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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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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


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The Bitcoin Dominance Rate Could Soon Confirm Its Trend

The Bitcoin dominance rate has been increasing since Feb. 15. Since then, it has been trading inside a neutral area between two trading ranges, with its future direction being still unclear. Well-known cryptocurrency trader @Altcoinsherpa posted a long thread about the Bitcoin dominance rate (BTCD), eventually coming to the conclusion that June would be a […] The post The Bitcoin Dominance Rate Could Soon Confirm Its Trend appeared first on BeInCrypto. дальше »

2020-4-30 02:15


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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


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Deutsche Bank Vet Bullish on Crypto, Launching Bitcoin Trading Desk in May

Deutsche Bank has long been bullish on crypto assets like Bitcoin, and the culture has spilled over into the company’s executives. One of the bank’s veterans and former FX Japan Managing Director is even launching a crypto trading desk of his own, set to launch this coming May 2020 – right when Bitcoin’s halving is expected to drive significant interest in the asset class. дальше »

2020-4-24 18:00


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This Level Marked Bitcoin’s $3,000 Bottom. Now, It’s Marking the Local Top

Bitcoin’s price seemingly moves without rhyme or rhythm. As a result, day-to-day, no one has been able to accurately predict the movements of the cryptocurrency, accentuated by the fact that some $1 billion+ worth of long positions (and short positions) were liquidated on BitMEX and other trading platforms during March 12th’s flash crash to $3,700. дальше »

2020-4-20 04:00


China is forging ahead with national crypto project: leaked screenshots

If you’ve been in the Bitcoin market for any period of time, you likely know that China has long been a hub for crypto assets as a whole. Yes, the trading of BTC and other cryptocurrencies is vehemently banned and restricted, but the Beijing government has continued to maintain heavy involvement in the broader space, […] The post China is forging ahead with national crypto project: leaked screenshots appeared first on CryptoSlate. дальше »

2020-4-16 03:15


Ethereum Could “Dive Hard” During Next Selloff Due to Severe Technical Weakness

Ethereum, much like Bitcoin and all other major cryptocurrencies, is currently caught within a bout of range-bound trading that has led it to hover within the mid-$130 region. This lackluster price action may not last long, however, as analysts are now widely noting that the crypto may soon “dive hard” during the next major Bitcoin... дальше »

2020-3-27 23:00


Центробанк Китая призвал не искать спасения от кризиса в биткоине

Народный банк Китая представил риски инвестирования в биткоин и другие криптовалюты в документе «Защита прав и интересов потребителей финансовых услуг» на официальной страничке в WeChat. #China’s central bank released in a long post lashing out at the #cryptocurrency trading platforms titled “3. дальше »

2020-3-24 15:45


Indicator That Signaled Bitcoin’s Bottom at $6,400: Price on Verge of Steep Pullback

If you’ve been involved in Bitcoin or crypto investment at all over the past two years, you likely know of the TD Sequential. The technical indicator, created by Point 72 consultant Tom Demark, has long been a staple of trading suites of crypto investors, giving these individuals a way through which they can figure where... The post appeared first on NewsBTC. дальше »

2020-2-8 05:00


BTC Premium Rates, Surge in Longs by Asset Managers on CME Indicate Long Term Bullish Sentiment

Bitcoin has been experiencing a lot of ups and downs for the past few days. Currently, BT/USD is trading at $8,162 in green. Will Bitcoin be breaking out of its descending channel? The digital asset is facing a key resistance level around $8,500 and its first attempt to break out of the six months long […] дальше »

2020-1-13 23:36


Bitcoin Price Poised to Press $8,000, Analysts Assert After 4% Drop

At long last, Bitcoin (BTC) has started to show signs of life. Over the past 48 hours, the cryptocurrency has pressed higher, moving past the tight range in the $7,100s it was stuck in for days. Related Reading: CME Futures Data: Institutions Still Wary Despite Bitcoin’s Bullish Signs By Monday morning, the cryptocurrency was trading as. дальше »

2019-12-24 23:33