After Breaking Out, Stellar (XLM) Fails to Sustain Higher Prices

At the beginning of July, the Stellar (XLM) price broke out from a long-term resistance area. However, the price could not sustain the rally and has since fallen back below the breakout level. Unless XLM can successfully reclaim this level, it’s outlook remains bearish. дальше »

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XRP Breaks Right Through Long-Term Resistance

On July 28, the XRP (XRP) price broke out from a long-term resistance area that had previously been in place since March 2019. As long as the price is trading above this level, the trend is bullish, with XRP likely to move towards the next resistance area outlined below. дальше »

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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 »

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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 »

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Technicals Suggest Bitcoin Could Correct To $10,700 Before Fresh Increase

Bitcoin is struggling to gain momentum above the $11,200 level against the US Dollar. BTC is currently correcting lower and it could test $10,700 before a fresh increase. Bitcoin is showing signs of a downside correction below the $11,200 level. дальше »

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Litecoin Could Follow In Ethereum’s Footsteps With a Sharp Increase

On July 25, the Litecoin (LTC) price broke out from a descending resistance line and has been increasing at an accelerated rate since. This is a sign that the price has begun a bullish trend and could continue increasing towards the resistance areas outlined below. дальше »

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Crypto Market is ‘Extremely Greedy’ for the First Time in 2020

Before bitcoin started up-trending last week, its volatility fell below 25%, a level rarely seen in BTC’s history, which had the market expecting a big move. Coin Metrics notes, “Prolonged periods of low levels of volatility encourage market participants to take on greater position sizes, engage in increased leverage, set tighter stops, and reduce the […] дальше »

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JP Morgan’s Latest Gold Warning Puts Bitcoin At Risk of Dipping Below $10K

Bitcoin retreated by more than 2. 5 percent in the early London trading session on profit-taking sentiment. The plunge almost mirrored a similar downside move in spot gold as the precious metal corrected lower shortly after coming at a striking distance of $2,000 an ounce. дальше »

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Ethereum Correcting Gains But 100 SMA Could Trigger Fresh Increase

Ethereum started a downside correction from the $335 swing high against the US Dollar. ETH price is currently approaching a major support zone near $305 and the 100 hourly SMA. Ethereum is losing bullish momentum and it is now trading below $320. дальше »

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TD9 and Exchange Inflows: Reasons for Caution as Bitcoin Hits $10,440

The price of Bitcoin hit $10,463 on BitMEX, slightly below the June peak. But the TD9 and exchange inflows suggest a BTC pullback is very much possible. дальше »

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Hedgeye CEO: Bitcoin Soars as US Government Burns Credibility of USD at the Stake

Hedgeye?s Keith McCullough reveals the reason for BTC surge above the $10,000 level; Charlie Shrem wonders when BTC will be below $10,000 for the last time дальше »

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Analysts Explain Why Bitcoin Price Risks Falling Below $10K

Bitcoin jumped above the $10,000-level on Sunday for the first time in almost two months. The rally appeared as falling yields on US bonds lifted demand for safe-haven assets. Nevertheless, some analysts, including gold bull Peter Schiff, expect Bitcoin to correct below $10,000 in the coming sessions. дальше »

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Bitcoin Looks Beyond $10.5K as Global Bond Yields Collapse Below 1%

Bitcoin eyes a close above $10,500 as investors hunt for better profits in precarious markets. The analogy appears as a little over 60 percent of the global bond market now yields less than 1 percent. дальше »

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Why Analysts Think It’s Time To Go Long On Bitcoin

The secret to breaking bitcoin’s sideways price movement is to call it a stablecoin, the crypto community has learned. The community is currently buzzing with activity and excitement, as bitcoin broke out from its below $9200 resistance to reach $9500 and is currently trading green at a little below $9600. With much speculation and analysis […] дальше »

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Why Traders Don’t Think Chainlink (LINK) Will Set Fresh Highs Anytime Soon

