Bitcoin Readies for Another Attempt at Making New Highs

Bitcoin is expected to break out from the current resistance and reach a new all-time high in the process.   Possible Bitcoin Breakout On Dec. 25, the BTC price continued its consolidation just below the $23,950 resistance area, creating a bullish candlestick. дальше »

209 +

DOGE Breaks Out and Targets $0.0055

DOGE should continue increasing and break out from the resistance area outlined in the article. Similarly, DOGE/BTC has reached a crucial long-term support area from which a bounce is likely. Breakout and Retest The weekly chart shows that DOGE has been moving upwards since March. дальше »

180 +

Litecoin (LTC) Finally Breaks Out Above Long-Term Resistance

Both the LTC/USD and LTC/BTC pairs should continue moving upwards towards the targets given below. Breakout From Long-Term Resistance The weekly chart shows that LTC has finally moved above the $85 resistance area, something it has struggled to do since July 2019. дальше »

209 +

Bitcoin Smashes Through $20,000 — What’s Next?

This is likely the fifth wave in a bullish impulse which is expected to take Bitcoin to higher targets.   Bitcoin Breakout Leads To All-Time High Yesterday, the BTC price broke out and has now moved considerably above the $19,450 resistance area. дальше »

169 +

These 4 Factors Show Why Bulls are in Full Control of Bitcoin

Bitcoin and the entire crypto market have been caught within the throes of an intense bout of consolidation over the past few days and weeks This has come about despite the crypto making attempts to both breakout and breakdown as of late Just last night, BTC showed some promising signs of moving higher that ultimately resulted in it facing yet another rejection within the mid-$19,000 region The selling pressure here was not enough to strike […] дальше »

233 +

Bitcoin Wave Count Anticipates Breakout Above Range Highs

However, Bitcoin could first undergo a slight short-term correction before breaking out.   Bitcoin Extension Targets $26,000 The daily chart suggests that BTC began a bullish impulse (shown in white below) after the March 13 low and is currently in an extended third cycle wave. дальше »

177 +

Ethereum’s Fundamental Strength is Growing as Key Metric Points to Upside

Ethereum and the entire crypto market are currently consolidating following yesterday’s breakout rally This rally came about following Bitcoin move to its $19,400 resistance, which is a level that it has yet to surmount decisively Until BTC can break above this level, the rest of the crypto market will likely struggle to gain any immense momentum One analytics firm is now noting that Ethereum’s mid-term trend may be boosted by growing underlying strength They note […] дальше »

267 +

TA: Bitcoin Recovery Capped, Why $18.6K Is A Major Breakout Zone

Bitcoin price extended its decline towards the $17,650 level before correcting higher against the US Dollar. BTC is now facing hurdles near $18,600 (the previous key support). Bitcoin is facing hurdles near the previous support at $18,500 and $18,600. дальше »

182 +

Bitcoin is “Refining” This Bullish Range; Could Soon Post a Massive Breakout

Bitcoin is currently in the process of consolidating as bulls and bears battle for control of its near-term outlook Where the cryptocurrency trends in the mid-term will likely depend on whether or not bulls can once again push it above $19,000, as this has been a pivotal level for BTC A sustained bout of trading below here could open the gates for serious losses, but many factors are all working heavily in the cryptocurrency’s favor. […] дальше »

325 +

Bitcoin Short-Term Breakout May Create Another Opportunity to Overtake $20,000

Bitcoin is expected to continue increasing towards the targets given in this analysis. Bitcoin Creates Long-Term Double Top During the week of Dec 1-7, the BTC price created a small bullish candlestick which briefly took it to a new all-time high of $19,888 on Dec. дальше »

199 +

Bitcoin Short-Term Breakout Has It Aiming for $20,000 Again

At the time of press, Bitcoin was making another attempt at moving above the level after breaking out from a short-term pattern.   Bitcoin Deviates Above Resistance The BTC price has been facing resistance from $19,400 since it was rejected by the level on Nov. дальше »

291 +

TA: Bitcoin Bulls Keeps Pushing, Why $18.8K is a Key Breakout Zone

Bitcoin price is up over 4% and it broke the $18,500 level against the US Dollar. BTC is currently following a nice bullish path, but the $18,800 level is a strong resistance. Bitcoin is slowly rising and it broke the key $18,500 resistance. дальше »

129 +

Zilliqa breakout fades as price dumps 20%

The ZIL/USD and ZIL/BTC pairs are both precariously placed within long term resistance zones…

The post Zilliqa breakout fades as price dumps 20% appeared first on Coin Journal.

