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Bitcoin Plunges as Bears Roar, But Here’s Why Analysts Aren’t Too Concerned

Bitcoin has seen some mixed price action as of late, with bulls attempting to push it higher yesterday before it saw a strong rejection that sent it tumbling lower The crypto is still trading firmly within the trading range that it has been caught within throughout the past several weeks, and not much has changed from a structural perspective Despite the apparent intensity of this selloff, one analyst is noting that he isn’t too concerned […] дальше »

2021-1-21 21:00


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Incoming Wave Could See Bitcoin Lose 50% Of Its Current Price Or Spiral In Gains

Bitcoin has had an interesting run this past week. Although failing to reclaim the $42,000 high, it still remains promising as analysts observe an incoming volume around the $35k level. The digital asset is currently trading at a press time price of $34,915, a lower correction from last week’s $37,394 high. Bitcoin has been facing […] дальше »

2021-1-21 18:18


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Ethereum Reaches a “Vital” Point as Bulls Fail to Flip Resistance to Support

Ethereum and the entire crypto market has faced some weakness throughout the past couple of days Although both BTC and ETH are trading well above their recent lows, it is important to note that bears are in the process of reversing yesterday evening’s gains This downtrend could prove to be bearish for ETH, as the crypto has been unable to flip a key resistance level into support This comes as it ventures into what one […] дальше »

2021-1-13 01:00


Why This Economist Expects Bitcoin to Range Before Seeing a Breakout to $50k

Bitcoin has been caught in the throes of immense volatility as of late, with buyers losing their edge over its price action The cryptocurrency is now, once again, drifting down towards the lower-$30,000 region, which is around where it has been trading throughout the past few weeks Where the entire market trends next will undoubtedly […] дальше »

2021-1-13 19:00


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This Indicator Suggests Bitcoin is Slowly Reaching Overheated Levels as Rally Slows

Bitcoin and the entire cryptocurrency market have been caught within a firm uptrend as of late, but it has transformed into consolidation throughout the past couple of days BTC and its smaller counterparts are all trading sideways, with bears trying to gain an edge over bulls as they slowly push the cryptocurrency lower Where the market trends in the near-term should depend largely, if not entirely, on whether or not BTC can surmount $40,000 once […] дальше »

2021-1-10 22:00


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Analysts Fear Further Downside Despite Ethereum’s Recovery from Overnight Dip

Ethereum has seen some immense bullishness throughout the past 24-hours, with the crypto breaking free from its range-bound trading in the $700 region and rocketing past $1,000 Where the entire market trends in the mid-term may depend largely on whether or not Bitcoin can maintain its foothold in the lower-$30,000 region If the crypto can hold above here and consolidate, it could provide ETH and other altcoins with further room to rally in the days […] дальше »

2021-1-5 01:00


Ethereum is Poised to See an Explosive Surge to $850 as Strength Mounts

Ethereum has seen some wild price action over the past few days, with its bulls moving to erase its pattern of underperformance that has plagued its price action The crypto is now sitting firmly above $730 and may be positioned to see even further upside in the coming days This rebound seen against its USD trading pair has also come as it shows subtle signs of strength against BTC as well Weakness on ETHBTC has […] дальше »

2020-12-29 23:00


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These Macro Factors Show That Bitcoin Bears are Gaining Control of BTC

Bitcoin’s bulls and bears appear to be locked within an intense battle for control over the cryptocurrency Bears have been gaining the upper hand over the past few weeks, as the crypto has been consistently trending downwards despite being caught within a multi-week consolidation phase Presently, BTC is trading just above a crucial support level that appears to be growing weaker due to it being tested on multiple occasions over the past few days As […] дальше »

2020-7-1 02:00


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Ethereum Struggles to Flip Crucial Trendline as Analysts Eye Move to $120

Ethereum’s price has been sliding lower over the past several days Despite Bitcoin being able to maintain above the lower boundary of its long-held trading range, ETH is now trading firmly below the range it formed over the past several weeks This points to some underlying weakness amongst its buyers which comes as it nears its crucial $220 support level It also just confirmed a “death cross” formation that hasn’t been seen since March. This […] дальше »

2020-6-30 23:00


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This Trend on Bitfinex Puts Ethereum in a Precarious Position Compared to Bitcoin

Ethereum and Bitcoin have been seeing mixed price action in recent times The weakness seen by these two cryptocurrencies has been mounting over the past few days BTC is struggling to hold above $9,000 as Ethereum trades below its long-established trading range One trend that could have grave impacts for ETH in the near-term is the number of tokens being moved into exchanges – and particularly into Bitfinex This comes as the crypto finds itself […] дальше »

2020-6-29 22:00


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The Last Time This Indicator Emerged, Bitcoin Dropped 50%. It’s Back

Bitcoin has shown some continued signs of weakness today due to its inability to garner any clear upwards momentum It is now hovering within the lower region of its long-held trading range, and it remains unclear as to just how long this support will last for Its latest decline lower has caused it to grow weak from a technical perspective One crucial indicator that has been bullish throughout the past several months just flipped bearish […] дальше »

2020-6-27 21:00


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Bitcoin Hits Massive 1,350 BTC Sell Wall; Here’s Why Buyers Won’t Break It

Bitcoin has seen a tempered upswing over the past several hours that has come about in tandem with a rise in the stock market This upwards movement has done little to alter its underlying technical strength, as it still remains squarely within its long-held trading range This move has also led it up against a massive sell wall on Binance, which may slow the cryptocurrency’s ascent and stop it from incurring any notable momentum There […] дальше »

2020-6-23 02:00


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The Probability of Ethereum Seeing a Parabolic Rise in 2020 is 7%; Factors to Consider

Ethereum has been moving in close tandem with Bitcoin throughout the past several days and weeks, struggling to garner any independent momentum as it ranges This sideways trading has done little to bolster the cryptocurrency’s bull case That being said, analysts have been pointing to its fundamental strength as a reason why it may soon explode higher Data seems to suggest that the crypto only has a 7% chance of seeing any type of intense […] дальше »

2020-6-23 23:00


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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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Here’s the Critical Price Level That May Kick Off Ethereum’s Next Bear Trend

Ethereum investors have gained little insight into the cryptocurrency’s trend over the past few weeks Despite being stuck within a wide trading range, it is important to note that ETH has been hovering just above the lower boundary of this range over the past few days This has marked an underperformance of Bitcoin and many of its other peers, but an overnight dip below this level was quickly absorbed by buyers Analysts are still forecasting […] дальше »

2020-6-20 23:00


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If History Rhymes, Ethereum May Have Just Hit Its Mid-Term Peak

Ethereum has been closely tracking Bitcoin’s price action throughout the past several weeks and even months, struggling to garner any independent momentum This correlation has grown particularly clear over the past few weeks, as ETH is now trading within a firm consolidation channel alongside BTC and other altcoins It is important to note that one fractal pattern has emerged that appears to suggest Ethereum has formed a mid-term top If history repeats itself, the crypto […] дальше »

2020-6-18 23:00