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Analyst: Bitcoin Likely to Sweep Its Highs as Bears Face Mass Liquidation

Bitcoin has been stable below $19,000 for the past few days, with each visit to this level sparking relatively strong pullbacks Where the crypto trends in the near-term will depend largely on whether or not bulls can take control of its price action and push it past $19,000 The selling pressure here is significant and may continue hampering its growth over the coming few hours and even days Meanwhile, Ethereum and other altcoins have been […] дальше »

2020-11-24 02:00


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Bitcoin’s Network Activity Reaches an All-Time High as Price Rockets Higher

Bitcoin has been caught within the throes of an intense upswing, with buyers maintaining full control of its price action as they move to push it up towards $19,000 The strength of this latest push higher has come about as the entire market rallies in tandem, which is a tell-tale sign that the crypto market is caught in the throes of a full-fledged bull trend Where BTC trends next will likely set the tone for […] дальше »

2020-11-21 02:00


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Analyst: Ethereum Likely to Target $555 as Bulls Shatter Key Level

Ethereum has rocketed past $500, with its ongoing upswing coming about as investors begin pouring capital into altcoins while BTC pushes towards its all-time highs This momentum is showing no signs of slowing down anytime soon Whether or not bulls can close its price above this level during tonight’s daily close will provide some insight into its mid-term outlook This surge has created a tailwind for altcoins, with many posting massive gains as the DeFi […] дальше »

2020-11-21 23:00


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‘People Will Be Surprised At XRP’s Performance In 2021’ – Analyst Asserts

XRP is up 11.67% in the last 24 hours trading at $0.30 and climbing from yesterday’s high of $0.28. After several years of underperformance, investors are now changing their forecast for the 4th largest cryptocurrency by market cap and saying that XRP will have a great year in 2021 and will likely outperform Bitcoin. Bitcoin […] дальше »

2020-11-19 18:53


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Bitcoin OTC Deals on the Rise; Suggesting Large Buyers are Entering the Market

Bitcoin has been flashing signs of immense strength throughout the past few days and weeks, with buyers taking full control of its price action Where it trends in the near-term will likely depend largely on whether or not the crypto can gain a stable footing within the lower-$17,000 region If the selling pressure here proves to be too much for the crypto to handle, it could enter a consolidation phase and trade below this level […] дальше »

2020-11-18 02:00


Trader: Yearn.finance Likely to See One More Dip Before Rocketing Higher

Yearn.finance’s YFI token is trading up significantly today, with bulls aiming at providing the cryptocurrency with a strong foothold within the lower-$20,000 region. Where the aggregated crypto market trends in the near-term will likely depend on Bitcoin and Ethereum, with the strength seen by these two digital assets helping to provide the DeFi sector with […] дальше »

2020-11-18 00:00


Bitcoin Traders Discuss the Likely Short Term Correction Case For BTC Price

The Bitcoin price is hovering above $17,700 after an explosive overnight rally. Albeit the market sentiment is at its peak, some traders anticipate a healthy BTC price pullback might occur. Michael van de Poppe, a full-time trader at the Amsterdam Stock Exchange, said an average 30% correction would mark a healthy pullback for BTC. If […] дальше »

2020-11-18 21:35


Bitcoin’s Wave Count Indicates a Top Is Near

The Bitcoin (BTC) price is likely nearing the top of a five-wave upward move that began on March 13. While the price is likely in the final wave, the price action has not shown any weakness. In this article, waves will be labeled as follows: Cycle Wave – White Wave – Orange Sub-wave – Blue […] The post Bitcoin’s Wave Count Indicates a Top Is Near appeared first on BeInCrypto. дальше »

2020-11-17 23:08


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Ethereum Could Be on the Cusp of Going Parabolic as Analysts Eye Upside

Ethereum has been closely tracking Bitcoin’s price action as of late, which has primarily led it to enter a prolonged consolidation phase The cryptocurrency’s price action has favored altcoins in recent times, as the stability seen by both ETH and BTC has allowed smaller digital assets to post massive gains Where ETH trends in the near-term will likely depend on Bitcoin, but the resurgence in the DeFi trend could give rise to an Ethereum price […] дальше »

2020-11-14 22:00


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Indicator Suggests Bitcoin is Overbought; $13,300 Could be Imminent

Bitcoin is currently struggling to hold above its crucial $16,000 support level as buyers and sellers both fight for control of its near-term price action Where it trends next will likely depend largely on the continued reaction to this level, as a sustained decline below it could strike a serious blow to its technical outlook One trader is noting that one technical indicator is suggesting that Bitcoin is overbought at the present moment The same […] дальше »

2020-11-14 19:25


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Historically Accurate Analyst Expects Bitcoin to Hit $18,000 In Coming Days

Bitcoin has been rallying higher once again after days of consolidation. The cryptocurrency currently trades for $16,100, though traded as high as $16,500 hours ago. A leading analyst says that Bitcoin is trading in the midst of a textbook Elliot Wave pattern that will likely end with BTC peaking at $18,200 in the coming days, then correct toward $15,000. дальше »

2020-11-14 10:00


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Bitcoin Enters “Chop Mode” as Analysts Eye Potential Consolidation Phase

Bitcoin has yet to break above any key resistance levels over the past couple of weeks, with the resistance at $16,000 holding strong The selling pressure here has proven to be significant and has stopped the cryptocurrency’s immense uptrend right in its tracks Where the entire market trends next will likely depend on how Bitcoin trades as it nears this crucial level One prominent trader is stating that he expects Bitcoin to see further chop […] дальше »

2020-11-12 02:00