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Analyst: this dire technical formation may spell doom for Bitcoin’s near-term price action

The 2020 Bitcoin rally was fun while it lasted, but the cryptocurrency recently formed a much-dreaded technical formation that may signal that BTC will see further near-term downside. This technical formation – which is accurately described by analysts as a “death cross” – comes about after an asset’s 50-day moving average crosses beneath its 200-day […] The post Analyst: this dire technical formation may spell doom for Bitcoin’s near-term price action appeared first on CryptoSlate. дальше »

2020-1-24 22:19


Bitcoin May Stall for Six Months Before Any Major Rally; Factors & Trends

Bitcoin’s recent bout of sideways trading around the $8,600 region has resulted in a massive bear-favoring movement, with BTC now plummeting down towards the lower-$8,000 region. This movement has completely altered the sentiment amongst investors, with many analysts now claiming that the crypto will see significantly further losses as $9,200 begins to look increasingly like... The post appeared first on NewsBTC. дальше »

2020-1-24 22:00


These 3 Reasons Are Why Bitcoin’s Price May Soon Explode Past $10,000

Over the past month, Bitcoin (BTC) has absolutely exploded higher. In fact, the cryptocurrency is up around 40% since the low of $6,400 put in during December of last year. While many analysts have said that this jaw-dropping rally constitutes a macro reversal that will thrust BTC back into a decisively bullish phase, some aren’t... The post appeared first on NewsBTC. дальше »

2020-1-22 13:00


This Analysis Suggests Bitcoin’s Price May Plunge 50% to the $3,000s, Again

Over the past month, Bitcoin (BTC) has absolutely exploded higher. In fact, the cryptocurrency is up around 40% since the low of $6,400 put in during December of last year. While many analysts have said that this jaw-dropping rally constitutes a macro reversal that will thrust BTC back into a decisively bullish phase, an analysis... The post appeared first on NewsBTC. дальше »

2020-1-20 03:45


Research Firm: 3 Use Cases Could Send Bitcoin To $1 Trillion

Few assets are worth $1 trillion. Even still, analysts and investors in Bitcoin have long expected the market capitalization of the cryptocurrency to surmount the billions and enter the trillions. As crazy as this may sound, a prominent investment research firm, ARK Invest, in a recent report mentioned three somewhat feasible use cases that could... The post appeared first on NewsBTC. дальше »

2020-1-18 07:00


This Metric Suggests Ethereum May Soon Shoot Higher

While cryptocurrencies are still far below where they were at the end of 2017, analysts are getting bullish on Ethereum, Bitcoin, and other digital assets. The bull case for ETH, at least, was proven just recently with a metric suggesting that the network has seen rampant growth over recent months, which is likely to wrest... The post appeared first on NewsBTC. дальше »

2020-1-11 07:00


Bitcoin’s Multi-Month Bear Trend May Soon Change

One of the most prominent technical analysts in the crypto community believes that Bitcoin has yet to meet one last condition before it enters the next bull market.  The Path to a New Bull Run Peter Brandt, a 45-year trading veteran, recently expressed his views on the different factors that could lead Bitcoin to begin […] The post Bitcoin’s Multi-Month Bear Trend May Soon Change appeared first on Crypto Briefing. дальше »

2020-1-9 16:07


Elliott Wave Theory Suggests Bitcoin May Be Due For Biggest Correction Yet

Elliott Wave Theory is just one of many tools cryptocurrency analysts and Bitcoin traders use to help them predict future market movements and gain a competitive edge. According to the commonly used technical analysis principle, Bitcoin could be due for its biggest correction yet – one that will take the crypto industry by surprise and... The post appeared first on NewsBTC. дальше »

2020-1-2 19:00


Crypto Price Action Sports Uncanny Resemblance to Bitcoin Bear Market Bottom

After an early 2019 parabolic rally, Bitcoin has spent the last few months locked within a vicious downtrend that’s seen nearly 50% of the crypto asset’s value eliminated. But after months of sustained selling, crypto analysts have begun to watch for signs a bottom may be forming, and according to one prominent trader, Bitcoin price. дальше »

2019-12-10 20:00


Bitcoin On-Chain Momentum Bullish Again, Traders May Push Prices Higher

While some analysts are still expecting Bitcoin (BTC) to fall further, it appears that fundamentals and on-chain metrics are starting to imply bulls have the upper hand. Related Reading: Bitcoin CME Futures Gaps Are Filled With 95% Certainty, But Trading Them Is Risky Bitcoin Preparing to Head Higher Ahead of Halving Adaptive Capital partner Willy Woo. дальше »

2019-12-8 01:29


Bitcoin Forming Bullish Long-Term Bottom Formation; Key Levels to Watch For

Bitcoin (BTC) has been able to incur some decent upwards momentum in the time since its faced a strong and swift rejection around $7,800, as it has since climbed up towards $7,600. Analysts are noting that this recent price action may point to the possibility that Bitcoin is forming a bullish long-term bottom formation, which. дальше »

2019-12-8 21:00


BTC Surprises Analysts in an Interesting Market Correction as Short Term Bull Run Surfaces

Yesterday’s market update suggested a continuous dip in line with analysts affirmation that Bitcoin may retest prior support levels after crawling back down below the $10,000 mark. The possibility of Bitcoin taking a downtrend to as low as $8,000 and below was not blind speculation as the past few weeks have shown that the bears […] The post BTC Surprises Analysts in an Interesting Market Correction as Short Term Bull Run Surfaces appeared first on ZyCrypto. дальше »

2019-7-27 10:58


70% of Bitcoin-Interested Investors are Parents; Will This Fuel Long-Term Uptrend?

Bitcoin (BTC) and the aggregated crypto markets have been facing a bout of selling pressure as of late that has tempered the uptrend that the markets incurred over the past several months. Despite this, analysts were quick to note that the recent uptrend was not driven by an influx of new market entrants, which may. дальше »

2019-7-26 01:00


Market Update: Bitcoin Fails to Trade Above $12,000, Analysts Predict Dump to $9k

Bitcoin may have recovered and traded above $11,200 which depicted a bullish signal, however, some cryptocurrency analysts are still expecting a significant dump in price. An instance is Tone Vays who in a tweet on July 5, 2019, said Bitcoin is yet to surge past a Resistance zone of $12,250 – $12,500, therefore, there is […] The post Market Update: Bitcoin Fails to Trade Above $12,000, Analysts Predict Dump to $9k appeared first on ZyCrypto. дальше »

2019-7-6 20:00