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Weekly Bitcoin and Cryptocurrency Market Analysis
Simon Peters, market analyst: Bitcoin Teases Us At $12,000 Suffice it to say, it was a busy week, with mixed performance in equity markets and odd – but not unpromising – movements for bitcoin. The FTSE All-Share index and the STOXX600 both recorded steady rises, while the S&P500, which started the week at 3,352, took a turn for the worse on Wednesday. дальше »
2020-8-18 11:28 | |
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According To This Analyst, There’s a 30% Chance That Bitcoin Reaches $17,000 By Year-End
Bitcoin has been in a consolidation phase in recent weeks. Despite the long-term outlook for bitcoin remaining overwhelmingly bullish, it seems that the short-term progress is being hampered by the stubborn resistance at the $12-13K region. дальше »
2020-8-18 11:07 | |
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Crypto Market Analysis: 17th August 2020
Simon Peters, market analyst: Bitcoin teases us at $12,000 Suffice it to say, it was a busy week, with mixed performance in equity markets and odd – but not unpromising – movements for bitcoin. The FTSE All-Share index and the STOXX600 both recorded steady rises, while the S&P500, which started the week at 3,352, took […] дальше »
2020-8-18 10:45 | |
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Analyst Predicts New ATH for Ether in Q2 2021; Heightened Volatility Also Bullish
Ether is having a field day, enjoying substantial gains this past week. The digital asset jumped 20% to reach about $445, a level that was last seen in late July 2018. Ether started gaining after the price broke out of a two-month range between $210 and $250 towards the end of July. At the time […] дальше »
2020-8-17 19:08 | |
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Bitcoin Price Hits 13-Month High of $12,200, Liquidating $22M Shorts
A sudden charge to $12,200 causes instant pain for shorters as one analyst described it as a “clear fake-out to take liquidity.”
дальше »2020-8-18 16:49 | |
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This Should Be the Start of the Next Full-Blown XRP Bull Run: Analyst
XRP has been performing well over recent weeks, shaking off the multi-year bear market that it went through. Since the start of July, the leading cryptocurrency has gained around 50% against the dollar, outperforming Bitcoin. дальше »
2020-8-18 13:00 | |
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Analyst: BitMEX activating KYC is one of the “most bullish” events for Ethereum DeFi
Earlier this year, in March, rumors began to spread online that leading Bitcoin derivatives platform BitMEX was on the verge of implementing Know Your Customer (KYC) procedures. The post Analyst: BitMEX activating KYC is one of the “most bullish” events for Ethereum DeFi appeared first on CryptoSlate. дальше »
2020-8-17 10:55 | |
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Here’s Why $12,000 Is Bitcoin’s “Last Great Resistance”: Analyst
Bitcoin has struggled immensely at the $12,000 resistance over the past two weeks. On at least four separate occasions over this time frame, the leading cryptocurrency has been cleanly rejected at $12,000. дальше »
2020-8-17 02:59 | |
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Here’s How High One Trader Expects Bitcoin to Climb Before Forming a Top
Bitcoin faced yet another $12,000 rejection yesterday that caused the cryptocurrency’s price to reel down towards $11,700 This level appears to have been established as support, as buyers ardently defended against any break below it It now appears that the crypto’s short-term technical outlook remains unchanged, as BTC is still consolidating within the upper-$11,000 region As for where it may go next, one analyst explained that he is looking towards $13,000 as a near-term target […] дальше »
2020-8-17 19:00 | |
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Analyst: This Massive Bull Flag Could Send XRP Flying Towards $1.00
XRP has been hovering around the $0. 30 region for the past couple of days, with its price breaking back above this level after an extended bout of trading beneath it. The cryptocurrency’s price action in recent weeks has been somewhat mixed, with its rally from the lower-$0. дальше »
2020-8-16 04:00 | |
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Ethereum Slides to Crucial Support Level as Analysts Eye an Emerging Bull Flag
Ethereum posted a massive breakout yesterday that allowed it to put a firm end to the bout of sideways trading that it was previously experiencing The cryptocurrency is now attempting to stabilize within the mid-$400 region It is important to note that $450 does appear to be a resistance level, as this is around where its momentum faltered during its recent push higher One analyst is now noting that $430 is a crucial support level […] дальше »
