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Bitcoin (BTC) Plunges to $8,300; Here’s What Analysts Are Thinking

Bitcoin really hasn’t done well over the past day. After printing a false breakout candle on Saturday that brought the price of the asset to $9,200, there was a rapid and violent reversal. What followed was a dramatic and steep downtrend that has taken the price of BTC as low as $8,300 just last hour (as of the time of this article’s writing), marking a 10% drop from the highs. дальше »

2020-3-8 19:21


Bitcoin Plunges to Fresh Lows Under $8,400; $90 Million in BitMEX Longs Liquidated

Despite the strength seen earlier this week, Bitcoin started to plunge on Saturday. After printing a bearish “Darth Maul” candle that resulted in a crucial reversal at $9,200, the cryptocurrency has trended lower and lower, falling as low as $8,325 just minutes ago as of the time of writing this article. This marks a nearly... дальше »

2020-3-8 18:46


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3 Reasons Why An Analyst Thinks Bitcoin Will Plunge Below $6,400

While Bitcoin remains up in 2019, outperforming effectively all other assets except for altcoins and Tesla, market participants have been scared by the recent reversal. In fact, one popular cryptocurrency trader, who called the bearish reversal quite well over the past few days, has warned that the macro BTC bottom might not have been established at $6,400 in December. дальше »

2020-2-27 19:59


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Bitcoin Could See an Intense Reversal if It Breaks Below this Critical Level

Bitcoin has been caught within the throes of intense turbulence over the past day, with the cryptocurrency incurring a violent selloff yesterday that sent it reeling from $10,200 to lows of $9,200. In the time since this capitulatory drop, Bitcoin has been able to climb higher, and its early-morning volatility seems to suggest that bulls and bears are currently engaged in an intense battle for control over the cryptocurrency. дальше »

2020-2-20 20:24


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Has the New Bitcoin Bull Market Officially Begun?

Bitcoin’s status as an uncorrelated asset makes it extremely difficult to gauge the timing of the market cycle. Its volatility makes it easy for traders to get pump-faked and get liquidated when the market takes an unexpected reversal, so, are we finally in a bull market? Are We in a Bitcoin Bull Market? Benjamin Cowen, a trader who goes by intothecryptoverse on Twitter, has released a video where he addresses Bitcoin’s recent bullish price actionRead More дальше »

2020-2-16 19:00


Alt Season Cancelled: XRP, Ethereum, and Litecoin All Trigger Sell Signal

Ever since the clock first struck midnight turning into the new year, altcoins like XRP, Ethereum, Litecoin, and many others have been tearing up the price charts and going on massive price rallies. But those rallies have now triggered a sequence of candlesticks that according to a world-renowned market analyst typically result in a reversal... The post appeared first on NewsBTC. дальше »

2020-2-5 20:00


XRP’s Intense 750-Day Bear Market is About to End; Fireworks Imminent

Although XRP was one of the worst performing major altcoins in 2019, it may be the dark-horse of 2020, as the crypto is on the cusp of breaking an intense 750-day downtrend. The break of this long-respected descending resistance line could spark a massive trend reversal that places the embattled cryptocurrency firmly in the throes... The post appeared first on NewsBTC. дальше »

2020-2-3 01:00