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Bitcoin’s Market Structure Shapes Up as Bulls Defend Critical Price Level
Bitcoin is currently expressing some immense signs of strength as its price trades above $10,600 This marks a decisive break above the $10,500 resistance level that was previously suppressing its price action Because bulls were able to break above this effort this morning, it does appear that the benchmark cryptocurrency may be well-positioned to see further upside in the coming few hours and days The next region of interest for bulls sits around $11,000, as […] дальше »
2020-9-15 02:00 | |
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Bitcoin And Crypto Market Roundup, September 14
Buyers have stepped back into the crypto market and are holding Bitcoin above $10K. Each time the cryptocurrency has dropped below this level, bargain hunters have leapt into action—aggressively buying and pushing Bitcoin back up. дальше »
2020-9-15 01:00 | |
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Bitcoin’s Price Action Shows Similarities to 2016; Pointing to a Bullish 2021
Bitcoin’s price has been flashing some major signs of weakness throughout the past few days, with bears continuing to defend against a break above $10,500 This weakness may soon be coming to an end, however, as buyers have now shattered the selling pressure that previously existed at this level While looking towards the asset’s near-term price action, one analyst explained that he sees some striking similarities to 2016 This comparison is bullish because it suggests […] дальше »
2020-9-15 21:00 | |
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Crypto Roundup: September 14th, 2020
Buyers have stepped back into the crypto market and are holding Bitcoin above $10K. Each time the cryptocurrency has dropped below this level, bargain hunters have leapt into action—aggressively buying and pushing Bitcoin back up. дальше »
2020-9-15 20:22 | |
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Here’s What Bitcoin’s Strong Weekly Close Says About Its Present Outlook
Bitcoin posted a strong weekly close yesterday afternoon, which is what allowed the cryptocurrency to see an overnight upswing that has led it past multiple crucial levels. While speaking about the digital asset’s price action, one analyst observed that its strong weekly close may continue acting as a launchpad for further upside, noting that bulls […] дальше »
2020-9-15 19:00 | |
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This Macro Factor Is Poised to Send BItcoin and Gold Flying in Tandem
Bitcoin’s price action has not been the most bullish over recent weeks, to say the least. After the asset posted a series of tops in the $12,000 range, a $2,000 drop ensued. At the lows early last week, BTC traded for under $10,000 due to immense selling pressure. дальше »
2020-9-15 15:00 | |
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Why An Analyst Isn’t Convinced of Ethereum’s Price Action Despite Rally to $375
Ethereum has pressed higher after falling as low as $310-315 just days ago. The coin now trades for $370 and traded as high as $375-378 just hours ago. The coin is not entirely bullish, though, despite the recovery from the aforementioned lows. дальше »
2020-9-12 07:15 | |
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Early Bitcoin Investor Sees Parallels Between Now And 2016 Bull Breakout
Bitcoin price has spent the last two years hovering around $10,000 – a key resistance level that in the past has incited serious FOMO. But according to an early Bitcoin investor who has seen a thing or two, the cryptocurrency won’t hover around that price forever and sees parallels between the current price action compared […] дальше »
2020-9-12 04:00 | |
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Bitcoin is Gearing Up for a Major Push Lower as Analysts Eye $9,600
Bitcoin’s inability to break above $10,500 speaks to some underlying weakness amongst the cryptocurrency’s bulls It also shows that the bears still have the edge over the benchmark crypto’s price action, which could mean that a break below its key support between $9,900 and $10,000 is imminent BTC is currently caught within a consolidation phase, being unable to find any strong momentum following the recent rejection Analysts are growing bearish on its near-term outlook, with […] дальше »
2020-9-12 02:00 | |
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Chainlink is Setting Up for a Move Higher as Bullish Signs Emerge: Analyst
Macro uncertainty within the global markets has had a trickle-down effect, causing Bitcoin to see consolidation and weakness, which has, in turn, led Chainlink and other altcoins to see similar price action. дальше »
2020-9-12 00:00 | |
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Ethereum’s Market Structure Weakens as Bulls Fail to Break Key Resistance
Ethereum’s overnight price action has done little to offer insight into its near-term trend, as the cryptocurrency has been unable to maintain its recent momentum This, however, has not resulted in it seeing any type of sharp decline, with its rejection at $380 kicking off a consolidation phase Analysts believe that where the cryptocurrency trends next depends wholly on its reaction to one vital resistance level that has been suppressing its price action This resistance […] дальше »
2020-9-12 23:00 | |