2020-8-16 22:00 | |
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Analyst: Bitcoin Could Surge to $17,000 Once This Crucial Level is Broken
Bitcoin has been caught within a bout of sideways trading for the past couple of weeks This has led it to form a relatively wide trading range between $11,200 and $12,200 The crypto’s buyers have been ardently guarding against a dip to below the lower boundary of this range, as a strong upswing follows each visit here Analysts are now noting that BTC may be positioning itself to see significantly further gains in the short-term […] дальше »
2020-8-16 19:00 | |
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Analyst Who Predicted Bitcoin’s 2018 Bottom Expects a Move to $14k
Bitcoin is stagnating in the high-$11,000s once again despite Ethereum breaking higher. BTC trades at $11,800 as of this article’s writing, meaning the asset remains below the critical $12,000 level. дальше »
2020-8-15 04:00 | |
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Data analyst: Ethereum transaction fees will put a “hard cap” on DeFi bull run
Ethereum’s decentralized finance (DeFi) community and market have seen exponential growth over recent months. The post Data analyst: Ethereum transaction fees will put a “hard cap” on DeFi bull run appeared first on CryptoSlate. дальше »
2020-8-14 14:00 | |
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Analyst Explains Why Ethereum Could Surge Towards $600 This Year
Ethereum (Symbol: ETHBTC) could surge by another 50 percent as its price tests a long-term weekly resistance level. That is, according to Teddy Cleps, a crypto-focused market analyst-cum-daytrader. He spotted ETHBTC inching towards a price ceiling that had historically capped the pair from extending its upside moves. дальше »
2020-8-14 14:00 | |
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Analyst Who Called Bitcoin’s Move to $3,000s Thinks This Comes Next
Bitcoin is pressing higher after consolidating in the mid-$11,000s for a number of days. As of the time of this article’s writing, the leading cryptocurrency trades for $11,800. BTC is up 2% in the past 24 hours, underperforming Ethereum’s 10% performance. дальше »
2020-8-14 04:00 | |
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Analyst: Bitcoin Likely to Tap $10,000 Unless Bulls Spark Strong Movement
Bitcoin has been oscillating between the lower and mid-$11,000 region throughout the past few days This rocky price action comes close on the heels of the harsh rejection at $12,000 that it posted this past weekend The cryptocurrency will likely continue struggling to garner any momentum as long as hovers below the upper-$11,000 region, which is where it faces some resistance Analysts do believe that some near-term downside could be imminent in the days and […] дальше »
2020-8-13 21:00 | |
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Analyst Who Called Bitcoin’s Tuesday Low Expects a Move to $13,000
Bitcoin has bounced strongly after plunging as low as $11,100 on Tuesday. As of the time of this article’s writing, the leading cryptocurrency trades for $11,600 on leading exchanges. This is just under 5% above yesterday’s lows. дальше »
2020-8-13 04:00 | |
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Bitcoin Could Retrace to $9,000 if it Breaks Below This One Key Level
Bitcoin is now hovering within the mid-$11,000 region following the intense bout of selling pressure it witnessed yesterday The decline beneath $11,200 was quickly absorbed by bulls, although BTC remains in a somewhat precarious position One analyst is pointing to massive support just below where the crypto is currently trading as a bullish factor That being said, other traders are cautioning that BTC is getting closer to a key level that could lead the crypto […] дальше »
2020-8-13 02:00 | |
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Ethereum is at Risk of Losing a Crucial Level Following Yesterday’s Selloff
Ethereum has been closely tracking Bitcoin’s price action in recent weeks, which caused it to see some intense bearishness yesterday The cryptocurrency’s price dove as low as $367 once the selling pressure began peaking From this point, it saw a strong rebound that allowed it to recapture that vast majority of these losses It now appears to be well-positioned to see slightly further near-term upside One analyst believes that this latest dip did put ETH […] дальше »
2020-8-13 23:00 | |
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Bitcoin Correction Begins: How Much The Prices Can Fall This Time?
