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Bitcoin Traders Discuss the Likely Short Term Correction Case For BTC Price

The Bitcoin price is hovering above $17,700 after an explosive overnight rally. Albeit the market sentiment is at its peak, some traders anticipate a healthy BTC price pullback might occur. Michael van de Poppe, a full-time trader at the Amsterdam Stock Exchange, said an average 30% correction would mark a healthy pullback for BTC. If […] дальше »

2020-11-18 21:35


Ethereum “Crashes Heavily” Against BTC as Market Faces Strong Pullback

Ethereum has been severely underperforming Bitcoin as of late, which has led the ETHBTC trading pair to see immense weakness It is currently plunging lower as Bitcoin’s $13,800 rejection sends shockwaves throughout the market Although it has reached its first key support zone, weakness seen by both BTC and ETH individually will likely drag it significantly lower in the near-term This weakness can only be reverted if bulls step up and propel both the cryptocurrencies […] дальше »

2020-10-29 23:00


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This Bearish Divergence Suggests Bitcoin Will Soon See a $1,300+ Pullback

Bitcoin and the aggregated crypto market are currently caught within the throes of a volatile trading session, with BTC plunging below its key $12,000 support level. The break below this crucial support caused it to plunge as low as $11,600, with bulls stepping up and guarding against a decline beneath this level. Analysts are now […] дальше »

2020-8-19 19:00


Here’s How Low Bitcoin May Drop Before It Can Rally Even Higher

To the surprise of some investors, Bitcoin has been able to find some relative stability above $9,500 The cryptocurrency has now been trading above this level for over a day, and bears have not been able to catalyze any type of sharp selloff It now appears that BTC may need to see a pullback before it can push any higher, as buyers seem to be losing their momentum One analyst is closely watching one crucial […] дальше »

2020-7-25 21:00


Why Bitcoin traders fear a significant pullback for the first time in 2 months

The Bitcoin price has dropped by around three percent overnight after it rejected $9,600. A handful of traders are now becoming cautious towards BTC for the first time since December 2019. Here’s why a pullback for Bitcoin would make sense In May 2018, after the Bitcoin price rejected the $9,000 region, BTC went onto drop […] The post Why Bitcoin traders fear a significant pullback for the first time in 2 months appeared first on CryptoSlate. дальше »

2020-1-31 09:36


Bitcoin has all 5 technical and fundamental elements for a proper full-blown rally

The Bitcoin price is up 45 percent in the past month and a half. Historically, such an extended rally warrants a pullback. But, BTC now has all five elements for an extended upside movement. Two key technical elements: lower time frame sell absorption, higher time frame bullish structure Throughout the past 43 days, the Bitcoin […] The post Bitcoin has all 5 technical and fundamental elements for a proper full-blown rally appeared first on CryptoSlate. дальше »

2020-1-30 11:04