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Bitcoin is Coiling Up for a Massive Downside Movement; Here’s Why
Bitcoin is now inching down towards its crucial near-term support at $9,000, with bears placing enough selling pressure on the crypto to jeopardize its consolidation phase BTC has broken below this level on previous occasions, although each journey into the upper-$8,000 area has proven to be short-lived There now appear to be multiple signs suggesting that BTC is preparing to make a massive downside movement This move, should it happen in the near-term, could pierce […] дальше »
2020-7-6 19:00 | |
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Ethereum Bulls Defend Crucial Support, But Outlook Remains Gloomy
Despite navigating down towards its crucial support at $220, Ethereum’s buyers were able to defend against a break below this level The cryptocurrency now appears to be well-positioned to maintain above this level in the near-term, as buyers are currently ardently defending another crucial support level That being said, on its daily chart the cryptocurrency does appear to be flashing some signs of overt weakness One group of analysts recently noted that the recent break […] дальше »
2020-7-2 23:00 | |
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Why This Analyst Sees Even More Downside For Bitcoin Price Before Any Real Recovery
We know Bitcoin is flat and trading sideways. Today, BTC had another leg down and rejection dropping to $9,200 on most exchanges, and basically giving away all the gains from June 22. The daily uptrend is still in play until the $9,170 level is lost, the last higher low. Buyers can still turn it around […] дальше »
2020-6-25 01:56 | |
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Brazilian Hedge Fund Still Down 56%, Despite 16 Months of Crypto Gains
BLP Asset Management’s returns are a reminder that cryptocurrency funds that took a hit in 2018 when prices of digital currencies crashed have a harder time getting back to sea level than those buoyed by 2017’s cresting market gains. дальше »
2020-6-23 19:14 | |
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Ethereum’s Reaction to This Crucial Support Level Will Determine its Fate in 2020
Ethereum has seen some lackluster price action in recent times, largely facing sideways trading similar to that incurred by Bitcoin and the entire crypto market It has posted some signs of weakness throughout the past several hours due to it dipping below its well-established trading range This has led it down to what analysts are describing as a “crucial level,” and its reaction here could determine its fate in the months ahead One venture capitalist […] дальше »
2020-6-21 22:00 | |
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Tesla (TSLA) Stock Down Less Than 1%, Elon Musk Postpones Annual Shareholder Meeting
Coinspeaker Tesla (TSLA) Stock Down Less Than 1%, Elon Musk Postpones Annual Shareholder MeetingTesla (TSLA) stock has difficulties in fixing its positions above $1,000. After hours it has gone below this milestone level again. дальше »
2020-6-20 13:57 | |
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Bitcoin Dominance Bear Flag Nears Breakdown, But 58% Level Remains Barrier To Altcoin Season
A bearish chart formation has appeared on Bitcoin dominance that could lead to another leg down and rebound in altcoin/BTC pairs. However, the 58% level could remain a barrier, keeping a full-blown altcoin season from occurring for quite some time longer. дальше »
2020-6-20 23:00 | |
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Exchange Inflows Surge Amidst Bitcoin Volatility; Signaling Supply Outweighs Demand
Bitcoin has witnessed some intense volatility today that sent it reeling down to the sub-$9,000 region. The buying pressure at this level was significant and helped boost it back into its previous consolidation range in the mid-$9,000 region. дальше »
2020-6-16 04:00 | |
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Analysts Target a Sub-$200 Move for Ethereum Once it Taps This Crucial Level
Ethereum has been closely tracking Bitcoin’s price action throughout the past several weeks and months The cryptocurrency did recently form an incredibly bearish technical pattern that analysts are still closely watching There’s a strong possibility that the crypto could be positioned to see notable downside in the near-term due to this pattern One analyst is even targeting a movement down to the sub-$200 region This price action could be magnified by a recent surge in […] дальше »
2020-6-15 22:00 | |
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Bitcoin Takes a Big Hit: Main Reasons Why Recovery Could Face Sellers
Bitcoin is down more than 5% and it broke the key $9,300 support zone against the US Dollar. BTC traded as low as $9,089 and it is currently correcting higher towards hurdles. Bitcoin declined sharply after it was rejected one more time near the $10,000 level. дальше »
2020-6-12 06:58 | |
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User Pays $2.6 Million to Transfer Just $130 Worth of ETH; By Far the Highest Fees Ever Paid
After climbing above $240, the second-largest cryptocurrency has slowed down and is keeping around this level. The percent of Ether supply in profit, which is the percentage of calculating ETH whose price at the last time it moved on-chain was lower than the current price, is currently hovering at 80%. It is the third attempt […] дальше »
2020-6-11 17:56 | |
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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 | |
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Matic’s Increase and the Bitcoin Dominance Rate
