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Bloomberg gives four reasons why demand for Bitcoin is set to shoot higher
To the credit of Mike McGlone, a senior commodity analyst at Bloomberg Intelligence, he called a Bitcoin breakout towards $13,000 when few expected it. The post Bloomberg gives four reasons why demand for Bitcoin is set to shoot higher appeared first on CryptoSlate. дальше »
2020-8-7 01:00 | |
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Here’s Why One Analyst Expects Ethereum to Tap $275 Before Pushing Any Higher
Ethereum has been struggling to break above $400 for the past several days The selling pressure here is quite significant, and a sustained break above this level would be a highly bullish technical development Because ETH has been consolidating just below it throughout the past few days, bulls may be gearing up for a major push higher Despite being technically strong, one analyst is still expecting the cryptocurrency to see another “scam wick” that leads […] дальше »
2020-8-7 23:00 | |
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Bitcoin is Pushing Against a Crucial Level as Chances of an Explosive Rally Grow
Bitcoin and the entire crypto market saw a strong afternoon yesterday. This allowed BTC to push up towards $11,800 The cryptocurrency is now caught within what will likely be a short-term consolidation phase at just under $12,000 Whether or not it can surmount this crucial resistance today will help offer insights into its short-term outlook One analyst explained in a recent tweet that yesterday’s daily close does seem to indicate that a break above this […] дальше »
2020-8-7 21:00 | |
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Analyst Explains Why KAVA Could Rise Further Atop Its 170% QTD Rally
DeFi token KAVA has caught investors’ attention following its 170 percent rally in the third quarter. Luke Martin, a cryptocurrency analyst, listed two reasons why KAVA/USD should continue its bullish momentum in the coming sessions. дальше »
2020-8-6 17:24 | |
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Why Analyst Who Predicted Bitcoin’s 2018 Low Isn’t Bullish on Stellar (XLM)
Like many other large-cap altcoins, Stellar Lumens (XLM) has performed well against Bitcoin and the U. S. dollar over recent weeks. Per data from TradingView, the asset is up by 58% against the dollar. дальше »
2020-8-6 10:00 | |
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Chainlink Competitor Band Protocol (BAND) Surges 45% In 5 Minutes: Here’s Why
It seems that the days of explosive crypto gains are back. In the span of about five minutes, Band Protocol (BAND) gained approximately 45% against the U. S. dollar as buying volume surged. The chart below is from Alex Kruger, an analyst in the cryptocurrency space. дальше »
2020-8-6 01:42 | |
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Why One Trader Thinks Bitcoin Will See a $1,000+ Plunge Despite Ongoing Upswing
Bitcoin is currently showing intense signs of technical strength as it races towards $12,000 once again despite the recent rejection at this level The cryptocurrency is now well-positioned to see further upside but remains within a short-term consolidation phase until it shatters this level This uptrend may be bolstered by its break above a previously formed trading range within the lower-$11,000 region One analyst still believes that Bitcoin is at risk of seeing a large […] дальше »
2020-8-6 21:00 | |
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Ethereum Could Soon Set “New Highs” as $400 Resistance Weakens: Analyst
Ethereum has bounced back quickly after last weekend’s 26% crash from its highs. As of the time of this article’s writing, the leading cryptocurrency has a price of $399 — just 4% below the year-to-date high. дальше »
2020-8-5 17:15 | |
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Analyst Explains Why the Ultimate Resistance Bitcoin Faces Is $11,500
Just a day before the weekly close, Bitcoin saw an explosive breakout as high as $12,200 on Saturday. In classic crypto fashion, the cryptocurrency proceeded to drop by $1,500 in the span of five minutes as sellers rushed in. дальше »
2020-8-5 15:00 | |
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Ethereum’s DeFi Space Is Exploding According to These 4 Metrics
Despite volatility in the Ethereum market, decentralized finance (DeFi) — which some argue is the killer use case for the cryptocurrency — has continued to see rapid growth in recent months. Ethereum’s DeFi Space Is Seeing Rapid Growth Spencer Noon, the head of the cryptocurrency fund DTC Capital and an on-chain analyst, noted on August […] дальше »
2020-8-5 06:00 | |
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Here’s Why Traders are Growing Cautious About Ethereum’s Uptrend
Ethereum has witnessed some incredibly mixed price action throughout the past few weeks After rallying up to highs of $415, it has been struggling to recapture this momentum as it largely trades below $400 Yesterday, ETH bulls pushed it to this key level before facing a massive influx of selling pressure that forced it lower It is now trading around its daily lows as bulls struggle to gain further momentum This has led one analyst […] дальше »
2020-8-5 23:00 | |
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Analyst: Closing Above This Crucial Level Could Catapult Bitcoin to New Highs
