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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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This Technical Pattern Signals Bitcoin is About to Explode to $12,000

Bitcoin saw a sharp overnight rebound that allowed it to reclaim its position within the mid-$9,000 region This came about after a period of weakness as it traded within the lower $9,000 region It now appears that the crypto’s recent volatility has allowed it to form an incredibly bullish technical formation If it posts a breakout of this formation, the crypto could soon be trading at fresh yearly highs of around $12,000 Bitcoin and the […] дальше »

2020-5-31 19:00


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Bitcoin’s Break Below a Key Level has Opened the Gates for a Move to $5,900

Following an extended bout of sideways trading within the $9,000 region, Bitcoin has now firmly broke below this range as it trades around $8,800 Although the crypto has ardently defended its near-term support, its technical outlook does appear to be rapidly degrading Some analysts are even noting that its latest breakdown has opened the gates for it to see a movement that leads it as low as $5,900 in the weeks and months ahead Bitcoin […] дальше »

2020-5-26 02:00


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Coinbase Data Shows Crypto Investors Still Fans of Altcoins Despite Poor Performance

Despite climbing against Bitcoin today, most major altcoins are still trading around their multi-year lows while looking towards their BTC trading pairs This weakness comes as traders flee smaller cryptocurrency’s in favor of Bitcoin, which has been firmly establishing itself as a “safe haven asset” throughout the past couple of months Data from Coinbase, however, indicates that the vast majority of crypto investors on the platform are still interested in investing in altcoins Data from […] дальше »

2020-5-19 21:00


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Bitcoin Exchange Balances are Down $3 Billion from Mid-March; What This Could Mean

Bitcoin has entered a firm bout of sideways trading as it struggles to garner any notable near-term momentum This comes shortly after its latest rejection at $9,900, which confirmed that the heavy resistance around $10,000 may prove to be insurmountable This short-term volatility doesn’t seem to be phasing investors, as data shows that exchanges have seen a balance decline of $3 billion worth of BTC since March 12th Bitcoin and the aggregated cryptocurrency market have […] дальше »

2020-5-17 19:00


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With few blocks away from Halving, here’s how Bitcoin has been performing so far today

Today has been extremely volatile for Bitcoin breaking above $9,000 just to crash in the next few hours. We are seeing a 1% price move on 1-minute candlesticks all the time. However, even after such high volatility Bitcoin is still trading around $8,500, the midpoint between $9,200 and $8,000 basically. Looking at the 1-hour chart, […] дальше »

2020-5-12 22:00


Bitcoin on the Cusp of Going Parabolic as an Elusive Indicator Flashes

Bitcoin has seen some notable upwards momentum today that has allowed the benchmark cryptocurrency to surmount the heavy resistance that it was previously facing at $9,200. Today’s upwards breakout marks a bullish resolution to the extended bout of sideways trading that the crypto was previously facing while it hovered around $8,800 for the past several... дальше »

2020-5-7 20:30


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Cryptocurrency News Roundup for April 28, 2020

Bitcoin resumed its upward momentum Wednesday as the price inched closer towards $8,000. The benchmark cryptocurrency closed the day above the key resistance area around $7,800. While $8,000 remains untouched during the current rally, optimistic traders believe that a new bull run could be in the cards, especially considering that the BTC price currently trading […] The post Cryptocurrency News Roundup for April 28, 2020 appeared first on BeInCrypto. дальше »

2020-4-29 11:14


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XRP, XLM, and ADA Win Big as Bitcoin Speculators Turn to Altcoins

Bitcoin has paused around the $7.8K price level. The largest digital coin has since reaching this high began trading sideways. Speculators have as a result begun moving to altcoins. In the last 24 hours, this has been shown with some of the investors’ preferences having made substantial moves upwards. In the last couple of hours, […] дальше »

2020-4-29 16:17