Matic Network (MATIC) has increased by 64% since May 11. The price is trading inside a steep ascending channel and has reached an important resistance level. Whether the Bitcoin dominance rate (BTCD) breaks down or bounces from the current support area will determine if the upward move for MATIC will continue. дальше »
2020-5-30 23:20 | |
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Outlining the Future Movement of LINK and XTZ
ChainLink has been decreasing since May 22 but has bounced at a minor support level. However, there is considerable resistance overhead. Tezos is also trading inside an important support level but has broken down from a short-term ascending support line. дальше »
2020-5-28 15:10 | |
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Ethereum’s Price Action Could Resemble a “Car Crash” if it Breaks Below $190
Ethereum has once again declined back down to its long-held consolidation channel around $200 The cryptocurrency is now showing some signs of weakness as it continues performing poorly alongside Bitcoin and most other major altcoins This weakness could soon lead it down to a key support level that must be maintained by buyers A failure for ETH to hold above this level could mean a “car crash” style decline is imminent, according to one analyst […] дальше »
2020-5-23 23:00 | |
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Ethereum Faces Crucial Decision for Its Bullish Trend
Yesterday’s decrease has caused Ethereum to drop all the way to an ascending support line that has been in place since the March 13 bottom. Whether the price breaks down below it or initiates a bounce from the current price level will determine if the upward trend for ETH will continue. дальше »
2020-5-23 17:55 | |
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Bitcoin Reaches an Inflection Point as Fresh Selling Pressure Emerges
Bitcoin has seen some immense selling pressure today that has led it down to its key support at $9,000. The crypto is now flashing some signs of growing weakness as it continues struggling to post any decisive bounce at this level. дальше »
2020-5-22 01:00 | |
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Analyzing Bitcoin’s Future Movement After Creating a Double-Top
On May 20, the Bitcoin price broke down from an ascending triangle it had been trading in over the past week. The ensuing upward movement failed at the first resistance level, suggesting that the price is not yet done correcting. дальше »
2020-5-22 13:05 | |
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Binance Coin Attempts to Reclaim Its Lost Support
The Binance Coin (BNB) price has been decreasing at an accelerated rate since May 5. This decrease has caused the price to break down from the support line of its long-term range. While a decrease from such a long-term support level often indicates that the price will continue going down, BNB has been showing signs […] The post Binance Coin Attempts to Reclaim Its Lost Support appeared first on BeInCrypto. дальше »
2020-5-13 23:15 | |
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Glassnode Co-Founder Explains 9 Reasons Why You Should Be Long-Term Bullish On Bitcoin
The past few days have been very volatile for the bitcoin price. On Saturday and early Sunday morning hours, bitcoin erased 15% of its value to sink to the low 8K level. The BTC price pullback caught a majority of the traders with their pants down as over $275 million worth of long positions were […] дальше »
2020-5-12 17:40 | |
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5 Bullish Bitcoin Charts, Three Patterns Not Seen Since the Parabolic Run of 2017
Earlier this week, bitcoin broke the important psychological level, $10,000 and hovered around this level for two days only to make a retreat today. Currently, we are trading around $9,500 while managing the daily trading volume of just $2 billion, yet again slowing down on the weekend. дальше »
2020-5-10 21:37 | |
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Here’s How Bitcoin Could Force Altcoins to Set “Major Lows”
Bitcoin has posted a notable upswing today that has allowed it to approach its next key resistance level at $9,500 The cryptocurrency’s intense uptrend is showing no signs of slowing down as it continues gaining dominance over the entire market Some analysts are now noting that altcoins could be positioned to see some serious losses in the weeks ahead as they all decline against their BTC trading pairs The aggregated cryptocurrency market has continued declining […] дальше »
2020-5-8 02:00 | |
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XRP Prints a New Low After Over 8 Months of Consolidation, Could Drop Another 35%
The fourth-largest cryptocurrency by market cap has taken a beating while bitcoin holds its position above the $9,000 level. Down 2. 92%, XRP is currently trading at $0. 214, still recording gains of almost 11% YTD. дальше »
2020-5-7 18:39 | |
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Ethereum Taps a “Structure Defining” Level as Traders Foresee Major Downside
Ethereum’s recent decline has led it down to $200 as it continues underperforming both Bitcoin and many of its other peers Analysts are now noting that the crypto is trading at a “structure defining” level Its technical weakness may be enough to define its market structure as being bearish, thus catalyzing further near-term losses Ethereum has continued underperforming the aggregated cryptocurrency market as it drifts down to its key support at $200, leading analysts and […] дальше »
2020-5-5 23:00 | |
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Ripple (XRP) Price Analysis (May 4)
Key Highlights • There have been significant ups and downs in a range style around $0. 22 XRP/USD price level. • XRP/USD bears’ energy appears weak to push down the market. • A sudden dip into the major support levels down to $0. дальше »
