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How Bitcoin Supply Shock Could Drive Next Major Rally: Analyst

The bitcoin price has returned to top $13k once again. A supply shock theory following the halving suggests that the next major bull cycle could be about to begin. There is no denying that bitcoin has been in its most bullish state for 16 months, and it is just a few hundred dollars away from […] The post How Bitcoin Supply Shock Could Drive Next Major Rally: Analyst appeared first on BeInCrypto. дальше »

2020-10-26 17:13


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Analyst Who Called Ethereum’s Parabolic Breakout Says XRP is Next

XRP’s price action has been rather lackluster as of late, with buyers and sellers remaining deadlocked as they struggle to gain control of the cryptocurrency’s near-term trend. This lack of momentum isn’t new for XRP, as the token has been stuck within a macro consolidation phase throughout the past few years against both its USD […] дальше »

2020-10-25 04:00


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Large Bitcoin Holders Just Moved 80,000 BTC; Analysts Grow Cautious

Bitcoin is in the process of testing its 2020 highs again as bulls attempt to take the reins and guide it to see further upside It has been struggling to gain any serious near-term momentum due to the selling pressure at $13,200, but once broken, it could rally towards $14,000 Despite its overt bullishness at the present moment, there are a few bearish signs that may indicate that a selloff is brewing One analyst is […] дальше »

2020-10-25 01:00


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This Technical Indicator Suggests Bitcoin Has Formed a Local Top

Bitcoin’s price is seeing a slight consolidation phase as it trades around $13,000 The selling pressure around $13,200 has proven to be significant but bears inability to spark any significant retrace points to some weakness amongst sellers If bulls can provide BTC with a strong foothold within this price region, there’s a strong chance that serious upside is imminent One analyst explained in a recent tweet, however, that a technical indicator is suggesting that the […] дальше »

2020-10-24 02:00


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Analyst: Ethereum is Poised to Rally Past $430 Despite Consolidation

Ethereum has been showing tremendous signs of strength as it begins moving in lockstep with Bitcoin Despite seeing a selloff on the first day that Bitcoin started rallying, ETH quickly reshaped its previously close correlation with BTC and began surging This surge led its price all the way up to highs of $420 yesterday, which is where it found some slight resistance One analyst believes that this resistance will be swiftly surmounted in the near-term […] дальше »

2020-10-24 23:00


$900 Imminent? Analyst Claims Ethereum is Ready for an Explosive Move Higher

After days of underperformance, Ethereum’s price is finally catching up to that of Bitcoin The second-largest digital asset saw a massive overnight rally that led it all the way up to highs of $415 before it found any resistance This surge marks a notable climb from its recent lows of sub-$370 that were set just a few days ago It has also reinvigorated altcoins, with ETH’s uptick in price allowing many smaller assets also to […] дальше »

2020-10-23 23:00


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Analysts Think Ethereum’s Bull Trend is “Just Getting Started” Despite Selloff

Ethereum has plunged today despite the strength seen by Bitcoin ETH’s ongoing descent has sent shockwaves throughout the market, creating a tailwind that has adversely impacted most other altcoins This intense selling pressure isn’t showing any signs of letting up today, but it is important to note that there’s still a chance that an upside movement is brewing One analyst is pointing to ETH’s Renko chart with a Guppy indicator, noting that it appears to […] дальше »

2020-10-21 23:00


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Here’s Why Ethereum Has the “Best TA Structure” in the Crypto Market

Ethereum is currently in the process of breaking back above its crucial $380 resistance level This level has significant historical importance, as breaks above and below it have marked turning points for the cryptocurrency’s previous trends Whether or not the crypto can push higher in the near-term may depend somewhat on Bitcoin The benchmark crypto has been seeing a slight uptrend over the past day, but it remains below its $11,600 resistance One analyst is […] дальше »

2020-10-20 23:00


Analyst Claims Bitcoin Unlikely to Gain a Trend Until 2 Key Events Occur

It has been a rocky past week for Bitcoin, as the cryptocurrency has primarily been subjected to a bout of sideways trading Its inability to gain any trend is likely due to the stock market’s consolidation phase For better or worse, BTC has grown incredibly tied to the traditional market Its near-term trend may depend almost entirely on that seen by equities That said, one analyst is now pointing towards two key events currently taking […] дальше »

2020-10-20 21:00


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Why a Technical Analyst is Predicting a Sub-$8K Yearn Finance (YFI) Crash

More warnings flashed for Yearn Finance’s governance token YFI even as it showed signs of recovering after an upside weekend session. Market analyst Teddy Cleps envisioned a waterfall-like trend for YFI/USD, noting that the pair is likely to continue trading lower with anticipations of bouncing back on every support-retest. He further hinted that price floors […] дальше »

2020-10-19 14:04


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Bitcoin Reaches Critical Level as Bulls Attempt to Spark Fresh Uptrend

Bitcoin’s price has been stuck within a macro consolidation phase for the past several months This consolidation has led to the formation of a trading range between $10,000 and $12,400, with bulls and bears with being unable to break above or below either of these levels One analyst is now noting that data seems to suggest that BTC is currently trading at a pivotal level for its future Although $20,000 is often looked upon as […] дальше »

2020-10-19 01:00


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Ethereum to See “Price Discovery” in 2021; Analyst Targets $750

Ethereum has seen some slight momentum over the past 24-hours that has pushed its price towards $380 This is a critical level that has historically sparked both uptrends and downtrends Whether or not this level is broken above in the near-term will provide serious insights into the crypto’s outlook One analyst is noting that its mid-term market structure is incredibly bullish, and that it is likely to lead it into “price discovery” in 2021 As […] дальше »

2020-10-18 22:00


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This Indicator With an 80% Strike Rate Just Flashed a Bullish Sign for Bitcoin

Bitcoin and the aggregated crypto market have been struggling to gain any significant momentum BTC has pushed off of its recent lows, however, it remains in a somewhat precarious position as its price continues trading sideways Where it trends next will likely depend largely on the stock market, which has had intense influence over its price action Still, its independent strength remains, as most on-chain indicators are flashing bullish signs One analyst is now noting […] дальше »

2020-10-18 19:00


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Analyst: Bitcoin Would Rocket to $20k if It Were to Breakout Today

Bitcoin’s price has been struggling to gain any serious momentum over the past few days This has come about due to the stock market’s sideways trading, which is still holding heavy influence over that of BTC The cryptocurrency is facing some heightened selling pressure due to bearish developments within the market, but bulls have been absorbing the heavy influx of sell orders Where the entire market trends next may depend largely on Bitcoin One analyst […] дальше »

2020-10-18 01:00


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Do or Die: Ethereum Tests Critical Support Region as Bears Try to Regain Control

Ethereum has been struggling to garner any technical strength in the time following its dip below $380 This is a critical level that has determined its trends in the past, and the break below it is quite bearish Where the entire market trends next will likely depend on Bitcoin, but any near-term BTC downside could force ETH below a critical support level It is currently trading just a hair above this level, and one analyst […] дальше »

2020-10-18 22:00