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This Alarming Pattern Suggests Bitcoin Could Soon Crater Lower
As Bitcoin continues its range-bound trading phase, traders are placing their bets on which direction it will trend next This consolidation has caused the cryptocurrency’s volatility to plunge to lows not seen in over a year It is unlikely that this trend will last for too much longer, as extended bouts of sideways trading are typically followed by massive movements One technical pattern that is strikingly similar to that seen in 2019 is now suggesting […] дальше »
2020-7-4 02:00 | |
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Here’s Why Ethereum’s Consolidation Could Result in an Explosive Move to $480
Ethereum has been consolidating over the past few days within the $220 region. Although on the surface its price structure seems similar to that of Bitcoin and its peers, it is important to note that it is currently stuck beneath its long-held trading range between $230 and $250. дальше »
2020-7-4 00:00 | |
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New Analysis Shows Bitcoin Is Structurally Similar to 2018’s $3k Bottom
After pushing as high as $9,300, Bitcoin bulls faced yet another strong sell-off on Thursday. The cryptocurrency slid from that local high to a low of ~$8,930 in a number of hours in a move that liquidated dozens of millions. дальше »
2020-7-3 03:00 | |
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Ripple Is Becoming a Dumping Ground for Bitcoin Spam Transactions
As Ethereum attracts more and more precious Bitcoin into its network, Ripple is attempting something quite similar. The results, however, appear far from convincing. Everyone Wants a Piece of Bitcoin... дальше »
2020-7-4 19:40 | |
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Making Sense Of Bitcoin’s Rising Dominance Rate
The Bitcoin dominance rate (BTCD) is currently trading inside a crucial resistance area, a rejection from which could trigger an accelerated move down. Similarly, Ethereum has created a bearish pattern inside a strong resistance area, forewarning of a similar decrease. дальше »
2020-6-30 20:10 | |
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Bitcoin Cash, Monero, BAT price analysis: 29 June
The price of Bitcoin once again dipped under $9k and bounced back a little above $9.1k. This plunge was visible in the altcoin market and a similar recovery was noted at press time. Bitcoin Cash [BThe post Bitcoin Cash, Monero, BAT price analysis: 29 June appeared first on AMBCrypto. дальше »
2020-6-29 15:00 | |
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Bitcoin, not banks, have millennials' trust in 2020
The financial crisis of 2008 shook the entire world and exposed the flaws in the world of Banking. However, financial analysts around the world have been noting a similar trend over the past few monthThe post Bitcoin, not banks, have millennials' trust in 2020 appeared first on AMBCrypto. дальше »
2020-6-23 11:00 | |
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Key Indicator Predicts a Massive Bitcoin Spike Will Happen Today or Tomorrow
Bitcoin’s price action over the past few weeks has been “boring” to many traders. Due to similar indecision in the equities market, which has influence over what direction cryptocurrencies will head, BTC has stalled in the $8,000s and $9,000s from early May until now. дальше »
2020-6-22 13:00 | |
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Ethereum’s Reaction to This Crucial Support Level Will Determine its Fate in 2020
Ethereum has seen some lackluster price action in recent times, largely facing sideways trading similar to that incurred by Bitcoin and the entire crypto market It has posted some signs of weakness throughout the past several hours due to it dipping below its well-established trading range This has led it down to what analysts are describing as a “crucial level,” and its reaction here could determine its fate in the months ahead One venture capitalist […] дальше »
2020-6-21 22:00 | |
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Data Shows Heightened Correlation Between Bitcoin Price and Google Searches
In 2017, Bitcoin mania was hitting the general public. The price was rocketing and people were drawn to do some research on the digital asset. The amount of searches and the amount of people buying bitcoin retail has been correlated in the past and we might be starting to see a similar situation arise in […] дальше »
2020-6-20 17:09 | |
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Bitcoin ‘Realized Cap’ Hits New High Similar to Pre-March $3K Crash
The realized cap of Bitcoin hit an all-time high just like in February 2020 when BTC price marked a local top.