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XRP, Cardano, Ethereum Classic Price Analysis: 11 September
Altcoins tend to mirror the price action of Bitcoin and such was the case in the past week. Most coins across the crypto market did note substantial losses as the price of Bitcoin dipped below $10k moThe post XRP, Cardano, Ethereum Classic Price Analysis: 11 September appeared first on AMBCrypto. дальше »
2020-9-12 22:00 | |
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Scarily Accurate Analyst Thinks Bitcoin Will Hold $10,000, Triggering Strong Growth
Bitcoin has flirted with falling under $10,000 multiple times over the past week. If you take a look at BTC’s recent price action, you will see a series of bottom wicks just below $10,000. This shows that Bitcoin traders do not want the leading cryptocurrency to trade under that pivotal support level. By NewsBTC’s count, […] дальше »
2020-9-11 13:00 | |
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The Dollar Is Poised to Gain Steam—and That’s Bad for Bitcoin
While Bitcoin is touted as uncorrelated, the cryptocurrency has been following the inverse of one asset over the past few months: the U. S. dollar. Like gold, BTC’s price action is partially dictated by the value of fiat currencies. дальше »
2020-9-11 03:03 | |
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It’s Do or Die for Bitcoin as Analysts Begin Eying Further Upside
Bitcoin has posted a strong rebound from its recent lows that were set within the upper-$9,000 region Bulls clearly did not want the benchmark crypto’s macro strength to be invalidated As such, they have since sparked a move up towards the mid-$10,000 region, currently attempting to capture $10,400 It is important to note that this price action comes as the cryptocurrency reaches a do or die moment How it ultimately responds to $10,000 could determine […] дальше »
2020-9-11 02:00 | |
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Analyst: Ethereum’s Market Structure “Firmly Bearish” as It Remains Below Key Level
Ethereum has seen some intensely positive price action in recent hours, with bulls catalyzing an upswing that led its price to highs of $380 just a couple of hours ago. It did face some intense resistance at this price region, however, and subsequently plunged towards $360. дальше »
2020-9-11 02:00 | |
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Ethereum rally sparks renewed hopes for a continuation of the DeFi bull run
Ethereum has seen some incredibly strong price action throughout the past 24-hours, which has allowed it to erase a good bulk of its recent losses. The post Ethereum rally sparks renewed hopes for a continuation of the DeFi bull run appeared first on CryptoSlate. дальше »
2020-9-11 22:30 | |
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This Accumulation Pattern Suggests Bulls Are On The Right Side Of Bitcoin
Bitcoin price may be down compared to it was just weeks ago, but it is not out. Bulls are fighting hard and have been keeping $10,000 as unbreakable on the way back down as it was on the way up. With each touch of the key resistance turned support, the cryptocurrency’s price action more closely […] дальше »
2020-9-10 20:00 | |
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EU Urged Facebook, Google and Twitter to Take More Action to Combat Fake News
Coinspeaker EU Urged Facebook, Google and Twitter to Take More Action to Combat Fake NewsAccording to the European Commission, the assessment of the Code signed in 2018 has shown several shortcomings. дальше »
2020-9-10 15:40 | |
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Polkadot, EOS, Compound Price Analysis: 10 September
Bitcoin's price action seemed to have done the trick yet again, at the time of writing, with most of the market's altcoins registering negative gains after incurring substantial losses over the past wThe post Polkadot, EOS, Compound Price Analysis: 10 September appeared first on AMBCrypto. дальше »
2020-9-10 11:00 | |
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Analyst: Ethereum Narrowly Avoids Capitulation as Macro Outlook Grows Bright
Ethereum has posted some strong price action throughout the past couple of days, with the cryptocurrency ardently defending against any sharp decline This strength has come about mostly due to the buying pressure found at $320 This price level, and the region directly above it, have helped the crypto to slow its descent and stabilize Bitcoin’s ability to hold above $10,000 has also aided its price action significantly One analyst is now noting that ETH […] дальше »
2020-9-10 23:00 | |
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Bitcoin is Defending a Crucial Macro Level as Bulls Show Signs of Strength
It is growing increasingly clear as to just how important $10,000 is for Bitcoin’s macro price action, as this level has been ardently defended by bulls on multiple occasions BTC has been trading around the level for the past several days, with each dip below it proving to be highly short-lived Bulls’ slight displays of strength whenever the crypto dips below this level are a positive sign for its near-term outlook One analyst is now […] дальше »
2020-9-9 21:00 | |
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Ethereum’s Macro Price Action Suggests It May Hit $5,500 in 2021; Here’s Why
