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Bitcoin Faces Harsh Rejection as Analysts Eye Potential Consolidation Phase
Bitcoin faced an incredibly harsh rejection earlier this morning that caused its price to plummet This came about directly following another test of the cryptocurrency’s all-time high, which was broken and tested on multiple occasions over the past day The resistance here is still significant and should not be overlooked Whether or not this level can be flipped into support anytime soon will offer serious insights into the entire market’s near-term outlook One trader is […] дальше »
2020-12-2 21:00 | |
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Monero, Polkadot, Compound Price Analysis: 30 November
While Bitcoin and Ethereum registered gains in the near-term, the altcoin markets shared a bullish outlook. In fact, the Crypto Fear and Greed Index noted a figure of 88, at press time. Further dowThe post Monero, Polkadot, Compound Price Analysis: 30 November appeared first on AMBCrypto. дальше »
2020-12-1 21:00 | |
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Wall Street Veteran Raoul Pal Sells All His Gold To Buy More Bitcoin, Ethereum
Market pundits believe the current bitcoin rally is primarily fuelled by institutional money. Grayscale’s skyrocketing assets under management and the CME open interest adds credence to this optimistic outlook. дальше »
2020-12-1 17:44 | |
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Bitcoin SV, Maker, Ethereum Classic Price Analysis: 29 November
Ethereum appeared to form a strong region of demand around the $500-zone, a bullish development for the crypto's long-term outlook. In fact, ETH has been climbing steadily over the past few days, someThe post Bitcoin SV, Maker, Ethereum Classic Price Analysis: 29 November appeared first on AMBCrypto. дальше »
2020-11-29 18:30 | |
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Polkadot, Dash, Dogecoin Price Analysis: 28 November
Polkadot saw strong gains registered in past weeks and was forced to retrace some of them on the recent move down. The outlook for both DOT and Dogecoin was bullish in the medium to long-term, but theThe post Polkadot, Dash, Dogecoin Price Analysis: 28 November appeared first on AMBCrypto. дальше »
2020-11-29 22:30 | |
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Ethereum’s Technical Outlook Strengthens as Market-Wide Recovery Begins
Ethereum has been closely tracking Bitcoin’s price action throughout the past few days and weeks, which has led it to see some immense turbulence as of late Just two days ago, the benchmark cryptocurrency faced a rejection at its all-time highs that resulted in it reeling from $19,500 to $16,400 This selloff was the most intense one seen since this uptrend first got started a handful of weeks ago Where it trends next will depend […] дальше »
2020-11-29 22:00 | |
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Why One Analyst Claims This Latest Ethereum Selloff is an Ideal Buying Opportunity
Ethereum and the entire crypto market saw a sharp downturn, with Bitcoin plunging by over 10% while ETH declined towards $500 This selling pressure has been quite intense and may continue hampering the cryptocurrency in the near-term Where it trends in the near-term will depend largely on whether or not bulls can stop it from breaking below $500 A decline beneath this level would strike a serious blow to the cryptocurrency’s technical outlook The coming […] дальше »
2020-11-26 23:00 | |
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Despite Drop, XRP’s Bullish Outlook Remains Intact
Long-Term Movement The XRP price has been increasing since it initially broke out from a long-term descending wedge in Jul 2020. However, the price consolidated before the rate of increase intensified during the second week of Nov. дальше »
2020-11-27 22:00 | |
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Swipe (SXP) Waiting to Make Decisive Move After Breaking Past Resistance
Despite this, the outlook remains bullish and SXP is expected to soon accelerate, possibly after completing a short-term pattern. SXP Breaks Out On Nov 3, SXP reached a local low of $0. 69 after an extended move to the downside that began on Aug 13. дальше »
2020-11-24 15:52 | |
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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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PrimeXBT Analysis: Oil outlook Worsening As We Move Into The Final Quarter Of The Year
This year has not been a particularly good one for any of the markets.… The post PrimeXBT Analysis: Oil outlook Worsening As We Move Into The Final Quarter Of The Year appeared first on Coin Journal. дальше »
2020-11-21 15:02 | |
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Traders Forecast Bitcoin Will See a “Cool-down Period” as Rally Overheats
Bitcoin has been caught within the throes of a consolidation phase ever since its price exploded up to its recent highs of $18,600 The selling pressure that existed here was significant and sparked a $1,000+ move lower that was eventually absorbed by bulls This price action has done little to provide insight into its near-term outlook, as both bulls and bears have shown signs of strength Whether or not it can break and hold above […] дальше »
2020-11-21 02:00 | |
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Examining the Regulatory Outlook for Digital Assets
Watch the full session from Ripple Swell Global 2020 today. More than 10 years has passed since the launch of Bitcoin, but the cryptocurrency industry remains largely the preserve of blockchain enthusiasts and fintech startups. дальше »
