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It’s Decision Time for Bitcoin: These are the Price Levels Analysts are Targeting

Bitcoin has been firmly caught within a bout of consolidation over the past few days, largely hovering within the lower $9,000 region It appears that it is decision time for the cryptocurrency, as how its ongoing period of sideways trading resolves could set the tone for where it trends in the weeks ahead This next movement could be quite drastic, as some analysts are noting that it could result in a $1,000+ candle Bitcoin has […] дальше »

2020-5-24 19:00


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Bitcoin’s Bull Case Remains Valid as Buyers Fight to Maintain $9,000

Bitcoin has been flashing some overt signs of weakness throughout the past several days and weeks This has been rooted largely in its inability to break into the $10,000 region after facing multiple strong rejections here throughout the past several days Analysts are now noting that the cryptocurrency remains in a position to see further upside, however, as long as it is able to hold above a key ascending trendline It also could soon rally […] дальше »

2020-5-23 02:00


Analyst Who Recommended Bitcoin at $5: Bottom Is in After March’s 50% Crash

While Bitcoin has crossed above resistance after resistance over the past few weeks, some analysts are skeptical that the bottom is decisively in. One prominent trader — someone who called that Bitcoin would fall to the $3,000 range months before it did this year — has shared a number of charts indicating that the asset is poised to fall under $3,000s. дальше »

2020-5-19 04:00


Bitcoin exchange balances shrink to yearly-low; Ethereum exhibits an opposing trend

Bitcoin halving hype has faded and the coin hasn't had any violent price swings since the event. Over the past few weeks leading up to the halving, BTC accumulation rose to record levels as hodlers inThe post Bitcoin exchange balances shrink to yearly-low; Ethereum exhibits an opposing trend appeared first on AMBCrypto. дальше »

2020-5-17 16:00


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Bitcoin Stands to Benefit Greatly From “Deflationary Supercycle”: Here’s How

One of Bitcoin’s main narratives is that it will greatly benefit from a period of inflation, whereas fiat money can buy less and less over time, proving the value of scarce assets. But over the past few weeks, as the macroeconomic outlook has changed, there’s been a serious discussion of an impending deflationary cycle. дальше »

2020-5-15 10:05


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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


Bitcoin Just Surged to $10,000: Here’s What Analysts Think Comes Next

Just hours after our last market update, Bitcoin has topped $10,000. This is the first time the cryptocurrency has done this in over seven weeks. After holding $9,400 for all of Wednesday, the cryptocurrency surged higher over the past few hours, passing resistance after resistance in the $9,000s, culminating in the surge past $10,000 just... дальше »

2020-5-8 02:28


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Bitcoin Halving Hype Could Give Way to Consolidation or Retracement, But what about Altcoins?

Just four days away from halving, we have some interesting next few weeks ahead of us. The world's leading digital asset is already enjoying an uptrend, currently trading above $9,800, breaking off its relation with equities after the correlation between them reached a peak during the past couple of months. This short pump is rolling […] дальше »

2020-5-7 20:58


Research: Ethereum 2.0 will be “extremely complicated,” making delays “likely”

Over the past few weeks, the hype surrounding the Ethereum 2. 0 upgrade has increased at a dramatic clip. Due to the launch of the “Topaz” testnet for Ethereum software, which has seen success thus far with strong adoption and use by the ETH enthusiast community, it has become a high possibility to some that the […] The post Research: Ethereum 2. дальше »

2020-5-7 15:00


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The Dow Jones Slid 1,000 Points Over the Past Few Days: Will Bitcoin Follow Suit?

Bitcoin has expressed a striking correlation to the traditional markets throughout the past several weeks This correlation has shown some tempered signs of breaking throughout the past couple of days due to BTC’s overwhelmingly bullish price performance It remains unclear as to just how long this trend will persist, as some analysts are warning that the stock market could halt the cryptocurrency’s uptrend Bitcoin has seen some incredibly bullish price action throughout the past several […] дальше »

2020-5-3 19:26


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Bitcoin Has Been Fundamentally Altered by Its Recent Rally; Here’s What This Means

Bitcoin’s intense rally seen throughout the past six weeks has allowed it to erase nearly all the losses that were brought about when it first started declining from highs of $10,500 in late-February This firm uptrend has also allowed it to gain fundamental strength as its market dynamics see a major shift Options data for the crypto is now signaling that traders are positioning themselves to benefit from BTC seeing further upside It has been […] дальше »

2020-5-2 02:00


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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