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Bull Case Grows: Millions of Bitcoin are Being Sent to Dormant Accumulation Addresses

Bitcoin’s price action has remained rather stagnant throughout the past couple of days, with bulls being unable to catalyze a break above $40,000 on the first attempt The selling pressure here remains quite significant, and whether or not this level can be firmly broken above could set the tone for its mid-term trend From a technical perspective, Bitcoin’s short-term outlook remains somewhat unclear, as it is currently moving lower despite bullishness amongst altcoins It may […] дальше »

2021-1-16 21:00


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Chainlink Posts Strong Rebound; Why It Could Soon See a Bullish Trend Shift

Chainlink has been severely underperforming Bitcoin throughout the past few weeks, with the crypto remaining well below its 2020 highs despite Bitcoin’s strength Many altcoins have seen similar performance, as the proverbial ‘altseason’ that investors are watching for remains elusive The crypto has seen a notable rebound throughout the past few days, with its price […] дальше »

2021-1-14 00:00


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Ethereum is About to Test a Key BTC Resistance Level; What Analysts are Saying

Ethereum has finally broken its trend of underperformance against Bitcoin, with the crypto’s recent break above $700 allowing it to gain some ground on the ETHBTC pair This strength does appear to be growing, as the crypto has yet to face any harsh rejection around its recent highs, despite Bitcoin’s potential blow-off top at $28,500 BTC’s ongoing consolidation phase may turn out to be highly bullish for ETH and other altcoins One trader is also […] дальше »

2020-12-30 01:00


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As Jobless Claims Soar, Bitcoin’s Mid-Term Outlook Remains Gloomy

The United States has seen rocketing unemployment, and it does not appear that this trend is slowing down even as many states and cities begin reopening This signals that the recent shutdowns have done severe damage to the economy, despite the stock market sitting around its all-time highs New data shows that although the number of new jobless claims has dipped slightly in recent times, its decline has not yet been emblematic of any sort […] дальше »

2020-6-26 02:00


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Will Ethereum’s “New Market Cycle” be Enough to Stop it From Plunging Lower?

Ethereum has seen a distinct divergence between its fundamental utility and its price action Despite seeing unprecedented usage rates, the cryptocurrency’s price action has been closely correlated to that of Bitcoin and the aggregated crypto market One prominent investor is now noting that ETH appears to be entering a new market cycle This comes as the explosively popular DeFi trend continues gaining major traction From a technical perspective, some analysts do believe that it may […] дальше »

2020-6-22 22:00


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Here’s the Critical Price Level That May Kick Off Ethereum’s Next Bear Trend

Ethereum investors have gained little insight into the cryptocurrency’s trend over the past few weeks Despite being stuck within a wide trading range, it is important to note that ETH has been hovering just above the lower boundary of this range over the past few days This has marked an underperformance of Bitcoin and many of its other peers, but an overnight dip below this level was quickly absorbed by buyers Analysts are still forecasting […] дальше »

2020-6-20 23:00


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Investors are Heavily Accumulating Ethereum Despite Gloomy Outlook

Ethereum has been seeing some incredibly lackluster price action throughout the past several weeks and months, setting a series of lower lows while losing ground against Bitcoin Despite showing signs of technical weakness, data shows retail investors have been busily accumulating the cryptocurrency This trend isn’t unique to just retail investors either, as data also reveals that institutional investors have also been stocking up on ETH Ethereum has seen some lackluster price action in recent […] дальше »

2020-5-25 22:00


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Bitcoin’s Implied Volatility Craters after Bears Fire “Warning Shot”

Bitcoin’s implied volatility has cratered in recent times, plummeting back to its pre-crash levels This comes as the cryptocurrency continues extending its intense uptrend as bulls attempt to propel BTC back up towards the $8,000 region Bears have firmly established the upper-$7,000 region as a strong resistance region, and analysts don’t expect it to be surmounted anytime soon Bitcoin has continued extending its recent uptrend despite facing multiple strong rejections at $7,800 yesterday. One trend […] дальше »

2020-4-28 02:00


Dogecoin, Maker, Ethereum Classic Price: Market uncertainty despite positives

After welcoming a bullish trend as the month dawned, a few altcoins underwent a downside correction and propelled a fresh market, one where the alts were closer to their support levels. Ethereum ClThe post Dogecoin, Maker, Ethereum Classic Price: Market uncertainty despite positives appeared first on AMBCrypto. дальше »

2020-4-2 02:30


Despite Bitcoin's underwhelming price action, could a trend reversal be in sight?

Bitcoin's price seems to have settled below the psychological level of $6,500, despite numerous breakout attempts. Its network fundamentals have been in tandem with the king coin's downward price actiThe post Despite Bitcoin's underwhelming price action, could a trend reversal be in sight? appeared first on AMBCrypto. дальше »

2020-4-1 18:30


This One Trend Could Be a Precursor to An Even Bigger Bitcoin Rally

Despite the retracement since Friday’s $6,900 top, Bitcoin remains decisively higher than it was three days ago, when it was wallowing in the low-$5,000s as investors feared a deeper crash.  According to a prominent cryptocurrency trader, a trend has appeared on BitMEX’s futures market that suggests bulls remain in control. BitMEX’s Funding Rate Signals Good... дальше »

2020-3-22 08:17


Tether tops the list on institutional usage despite ongoing backing irregularities

No matter which way you look at it, Tether will always occupy center stage while Bitcoin is in the limelight following its price surge. With the collective community noticing a trend in the market capitalization of USDT and the price rise of BTC, coupled with the slew of controversies surrounding the stablecoin, one key part […] The post Tether tops the list on institutional usage despite ongoing backing irregularities appeared first on AMBCrypto. дальше »

2019-6-23 16:30