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Is The VIX Volatility Index Forecasting A Major Bitcoin Crash?

Bitcoin price is consolidating just below $20,000. As the last confrontation with $10,000 has shown, consolidation below resistance is typically a bullish event. However, with such strong resistance above, the uncertainty surrounding the pandemic, the coming vaccine, and the change of power happening in the United States, there’s a recipe for rejection as well. And […] дальше »

2020-12-8 04:00


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Etherereum Faces a Slight Selloff as Analysts Eye Downside Move to $550

Ethereum broke below $600 once again following what appeared to be a sustained bout of trading above this level The selling pressure seen here has proven to be quite intense, and may continue slowing the crypto’s ascent The crucial resistance level to watch closely sits at $620, as this level has sparked numerous rejections for the cryptocurrency If ETH is to gain any near-term momentum, $600 must be firmly reclaimed One trader believes that there’s […] дальше »

2020-12-5 23:00


Bitcoin Pushes Towards Highs as Spot Market Gains Full Control

Bitcoin has seen some incredibly strong price action throughout the past few days and weeks, with the selling pressure seen at its key resistance levels not slowing it down Overnight it was able to rally up towards its previous all-time highs, stopping just short of them when bears stepped up the selling pressure at $19,500 The rejection here was quite intense and caused it to briefly break below $19,000 It does appear to be entering […] дальше »

2020-11-26 21:22


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Bitcoin Continues Plowing Higher as Uptrend Shows Few Signs of Slowing

Bitcoin has been pushing higher throughout the past few days and weeks, with sellers being wholly unable to gain any ground against bulls This comes as BTC pushes past $19,000, which has long been a strong resistance level that has sparked multiple fleeting selloffs Now that it is firmly above this level, it may be well-positioned to see significantly further upwards momentum in the near-term One analyst is noting that its failure to break below […] дальше »

2020-11-25 02:00


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Ethereum Could Target $850 Once It Breaks Key Resistance, Claims Analyst

Ethereum has flashed signs of immense strength despite a fleeting overnight selloff This recent decline came about in tandem with that seen by the rest of the crypto market Bitcoin plunged below $18,000 before posting a “V-shaped” recovery and rallying significantly higher This recovery also helped lead ETH higher, with the cryptocurrency rapidly navigating back up to where it has been trading throughout the past couple of days Its recent strength and unwavering uptrend indicate […] дальше »

2020-11-23 01:00


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Ethereum Fails to Post Bullish Monthly Close, Opening the Gates for Downside

Ethereum’s trend of underperformance against Bitcoin has persisted and is showing few signs of changing anytime soon The cryptocurrency has been unable to match the strength seen by BTC over the past few weeks, and it is still trading below its key $400 resistance level Where it trends in the near-term depends largely on Bitcoin’s reaction to $14,000, as a break above this level could send the entire market flying higher One analyst is now […] дальше »

2020-11-1 22:00