History Shows That Bitcoin’s Consolidation Phase is Likely to Result in Fireworks

Bitcoin has been caught within a tight trading range between $9,000 and $10,000 for two months now. This trading range is still showing few signs of degrading as buyers continue guarding against a dip below its lower boundary. дальше »

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The Simple Reasons Why Ethereum Could Soon Explode to its $250 Local Highs

Ethereum has been struggling to recapture its long-held position within its trading range between $230 and $250. The token has traded below the lower boundary of this range for the past several days, but bulls are now trying to surmount it. дальше »

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The Grayscale Bitcoin Trust May Be Signaling BTC has Formed a Long-Term Bottom

Bitcoin has been consolidating between $9,000 and $10,000 for the past several days and weeks, struggling to garner any clear trend The crypto has expressed some overt weakness in recent times due to its propensity to trade near the lower boundary of this range Buyers have been ardently defending against a drop below $9,000 One trend seen while looking towards the publicly traded Grayscale Bitcoin Trust seems to indicate that the cryptocurrency could be forming […] дальше »

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Ethereum Entering “New Bull Phase” as Technical Structure Shapes Up

Ethereum is currently on the cusp of breaking back into its long-established trading range between $230 and $250. A recent influx of selling pressure experienced by the cryptocurrency forced its price to break below the lower boundary of this trading range for an extended period of time, with ETH even testing its crucial support at […] дальше »

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Swiss Authorities Amend Existing Laws to Foster Crypto Growth

The National Council, which is the lower house of the Federal Assembly of Switzerland, has unanimously passed a legislative package amending a large chunk of the nation’s existing financial laws in a bid to crush possible legal barriers and enable crypto and blockchain startups to flourish more, according to reports on July 1, 2020. дальше »

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XRP Tanks Compared To Crypto Counterparts Bitcoin And Ethereum, But Why?

XRP spent the last several years as the worst performer in the cryptocurrency market. And even though the altcoin has been beaten and battered, it has recently sunk even lower compared to Bitcoin and Ethereum. дальше »

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Bitcoin Continues Closing Below a Crucial Level, Boosting Bears

Bitcoin has remained caught firmly within its long-held consolidation phase, with both its buyers and sellers being unable to catalyze any sharp momentum in either direction It is important to note that unlike weeks past, BTC is now consolidating just above its crucial support level at $9,000 This seems to be a sign of overt weakness, and could hurt buyers should the crypto begin inching lower Analysts are now noting that Bitcoin has been consecutively […] дальше »

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Bitcoin’s 5% Drop in Value Puts Pressure on BTC Mining Operations and Older ASIC Rigs

During the last seven days, the price of bitcoin has dropped 4. 8% from a high of $9,700 on June 24, to a low of $8,965 on June 27. Since then the price has increased and the price per bitcoin is back above the $9k zone but much lower than before. дальше »

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Crucial Factors to Consider Before Bitcoin Closes Its Monthly Candle

June has been a rather uninteresting month for Bitcoin. The cryptocurrency largely ranged between $9,000 and $10,000, with each break above or below this range being fleeting. One interesting trend seen throughout the past four weeks has been BTC’s propensity to set lower highs, as it has been slowly grinding down to the lower end […] дальше »

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U.S. to Postpone Re-Opening May Take Bitcoin Lower

Bitcoin failed to protect the $9,200 zone on Wednesday and plummeted all the way from $9,600 to $8,900, recording a 12. 7% fall since the month’s peak. The sudden drop in price could be attributed to the bearish performance of the S&P 500, which declined by 9. дальше »

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Why Top Traders Expect Bitcoin to Hit $13,000 Despite Short-Term Weakness

Bitcoin appears to be incredibly weak from a short-term perspective. After breaking below $9,000 for a short period earlier this week, the crypto is once again at risk of breaking below the lower boundary of its long-held trading range. дальше »

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These Three Factors Suggest Bitcoin is Already in a Strong Downtrend

It has been a rough week for Bitcoin. The benchmark crypto rallied to highs of $9,800 just a few short days ago before once again being met with massive selling pressure that caused it to slide lower. дальше »

