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Bitcoin is “Refining” This Bullish Range; Could Soon Post a Massive Breakout

Bitcoin is currently in the process of consolidating as bulls and bears battle for control of its near-term outlook Where the cryptocurrency trends in the mid-term will likely depend on whether or not bulls can once again push it above $19,000, as this has been a pivotal level for BTC A sustained bout of trading below here could open the gates for serious losses, but many factors are all working heavily in the cryptocurrency’s favor. […] дальше »

2020-12-9 02:00


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Bitcoin Breaks Below Key Bullish Trendline as Analysts Eye Move to $18,400

Bitcoin has been showing some serious signs of strength throughout the past few days and weeks Bulls have been in full control of the cryptocurrency’s price action, but are starting to lose their edge over bears as the crypto drifts lower Where it trends in the mid-term will depend largely on whether or not buyers can defend against a break below $18,600 One trader is pointing to this as the first key support level it […] дальше »

2020-12-9 21:00


Is The VIX Volatility Index Forecasting A Major Bitcoin Crash?

Bitcoin price is consolidating just below $20,000. As the last confrontation with $10,000 has shown, consolidation below resistance is typically a bullish event. However, with such strong resistance above, the uncertainty surrounding the pandemic, the coming vaccine, and the change of power happening in the United States, there’s a recipe for rejection as well. And […] дальше »

2020-12-8 04:00


Bitcoin Continues Struggling to Set Fresh All-Time Highs: What Analysts are Saying

Bitcoin has been struggling to break above the mid-to-upper $19,000 region throughout the past few days and weeks, with the selling pressure here being significant Until bulls can shatter the resistance region that begins at $19,400, it may continue seeing a prolonged consolidation phase The cryptocurrency’s latest weekly close, however, was incredibly bullish and happened to mark the highest one ever posted by the crypto on many exchanges This could boost its mid-term outlook, but […] дальше »

2020-12-8 02:00


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Bitcoin’s Low-Time Frame Chart is “Getting Interesting” — Here’s Why

Bitcoin has been holding strong above $19,000, which is a positive sign for its short-term outlook The strength seen by the cryptocurrency as of late comes despite it seeing multiple strong rejections at its all-time highs The selling pressure laced throughout the mid-to-upper $19,000 region has been too much for bulls to handle However, buyers have been able to set a series of higher-lows following each rejection here, which is an incredibly bullish sign One […] дальше »

2020-12-7 21:00


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Here’s the Crucial Level Bitcoin Needs to Break Before Analysts Flip Bullish

Bitcoin has been struggling to hold above $19,000 for the past couple of days, with the selling pressure above this price level proving to be significant If sellers continue suppressing the cryptocurrency’s price action and hold it below this level for an extended period of time, it could lead to some serious losses One trader is now noting that Bitcoin could still be on the cusp of seeing further upside in the hours ahead, noting […] дальше »

2020-12-7 19:37


The Many Reasons Why The Dollar Could Soon Put A Damper On Bitcoin Bullishness

Bitcoin has just set a new all-time high, is trading just below $20,000, and is more bullish than its ever been as the digital narrative takes hold during the tail end of the pandemic.   But as the top cryptocurrency is directly opposed to the dollar, it is especially sensitive to extreme movements in the global reserve currency. дальше »

2020-12-5 18:00


Why One Trader is Waiting for $20,000 Before Jumping Back into Bitcoin

Bitcoin’s price is rapidly navigating back up towards its all-time highs. This comes after the crypto faced some immense turbulence throughout the past week Each rejection at roughly $19,800 has had far-reaching implications for the cryptocurrency, but it has been able to set higher-lows This is a bullish sign that suggests the selling pressure at this price level is beginning to degrade Where it trends in the mid-term may depend largely on how strong the […] дальше »

2020-12-4 02:00


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Why This Trader Will Be Bullish as Long as Bitcoin Holds $17,800

Bitcoin has begun to show signs of weakness after a strong drop last week The coin currently trades for $19,000, below the $19,900 year-to-date highs but above the $18,200 local lows Some think Bitcoin remains in a bull trend as long as it holds the $17,800 region One analyst pointed to this region as a level of key technical importance due to the confluence around that region Bitcoin Must Hold the $17,800 Region Bitcoin has […] дальше »

2020-12-3 04:17


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Ten Different Bearish Divergences Stack Against Bitcoin, But Drop Has Yet To Arrive

Bitcoin has been unstoppable from Q2 2020 on, bringing the asset to a new all-time high and restoring interest and bullish momentum in the cryptocurrency market. But as the most dominant crypto asset in the space continues to climb with very few corrections in between, ten of the most widely used technical indicators are now […] дальше »

2020-12-3 23:00