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Ethereum Shows Signs of Weakness as It Nears Last-Ditch Support

Ethereum is showing some signs of weakness as it once again dips below $390 This level has become slight support for the cryptocurrency, with a sustained bout of trading beneath it potentially degrading its technical strength Analysts are offering a mixed outlook on the cryptocurrency, but one thing that is widely agreed upon is that it is approaching a make-or-break support level If the cryptocurrency is able to bounce at this level, it may be positioned […] дальше »

2020-8-24 22:00


This Support Could “Launch” Ethereum to $500 as Bulls Slow Its Descent

Ethereum saw a sharp decline throughout the past couple of days that led it to break below $400 The selling pressure driving this movement ramped up overnight, but bulls have since been able to reverse it Analysts are now noting that it may be well-positioned to see further upside in the days and weeks ahead Its positive reaction to one crucial support level is even leading one trader to note that it could soon be […] дальше »

2020-8-22 22:00


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Here’s the Crucial Level That May Spark Bitcoin’s Next Bloodbath Decline

Bitcoin has been caught in the throes of an intense bout of sideways trading for the past few weeks, with attempts to break above or below the upper-$11,000 region proving to be highly fleeting. Earlier this week, the benchmark cryptocurrency rallied as high as $12,400 before it lost its momentum, with its price subsequently plunging […] дальше »

2020-8-22 02:00


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Bitcoin’s Current Side Movement Signals An Imminent Breakout As Investors Are Extremely Bullish

Bitcoin has regained over $300 dollars since its massive correction from a high of $12400 to $11500 which saw the coin drop by a thousand dollars. While some analysts predicted a bearish movement that could see Bitcoin drop below $10,000, in the last 24 hours Bitcoin has reached $11,858 a small but significant 1.42% price […] дальше »

2020-8-22 23:39


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Chainlink Breaks Below Crucial Technical Pattern as Analysts Eye Downside

Chainlink has expressed some signs of overt weakness throughout the past few hours, with its price reeling down towards its bedrock support at $14.00. This sharp downturn has come about as the entire crypto market shows some signs of weakness, which may be, in part, rooted in Ethereum’s plunge towards $400. ETH’s price action has […] дальше »

2020-8-21 19:00


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Russia and China De-dollarization Approaching ‘Breakthrough Moment’

China and Russia are collaborating to reduce their dependence on the U.S. dollar. Trade settlements in USD between the two countries have fallen below 50% for the first time. De-dollarization in Russia and China The dollar’s share of trade between Russia and China was only 46% of settlements in the first quarter, the Financial Times […] The post Russia and China De-dollarization Approaching ‘Breakthrough Moment’ appeared first on Bitcoin News. дальше »

2020-8-21 00:30


Bitcoin Forms Higher Lows as Bulls Defend Against Heavy Selling Pressure

It has been a rocky past few days for Bitcoin and the entire cryptocurrency market After first stabilizing above $12,000 for a multi-day period earlier this week, the crypto recently faced an influx of selling pressure that pushed it back below this level It has now entered what appears to be yet another prolonged consolidation phase in the upper-$11,000 region On a positive note, bulls have been able to establish higher lows, while also guarding […] дальше »

2020-8-21 21:00


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Bitcoin Short Positions Surge to 4 Month High as Bears Grow Aggressive

Bitcoin and the entire crypto market – with a few exceptions – is flashing signs of weakness at the present moment This has come as a result of the sharp decline seen last night, which sent BTC reeling below its key $12,000 support The benchmark crypto is now consolidating between $11,600 and $12,000 This is the same trading range that it was trading in before its recent break above $12,000 Analysts do believe that the […] дальше »

2020-8-20 02:00


Bitcoin is “Fragile” as It Trades Below Multiple Crucial Levels

Bitcoin witnessed an intense influx of selling pressure yesterday that caused its price to reel down towards lows of $11,600 Although it was able to find strong support at these lows, this recent selloff forced it back below the $12,000 region This is a grim sign for its mid-term outlook, as it points to underlying weakness amongst the cryptocurrency’s bulls Analysts are now noting that it does appear to be in a “fragile” position This […] дальше »

2020-8-19 21:00


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This Bearish Divergence Suggests Bitcoin Will Soon See a $1,300+ Pullback

Bitcoin and the aggregated crypto market are currently caught within the throes of a volatile trading session, with BTC plunging below its key $12,000 support level. The break below this crucial support caused it to plunge as low as $11,600, with bulls stepping up and guarding against a decline beneath this level. Analysts are now […] дальше »

2020-8-19 19:00