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These Macro Factors Show That Bitcoin Bears are Gaining Control of BTC

Bitcoin’s bulls and bears appear to be locked within an intense battle for control over the cryptocurrency Bears have been gaining the upper hand over the past few weeks, as the crypto has been consistently trending downwards despite being caught within a multi-week consolidation phase Presently, BTC is trading just above a crucial support level that appears to be growing weaker due to it being tested on multiple occasions over the past few days As […] дальше »

2020-7-1 02:00


Litecoin's consolidation phase to continue before a potential upward breakout

Litecoin has so far failed to progress above the crucial $50-level. Despite numerous attempts upward, the coin's price was trapped below $45 after the massive decline just a week before. Over the pastThe post Litecoin's consolidation phase to continue before a potential upward breakout appeared first on AMBCrypto. дальше »

2020-5-17 21:00


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Bitcoin Analysts Chillingly Anticipate Months of Consolidation for BTC: Here’s Why

Bitcoin’s third-ever mining rewards halving event concluded yesterday, subsequently reducing the block rewards for miners by 50% Much to the chagrin of traders, this event did not lead to any notable volatility, as BTC has continued to experience rangebound trading in the upper-$8,000 region Analysts are now noting that BTC’s market structure does remain bullish so long as it is trading above $8,300 Despite this, the crypto could soon be subjected to months of consolidation […] дальше »

2020-5-13 21:00


Ethereum-Bitcoin implied volatility spread drops despite conflicting correlation patterns

The collective crypto market was in a consolidation phase; as Bitcoin's awaiting its third halving, conversations about the direction of its price engulfed the community. Currently, the cryptocurreThe post Ethereum-Bitcoin implied volatility spread drops despite conflicting correlation patterns appeared first on AMBCrypto. дальше »

2020-5-10 14:00


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“Simple Geometry” Shows Bitcoin is Bound to Drop Despite Healthy Consolidation

Bitcoin has stabilized above $7,500 following yesterday’s upswing Analysts are now noting that a confluence of factors suggest BTC will decline slightly before finding enough support to catalyze continuance of this uptrend This comes after a period that some traders have described as “healthy consolidation” Bitcoin has been able to maintain all of its recent gains overnight, as the benchmark cryptocurrency has begun stabilizing above the $7,500 region even in spite of the strength of […] дальше »

2020-4-26 21:00


Analysts believe Bitcoin may see months of consolidation despite investors’ “extreme fear”

Bitcoin saw a relatively sharp decline late-yesterday that marked a bearish resolution to its multi-day bout of sideways trading within the upper-$6,000 region. This downwards movement has come about during a time of immense fear amongst cryptocurrency investors and has further compounded this uncertainty – leading the benchmark crypto’s fear and greed index to hit […] The post Analysts believe Bitcoin may see months of consolidation despite investors’ “extreme fear” appeared first on CryptoSlate. дальше »

2020-3-31 17:04


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Ethereum Whales Are Accumulating ETH Despite Consolidation – Does This Boost The Notion That It’s Undervalued?

The crypto market has been in a period of consolidation over the last two weeks, with Bitcoin finally finding a footing above the $9k mark after pulling back under the price level. Ethereum, too, has been consolidating, and it seems that big holders have some admiration for the second-largest crypto by market cap. More interestingly, […] дальше »

2020-3-7 19:26