Passes 3,200, Then Bitcoin Can Retake $9,500: Analyst
If you’ve followed Bitcoin analysts over recent weeks, you likely know of the importance of $9,500 to the cryptocurrency. As the chart below indicates, $9,500 has been a crucial price point for Bitcoin over the past two months. дальше »
2020-7-3 04:00 | |
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Analyst Expects Bitcoin Price to Hit $27,000; Here’s Why
Bitcoin may hit $27,000 in the coming sessions, says an analyst. The analogy appeared as the cryptocurrency trends inside a Bullish Pennant structure on its monthly chart. The analyst sees BTC/USD breaking above the technical pattern and aim for an all-time high as its upside target. дальше »
2020-7-2 12:02 | |
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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 […] дальше »
2020-6-27 02:00 | |
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The Simple Reasons Why This Trader is Cautious of Ethereum
Ethereum, like Bitcoin, is currently trading at the lower boundary of its long-established trading range The cryptocurrency does appear to be positioned to see a breakdown below this range, but whether or not this takes place will likely depend on Bitcoin One analyst is now growing increasingly cautious on ETH, explaining that massive spikes in miner outflows for the cryptocurrency signal that a large drop could be imminent This also comes as the China-based PlusToken […] дальше »
2020-6-27 23:00 | |
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Bloomberg Analyst Sees Bitcoin at $13K Despite Hints of Deep Breakdown
Bitcoin price is eyeing a breakout towards $13,000, according to Bloomberg analyst Mike McGlone. The senior commodity strategist stated that the cryptocurrency’s declining volatility is making it a digital version of gold. дальше »
2020-6-26 16:00 | |
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Why Tomorrow’s $1B Bitcoin Options Expiry May Not Trigger Any Volatility
Tomorrow, $1 billion worth of monthly and quarterly Bitcoin options will be expiring This will be the largest options expiry that BTC has ever seen Some analysts believe that the event will spark some massive volatility That being said, the sharp downwards movement seen yesterday evening may have actually been the movement that was widely expected by traders One analyst believes that this signals that the benchmark cryptocurrency is poised to see even further sideways […] дальше »
2020-6-25 21:00 | |
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These 4 Signs Show Bitcoin Is Likely to See a “Big” Move Down: Analyst
Bitcoin has already seen a strong reversal from the highs seen earlier this week. As of the time of this article’s writing, the flagship cryptocurrency trades at $9,200. This comes after it fell as low as $8,950 during a flash sell-off on Wednesday, with the price being depressed by a leveraged-long liquidation event. Unfortunately for […] дальше »
2020-6-25 13:00 | |
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This Technical Sign Will Make Bitcoin “Rip” to $11k and Beyond: Analyst
Bitcoin has finally started to press higher after weeks of consolidation. Though prices have since retraced to $9,550, the cryptocurrency reached a local high of $9,800 on Monday. This was a more than 5% jump from the weekly baseline price of approximately $9,200. дальше »
2020-6-25 15:00 | |
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Analyst Who Predicted Bitcoin Would Hit $3,000s in 2020 Expects a 15% Drop
After holding in the low-$9,000s, Bitcoin finally saw a breakout recently. The cryptocurrency liquidated $15 million worth of BitMEX short contracts as it shot as high as $9,800 during Monday’s trading session. дальше »
2020-6-24 03:00 | |
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Bitcoin S2F Creator: Whales Didn’t Crash Price in March 2020
Whale manipulation did not crash the price in March 2020, asserts Stock-to-Flow creator PlanB. The analyst claimed that the cryptocurrency’s growing correlation with the U. S. benchmark S&P 500 led it lower. дальше »
2020-6-23 16:00 | |
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Bitcoin Bull Market Will Resume by Mid-July, Asserts CryptoQuant CEO
Bitcoin is consolidating in an $8,600-$10,000 trading range since April 30, 2020. The sideways momentum has led the cryptocurrency’s volatility to its lowest since October 2019. With risks of a negative breakout looming, one top analyst sees Bitcoin resuming its bull market by mid-July. дальше »
2020-6-22 16:00 | |
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Bitcoin Analyst Explains Why Money Is Poised to “Flow Out of Altcoins,” Boosting BTC
It’s been an explosive past few weeks for altcoins but not for Bitcoin. As the leading cryptocurrency has stalled in the $8,000s and $9,000s as BTC investors have found themselves at an impasse, certain altcoins have ripped higher. дальше »
2020-6-22 15:00 | |
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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. дальше »
2020-6-21 07:00 | |