Bitcoin appears to have entered a clear consolidation phase as it trades within the lower-$11,000 region Overnight the crypto faced a slight rejection after buyers tried to push it up towards its near-term resistance Buyers were not able to surmount the heavy selling pressure that existed within this region, and the crypto fell back to its support at $11,000 Analysts are now noting that BTC could be just a stone’s throw away from seeing an […] дальше »
2020-8-5 21:00 | |
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Bitcoin Support at $10.5K Could Push Price Towards 2019 High: Analyst
Bitcoin price hit a year-to-date high at $12,134, notching a new milestone in a bull run that started in March 2020. The benchmark cryptocurrency, nevertheless, underwent a “flash crash” minutes after topping out. дальше »
2020-8-4 14:03 | |
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Analyst: Bitcoin’s Recent Surge Looks Like the Start of 2019’s 250% Rally
Bitcoin’s flash crash on the weekend has thrown a wrench into the bullish outlook of some analysts. Because BTC was rejected at such a crucial level ($12,000), some have suggested that the asset could see a pullback to pre-rally levels in the $9,000s. дальше »
2020-8-5 13:00 | |
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XRP Could Crash 50% as Price Undergoes Critical Rejection: Analyst
Last week, analysts thought XRP was on the verge of a massive breakout. Against the dollar and against Bitcoin, the leading altcoin saw an explosive breakout that reminded some of the start of the infamous 2017/2018 pump. дальше »
2020-8-3 13:00 | |
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Macro Analyst Explains Why Shorting Bitcoin is a Bad Idea
Bitcoin is still bullish and could reverse its weekend losses in the coming sessions, according to Marc Principato of Green Bridge Investing. The macro analyst said late Sunday that shorting the cryptocurrency in a broader uptrend is a bad idea. дальше »
2020-8-3 12:27 | |
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Analyst Who Predicted Drop to $10,500: Bitcoin Could Plunge Another $1,500
On July 31st, the day Bitcoin pressed past $11,500 for the first time in a year, one cryptocurrency trader predicted a steep retracement. The trader commented in a tweet that while he wasn’t in a trade at the time, he would not mind “getting in a long position from around $10,300 to $10,500.” Few expected […] дальше »
2020-8-3 02:59 | |
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Macro Analyst: Bitcoin Price Could Soon See a “Very Large Upmove”
Bitcoin has seen an explosive past seven days. Per data from Coin Market Cap, the leading cryptocurrency has literally rallied 21% in the past week — one of the best weekly performances in some months. дальше »
2020-8-2 04:00 | |
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On-Chain Analyst: Bitcoin’s Next True Bull Trend May Not Start Until Q4 2020
Bitcoin’s price is currently flashing signs of immense strength as it navigates up towards the resistance found within the mid-$11,000 region. The slight uptrend seen today that came about after it dipped to lows of $10,800 has allowed it to push against its 2020 highs of $11,400, and it does appear that further upside is […] дальше »
2020-8-1 05:00 | |
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Bitcoin’s Monthly Candle is About to See Its Most Bullish Close Since 2017
Bitcoin and the aggregated crypto market are currently flashing some signs of tempered strength as most assets push higher BTC is still caught within a consolidation phase within the lower-$11,000 region Strength in other assets, like Ethereum, may help guide the benchmark crypto higher in the days ahead One analyst is now noting that BTC is about to post one of the most bullish monthly candles it has seen since late-2017 As long as BTC’s […] дальше »
2020-8-1 02:00 | |
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Analyst: Watch Which Altcoins Hold Against Bitcoin For Surprising Springboard Recovery
The top two crypto asset by market cap Bitcoin and Ethereum pumping so hard has left the rest of the crypto market in its dust. Even DeFi tokens that had once been hot to trot have plummeted in the wake of this week’s rally. дальше »
2020-8-1 22:00 | |
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What To Expect If Bitcoin Forms Three White Soldiers On Weekly Timeframes
Bitcoin price this week exploded through resistance at $10,000 and blasted to a high of $11,400. The cryptocurrency is now consolidating below that level, gearing up for what one crypto analyst expects to be a follow up nearly one and a half times the size of this week’s rally. дальше »
2020-8-1 20:00 | |
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Bitcoin Looks Structurally Similar to Start of Rally to $20,000: Analyst
Despite the surge over the past few weeks, not all analysts are convinced Bitcoin is in a full-blown bull market. There remain commentators who argue that this move may just be a range deviation before a move back to the $9,000s, then lower. дальше »
2020-7-31 15:00 | |
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Bitcoin Could Hit $12K on Ethereum-Tailing Behaviour: Analyst
Bitcoin is eyeing a breakout towards $12,000, according to crypto-chart analyst Josh Rager. The analogy appears out of Ethereum’s latest upside move from a consolidation range. Mr. Rager sees Bitcoin repeating the same bullish action as it trades inside a similar sideways pattern. дальше »
2020-7-31 14:05 | |