186 +

Bitcoin Breaks Out but Is Stopped Short of New All-Time High

The price has returned to validate the breakout level since and is expected to continue moving upwards.   Bitcoin Turns On the Heat The BTC price had been trading inside a symmetrical triangle since Nov 18. дальше »

306 +

Bitcoin Nears Highs, But It May Not Be Ready for a Breakout; Here’s Why

Bitcoin has seen some incredible strength throughout the past few days, with each dip being aggressively absorbed by buyers This has allowed the crypto to rally past the $18,000 level and gain what appears to be a strong and stable foothold here Where it trends in the near-term should depend largely on its continued reaction to this level One analyst is noting that BTC does look like it wants to test its post-2017 highs of […] дальше »

291 +

Bitcoin Continues Upward Move After Validating Breakout Level

The Bitcoin (BTC) price increased incrementally during the week of Nov 9-16. Even though the price failed to reach a close above $16,000, it returned to validate the previous breakout level and has begun to increase once more. дальше »

141 +

Why Traders Growngly Expect Bitcoin “Reaccumulation” At $15K Before Next Run

The price of Bitcoin (BTC) surpassed $16,000 with strong momentum and has remained above the resistance-turned-support area since the initial breakout. Yet, traders are turning slightly cautious, anticipating a “reaccumulation” trend in the near term. дальше »

158 +

Bitcoin Consolidates in Anticipation of a Breakout

Bitcoin (BTC) has been decreasing since being rejected by the $15,800 resistance area on Nov 9. Despite the drop, the price has been retracing and is trading inside a bullish pattern from which a breakout is expected. дальше »

137 +

Bitcoin Rally Stalls Under Resistance After Closing Lower High

Bitcoin (BTC) is possibly trading inside an ascending triangle with resistance at $15,800. The price movement and wave count suggest that an eventual breakout from the triangle is likely. Bitcoin Rally Stalls The Bitcoin price showed indecision on Nov 9. дальше »

174 +

Bitcoin (BTC) On-Chain Metrics Uncertain Amidst Historic Breakout: Analysts

Major analytical firms share their views on the ongoing processes on the Bitcoin (BTC) network дальше »

228 +

Bitcoin corrects sharply as markets react to the US election

Bitcoin’s price needs to hold above $13,600 to prevent a bearish breakout Bitcoin (BTC)... The post Bitcoin corrects sharply as markets react to the US election appeared first on Coin Journal. дальше »

107 +

Hedge Funds Widely Flip Short on Bitcoin Despite Blatant Breakout

Bitcoin has been caught within the throes of an intense uptrend throughout the past few weeks This has led its price to post massive gains, with bulls now vying to post a monthly close above $13,800 for the first time Although this would mark the highest monthly close ever seen by BTC – which would be undeniably bullish – not everyone is convinced Data from the latest Commitment of Traders report from the CME shows […] дальше »

227 +

Bitcoin Drops After Failure to Sustain Breakout

On Oct 28, Bitcoin (BTC) was subject to a sharp drop that took the price from a high of $13,864 to a low of $12,892. Despite the fact that the price is trading above support, the price action suggests that BTC will eventually drop lower. дальше »

211 +

Why Decoupling Is Bitcoin’s Only Chance At Making Significant Growth

Bitcoin’s incapability to make a significant price breakout has been credited to a lot of factors birthing volatility. BTC’s correlation to the stock market is a major indicator that the dominant cryptocurrency is about to get hit with intense volatility, this is according to the cryptocurrency analytics platform, Weiss Crypto Ratings. In a similar report, […] дальше »

136 +

Bitcoin Poised to Retake $12,000 — 2 Technical Reasons Why There’s Still Room To Run

Bitcoin is currently trading at $11,771 after a significant 2. 3% breakout today above the last high of $11,720 on October 12. It seems that the bulls have been able to defend the renewed daily uptrend and are close to pushing BTC above the critical $12,000 psychological level again. дальше »