2020-11-18 23:54 | |
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Bitcoin Weekly Outlook: Expect Choppy Trades Near $16,000
In the short-term, supporting the upside outlook is the uncertainty led by a rising number of coronavirus infections in the US. дальше »
2020-11-16 09:02 | |
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Bitcoin is Poised to Rally Towards $17,000 Next as Outlook Grows Bright
Bitcoin has seen a quiet weekend of trading, with the cryptocurrency struggling to gain any immense momentum as bulls and bears reach an impasse This has led to a prolonged bout of sideways trading around $16,000, with bulls and bears both struggling to gain control of its near-term Its recent price action has done little to provide any insights into where it might trend over a mid-term time frame That being said, one analyst is […] дальше »
2020-11-16 19:39 | |
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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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EOS, NEM, Compound Price Analysis: 14 November
Bitcoin induced euphoria in the market's traders after recently registering a yearly-high of $16,400. Further down the crypto-ladder, EOS seemed to have exhausted its recent bullish outlook while NEM'The post EOS, NEM, Compound Price Analysis: 14 November appeared first on AMBCrypto. дальше »
2020-11-14 11:00 | |
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Bitcoin Enters “Uncharted Territory” as Macro Outlook Grows Bullish
Bitcoin is holding steady above $16,000, even gaining some slight momentum above this level as buyers remain in full control This price action has been undoubtedly bullish for the cryptocurrency, with a daily close above this level confirming that this latest push higher is more than a fleeting pump Now that buyers have flipped this into support, it could be time for the crypto to see even further gains in the near-term One analyst explained […] дальше »
2020-11-14 21:00 | |
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Bitcoin price outlook still bullish despite drop from COVID-19 vaccine news
Following highly volatile Bitcoin price action in the aftermath of its vaccine-induced drop, crypto traders explain where BTC is headed next. дальше »
2020-11-11 19:32 | |
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This Historic Trend Shows Bitcoin Could Soon See a 700%+ Rally; Here’s Why
Bitcoin has seen some choppy price action throughout the past day, with its price mainly consolidating within the lower-$15,000 region as bulls and bears struggle to gain control of its near-term outlook. дальше »
2020-11-11 19:30 | |
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Analysts Eye Multi-Month Bitcoin Accumulation Phase as Bears Weaken
Bitcoin is flashing immense signs of strength today, with its rebound from yesterday’s decline to $14,400 being an impressive display of bulls’ current control of the asset This rebound has significantly bolstered its technical outlook and only further confirms what many have already suspected – dips are for buying in this market environment One analyst is now noting that Bitcoin could soon start an accumulation phase before it can make a bid at setting fresh […] дальше »
2020-11-9 01:00 | |
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Analyst: Bitcoin Likely to Plunge Towards $12,000 as Top Signs Emerge
Bitcoin has seen a slight retrace this morning, with bulls being unable to break above the immense selling pressure that exists around $16,000 Today’s move lower has been somewhat slow and has yet to force the crypto below any crucial level One trader is now offering a somewhat grim outlook on the cryptocurrency, noting that he is expecting it to see one more impulse higher before topping and posting massive losses He is particularly looking […] дальше »
2020-11-7 19:08 | |
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Trader: Yearn.finance’s YFI Could See a Short Squeeze to $14,000
Yearn. finance’s YFI token has continued its descent, breaking below $9,000 as sellers stay in full control of its near-term outlook and continue erasing the gains it incurred as a result of its recent parabolic rally. дальше »
2020-11-5 00:00 | |
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Bitcoin to Target $14,400 Despite No Clear Election Winner: Analyst
Bitcoin’s price has been holding up quite well despite the volatility seen yesterday that came about due to a turbulent election that has yet to deliver any decisive results. This price action has done little to contribute to its mid-term outlook, however, as it is still trading below the resistance it has been facing around […] дальше »
2020-11-5 19:00 | |
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Indicator Shows Bitcoin is “Overbought” as Average Investor Profit Hits 115%
Bitcoin may be forming a mid-term top around its recent highs, with the multiple rejections posted at $13,800 not bearing too well for its short-term outlook The cryptocurrency remains caught within a potent uptrend, but this level is proving to be incredibly difficult for bulls to break If they continue failing to find any stability around this level despite the bullish monthly candle close, it could point to weakness amongst buyers One analytics firm is […] дальше »
2020-11-3 02:00 | |
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Zcash (ZEC) Rejected from Resistance, Likely Confirming Bearish Trend
