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It’s Do or Die for Bitcoin as Analysts Begin Eying Further Upside
Bitcoin has posted a strong rebound from its recent lows that were set within the upper-$9,000 region Bulls clearly did not want the benchmark crypto’s macro strength to be invalidated As such, they have since sparked a move up towards the mid-$10,000 region, currently attempting to capture $10,400 It is important to note that this price action comes as the cryptocurrency reaches a do or die moment How it ultimately responds to $10,000 could determine […] дальше »
2020-9-11 02:00 | |
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Analyst: Ethereum’s Market Structure “Firmly Bearish” as It Remains Below Key Level
Ethereum has seen some intensely positive price action in recent hours, with bulls catalyzing an upswing that led its price to highs of $380 just a couple of hours ago. It did face some intense resistance at this price region, however, and subsequently plunged towards $360. дальше »
2020-9-11 02:00 | |
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This Grim Technical Pattern Suggests Ethereum May Plunge to $240
Ethereum has seen a strong rebound from its recent lows, which has allowed it to outperform Bitcoin and most other digital assets throughout the past day This rebound has led it from lows of $320 to highs of over $380 Bulls are now vying to push the crypto back into the $400 region, which could allow it to reclaim its bullish market structure and see further upside One analyst doesn’t believe this is going to […] дальше »
2020-9-11 23:00 | |
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Bitcoin Could Be Coiling Up for a Move to $11,000 as Bulls Spark Slight Rally
Bitcoin and the aggregated crypto market have been flashing some signs of strength throughout the past day While BTC rebounded hard from its key support at $10,000, ETH was able to climb back up towards the upper-$300 region This marks a notable rise from its recent lows that were set earlier this week Where the market trends in the coming hours and days should provide significant insight into its near-term outlook One analyst is noting […] дальше »
2020-9-11 21:00 | |
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Analyst: Ethereum Narrowly Avoids Capitulation as Macro Outlook Grows Bright
Ethereum has posted some strong price action throughout the past couple of days, with the cryptocurrency ardently defending against any sharp decline This strength has come about mostly due to the buying pressure found at $320 This price level, and the region directly above it, have helped the crypto to slow its descent and stabilize Bitcoin’s ability to hold above $10,000 has also aided its price action significantly One analyst is now noting that ETH […] дальше »
2020-9-10 23:00 | |
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Ethereum Continues Finding Strong Support, But Fails to Break Crucial Level
Bitcoin’s inability to push past $10,400 has created a major headwind for the aggregated market This has resulted in ETH’s price plunging towards its key support levels throughout the mower-to-mid $300 region Because Ethereum has grown highly correlated to Bitcoin as of late, where it trends next may depend almost entirely on the benchmark cryptocurrency That being said, one analyst is noting that the strong support ETH has at $320 may be enough to stop […] дальше »
2020-9-9 23:00 | |
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Latin Americans Turn to Bitcoin as Local Fiat Currencies Plunge
Latin Americans have embraced cryptocurrency as a store of value while their fiat currencies depreciate, a new report shows. Bitcoin adoption in the region is further driven by the lack of banking access and remittance needs. дальше »
2020-9-8 17:15 | |
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This Simple Fractal Indicates Bitcoin Has Bottomed After $2,000 Drop
Bitcoin has collapsed by over $2,000 since the highs of last week. Even after a slight bounce at the $9,800 lows, BTC remains 20% below those highs. Bitcoin’s inability to capture key resistances in the $10,500-11,000 region has left some analysts concerned. дальше »
2020-9-8 13:00 | |
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Chainlink Posts Relief Rally, But One Analyst is Still Expecting $5.00; Here’s Why
Chainlink saw a massive decline earlier this week that sent its price plunging to lows within the sub-$10. 00 region. The cryptocurrency is beginning to show some signs of strength as it rebounds from these lows, with its recent lows starting to look increasingly like a long-term bottom. дальше »
2020-9-7 04:00 | |
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Bitcoin is Poised to Explode Towards $11,000 After Tapping Key Liquidity Region
The crypto market has been battered throughout the past few days, with sellers gaining a serious edge over buyers as they force most digital asset prices lower The strength of this selling pressure has been enough to cause some major altcoins like Ethereum to post monumental losses, with ETH plunging to lows of $330 while Bitcoin briefly broke below $10,000 It is important to note that BTC’s latest breakdown was quickly absorbed by bulls, who […] дальше »
2020-9-6 19:00 | |
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Data: Long-Term Bitcoin Investors Hold Steady Despite $2,000+ Plunge
After a prolonged period of stability and sideways trading within the $11,000 region, Bitcoin finally witnessed an influx of selling pressure that put an end to this consolidation. This caused the cryptocurrency to plummet down to lows of $9,900 earlier today, at which point buyers stepped up and slowed its descent. From here on out, […] дальше »
2020-9-5 05:00 | |
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Bitcoin May Plunge to $8,000 If It Breaks Below One Crucial Level
Bitcoin has been facing immense turbulence throughout the past several days, with sellers forcing its price down to lows of $9,900 this morning following yesterday’s ardent defense of the upper-$9,900 region. дальше »