Following the parabolic rally that Chainlink saw just a couple of weeks ago, the cryptocurrency has been struggling to garner any significant momentum. Its price has remained stagnant, mostly trading below $8. дальше »

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Bitcoin Analyst Warns of “Insane Shakeout” as Price Breaks Below $9.6K

Bitcoin rallied above $9,600 during the afternoon hours of the New York session Thursday. But it corrected lower on profit-taking sentiment among daytraders. Market analyst Ryan Scott warned that Bitcoin could undergo an “insane shakeout wick. дальше »

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Cryptocurrency News Roundup for July 23, 2020

After trading sideways for weeks below the stubborn resistance at $250, the Ether (ETH) price finally saw some action early on Thursday (UTC). Since then, the ETH/USD pair has climbed all the way north of $275, which also happens to be its highest in about five months. дальше »

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Experts’ Take On What Comes Next After Bitcoin Speedily Soars To $9,500

The bitcoin price movement for the month of July has birthed plenty of bearish narratives and going forward, the leading cryptocurrency will need to outperform to at least stay afloat and remain above the $9000 mark or Bitcoin could suffer a severe dip below the $8,000 mark, at which point the bulls will need to […] дальше »

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South Korea to Charge 20% Tax on Bitcoin Profits Under New Law

South Korea will now tax profits made from buying and selling of cryptocurrency at 20% after the government agreed to the decision on Wednesday. The decision was reached after months of debate. According to a taxation policy amendment notice released July 22, the Ministry of Economy and Finance said income from digital assets below 2. дальше »

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Why Bitcoin Falling Below This Price Could Signal “Real Weakness”

Bitcoin has once again flatlined after rallying to $9,400. The cryptocurrency remains stagnant despite large movements in the stock and precious metals market. Analysts say the cryptocurrency must maintain $8,800 moving forward. дальше »

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Fed Nominee Judy Shelton is Pro-Crypto & Could Push Bitcoin Past $10,000

Yesterday, after a long time, Bitcoin finally made some moves at a time when everything from stocks, gold, and silver is surging to new highs. However, we are still stuck below $9,500, and $10,000 is still not a reality. дальше »

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As Silver Smashes 6-Year High, Peter Schiff Calls It The “New Bitcoin”

While bitcoin is yet to fully break out and is trading circa 50% below its all-time high of $20,000, silver has rocketed to a record high. Euro Pacific chief Peter Schiff who has always drawn comparisons between bitcoin and his beloved yellow metal, gold, took to Twitter today to mock the top crypto over its […] дальше »

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Top Three Under $10 Coins Emerging as Top Assets In The Crypto Market

Bitcoin, Ethereum, Bitcoin Cash among others have set a high investment standard with high prices which have rewarded early adopters with new enthusiasts failing to catch up. However, there are a number of altcoins with equal potentials of becoming the industry top assets and still currently below $10. дальше »

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Ethereum Long-Term Price Analysis: 21 July

Disclaimer: The following price prediction should materialize in the next 7-days or less. Ethereum's sideways movement below the upper resistance of $250 and consistent movement above and below $23The post Ethereum Long-Term Price Analysis: 21 July appeared first on AMBCrypto. дальше »

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Binance CEO CZ On What It Will Take For Bitcoin To Cross The $10,000 Threshold

Bitcoin’s resistance below $10,000 is increasingly frustrating a lot of experts, traders and speculators. In the latest list of factors that will help BTC break its months’ long resistance, Binance CEO CZ thinks that given the current global financial situation, Bitcoin only needs time. дальше »

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When Will Bitcoin Finish this Consolidation Phase?

