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This Silver Fractal Suggests Bitcoin Could Soon See a Parabolic Rally

Bitcoin’s well-established consolidation trend is showing no signs of ending anytime soon, as the crypto is still hovering within the mid-$9,000 region Each attempt to break above or below the upper and lower boundaries of its current trading range have been unsuccessful There is, however, one fractal pattern that bodes well for the crypto’s bulls One analyst is pointing to similarities between previous silver price action and Bitcoin for insights into where the benchmark digital […] дальше »

2020-6-18 21:00


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Here are the Simple Reasons Why Bitcoin May Soon Explode Past $10,500

After a brief break below $9,000 earlier this week, Bitcoin has been able to post a strong rebound from these lows, now navigating back up towards $9,600 This climb seen throughout yesterday is certainly positive for bulls, as it points to underlying strength amongst BTC’s buyers Analysts are now laying out a few simple reasons for why this recent price action could mark an accumulation pattern If this pattern plays out, then BTC is bound […] дальше »

2020-6-17 21:00


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These Simple Factors Suggest Bitcoin May Soon See a Massive Plunge

Bitcoin has once again extended its long-held bout of sideways trading, as it has now been hovering around $9,700 for the past few days The crypto did decline to lows of $9,400 this weekend, but buyers quickly absorbed the selling pressure that was driving this movement It now appears that there are some factors that suggest a downside movement could be imminent If these factors are enough to shatter a key trendline Bitcoin bulls have […] дальше »

2020-6-9 21:00


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Here’s What Comes Next After Bitcoin Closed Above Yearly Resistance at $9,500

Bitcoin’s buyers and sellers engaged in a heated battle yesterday just prior to the cryptocurrency’s critical monthly close This led it to see heightened volatility, with bulls prevailing over bears Buyers were able to propel the cryptocurrency above a massive monthly resistance level that has been holding strong throughout part of 2019 and all of 2020 The close above this level could be a bullish catalyst Bitcoin has been seeing some turbulence as it consolidates […] дальше »

2020-6-1 21:00


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XRP Could Soon Trap Bulls; Here’s How Low Traders Think It Could Decline

XRP, like most other altcoins, has been caught within a bout of sideways trading throughout the past several days and weeks The cryptocurrency’s rangebound trading may not last long, however, as analysts are now noting that it could be poised to see some major downside in the days and weeks ahead Its next notable decline could be sparked by a bull trapping movement higher Some analysts are even pointing to a fractal that suggests new […] дальше »

2020-5-24 22:00


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Here’s Why Traders Think Bitcoin is on the Cusp of Printing a $1,000 Candle

Bitcoin has continued ranging sideways within the upper-$9,000 region following a series of rejections at $10,000 The ongoing bout of sideways trading may mark buyers’ attempt to generate increased trading activity from bulls Analysts are noting that Bitcoin is nearing the apex of a large ascending triangle The resolution of this pattern could be the impetus for BTC to print a $1,000 candle Bitcoin has struggled to garner much momentum in recent times, with its […] дальше »

2020-5-21 02:00


Bitcoin Crossing $9,500 Could Lead to a “Major Spike”: Analyst Explains Why

Since falling as low as $8,180 on Monday, the day of the halving, Bitcoin has mounted a strong comeback that culminated in a move to $8,900 on Wednesday morning. Although this near 10% bounce from the lows has been impressive, traders believe that BTC could undergo a “major spike” should the ever-important $9,500 level be taken as support by bulls. дальше »

2020-5-13 15:00


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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 »

2020-5-12 21:00


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Ethereum Narrowly Avoids a Bloodbath as Bulls Struggle to Defend Critical Support

Ethereum saw a sharp overnight selloff that caused it to briefly dip into the sub-$200 level, putting it at grave risk of seeing a capitulatory decline Buyers were able to guard against this, however, and subsequently propelled the cryptocurrency back into the $200 region It now appears that ETH could still be at risk of seeing significant near-term downside, however, as a failure for it to surmount a resistance level it is currently stuck below […] дальше »

2020-5-8 23:00


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Bitcoin May Be Poised to Push to $11,000 as Bullish Confluence Grows

Bitcoin has entered what appears to be a consolidation phase as its bulls and bears reach an impasse This has led the benchmark crypto to trade sideways within the upper-$8,000 region for an extended period of time Analysts are noting that there are some bullish factors that seem to suggest the recent rally is far from over, and that BTC could soon make a bid at $11,000 Bitcoin has seen some highly bullish price action […] дальше »

2020-5-5 21:00


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Bitcoin‘s Fate May be Determined By How it Responds to this Single Level

Bitcoin pushed higher overnight as bulls attempted to firmly surmount the $9,000 region, although the crypto faced yet another rejection at these price levels One fund manager is now noting that BTC’s current price region seems like a logical place for its uptrend to stall This comes as a respected trader notes that the crypto has reached a pivotal price level that could determine its fate in the weeks and even months to come Bitcoin […] дальше »

2020-5-1 21:00


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Ethereum Forms Grim “Triple Top” Formation as 92% of Traders Go Long

Ethereum has pushed higher despite Bitcoin’s stability, leading bulls to retest its key near-term resistance The cryptocurrency is on the cusp of forming a highly bearish technical formation that could be confirmed if it posts another harsh rejection at its current price level This comes as 92% of traders on Bitfinex go long on ETH, signaling that a long squeeze may be imminent Although Bitcoin has continued extending its bout of rangebound trading within the […] дальше »

2020-4-29 23:00


The 1.5 Million Wallets That Acquired Bitcoin at $8,000 Could Pose a Problem for Bulls

Bitcoin’s rebound from its mid-March lows has led the cryptocurrency to climb up towards $8,000 – a price point that is proving to be a major resistance level for BTC. This resistance has led the crypto to face multiple harsh rejections here, although buyers have remained largely unphased due to the strength of this recent... дальше »

2020-4-28 02:00


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2 Reasons Tezos Risks a Chilling Correction Despite Bitcoin’s 6% Upsurge

Tezos has further extended the insane uptrend that was first incurred early yesterday, and the crypto is flashing overt signs of strength This uptrend is quickly leading XTZ up to its next major high-time-frame resistance – a level that could pose a serious to challenge to bulls If this resistance holds strong or Bitcoin begins losing its momentum, the crypto could be in for a serious near-term correction Tezos has been one of the strongest […] дальше »

2020-4-26 23:00


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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 »

2020-4-24 23:00


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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