The much-anticipated correction in Bitcoin (Ticker: BTCUSD) has begun. But, according to veteran trader Jonny Moe, it is no reason for bulls to mourn. The analyst projected the benchmark cryptocurrency’s rally to resume after daytraders secured their short-term profits at $12,000. дальше »
2020-8-12 08:14 | |
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Altseason Narrative Strengthens as Altcoin Market Cap Breaches Multi-Year Resistance Level
The total altcoin market capitalization has crossed $140 billion, possibly signaling the beginning of a new altseason. Altcoin Market Cap Breaks Resistance According to a tweet by cryptocurrency analyst Rekt Capital on Tuesday (August 11, 2020), the altcoin market has crossed a major resistance level, going above $140 billion for the first time in twoRead MoreRead More. дальше »
2020-8-12 01:00 | |
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Analyst: XRP Is Poised to See a Parabolic Explosion to $0.93
XRP has been seeing mixed price action in recent times. After seeing an explosive rally up to highs of $0. 32, the cryptocurrency hit some insurmountable resistance that slowed its ascent and caused it to enter a consolidation phase. дальше »
2020-8-12 20:00 | |
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The Crypto Market Is Looking Like Q4 2016 All Over Again As “Early Main Bull Phase” Starts: Analyst
Despite an unprecedented global pandemic that has wreaked havoc on major economies of the world, the cryptocurrency markets have been heating up in recent months. According to widely-followed analyst Willy Woo, bitcoin is currently mirroring its performance in the fourth quarter of 2016 just before it raced to its current all-time high of $20,000. Woo […] дальше »
2020-8-12 18:42 | |
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Apple Stock Price Touches $450, Wedbush Analyst Raises Target to $515
Coinspeaker Apple Stock Price Touches $450, Wedbush Analyst Raises Target to $515Wedbush analyst Dan Ives remains optimistic about the launch of the upcoming iPhone 12 5G which will likely give a major boost to Apple's revenue stream. дальше »
2020-8-11 09:58 | |
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Return of the Bulls - Are we set for a multi-year crypto bull run?
Josh Olszewicz is a professional crypto trader at Techemy Capital and the lead analyst at Brave New Coin. In this episode of the Crypto Conversation Josh joins Andy to discuss the recent positive price action, the TokenSets platform, and Josh confirms that we’re in a crypto bull market. дальше »
2020-8-11 03:10 | |
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Bitcoin May Start a New Consolidation Trend After Facing Another $12k Rejection
Bitcoin is currently consolidating beneath $12,000 after facing a slight rejection at this level overnight The cryptocurrency has been struggling to break above this resistance for over a week One analyst is now noting that the resistance here may hold strong for the days to come, with BTC now kicking off a new consolidation phase Once the benchmark digital asset can break above this level, analysts are noting that a move to $13,000 will likely […] дальше »
2020-8-11 02:00 | |
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Bitcoin Rallying for Four Straight Weeks, Analyst says Sovereign Wealth Funds will Deploy this Bull Cycle
Bitcoin continues to play with $12,000. The world’s leading digital asset had another day like the last weekend when BTC breached $12k only to dump back to $10,500. However, this time, we didn't even fall to $11,500 and are back to approaching $12,000. дальше »
2020-8-10 20:44 | |
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Why Popular On-Chain Analyst Expects Bitcoin To Annihilate Altcoins In Coming Weeks
Altcoins have been on fire in recent months. Many alts have, in fact, significantly outperformed the No. 1 cryptocurrency as they rocketed to new all-time highs. One such token is decentralized oracles token Chainlink (LINK). дальше »
2020-8-10 13:28 | |
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An Analyst Isn’t Counting Out the Scenario Where Bitcoin Drops to $8,000
Disregarding the ongoing consolidation, Bitcoin has seen an explosive price performance in the past two weeks. In that time frame, the leading cryptocurrency has gained approximately 25. 8%. While this latest move higher brought the cryptocurrency above critical resistance levels in the $10,500 range. дальше »
2020-8-10 02:59 | |
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Scarily Accurate Analyst Thinks Bitcoin Will Hit $15,000 by September
Bitcoin has stagnated in the mid-$11,000s over the past few days despite a surge in the value of altcoins. As of the time of this article’s writing, the leading cryptocurrency is trading for $11,700. дальше »
2020-8-10 02:00 | |
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What Hope Do Bears Have If Bitcoin Holds $11,500? Analyst Asks
Despite the parabolic performance in some altcoins, Bitcoin is stagnating around the high-$11,000s. As of the time of this article’s writing, BTC is trading for $11,600. This comes after it was rejected last week at the $12,000 level yet again, marking a loss for bulls. дальше »
2020-8-10 23:00 | |
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Here’s Why Bitcoin Could Crush Altcoins in Coming Weeks
Altcoins have been posting exorbitant gains throughout the past few weeks, severely outperforming Bitcoin and most major digital assets This has come as both Bitcoin and Ethereum find themselves caught in prolonged consolidation phases just beneath their key near-term resistance levels Where they trend next may have heavy influence over the uptrends currently seen by smaller altcoins While speaking about this, one analyst explained that he expects BTC to crush altcoins in the coming weeks […] дальше »
2020-8-10 19:00 | |
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XRP is About to See Massive Volatility; Will It Favor Bears?
