Key Reasons Why This Latest Selloff Hasn’t Hurt Bitcoin’s Bull Case

Bitcoin saw a notable selloff today that struck a heavy blow to the cryptocurrency’s technical outlook. This decline sent it down to its range lows of $11,100 that have been tested on multiple occasions throughout the past few weeks. дальше »

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Bitcoin Shows Signs of Strength, But These Factors May Bolster Bears

Bitcoin is currently attempting to break above $12,000, with the cryptocurrency rallying towards this level as Ethereum sets fresh 2020 highs at $475 BTC’s current strength has yet to lift it past the key resistance it faces in the near-term at this level A failure to surmount it would be grim for its near-term outlook, and potentially spell serious trouble for where it goes next One analyst believes that there are a few factors that […] дальше »

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Bitcoin’s Increase: Still Corrective or a New Upward Movement?

The Bitcoin (BTC) price is approaching a decisive daily and weekly close, which will be essential in determining the direction of the next move. Bitcoin’s Candlestick Outlook On Aug. 25, the bitcoin price created a bearish engulfing candlestick that took the price to a low of $11,112. дальше »

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Huobi Group CEO Leon Li Shared His Vision for Blockchain Industry and Its Outlook

Huobi University shared an opinion piece made by Leon Li, CEO of Huobi Group in a keynote speech titled “Blockchain Industry and Its Outlook” at... дальше »

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Here’s the Key Support Bitcoin Must Defend to Avoid Serious Downside

Bitcoin has been struggling to garner any clear upwards momentum throughout the past several weeks This has degraded its technical strength, resulting in it seeing heightened selling pressure Analysts are growing somewhat cautious about the crypto’s near-term outlook Nonetheless, it is essential to note that it remains above multiple crucial levels As such, until these support levels throughout the lower-$11,000 region are broken, BTC may still be well-positioned to see further upside Bitcoin and the […] дальше »

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Analysts Predict US Presidential Election Outcome Could Collapse Dollar, Boost Bitcoin and Gold

Analysts have predicted a bearish outlook for the U. S. dollar as the country’s 2020 presidential election approaches. One analyst says gold will correct with Donald Trump’s victory followed by the collapse of the U. дальше »

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Why Bitcoin May Need to Test $11,000 Before Climbing Higher

Bitcoin is starting to gain some slight momentum as the cryptocurrency’s price climbs up towards $11,800 This marks a notable surge from recent lows of $11,400 that were set just a few days ago, and it does appear that the crypto is poised to see further upside One factor boosting BTC’s outlook is Ethereum’s intense swing up to highs of $410 In the past, Ethereum has front-run movement seen by Bitcoin and the rest of […] дальше »

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Weaker US Dollar Pushes Bitcoin Towards $12K; A Weekly Outlook

In a week that will see the world central bankers convening a virtual conference on the future of the economy, Bitcoin is rising. The benchmark cryptocurrency kicked off Monday with modest gains against the US dollar. дальше »

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Bitcoin Shooting Star Could Put an End to the Uptrend

During the week of Aug 17-24, the Bitcoin (BTC) price created a shooting star candlestick inside a long-term resistance area. This is a sign that the bullish trend might have come to an end. Bitcoin Weekly Outlook Bitcoin has been increasing at an accelerated rate since the week of July 20, creating four consecutive bullish […] The post Bitcoin Shooting Star Could Put an End to the Uptrend appeared first on BeInCrypto. дальше »

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Ethereum Shows Signs of Weakness as It Nears Last-Ditch Support

Ethereum is showing some signs of weakness as it once again dips below $390 This level has become slight support for the cryptocurrency, with a sustained bout of trading beneath it potentially degrading its technical strength Analysts are offering a mixed outlook on the cryptocurrency, but one thing that is widely agreed upon is that it is approaching a make-or-break support level If the cryptocurrency is able to bounce at this level, it may be positioned […] дальше »

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Here's what the IRS should know - Bitcoin is not just money

The cryptocurrency industry has been developing at quite a fast pace and this has helped change the outlook of investors and governments around the world about crypto. Although it will be naive to sayThe post Here's what the IRS should know - Bitcoin is not just money appeared first on AMBCrypto. дальше »

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What’s driving the S&P 500, NIO and XRP?

While the global economy struggles with the fallout of Covid-19, financial markets are showing signs of recovery and this means there are opportunities for investors. So, for those with an optimistic outlook, we are taking a look at what is driving the S&P 500, NIO, and XRP. дальше »

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What’s driving the S&P 500, NIO and XRP?

