Ethereum’s Macro Price Action Suggests It May Hit $5,500 in 2021; Here’s Why

Ethereum has flashed some signs of technical strength throughout the past few hours, which has come about due to the rebound seen by Bitcoin. The cryptocurrency’s ability to surge from lows of $325 earlier today to highs of $355 is a positive development for its near-term outlook, as it does seem to suggest that bulls […] дальше »

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Ethereum Taps Key Resistance as Analysts Watch for Rebound to Falter

Ethereum has posted a strong rebound from its recent lows, with bulls pushing the cryptocurrency up to highs of $360 earlier today This upswing proved to be short-lived, and the cryptocurrency has since been rejected at this level Nonetheless, today’s price action has signaled that ETH’s sub-$320 lows may ultimately mark a long-term bottom that is followed by further upside While speaking about this, one analyst explained that although today’s rebound has been strong, it […] дальше »

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Here’s Why An Analyst Is Eyeing a Bitcoin Drop Toward $9,750

Bitcoin sustained a strong drop on Thursday after peaking at $12,000 earlier this week. The leading cryptocurrency now trades for $10,300, having collapsed around 15% from the local highs. BTC closed its daily candle below pivotal support levels, a technical signal that does not bode well for bulls. дальше »

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Here’s How Low One Analyst Expects Bitcoin to Plunge in the Mid-Term

It has been a rocky past few days for Bitcoin, as the benchmark cryptocurrency dropped as low as $11,100 following yesterday’s surge to highs of $12,200 This weakness came about in the form of a slow descent down to $11,700, which is the point at which it incurred a massive inflow of selling pressure Bulls were able to defend its $11,100 support, and where it trends next may depend largely on whether or not it […] дальше »

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Bitcoin Bulls Remain in Full Control as Long as They Defend a Few Key Levels

Bitcoin has witnessed intense inflows of selling pressure throughout the past several hours on news of Bithumb’s Korean offices being “raided” by authorities Although it remains unclear as to why the raid took place – or why Bitcoin investors should care – it instantly led fear to spread throughout the industry This created shockwaves that caused many other digital assets to plunge lower as well, with Ethereum at one point dropping from highs of $480 […] дальше »

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Analysts Expect Ethereum to Hit $500 Despite Tapping Massive Resistance

Ethereum has been flashing signs of immense strength throughout the past few days The cryptocurrency is now pushing towards its yearly highs as its bulls come out in full force This has allowed ETH to rally up to $437, with buyers now aiming at it setting fresh highs of over $440 in the near-term That being said, this level may act as strong resistance for the crypto in the near-term, potentially slowing its ascent Analysts […] дальше »

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Analysts Flip Bullish on Chainlink After Breaking Above Critical Resistance

After an extended period of consolidation, Chainlink’s price is finally breaking out as it begins navigating back up towards its all-time highs. This intense momentum that has guided it higher today came about as a result of its bulls shattering the resistance it was previously facing around $16. дальше »

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Here are the Simple Factors That Could Pull Bitcoin Towards Its 2020 Highs

Bitcoin is showing tempered signs of strength at the present moment as its price pushes up towards $11,800 The cryptocurrency has been seeing slight weakness in recent days, making this latest upswing a welcome development for bulls BTC has yet to break its prolonged consolidation phase between the lower-$11,000 region and $12,000 Some factors suggest a break of this range is imminent in the near-term One analyst is pointing to stock market strength and weakness […] дальше »

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Ethereum Bulls Defend Critical Support; Will Its Strength Last?

Ethereum has been facing intense selling pressure throughout the past few days which has caused its price to shed a good portion of its recent gains This selling pressure first came about after it incurred explosive momentum that sent its price surging up to highs of nearly $450 last week The crypto ultimately fell to the sub-$400 region yesterday, but this dip was quickly absorbed by aggressive buying pressure that helped it climb higher Analysts […] дальше »

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Chainlink rallies to fresh highs of $16, but data reveals mounting selling pressure

Chainlink’s price has flashed signs of intense strength in recent weeks, with each pullback being aggressively bought by bulls. The post Chainlink rallies to fresh highs of $16, but data reveals mounting selling pressure appeared first on CryptoSlate. дальше »

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History Suggests Bitcoin Could Soon See a Rapid Rise to Fresh All-Time Highs

The entire cryptocurrency market – including Bitcoin – is currently witnessing some slight downwards pressure that has slowed BTC’s ascent The benchmark cryptocurrency is facing what appears to be insurmountable resistance at $12,000 Each attempt that bulls have made to break through this level has resulted in firm rejections that send its price reeling down towards the mid-$11,000 region Despite showing some signs of weakness, the cryptocurrency remains well-positioned to see further near-term upside – […] дальше »