XRP has been consolidating alongside Bitcoin and Ethereum throughout the past week This has caused it to hover around $0.30 throughout the past several days Although this level was previously strong support, the buying pressure here is showing some signs of degrading as XRP dips below it It may now be prone to seeing further downside as a result of this One analyst is pointing to the formation of a massive pennant as a sign […] дальше »
2020-8-9 22:00 | |
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Eerily Accurate Analyst Thinks Bitcoin Could Hit $20,000 in the Next 3 Months
Bitcoin has finally started to show weakness after recovering from last weekend’s flash crash. After falling as low as $10,500 last weekend, the leading cryptocurrency surged as high as $11,950 before retracing. дальше »
2020-8-8 10:00 | |
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Analyst: Bitcoin May “Teleport” to $13,000 if It Breaks Key Level
Bitcoin is currently caught in an unwavering consolidation phase within the upper-$11,000 region This is where the cryptocurrency has been trading throughout the past several days Unless buyers step up and shatter the resistance that sits around $12,000, the crypto could be poised to see notable losses One analyst is now noting that he is closely watching the price region between $11,800 and $12,000, as a firm close above this level could lead BTC to […] дальше »
2020-8-8 02:00 | |
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Bitcoin Futures Trading at a High Premium; Already Hitting $12,000 on CME
Bitcoin has yet again gained momentum, with people expecting for $12k to hit soon. According to analyst Mati Greenspan, for a sustainable rally, a small retracement before we blast through $12,000 would be good for the largest digital currency. дальше »
2020-8-8 17:35 | |
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Analyst Expects Pain for Litecoin as It Paints “Bearish Engulfing Candle”
Litecoin (LTC) has surged 42 percent in a three-week winning streak. But the rally showed signs of exhaustion upon testing a “huge falling resistance” for a breakout. LTC printed a so-called “bearish engulfing candle,” which, according to financial analyst Vince Prince, spells downside risks for the cryptocurrency. дальше »
2020-8-7 16:00 | |
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XRP Could Plunge Towards $0.21, Fears Analyst After Price Rallies 50%
XRP has gained approximately 50% in the past two weeks alone. The asset now trades at $0. 32 as of this article’s writing, reaching highs not seen since earlier this year. Analysts are not convinced that the altcoin continues to press higher despite the price action. дальше »
2020-8-7 13:00 | |
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Analyst Explains Reasons Bitcoin Price Could Fall Back to Lower $10Ks
Bitcoin is facing risks of a price correction towards $10,000, according to a TradingView analyst. He spotted the cryptocurrency trading near its weekly resistance level, noting that it may amount to profit-taking action among traders. дальше »
2020-8-7 11:42 | |
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Analyst: XRP May Crater to $0.21 Before Strong Uptrend Can Extend
XRP has found itself caught within a consolidation phase throughout the past few days as it trades just above $0. 30. The cryptocurrency has been unable to surmount the heavy resistance it faces between $0. дальше »
2020-8-7 02:00 | |
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Analyst: Bitcoin Just Posted the “Most Important Breakout” in BTC History
Bitcoin has been seeing some incredibly bullish price action throughout the past several days and weeks The cryptocurrency is now consolidating at just below $12,000 as its buyers attempt to catalyze another leg higher Despite facing resistance at this level, the crypto has yet to see any type of harsh breakdown here One recent technical development is creating a new source of bullishness amongst traders The cryptocurrency just broke out of a multi-year bull pennant, […] дальше »
2020-8-7 02:00 | |
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