While the global economy struggles with the fallout of Covid-19, financial markets are showing signs of recovery and this means there are opportunities for investors. So, for those with an optimistic outlook, we are taking a look at what is driving the S&P 500, NIO and XRP. дальше »

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Bitcoin’s Cloud Pattern Shows Bears May Still Be in Full Control

Bitcoin and the entire cryptocurrency market are currently bearing witness to relatively mixed price action While BTC has faced some intense selling pressure, it is important to note that bears have not invalidated any of its mid-term market structures As such, it remains well-positioned to see further near-term upside Despite this, one analyst is noting that the cryptocurrency’s cloud formation may spell some trouble for its near-term outlook, as it shows that it is still […] дальше »

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“Weak Reaction at Support” Puts Bitcoin Rally At Risk, Analyst Asserts

Bitcoin attempted to bounce back this Thursday following a string of sessions in red earlier this week. The benchmark cryptocurrency was up 0. 25 percent at $11,788 as of 10:03 GMT. But its modest upside outlook failed to impress at least one trader. дальше »

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Ethereum Dives into Key Liquidity Region as Technical Outlook Grows “Ugly”

Ethereum has not been able to avoid the impacts of Bitcoin’s recent break beneath $12,000 This key technical development sent shockwaves throughout the market, with ETH reeling down to lows of $400 before finding any significant support Analysts are now noting that the crypto may be well-positioned to see further near-term weakness That being said, it may first navigate higher to tap a key liquidity region before it continues its descent Overall, analysts are expecting […] дальше »

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Bitcoin is “Fragile” as It Trades Below Multiple Crucial Levels

Bitcoin witnessed an intense influx of selling pressure yesterday that caused its price to reel down towards lows of $11,600 Although it was able to find strong support at these lows, this recent selloff forced it back below the $12,000 region This is a grim sign for its mid-term outlook, as it points to underlying weakness amongst the cryptocurrency’s bulls Analysts are now noting that it does appear to be in a “fragile” position This […] дальше »

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Bitcoin Is Up 45% Since the Halving: Is There More Upside on Its Way?

Bitcoin has performed extremely well over recent months, despite the dismal macroeconomic outlook. As of this article’s writing, BTC trades for $12,400, up around 4% in the past 24 hours. This is the highest the cryptocurrency has traded at this year. дальше »

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According To This Analyst, There’s a 30% Chance That Bitcoin Reaches $17,000 By Year-End

Bitcoin has been in a consolidation phase in recent weeks. Despite the long-term outlook for bitcoin remaining overwhelmingly bullish, it seems that the short-term progress is being hampered by the stubborn resistance at the $12-13K region. дальше »

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Here are the Levels Analysts are Watching That Will Determine Bitcoin’s Future

Bitcoin has been trading within a large  range throughout the past several weeks This has done little to offer investors with insights into the cryptocurrency’s mid-term trend That being said, bulls are now striving to break above the upper boundary of this range, with a confirmed and sustained break being an incredibly bullish sign for BTC Top traders are still expressing caution when it comes to the cryptocurrency’s short-term outlook One trader is noting that […] дальше »

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Will Ethereum’s Strong Weekly Close Be Enough to Propel It Higher?

Ethereum has been hovering between $420 and $430 for the past few days, with the resistance found around $450 sparking a prolonged consolidation phase The cryptocurrency has been unable to extend its recent upwards momentum after facing a rejection at this level This has pointed to some underlying short-term weakness, although its long-term outlook remains incredibly bright Analysts are now noting that the token may be well-positioned to see significantly further upside after it sees […] дальше »

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Why Bitcoin May See an Explosive Rally Despite Recent $12k Rejection

Bitcoin and the entire cryptocurrency market have been seeing some rather mixed price action in recent weeks. Although the benchmark digital asset currently remains caught within a prolonged consolidation phase within the upper-$11,000 region, it has been facing multiple rejections at $12,000 that have hampered its near-term outlook. дальше »

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Crypto Long & Short: The Surprisingly Sunny Outlook for Crypto Hedge Funds

Bitcoin returns are beating crypto hedge funds, but other recent developments point to more favorable tailwinds for those funds in the long term. дальше »

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Ethereum Faces a Critical Weekly Close as Bears Shatter Key Support

Ethereum has been struggling to maintain its momentum ever since it peaked within the $440 region The cryptocurrency is now trading right around a crucial support level that bears were able to shatter overnight Bulls are now moving the reclaim the cryptocurrency’s position above this level Whether or not it can hold above this level as its weekly close fast approaches should provide investors with significant insight into its near-term outlook Analysts are noting that […] дальше »

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Here’s How High One Trader Expects Bitcoin to Climb Before Forming a Top