On July 15, the Bitcoin (BTC) price fell below an important moving average (MA) and $9,250 level, which has previously acted as both support and resistance. The price managed to slow the bleeding and even made another attempt at moving upwards. дальше »

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There’s “Lots of Open Air” for Bitcoin Down to $7k if This Level is Lost

Bitcoin risks a drop to the low-$7,000s as the price prepares to fall below a crucial support level as defined by the Ichimoku Cloud. Multiple analysts corroborate the sentiment that the leading crypto asset will fall towards that region in the third quarter of 2020. дальше »

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Bitcoin Can “Move Faster” Than Tesla If It Breaks This Key Level: Trader

Unlike Bitcoin, the stock of Tesla (TSLA) has been on a tear over recent weeks and months. Just look at the chart below, which shows that the shares of the world-famous car company have gone parabolic. дальше »

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Analyst: Bitcoin Looks Exactly As It did Prior to 2017’s 2,000% Rally

Multiple analyses have shown that Bitcoin looks primed to see a macro rally despite the ongoing uncertainty and lack of volatility. Related Reading: BTC Just Confirmed a Signal That Preceded Historical 5,000% Rallies Bitcoin Looks Extremely Similar to the Start of Previous Macro Rallies According to a cryptocurrency trader, the simple chart below explains why he […] дальше »

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Is Dogecoin Really a Valid Currency? Elon Musk Asks Bitcoin Twitter

Elon Musk has trolled the Bitcoin and wider crypto community once again: The Tesla and SpaceX chief executive just mentioned Dogecoin (DOGE) for the second day in a row on July 18th.  Elon Musk Mentions Dogecoin… Again Minutes ago as of this article’s writing, Musk sent out the tweet seen below. Attaching a picture of […] дальше »

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These 4 Signs Suggest Bitcoin Is on the Verge of a Massive Move Higher

Bitcoin has continued to flatline for the umpteenth week in a row. As of this article’s writing, the leading cryptocurrency trades just a few basis points below $9,200. Despite the unpredictability of this market, a cryptocurrency trader remains certain that a move higher is likely. дальше »

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Bitcoin Cash, Tezos, Dash Price Analysis: 18 July

Despite Bitcoin's price being stuck well below $9500 mark, altcoins seem to be registering quite a lot of varied price action. While Bitcoin Cash and Dash saw a minor drop in their trading price in thThe post Bitcoin Cash, Tezos, Dash Price Analysis: 18 July appeared first on AMBCrypto. дальше »

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The Bitcoin Dominance Rate (BTCD) Approaches Crucial Support

The Bitcoin dominance rate (BTCD) is approaching a crucial support area, a breakdown below which could trigger a rapid downward move. The rate should initiate a short-term bounce before resuming its downward momentum. дальше »

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Prominent Investment Strategist Gives 3 Reasons to Buy Bitcoin

Despite Bitcoin’s strong bounce from the March lows of $3,700, some remain decisively bearish on the leading cryptocurrency. Take Peter Schiff, for instance. The prominent gold bull and cryptocurrency skeptic recently wrote that he thinks the asset will soon break below $9,000, arguing that Bitcoin remains in the midst of a brutal bear market. дальше »

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Ethereum Showing Early Signs of Strong Decline, But $230 Is The Key

Ethereum is retreating lower from the $245 resistance against the US Dollar. ETH is now showing bearish signs below $235, but the $230 support holds the key in the near term. Ethereum is currently facing an increase in selling pressure below $240 and $235. дальше »

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This Technical Structure Signals Bitcoin is Coiling Up for a Major Downside Break

Bitcoin does not appear to be in a good position at the present moment Bears are currently attempting to push it below its long-held support at $9,000 This comes just a week after the crypto posted two consecutive rejections at $9,400 Its inability to push higher coupled with mounting selling pressure suggests downside could be imminent Analysts concur with this notion, with one pointing to a technical structure as a reason why he is anticipating […] дальше »

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Has Ethereum (ETH) Reached a Top?

