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Bitcoin Posts Massive 10% Drop as Altcoins Consolidate; What Analysts are Saying

Bitcoin has seen some immensely bearish price action throughout the past few days, with sellers gaining full control of its price action This has caused buyers to lose their grip over the market, being unable to spark any continued reversals It does appear that the selling pressure seen throughout the past few days may continue hampering its growth, as BTC is now at risk of breaking below a few key levels One analyst spoke about […] дальше »

2021-1-22 23:00


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Bitcoin at Grave Risk of Cratering to $7,400 as it Taps Multi-Month Trendline

Bitcoin is flashing some signs of weakness as it navigates towards the lower boundary of a trading range that has been firmly established over the past couple of weeks The crypto’s current weakness comes after a failed attempt by buyers to propel it towards $10,000 This decline has also led BTC down to a multi-month ascending trendline that has been guiding its price higher If it breaks below this level, analysts warn that it could […] дальше »

2020-6-8 22:00


3 BTC Mining Pools Accounts for 53% of Hash Rate, Bitmain Controls 2; Is Decentralization at Risk?

Bitcoin may not be as decentralized as it is normally touted. According to stats from BTC. com, two Chinese companies control over 52% of Bitcoin's hashrate. This, combined with reduced rewards from the May 2020 halving, begs the question of whether the leading digital asset is fully decentralized. дальше »

2020-5-21 19:05


Geopolitical Risk Is Back & It’s Bullish for BTC; Bulls Going Parabolic Now Is Not Healthy

For now, Bitcoin is keeping just under $9,000 after jumping to nearly $9,500 during this recent rally. These gains also have the world’s leading cryptocurrency outperforming other assets in 2020. While bitcoin is up 20% YTD and gold about 12%, equities are down -9% YTD with oil in the lead with -80%. As the crypto […] дальше »

2020-5-1 16:58


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Bitcoin on Brink of Serious Downside as Risk of Losing Support Grows

Bitcoin is at risk of seeing further downside as it tests a key descending trendline Some top traders are warning of BTC posting major losses in the coming days and weeks In the time following the tempered signs of weakness Bitcoin showed yesterday when it dipped below its key support at $7,200, the benchmark cryptocurrency has further extended this downtrend as bulls now defending against a dip below $7,000. This weakness has led BTC down […] дальше »

2020-4-21 21:00


Binance's CZ on BTC trend: newcomers selling a lot more, existing investors buying like crazy

Bitcoin which was supposed to be an 'uncorrelated asset' has followed the same path as other 'traditional risk assets'. Binance's CEO Changpeng Zhao[CZ] in a tweet on March 20, asserted that he was anThe post Binance's CZ on BTC trend: newcomers selling a lot more, existing investors buying like crazy appeared first on AMBCrypto. дальше »

2020-3-20 15:00


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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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