2020-9-5 02:00 | |
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Data Shows “Smart Money” is Looking to Buy Bitcoin at $8,800
It has been a rough past couple of days for Bitcoin and the rest of the crypto market, with bears forcing BTC to dive as low as $10,000 The support found just below this price region was significant, as BTC quickly bounced and ran back towards the upper-$10,000 region Bulls and bears have since reached an impasse, with the cryptocurrency consolidating as it attempts to garner some clearer directionality in the near-term One analyst is […] дальше »
2020-9-5 21:00 | |
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Bitcoin’s “Social Volume” is Spiking; Here’s What This Means for BTC
It has been a rough day for Bitcoin. The benchmark digital asset has shed a significant amount of its value, with its price plunging from the lower-$11,000 region to lows of $10,400 earlier today. In the time since, it has shown some signs of stabilizing as buyers attempt to regain control of its near-term price […] дальше »
2020-9-4 05:00 | |
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Singapore Exchange to Bring Regulated Bitcoin and Ethereum Cryptocurrency Indices to Asia
Singapore Exchange Ltd (SGX) has announced plans to launch two new cryptocurrency indices. The iEdge Bitcoin Index, and the iEdge Ethereum Index, will bring certified price referencing to the Asia region. дальше »
2020-9-3 18:15 | |
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Can Payment Services Drive the ‘Fourth Industrial Revolution’ in Crypto?
The legislative body of the European Union is concluding the proposal for the region’s first cryptocurrency and digital finance framework. With tokenized securities, payment solutions, and DeFi on the rise, this grants industry businesses opportunities to leverage their legitimacy and open their doors to the broader consumer market. дальше »
2020-9-2 19:14 | |
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Sichuan’s Blockchain Park: Chengdu Government Officials Welcome Bitcoin Miners
In mid-August officials from the Chinese province of Sichuan approved a number of enterprises that mine bitcoin for legal hydropower consumption in the region. Following the local government of Ya’an city deciding to foster mining, officials from Chengdu recently spoke about welcoming crypto mining at the Hashcon 2020 event as well as bolstering a blockchain […] The post Sichuan’s Blockchain Park: Chengdu Government Officials Welcome Bitcoin Miners appeared first on Bitcoin News. дальше »
2020-9-2 11:30 | |
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Bitcoin Just Broke a Multi-Week Descending Triangle; Analysts Target $15k
Bitcoin is beginning to show some intense signs of strength after a prolonged period of consolidation within the mid-to-upper $11,000 region This latest push higher has not done a ton to invalidate the weakness that the cryptocurrency was previously experiencing, as it has yet to push BTC past its key $12,000 resistance level Analysts are noting that where it trends next may depend largely on whether or not buyers can shatter the selling pressure that […] дальше »
2020-9-2 21:00 | |
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Bitcoin Flashes Signs of Technical Strength as Traders Target $12k+
Bitcoin is currently lagging behind many of its peers, as the benchmark cryptocurrency is stable within the upper-$11,000 region while Ethereum and other major altcoins rally Analysts are noting that the cryptocurrency is forming underlying strength, however, which may allow it to push higher in the near-term. дальше »
2020-9-1 02:00 | |
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Chainlink Bulls May Target $19.00 as Long as They Hold One Key Level
Chainlink has been flashing some signs of strength throughout the past few days and weeks, with the cryptocurrency’s securing a relatively strong foothold above the $17. 00 region following its latest surge. дальше »
2020-8-31 04:00 | |
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Bitcoin Just Broke a Crucial Trendline as Bulls Take Aim at $12,000
Bitcoin and the entire crypto market have been flashing some signs of strength throughout the past couple of days BTC has firmly moved into the mid-to-upper $11,000 region, with bulls now trying to garner enough strength to push it up towards its high time frame resistance at $12,000 Whether or not this level is tapped in the near-term should offer some significant insights into its near-term trend Analysts are now pointing towards a recent trendline […] дальше »
2020-8-31 19:08 | |
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It’s the “Moment of Truth” for Bitcoin as it Trades at a Crucial Level
Bitcoin has found some stability within the mid-$11,000 region following its recent dip towards $11,100 The cryptocurrency is now consolidating as it struggles to maintain its momentum, with bulls and bears largely reaching an impasse as it hovers at $11,500 Analysts are now noting that the benchmark cryptocurrency could be well-positioned to see significant near-term upside if bulls can defend a crucial technical level A failure for it to bounce here, however, could cause it […] дальше »
2020-8-29 19:16 | |
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This Support May Launch Ethereum to $500, But Signs of Weakness Remain
Ethereum has seen a strong rebound from its daily lows. This has allowed it to climb into the $390 region This upsurge came about in tandem with that seen by Bitcoin and most other major cryptocurrencies This market-wide movement has allowed cryptocurrencies that were battered by yesterday’s downturn to erase virtually all of their recent losses For ETH, one analyst is now setting his sights on a movement up towards $500 in the near-term That […] дальше »
2020-8-29 23:00 | |
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Bitcoin Has Reached a “Critical Juncture” as Analysts Set Sights on $11,800
