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Bitcoin Decouples from Gold, Stocks after Overnight Sell-Off, What’s Next?

Bitcoin did its own thing during the late Monday trading session. The benchmark cryptocurrency plunged suddenly towards $10,600 after maintaining intraday gains above the $10,800-support all day. The sell-off appeared despite a healthier macroeconomic outlook led by signs of progress in the release of the second COVID-19 stimulus package. дальше »

2020-9-29 08:14


Ethereum’s “Resilience” Suggests That a Massive Move Higher is Brewing

Bitcoin has been guiding the entire market higher, which has provided a tailwind for Ethereum that has lifted it higher as well The cryptocurrency is now pushing towards its high time frame resistance zone between $380 and $400 How it responds to this level – should it be tested in the near-term – will offer insights into its outlook One analyst is noting that ETH is showing some positive signs of resilience following its recent […] дальше »

2020-9-29 23:00


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Ethereum has Yet to Reach a Critical Support Zone; Will It Tap $300?

Ethereum’s price action has been nearly identical to that of Bitcoin throughout the past couple of days This caused the crypto to dip as low as $318 yesterday, at which point buyers stepped up and catalyzed from strong momentum This pushed the cryptocurrency up to highs of $340, which is where it found some resistance ETH is now caught within a bout of sideways trading, and its price is offering few signs of clarity to […] дальше »

2020-9-25 00:00


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Ethereum Weakens as Analysts Eye Possibility of Major Downside

Ethereum is showing some signs of weakness as its price trades below $380 Breaking above this level was a significant technical development that caused many analysts and traders to flip bullish on the crypto As its weekly candle close fast approaches, however, bears seem to be regaining control over its near-term outlook There’s a high probability that this will cause it to see further near-term downside, potentially striking a blow to its macro market structure […] дальше »

2020-9-21 22:00


The Stars are Aligning for Bitcoin as It Begins Forming an Ideal “Long Setup”

Bitcoin is currently bucking the market-wide downtrend and climbing higher, expressing immense signs of strength as it nears $11,000 It is important to note that there is some resistance within the lower-$11,000 region that it must surmount for it to see further upside One factor that may be driving its ongoing upswing is the flight to quality seen amongst traders It appears that investors are fleeing smaller altcoins and more speculative tokens in favor of […] дальше »

2020-9-17 02:00


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These 3 Factors Signal Bitcoin is Gearing Up to Make a Massive Push Higher

Bitcoin is currently the strongest major asset within the crypto market, expressing stability – and even bullishness – as its price trades just below the $11,000 region Bulls have been building up BTC’s momentum throughout the past few days, which comes as altcoins flash signs of weakness This means that the ongoing uptrend may be coming about as a result of a “flight to quality” as investors flee smaller tokens One trader is specifically pointing […] дальше »

2020-9-17 21:00


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Bitcoin Slows Its Bearish Momentum Following Daily Close; Factors to Consider

Bitcoin is currently flashing some notable signs of strength following the bout of weakness seen throughout the past couple of weeks. The cryptocurrency is far outperforming the altcoin market, with both major altcoins like Ethereum and Chainlink – as well as smaller ones – all flashing signs of immense weakness throughout the past several days […] дальше »

2020-9-17 19:00


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Bullish Case For Bitcoin: Profit Taking Turns Into Buying The Blood

Bitcoin price recently saw a $2,000 correction after months straight of surging. At the start of the selloff, signs pointed to profit-taking as the primary reason for the pullback. However, after greed turned to fear, big-money investors have begun buying the blood right out from under investors who are panic-selling the cryptocurrency at a loss. […] дальше »

2020-9-16 03:00


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Analyst: Chainlink Looks “Weak and Heavy” as It Flashes Signs of Bearishness

Chainlink has witnessed some intense selling pressure throughout the past couple of days, with the cryptocurrency being unable to mirror the gains seen by Bitcoin today. These losses have struck a blow to its technical outlook, potentially opening the gates for it to see further downside in the coming weeks and months. While speaking about […] дальше »

2020-9-16 02:00


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Bitcoin’s Market Structure Shapes Up as Bulls Defend Critical Price Level

Bitcoin is currently expressing some immense signs of strength as its price trades above $10,600 This marks a decisive break above the $10,500 resistance level that was previously suppressing its price action Because bulls were able to break above this effort this morning, it does appear that the benchmark cryptocurrency may be well-positioned to see further upside in the coming few hours and days The next region of interest for bulls sits around $11,000, as […] дальше »

2020-9-15 02:00


Bitcoin’s Price Action Shows Similarities to 2016; Pointing to a Bullish 2021

Bitcoin’s price has been flashing some major signs of weakness throughout the past few days, with bears continuing to defend against a break above $10,500 This weakness may soon be coming to an end, however, as buyers have now shattered the selling pressure that previously existed at this level While looking towards the asset’s near-term price action, one analyst explained that he sees some striking similarities to 2016 This comparison is bullish because it suggests […] дальше »

2020-9-15 21:00


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Traders Flip Short on Chainlink as It Flashes Some Major Warning Signs

Chainlink has been caught within a prolonged consolidation phase throughout the past few weeks, with the cryptocurrency largely trading between $12.00 and $12.70. This consolidation has done little to offer insights into its near-term outlook, as its bulls are still reeling from the damage done to its market structure following the $20.00 rejection. Analysts are […] дальше »

2020-9-13 04:00