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2 Reasons Why Current “Frying Pan” Bottom Is Extremely Bullish For Bitcoin

Bitcoin bulls could be on to something splendid after price printed a bullish reversal pattern on Thursday, days after losing grip of the $53,000 support. According to Mathew Hayland, a seasoned crypto technical and on-chain analyst, Bitcoin’s price is slowly forging a pattern that could ignite a spirited bullish run once various conditions are met. […] дальше »

2021-12-24 16:47


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Elon Musk Riles Up Dogecoin Bulls After Coinbase Listing: Why The Meme Coin Could Go Sky High Or Hit Rock Bottom From Here

As of publication, the meme cryptocurrency Dogecoin, is the best performing cryptocurrency, out of the top ten, within the last 24 hours. Doge has successfully corrected losses following last week’s bear market, bringing weekly gains to 10%, and daily gains to as high as 22%. дальше »

2021-6-3 19:11


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If History Rhymes, Bitcoin is Likely to Start Developing a Long-Term Bottom

Bitcoin is currently undergoing a serious correction that has caused its price to see some significant losses throughout the past few days The cryptocurrency is now hovering just a hair above $30,000, with bulls struggling to support it above this level as bears take control Where it trends in the mid-term will undoubtedly depend largely on whether or not $30,000 holds as support Any major break below this level could be all that it takes […] дальше »

2021-1-28 23:00


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The Grayscale Bitcoin Trust May Be Signaling BTC has Formed a Long-Term Bottom

Bitcoin has been consolidating between $9,000 and $10,000 for the past several days and weeks, struggling to garner any clear trend The crypto has expressed some overt weakness in recent times due to its propensity to trade near the lower boundary of this range Buyers have been ardently defending against a drop below $9,000 One trend seen while looking towards the publicly traded Grayscale Bitcoin Trust seems to indicate that the cryptocurrency could be forming […] дальше »

2020-7-2 02:00


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Ethereum is Showing Early Signs of Macro Weakness; What to Watch For

Ethereum has been inching lower after breaking below the support level at the bottom of its long-held trading range This decline has come about despite Bitcoin showing some signs of stability within the lower-$9,000 region ETH is now trading at a crucial support level that buyers are attempting to defend, as a break below it could be dire Analysts are now noting that for the first time in a long time ETH is showing signs […] дальше »

2020-6-29 22:00


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Bitcoin Funding Rates Flip Negative as Sellers Build Momentum; What to Watch For

Bitcoin has seen some intense turbulence throughout the past day, with the cryptocurrency losing the support it had at $9,400 before plummeting into the $8,000 region Buyers were able to guard against the massive influx of selling pressure, supporting it above $9,000 for most of the day The defense of the upper-$8,000 region has caused the crypto to form a double bottom seen while looking towards its RSI This indicates that the crypto could be […] дальше »

2020-6-16 02:00


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Is the Worst Behind for Bitcoin as It Recovers from Pre-Halving Dip?

After concluding its third-ever block rewards halving, Bitcoin has shown some immense signs of strength from both a technical and fundamental standpoint The cryptocurrency has now recovered a good portion of the losses that came about as the result of its recent dip, leading many analysts to conclude that this could mark a local bottom BTC’s hash rate has also remained quite high in the time following this event, which is a sign of strength, […] дальше »

2020-5-13 21:00


After 90% crash, Ethereum just printed a major cycle bottom: fund manager

Believe it or not, there was a time when a single Ethereum traded for over 0.10 BTC, meaning that you could sell a mere handful of the altcoin and obtain a whole Bitcoin as a result. However, it’s a whole different story today; since the highs set at the peak of 2018’s bubble, altcoins have […] The post After 90% crash, Ethereum just printed a major cycle bottom: fund manager appeared first on CryptoSlate. дальше »

2020-4-27 16:00


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Sorry BTC Bulls: Analyst Says Ongoing Miner Capitulation Could Trigger A 2018-Esque ‘Death Drop’

As the bitcoin price climbs back above $7,300, the question on everyone’s mind is whether the most recent bottom is in, or whether another big drop is in the offing. One analyst in the crypto community recently pointed out that BTC could still dump hard from here, despite the current bullish momentum. This, as he […] дальше »

2020-4-8 14:16