дальше »2020-6-20 22:31 | |
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Bitcoin Fractal Mimicking Last Year’s Rally Points To $15K BTC By August
An oddly similar fractal mimicking Bitcoin’s price action during last year’s parabolic advance has started to form after the latest dip below $9,000. If the first-ever cryptocurrency continues to follow the same pattern, the asset could target as high as $15K before August 2020 is over. дальше »
2020-6-15 18:02 | |
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Ethereum Price Could Reach $7500 is Bitcoin Price Surges to $50,000, Believes Chris Burniske
Coinspeaker Ethereum Price Could Reach $7500 is Bitcoin Price Surges to $50,000, Believes Chris BurniskeETH is far from “dead,” but over recent months, its performance has left some wondering if the cryptocurrency will ever experience gains similar to those seen in 2017 and in 2018. дальше »
2020-6-16 15:47 | |
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Crypto Asset BitGesell Coin (BGL) Get Listed on HotBit Exchange
Through a press release, digital asset BitGesell coin (BGL) that is built on similar source code as that of Bitcoin announced to be listed on its first crypto exchange, Hotbit. The digital asset was developed to store value in a better environment than the mother coin, Bitcoin. дальше »
2020-6-13 16:36 | |
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Bitcoin Following Scarily Similar S&P 500 Fractal Would Set New All-Time High By Late 2020
A shockingly similar fractal from the S&P 500 during the 2008 recession Bitcoin was born from is playing out across the cryptocurrency’s price chart. If the first-ever crypto asset continues to follow the same path as the SPX did back then, Bitcoin will set a new all-time high record before the end of 2020. S&P […] дальше »
2020-6-11 19:00 | |
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Bitcoin Price Could Hit $75K within Weeks Similar to 2013 Bull Run
Coinspeaker Bitcoin Price Could Hit $75K within Weeks Similar to 2013 Bull RunIt has been found out that the behavior of Bitcoin now is quite similar to what happened in 2013. If the situation repeats, BTC price may reach new highs just in a few weeks. дальше »
2020-6-10 15:42 | |
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Exponential Growth: Bitcoin’s Trading Volume Could Rival Major Asset Classes
Bitcoin’s trading volume has experienced exponential growth which could reach levels similar to major asset classes, according to a new report by Coin Metrics. The cryptocurrency’s daily volume could exceed that of all U. дальше »
2020-6-4 13:10 | |
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Bitcoin Cash faces re-test at $234
It has been a chaotic few days for digital assets; it started with Bitcoin breaching $10,000 range but within the next 24-hours, a $500 depreciation was witnessed. Bitcoin Cash faced a similar situThe post Bitcoin Cash faces re-test at $234 appeared first on AMBCrypto. дальше »
2020-6-3 20:00 | |
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Glassnode: Investors Prefer Long-Term Bitcoin Investments
Despite the fact that cryptocurrency trading attracts many fast money lovers, statistics show an increase in the popularity of the “buy-and-hold” strategy among bitcoin investors. According to statistics from the well-known Glassnode agency, more than 60% of all BTCs did not participate in transactions during the last year. дальше »
2020-6-2 18:27 | |
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Why Surging Options Volume Can Put an End to Ethereum’s Epic Rally
Ethereum posted an intense breakout rally yesterday that allowed it to set fresh local highs This rally came about rather suddenly, with it coming about prior to any movement seen by Bitcoin or the aggregated crypto market Analysts are now noting that this uptrend may start to falter in the days ahead, as it is currently repeating a pattern that is strikingly similar to that seen in months past This potential weakness comes as Ethereum’s […] дальше »
2020-6-1 22:00 | |
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These Three Factors Show Bitcoin Will See a Massive Selloff at $10,000
Bitcoin has seen some incredibly mixed price action as of late, with BTC struggling to garner any notable momentum as it approaches its heavy resistance $10,000 This resistance has proven to be insurmountable on multiple occasions throughout the past several weeks and months One analyst is now noting that BTC’s ongoing rally up towards the five-figure price region is strikingly similar to that seen in months past Three factors signal that this rally could be […] дальше »
2020-6-1 19:00 | |
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Analyst: Bitcoin Market Structure Looks Very Similar to $10,500 February High
Since bottoming at $8,600 over five days ago, Bitcoin has performed extremely well. The asset rallied as high as $9,650 on Thursday, liquidating dozens of millions of dollars worth of shorts in the process. дальше »
2020-5-30 04:00 | |
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Ethereum Breaks Out, Bitcoin Could Follow Its Lead
After breaking out from the $9,200 resistance area, the BTC price is moving towards its descending resistance line at $9,700. While the price movement is not identical, Ethereum has just broken out from a similar descending resistance line. дальше »
2020-5-29 03:59 | |
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Ethereum IV dips to 2020 low as interest resurfaces
The strong correlation between Bitcoin and Ethereum has led the second-largest cryptocurrency to follow a similar price movement as BTC. Even though ETH was reporting a loss of 4.18% of its value in MThe post Ethereum IV dips to 2020 low as interest resurfaces appeared first on AMBCrypto. дальше »