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Ethereum Struggles to Flip Crucial Trendline as Analysts Eye Move to $120

Ethereum’s price has been sliding lower over the past several days Despite Bitcoin being able to maintain above the lower boundary of its long-held trading range, ETH is now trading firmly below the range it formed over the past several weeks This points to some underlying weakness amongst its buyers which comes as it nears its crucial $220 support level It also just confirmed a “death cross” formation that hasn’t been seen since March. This […] дальше »

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Ethereum Developers Consider New Fee Model as Gas Costs Climb

With EIP 1559, Ethereum developers are proposing a dynamic pricing system to lower the blockchain network's current high gas fees. дальше »

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Ripple Price: XRP/USD downtrend likely to extend beyond current 900 days

XRP/USD’s monthly candle is likely to close lower than current levels and extend its... The post Ripple Price: XRP/USD downtrend likely to extend beyond current 900 days appeared first on Coin Journal. дальше »

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Ethereum is Showing Early Signs of Macro Weakness; What to Watch For

Ethereum has been inching lower after breaking below the support level at the bottom of its long-held trading range This decline has come about despite Bitcoin showing some signs of stability within the lower-$9,000 region ETH is now trading at a crucial support level that buyers are attempting to defend, as a break below it could be dire Analysts are now noting that for the first time in a long time ETH is showing signs […] дальше »

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XRP Has Been Setting Lower Highs For Over 900 Days Now. Where To From Here?

The past couple of years have been quite distressing for XRP holders. After registering a meteoric bull run to $3. 84 in January of 2018, the digital asset succumbed to selling pressure as it plummeted hard with the rest of the cryptocurrencies. дальше »

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XRP set 900 days of lower highs, and its downtrend may just be getting started

It has been a rocky past few years for the price of XRP.

The post XRP set 900 days of lower highs, and its downtrend may just be getting started appeared first on CryptoSlate.

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This Trend Measuring Tool Says Bitcoin Drop Is Only Just Getting Started

After a series of higher lows above the current support level, Bitcoin looked primed for a move higher. However, a recent drop setting a lower low on daily timeframes has potentially started a short-term downtrend. дальше »

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The Simple Reasons Why This Trader is Cautious of Ethereum

Ethereum, like Bitcoin, is currently trading at the lower boundary of its long-established trading range The cryptocurrency does appear to be positioned to see a breakdown below this range, but whether or not this takes place will likely depend on Bitcoin One analyst is now growing increasingly cautious on ETH, explaining that massive spikes in miner outflows for the cryptocurrency signal that a large drop could be imminent This also comes as the China-based PlusToken […] дальше »

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The Last Time This Indicator Emerged, Bitcoin Dropped 50%. It’s Back

Bitcoin has shown some continued signs of weakness today due to its inability to garner any clear upwards momentum It is now hovering within the lower region of its long-held trading range, and it remains unclear as to just how long this support will last for Its latest decline lower has caused it to grow weak from a technical perspective One crucial indicator that has been bullish throughout the past several months just flipped bearish […] дальше »

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History Shows Bitcoin Could Reel To $5,000 Before Next Bull Run Starts

Bitcoin’s long-held bout of sideways trading may soon be coming to an end, as the cryptocurrency is currently flashing signs of overt weakness as it hovers around the lower boundary of its long-held trading range. дальше »

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Ethereum Just Shattered a Crucial Resistance; Is the Bull Run Beginning?

Ethereum’s price has been teetering just above its crucial support that exists at the lower boundary of its long-established trading range. This does appear to be an overt sign of technical weakness, although there are several reasons why some analysts still remain bullish on the cryptocurrency. дальше »

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Bitcoin Creates Another Bullish Hammer Above Crucial Moving Average

On June 25, the Bitcoin price continued its descent from the day prior, dropping to a low of $9,009. However, the lower prices were quickly bought up, and the price closed at $9,249, creating a long lower wick and a hammer candlestick. дальше »

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Bitcoin S2F Creator: Whales Didn’t Crash Price in March 2020