Ethereum has flashed some signs of technical strength throughout the past few hours, which has come about due to the rebound seen by Bitcoin. The cryptocurrency’s ability to surge from lows of $325 earlier today to highs of $355 is a positive development for its near-term outlook, as it does seem to suggest that bulls […] дальше »
2020-9-9 19:00 | |
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Ethereum Ready for Freefall? 30% Correction After $490 Peak
Ethereum broke below its bullish support level at $370, dipping 13.2% on Saturday, adding to a 20% drop before the weekend beginning on Wednesday. The price action broke through the 50-day exponential moving average at $367, solidifying a further drop. дальше »
2020-9-9 00:19 | |
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Chainlink is “Replicating” Its Previous Bullish Cycle, But It May Still Plunge Lower
Chainlink, like many major altcoins, has witnessed incredibly mixed price action in recent weeks. The cryptocurrency’s general trend has been largely dependent on that of Bitcoin, as the benchmark digital asset has been firmly guiding the entire market throughout the past few days and weeks. дальше »
2020-9-9 00:00 | |
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Eerie Bitcoin Fractal Suggests Ethereum’s Price Is About To Explode Higher
Ethereum just collapsed a full 37% over the last week, following a new 2020 high and a record over 300% rally from Black Thursday lows. But despite how sharp and violent the selloff has been, its possible that the price action is a bullish retest that after confirmation leads to more new highs ahead. According […] дальше »
2020-9-9 23:00 | |
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Bitcoin Tapping This Key Trendline Could Spark an Explosive Move Higher
Bitcoin has been seeing some rocky price action throughout the past couple of days. There has been an err of caution amongst investors in recent days, with Bitcoin’s position around $10,000 suggesting that its price action in the coming few days and weeks will be pivotal for understanding where it will trend in the days, […] дальше »
2020-9-8 02:00 | |
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Analyst: Ethereum Poised to Dip to $270 as Selling Pressure Mounts
Ethereum has been fully exposed to the weakness seen by Bitcoin and the aggregated crypto market today This has caused it to post some notable losses, with its price reeling down to lows of $325 earlier this morning before bears lost some of their momentum and the crypto rebounded back above $330 Despite some slightly positive price action seen this morning, one analyst is still noting that the likelihood of a decline down towards the […] дальше »
2020-9-8 23:00 | |
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Here’s the Key Level Bitcoin Needs to Break to Extend Its Macro Momentum
Bitcoin has seen some mixed price action throughout the past several days and weeks, struggling to garner any sustained buying pressure as its price hovers just above its crucial support between $9,900 and $10,000. дальше »
2020-9-7 01:00 | |
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Ethereum Taps Key Resistance as Analysts Watch for Rebound to Falter
Ethereum has posted a strong rebound from its recent lows, with bulls pushing the cryptocurrency up to highs of $360 earlier today This upswing proved to be short-lived, and the cryptocurrency has since been rejected at this level Nonetheless, today’s price action has signaled that ETH’s sub-$320 lows may ultimately mark a long-term bottom that is followed by further upside While speaking about this, one analyst explained that although today’s rebound has been strong, it […] дальше »
2020-9-6 22:00 | |
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Bitcoin Bears May Soon Be Punished as On-Chain Data Grows Bullish
Bitcoin has seen some incredibly bearish price action throughout the past few days, with the cryptocurrency’s price declining to lows of $9,900 before being able to find some strong support. The buying pressure here did prove to be rather significant, as it allowed the token to rally higher and once again stabilize within the lower-$10,000 […] дальше »
2020-9-6 01:00 | |
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Ethereum Struggles to Reclaim $400, But Bulls May Be Building Up Strength
Ethereum has seen some mixed price action throughout the past 24-hours Despite diving as low as $375 at one point yesterday, the cryptocurrency was able to post a massive rebound that allowed it to climb back up towards $400 It has been consolidating ever since, being unable to firmly surmount this level – signaling that there is some resistance here One trader is noting that although it has shown some signs of weakness, it still […] дальше »
2020-9-5 23:00 | |
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Bitfinex And Tether File Motion For Dismissal Of Bitcoin Price Manipulation Case
Tether and its sister firm crypto exchange Bitfinex on Thursday asked a court to throw out a lawsuit that alleges the two firms conspired to manipulate the bitcoin market. In their defense, Bitfinex and Tether argue that the plaintiffs did not provide sufficient proof to back their claims. дальше »
2020-9-5 21:41 | |
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Ethereum’s Mid-Term Outlook Remains Extremely Bullish Despite Today’s Drop