Bitcoin’s price has seen a strong rebound from yesterday’s lows, with buyers ardently guarding against a dip into the sub-$11,000 region This has allowed the cryptocurrency to gain some slight momentum, although it remains down from its daily highs From a technical perspective, analysts are noting that Bitcoin is now at a “critical juncture” that will determine its near-term future One trader is setting his sights on a break above $11,800, explaining that sellers will […] дальше »
2020-8-29 21:00 | |
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Exchange Sees Record Growth with Expansion for Rapid Crypto Adoption
Cryptocurrency platform Luno is now expanding into Australia. The region where bitcoin trading reached a record in February, to $74,000 up from $44,000 in January, still remains largely untapped. дальше »
2020-8-28 18:18 | |
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Chainlink Forms Strong Base of Support as Analysts Eye Move to All-Time Highs
Chainlink has been forming what appears to be a strong base of support within the mid-$13.00 region, as each dip here has resulted in it seeing a strong rebound. This is leading analysts to note that upside may be imminent, as the multiple strong reactions to this level throughout the past several days is a […] дальше »
2020-8-27 00:00 | |
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Official Notice Says Cheap Electricity to End for Inner Mongolian Bitcoin Miners
Regional reports say that officials from Inner Mongolia delineated 21 bitcoin mines, as the region plans to stop subsidized electrical rates for certain data firms. Unless the bitcoin mining facilities pack up and migrate, mining farms may see an electrical price increase by one third. дальше »
2020-8-26 12:30 | |
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Why This Bitcoin Analyst Thinks Altcoin Owners Should “Trade With Care”
Bitcoin has begun to drop after attempting to recover back above $12,000. The asset is down 4% in the past 24 hours, now trading at $11,150 as of this article’s writing. Altcoins have plunged even further, with Ethereum sliding down 8% to the $375 region. дальше »
2020-8-26 04:00 | |
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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 »
2020-8-26 02:00 | |
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Stellar Cyber partners with REVEZ to expand into Asia-Pacific region
Stellar Cyber, a secure AI/ML platform, has announced a strategic partnership with REVEZ Corporation, a Singapore-based technology company. Through the partnership, REVEZ customers will now enjoy comprehensive cybersecurity offered by Stellar Cyber’s Open eXtended Detection and Response (XDR) platform. дальше »
2020-8-26 17:20 | |
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Expect volatility: Bitcoin futures open interest surges to new all-time high
Bitcoin has been seeing relatively quiet price action throughout the past few weeks, with the cryptocurrency primarily trading within the upper-$11,000 region as its bulls and bears reach an impasse. дальше »
2020-8-26 13:00 | |
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Here are the Simple Factors That Could Pull Bitcoin Towards Its 2020 Highs
Bitcoin is showing tempered signs of strength at the present moment as its price pushes up towards $11,800 The cryptocurrency has been seeing slight weakness in recent days, making this latest upswing a welcome development for bulls BTC has yet to break its prolonged consolidation phase between the lower-$11,000 region and $12,000 Some factors suggest a break of this range is imminent in the near-term One analyst is pointing to stock market strength and weakness […] дальше »
2020-8-25 02:00 | |
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Analyst: Ethereum Likely to Plunge to $370 as It Reaches Key Resistance
Ethereum saw a sharp and sudden upswing yesterday that allowed it to post some notable gains The cryptocurrency has now resecured its position within the lower-$400 region, with bulls building major strength following the break above its key resistance level That being said, analysts are still noting that massive resistance that exists right around $408 may prove to be insurmountable in the near-term The selling pressure here may open the gates for ETH to see […] дальше »
2020-8-25 23:00 | |
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Huobi Global Drives Deeper into Russia Partnership
Huobi Global is looking to take a bigger foothold in the promising cryptocurrency region of Russia after it partnered with Huobi Russia, an entity that has been... дальше »
2020-8-22 07:10 | |
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Here’s the Crucial Level That May Spark Bitcoin’s Next Bloodbath Decline
Bitcoin has been caught in the throes of an intense bout of sideways trading for the past few weeks, with attempts to break above or below the upper-$11,000 region proving to be highly fleeting. Earlier this week, the benchmark cryptocurrency rallied as high as $12,400 before it lost its momentum, with its price subsequently plunging […] дальше »
2020-8-22 02:00 | |
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Here are the Crucial Levels Bitcoin Needs to Defend to Push Higher
It has been a rocky past few weeks for Bitcoin, with the benchmark digital asset mainly stuck within the upper-$11,000 region over the past few days Analysts are now noting that it may be well-positioned to see some further turbulence in the near-term, as it is currently trading above multiple key levels Despite showing some signs of weakness, it is important to note that bulls have been able to hold it above its crucial cloud […] дальше »
2020-8-22 02:00 | |
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China Drives East Asia into Global Crypto Market Pole Position
More than $50 billion in cryptocurrency assets have moved from China-based addresses in the past year alone. The huge numbers coming from the region are directly related to East Asia’s cryptocurrency mining dominance. дальше »
2020-8-21 12:44 | |
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Ethereum Bulls Defend Critical Support; Will Its Strength Last?
