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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


Altcoins Could Face Capitulatory Decline as Crypto Market Hits Key Resistance

The aggregated cryptocurrency market has been struggling to spark a macro uptrend due to Bitcoin’s inability to break above $10,000 This has led it to form some heavy resistance just above its current market cap – with this level potentially being insurmountable in the near-term Analysts are also pointing to altcoins severe underperformance of Bitcoin in recent times, which could suggest that this potentially imminent market-wide decline will be brutal for smaller cryptocurrencies Bitcoin and […] дальше »

2020-5-31 22:00


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Bitcoin’s Funding is Flashing a Warning Sign After Rejection at Key Resistance

Bitcoin faced a grim rejection within the upper-$9,000 region yesterday that caused it to erase most of the gains that came about as its latest push higher The subsequent decline that BTC faced has led it into a key support region, which some analysts believe will lead it to see further near-term upside It is important to note that the cryptocurrency’s funding rates, however, seem to suggest that the tides are turning back into seller’s […] дальше »

2020-5-30 02:00


Ethereum Posts Breakout Rally as Analysts Set Upside Targets at $290

Ethereum has been able to incur some notable upwards momentum throughout the past day. This has come about after weeks of it severely underperforming both Bitcoin and the aggregated crypto market. It now appears that the cryptocurrency could be positioned to see even further gains in the near-term, as this latest movement has provided its... дальше »

2020-5-30 00:00


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Bitcoin Flashes Major Signs of Strength as Analysts Target $10,000

Bitcoin saw a notable overnight upswing that allowed it to firmly gain a position within the mid-$9,000 region This movement caught some bears off guard, and marked an extension of the momentum that it first incurred when it bounced from $8,800 yesterday It now appears that BTC is primed to rally even higher in the near-term, with some analysts targeting a move to $10,000 as the crypto flashes signs of strength Bitcoin is currently caught […] дальше »

2020-5-29 21:00


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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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Bitcoin’s Break Below a Key Level has Opened the Gates for a Move to $5,900

Following an extended bout of sideways trading within the $9,000 region, Bitcoin has now firmly broke below this range as it trades around $8,800 Although the crypto has ardently defended its near-term support, its technical outlook does appear to be rapidly degrading Some analysts are even noting that its latest breakdown has opened the gates for it to see a movement that leads it as low as $5,900 in the weeks and months ahead Bitcoin […] дальше »

2020-5-26 02:00


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Bitcoin Exchange Balances are Down $3 Billion from Mid-March; What This Could Mean

Bitcoin has entered a firm bout of sideways trading as it struggles to garner any notable near-term momentum This comes shortly after its latest rejection at $9,900, which confirmed that the heavy resistance around $10,000 may prove to be insurmountable This short-term volatility doesn’t seem to be phasing investors, as data shows that exchanges have seen a balance decline of $3 billion worth of BTC since March 12th Bitcoin and the aggregated cryptocurrency market have […] дальше »

2020-5-17 19:00


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Analysts Flip Short on Ethereum as Likelihood of a Sharp Decline Grows

Ethereum has begun finding immense stability within the $190 region following its recent dip to lows of $180 seen yesterday The cryptocurrency has been flashing some immense signs of weakness against its BTC trading pair throughout the past few weeks Multiple analysts are now noting that they anticipate ETH to decline further in the days and weeks ahead, potentially seeing losses that send it as low as $150 in the near-term Ethereum has seen a […] дальше »

2020-5-13 23:00


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Ethereum Narrowly Avoids a Bloodbath as Bulls Struggle to Defend Critical Support

Ethereum saw a sharp overnight selloff that caused it to briefly dip into the sub-$200 level, putting it at grave risk of seeing a capitulatory decline Buyers were able to guard against this, however, and subsequently propelled the cryptocurrency back into the $200 region It now appears that ETH could still be at risk of seeing significant near-term downside, however, as a failure for it to surmount a resistance level it is currently stuck below […] дальше »

2020-5-8 23:00


Ethereum Could Narrowly Avoid a Major Downtrend if it Closes Above One Key Level

Ethereum has been able to capture some notable upwards momentum today, surging towards its key near-term resistance at $210 as the aggregated crypto market pushes higher. This has allowed the crypto to narrowly avoid seeing massive losses stemming from a previously bearish market structure that it had formed. ETH isn’t completely out of the woods... дальше »

2020-5-7 02:00


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Here’s the Simple Reason Bitcoin May Not Set Six-Figure Highs Anytime Soon

There have been a plethora of lofty predictions circulating throughout the crypto industry regarding just how high Bitcoin could rally in the years ahead Although many investors are calling for a six-figure BTC in the near-term, one analyst is noting that the daily volume required to push the crypto into this region would be too significant The lack of organic money flowing into the market is another major factor that could stop these predictions from […] дальше »