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Bitcoin is Going to Hit $13,500 This Quarter; Analyst Explains Why
Bitcoin may continue its current bull run to hit $13,500 this quarter, according to a technical setup presented by analyst Vince Prince. The TradingView contributor showed the cryptocurrency inside a rising bull flag – an ascending channel pattern, stating it has the strength to break above it. дальше »
2020-7-31 12:09 | |
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Analyst Is Predicting a “Deepish Pullback” For Ethereum as Price Fails at $325
Even after a slight pullback from the local highs of $330, Ethereum remains one of the best-performing cryptos of the past week. According to Coin Market Cap data, the asset is trading for $324 on leading margin exchanges at the moment. дальше »
2020-7-31 04:00 | |
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Major Investment Bank Oppenheimer Bullish on Bitcoin, Highlights Instead of Gold
U. S. investment bank Oppenheimer’s analyst says gold is “extended” and has “run up a bit,” bringing attention to bitcoin instead. He sees the cryptocurrency reversing its downtrend from the $20K peak, benefiting from the dollar’s weakness. дальше »
2020-7-30 18:30 | |
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There’s “Only Air” From Here to $20,000 For the Bitcoin Price: Analyst
Bitcoin has begun to consolidate after its explosive breakout on Monday. Over the past 48 hours, the leading cryptocurrency has jumped between $10,800 and $11,300, attempting to establish a short-term range. дальше »
2020-7-30 13:00 | |
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Crypto Analyst Pitches a Case For XRP to Hit $30 By End of 2021
XRP is a polarizing cryptocurrency asset, perhaps the most across the industry. It has some of the most die-hard believers, while others despise its very existence in the top ten assets by market cap. дальше »
2020-7-30 23:00 | |
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Why Analysts Think XRP Has The “Worst Looking Chart” in the Crypto Market
XRP’s price rallied overnight and is finally starting to see some of the momentum that has recently been incurred by the rest of the crypto market Despite this, analysts are noting that there are some troubling signs regarding the crypto’s near-term strength As a result of these signs, one analyst is even going so far as to note that XRP has one of the worst charts of all cryptocurrencies He explained that its upwards price […] дальше »
2020-7-30 23:00 | |
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This Technical Pattern Suggests Bitcoin is Ready to Push Towards $14,000
Bitcoin has now entered a clear consolidation phase as its price hovers above $11,000 Bulls were able to maintain their strength overnight, pushing BTC towards $11,200 as bears lose their support BTC’s overt strength at the present moment suggests that it is well-positioned to see further near-term upside One analyst is also pointing to the emergence of a technical pattern as another reason why it may push higher He notes that this pattern could send […] дальше »
2020-7-30 21:00 | |
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Coin Metrics’ Trusted Volume Framework Reveals Only 14 Exchanges Are Reporting Real Trading Data
Coin Metrics, a crypto analyst firm, has released a new framework called ‘Trusted Volume Framework’ to evaluate how trustworthy is the trading volume clams made by various exchanges every year. The analysts at Coin Metrics found that only a handful of exchanges, among hundreds, managed to cut when it comes to offering trading volume data. […] дальше »
2020-7-29 19:22 | |
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Bitcoin is Heading to Break Last Year’s High: Bloomberg Analyst
The world’s largest cryptocurrency has gone past $10,000 and is trading well into $11,000. During the last bull run, the first time bitcoin hit $10k; it took two weeks to break the ATH of $20,000. This time, Bitcoin has been holding stable for four months when its physiological barrier of $10,000 was broken. However, despite […] дальше »
2020-7-29 16:32 | |
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Analyst Who Predicted Bitcoin’s V-Bounce at $3,700 Thinks This Comes Next
Bitcoin has stagnated after surging as high as $11,500 on Monday. As of this article’s writing, the asset trades for $10,950 — just under 5% below the local high. Analysts remain optimistic about BTC, arguing that the asset is poised to rally further in the days ahead. дальше »
2020-7-29 15:00 | |
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Analyst Who Predicted Bitcoin’s 2018 Bottom Thinks $12k Is Imminent
Bitcoin has faced a rather strong correction after its explosion to the $11,500 highs. At the recent lows, the asset traded as low as $10,600 — around 8% below the local highs. Despite the retracement and the fact that BTC remains below $11,000, analysts remain bullish on Bitcoin. дальше »
2020-7-29 13:00 | |
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If XRP Doesn’t “Step on the Gas,” a 25% Drop Is Imminent: Analyst
Believe it or not, XRP is actually one of the best-performing cryptocurrencies of the past 24 hours. According to Coin Market Cap, the asset has gained 8. 5% in the past 24 hours. Analysts are not yet convinced the altcoin is in a bull market. дальше »
2020-7-29 13:00 | |
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Analyst: Bitcoin’s 20% Surge Ruptured DeFi Boom, Projects Dive 20% or More
