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Bitcoin Set Another “Lower High” as Analysts Eye a Sub-$9,000 Move
Bitcoin faced a grim rejection at $9,500 earlier this week that has caused its price to flash some notable signs of weakness. This rejection has now caused the crypto to set another “lower high” – further bolstering the bear case and causing BTC to be prone to seeing further near-term downside. One analyst is now […] дальше »
2020-7-11 19:00 | |
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Wall Street “Fear” Indicator Puts Bitcoin Under Extreme Downside Risks
Bitcoin has rallied by more than 150 percent from its mid-March nadir, but its growing exposure to a similarly booming US stock market remains worrisome. The cryptocurrency risks paring a portion of its recent gains as macro analysts warn about a downside move in the S&P 500 ahead. дальше »
2020-7-9 11:53 | |
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Technicals Suggest Bitcoin Likely To Target Fresh Monthly High Above $9,400
Bitcoin traded as high as $9,377 before starting a downside correction against the US Dollar. BTC is currently up holding the $9,200 support and it could continue to rise steadily. Bitcoin is trading in a positive zone above the $9,200 and $9,180 support levels. дальше »
2020-7-8 06:58 | |
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Bitcoin is Coiling Up for a Massive Downside Movement; Here’s Why
Bitcoin is now inching down towards its crucial near-term support at $9,000, with bears placing enough selling pressure on the crypto to jeopardize its consolidation phase BTC has broken below this level on previous occasions, although each journey into the upper-$8,000 area has proven to be short-lived There now appear to be multiple signs suggesting that BTC is preparing to make a massive downside movement This move, should it happen in the near-term, could pierce […] дальше »
2020-7-6 19:00 | |
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XRP Has Been Dropping All of 2020 — and Analysts Still Expect Downside
There was some hope earlier this year that this wasn’t going to be a bearish year for XRP. Ripple Labs, the fintech company that leverages the asset, saw a flurry of positive developments while altcoins as a whole outperformed. дальше »
2020-7-4 13:00 | |
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It’s “Do or Die” for Bitcoin After Being Rejected at a Crucial Technical Level
Bitcoin’s buyers attempted to spark a rally yesterday but were stopped short when it was rejected at $9,300 The crypto has since been trading directly beneath this level, struggling to garner any further buying pressure This resistance coincides closely with a critical technical level that buyers have been struggling to surmount It does appear that the crypto could be positioned to see further downside in the days ahead if buyers fail to break this resistance […] дальше »
2020-7-3 02:00 | |
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Analyst Expects Bitcoin Price to Break Below $8,500; Here’s Why
Bitcoin is maintaining its interim support level near $9,100, but an analyst expects the price to break bearish towards $8,500. The trader forecasted the downside move days after Bitcoin established a second-quarter top near $10,500 on June 1. дальше »
2020-7-1 16:00 | |
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Ethereum's price eyes potential short-term top
Over the past few weeks, Ethereum has undergone several major downside corrections. Along with its peer altcoins, Ethereum too noted a rather flat month, with respect to price action. However, that haThe post Ethereum's price eyes potential short-term top appeared first on AMBCrypto. дальше »
2020-6-30 19:02 | |
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Bitcoin Risks Breaking $9K as JP Morgan Warns $170B Stock Market Sell-off
Bitcoin price risks breaking to the downside as strategists warn of a correction in the U. S. stocks. Analysts at JP Morgan & Chase predicted that pensions funds would most likely dump $170 billion worth of their equity positions at the end of the second quarter. дальше »
2020-7-1 16:13 | |
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Why This Analyst Sees Even More Downside For Bitcoin Price Before Any Real Recovery
We know Bitcoin is flat and trading sideways. Today, BTC had another leg down and rejection dropping to $9,200 on most exchanges, and basically giving away all the gains from June 22. The daily uptrend is still in play until the $9,170 level is lost, the last higher low. Buyers can still turn it around […] дальше »
2020-6-25 01:56 | |
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Bitcoin Hesitates But This Technical Breakout Suggests Gains Above $9,800