2020-5-5 02:00


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Ethereum Taps a “Structure Defining” Level as Traders Foresee Major Downside

Ethereum’s recent decline has led it down to $200 as it continues underperforming both Bitcoin and many of its other peers Analysts are now noting that the crypto is trading at a “structure defining” level Its technical weakness may be enough to define its market structure as being bearish, thus catalyzing further near-term losses Ethereum has continued underperforming the aggregated cryptocurrency market as it drifts down to its key support at $200, leading analysts and […] дальше »

2020-5-5 23:00


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Ethereum Forms Grim “Triple Top” Formation as 92% of Traders Go Long

Ethereum has pushed higher despite Bitcoin’s stability, leading bulls to retest its key near-term resistance The cryptocurrency is on the cusp of forming a highly bearish technical formation that could be confirmed if it posts another harsh rejection at its current price level This comes as 92% of traders on Bitfinex go long on ETH, signaling that a long squeeze may be imminent Although Bitcoin has continued extending its bout of rangebound trading within the […] дальше »

2020-4-29 23:00


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2 Reasons Tezos Risks a Chilling Correction Despite Bitcoin’s 6% Upsurge

Tezos has further extended the insane uptrend that was first incurred early yesterday, and the crypto is flashing overt signs of strength This uptrend is quickly leading XTZ up to its next major high-time-frame resistance – a level that could pose a serious to challenge to bulls If this resistance holds strong or Bitcoin begins losing its momentum, the crypto could be in for a serious near-term correction Tezos has been one of the strongest […] дальше »

2020-4-26 23:00


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Bitcoin Enters Multi-Year Trading Range as Mixed Signals Flash

Bitcoin has stabilized above $6,800 after its recent dip below $7,000 It has now entered what appears to be a historic trading range that has been developed over many years Analysts are noting that the crypto is now sending mixed signals with regards to where it might trend next In the time following Bitcoin’s intense decline below $7,000 yesterday, the benchmark cryptocurrency has since been able to stabilize above its near-term support at $6,800. It […] дальше »

2020-4-22 21:00


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Bitcoin Poised For A Vicious Sell-Off In Near-Term, Crypto-Friendly US Congress Candidate Says

As the coronavirus pandemic rages on, the global economy hangs in a very precarious position. Bitcoin has gained circa 1.5% over the last 24 hours to trade at around $6,476. David Gokhshtein, a pro-crypto Republican candidate to the US House for New York’s 1st Congressional District in the upcoming elections has warned that bitcoin could […] дальше »

2020-4-1 18:49


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Here’s Why Ethereum Could Realistically Rally to $800 in the Near-Term

Ethereum has been subjected to intense volatility over the past several days, which has primarily been rooted in the close correlation to Bitcoin’s price action that it has formed in recent times. This volatility has primarily favored sellers, but it is important to note that it has not been enough to invalidate the bullish market structure it has formed throughout the course of its parabolic uptrend seen throughout the past several weeks. One top analyst is now laying out the […] дальше »

2020-2-20 20:59


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Bitcoin could soon revisit 2020 highs as mid-term bottom forms says analyst

Bitcoin has been caught within a relatively tight trading range over the past week, with BTC oscillating between weekly lows of $8,200 and highs of just under $8,800. The lack of decisive momentum has led some analysts to note that the cryptocurrency’s bullish market structure could be at risk of being invalidated in the near-term, […] The post Bitcoin could soon revisit 2020 highs as mid-term bottom forms says analyst appeared first on CryptoSlate. дальше »

2020-1-27 00:16


Analyst: this dire technical formation may spell doom for Bitcoin’s near-term price action

The 2020 Bitcoin rally was fun while it lasted, but the cryptocurrency recently formed a much-dreaded technical formation that may signal that BTC will see further near-term downside. This technical formation – which is accurately described by analysts as a “death cross” – comes about after an asset’s 50-day moving average crosses beneath its 200-day […] The post Analyst: this dire technical formation may spell doom for Bitcoin’s near-term price action appeared first on CryptoSlate. дальше »

2020-1-24 22:19


Gigantic Ethereum Buy Wall May Be Enough to Spark a Parabolic Rally

Ethereum has been closely tracking Bitcoin’s volatile price action as of late, which head led ETH to gain a firm position within the $140 region. The cryptocurrency’s bulls have shown signs of growing vitality over the past several days, which comes as the altcoin market begins flashing hints of having immensely bullish near-term potential. It... The post appeared first on NewsBTC. дальше »

2020-1-13 01:00