Bitcoin faced yet another $12,000 rejection yesterday that caused the cryptocurrency’s price to reel down towards $11,700 This level appears to have been established as support, as buyers ardently defended against any break below it It now appears that the crypto’s short-term technical outlook remains unchanged, as BTC is still consolidating within the upper-$11,000 region As for where it may go next, one analyst explained that he is looking towards $13,000 as a near-term target […] дальше »

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Whales are Accumulating Bitcoin Despite Its Stalling Momentum

Bitcoin’s multi-week consolidation phase comes close on the heels of the strong uptrend that the cryptocurrency was able to post late last month. Despite its macro outlook remaining incredibly strong, it appears that Bitcoin’s short-term outlook is being impeded by the heavy resistance at $12,000. дальше »

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Data analyst: Bitcoin funding rates could spell trouble for near-term outlook

It has been a turbulent week for Bitcoin.

The post Data analyst: Bitcoin funding rates could spell trouble for near-term outlook appeared first on CryptoSlate.

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Here’s the Crucial Trading Range That Will Determine Bitcoin’s Macro Outlook

Bitcoin has been caught in a firm consolidation phase but is now showing some signs of weakness The cryptocurrency is currently pushing down towards its key support within the mid-$11,000 region as its bulls falter There is currently a massive trading range that analysts are closely watching Which of the range boundaries that the crypto breaks above – or below – first will likely offer significant insight into its near-term trend Some respected traders are […] дальше »

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Ethereum Reaches a Turning Point; Here’s What Could Reverse Its Uptrend

Ethereum has been consolidating alongside Bitcoin throughout the past several days, struggling to break above the heavy resistance that has been formed at $400 This consolidation phase has offered little insight into the cryptocurrency’s near-term outlook Analysts are now noting that ETH may be well-positioned to see significant upside in the short-term One trader is noting that there is one level that could invalidate this strength, but it remains unclear as to whether or not […] дальше »

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Here’s Why Traders are Growing Cautious About Bitcoin’s Current Outlook

Bitcoin attempted to shatter its $12,000 resistance yesterday, which ultimately resulted in a rejection that led it down towards $11,700. At this price level, however, buyers stepped up and absorbed the heavy selling pressure, subsequently pushing the benchmark cryptocurrency up towards $11,900 before its momentum began slowing. дальше »

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Market Outlook: BTC Trend Targets $15K, Bitcoin Bull Raoul Pal ‘Irresponsibly Long’

Cryptocurrency markets have been fluctuating quite a bit lately, as bitcoin and a number of crypto assets have been testing new resistance levels. The market valuation of the entire crypto-economy is hovering around $360 billion as a decent portion of the top twenty digital assets have gained 1-15% in the last 24 hours. дальше »

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Bitcoin is Pushing Against a Crucial Level as Chances of an Explosive Rally Grow

Bitcoin and the entire crypto market saw a strong afternoon yesterday. This allowed BTC to push up towards $11,800 The cryptocurrency is now caught within what will likely be a short-term consolidation phase at just under $12,000 Whether or not it can surmount this crucial resistance today will help offer insights into its short-term outlook One analyst explained in a recent tweet that yesterday’s daily close does seem to indicate that a break above this […] дальше »

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Bitcoin Rise Is Based on Fundamentals while Ethereum Rise Is Speculative, Says Bloomberg

Coinspeaker Bitcoin Rise Is Based on Fundamentals while Ethereum Rise Is Speculative, Says BloombergThe “August Crypto Outlook” by Bloomberg revealed that the Bitcoin rally is more trustworthy than that of Ethereum, which is said to be “more speculative”. дальше »

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Gold Sails Over $2,000 While Economic Fears Persist

The price of gold finally managed to break above the precarious $2,000 level during trading Tuesday, marking a new all-time high for the precious metal. The rapid pump from the previous all-time high of $1,900 reflects the growing concerns that the market has regarding the current economic outlook. дальше »

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This Newly Formed Structure Could Cause Bitcoin to See Major Losses

Bitcoin and the aggregated cryptocurrency market are currently in a precarious position following the series of strong rejections seen yesterday evening The selling pressure incurred as a result of these rejections has not yet been enough to force BTC or other assets below their crucial support levels That being said, analysts are growing increasingly cautious on BTC’s near-term outlook One trader explained that a recently emerged technical pattern seems to indicate downside is imminent It […] дальше »

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Analyst: Bitcoin’s Recent Surge Looks Like the Start of 2019’s 250% Rally

Bitcoin’s flash crash on the weekend has thrown a wrench into the bullish outlook of some analysts. Because BTC was rejected at such a crucial level ($12,000), some have suggested that the asset could see a pullback to pre-rally levels in the $9,000s. дальше »

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XRP Posts Classic “Bearish Retest” Pattern as Analysts Eye Lower Lows