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A Top Macro Analyst Just Bought Bitcoin For the First Time Ever
While Bitcoin’s uptrend has stalled, prominent names in the financial world have continued to delve into cryptocurrency. The latest of these is Darius Dale, the Managing Director & Partner at Hedgeye Risk Management. дальше »
2020-6-20 10:00 | |
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Analyst: Ethereum Price’s Chart Looks “Ominous” After $250 Rejection
Like Bitcoin and most other top cryptocurrencies, the past few weeks have been stagnant for Ethereum. The cryptocurrency has consolidated around ~$230, failing to breakout in either direction. Stepping back, though, analysts are saying that ETH’s chart looks bearish. дальше »
2020-6-18 04:00 | |
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Pundit Reveals Bitcoin’s Fair Price Based On High Correlation With The S&P 500 Index
Earlier today, Plan B, an investor and prominent cryptocurrency analyst with wide exposure across media channels, expressed his view on the similarity between market behavior of Bitcoin and the S&P 500 index, a benchmark index of 500 strongest players from America’s industry, which could yield positive results for BTC in the future. He expressed his […] дальше »
2020-6-18 00:55 | |
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Bitcoin’s Perfect Storm On The Horizon As Analyst Calls For ‘Inevitable’ Dollar Collapse
A new forecast from a chief Morgan Stanley executive claims the dollar is due for a severe crash that could benefit Bitcoin in a major way. What’s fueling this “inevitable” dollar collapse, and why does it make for a perfect storm for the first-ever cryptocurrency? Morgan Stanley Asia Chairman: The Dollar Is Inevitably Doomed For […] дальше »
2020-6-17 20:30 | |
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Analyst Targets $8,100 as Bitcoin Dives Below Cruicial Support Level
Bitcoin is on the verge of invalidating a critical bullish technical pattern. The analogy surfaced after the cryptocurrency broke below the pattern’s support level. A prominent analyst sees the latest downside move to extend itself towards Bitcoin’s 200-day moving average. дальше »
2020-6-15 08:01 | |
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Bitcoin’s Consolation Signals It Is Coiling Up for a “Monster” Sized Movement
Bitcoin has been caught within a firm bout of consolidation throughout the past several weeks, being unable to garner any momentum as it trades within the $9,000 region The cryptocurrency is flashing some signs of overt weakness as of late, as buyers have laced the upper-$9,000 region with heavy resistance One analyst is now noting that this consolidation is likely to result in BTC making a “monster” sized movement If the resistance between $9,600 and […] дальше »
2020-6-15 19:00 | |
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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. дальше »
2020-6-15 01:00 | |
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Analysts Target a Sub-$200 Move for Ethereum Once it Taps This Crucial Level
Ethereum has been closely tracking Bitcoin’s price action throughout the past several weeks and months The cryptocurrency did recently form an incredibly bearish technical pattern that analysts are still closely watching There’s a strong possibility that the crypto could be positioned to see notable downside in the near-term due to this pattern One analyst is even targeting a movement down to the sub-$200 region This price action could be magnified by a recent surge in […] дальше »
2020-6-15 22:00 | |
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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. дальше »
2020-6-13 07:00 | |
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Analyst: If Bitcoin Holds $8,700, the Chances of “Bullish Continuation” Are High
The past few weeks have seen Bitcoin tread on thin ice multiple times: every time the cryptocurrency rallied to $10,000, it snapped lower, often violently. This week’s attempt at the crucial $10,000 resistance was no exception: after temporarily trading above the level for all of 20 minutes, the asset began a precipitous decline. дальше »
2020-6-13 04:00 | |
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Bitcoin’s Consolidation is Likely to Lead it to $9,200 Next; Here’s Why
Bitcoin has continued consolidating following a bout of intense volatility yesterday that sent it into the $10,000 region This movement was short-lived, and the tap of this resistance level was once again followed by a firm rejection Analysts are now noting that the cryptocurrency is growing weaker as it continues trading beneath its resistance This could open the gates for BTC to post some notable losses in the days and weeks ahead, with one analyst […] дальше »
2020-6-12 21:00 | |
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Bitcoin to Breakout in Coming 7 Days as Strength Grows; Claims Analyst