Ethereum has seen some rocky price action over the past few days, with sellers gaining clear control over its price action today after pushing it down over 20% from its multi-day highs. This selling pressure has come about in tandem by that seen by both Bitcoin and the rest of the crypto market, with this […] дальше »
2020-9-4 02:00 | |
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Analyst: Ethereum Now Entering a Macro Correction as Selling Pressure Mounts
Ethereum has been hit hard by the latest selloff, with the cryptocurrency’s price plunging to its critical $400 support before posting a slight rebound This price action has done little to offer insight into ETH’s mid-term trend, but it did strike a blow to the bull case that has been mounting over the past few weeks Analysts are now conflicted as to where it may trend in the near-term, which may depend largely on its […] дальше »
2020-9-4 23:00 | |
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Shyft Network Announces Veriscope Governance Task Force in search of FATF Travel Rule Solutions
In their ongoing fight against global money laundering, the Financial Action Task Force (FATF) has given out a new set of recommendations concerning cryptocurrency transfers between Virtual Asset Service Providers (VASPs). дальше »
2020-9-2 20:17 | |
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Tezos Foundation to Pay XTZ Token Sale Investors $25M to Settle Class Action Lawsuit
After three years, a long-running class-action lawsuit against Tezos Foundation has come to a close. A U. S. District Judge Richard Seeborg from the Northern District of California approved a $25 million payment by Tezos Foundation to aggrieved investors. дальше »
2020-9-2 22:37 | |
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Blockchain Bites: Patoshi’s Patterns, Canaan’s Losses, DeFi’s ‘Weird’ Moment
Decentralized exchange volumes climb for a third straight month, Tezos settled a class action and Coinbase added a16z and DoorDash executives to its board. дальше »
2020-9-2 19:04 | |
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Tezos Agrees To Pay $25 Million To End Class Action Lawsuit Over Securities Laws Violation
Tezos has reached a settlement with the court to end approximately three years of litigation between Tezos and a group of plaintiffs. The said plaintiffs filed a class-action lawsuit that concerned whether the Tezos (XTZ) cryptocurrency is a security and whether the company conducted its 2017 ICO inappropriately. дальше »
2020-9-1 18:17 | |
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Bitcoin and Ethereum Close the Month on the Bullish Side
Coinspeaker Bitcoin and Ethereum Close the Month on the Bullish SideBitcoin’s price action on Monday, August 31st, was quite uncertain. Although it seemed like a double bottom pattern had formed over the weekend, the erratic behavior seen on this day left many scratching their heads. дальше »
2020-9-1 13:54 | |
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5 Altcoins To Watch Going Forward In 2020 And Beyond
The year 2020 has been an eventful one for cryptocurrencies. Some have done extremely well while some have recorded negative price action since the year started. Among those that have done well, there are those with a greater chance of doing even better within the year and even more so in years to come. This […] дальше »
2020-8-31 15:25 | |
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Current Bitcoin Price Action Closely Follows Textbook Distribution Pattern
Bitcoin bulls are currently attempting to turn weekly resistance at $11,500 into support. However, failure may be likely according to an ominous pattern the cryptocurrency is painting. Recent price action in the first-ever cryptocurrency closely mimics that of a Wyckoff distribution model. дальше »
2020-8-30 22:00 | |
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Analyst: Ethereum Likely to Plunge Towards $320 After Tapping This Key Level
Ethereum has been closely tracking Bitcoin’s price action throughout the past few weeks, although it has been able to outperform the crypto in recent days The cryptocurrency is currently trading up significantly from recent lows of $379 that were set during its recent selloff While BTC remains below its pre-selloff highs, Ethereum has been able to surge past them Despite this strength, analysts are still noting that the crypto may plunge into the lower-to-mid $300 […] дальше »
2020-8-30 22:00 | |
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Lessons for Traders 101 - 2020's Bitcoin isn't 2017's Bitcoin
Bitcoin’s on-chain fundamentals grew stronger post its second halving in 2016. However, while most traders have historically been focused on the world's largest cryptocurrency's price action, there The post Lessons for Traders 101 - 2020's Bitcoin isn't 2017's Bitcoin appeared first on AMBCrypto. дальше »
2020-8-29 22:30 | |
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ShapeShift employee allegedly stole $900,000 in Bitcoin from company accounts
Crypto firm ShapeShift filed a civil action against a former employee of its engineering team who allegedly stole over 90 Bitcoin from company accounts, court documents show. The post ShapeShift employee allegedly stole $900,000 in Bitcoin from company accounts appeared first on CryptoSlate. дальше »
2020-8-29 19:00 | |
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