Ethereum has been facing intense selling pressure throughout the past few days which has caused its price to shed a good portion of its recent gains This selling pressure first came about after it incurred explosive momentum that sent its price surging up to highs of nearly $450 last week The crypto ultimately fell to the sub-$400 region yesterday, but this dip was quickly absorbed by aggressive buying pressure that helped it climb higher Analysts […] дальше »
2020-8-21 23:00 | |
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Bitcoin Forms Higher Lows as Bulls Defend Against Heavy Selling Pressure
It has been a rocky past few days for Bitcoin and the entire cryptocurrency market After first stabilizing above $12,000 for a multi-day period earlier this week, the crypto recently faced an influx of selling pressure that pushed it back below this level It has now entered what appears to be yet another prolonged consolidation phase in the upper-$11,000 region On a positive note, bulls have been able to establish higher lows, while also guarding […] дальше »
2020-8-21 21:00 | |
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Bitcoin Reaches Crucial Juncture, $11,500 Holds The Key For Next Rally
Bitcoin price settled below the $12,000 support level against the US Dollar. BTC is currently consolidating above the $11,650 and $11,500 support levels, below which it could nosedive. Bitcoin remained in a short-term bearish zone and it settled below the $12,000 region. дальше »
2020-8-20 07:08 | |
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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 »
2020-8-20 23:00 | |
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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 »
2020-8-19 21:00 | |
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Here’s Why Bitcoin May Soon See a Sharp “Downside Flush” Despite Stability
Bitcoin has found some strong stability within the lower-$12,000 region following yesterday’s upswing Analysts are widely confident that it is currently caught within the early stages of its next bull run, which may ultimately lead it up towards its all-time highs Despite getting closer to these highs each week, there may still be some turbulence ahead for the cryptocurrency One analyst is noting that high funding rates for BTC on margin trading platform spell trouble […] дальше »
2020-8-19 21:00 | |
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Excessive Flooding in Sichuan Causes 20% Hashrate Losses for Chinese Bitcoin Miners
Torrential downpours of nonstop rain have been wreaking havoc in China’s Sichuan province, which has caused some operations to shut down ASIC mining devices. Reports from the region show that certain areas have seen electrical shortages and the aftermath is causing quite a bit of stress for Chinese bitcoin miners. дальше »
2020-8-19 20:30 | |
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Bitcoin Plunges Under $12,000 After Breakout: Here’s What Could Come Next
On Monday, Bitcoin underwent a notable breakout. The asset surged from the $11,800 baseline it was trading at to a daily high just shy of $12,500 in the span of hours. The move brought BTC above the pivotal $12,000 region, which acted as resistance at the highs of three separate rallies over the past two […] дальше »
2020-8-19 17:28 | |
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Sichuan Officials Continue to Foster the Relationship Between Bitcoin Mining and Hydropower
The province of Sichuan is well known for being one of the largest concentrations of bitcoin miners on earth because electrical costs are extremely cheap in the region. Data shows that miners using hydropower in Sichuan are paying between 0. дальше »
2020-8-18 11:30 | |
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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 »
2020-8-18 11:07 | |
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Crypto Market Enters “Extreme Greed” Territory as Bulls Grow Aggressive
The crypto market has been caught in the throes of an incredibly strong uptrend ever since it bottomed in mid-March. The decline seen at this time was intense, with Bitcoin plunging to lows of $3,800 while Ethereum set lows within the sub-$100 region. дальше »
2020-8-18 05:00 | |
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