These Factors All Suggest Bitcoin is Poised to Explode Past $16,000

Bitcoin has been seeing some slight turbulence over the past few hours on news of Pfizer developing a highly effective vaccine Initially, this news sent BTC’s price inching lower, but it has since shown signs of strength as buyers absorb sell orders It remains unclear as to whether or not this news, and the ongoing stock market rally, will bode well for the cryptocurrency in the days and weeks ahead If BTC continues trading like […] дальше »

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Aave surges by 25% as DeFi bulls return

The DeFi sector saw rapid, continuous growth throughout the year, and especially during the summer of 2020. However, as the summer ended, it appeared as if the DeFi sector started losing its strength. дальше »

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Chainlink is About to Shatter a Crucial Resistance Level as Analysts Eye $13+

Chainlink has been flashing signs of immense strength throughout the past few days, rebounding from its recent lows alongside Ethereum and the aggregated DeFi sector. Most of the cryptocurrencies associated with decentralized finance have posted large gains throughout the past couple of days, primarily coming about following Yearn. дальше »

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Analysts Eye Multi-Month Bitcoin Accumulation Phase as Bears Weaken

Bitcoin is flashing immense signs of strength today, with its rebound from yesterday’s decline to $14,400 being an impressive display of bulls’ current control of the asset This rebound has significantly bolstered its technical outlook and only further confirms what many have already suspected – dips are for buying in this market environment One analyst is now noting that Bitcoin could soon start an accumulation phase before it can make a bid at setting fresh […] дальше »

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Whales Flip Long on Bitcoin While Retail Remains Sidelined; A Bullish Sign?

Bitcoin has been flashing signs of strength today as it rebounds from an intense selloff seen yesterday. Its reaction to this dip proves that this is a firm bull market, as each bout of selling pressure is met with serious buy-side pressure that slows its descent and helps lead it to see further upside. Where […] дальше »

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Ethereum Could Soon Target $800 as Macro Market Structure Builds Strength

Ethereum and the aggregated cryptocurrency market has been seeing immense volatility as of late Yesterday, ETH declined to lows of $427 before finding some strong support that slowed its descent and sparked a sharp rebound The cryptocurrency has been trying to confirm $450 as a level of support throughout the past few days, as this is a crucial level that must be held above for it to see further upside Where the market trends next […] дальше »

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Bitcoin Likely to Retest Highs as Bulls Erase Yesterday’s Losses

Bitcoin is seeing some immense strength today as its price rallies past $15,000 once again The cryptocurrency has been struggling to hold above this level after it faced an intense influx of selling pressure at $16,000 The rejection here wasn’t too intense, however, as Bitcoin’s latest pullback was short-lived and followed by immense upside Where it trends next will likely depend largely on how strong of support bulls can build at $15,000 If it breaks […] дальше »

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Why Growing Legitimacy Will Help to Sustain The Next Bitcoin Bull Run

Bitcoin’s incredible performance over the past four weeks sees it reach just shy of $16k. While the market has since regrouped for a breather, the show of strength from the number one cryptocurrency has many wondering if we are on the cusp of a major bull run. дальше »

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Ethereum is Defying a 3 Year Market Structure; Claims Early Investor

Ethereum is currently expressing some immense signs of strength as the cryptocurrency rallies higher while Bitcoin drifts lower. This is the first time in weeks that the cryptocurrency has risen while Bitcoin’s price drifts lower. дальше »

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Here’s the Current Political Event That’s Driving Bitcoin Higher: Economist

Bitcoin has rapidly become a macro asset throughout the past few weeks and months, with the crypto trading largely based on global economic trends and events This has greatly benefited the cryptocurrency as of late, with a combination of stock market strength, weakness in the Dollar, and some economic uncertainty in the future all bolstering it One economist is now noting that there is one crucial economic event that will likely guide Bitcoin’s price action […] дальше »

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XRP Just Tapped a Pivotal Level; Could It Soon Reverse Its Underperformance?