2020-5-5 18:10 | |
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BTC to Follow Stocks to the Downside, Analyst says Post Halving Sell-Off Makes Sense
Last week, bitcoin went as high as nearly $9,500 only to drop back down to $9k level. Much like February, we weren’t able to sustain above $9,000 and went to $8,500. At the time of writing, BTC/USD has been trading around $8,750, down 2. дальше »
2020-5-5 17:56 | |
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Cryptocurrency News Roundup for May 3, 2020
After failing to sustain its bullish momentum above $9,200, Bitcoin has been on a steady decline. As of press time, it is trading just over $8,600 — a key support level. A dip below could cause it to slide further down towards $8,400. дальше »
2020-5-4 11:56 | |
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Institutional Traders Highly Active as Importance of Bitcoin’s Rally Grows Clear
Bitcoin’s recent rally has sparked a massive influx of activity from large retail and institutional futures traders This heightened trading activity comes as the crypto reaches a “make or break” price level that could determine how it trends in the weeks and months ahead Bitcoin incurred a notable uptrend yesterday morning that allowed it to climb from lows of $7,100 to highs of $7,800 before it met some resistance and declined back down to its […] дальше »
2020-4-26 02:00 | |
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Ethereum Just Reversed But Bulls Are Not Out of Woods Yet
Ethereum is down close to 5% and it broke the $155 support area against the US Dollar. ETH price tested the main $145 support area and it is currently correcting higher. Ethereum struggled to clear the $160 resistance and decline below the $155 level. дальше »
2020-4-16 07:38 | |
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Bitcoin Vulnerable For Bigger Decline To $6K After This Technical Rejection
Bitcoin failed to surpass the $6,900 and $7,000 resistance levels against the US Dollar. BTC price is back in a bearish zone and it could continue lower towards $6,200 or $6,000. Bitcoin is down around 4% and it is now trading well below the $6,800 level against the US Dollar. There was a break below... дальше »
2020-4-16 06:28 | |
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What Caused Bitcoin to Fall Back Below $7,000?
While the stock market is closed today on the occasion of Good Friday, crypto markets are open like they are always. And they are in the mix. After trading above $7,000 for the better part of the week, yesterday, we fell below this level and are still trading down around $6,850. As we reported, before […] дальше »
2020-4-13 05:10 | |
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Bitcoin Dominance: 2-Year Uptrend Breaking Could Spark Altcoin Boom
Bitcoin dominance has not only broken down from a two-year-long uptrend, but it has also retested the trend line as resistance and failed to reclaim the key level. With trend line support now confirmed as resistance, its likely that Bitcoin dominance could see an extended downtrend in the days, weeks, and months ahead. But what... дальше »
2020-4-9 20:30 | |
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Bitcoin Usage Tumbles As Price Volatility Kicks In Hard – Is A Gigantic Dip On The Horizon?
Through his official twitter page, Founder and CEO of Quantum Economics, Mati Greenspan, revealed that the Bitcoin usage has dipped down significantly in the past few days. From a chart analysis, he deduced that only 250k transactions per day have been taking place in the last few days. дальше »
2020-4-1 23:37 | |
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23k BTC on CME Futures and 50k BTC in Options Expiring Today
Bitcoin is currently down 0. 05% in the past 24 hours trading around $6,640 after hitting $6,872 last night, yet again rejected at $7,000 level. Interestingly, more than 340,000 addresses are holding about 236k BTC at about $7k level. дальше »
2020-3-27 20:24 | |
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XRP Gets a Beatdown, Slips from Third Place as Price Is Looking Down in White Space
XRP has lost its 3rd place to Tether (USDT), a popular stablecoin and much like the digital asset controversial. Last week, the crypto market endured a violent sell-off that not only resulted in Bitcoin seeing its highest percentage loss in 7 years but also XRP crashing to $0. дальше »
2020-3-15 19:46 | |
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BitMEX Slams Competing Derivative Exchange FTX After CEO Tweets “Conspiracy Theory”
Bitcoin price crashed to $3,850 on spot exchanges yesterday but on crypto derivatives exchange BitMEX, it went even lower to $3,600. As the price went down to an early February 2019 level, the platform halted trading on account of “system instability. дальше »
2020-3-13 16:39 | |
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Bitcoin Is ‘Trading’ Like a Risk-On Asset But Gold’s Also Feeling the Selling Pressure
Bitcoin started the day at a deeply red note, tanking to $5,713, a level last seen in May 2019. Overall the crypto market lost more than $50 billion, as altcoins followed bitcoin down. $BTC low today of $5,705 is a 28. дальше »
2020-3-13 18:42 | |
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Bitcoin Analysis for 2020-03-12 [Premium Analysis]
On March 9, the BTC price reached a major support area at $7,700, initiating a short-term bounce. While the price stayed above this level for three days, it decreased sharply on March 12, creating a bearish engulfing candlestick and breaking down below this area. дальше »
2020-3-12 12:40 | |
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Ethereum Trading Near Crucial Juncture, Can Bulls Save The Day?