Bitcoin started a downside correction from the $9,780 swing high against the US Dollar. BTC found support near $9,600 and it is currently gaining bullish momentum for a fresh rally. Bitcoin is trading nicely above the $9,500 support zone and the 100 hourly simple moving average. дальше »
2020-6-24 06:58 | |
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These 3 Simple Factors Have Caused Traders to Flip Bearish on Bitcoin
Bitcoin could be coiling up to make a massive bear-favoring movement in the days and weeks ahead. This weakness could mark a resolution to the multi-week trading range that it has been caught within, potentially causing investors to see intense losses in the weeks ahead as some analysts set downside targets within the $7,000 region. […] дальше »
2020-6-22 04:00 | |
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Coin swap may increase Bitcoin's privacy, but here's the downside
Bitcoin has come a long way since its inception. While there are concerns regarding Bitcoin having strayed away from its original ideals, in comparison to traditional forms of finance, cryptocurrencieThe post Coin swap may increase Bitcoin's privacy, but here's the downside appeared first on AMBCrypto. дальше »
2020-6-22 20:00 | |
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Bitcoin to Correct Throughout Summer Months as Analysts Eye Major Downside
Bitcoin’s consolidation phase has persisted, with the cryptocurrency continuing to trade sideways as it hovers around $9,360 The cryptocurrency has struggled to garner any notable momentum, showing some signs of weakness as it continues trading around the lower boundary of its range It does appear that it could be poised to see further near-term weakness due to it forming a weak technical structure This could spark a correction that causes it to decline throughout the […] дальше »
2020-6-22 19:00 | |
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As the Stock Market Runs Out Of Steam, Is Bitcoin At Risk Of Seeing Major Downside?
No one likes to think that Bitcoin and the crypto market are related to the global stock market but reality seems to be different. When the pandemic was in full force around March, the entire global stock market plummeted and Bitcoin wasn’t different. дальше »
2020-6-20 23:30 | |
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There’s a 77% Chance Bitcoin Rallies Out of Its Range: Historical Analysis
The biggest question on the minds of Bitcoin investors is if the range the cryptocurrency has been stuck in will break to the upside or downside. For almost two months now, the leading cryptocurrency has traded within a tight $1,000-2,000 range below the crucial $10,500 resistance. дальше »
2020-6-18 13:00 | |
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Litecoin, Tezos, Dash Price Analysis: 17 June
Many downside corrections later, at the time of writing, it seemed that Bitcoin was noting a minor uptick in its price, a development that not only saw the king coin retrace its steps closer to the $9The post Litecoin, Tezos, Dash Price Analysis: 17 June appeared first on AMBCrypto. дальше »
2020-6-17 13:00 | |
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Bitcoin Daily Chart Points A Crucial Breakout Setup With Resistance At $10,000
Bitcoin is trading well above key supports on the daily chart against the US Dollar. BTC seems to be preparing for a crucial bullish breakout above the $10,000 resistance zone. Bitcoin traded as high as $10,390 before it started a minor downside correction. дальше »
2020-6-17 06:58 | |
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Bitcoin Avoids Forming a Death Cross; Instead Confirms Bullish Triangle Pattern
Bitcoin’s sharp decline seen yesterday put it in peril of losing its macro technical strength and seeing even further downside The cryptocurrency has been able to largely invalidate this weakness, as it is now pushing up towards its previous consolidation channel Its strong reaction to its recent lows allowed it to narrowly avoid forming a so-called “death cross” on its cloud indicator It also confirmed the existence of a bull-favoring ascending triangle that could fuel […] дальше »
2020-6-17 02:00 | |
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Ethereum Likely to Dive Towards $200 as Overnight Selloff Rattles Market Structure
Ethereum has decline today alongside Bitcoin and the aggregated crypto market, breaking below a key support level that was previously being defended by buyers It now appears that ETH could be well positioned to see even further downside in the days and weeks ahead One technical indicator is forecasting that it will plunge to $200 before it is able to garner any notable buying pressure This could lead it to break below a key support […] дальше »