The altcoin market has seen such a strong rebound today that even XRP has posted some gains. Despite seeing a slight climb today, the cryptocurrency remains trapped within the range it has been caught within throughout the past few months and years, with buyers unable to surmount the lower-$0. дальше »

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It’s the “Moment of Truth” for Chainlink as Price Taps Key Parabolic Trendline

Chainlink has flashed some immense signs of strength throughout the past few days, with the cryptocurrency rallying towards its $12. 00 resistance as its price continues seeing immense upwards momentum. дальше »

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Analyst: Ethereum is About to Follow Bitcoin and See a Parabolic Move

Following a prolonged period of Ethereum severely underperforming Bitcoin and the rest of the crypto market, it is finally reversing this trend ETH has been able to post massive gains throughout the past 24-hours, surging beyond multiple key resistance zones as bulls aim at breaking above $450 This has revitalized the aggregated altcoin market, with DeFi tokens being particularly impacted by Ethereum’s strength These digital assets are now seeing their first signs of ending their […] дальше »

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OCEAN Falls Back to Support and Shows Strength

The Ocean Protocol (OCEAN) price is in the process of validating an important area as support. As long as the price is trading above this level, the trend is considered bullish. On the contrary, the OCEAN/BTC pair looks bearish unless it can break out above a descending resistance line that’s been holding it back. дальше »

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Bitcoin Smacks Three of America’s Biggest Finance Firms to Sit at First Place in Market Valuation

Bitcoin’s evolution as an asset of great value has been reflected many times in the swiftness at which the asset has surpassed a large number of already existing firms in the financial industry. Against other assets that have taken the title as “store of value,’ Bitcoin has also shown immense strength in adding and retaining […] дальше »

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Yearn.finance (YFI) Faces Drop to $9,000 as Technicals Remain Weak

Yearn. finance (YFI) has continued to plunge lower despite strength in the Bitcoin price. While BTC crossed above $14,000 once again on Tuesday, the price of the popular altcoin plunged toward $9,000. дальше »

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It Could Soon Be “Go Time” if Bitcoin Breaks One Crucial Level

Bitcoin has been flashing some subtle signs of strength heading into election day, as bulls were able to push it from $13,400 to $13,700 earlier today before it began facing some resistance Its price action as of late has marked consolidation, and it doesn’t appear that analysts will have a clear idea of where it is heading next until after the election Some believe that the results of the presidential race will have far-reaching impacts […] дальше »

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Bitcoin Flirts with $14,000 as America Decides

Bitcoin is holding the $13,000 something range and may well overtake $14,000 again with the crypto showing some considerable strength. For now however it is somewhat stable as all eyes... дальше »

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Crucial Ethereum Price Fractal Predicts Surge Toward $430

Ethereum has seen weak price action over the past few days despite strength in the Bitcoin price, which has managed to hold above the low-$13,000s for an extended period of time. Ethereum currently trades for $383, down nearly 3% in the past 24 hours. дальше »

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Ethereum Fails to Post Bullish Monthly Close, Opening the Gates for Downside

Ethereum’s trend of underperformance against Bitcoin has persisted and is showing few signs of changing anytime soon The cryptocurrency has been unable to match the strength seen by BTC over the past few weeks, and it is still trading below its key $400 resistance level Where it trends in the near-term depends largely on Bitcoin’s reaction to $14,000, as a break above this level could send the entire market flying higher One analyst is now […] дальше »

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Expect Bitcoin to Break $14,000 Once Altcoin Bleeding Ends: Analyst

It’s been a brutal past few days and weeks for altcoins despite Bitcoin’s strength. Top digital assets aside from BTC have plunged a handful of percent, even dozens of percent, against the U. дальше »

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Ethereum Reaches Bedrock Support Against BTC as Sellers Run Out of Fuel

Ethereum is in the process of trying to reclaim its key $380 support level following a brief dip below it earlier today. The cryptocurrency has been struggling to gain any momentum despite the intense strength seen by Bitcoin as of late, which is currently grinding up towards its key resistance at $13,800 as buyers maintain […] дальше »

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Price analysis 10/30: BTC, ETH, XRP, BCH, LINK, BNB, DOT, LTC, BSV, ADA

Bitcoin’s consolidation near a key overhead resistance is a sign of strength but the technical structure of most altcoins has weakened. дальше »

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Analyst: Altcoin Downside Extremely Limited as Bitcoin Remains Stable

Bitcoin has been stable in the time following its $13,800 rejection, with bulls gaining some momentum as the cryptocurrency flashes continued signs of strength Although it is not showing any overt signs of weakness at the moment, altcoins have been capitulating throughout the past few days and weeks, with many posting immense losses Analysts are now noting that altcoins may be in the process of forming mid-term bottoms One trader is noting that downside on […] дальше »

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The “Sky is the Limit” for Bitcoin as Weekly Close Shatters the Bear Case

Bitcoin has seen some incredible strength throughout the past couple of weeks, with the confluence of a strong market structure and an undercurrent of positive developments both helping to drive it higher. дальше »