Whale manipulation did not crash the price in March 2020, asserts Stock-to-Flow creator PlanB. The analyst claimed that the cryptocurrency’s growing correlation with the U. S. benchmark S&P 500 led it lower. дальше »

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Ethereum Overtakes Bitcoin Cash in Price

Ethereum has for the first time since December 2018 risen in price above Bitcoin Cash (BCH) which has far lower supply at about 18 million coins to eth’s 111 million.... The post Ethereum Overtakes Bitcoin Cash in Price appeared first on Trustnodes. дальше »

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XRP Prints a Macro Bull Signal: A Top Analyst Says It’s Still Poised to Crash

XRP has not fared as well as Bitcoin, Ethereum, and other top cryptocurrencies have over the past few weeks. As the market leaders have stalled, trading in tight ranges, XRP has slid lower and lower. дальше »

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Will Ethereum’s “New Market Cycle” be Enough to Stop it From Plunging Lower?

Ethereum has seen a distinct divergence between its fundamental utility and its price action Despite seeing unprecedented usage rates, the cryptocurrency’s price action has been closely correlated to that of Bitcoin and the aggregated crypto market One prominent investor is now noting that ETH appears to be entering a new market cycle This comes as the explosively popular DeFi trend continues gaining major traction From a technical perspective, some analysts do believe that it may […] дальше »

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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 »

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These 3 Pivotal Signs Show Bitcoin Is Bearish as “Massive” Move Nears

The most pressing question Bitcoin investors have faced over the past few weeks is if the current consolidation will break higher or lower. The expectation that BTC will move lower from the current range recently gained strength with an analyst drawing attention to three technical signs. дальше »

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Ethereum Miners Vote to Make Themselves a bit Richer

Ethereum miners are voting to increase the network’s gas limit from 10 million to 12.5 million per block. The move could lower transaction fees on the network, but it also... The post Ethereum Miners Vote to Make Themselves a bit Richer appeared first on Crypto Briefing. дальше »

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Analyst: Bitcoin Could Continue Flatlining as it Gears Up for Explosive Volatility

Bitcoin’s unrelenting trading range has offered investors few insights into its near-term trend This range has persisted since the start of May, and isn’t showing no signs of letting up anytime soon Overnight sellers did attempt to shatter the lower boundary of this trading range, although this was quickly reversed by ardent buyers who have since pushed it back to $9,400 It now appears that this consolidation trend could extend even further The resolution to […] дальше »

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Market Wrap: Bitcoin Spot Volumes Are Weak While Options and DeFi Strengthen

Lower bitcoin spot volumes and flatter-than-usual price action doesn’t mean crypto traders have zero opportunities to capitalize. дальше »

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Here’s the Critical Price Level That May Kick Off Ethereum’s Next Bear Trend

Ethereum investors have gained little insight into the cryptocurrency’s trend over the past few weeks Despite being stuck within a wide trading range, it is important to note that ETH has been hovering just above the lower boundary of this range over the past few days This has marked an underperformance of Bitcoin and many of its other peers, but an overnight dip below this level was quickly absorbed by buyers Analysts are still forecasting […] дальше »

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BitMEX and Binance show which traders they prefer

Bitcoin, with low volatility, doesn't seem like Bitcoin, does it? The sentiment of the cryptocurrency market, it would seem, is lower when its most dominant coin is stable, than when it has just dumpeThe post BitMEX and Binance show which traders they prefer appeared first on AMBCrypto. дальше »

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ETH Price $232, Vitalik Buterin Says Ethereum’s Supply Is 40M Lower Than Originally Expected

Coinspeaker ETH Price $232, Vitalik Buterin Says Ethereum’s Supply Is 40M Lower Than Originally ExpectedThe prediction cited by Buterin was anticipating a supply of 150. 8 million Ethereum five years out. дальше »

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Bitcoin Accurately Mirroring Fractal That Sent Its Price to $14K in 2019

Bitcoin is consolidating sideways in a $1,500-wide trading range since the beginning of May 2020. While observers anticipate the cryptocurrency to head lower, a fractal from 2019 shows a different picture. дальше »

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Impending Bitcoin Breakout Could Take Price Back Over $10,000