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As Bitcoin Consolidates Around $11,700, Number Of Wallets Holding Over 1,000 BTC Hits Record High

After a dull couple of months, bitcoin bulls gained steam over the past few weeks to briefly push the price past $12,000. Although the bitcoin price has retraced a little bit to $11. 7K, the asset’s on-chain fundamentals are reaching new all-time highs. дальше »

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Bitcoin’s Macro Price Chart Is Giving a Fund Manager “All-Time High Vibes”

Bitcoin has seen a strong retracement since its highs of $12,200 set on Saturday. Bulls remain optimistic about the leading cryptocurrency. One fund manager in the space went as far as to say that the BTC chart is giving him “all-time high” vibes. дальше »

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Here’s Why Traders are Growing Cautious About Ethereum’s Uptrend

Ethereum has witnessed some incredibly mixed price action throughout the past few weeks After rallying up to highs of $415, it has been struggling to recapture this momentum as it largely trades below $400 Yesterday, ETH bulls pushed it to this key level before facing a massive influx of selling pressure that forced it lower It is now trading around its daily lows as bulls struggle to gain further momentum This has led one analyst […] дальше »

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Ethereum Bulls Face Mass Liquidation, But Analysts Point to Signs of Strength

Ethereum saw one of the most intense drops it has seen since mid-March yesterday, with the cryptocurrency’s price reeling from highs of $415 to lows of $300 in a matter of minutes. This decline caught bulls off guard, as the crypto was previously flashing signs of overt strength as it pushed higher each day. ETH’s […] дальше »

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Bitcoin Suddenly Plummets to $11.1k After Briefly Topping $12k – What’s Behind The Drop?

Bitcoin was looking solid and bulls were in control for the most part of last week. In the early hours of Sunday, it was in the $12K highs. But in a few minutes, it all came crashing down. With it, Ethereum, XRP, and other top coins also crashed. Where Bitcoin came from a $12K high […] дальше »

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Bitcoin’s network activity is at its highest since 2017 as bulls awaken

Bitcoin just set fresh 2020 highs today, close on the heels of it posting its highest monthly candle seen since mid-December of 2017. The post Bitcoin’s network activity is at its highest since 2017 as bulls awaken appeared first on CryptoSlate. дальше »

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Investor Greed Signals Bitcoin May Be Topping Despite Strong Monthly Close

Bitcoin was able to post an incredibly strong monthly candle close yesterday This marked the first time that the crypto had closed its monthly candle above $10,700 since mid-December of 2017 Shortly after the close took place, bulls stepped up and allowed BTC to set fresh 2020 highs of $11,800 It did face some heavy selling pressure at these highs that caused its price to see a sharp decline, but it has since stabilized Analysts […] дальше »

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Bitcoin Just Broke Past $11,500—and That’s Huge For Bulls

Bitcoin is ripping higher once again. In the past few hours, the leading cryptocurrency has begun to test the year-to-date highs at $11,500. And just minutes ago, BTC reached a local high of $11,700 after an influx of buying pressure. дальше »

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“Don’t Get Left Behind”: Bitcoin Forms Signal Seen Before 2017’s 2,000% Rally

It’s been an explosive past few days for the Bitcoin market. Even after a slight correction from the $11,500 highs, the asset remains up nearly 20% in the past seven days alone. Some analysts are still pricing in a correction, arguing that bulls are overextended here. дальше »

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Bitcoin Just Surged Past $9,700: What Do Analysts Think Comes Next?

Bulls seem to be decisively back in control, with Bitcoin retaking $9,700 just minutes ago for the first time in weeks. At the current price of $9,700, the asset is trading at highs not seen since the end of June. дальше »

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Chainlink Sees “Off the Chart” Exchange Inflows as Whales Look for an Exit

Chainlink’s impressive multi-year high reached a boiling point a couple of days ago when bulls pushed it to fresh highs of $8. 50 The crypto faced a firm rejection here that has since caused its price to reel lower Buyers have since been able to construct what could be a mid-term bottom within the lower-$7. дальше »

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Chainlink and Tezos bulls aim for new highs

Chainlink hit a new all-time high with a 40% jump while Tezos has tested...

The post Chainlink and Tezos bulls aim for new highs appeared first on Coin Journal.