The Ethereum price has broken down from a rising support line. After briefly validating this line as resistance, the price has resumed its downward momentum. The ETH/BTC pair attempted a breakout above a crucial resistance area, but could not sustain the higher prices and has fallen back below this level. дальше »

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Here’s Why Ethereum Breaking Below $225 Could End “Altseason”

Ethereum has seen some notable losses that have sent it down to the lower boundary of its trading range The crypto is now flashing some overt signs of weakness This is rooted in the lack of strength seen by both Bitcoin and most other major digital assets Analysts are now noting that $225 is a crucial level for ETH One trader is even noting that it is arguably the “biggest level” in the crypto’s history […] дальше »

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Bitcoin's price could 'inhibit internal cash generation'

For the industry's Bitcoin miners, 2020 hasn't turned out to be the year they had hoped for. With the mining reward cut in half and the price still stuck well below $10k, a rise in price for the king The post Bitcoin's price could 'inhibit internal cash generation' appeared first on AMBCrypto. дальше »

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Bitcoin Price Likely to Plunge Below $7,000 Before Spiking to $20,000: Trader Josh Rager

Prominent crypto trader Josh Rager assumes that before Bitcoin soars towards the dear $20,000 ATH, it is going to plunge below the current compression level дальше »

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Bitcoin Price Below $9,100 Today, BTC Cannot Escape Downtrend

Coinspeaker Bitcoin Price Below $9,100 Today, BTC Cannot Escape DowntrendOn Thursday, July 16th, the quotations of the BTC renew local lows after another failure to overcome the resistance line of the descending channel. дальше »

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Ethereum price update: bears wobble below $240

Ethereum has sank to $234, following on from Bitcoin’s decline to $9,150 Ethereum continues...

The post Ethereum price update: bears wobble below $240 appeared first on Coin Journal.

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Bitcoin Reaches Daily Close Below Important Support Area

On July 15, the Bitcoin (BTC) price reached a daily close below the $9,250 support and the 50-day MA, both of which had been providing support up to this point. This is a bearish sign that indicates the price will likely head lower. дальше »

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Fund Manager: Bitcoin Must Hold $8,800 or Risk “Cancelling” Rally to $20k

Just minutes ago as of this article’s writing, Bitcoin and Ethereum have begun to break down from the lows of their consolidations over the past few days. For ETH, that meant the asset fell below $238-240. дальше »

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Bitcoin Exchange Inflows Spike as Analyst Expects Pullback to $8.8K

Traders return coins to exchanges as Bitcoin moves lower, with CryptoQuant expecting a “small” retracement below $9,000.

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Bitcoin [BTC] Price Analysis: Consolidation is coming to an end.

In the last one week, Bitcoin [BTC] price has stayed in a $250 range with no signs of a bullish or bearish confirmation. Even the hysteria brought on by the Twitter hack was unable to cause a flash crash below $9150. дальше »

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Bitcoin Is “Teetering” as Price Prepares to Move Below Crucial Support

This may sound like a broken but Bitcoin has once again flatlined in the low-$9,000s. For the past two to three weeks, the leading cryptocurrency has traded within a few percentage points of $9,200 on both sides. дальше »

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How Can You Not Be Bullish on Bitcoin? Analyst Asks Due to New Data

Despite positive fundamental trends, not all involved in the cryptocurrency industry are bullish on Bitcoin. Take the example of Peter Schiff, the CEO of Euro Pacific Capital, who recently said that BTC is likely to fall below $9,000. дальше »

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Bitcoin Creates Bullish Hammer Above Crucial Moving Average

The Bitcoin (BTC) price is trading slightly above an important moving average (MA), but slightly below a crucial support area found at $9,250. Today is the seventh day that the price has been hovering around this level. дальше »

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Survey: 60% of Bitcoin Investors Will Die With Their BTC If Price Stays Below $10,000

About 60% of bitcoin investors are willing to hold their coins until they die if the price fails to breach the key $10,000 level. Now that’s according to a Twitter poll by Peter Schiff. The gold-bug asked bitcoin ‘hodlers’: “How much longer does the price of #Bitcoin have to stay below $10,000 before you will […] The post Survey: 60% of Bitcoin Investors Will Die With Their BTC If Price Stays Below $10,000 appeared first on Bitcoin News. дальше »

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