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Waning Demand for Bitcoin Spells Trouble for Where it Goes Next
Bitcoin saw a slight decline overnight that caused it to invalidate some of the strength that was previously guiding it towards $10,000 It now appears that the crypto is positioned to see further downside as its technical outlook degrades Analysts are pointing to waning demand and growing supply as reasons why the benchmark crypto could soon decline lower It is important to note that this decline could lead BTC as low as the $7,000 region […] дальше »
2020-6-6 21:00 | |
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Bitcoin Rejected Harshly on Red Supply Zone for the 3rd Time, But Focus Still on the Upside
Bitcoin opened the month on a bullish note, surging past $10,000, and then the day after, the price of BTC crashed to $9,150 on some exchanges, $9,300 on others and $8,600 on BitMEX. Bitcoin’s $10k breakout was leverage driven, “OI increased even as liquidations exploded while predicted funding and futures' basis turned extreme” and “then […] дальше »
2020-6-3 15:20 | |
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These Warning Signs Flashed Prior to Bitcoin’s Capitulatory Decline to $9,000
Bitcoin’s explosive rally past $10,000 yesterday afternoon liquidated tens of millions in short positions The decline from this level seen this morning also led to mass liquidations amongst traders It is imperative to note that virtually all previous breaks above this level have been met with heavy selling pressure that results in capitulatory downtrends One factor that could spell trouble for Bitcoin is the fact that funding rocketed following the recent rally Bitcoin saw a […] дальше »
2020-6-3 02:00 | |
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Bitcoin’s Funding is Flashing a Warning Sign After Rejection at Key Resistance
Bitcoin faced a grim rejection within the upper-$9,000 region yesterday that caused it to erase most of the gains that came about as its latest push higher The subsequent decline that BTC faced has led it into a key support region, which some analysts believe will lead it to see further near-term upside It is important to note that the cryptocurrency’s funding rates, however, seem to suggest that the tides are turning back into seller’s […] дальше »
2020-5-30 02:00 | |
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Analysts Foresee a Harsh End to Bitcoin’s Uptrend if It Losses $9,350
Analysts believe that the uptrend Bitcoin saw yesterday may soon come to a harsh end following the cryptocurrency’s swift rejection within the upper-$9,000 region This marked yet another rejection at this heavy resistance level, and also points to some underlying weakness amongst the crypto’s buyers A low-time-frame ascending trendline was also broken by this movement, leading analysts to note that the recent rally will soon come to a swift end as BTC hovers above its […] дальше »
2020-5-29 21:00 | |
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Bitcoin Could Soon See a $1,300 Loss as It Nears Key Resistance
Bitcoin has been flashing signs of immense strength throughout the past few days as it pushes up towards the mid-$9,000 region. Although on a surface level this movement appears to be bullish, it is important to note that the cryptocurrency is now pushing up against heavy resistance. дальше »
2020-5-29 00:30 | |
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CZ Believes Bitcoin’s Supply Is Running Out Amid Rapidly Growing Institutional Demand
Grayscale has been hitting the crypto news headlines of late. Apparently, this firm has been on a buying craze for Bitcoin since the halving, and people are taking note of this. Not Even Enough For One Buyer Binance CEO Changpeng Zhao is one of the latest characters to take note of the buying offensive by […] дальше »
2020-5-29 16:46 | |
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Crypto Market Faces Massive Resistance as Traders Expect Altcoins to Dive
The crypto market is flashing some overt signs of weakness as Bitcoin leads most major altcoins lower Although some smaller tokens have been able to escape these losses, the aggregated market recently tapped a major resistance level, opening the gates for major downside This has led traders to widely note that Bitcoin and other major alts like Ethereum could be positioned to see immense losses in the near-term Bitcoin and the aggregated crypto market have […] дальше »
2020-5-27 23:00 | |
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Bitcoin Investors Increasingly Becoming Long-term HODLers & Whales Back to Accumulating
This week started on a red note, with the price of bitcoin falling below $8,700. Today, we made our way back above $9,000 only to dropdown again. Crypto Fear and Greed Index remains largely in the neutral or fear category. дальше »
2020-5-27 20:44 | |
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Cryptocurrency News Roundup for May 24, 2020