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The Simple Reasons Why Ethereum Could Soon Explode to its $250 Local Highs

Ethereum has been struggling to recapture its long-held position within its trading range between $230 and $250. The token has traded below the lower boundary of this range for the past several days, but bulls are now trying to surmount it. дальше »

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Bitcoin’s Waning Range Faces Tough Test, Is A Drop to $7K Imminent?

Late in the week, bulls were upbeat that Bitcoin was showing strength above key support.  A mid-week crash that saw the digital asset fall from highs of $10K to the $9. 3K lows sent shockwaves around with investors panic selling. дальше »

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Time’s Running Out For Bears, Analyst Says A Full-Blown Bitcoin Bull Trend Is Coming

Some Bitcoin bulls have in recent weeks questioned the possibility of Bitcoin rallying to record highs. This is especially as it continues to fail to break above key resistance. But one analyst says it’s just a matter of time. дальше »

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Bitcoin rebounds after humongous sell scare that compromised $9K support, where next for BTC bulls?

The last few days have been critical for Bitcoin. With sentiments high, investors have been on the trembling edge. This has seen Bitcoin face trial in the form of a panic sell. From highs of $9,800 early in the week, Bitcoin went on freefall and as of yesterday had dipped under $9K. The bearish trend […] дальше »

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Crypto Traders Are Longing ETH (And Not Much Else)

ETH/USD continue to post record highs while other leading cryptos have struggled to attract bulls since the Black Thursday crash

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Crypto Is at a Critical Turning Point: 3 Factors Why Bulls Will Hold Strong

Bitcoin and the rest of the crypto market have been subject to strong reversals over the five days since last week’s highs. After reaching $10,000, the leading cryptocurrency plunged 20% in the span of 48 hours, crushed as over $1 billion worth of positions were liquidated on a number of crypto exchanges. дальше »

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This Technical Pattern Signals Bitcoin Could Soon See an Explosive 160% Rally

Bitcoin has entered what appears to be consolidation phase as it struggles to firmly surmount the $9,000 region The cryptocurrency is flashing some hints of bullishness as it attempts to gain a foothold within this region, although bulls need to garner greater buying pressure to make this happen One factor that could bolster Bitcoin and send it screaming back up towards its all-time highs is an extremely bullish technical pattern that just emerged Bitcoin has […] дальше »

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FOMO to Propel Bitcoin Higher as Statistics Show Less BTC Being Held on Exchanges

Bitcoin has been clearly bullish for the past 2 months and bulls have managed to push the digital asset above $10,000 yesterday. There is no denying that Bitcoin is strong right now and could hit yearly highs again. дальше »

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Bitcoin Extends Upside Today as Altcoins See Red: Price Analysis

Bitcoin (BTC) has rallied more than 2. 9 percent on the day as the top altcoin market, led by Ethereum (ETH) and XRP, flip red. Bitcoin is bidding to extend its daily gains for a seventh day as bulls push to break above recent highs at $9,500. дальше »

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Why Analyst That Called Bitcoin’s $3,200 Bottom Expects a “Face-Melting” Move

After a multi-day consolidation around $9,000, Bitcoin is finally breaking out again. Thursday morning saw the cryptocurrency hit $9,400, revisiting the highs of last week as bulls step in. While the ever-important $9,400-9,500 zone has held as macro resistance yet again, the asset is coiling for a breakout. And according to a top analyst, one... дальше »

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Bitcoin (BTC) Price Analysis (May 7)

Key Highlights • BTC/USD trade has entered another close upper range trading level of $9,500 and $9,000. • BTC/USD bulls may relatively keep pushing against bears in the next trading sessions. • An occurrence of a bearish engulfing candlestick against the past lower highs formed will signal a return of bears in the market. Bitcoin […] дальше »

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Ethereum Bulls in Serious Trouble as Fractal Forecasts Lower Lows

Ethereum saw a massive rejection from its overnight highs that led it to reel lower today, erasing part of the gains that were incurred during yesterday’s uptrend This has caused the crypto to flash signs of technical weakness, especially while looking towards its Bitcoin trading pair One analyst is also pointing to an extremely bearish XRP fractal pattern that ETH has been closely tracking as a potential reason why lower lows are imminent Ethereum incurred […] дальше »

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Here’s why Bitcoin’s dwindling open interest could be great for bulls

Bitcoin saw a notable overnight upswing that allowed it to climb as highs as $8,400, finding some stability around this price level as bears struggle to defend against the heavy buying pressure that has been driving this movement. дальше »

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Bitcoin Price Hits $8K Before BTC Halving, Is a Rally Imminent?