Ethereum failed to continue higher above the $252 resistance and declined against the US Dollar, similar to bitcoin. However, ETH price is now trading near a key uptrend support. ETH price is down 5% and it is now trading below the $235 level against the US Dollar. дальше »
2020-3-8 07:48 | |
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Why Buying Bitcoin at This Price Level May Make Sense?
Bitcoin price is trading at the $8,600 level, and buying BTC at these prices may make all the more sense. But why? Bitcoin Already Corrected 20% from the Peak Bitcoin is already down about 20% from its recent peak. дальше »
2020-3-1 16:00 | |
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Sorry Bears, Bitcoin Daily Chart Suggests a Strong Bounce Is More Likely
Bitcoin started a major downside correction from the $10,521 yearly high against the US Dollar. BTC price declined below $9,000, but it is still in a larger uptrend above $8,000. Bitcoin started a major correction from well above the $10,000 level against the US Dollar. дальше »
2020-2-27 08:08 | |
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Ripple (XRP) Is Primed To Correct Higher Despite Recent Sell-off
Ripple remained in a major downtrend from well above the $0. 2650 level against the US Dollar. XRP price tested the $0. 2240 support area and it could correct higher in the short term. Ripple price is down close to 6% and it broke the $0. дальше »
2020-2-27 07:18 | |
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Cardano (ADA) Retests Key Retracement Level, Still Bullish Long-Term
The cryptocurrency market has been bleeding quite hard for the past week and Cardano hasn’t been an exception. The digital asset plunged down to $0. 05623 today, a key level set by the lower line of the expanding upwards channel formed on the daily chart. дальше »
2020-2-26 23:22 | |
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Bitcoin Becoming A “Currency of Choice” Will Push BTC Price Up 2,500% – Tim Draper
Bitcoin has been extremely volatile for the past two weeks, trying to stay above the important psychological level $10,000 but unable to as yesterday we went down below $9,500. Bitcoin might be in correction but according to venture capitalist Tim Draper, we are in for an “interesting ride. дальше »
2020-2-26 21:23 | |
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XRP Prints Bullish Golden Cross Pattern But Analyst More Concerned About Weekly Death Cross
On Feb. 15, XRP went above $0. 340, a level that was last seen in early July 2019. But as Bitcoin takes a drop, XRP went down to $0. 262 again, to early February levels. Currently, the third-largest cryptocurrency by market cap is trading at $0. дальше »
2020-2-26 19:57 | |
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Top Trader: Bitcoin Likely to Stay Below $10k For Awhile Despite Halving
The bitcoin price strongly rejected the $10,000 level for the third time in the past two weeks, each time establishing a lower low. A top trader foresees BTC struggling to recover beyond $10k in the near future as momentum slows down. дальше »
2020-2-24 13:01 | |
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Bitcoin is About to Test a Crucial Support Level After Intense Overnight Volatility
Bitcoin (BTC) found itself caught in the throes of intense volatility over the past several hours, with its recent bout of sideways trading within the mid-$10,300 region resulting in a major overnight drop down towards $10,000. дальше »
2020-2-13 20:00 | |
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BTC Price Not Going Back to $6,000 or $4,000, Says Analyst PlanB But $300k “Absolutely”
Bitcoin has made a healthy retracement, down from the $10,000 level to now hovering around $9,800. A move that is considered to be setting a base for the Bitcoin’s future move still hasn’t gone below $9,700. дальше »
2020-2-11 19:20 | |
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Bitcoin Dips on Profit-taking but Fundamentals Show Its Parabolic Rally is Not Finished
Bitcoin slipped huge a day after enjoying a strong price rally above its key resistance level of $10,000. The benchmark cryptocurrency was trading at $9,736 early Monday, down 4. 35 percent from its Sunday top, according to US exchange Coinbase. дальше »
2020-2-10 15:00 | |
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