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Bitcoin Likely to See Price Discovery in 2021; Analysts Foresee Local Top

Bitcoin is officially in full parabolic rally mode, with the cryptocurrency’s recent break above $20,000 giving way for it to see a massive rise Its price rallied as high as $23,700 overnight before facing a steep rejection that sent it spiraling down to lows of $22,400 The buying pressure here was intense, and has since allowed it to rally higher It is important to note that although the crypto did face a rejection, it is […] дальше »

2020-12-18 21:00


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Ethereum’s Fundamental Strength is Growing as Key Metric Points to Upside

Ethereum and the entire crypto market are currently consolidating following yesterday’s breakout rally This rally came about following Bitcoin move to its $19,400 resistance, which is a level that it has yet to surmount decisively Until BTC can break above this level, the rest of the crypto market will likely struggle to gain any immense momentum One analytics firm is now noting that Ethereum’s mid-term trend may be boosted by growing underlying strength They note […] дальше »

2020-12-15 23:00


YFI & YFII Might Be Gearing up for Another Breakout

The DFI.Money (YFII) price is consolidating inside a symmetrical triangle, from which a breakout is likely. YFI Gets Rejected On Dec.2, the YFI price reached a high of $31,781. It was the second time over the past two weeks that it had reached a high above $30,000, which is an important resistance area created by … Continued The post YFI & YFII Might Be Gearing up for Another Breakout appeared first on BeInCrypto. дальше »

2020-12-15 19:11


Bitcoin Likely to Slide Back into $17,000 Region as Recovery Fades

Bitcoin and the entire crypto market has been caught within an intense bout of consolidation over the past day, which came about following a sizeable decline This decline sent most tokens reeling lower, with BTC and most altcoins all shedding a serious amount of value Where the market trends in the mid-term should offer some serious insights into whether or not this move is emblematic of any mid-term trend shift For the time being, it […] дальше »

2020-12-10 21:00


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Analyst: $500 Likely Remains a Macro Bottom for Ethereum as Uptrend Falters

Ethereum has been closely tracking the price action seen by Bitcoin and other major altcoins, but it has been able to dodge seeing any intense decline overnight Although it did plunge as low as $530, the cryptocurrency’s support at this level sparked a “V-shaped” recovery that allowed it to surge up towards the upper-$500 region […] дальше »

2020-12-10 02:00


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Bitcoin “Annihilated” Its Key Support During Recent Decline; Here’s Where It Stands

Bitcoin has been facing some intense resistance throughout the past few days and weeks, which has been suppressing its growth and sparking multiple strong rejections The selling pressure found within the mid-to-upper $19,000 region has been quite intense, and may continue stunting its growth in the mid-term One trader believes that any continued near-term weakness will likely cause it to see significantly further downside in the mid-term This is because it is now trading just […] дальше »

2020-12-10 02:00


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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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MicroStrategy Announces Private $400 Million Investment Round to Purchase More Bitcoin

MicroStrategy CEO Michael Saylor, an ex-Bitcoin bear turned bull, has already invested hundreds of millions of dollars of the company’s reserve treasury into Bitcoin. As both Saylor and MicroStrategy see it, Bitcoin is a strong store of value and hedge against inflation that will likely outperform the dollar long-term. дальше »

2020-12-8 15:08


Analyst: Ethereum Likely to Target $780 as Technical Strength Grows

Ethereum has seen some lackluster price action throughout the past few days, which comes as Bitcoin leads the crypto market into a consolidation phase The crypto will likely continue seeing some sideways trading until BTC finds some clear directionality The pivotal level for ETH at the moment appears to be $600, as the selling pressure here has proven to be significant in the past Each break above this level has been short-lived and followed by […] дальше »

2020-12-8 23:00


Bitcoin is Likely to Remain Rangebound Until It Breaks This Key Level

Bitcoin has been caught within an intense consolidation phase throughout the past few days The selling pressure in the mid-$19,000 region is intense, and it remains unclear as to whether it will break above this anytime soon The fact that it has been consolidating above $19,000 is an incredibly positive sign, and forming this into […] дальше »

2020-12-8 19:00


Here are the Crucial Levels to Watch as Bitcoin Climbs Back Above $19,000

Bitcoin is once again trading above $19,000, as this has been a crucial level for the cryptocurrency that bulls have ardently been trying to flip into support It remains unclear as to whether or not it is going to be able to establish any meaningful support at this level The selling pressure here has proven to be significant in the past, and may continue hampering its growth Where the market trends next will still likely […] дальше »

2020-12-5 19:33


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Bitcoin Likely to See Further Downside After Price Fails to Break Key Level

Bitcoin has been facing some immense selling pressure as of late, with the resistance found within the mid-to-upper $19,000 region proving to be too much for bulls to handle Despite seeing another strong rejection here overnight, it is important to note that Bitcoin once again set another higher-high This indicates that the cryptocurrency could be on the cusp of seeing another bid at breaking through the resistance it has been struggling with The support it […] дальше »

2020-12-5 02:00