2020-5-29 00:30 | |
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Crypto Altcoins May Tumble as BTC Dominance Looks to Break Key Resistance
After days of stagnation, the crypto market finally broke higher on Wednesday. In the past 24 hours, Bitcoin has gained 4%. Most altcoins have registered similar gains over that same time frame. Signs are growing that this bull trend will continue, with BTC bouncing off key supports during the recent retracement. дальше »
2020-5-29 15:00 | |
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Altcoin roundup: Ethereum, EOS and Ripple
Ethereum, EOS and XRP are three of the top 10 altcoins by market cap but struggled since Bitcoin’s crash earlier this year As Bitcoin staged a remarkable rebound of 150% from its March 2020 lows, most of the altcoin markets rallied in similar trends to hit new recent highs. дальше »
2020-5-28 18:18 | |
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Bitcoin, Gold Post Strikingly Similar Bearish Moves as Cash Demand Rises
Bitcoin and Gold markets formed a strong intraday positive correlation for the first time since January 2020. The safe-haven rivals suffered losses on Thursday as investors rushed to the safety of cash. дальше »
2020-5-22 08:39 | |
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These 4 Altcoins Could Soon Initiate Upward Movements
OGN and COS are showing signs that their long-term downward trend may be nearing its end. Even though ETC and VIBE show similar price action, the chances for a reversal are not as strong. With the consistently increasing Bitcoin dominance rate, altcoins are naturally falling to their lowest levels when looking at their BTC pairs. дальше »
2020-5-19 04:20 | |
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Ethereum: DeFi, smart contracts face issues as gas prices rise by exorbitant levels
Over the last month, Ethereum's gas prices have been surging faster than Bitcoin's price. The average gas price increased 3X since the start of May. The reason for this surge is similar to when CryptoThe post Ethereum: DeFi, smart contracts face issues as gas prices rise by exorbitant levels appeared first on AMBCrypto. дальше »
2020-5-15 21:30 | |
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Analyzing Bitcoin’s Correlation to the Oil Price
The Bitcoin price reached a bottom on March 13, while oil did so on April 22. Since then, both assets have been moving upwards at a similar pace. While we have previously looked at the correlation between Bitcoin and the S&P 500, we have not done the same for oil. дальше »
2020-5-15 20:20 | |
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Bitcoin Transaction Fees at Highest Level Since Summer 2019
Bitcoin is seeing an uptick in transaction fees in the past few weeks, now on similar levels to fees during the summer of 2019. During periods of increased activity on Bitcoin’s network, transaction fees tend to spike. дальше »
2020-5-14 13:10 | |
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This 2014 Bitcoin Fractal Could Predict the Upcoming Correction
On May 7, the Bitcoin price reached a high of $10,067 and initiated a sharp decrease. The price movement around this decrease is very similar to that in January 2014. After reaching a low of $8,117 on May 10, the Bitcoin price began an upward move that is still ongoing. дальше »
2020-5-14 02:20 | |
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Bitcoin Price Chart Fractal Seen in 2019 Hints at $14K Within Months
Bitcoin rose from $5,000s to $14,000 in 62 days in mid-2019: BTC is now showing an eerily similar trend
дальше »2020-5-14 19:13 | |
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BYND Bitcoin: Beyond Meat & BTC/USD Are Trading In Perfect Sync
Bitcoin and Beyond Meat stock are trading in a remarkably similar pattern and investors on both sides are unlikely to enjoy the comparison. The post BYND Bitcoin: Beyond Meat & BTC/USD Are Trading In Perfect Sync appeared first on CCN.com дальше »
2020-5-11 20:30 | |
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Ethereum Holds Strong Above $200, Can ETH Follow Bitcoin’s Rise
Ethereum is up around 2% and it broke the key $210 resistance against the US Dollar. ETH price is showing positive signs and it could rise further, similar to bitcoin. Ethereum is slowly moving into a bullish zone above the $210 pivot level. дальше »
2020-5-8 07:38 | |
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Is This Bitcoin Wave Fractal Following Oil’s Path to Negative Pricing?
Bitcoin’s halving is only a mere seven days away, and the bulls are already out in full force. However, according to an eerily similar price fractal that preceded oil’s recent, record-breaking fall into negative territory playing out on Bitcoin price charts, the halving may have the opposite effect than people are expecting. V-Shaped Bitcoin Recovery... дальше »
2020-5-7 00:00 | |
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Ethereum Gearing For Another Lift-Off to $250: Rally Isn’t Over Yet
Ethereum is following a strong bullish path above the $200 support against the US Dollar, similar to bitcoin. ETH price is likely to continue higher towards the $240 and $250 levels. ETH price corrected lower from the $227 high, but found support near $202 against the US Dollar. It is currently rising and trading with... дальше »
2020-5-3 09:08 | |
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Data Shows Ethereum Is Better Money Than Bitcoin
A look at over 10,000 Ethereum addresses shows that a much greater proportion of Ether actively circulates between payment processors, compared to similar figures for BTC. A Deep Dive Into...The post Data Shows Ethereum Is Better Money Than Bitcoin appeared first on Crypto Briefing. дальше »
2020-4-30 22:28 | |
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