2020-6-16 23:00 | |
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Ethereum short-term Price Analysis: 15 June
Disclaimer: This article attempts to determine the price action of Ethereum on the 15th of June. Ethereum dropped by 5.26% over the last 24-hours owing to another downside market correction. DespitThe post Ethereum short-term Price Analysis: 15 June appeared first on AMBCrypto. дальше »
2020-6-16 18:30 | |
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Analyst Targets $8,100 as Bitcoin Dives Below Cruicial Support Level
Bitcoin is on the verge of invalidating a critical bullish technical pattern. The analogy surfaced after the cryptocurrency broke below the pattern’s support level. A prominent analyst sees the latest downside move to extend itself towards Bitcoin’s 200-day moving average. дальше »
2020-6-15 08:01 | |
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Analysts Target a Sub-$200 Move for Ethereum Once it Taps This Crucial Level
Ethereum has been closely tracking Bitcoin’s price action throughout the past several weeks and months The cryptocurrency did recently form an incredibly bearish technical pattern that analysts are still closely watching There’s a strong possibility that the crypto could be positioned to see notable downside in the near-term due to this pattern One analyst is even targeting a movement down to the sub-$200 region This price action could be magnified by a recent surge in […] дальше »
2020-6-15 22:00 | |
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Ethereum’s Surging Open Interest Could Fuel an Explosive Downside Movement
Ethereum has been caught in the throes of an intense multi-week period of consolidation alongside Bitcoin and the aggregated crypto market Analysts do believe that ETH is coiling up to make a large movement as its open interest begins ballooning This OI trend is a sign that the next large move that it makes will be magnified It is possible that this movement will favor sellers due to the strong nature of the resistance that […] дальше »
2020-6-12 23:00 | |
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Ethereum is Coiling Up to Make a Big Movement; Here’s Why it May Favor Bears
Ethereum, like Bitcoin, has been caught within a long-held bout of sideways trading over the past week This consolidation has made it increasingly unclear as to which direction it will trend next It has largely come about as a result of the lackluster price action seen by Bitcoin in recent times Analysts do believe that ETH could be poised to see some notable downside if it is unable to push higher in the days and […] дальше »
2020-6-11 23:00 | |
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Options Traders are Nearly All Long on Bitcoin; What This Means for BTC
Bitcoin’s week-long bout of consolidation appears to be leading options traders to grow increasingly bullish on the cryptocurrency Data shows that options traders are nearly all anticipating BTC to see further upside in the weeks and months ahead There are multiple factors, however, that suggest it is poised to see downside in the near-term These factors include rising funding, a high quantity of underwater long positions, and its multiple failed attempts to break above $10,000 […] дальше »
2020-6-10 02:00 | |
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These Simple Factors Suggest Bitcoin May Soon See a Massive Plunge
Bitcoin has once again extended its long-held bout of sideways trading, as it has now been hovering around $9,700 for the past few days The crypto did decline to lows of $9,400 this weekend, but buyers quickly absorbed the selling pressure that was driving this movement It now appears that there are some factors that suggest a downside movement could be imminent If these factors are enough to shatter a key trendline Bitcoin bulls have […] дальше »
2020-6-9 21:00 | |
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Why An Even Deeper Correction Is Expected For The Crypto Market’s Hottest Altcoin
The crypto asset known as Theta was the hottest altcoin in the space during May, but false rumors of a partnership with Google led to a strong selloff. The downside in the cryptocurrency looks to continue, as two highly accurate sell signals have triggered on weekly timeframes on both the USD and BTC trading pairs.... дальше »
2020-6-8 19:00 | |
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Here’s the Single Factor that Could Trigger a Bitcoin Selloff to $7,600
Bitcoin has entered a firm consolidation phase as it struggles to garner any notable upwards momentum It does appear that the resistance existing within the upper-$9,000 region is insurmountable, with another rejection here potentially proving to be grave There are a few factors that suggest the cryptocurrency is poised to see some notable downside in the days and weeks ahead One such factor is the existence of a CME futures gap at $7,600. This coincides […] дальше »