Bitcoin started the week on a much weaker note after the bulls failed to keep the BTC-USD pair afloat over the key support line at $9,100. As of writing, the benchmark cryptocurrency is down more than 5% since the intraday high of $9,300+ on Saturday and is trading at just over $8,850. дальше »
2020-5-25 11:58 | |
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Cryptocurrency News Roundup for May 17, 2020
Bitcoin started the week on a rather positive note as the BTC-USD pair briefly went past $9,900 in the wee hours of Monday (UTC). As of this writing, the price has retreated to $9,500. Meanwhile, open interest in Bitcoin futures has nearly doubled in the past two weeks. дальше »
2020-5-19 12:10 | |
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Here’s Why the Paul Tudor Jones Letter is the “Most Bullish Thing” Written About Bitcoin
Legendary macro investor Paul Tudor Jones recently professed his interest in Bitcoin within a market note to investors His comments about the digital asset were incredibly bullish. He even claimed that BTC reminds him of gold in the 1970s. дальше »
2020-5-12 23:00 | |
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Bitcoin fees note 170% hike as market health turns green on multiple fronts
After lagging behind Ethereum for most of April, Bitcoin turned up the heat in the last week of April after the world's largest digital asset ended up as the best performing crypto-asset in the industThe post Bitcoin fees note 170% hike as market health turns green on multiple fronts appeared first on AMBCrypto. дальше »
2020-5-6 12:30 | |
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Ethereum under pressure as EOS, VET ride market wave with Bitcoin
The crypto-market noted a minimal surge on 4 May, resulting in the value of Bitcoin [BTC] surpassing $9k. And while most altcoins did note rising prices, the price momentum of these cryptocurrencies wThe post Ethereum under pressure as EOS, VET ride market wave with Bitcoin appeared first on AMBCrypto. дальше »
2020-5-5 15:00 | |
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A Perfect Storm is Brewing for Bitcoin as Confluence of Bullish Factors Emerges
Bitcoin has seen some relatively involatile trading in the time following its recent rejection at $9,500, as the cryptocurrency has been able to stabilize within the upper-$8,000 region. It is important to note that this stability has favored buyers due to the crypto being able to show some tempered signs of bullishness as it pushes... дальше »
2020-5-3 01:00 | |
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XRP Just Faced a Harsh Rejection at a Key Trendline; Trouble Ahead?
The aggregated crypto market has incurred some intense upwards momentum today, allowing major altcoins like XRP to post notable gains This latest upswing comes shortly after the cryptocurrency incurred a rally independent of the market yesterday It is important to note that XRP has faced a notable rejection against its Bitcoin trading pair, forcing it to remain beneath a key trendline Although XRP has been fully exposed to the downside seen by the aggregated crypto […] дальше »
2020-4-30 23:00 | |
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Ethereum Showing Signs of Tiredness as Analysts Expect Underperformance
Ethereum is in the process of surmounting the key $200 resistance level as its bullishness grows The cryptocurrency’s rebound from its March lows has been intense, although analysts are noting that a strong pullback could be in the cards This comes as traders note that they anticipate ETH to underperform Bitcoin in the days and weeks ahead Ethereum is now in the process of rallying up to $200, marking a significant extension of the momentum […] дальше »
2020-4-26 22:00 | |
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Bitcoin may be correlated to stocks across only 'certain stretches'
The number of Bitcoin narratives that have been drawn out and explored during times of volatility is always interesting to note. Over the past few weeks, however, the main topic of every major BitcoinThe post Bitcoin may be correlated to stocks across only 'certain stretches' appeared first on AMBCrypto. дальше »
2020-4-15 22:30 | |
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Bitcoin HODLers Showing Conviction That Hasn’t Been Seen Since November 2015
Bitcoin has ended the quarter first of 2020 on a red note with negative 10% returns, and currently, the world’s leading digital currency is trading just above $6,350, down 1. 48% in the past 24 hours. дальше »
2020-4-2 00:07 | |
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S&P 500 Can Drop Another 25% to 50% to Make New Lows in 2020; Bitcoin Will Follow
Yet again, we have started the week on a green note, with bitcoin trading around $6,250, up 2.25% in the past 24 hours. These gains came after bitcoin fell to about $5,830 last night. Although the digital asset is holding $5,800s, the real level bitcoin needs to hold according to trader and investor Josh Rager […] дальше »
2020-3-30 17:06 | |
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Will the Fed’s Easy Money Flow to Bitcoin?
