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Bitcoin at Risk of Seeing Major Downside as Buying Pressure Evaporates

Bitcoin has seen some intense selling pressure today following a bearish resolution to its long-held bout of sideways trading The cryptocurrency is now at risk of seeing further selling pressure as it struggles to defend a key support level Analysts are noting that it may decline as low as $8,500 in the hours and days ahead as it struggles to maintain its multi-week uptrend Bitcoin is now trading right above its key support level at […] 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


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Ethereum’s Price Action Could Resemble a “Car Crash” if it Breaks Below $190

Ethereum has once again declined back down to its long-held consolidation channel around $200 The cryptocurrency is now showing some signs of weakness as it continues performing poorly alongside Bitcoin and most other major altcoins This weakness could soon lead it down to a key support level that must be maintained by buyers A failure for ETH to hold above this level could mean a “car crash” style decline is imminent, according to one analyst […] дальше »

2020-5-23 23:00


Аналитик Bloomberg ждет возвращения биткоина выше $10 000

Ведущий аналитик Bloomberg Intelligence на рынках биржевых товаров Майк Макглоун ожидает восстановления цены первой криптовалюты выше психологического рубежа в $10 000. Key indicators support #Bitcoin‘s ability to sustain above $10,000. дальше »

2020-5-22 10:50


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As Bitcoin Desperately Clings To $9k, These Bullish Fundamentals Can Launch BTC Price To $14,000

After rocketing more than 100% off its March lows, bitcoin tumbled on Wednesday by 7%. This move downward came after 50 bitcoin from the Satoshi-era was spent for the first time since August 2017. Some bitcoiners panic-sold on fears that Satoshi had started dumping his coins on crypto exchanges. Bitcoin fell from above $9,700 to […] дальше »

2020-5-22 21:43


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


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Investors Need to “Be Careful” About Bitcoin’s Uptrend Because of These Factors

Bitcoin attempted to push above $10,000 yesterday evening but was once again met with a significant amount of selling pressure that subsequently led it lower The benchmark cryptocurrency is now once again caught within a bout of sideways trading within the mid-$9,000 region Analysts are warning investors against getting too excited about this latest uptrend, as there are a few factors that suggest it could soon see further downside in the days and weeks ahead […] дальше »

2020-5-19 23:00


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The Bitcoin Dominance Rate Lessens, Alt-Season Hopes Fade

While the Bitcoin dominance rate (BTCD) has moved above an important resistance level, the altcoin dominance (ALTD) was rejected by its previous support area and has been decreasing since. While several altcoins have previously initiated strong upward moves, the majority of them have been correcting, decreasing towards and even below their pre-breakout levels. дальше »

2020-5-19 19:15


Litecoin's consolidation phase to continue before a potential upward breakout

Litecoin has so far failed to progress above the crucial $50-level. Despite numerous attempts upward, the coin's price was trapped below $45 after the massive decline just a week before. Over the pastThe post Litecoin's consolidation phase to continue before a potential upward breakout appeared first on AMBCrypto. дальше »

2020-5-17 21:00


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Bitcoin’s Outlook is Bright as It Trades Above Key Cloud Formation

Bitcoin appears to have entered a firm consolidation phase within the mid-$9,000 region following the latest rejection at $10,000 In spite of the signs of weakness that BTC has flashed throughout the past several days, it is important to keep in mind that it has sustained above multiple key technical levels It now appears that the cryptocurrency could be well positioned to see further upside, but there is one key resistance level that must be […] дальше »

2020-5-17 22:00


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It’s “Showtime” for Bitcoin Once it Breaks Above $10,500

Bitcoin incurred some explosive overnight momentum that allowed it to reach to highs of $10,000 before facing a slight rejection The cryptocurrency now appears to be well positioned to see further upside as its market structure begins growing incredibly bullish Analysts are now widely noting that all the signs seem to point towards Bitcoin making a visit to $10,500 If the crypto is able to firmly surmount this level, one trader believes it will be […] дальше »

2020-5-15 02:00