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Bitcoin gaining strength in these 7 countries impacts its long game

Bitcoin, the world's largest cryptocurrency, recently hit a new ATH in 7 countries. Soon, it is likely that other countries will catch up too. In Brazil, Turkey, Argentina, Sudan, Angola, Venezuela, aThe post Bitcoin gaining strength in these 7 countries impacts its long game appeared first on AMBCrypto. дальше »

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Chainlink Rallies Higher as Analysts Expect Further Mid-Term Upside

Chainlink has seen one of the strongest rebounds from its recent lows across the aggregated altcoin market, with its price rocketing higher as investors begin rotating capital into “risk-on” assets as Bitcoin and Ethereum show signs of strength. дальше »

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Bitcoin’s Stock Market Correlation Just Hit Zero for the First Time Since May

Bitcoin is now caught within an intense uptrend that has sent its price rocketing up to fresh yearly highs, with bulls currently testing these highs as they target further upside This strength has come about due to the confluence of multiple positive news developments and has allowed BTC to far outperform the stock market One bullish result of this recent rally has been Bitcoin’s correlation with the stock market diving to zero This correlation previously […] дальше »

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Analyst: Ethereum is Poised to Rally Past $430 Despite Consolidation

Ethereum has been showing tremendous signs of strength as it begins moving in lockstep with Bitcoin Despite seeing a selloff on the first day that Bitcoin started rallying, ETH quickly reshaped its previously close correlation with BTC and began surging This surge led its price all the way up to highs of $420 yesterday, which is where it found some slight resistance One analyst believes that this resistance will be swiftly surmounted in the near-term […] дальше »

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Trail of Destruction: Bitcoin’s $13,000 Rally Liquidated $360m in Short Positions

Bitcoin’s price has stabilized at just below $13,000 following its immense surge seen yesterday The cryptocurrency has been flashing continued signs of strength as of late, and its ability to maintain its recent gains is decisively bullish While looking back on the aftermath of yesterday’s move, its magnitude and influence over the market grows clear According to one data platform, a total of $360 million in BTC short positions were liquidated throughout the course of […] дальше »

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Exchange Inflows from Bitcoin Whales Spike as Analysts Expect Selloff

Bitcoin has been expressing tremendous strength throughout the past few days, with its price seeing an unrelenting uptrend that has allowed it to surmount multiple strong resistance levels and flip them into support. дальше »

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Bitcoin Overbought Above $12K But Analysts Understate Drop Fears

Bitcoin rose above $12,000 on Wednesday for the first time since August 2020 but signaled an imminent price correction as it entered a so-called “overbought” area. The readings on Bitcoin’s 14-day Relative Strength Index pushed above 70, a level above which an asset’s bullish trend is considered overstretched. дальше »

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Analysts Think Ethereum’s Bull Trend is “Just Getting Started” Despite Selloff

Ethereum has plunged today despite the strength seen by Bitcoin ETH’s ongoing descent has sent shockwaves throughout the market, creating a tailwind that has adversely impacted most other altcoins This intense selling pressure isn’t showing any signs of letting up today, but it is important to note that there’s still a chance that an upside movement is brewing One analyst is pointing to ETH’s Renko chart with a Guppy indicator, noting that it appears to […] дальше »

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Bitcoin showing strength above $11,400

Keeping prices above $11,400 is important if bulls need to break $11,600 – the...

The post Bitcoin showing strength above $11,400 appeared first on Coin Journal.

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This Indicator With an 80% Strike Rate Just Flashed a Bullish Sign for Bitcoin

Bitcoin and the aggregated crypto market have been struggling to gain any significant momentum BTC has pushed off of its recent lows, however, it remains in a somewhat precarious position as its price continues trading sideways Where it trends next will likely depend largely on the stock market, which has had intense influence over its price action Still, its independent strength remains, as most on-chain indicators are flashing bullish signs One analyst is now noting […] дальше »

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Do or Die: Ethereum Tests Critical Support Region as Bears Try to Regain Control

Ethereum has been struggling to garner any technical strength in the time following its dip below $380 This is a critical level that has determined its trends in the past, and the break below it is quite bearish Where the entire market trends next will likely depend on Bitcoin, but any near-term BTC downside could force ETH below a critical support level It is currently trading just a hair above this level, and one analyst […] дальше »

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Macro Strength: Bitcoin’s Price Moves Higher Despite Plethora of Bad News