211 +

Bitcoin Consolidates in Preparation for Breakout Attempt

Bitcoin (BTC) spent the past week consolidating above $11,150. The price is expected to soon begin moving upwards towards higher targets. During the week of Oct 12-19, the Bitcoin price gradually continued the ascent that it began in early September. дальше »

212 +

Analyst: Bitcoin Would Rocket to $20k if It Were to Breakout Today

Bitcoin’s price has been struggling to gain any serious momentum over the past few days This has come about due to the stock market’s sideways trading, which is still holding heavy influence over that of BTC The cryptocurrency is facing some heightened selling pressure due to bearish developments within the market, but bulls have been absorbing the heavy influx of sell orders Where the entire market trends next may depend largely on Bitcoin One analyst […] дальше »

277 +

Bitcoin’s Failed Breakout Leads to Re-Test of Support

On Oct. 15, the Bitcoin (BTC) price broke out from its short-term descending wedge, but failed to sustain its higher prices. An upward move towards the targets given below is still the most likely scenario. дальше »

205 +

Bitcoin (BTC) Blasts Through $11,000 Following Bullish Triangle Breakout

Bitcoin price just smashed back above $11,000 and bulls are now attempting to flip the key level as resistance turned support. The move comes following the breakout of a triangle pattern, and a sudden reappearance of weakness in the dollar’s now short-lived recovery. дальше »

199 +

Analyzing Bitcoin’s Symmetrical Triangle Trading Range

Bitcoin (BTC) looks to be approaching the end of its consolidation inside a symmetrical triangle pattern. A breakout or rejection from this level will be crucial in determining the future trend. Bitcoin Inside Symmetrical Triangle The Bitcoin price has been trading inside a symmetrical triangle since reaching a local low of $9,825 on Sept 8. дальше »

256 +

Bitcoin News Roundup for Oct. 1, 2020

With BTC looking for a breakout and more casualties in the aftermath of 2017s ICO boom, CoinDesk’s Markets Daily is back for your latest crypto news roundup! дальше »

223 +

Bitcoin price may surge as fear and uncertainty strain global markets

Despite Bitcoin’s online sentiment being at a two-year low, analytics say that BTC may be on the verge of a breakout.

245 +

Bitcoin Continues Ascent After Bouncing Back

The Bitcoin (BTC) price is approaching a crucial resistance area, a breakout above which would confirm that the trend is bullish. Technical indicators and the wave count suggest that a breakout is expected. дальше »

224 +

Top 5 cryptocurrencies to watch this week: BTC, DOT, CRO, XEM, XTZ

The tight consolidation in Bitcoin and a few altcoins points to a potential breakout within the next few days.

153 +

Bitcoin Poised to Breakout with Strong Resistance Ahead, Presenting A ‘Turbo Moon’ Opportunity

This week, bitcoin jumped higher. Yesterday, the digital asset even briefly hit $11,000. However, BTC slowly made its way below $11k today but is still trading above $10,800. Going forward, $11,600 is “strong resistance” for bitcoin, and if the digital asset closes above this level, while ETH/BTC is below 0. дальше »

386 +

Analyst Expects Bitcoin to Fall by $2K Despite Bullish Fundamentals

As Bitcoin attempts a breakout move above $11,000, an analyst sees the cryptocurrency moving in the opposite direction. TradingView contributor Vince Prince placed the latest BTC/USD moves inside a descending channel. дальше »

147 +

Bitcoin Miner Outflows a Grave Sign for BTC Despite $11,000 Breakout

Bitcoin has seen some intense strength throughout the past several days, with the cryptocurrency marching from lows of $9,900 to highs of over $11,000 that were set today. This strength is somewhat unique in that BTC is the only major cryptocurrency currently marching higher, as most others are stuck within consolidation phases or downtrends. Ethereum, […] дальше »

267 +

Bitcoin Jumps 5%, But $11,000 Is Still A Crucial Breakout Resistance

Bitcoin price is slowly gaining momentum and it broke the $10,700 resistance against the US Dollar. BTC is up 5%, but it is still facing a major resistance near $10,800 and $11,000. Bitcoin is rising and it broke the $10,500 and $10,700 resistance levels. дальше »

