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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


Bitcoin Price (BTCUSD) Sees Violent $750 Drop, Top Formation Appears

Yesterday, crypto bulls began celebrating as Bitcoin poked its head above resistance at $12,000 momentarily, before pulling back ahead of the first daily close of the new month. The failure to set a new high, coinciding with some bearish technical signals and underlying market factors, may have prompted the selloff. But how low will this […] дальше »

2020-9-2 14:49


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Analyst: Ethereum May Target $650 After Invalidating Signs of Bearishness

Ethereum and the entire crypto market have shown some signs of strength today This has allowed ETH to push up towards $500, with the cryptocurrency rallying to highs of $475 before seeing some stalling momentum Analysts don’t believe that this ongoing upsurge is anywhere close to being completed One trader noted that his bearish scenario for ETH has now been invalidated, suggesting that further upside could be imminent Another trader is now setting his sights […] дальше »

2020-9-2 23:00


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Bitcoin’s Bull Case Degrades Following Selloff; What Analysts Are Watching

Bitcoin has seen some slight downside today, marking a bearish resolution to the bout of sideways trading that it has been caught within throughout the past few days Yesterday, bulls were showing some signs of strength as they pushed the crypto towards $12,000 This fleeting momentum seems to indicate that bulls are still plagued by underlying weakness As for where BTC may trend next, analysts are noting that this did strike a blow to the […] дальше »

2020-8-26 21:00


62k Bitcoin Options Expiring This Week with Institutional Investors Short-term Bearish

As we enter into the last week of August, it’s time for bitcoin derivatives to expire. This week, 62,000 BTC worth about $730 million of Bitcoin options will be expiring on Friday. June’s $1 billion bitcoin derivatives expiry was a non-event for the price of the digital asset. Now, it’s to be seen how the […] дальше »

2020-8-24 18:16


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Institutional Traders are Shorting Bitcoin Now More Than Ever Before

Institutional traders are growing incredibly bearish on Bitcoin, widely betting that its price is poised to see a strong near-term pullback This sentiment is a far depart from that seen by retail traders, which are more bullish than ever on the cryptocurrency This data comes from the latest Commitment of Traders Report, which details an interesting trend in the dynamic between retail investors and so-called “smart money” From a technical and fundamental standpoint, there are […] дальше »

2020-8-23 19:00