2020-6-6 02:00 | |
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Waning Demand for Bitcoin Spells Trouble for Where it Goes Next
Bitcoin saw a slight decline overnight that caused it to invalidate some of the strength that was previously guiding it towards $10,000 It now appears that the crypto is positioned to see further downside as its technical outlook degrades Analysts are pointing to waning demand and growing supply as reasons why the benchmark crypto could soon decline lower It is important to note that this decline could lead BTC as low as the $7,000 region […] дальше »
2020-6-6 21:00 | |
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There’s a Crucial $25 Million Bitcoin Buy Wall At $9,500: Downside Limited
June 2nd saw the Bitcoin market take a massive blow after a massive sell-off event. As reported by Bitcoinist, due to what seemed like an influx of sell pressure from a mining pool, the cryptocurrency dove $1,500 in three minutes on BitMEX. дальше »
2020-6-4 13:00 | |
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Crypto Market in Peril of Seeing Major Downside as Bitcoin Strength Wanes
The entire crypto market is currently consolidating as buyers and sellers reach an impasse following yesterday’s movement It now appears that the market could be positioned to see massive near-term downside due to some warning signs being flashed by Bitcoin If the benchmark cryptocurrency does lead the market lower, altcoins could severely underperform it Bitcoin and the entire crypto market have seen some calmness throughout the past day, struggling to garner any directionality in the […] дальше »
2020-6-4 23:00 | |
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Here’s Why Bitcoin’s Outlook Remains Bleak as Long as It Trades Below $10,500
Bitcoin saw a sharp and unexpected rally past $10,000 yesterday that caught sellers off guard This movement allowed the benchmark crypto to rally to highs of $10,400 before it lost its momentum and declined back to the lower five-figure price region The cryptocurrency now appears to be trading at a pivotal point, and analysts are noting that it could still see further downside in the days and weeks ahead There is one level that, if […] дальше »
2020-6-3 21:00 | |
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Ethereum Just Saw Key Technical Breakout: Break Above $250 Seems Likely
Ethereum is trading in a strong uptrend above the $230 pivot zone against the US Dollar. ETH price is likely to continue higher above the $245 and $250 resistance levels. Ethereum started a downside correction from the $250 resistance zone. дальше »
2020-6-1 11:58 | |
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Bitcoin At Risk of Correction at $9.1k as U.S. Futures Hint a Sell-Off
Bitcoin is holding its intraday gains above $9,100 on Thursday. But the cryptocurrency risks downside correction as the U.S. futures hint at a shaky start after New York opening bell Thursday. The unsteadiness surfaced as China approved a proposal for a national security law in Hong Kong, raising possibilities of a new geopolitical conflict with... дальше »
2020-5-28 14:00 | |
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3 Crucial Reasons Why Bitcoin Risks Crashing to Sub-$6,000 Levels
Bitcoin price plunged by nearly 10 percent after failing to sustain above $10,000. The cryptocurrency has covered part of its recent losses, now trading above $9,100. But a confluence of technical and fundamental catalysts are pointing to a deeper downside correction towards sub-$6K levels. дальше »
2020-5-28 10:43 | |
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Bitcoin at Risk of Collapsing to $7,000 as Selling Pressure Ramps Up
Bitcoin has been finding some slight support at $8,800 throughout the past day, but the buying pressure here appears to be quickly degrading The crypto is also on the cusp of breaking below a technical formation that could spark some serious downside If it bears are able to shatter the slight support that has been established at $8,800, the cryptocurrency could then see a sharp move that sends it rapidly reeling down to the $7,000 […] дальше »
2020-5-27 02:00 | |
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Crypto Market Faces Massive Resistance as Traders Expect Altcoins to Dive
The crypto market is flashing some overt signs of weakness as Bitcoin leads most major altcoins lower Although some smaller tokens have been able to escape these losses, the aggregated market recently tapped a major resistance level, opening the gates for major downside This has led traders to widely note that Bitcoin and other major alts like Ethereum could be positioned to see immense losses in the near-term Bitcoin and the aggregated crypto market have […] дальше »
