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Here’s Why Some Traders Remain Long on Bitcoin Despite Ongoing Plunge
Bitcoin bore witness to an intense overnight decline that led it down to the sub-$9,000 region for a short while. This dip was quickly absorbed by an intense influx of buying pressure that helped send the cryptocurrency surging back into the lower-$9,000 region – which is where it has been consolidating at for the past […] дальше »
2020-6-16 00:00 | |
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Analyst: If Bitcoin Holds $8,700, the Chances of “Bullish Continuation” Are High
The past few weeks have seen Bitcoin tread on thin ice multiple times: every time the cryptocurrency rallied to $10,000, it snapped lower, often violently. This week’s attempt at the crucial $10,000 resistance was no exception: after temporarily trading above the level for all of 20 minutes, the asset began a precipitous decline. дальше »
2020-6-13 04:00 | |
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Millions Liquidated on BitMEX as Bitcoin Dives $500 From $10,000 Resistance
After attempting to break past $10,000, Bitcoin has been on a gradual decline. The cryptocurrency recently fell as low as $9,475 on leading exchanges, crushed as buyers distribute coins at the crucial $10,000 resistance level. дальше »
2020-6-12 19:15 | |
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With Market Share Dwindling, Is Bitcoin Still the King?
Bitcoin dominance has been in decline for the past nine months. And as unlikely as it sounds, BTC may no longer be the most dominant digital asset in a few years. Up until early 2017, Bitcoin was pretty much the only crypto asset with any real presence. дальше »
2020-6-10 16:37 | |
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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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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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These Warning Signs Flashed Prior to Bitcoin’s Capitulatory Decline to $9,000
Bitcoin’s explosive rally past $10,000 yesterday afternoon liquidated tens of millions in short positions The decline from this level seen this morning also led to mass liquidations amongst traders It is imperative to note that virtually all previous breaks above this level have been met with heavy selling pressure that results in capitulatory downtrends One factor that could spell trouble for Bitcoin is the fact that funding rocketed following the recent rally Bitcoin saw a […] дальше »
2020-6-3 02:00 | |
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Ethereum Forms 90% Correlation to Bitcoin; Here’s Why This Is Bearish
Ethereum and Bitcoin have formed a striking 90% correlation to one another throughout the past couple of years This correlation has grown in recent times, despite many altcoins being able to break it It does appear that, in the short-term, this could prove to be dire for ETH, as the benchmark cryptocurrency may soon see a notable decline Ethereum has been generally tracking Bitcoin’s price action in recent times, with altcoins in general struggling to […] дальше »
2020-5-29 23:00 | |
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Bitcoin Miner Manufacturer Canaan Stocks Crashing after 180-Day Lock-Up Period Expires
In the past two weeks, the price of Canaan (CAN) stocks have plunged 50%, from 5.97 on May 14th to $3. Yesterday, prices even fell below $3 briefly. The Chinese bitcoin mining firm is yet again having a rough time but unlike the 65% decline in March which was the result of massive sell-off in […] дальше »
2020-5-29 19:11 | |
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Here’s Why Bitcoin’s Large Transaction Count Has Slid 8% Over the Past Week
Bitcoin saw a sharp bounce into the $9,000 region overnight following a multi-day bout of consolidation within the $8,000 region The cryptocurrency now appears to have reached a “decision point” and where it trends from here could set the tone for where it goes in the coming weeks The current unclarity surrounding BTC’s mid-term trend has coincided with a massive decline in large transaction counts, signaling that large traders and investors are increasingly moving to […] дальше »
2020-5-28 21:00 | |
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Bitcoin Could Confirm Recent Decline as a “Huge Bear Trap” if It Reclaims $9,200
Bitcoin has seen an immense downturn over the past couple of days, declining from highs of over $9,800 to lows of $8,600 yesterday. This selloff came about after multiple consecutive rejections around $10,000. дальше »
2020-5-26 02:00 | |
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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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The Battle of Decentralized Finance (DeFi) Continues As Bitcoin Takes Over Ethereum
The amount of Ether locked in decentralized applications (DeFI) has been on a constant decline since hitting the peak at 3. 2 million ETH in February. In the past three months, the amount of ETH locked dropped almost 19% and over 7% in less than a week. дальше »
2020-5-17 20:50 | |
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Bitcoin Halving Effect: Miner Revenue Tanks 60% But Fees Compensating with 168% Spike