The Bitcoin price experienced a relatively volatile trading day on June 17, initially decreasing considerably to reach a low of $9,236. However, the lower prices were bought up, creating a long lower-wick in the process. дальше »

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Bitcoin Glued on $10.5K Retest as Retail Interest Hits Record High

Bitcoin slipped on Wednesday in a choppy trading session that also saw the U. S. stocks heading lower. The cryptocurrency swung above and below $9,500 while briefly crashing to as low as $9,227 on Coinbase exchange. дальше »

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This Bullish Continuation Pattern Suggests Bitcoin Is Gearing For Another Lift-Off

Bitcoin climbed higher above $9,500, but it struggled to clear $9,600 against the US Dollar. BTC is now correcting gains and it seems like there is a bullish flag forming with resistance at $9,450. дальше »

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Bitcoin Could Teleport Straight to $8,000; Here’s What Traders are Saying

Bitcoin’s consolidation phase has shown no signs of letting up anytime soon, as it has been hovering around $9,400 ever since it was able to rebound from its recent lows of $8,900. It is important to keep in mind that the cryptocurrency has been forming lower highs over the past several weeks. First it posted […] дальше »

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This Silver Fractal Suggests Bitcoin Could Soon See a Parabolic Rally

Bitcoin’s well-established consolidation trend is showing no signs of ending anytime soon, as the crypto is still hovering within the mid-$9,000 region Each attempt to break above or below the upper and lower boundaries of its current trading range have been unsuccessful There is, however, one fractal pattern that bodes well for the crypto’s bulls One analyst is pointing to similarities between previous silver price action and Bitcoin for insights into where the benchmark digital […] дальше »

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Bitcoin Confirms Bullish Wedge Fractal, Making $10,500 a Real Possibility

Bitcoin has slipped by more than 9 percent from its quarter-to-date top near $10,428. The move downhill has initiated a short-term downtrend with eyes towards $8,600. Nevertheless, the cryptocurrency is leaving behind a trail of lower highs and lower lows, forming a bullish wedge. дальше »

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Why It’s “Increasingly Unlikely” Bitcoin Crashes Under $7,000: Analyst Explains

As Bitcoin has stalled in the $8,000s and $9,000s over recent weeks, certain analysts have begun to expect a strong move lower. One top trader went as far as to say that BTC could see a 40% drop in the coming months. дальше »

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When Bitcoin Flashed This Signal in 2015, It Rallied 4,000%. It’s Back Again

With Bitcoin failing to break past the highs it established earlier this year, there have been some commentators seriously considering a steep correction. Ross Ulbricht, the founder of the Silk Road and one of the cryptocurrency’s earliest adopters, postulated that there’s a serious chance Bitcoin could revisit the $3,000s and maybe even lower. Ulbricht cited […] дальше »

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XRP Price Is 86 Percent Lower Compared to Its Cost Basis: Crypto Analyst

XRP holders are doing really, really bad, according to Messari data дальше »

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Bitcoin Records Biggest Network Difficulty Adjustment of 15% Since January 2018

Today, Bitcoin recorded its biggest upward adjustment of +15% since January 2018. The last two adjustments were lower by -9.29% and -6%, after the halving, as per Coinwarz. After the halving on May 11th, the hash rate dropped more than 40% and the time to find new blocks jumped to 14 minutes which caused the […] дальше »

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Bitcoin Hammer Gives Hope to Bulls

The Bitcoin price began the day of July 15 by decreasing considerably, reaching a low of $8,910. However, the lower prices could not be sustained and BTC increased to reach a close of $9,247, creating a bullish hammer in the process. дальше »

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Bitcoin struggles to hold ascending triangle pattern

Bitcoin is trading lower after dipping below a critical level, with extended losses potentially... The post Bitcoin struggles to hold ascending triangle pattern appeared first on Coin Journal. дальше »

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Bitcoin short-term price analysis: June 14

Although bullish on a longer time frame, bitcoin has shown bearishness on the lower time frame on multiple occasions. As it has been hovering in the $9,000 range for more than a month, the price looksThe post Bitcoin short-term price analysis: June 14 appeared first on AMBCrypto. дальше »

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