XRP has been able to post some notable gains throughout the past couple of days Its recent upswing has even come about as Bitcoin and Ethereum both reel lower as a result of their latest rejections Despite being laggard throughout the early phases of this rally, the embattled crypto is now looking strong Analysts are still cautious about its mid-term outlook, however, as this latest upswing could simply mark a “bearish retest” of the upper boundary […] дальше »

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Cryptocurrency News Roundup for Aug 3, 2020

Bitcoin started the week on a positive note after an unusually volatile weekend by recent standards. The BTC/USD price temporarily reached a local high of over $12,000. The eventful weekend was preceded by a credit-rating downgrade from Fitch who placed a “negative outlook” on the United State’s triple-A rating on Friday. дальше »

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Bitcoin [BTC] Price Prediction: Parabolic Fractals from 2019

The sentiments around Bitcoin [BTC] are currently euphoric as the digital investment asset broke above significant resistance levels. In the previous analysis, we looked at the supply characteristics and technical outlook of the graph. дальше »

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Ethereum Is Up 50% on Platform’s 5th Anniversary as Outlook Brightens

Coinspeaker Ethereum Is Up 50% on Platform’s 5th Anniversary as Outlook BrightensIt's a period of good news for Ethereum around its anniversary. Even its futures market is experiencing an unprecedented boost in July. дальше »

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Learn how to mix at MyCryptoMixer.com, the leading Bitcoin mixer in 2020

On June 24, the IMF published its quarterly World Economic Outlook report, describing the COVID-19 induced lockdown as the worst economic downturn in 90 years and predicting a total of nine trillion dollars of losses by 2022. дальше »

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Data: Long-Term Bitcoin Investors Holding Strong Despite Latest Rally

Bitcoin’s intense uptrend in recent weeks hasn’t phased its long-term investors, who appear to be holding out for higher prices before they offload their holdings. Data shows that these investors are not yet selling their crypto and are even adding to their long-term stashes as the crypto’s mid-term outlook brightens. дальше »

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After Breaking Out, Stellar (XLM) Fails to Sustain Higher Prices

At the beginning of July, the Stellar (XLM) price broke out from a long-term resistance area. However, the price could not sustain the rally and has since fallen back below the breakout level. Unless XLM can successfully reclaim this level, it’s outlook remains bearish. дальше »

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Litecoin (LTC) leads large-cap gains as Bitcoin breaks $11,000

Litecoin — long heralded as the “digital silver” to Bitcoin — led gains in border crypto market this week as the DeFi boom, poor economic outlook in traditional markets, and the rise of gold sparked somewhat of a crypto run. дальше »

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Tether Gold (XAUT) Witnesses Surge in Demand Amid Grim Economic Outlook

The global economic uncertainties induced by the COVID-19 pandemic has increased the demand for time-tested stores of value, including precious metals such as gold, and silver, among others. At the same time, this demand has cascaded into the cryptocurrency industry, however, not in the way as one might think. дальше »

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Bitcoin Just Posted an Ultra Bullish Technical Formation Not Seen Since 2017

Bitcoin’s intense rally seen yesterday evening allowed it to surmount multiple heavy resistance levels that were previously suppressing its price action. The cryptocurrency has also bolstered its technical outlook, with multiple factors now working firmly in the favor of BTC’s bulls. дальше »

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Report: Ethereum Activity in 2020 Nearing ICO Euphoria Levels

Certain metrics tied to Ethereum’s ongoing surge in network activity and price is nearing levels seen previously in the infamous 2018 ICO market, a report noted in its Q2 market outlook. Same Conditions, Different Outcome Xangle – a research firm focused on-chain analytics for cryptocurrencies – recently released its report on “Decentralized Finance (DeFi) inRead MoreRead More. дальше »

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Why Bitcoin’s Bullish Accumulation Pattern Could Still Result in a Move to $7k

Bitcoin and the aggregated cryptocurrency market are continuing to flash some signs of strength BTC is now pushing up towards $9,600, with its slow grind higher allowing it to surmount the slight resistance it faced around this price region This recent price action does appear to confirm the existence of a bullish accumulation pattern, which is a positive sign for its outlook One analyst is explaining that the crypto could still decline towards $7,000 despite […] дальше »

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Can Bitcoin get in on the gold rush?

The prevailing market is a perfect training ground. While some assets are fairing very well, others are not. With the current and foreseeable economic outlook fairly weak, some macroeconomic assets arThe post Can Bitcoin get in on the gold rush? appeared first on AMBCrypto. дальше »

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Tezos and Ontology: weekend price outlook

Tezos is exchanging hands for $3.05 while Ontology has dipped 6% in the past...

The post Tezos and Ontology: weekend price outlook appeared first on Coin Journal.

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