143 +

Bitcoin Near Key Inflection Zone, $10,500 Holds The Key For Next Rally

Bitcoin price remained well supported above $9,900 and $10,000 against the US Dollar. BTC is currently recovering and approaching a major breakout zone at $10,500. Bitcoin is trading higher, and it surpassed the $10,200 resistance zone and he 100 hourly simple moving average. дальше »

218 +

Bitcoin’s Looming Breakout Could Make for New 2020 Highs

The Bitcoin (BTC) price has broken out from a crucial resistance area and invalidated a number of bearish wave counts. This makes it likely that BTC has begun a new upward wave that takes it above the current yearly highs. дальше »

128 +

Bitcoin (BTC) stock price corrects after a failed breakout

Bitcoin (BTC) price has been dragged lower to test weekly support near $11,000 after the buyers failed to close above the $12,000 handle last week.   Fundamental analysis: A beginning of another bull market? The largest Bitcoin exchanges and crypto wallet apps such as Coinbase, Blockchain Wallet, Binance, BRD and others registered record-high combined downloads last month, largely thanks to the fact that many institutional investors turned to BTC in the midst of unparalleled coronavirus stimulus spending. дальше »

362 +

Bitcoin Continues Bleeding After Failed Breakout

The Bitcoin (BTC) price has been decreasing since Aug 17 and has fallen below the previous breakout level. Unless the level is reclaimed, the price movement is considered bearish. Bitcoin Trading Range On Aug 17, the Bitcoin price broke out from the $11,950 area, which had been acting as resistance since the Aug 2 high. дальше »

236 +

Bitcoin Drops After Failed Breakout Above $12,000

On Aug 17, the Bitcoin (BTC) price created a bullish engulfing candlestick and broke out above its previous high. The higher prices could not be sustained, and BTC fell back below its breakout level the next day. дальше »

316 +

Bitcoin Plunges Under $12,000 After Breakout: Here’s What Could Come Next

On Monday, Bitcoin underwent a notable breakout. The asset surged from the $11,800 baseline it was trading at to a daily high just shy of $12,500 in the span of hours. The move brought BTC above the pivotal $12,000 region, which acted as resistance at the highs of three separate rallies over the past two […] дальше »

347 +

Bitcoin Breaks Out Above $12,000 — Legitimate or Fakeout Rally?

On Aug 17, the Bitcoin (BTC) price created a bullish engulfing candlestick and broke out above its previous high. While the breakout looks legitimate, it is not yet clear if there is enough buying power for BTC to continue making higher-highs. дальше »

314 +

Cosmos, IOTA, Chainlink Price Analysis: 17 August

Bitcoin [BTC] was holding the support level at $11,800 with an eye on a possible breakout over $12,000, at the time of writing. However, BTC's movement has been relatively recent as, over the last fewThe post Cosmos, IOTA, Chainlink Price Analysis: 17 August appeared first on AMBCrypto. дальше »

404 +

It’s Decision Time for Bitcoin as Technicals Suggest a Crucial Breakout Pattern

Bitcoin price is trading in a range above the $11,700 support zone against the US Dollar. BTC is likely to surge higher once it clears the main $12,000 resistance zone. Bitcoin is trading in a positive zone above the $11,700 and $11,750 support levels. дальше »

155 +

Crypto Price Analysis August 12: BTC, ETH, LTC, EOS, XRP

Coinspeaker Crypto Price Analysis August 12: BTC, ETH, LTC, EOS, XRPCryptocurrencies are still correcting before another attempt to start a new bullish impulse. In charts of many cryptoassets, they are forming a Triangle pattern, a breakout of which to the upside may lead to the continuation of the current trend. дальше »

244 +

Ethereum Classic Prints Bearish On-Chain Signals Despite Bitcoin Breakout

Bitcoin is breaking higher, but the same cannot be said about Ethereum Classic (ETC). The popular altcoin has dropped in the past 24 hours, posting a loss of around 2%. This means the asset is underperforming BTC by 5%. дальше »

186 +

Price Analysis 8/7: BTC, ETH, XRP, BCH, BSV, LTC, ADA, LINK, BNB, CRO

Bitcoin and altcoins might consolidate or correct marginally for a few days before a possible breakout to the upside.

350 +