Bitcoin halving is past us and during this time there have been some changes in the network. As expected, the hash rate of the network crashed 40% from the all-time high put on the halving day as smaller and less profitable miners turned off their machines after being unprofitable. A decline in hash rate means […] дальше »
2020-5-16 19:32 | |
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Bitcoin Network Health Dragged Down by Waning Investor Sentiment
The past few weeks have been extremely positive for Bitcoin. Not only has the benchmark cryptocurrency has been able to erase virtually all of the losses that came about as a result of its decline to lows of $3,800 in mid-March, but it has also just concluded its third-ever block reward halving. This event reduced... дальше »
2020-5-13 04:00 | |
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Analysts Flip Short on Ethereum as Likelihood of a Sharp Decline Grows
Ethereum has begun finding immense stability within the $190 region following its recent dip to lows of $180 seen yesterday The cryptocurrency has been flashing some immense signs of weakness against its BTC trading pair throughout the past few weeks Multiple analysts are now noting that they anticipate ETH to decline further in the days and weeks ahead, potentially seeing losses that send it as low as $150 in the near-term Ethereum has seen a […] дальше »
2020-5-13 23:00 | |
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Ethereum Topside Bias Vulnerable Unless It Surges Past 100 SMA
Ethereum is showing signs of an upside correction from the $176 low against the US Dollar. However, ETH price is likely to face a major resistance near $195 and the 100 hourly SMA. Ethereum extended its decline and traded to a new weekly low at $176. дальше »
2020-5-12 07:58 | |
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Analyst Who Called XRP’s Previous Lows Now Thinks It Will Hit $0.05
XRP has been able to firmly establish its position within the lower-$0. 20 region throughout the past several days, even climbing higher today In spite of this, analysts are still wary of its mid-term outlook, with one going so far as to say that he anticipates it to decline towards $0. дальше »
2020-5-7 23:00 | |
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Bitcoin Price Tops $9,300 As Bitwise Study Says Holding BTC Boosts Any Portfolio
Bitcoin has hit a daily high of $9,392. 64, the top cryptocurrency’s upside coming on the back of strong moves in the past 24 hours. Elsewhere, asset management firm Bitwise says that BTC would have boosted any portfolio even with its price decline after the 2017 bull run. дальше »
2020-5-7 19:14 | |
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Bitfinex’s Cold Wallets are Being Drained of Bitcoin
Bitfinex is seeing its cold wallets shrink, as reports claim 57,000 BTC ($441M) has been drained in the past 70 days. The balance of Bitfinex’s BTC cold wallet is steadily dropping. On-chain metrics indicate a significant decline in the exchange’s BTC holdings. дальше »
2020-4-29 13:10 | |
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Ethereum’s Aggressive Bids are Dissolving as Buyers Grow Weak
Ethereum has seen a slight rejection from its recent highs in the time following its decline from just below $200 Analysts are noting that there are multiple separate technical factors that point to an imminent breakdown One such factor is a major decline seen in the cryptocurrency’s buying pressure, which has been dissolving throughout the past several days and weeks Ethereum has been closely tracking the price action seen by Bitcoin in recent times. This […] дальше »
2020-4-28 23:00 | |
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Bitcoin Implied Volatility Almost Back To Pre Sell-Off Levels
Bitcoin has seen one of its biggest peaks of volatility in the past 2 months after the collapse of the entire global market in March. According to the crypto statistics platform, Skew, Bitcoin has seen a significant decline in its implied volatility after the crash on March 12. дальше »
2020-4-28 17:46 | |
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NEO Price Analysis - Diminutive on-chain activity and a high degree of centralization
As NEO continues a transition period towards NEO 3.0, on-chain metrics have continued to decline or range over the past two years. дальше »
2020-4-19 15:01 | |
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Ethereum Investor Optimism Builds, Setup for a Long Squeeze
Retail investors seem overwhelmingly positive about Ethereum, which may create the perfect conditions for a sudden decline through a long squeeze. Long Ether Positions Explode Over the past few hours,...The post Ethereum Investor Optimism Builds, Setup for a Long Squeeze appeared first on Crypto Briefing. дальше »
2020-4-11 02:25 | |
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Crypto Market Highly Bearish Beneath One Level; Here’s What Could Tip the Scales
The aggregated crypto market has been struggling throughout the past few weeks, with it incurring an insane selloff that was catalyzed by Bitcoin’s decline from its mid-February highs of $10,500 to lows of $3,800. дальше »
2020-3-29 22:00 | |
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These 3 Factors Show Bitcoin Has Further to Fall After Hitting $6,000
Over the past 24 hours, Bitcoin hasn’t performed too well. After maintaining the $6,700 support for a number of days, the cryptocurrency tanked on Friday evening in a move that shocked investors, falling as low as $6,050 by the next morning, marking a decline of 10% from the then-daily highs. Related Reading: King of the... дальше »