2020-5-27 23:00 | |
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Ethereum’s Macro Bear Structure Strengthens as Analysts Eye a Massive Decline
Ethereum has been able to maintain above $200 despite the recent turbulence seen within the aggregated crypto market This outperformance of Bitcoin has allowed it to gain some strength on its embattled BTC trading pair ETH is still in a precarious position, however, as analysts are noting that its macro bear structure still remains strong Analysts are also widely flipping short on ETH, with some anticipating massive downside Ethereum’s price action has been largely lackluster […] дальше »
2020-5-26 23:00 | |
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Bitcoin at Risk of Seeing Major Downside as Buying Pressure Evaporates
Bitcoin has seen some intense selling pressure today following a bearish resolution to its long-held bout of sideways trading The cryptocurrency is now at risk of seeing further selling pressure as it struggles to defend a key support level Analysts are noting that it may decline as low as $8,500 in the hours and days ahead as it struggles to maintain its multi-week uptrend Bitcoin is now trading right above its key support level at […] дальше »
2020-5-24 19:00 | |
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Bitcoin Price Topside Bias Vulnerable Unless It Surges Past $9,500
Bitcoin started a strong downside correction from the $9,945 high against the US Dollar. BTC tested the $8,800 support area and it is currently correcting higher. Bitcoin is trading above the key $8,800 and $9,000 support levels. дальше »
2020-5-24 07:08 | |
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XRP Could Soon Trap Bulls; Here’s How Low Traders Think It Could Decline
XRP, like most other altcoins, has been caught within a bout of sideways trading throughout the past several days and weeks The cryptocurrency’s rangebound trading may not last long, however, as analysts are now noting that it could be poised to see some major downside in the days and weeks ahead Its next notable decline could be sparked by a bull trapping movement higher Some analysts are even pointing to a fractal that suggests new […] дальше »
2020-5-24 22:00 | |
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Bitcoin Analysts Eye Move to $7,000 Region as Support Begins Dissolving
Bitcoin has faced some mounting downwards pressure today that has led it to its key support within the lower-$9,000 region This downtrend comes after a series of strong rejections at $10,000, and was triggered by news of a 2009 BTC wallet moving crypto around This decline has led the crypto to invalidate a previously bullish technical formation, and analysts are now expecting it to see further downside in the days ahead Bitcoin is rapidly approaching […] дальше »
2020-5-22 02:00 | |
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This Fractal Pattern Puts XRP at Grave Risk of Seeing Massive Downside
XRP has been largely hovering around the $0.20 region in recent times, failing to garner any decisive momentum as the aggregated market stalls The crypto’s lack of growth in recent times has led it to surrender its spot as the third largest digital asset to stablecoin Tether (USDT) One analyst is now pointing to a grim fractal pattern that shows the cryptocurrency could be at grave risk of seeing a massive downside movement in the […] дальше »
2020-5-22 23:00 | |
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Investors Need to “Be Careful” About Bitcoin’s Uptrend Because of These Factors
Bitcoin attempted to push above $10,000 yesterday evening but was once again met with a significant amount of selling pressure that subsequently led it lower The benchmark cryptocurrency is now once again caught within a bout of sideways trading within the mid-$9,000 region Analysts are warning investors against getting too excited about this latest uptrend, as there are a few factors that suggest it could soon see further downside in the days and weeks ahead […] дальше »
2020-5-19 23:00 | |
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Analyst Who Predicted Bitcoin’s 2019 Bottom Asserts That $6,000s Are Likely
After attempting to break decisively past $10,000 for the second time in a week, Bitcoin was rejected, plunging as low as $9,200 for the umpteenth time in a matter of days. BTC’s tepid price action has made some investors cautious that more downside for the flagship cryptocurrency is possible, citing the loss of the key... дальше »
2020-5-17 04:00 | |
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