Zcash (ZEC) had briefly broken out from a long-term resistance level but failed to sustain the rally and has fallen back since. The price outlook seems bearish and an eventual breakdown from the current support area is expected. дальше »
2020-10-30 09:26 | |
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Ethereum’s Macro Outlook is “Ultra Bullish” Despite Recent Turbulence
Ethereum has been closely tracking Bitcoin’s price action throughout the past couple of days This has caused it to see a notable selloff, with bulls and bears now reaching an impasse as it trades just above its crucial $380 support level A continued defense of this level is key if bulls want to fuel a move higher in the near-term One analyst is now noting that the cryptocurrency’s macro outlook is ultra-bullish despite the recent […] дальше »
2020-10-30 23:00 | |
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Here’s How the U.S. Dollar’s Macro Bearishness Could Send Bitcoin Flying
Bitcoin is currently consolidating following its sharp decline seen yesterday The cryptocurrency is lacking momentum as its bulls and bears both seem to reach an impasse, which has struck a blow to its technical outlook One of the main reasons why BTC saw such a harsh rejection at $13,800 was due to a sudden surge in the US Dollar’s value seen yesterday This sent shockwaves throughout the market and stopped BTC from breaking the resistance […] дальше »
2020-10-30 21:00 | |
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Ethereum, Stellar Lumens, Zcash Price Analysis: 29 October
Benchmark indices in the Asian markets as well as on Wall Street fell sharply overnight, strongly influencing the bearish market outlook witnessed on the trading charts even for some digital assets toThe post Ethereum, Stellar Lumens, Zcash Price Analysis: 29 October appeared first on AMBCrypto. дальше »
2020-10-29 12:00 | |
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Total Cryptocurrency Marketcap Rapidly Outperforming the Altcoin Market Cap
While both the Cryptocurrency Total Market Cap (TOTALCAP) and the Altcoin Market Cap (ALTCAP) have been increasing since the beginning of September, TOTALCAP has done so at a much higher rate. This makes the outlook for the future of the TOTALCAP much more bullish than its ALTCAP counterpart. дальше »
2020-10-29 11:33 | |
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Paul Tudor Jones claims BTC’s rally is still in its initial stages
Paul Tudor Jones, billionaire hedge fund manager, has come out to declare that he is bullish on bitcoin (BTC), now more than ever. The billionaire shared his positive outlook on the leading coin in terms of market capitalization during an interview on October 22. дальше »
2020-10-23 15:12 | |
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Litecoin, Ontology, Digibyte Price Analysis: 21 October
With both the digital assets claiming their place in the green zone, on the trading charts, the short-term period outlook for Litecoin and Digibyte remained bullish. For Ontology, however, a bearisThe post Litecoin, Ontology, Digibyte Price Analysis: 21 October appeared first on AMBCrypto. дальше »
2020-10-21 20:00 | |
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Chainlink is Positioned to See a Major Push Higher Despite Today’s Selloff
Chainlink’s price action as of late has been rather lackluster, primarily consisting of accumulation and consolidation as it trades between $10.00 and $11.00. This sideways trading has done little to offer investors any serious insights into its near-term outlook, but it is important to note that it is now moving in close tandem with the […] дальше »
2020-10-21 00:00 | |
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Analyst Who Called 2018 Bottom Fears Bitcoin Will See Steep Drop
Bitcoin could undergo a strong correction in the weeks ahead as it forms a bearish short-term to medium-term outlook. This is compounded by a futures market positioning “overhang” noted by JP Morgan analysts. дальше »
2020-10-19 13:00 | |
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Bitcoin Weekly Outlook: More Turbulence Expected on Mixed Economic Data
Bitcoin managed to close the previous week in green as a slightly optimistic economic data in the US lifted demand for the US dollar. The cryptocurrency and the greenback have trended inversely to one another since the March 2020’s global market crash. дальше »
2020-10-19 08:30 | |
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Ethereum to See “Price Discovery” in 2021; Analyst Targets $750
Ethereum has seen some slight momentum over the past 24-hours that has pushed its price towards $380 This is a critical level that has historically sparked both uptrends and downtrends Whether or not this level is broken above in the near-term will provide serious insights into the crypto’s outlook One analyst is noting that its mid-term market structure is incredibly bullish, and that it is likely to lead it into “price discovery” in 2021 As […] дальше »
2020-10-18 22:00 | |
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Bitcoin May Plunge in Q4 Due to a Tax-Induced Selling Frenzy
Bitcoin’s price action as of late has done little to offer investors with any tangible insights into where it may trend next Analysts have been largely noting that the cryptocurrency’s outlook is being dimmed by turbulence within the stock market, which may persist until after the elections Many traders do believe that the rest of Q4 will be a bullish month for BTC, as this may be when it can decouple from the stock market […] дальше »
2020-10-18 19:00 | |
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