Bitcoin has once again extended the bout of lackluster price action that it has been seeing over the past week The cryptocurrency’s mid-term trend is growing increasingly unclear as it struggles to surmount the heavy resistance that lies directly above its current price action It’s a strong possibility that this resistance will prove to be insurmountable Nevertheless, analysts still remain bullish. дальше »
2020-6-11 21:00 | |
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3 Macro Factors Show Why Bitcoin Is Poised to Erupt Past $10,500: Analyst
The recent price action has made it easy for investors to flip bearish for Bitcoin for the time being, but a top analyst recently shared that he remains macro bullish on the cryptocurrency. Backing his optimism, he shared the chart below, along with three macro factors showing that Bitcoin is likely still embroiled in a macro uptrend. дальше »
2020-6-10 15:00 | |
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66% of Coinbase Users Willing to Leave the Exchange Due to Mounting Privacy Concerns
Two-thirds of people who use Coinbase are willing to leave the platform following reports that the U.S. exchange plans to sell user data to two government agencies for $250,000. Cryptocurrency trader and analyst John Rager carried out a poll on Twitter, asking his 73,000 followers: “Would you actually delete or stop using your Coinbase account?” […] The post 66% of Coinbase Users Willing to Leave the Exchange Due to Mounting Privacy Concerns appeared first on Bitcoin News. дальше »
2020-6-8 16:30 | |
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What A Bitcoin ETF Could Do to Its Price Following Gold’s Historical Moonshot
The price of Bitcoin will improve significantly if a BTC ETF is approved. This is the position of a cryptocurrency analyst, PlanB. In a Twitter post, he affirmed BTC will do better the same way gold has been performing better since the first gold ETF was approved in 2003. дальше »
2020-6-6 10:08 | |
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S2F Model Suggests Bitcoin is Underbought, Indicating a Bull Run
PlanB, the anonymous cryptocurrency analyst who popularized the stock-to-flow model, said that Bitcoin has now entered the “fear” zone, meaning that it is currently positioned below the S2F model value. дальше »
2020-6-6 21:01 | |
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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 […] дальше »
2020-6-4 02:00 | |
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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 […] дальше »
2020-6-3 21:00 | |
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Holding Ripple’s XRP is “Not an Effective Strategy,” Argues Top Analyst
XRP, the underlying token of the Ripple’s flagship blockchain, is not a practical cryptocurrency for holding, said a top market analyst. The statements appeared in the wake of XRP’s dismissive performance in 2020 against its better-performing rivals, such as bitcoin. дальше »
2020-6-4 16:15 | |
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Ethereum May Dive 35% as Price Sees Rejection at Crucial Resistance Level: Analyst
After attempting a breakout on June 1st, Ethereum saw a brutal rejection on June 2nd that saw it fail to decisively pass the $250 price resistance. Like Bitcoin, the second-largest cryptocurrency plunged 10%, falling as low as $225 on most spot exchanges. дальше »
2020-6-3 15:00 | |
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This Stock Market Analyst Explains Why Bitcoin Will Keep Growing
Bitcoin fell $1,500 in just three minutes in an overnight price crash Monday. But the dip has not deviated the world’s leading cryptocurrency from extending its uptrend. A top stock market analyst noted that risky assets would keep growing in value as long as there is a stimulus. дальше »
2020-6-3 08:10 | |
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Top Analyst Expects Ethereum to Soon Plunge Against Bitcoin: Here’s Why
Bitcoin’s performance over the past three days has been impressive, but even more so is Ethereum’s rally. Coin360. com data shows that the second-largest cryptocurrency is up 23% in the past seven days, while BTC is up 14% in that same time frame. дальше »
2020-6-2 13:00 | |
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Bitcoin’s Price Spread on the CME is “Super Bullish” and Foretells Major Upside
Bitcoin has seen mixed price action in recent times, struggling to surmount $10,000 despite gaining a solid foothold within the $9,000 region Analysts are now noting that the cryptocurrency appears to be at a turning point as it trades directly between two CME gaps One analyst is also pointing to the massive BTC premium seen on the CME as a reason why the crypto is highly bullish Bitcoin saw some turbulent trading yesterday when sellers […] дальше »
2020-6-2 02:00 | |
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Analyst: Why Bitcoin Market Will “Get Interesting” After Thursday’s Difficulty Change
Ever since the Bitcoin halving on May 11th, investors have been fearing a widespread “miner capitulation. ” A miner capitulation is an event in the cryptocurrency market when many miners of BTC become unprofitable. дальше »
2020-6-1 15:00 | |
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