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Parabolic Bitcoin Indicator Points To Dangerous Collapse To Below $20K

Bitcoin price is in a downtrend, after spending nearly a full year in a parabolic uptrend. An indicator bearing the “parabolic” name on monthly timeframes has given a signal, that according to past instances, has always resulted in a catastrophic fall in the top cryptocurrency by market cap. Even if the resulting selloff ends up […] дальше »

2021-6-26 21:58


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While bitcoin struggles, XRP continues to rise: should you buy XRP now?

XRP (XRP/USD) has gained 10% on Tuesday and was seen trading above $1.60. Just one month ago XRP price was at $1.32, which means that it is also up more than 20% over the past month.  Why is XRP benefiting from buying momentum amid a broader selloff in cryptocurrencies? Let’s take a look and then […] The post While bitcoin struggles, XRP continues to rise: should you buy XRP now? appeared first on Invezz. дальше »

2021-5-19 21:28


Bitcoin Technicals Overheated, But Bullish Fundamentals Remain Unfazed

Bitcoin price is currently reeling due to a series of rejections above $60,000. After such a powerful impulse upward, technicals are severely overheated and beginning to turn down. But regardless of any technical-driven selloff that might result, such continued bullish fundamentals in the leading cryptocurrency by market cap could keep prices from going too low, […] дальше »

2021-3-24 23:00


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Bitcoin Sees Mounting Strength as Next Parabolic Wave Begins

Bitcoin has seen some promising signs of strength throughout the past few days and weeks The cryptocurrency has secured what appears to be a strong foothold above $50,000, which comes as many altcoins show signs of immense strength Where the market trends next will undoubtedly depend largely on whether or not BTC can maintain its present stability Any sharp decline from here could drag the entire market lower and lead to a cascading selloff However, […] дальше »

2021-2-19 23:00


$600 Million: MicroStrategy Announces Plan to Raise Money to Buy More Bitcoin

Bitcoin has seen some mixed price action over the past couple of days, first seeing a massive selloff before testing new highs of over $50,000 The cryptocurrency has since erased these highs and plunged lower, with bulls failing to take firm control of its price action This has taken a toll on altcoins, with many seeing notable losses as the benchmark crypto continues regaining some recently lost market dominance Although its price action may look […] дальше »

2021-2-16 21:00


Bitcoin Clears Key Range as Analysts Eye Move to $55,000 in Near-Term

Bitcoin saw some wild price action yesterday on the heels of news surrounding Tesla’s massive $1.5b Bitcoin purchase The crypto instantly rallied from the upper-$30,000 region to highs of $45,000 before it found some resistance Following a brief consolidation phase and slight selloff, the crypto kicked off round two of its uptrend later in the afternoon, surging to fresh all-time highs of $48,000 Its price now seems to be fairly stable and isn’t showing any […] дальше »

2021-2-10 21:00


Bitcoin Posts Massive Overnight Rebound, But Bulls Aren’t in the Clear Yet

It has been a wild past 24 hours for Bitcoin, with the benchmark cryptocurrency seeing one of the most intense selloffs it has seen in quite some time yesterday Following a slow grind lower that had taken place throughout the past few days, BTC eventually saw a capitulatory selloff that sent its price plunging to lows of nearly $28,000 At this point, many investors were clearly panic selling, as funding for short positions rocketing and […] дальше »

2021-1-23 23:00


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Bitcoin Tests a Critical Resistance Following Overnight Rebound; What’s Next?

Bitcoin has seen some massive momentum throughout the morning that has allowed it to erase a good portion of the losses that came about due to yesterday’s plunge This selloff marked capitulation amongst investors, with many clearly fearing that the multi-month uptrend that led BTC to highs of $42,000 was over and that a deep […] дальше »

2021-1-22 19:00