2020-3-29 05:01 | |
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Despite 10% Crash, Bitcoin Price Still Has This Key Silver Lining
Bitcoin hasn’t performed all too well over the past 24 hours. After holding $6,700 for days on end, the cryptocurrency suddenly tanked on Friday evening, falling as low as $6,050 by the next morning, marking a decline of 10% from the daily highs. дальше »
2020-3-29 02:00 | |
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Stellar Price Analysis - Active addresses continue to decline
Despite Blockchain.com, Coinbase, and Keybase airdrops over the past two years, active addresses have continued to decline. In a likely bid to increase XLM’s potential store of value, the SDF axed 55% of the total token supply as well as successfully campaigned for the removal of inflation on the network. дальше »
2020-3-24 14:01 | |
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Bitcoin faces an inevitable crossroad between $7000 and $5400
Bitcoin's hike over the past week comes to a halt after a 10.63 percent decline was observed the last 24-hours. Bitcoin continued to exhibit weekly gains of 10.85 percent and its market cap remained uThe post Bitcoin faces an inevitable crossroad between $7000 and $5400 appeared first on AMBCrypto. дальше »
2020-3-22 21:00 | |
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Why It May Take Months For Bitcoin Price To Get Back On Track
Bitcoin (BTC) is facing a difficult time as its price action remains distorted following a remarkable decline in the past week. A technical analysis of the digital asset’s performance indicates that it may take long before recovering and getting back on track. дальше »
2020-3-20 17:46 | |
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BTC Mining Profitability Drops Sharply; 40% Decline in Hash Rate to See ‘Healthier Margins’
Over the past two weeks, investors have been aggressively making an exit from the risky assets and seeking safety to cash-like assets as Covid-19 concerns push the global economy towards recession. Nations across the world have declared national emergencies and instituted lockdowns. дальше »
2020-3-19 17:28 | |
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Bitcoin Cash Price (BCH) Could Struggle To Recover Past $200
After a massive decline, bitcoin cash found support near the $140. 00 level. BCH to USD is currently correcting higher and it is likely to face a strong resistance near the $200. 00 and $205. 00 levels. дальше »
2020-3-19 16:54 | |
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This news proves the crypto industry isn’t dead even after Bitcoin’s 50% crash last week
Glancing at Bitcoin’s price performance over the past week, punctuated by a 50 percent decline on the days Mar. 12 and 13, it’s easy to say that “crypto is dead.” Case in point: Peter Brandt, a long-time commodities trader that once said BTC could hit $50,000 and beyond, recently argued that if he looks at […] The post This news proves the crypto industry isn’t dead even after Bitcoin’s 50% crash last week appeared first on CryptoSlate. дальше »
2020-3-18 03:30 | |
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Bitcoin quick-sell drops Futures' liquidity to 3-month low
Bitcoin's continued decline amid mounting selling pressure has contributed to a surge in Futures trading. Major derivatives exchanges have been seeing massive volume over the past few days, but as theThe post Bitcoin quick-sell drops Futures' liquidity to 3-month low appeared first on AMBCrypto. дальше »
2020-3-12 15:30 | |
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Markets Disaster: Bitcoin, Ethereum, XRP Bleeds Off $50 Billion In An Hour
The entire crypto market is crumbling down with all major cryptocurrencies’ prices falling drastically over the last 24 hours. The unprecedented sharp decline comes in the wake of a massive sell-off in the cryptocurrency market that has been in place over the past two weeks. дальше »
2020-3-13 15:05 | |
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Bitcoin is About to Tap a Trendline that Could Send the Crypto Market on an Explosive Rally
The crypto market has been caught within an intense bout of volatility over the past several days and weeks, which has been led by Bitcoin’s capitulatory decline from recent highs of $10,500 to lows of $7,700 that were set today. дальше »
2020-3-10 04:00 | |
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Ethereum is Taking a “Red Pill” as Analysts Eye a Sharp Decline to $100 Region
The aggregated crypto market has found itself caught within a firm bout of sideways trading over the past couple of days, with Bitcoin hovering around $8,800 while Ethereum (ETH) and other major altcoins have all started drifting lower. дальше »
2020-3-5 02:00 | |
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BIS Notes Cross-Border Banking Decline Since Bitcoin’s Creation
The Bank for International Settlements (BIS) has just released its quarterly report, describing dwindling cross-border banking relationships over the past decade. Correspondent Banking Relationships Falling Between 2011 and 2018, correspondent...The post BIS Notes Cross-Border Banking Decline Since Bitcoin’s Creation appeared first on Crypto Briefing. дальше »
2020-3-4 12:48 | |