The Dow Jones Industrial Index (DJIA) ended Tuesday on a bright note with an 11.37% gain. US stocks saw an uptick in sentiment as the government and Treasury neared confirmation...The post Will the Fed’s Easy Money Flow to Bitcoin? appeared first on Crypto Briefing. дальше »
2020-3-25 13:10 | |
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Goldman Sachs’ Call to Buy Gold Cheers Bitcoin Bulls; Here’s Why
Bitcoin bulls were cheerful this Tuesday as a top analyst’s call to purchase gold amidst the Coronavirus-induced market turmoil created similar opportunities for the cryptocurrency. Jeffrey Currie, a commodity researcher at Goldman Sachs, said in a note that the yellow metal has reached an “inflection point” after the Federal Reserve announced that it would buy... дальше »
2020-3-25 15:00 | |
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Bitcoin is Flipping a “Key Level” as Multiple Bullish Factors Begin Emerging
Bitcoin saw a notable rally today following a prolonged bout of sideways trading, which has so far led the cryptocurrency to rally up towards the $6,000 region. This movement has come about as the traditional markets trade sideways, leading analysts to note that BTC is quickly becoming decorrelated. It now appears that the benchmark crypto... дальше »
2020-3-20 19:30 | |
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Gold on Track for Biggest Weekly Drop in 7-Years, Acting As A Better Safe Haven than BTC
A day before the market went into a full-on panic mode because of Bitcoin price crashing nearly 45%, BitMEX CEO Arthur Hayes published a regular note on March 12th on his exchange where he talks about how despite trading below $8,000 Bitcoin outperformed most global equity indices in 2020. But not anymore. The world’s leading […] дальше »
2020-3-14 20:55 | |
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Bitcoin Is ‘Trading’ Like a Risk-On Asset But Gold’s Also Feeling the Selling Pressure
Bitcoin started the day at a deeply red note, tanking to $5,713, a level last seen in May 2019. Overall the crypto market lost more than $50 billion, as altcoins followed bitcoin down. $BTC low today of $5,705 is a 28. дальше »
2020-3-13 18:42 | |
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BTC Price Still on Stock-to-Flow Track Despite ‘Extreme Fear’ & ‘Bearish Sentiment’
2020 started on a positive note. We kicked off this year at around $7,200 and climbed to above $10,500, recording about 45% gains on a year-to-date basis. However, the spread of coronavirus all over the world soon took over the global markets, which had bitcoin acting as a risk on market as well. As the […] дальше »
2020-3-10 18:36 | |
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Ethereum Just Formed a Mid-Term Bottom, and It Means Massive Gains are Coming
Although Bitcoin has continued its extended period of rangebound trading, it is important to note that Ethereum (ETH) has been able to see further upwards momentum today, with the cryptocurrency rallying past key resistance as its market structure shapes up to be highly bullish. дальше »
2020-3-8 23:00 | |
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Economist: This Strange Occurrence Suggests the Bitcoin Bottom is In
Bitcoin’s unprecedented flash crash seen earlier this week has not proved to be as bearish as it was initially thought to be, as the crypto has now been able to find some solid support within the mid-$9,000 region and has even begun inching higher. дальше »
2020-2-22 04:00 | |
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Bitcoin Bulls Have 10 Days to “Fix” Monthly Candle and Avoid Insane Losses
In the time following Bitcoin’s recent flash crash that sent it from $10,200 to lows of $9,200, the cryptocurrency has been able to find some stability around $9,600, with its ability to maintain stability around this price showing that BTC bulls do have some strength. дальше »
2020-2-21 00:00 | |
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Here’s Why Ethereum Could Realistically Rally to $800 in the Near-Term
Ethereum has been subjected to intense volatility over the past several days, which has primarily been rooted in the close correlation to Bitcoin’s price action that it has formed in recent times. This volatility has primarily favored sellers, but it is important to note that it has not been enough to invalidate the bullish market structure it has formed throughout the course of its parabolic uptrend seen throughout the past several weeks. One top analyst is now laying out the […] дальше »
2020-2-20 20:59 | |
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Bitcoin will break its multi-year downward trendline if it closes above this key price
Bitcoin (BTC) ended the day on a high note, with the cryptocurrency closing its daily candle above a key support level, eluding to the possibility that it will now begin its ascent to its next critical resistance region. дальше »
2020-2-8 09:30 | |
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Major crypto conferences across Asia are being put on hold because of the coronavirus
The rapid spread of the widely feared Coronavirus has sent shockwaves across the global markets and has even led some crypto analysts to note that investors flocking to safe-haven assets as a result of the virus’s spread has bolstered Bitcoin. дальше »
2020-2-6 09:30 | |
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Bitcoin's CEI improves to -2.73 after -8.73 slump in December 2019
Bitcoin started the new year on a positive note after the world's largest cryptocurrency registered an uptick of over 30 percent in January alone. Last month was constructive for Bitcoin with respeThe post Bitcoin's CEI improves to -2. дальше »
2020-2-5 11:00 | |
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Analyst: this pattern shows Bitcoin could be bound for a massive July breakout
The past couple of days have been rocky for Bitcoin (BTC), with the benchmark cryptocurrency facing some notable downwards pressure in the time following its recent rejection at $9,600. It is important to note that the rejection at this level – although bearish over the short-term – may actually throw Bitcoin into a highly bullish […] The post Analyst: this pattern shows Bitcoin could be bound for a massive July breakout appeared first on CryptoSlate. дальше »
2020-2-5 06:00 | |
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Bitcoin is Brewing the Perfect Storm for a Parabolic Mid-2020 Rally
2020 has been Bitcoin’s year, with the cryptocurrency posting massive gains throughout January as bulls attempt to lay the groundwork for BTC to see parabolic gains throughout the rest of the year. It is important to note that there is currently a multitude of separate factors that are influencing Bitcoin’s price action, and the confluence... The post appeared first on NewsBTC. дальше »
2020-2-4 04:00 | |
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Bitcoin’s Dominance is at a Critical Level That Could Determine the Fate of Altcoins
Bitcoin has been incurring steady upwards momentum since the start of 2020, which has in turn allowed most major altcoins to similarly post notable gains. It is important to note that although many altcoins have... дальше »
2020-2-2 00:05 | |
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Ethereum Has Yet to Post a Strong Bottom; Are Fresh Lows Imminent?