While Bitcoin was trading sideways, small-cap altcoins, decentralized oracles, and DeFi tokens were the stand out crypto market performers for several months. However, as the first-ever cryptocurrency and Ethereum began pumping over the last week, DeFi projects were decimated. дальше »
2020-7-29 04:00 | |
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One Crucial Factor Suggests Bitcoin‘s Intense Uptrend is About to Slow Down
Bitcoin and the entire crypto market are currently consolidating following the immense volatility seen throughout the past couple of days BTC bulls are currently attempting to establish $11,000 as a support level, although they appear to be struggling as the crypto hovers beneath this level The benchmark cryptocurrency also is flashing a few warning signs, including incredibly high funding rates across major trading platforms This has led one analyst to note that BTC needs some […] дальше »
2020-7-29 02:00 | |
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Mati Greenspan’s Quantum Economics has partnered with major Indian crypto media group CoinGape
Major India crypto media group, CoinGape, has today announced its partnership with Mati Greenspan’s Quantum Economics. It is seen as a big deal for the CoinGape readers, especially since Greenspan is dubbed as an experienced trader, analyst, investor, and also a top-notch portfolio manager. дальше »
2020-7-29 23:08 | |
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Ethereum Retraces After Hitting Crucial Resistance; Here’s How Low It May Dip
Ethereum is currently retracing following its intense move higher throughout the past few days The cryptocurrency remains technically strong and is sitting well above where it was trading at just one week ago Despite this, analysts are also noting that it recently reached the top of a crucial range seen while looking at its BTC trading pair One analyst is noting that he expects the cryptocurrency’s uptrend to stall here, potentially causing ETH to see […] дальше »
2020-7-29 23:00 | |
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Analyst Who Forecasted Latest Bitcoin Rally Now Predicts Move to $18,000
Bitcoin’s price has found some notable stability in the time following its intense rally past $11,000 seen yesterday Although the cryptocurrency has not yet retraced following this incredible movement, it does appear to be facing some resistance above its current price levels BTC is now establishing the $11,000 level as support, which is a highly bullish sign – according to analysts One prominent trader who forecasted this latest movement is now noting that the crypto […] дальше »
2020-7-29 21:00 | |
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Mati Greenspan Will Provide Exclusive Research and Analysis for Indian Media Group Coingape
Mati Greenspan’s Quantum Economics has teamed up with Coingape to provide expert analysis of crypto market trends, project research, and more. The former eToro analyst, who has since started up his own advisory agency, is one of the best-known crypto commenters. дальше »
2020-7-29 18:36 | |
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$12k Bitcoin Can Unlock Prices “As High as Imagination” Will Allow: Analyst
Bitcoin has faced a rejection after surging as high as $11,500 on Monday. As of the time of this article’s writing, BTC is at $10,800. Analysts remain optimistic despite this drop from the local highs, arguing that the bearish market structure that persisted last week is now broken. дальше »
2020-7-28 15:00 | |
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Bitcoin Breakout Above $11K Should Lead to All-Time High: Analyst
Bitcoin leaped over the $11,000-level Monday for the first time since August 2019. The rally appeared as a weakening dollar injected new buying momentum in the safe-haven assets. Josh Rager, the co-founder of Blockroots, stated the latest jump should lead Bitcoin to an all-time high after recalling a similar move from 2019. дальше »
2020-7-28 09:14 | |
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Troubling Signs: Why One Analyst is Concerned About Bitcoin’s Latest Rally
Bitcoin has been caught within the throes of an intense uptrend throughout the past several days and weeks This has allowed it to post notable gains, despite previously showing signs of weakness as it consolidated at the lower end of its macro trading range The cryptocurrency has now shattered its high time frame resistance at $10,500 One analyst is cautioning investors against growing too bullish when it comes to this latest upswing He is noting […] дальше »
2020-7-28 02:00 | |
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Prominent Trader Suggests Bitcoin Could Soon Hit $15,000 by “Following Gold”
In the past few minutes, Bitcoin has crossed above $10,000 once again after consolidating at $9,900 for multiple hours. While it isn’t yet clear if BTC has flipped $10,000 into support, a prominent stock/futures trader is expecting a bigger breakout in the weeks and months ahead. дальше »
2020-7-27 04:38 | |
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Analyst Who Predicted BItcoin’s 2018 Bottom Thinks $10k Is Imminent
Bitcoin has been strongly underperforming Ethereum over recent days. The former is up around 6% while the latter has gained in excess of 30%. While some commentators see BTC’s inability to rally in pace with ETH as a bearish sign, some beg to differ. дальше »
2020-7-27 13:00 | |
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