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Bitcoin in precarious position as Dow Jones enters correction territory on Coronavirus fears
The global markets have been caught within extreme turmoil over the past several days, with the rapid spread of the Coronavirus striking fear into the heart of investors. This has led the Dow Jones to plummet, with the decline of traditional markets also coming alongside a strong Bitcoin correction. дальше »
2020-2-28 19:55 | |
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Bitcoin Futures spreads on BitMEX, Binance now on a rise
The sudden fall in Bitcoin's price has resulted in various developments across its Futures market. While Bitcoin's value has been on a decline for the past three days, the cumulative loss in its priceThe post Bitcoin Futures spreads on BitMEX, Binance now on a rise appeared first on AMBCrypto. дальше »
2020-2-26 20:00 | |
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Ethereum, EOS, Tron registered steady decline in active DApps in 2019
Ethereum's blockchain is popular in the industry for the promotion and creation of Decentralized Applications or dApps. EOS and Tron account for the development of DApps as well, and over the past fewThe post Ethereum, EOS, Tron registered steady decline in active DApps in 2019 appeared first on AMBCrypto. дальше »
2020-2-7 14:00 | |
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Bitcoin just rejected $9450 again; now showing 4 factors of a potential pullback
The Bitcoin price just rejected $9,450 again on lower time frames and is vulnerable to a short-term pullback. It satisfies all four factors that previously led to deep corrections in the past. As explained by one cryptocurrency trader, the four factors that often trigger the Bitcoin price to decline substantially after an extended rally are: […] The post Bitcoin just rejected $9450 again; now showing 4 factors of a potential pullback appeared first on CryptoSlate. дальше »
2020-1-30 02:08 | |
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Cryptocurrency Deposits at Metropolitan Commercial Bank Drops by 50%
Metropolitan Commercial Bank has in the past year experienced a steady decline of deposits emanating from businesses in the crypto-verse. This is an indication that the bank is now witnessing more competition than it did a few years ago. дальше »
2020-1-29 19:14 | |
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Bitcoin Just Surged to $9,400: Why Traders Think Price Will Explode Even Further
Welcome back bulls. Over the past few hours, Bitcoin (BTC) has begun to surge higher again per TradingView, with buyers finally stepping in after last week’s 11% decline. Since hitting $8,200 late last week, the price of the leading cryptocurrency has exploded higher, surging to just shy of $9,400 minutes ago as of the time... The post appeared first on NewsBTC. дальше »
2020-1-29 02:52 | |
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Stellar Price Analysis - Active addresses in decline
Despite Blockchain.com, Coinbase, and Keybase airdrops over the past two years, active addresses have continued to decline. дальше »
2020-1-20 14:01 | |
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Bitcoin Dropped 6% in Just 5 Minutes Liquidating “$108M”: What Happens Next?
The bitcoin price dropped by six percent from $9,060 to $8,505 across major crypto exchanges including Binance in just five minutes. It is the steepest drop in terms of time to decline percentage ratio at least in the past two months. дальше »
2020-1-19 14:57 | |
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The Ethereum Hashrate has Fallen by 18% in the Past 3 Months
The network hashrate of any cryptocurrency can tell an interesting tale. In the case of Ethereum, the hashrate is certainly on the decline as of late, albeit a bounce could be imminent. When looking at the ethereum hashrate chart, a worrisome trend becomes apparent. дальше »
2020-1-14 01:00 | |
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This Key Indicator Suggests Bitcoin Price Will Soon Erupt Higher
Bitcoin really hasn’t done well in the past few quarters, with the price of the leading cryptocurrency tanking from $14,000 to as low as $6,400 in mere months. While this price action has been decisively bearish, the decline in Bitcoin’s price has created a bullish signal on a key indicator, suggesting that in the near... The post appeared first on NewsBTC. дальше »
2020-1-6 22:00 | |
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Zcash outperforms major cryptos as ZEC records gains of 12%
The cryptocurrency market noted a stable decline in prices over the past week. While Bitcoin [BTC] fell by almost 10%, Ethereum [ETH] fell by 18.17%. The king coin recorded a 24-hour trading volume ofThe post Zcash outperforms major cryptos as ZEC records gains of 12% appeared first on AMBCrypto. дальше »
2019-12-19 20:00 | |
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Bitcoin Volatility Dwindling, Has BTC Taken an Early Vacation?
Bitcoin and cryptocurrency markets are slowing down. There has been very little activity over the past week as volumes and volatility decline. Technical indicators are also lining up which could indicate a larger move is imminent or is BTC on vacation for the rest of the year? Bitcoin Slowing Down This may not be such a bad thing. дальше »
2019-12-14 11:35 | |
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