Coinspeaker Bitcoin Price Hits $8K Before BTC Halving, Is a Rally Imminent?With the Bitcoin halving event less than 13 days away, the BTC price rally continues. The coin has hit $8,000 with the bulls setting new higher highs striving to break strong resistances. дальше »

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This “Golden Pocket” Could Wipeout Ethereum’s Momentum

Ethereum is rapidly approaching its local highs as bulls begin garnering significant strength There is one “golden pocket” resistance level that could spark a major selloff if ETH is rejected here Some top traders are still noting that they expect this uptrend to extend significantly further The intense uptrend Ethereum incurred yesterday was able to further extend overnight, with the cryptocurrency pushing will into the mid-$180 region as its buyers make a bid at revisiting […] дальше »

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Bitcoin SV (BSV) Price Analysis (April 19)

Key Highlights BSV/USD market has been quite experiencing a series of lower highs since March 19. All BSV/USD trading indicators show that a consolidation market moves is in the loom. Price reversal from a $150 lower range spot could be a decent entry for BSV/USD bulls afterward. дальше »

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Ripple’s XRP Loses Key Support In Blow to Bulls; Here’s What Analysts Think is Next

Although the crypto market has posted a slight recovery since Monday’s brutal lows, Bitcoin, XRP, and all other cryptocurrencies remain down dramatically since Saturday’s highs. Case in point: XRP is still trading at $0. дальше »

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There’s a “High Probability” Ethereum has Bottomed, Opening the Gates for New Highs

Ethereum (ETH) and the aggregated crypto market is in the process of bouncing following yesterday’s intense selloff, with the current price action being emblematic of a relief rally that could ultimately be a bullish sign, if bulls are able to maintain the momentum. дальше »

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XRP Could See Massive Gains as Bulls Defend Critical Multi-Year Support

XRP investors witnessed some bearish price action earlier this week when the cryptocurrency plummeted from highs of $0. 34 to lows of $0. 28, which is where it was able to find some strong support that allowed it to reclaim its position above $0. дальше »

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Ethereum is Breaking its Correlation with Bitcoin, and It’s a Bad Thing for Bulls

Ethereum’s recent price action has been closely tied to that of Bitcoin in the time since it faced a rejection at its recent highs of $290, with its inability to further extend its parabolic uptrend signaling that bulls may not be as strong as they were previously thought to be. дальше »

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Bitcoin Bulls Back in the Driving Seat as Price Crosses $10K

Bitcoin has crossed into bullish territory above $10,000 alongside gold's rally toward seven-year highs. дальше »

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These 3 Key Factors Indicate an Epic Bitcoin Plunge is Imminent at $9,900

Bitcoin (BTC) has seen intense volatility over the past few days, with bulls propelling the crypto to highs of $10,200 before bears fought back and forced it down to lows of $9,700. In the time since, it appears that the crypto may be entering a bout of sideways trading. дальше »

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Cryptocurrency Markets Keep Powering Higher While Venture Capital Activity Plummets

Venture capital investments seemed to have fallen off a cliff this year as economic tensions escalate. Cryptocurrency markets meanwhile keep posting fresh 2020 highs as the bulls strengthen. According to recent data, venture capital activity is in free-fall. дальше »

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Analyst: Bitcoin will “punish” late longs as bulls grow over-leveraged

It’s been a whirlwind of a year for Bitcoin, with the cryptocurrency incurring a significant amount of bullish momentum in the early part of January when buyers pushed BTC’s price from lows of $6,800 all the way to highs of just under $10,000. дальше »

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Bitcoin’s Uptrend May Result in an Explosive Parabolic Rally Because of This Simple Factor

Bitcoin’s firm 2020 uptrend is likely far from over. After incurring some intense selling pressure earlier this week, bulls fought back and propelled the cryptocurrency all the up to highs of $9,900, which is just... дальше »

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Bitcoin just printed an elusive buy signal that has preceded previous parabolic rallies

Following a brief overnight selloff that sent Bitcoin to lows of $9,200, the cryptocurrency’s bulls have been able to post a strong defense of this key support level and have subsequently rallied BTC back up to its 2020 highs of $9,500. дальше »

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This Overlooked Factor Suggests Bitcoin May Soon See an Insane Crash

Bitcoin and the aggregated crypto markets are currently entering a bout of sideways trading that comes just days after the massive rally that sent BTC to highs of $9,500 occurred. The market structure that has developed as a result of the consistent gains seen by Bitcoin throughout 2020 highly favors bulls and has led many... The post appeared first on NewsBTC. дальше »

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