Ethereum (ETH) has been moving in tandem with Bitcoin as of late, with BTC’s bullishness allowing the cryptocurrency to put significant distance between its 2020 lows and its current price levels. It is important to note that although ETH appears to have gained a solid foothold within the $170 region, the cryptocurrency has been struggling... The post appeared first on NewsBTC. дальше »
2020-1-31 02:00 | |
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$340: Ethereum Poised for a 100% Rally as 6 Months of Accumulation Comes to an End
Ethereum (ETH) along with most other major altcoins has been able to post a decent climb today, with the crypto rallying into the $170 region while Bitcoin pushes up towards $9,000. It is important to note that this rally may just be getting started, as one prominent cryptocurrency analyst explained in a recent tweet that... The post appeared first on NewsBTC. дальше »
2020-1-28 04:00 | |
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Bitcoin could soon revisit 2020 highs as mid-term bottom forms says analyst
Bitcoin has been caught within a relatively tight trading range over the past week, with BTC oscillating between weekly lows of $8,200 and highs of just under $8,800. The lack of decisive momentum has led some analysts to note that the cryptocurrency’s bullish market structure could be at risk of being invalidated in the near-term, […] The post Bitcoin could soon revisit 2020 highs as mid-term bottom forms says analyst appeared first on CryptoSlate. дальше »
2020-1-27 00:16 | |
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Crypto Market on the Brink of Immense Bearishness if Bitcoin Loses This Key Level
Although the past few weeks have proven to be highly bullish for Bitcoin (BTC) and the aggregated crypto markets, it is important to note that the local highs set by most major digital assets are looking increasingly like mid-term tops, and bears are slowly regaining control over the markets. дальше »
2020-1-26 21:45 | |
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Five Years of Bitcoin Trendlines All Lead to This One Point; “Fireworks” Inbound
Since Bitcoin’s genesis block was first mined, the cryptocurrency has been caught within a whirlwind that has allowed BTC to post gains that defy historical precedent. Although the past couple of years have tempered the excitement surrounding the cryptocurrency, it is important to note that multiple bullish factors are fast approaching on the horizon, and... The post appeared first on NewsBTC. дальше »
2020-1-24 04:02 | |
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Bitcoin's blockchain activity spikes; value transfers, miner fee note growth
Bitcoin's value plunged by nearly 5% over an hour on 19 January and at press time, was valued at $8,650. While this is the second time the king coin's price plummeted after crossing the $9,000-mark thThe post Bitcoin's blockchain activity spikes; value transfers, miner fee note growth appeared first on AMBCrypto. дальше »
2020-1-20 03:30 | |
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CME Group Is Launching Its Bitcoin Options amid High Anticipation in the Market
Coinspeaker CME Group Is Launching Its Bitcoin Options amid High Anticipation in the MarketExperts note high anticipation among market participants for the launch of CME Group Bitcoin options trading. дальше »
2020-1-13 15:12 | |
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Blockstream CEO Says, $100k Bitcoin Price Doesn’t Seem So Far Now
Popular analyst PlanB who first used the stock-to-flow model to determine Bitcoin price shared a note written by Hal Finney, a computer scientist and noted cryptographer known in the crypto community for his contribution to the development of the Bitcoin network. дальше »
2020-1-13 01:21 | |
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The Fate of Bitcoin in 2020 Could Rest on How it Responds to This Key Price Region
Yesterday was a wild day for Bitcoin, with the cryptocurrency surging well over 5% to highs of just below $8,000 before it met some insurmountable resistance that slowed this rally. It is important to note that BTC has been able to maintain all of its recent gains in the time since this rally first occurred.... The post appeared first on NewsBTC. дальше »
2020-1-7 22:00 | |
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Bitcoin records trading dominance of over 40% on Binance
Bitcoin began its year on a negative note. Its price fell below $7,200 on the second day of the year. The much-awaited Santa Claus rally didn't materialize for the world's largest cryptocurrency as thThe post Bitcoin records trading dominance of over 40% on Binance appeared first on AMBCrypto. дальше »
2020-1-4 23:30 | |
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