Bitcoin faced some intense selling pressure yesterday evening after news broke regarding the founder of OKEx being arrested by the Chinese authorities This is simply another set of news that has rocked the crypto market, but its impacts on Bitcoin’s price action has been surprisingly muted It does not appear that investors aren’t too concerned that the prospect of OKEx users losing their BTC will strike a blow to the crypto’s technical outlook Some analysts […] дальше »

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Here’s How High Bitcoin May Rally Before Losing Steam

Bitcoin’s price has been showing signs of strength as its consolidation phase continues Although its upwards momentum has faltered, its current stability within the mid-$11,000 region is promising, as it points to some underlying strength amongst bulls Where the cryptocurrency trends in the near-term will likely depend primarily on its reaction to a couple of key levels One analyst is noting that a strong upside movement could be imminent in the near-term That being said, […] дальше »

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This Whale Trend Indicates a Flood of Retail Investors Will Soon Launch Bitcoin Higher

Bitcoin’s price action as of late is finally beginning to reflect the fundamental strength incurred throughout the past several months Virtually all on-chain metrics are currently playing in bulls’ favor, while other fundamental developments – like the adoption of BTC as a reserve asset – also give it a boost This fundamental strength may be what helped lead the cryptocurrency up from recent lows of $9,900 to highs of $11,700 that were tapped just days […] дальше »

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Bitcoin’s Market Structure Indicates a Massive Move Higher is on the Horizon

Bitcoin and the entire crypto market are once again consolidating following the latest push higher, with bulls being unable to firmly push BTC over any key levels The cryptocurrency is incurring mounting technical strength, however, which comes as it stabilizes around $11,500 Where the market trends next will likely depend on the cryptocurrency’s continued reaction to its $11,600 resistance If broken above, this level may ignite a massive BTC rally that sends it past $12,000 […] дальше »

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Data: Retail Interest in Bitcoin Peaked Just Before 13% August Flash Crash

Bitcoin’s price has rebounded following a brief selloff seen earlier today that caused it to dip as low as $11,200 The cryptocurrency’s recent strength has come about due to the confluence of multiple factors that have all been helping to drive it higher It remains roughly $1,000 below its 2020 highs that were set in August, however, and there’s still a plethora of underwater investors Data reveals that retail interest in buying Bitcoin seemed to […] дальше »

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Price analysis 10/12: BTC, ETH, XRP, BCH, BNB, LINK, DOT, ADA, LTC, CRO

Bitcoin’s strength above the $11,500 multi-year resistance is also pulling many altcoin prices higher.

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Bitcoin Likely to Reach $12,000 Following Robust Weekly Close, Claims Trader

Bitcoin’s price has been sliding lower throughout the past few hours due to its stalling momentum This decline is occurring directly following an incredibly bullish weekly candle close posted by the cryptocurrency Analysts believe that this close will provide it with some serious strength going forward, potentially putting a firm end to its recent downtrend It is important to note that there is a CME gap that exists around $11,100, which may act as a […] дальше »

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Cosmos (ATOM) price could gain over 20% in October

Cosmos (ATOM) price is trading in an impressive form as it gained over 30% since October 07. The price action created a specific chart pattern that could extend the current rally for over 20%. Fundamental analysis: Stargate upgrade to enhance strength Cosmos has announced a new 3-month bug bounty and it doubled its rewards ahead of the forthcoming Stargate upgrade in an effort to enhance its robustness. дальше »

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Bitcoin’s “Crucial” Weekly Close Nears as BTC Hovers Above Key Level

Bitcoin’s price is largely stagnant in the time following its strong move up to $11,400 This consolidation is bullish because it shows that bulls have enough strength to remain in control of BTC’s near-term trend The key resistance to watch in the near-term sits at $11,600. дальше »

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Dapper Labs Raises $18M in Token Sale for NFT-Centric Flow Blockchain

Dapper Labs has closed an $18 million token sale on the strength of its latest collectibles game, NBA Top Shot. дальше »

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Yearn.Finance’s Creator Says He’s Quit DeFi, but Project Has Bench Strength

Andre Cronje, the prolific coder and creator of Yearn, said he's quit the project – and decentralized finance (DeFi) altogether – out of frustration with its realities. дальше »

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These 3 Factors Suggest Bitcoin Could Be Starting a Fresh Bull Run

Bitcoin and the entire crypto market have seen some intense strength throughout the past day, which has come about as a result of news regarding Square’s acquisition of Bitcoin worth $50 million that will be held on their balance sheets. дальше »

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Bitcoin Network Momentum Suffers from Era of Layer 2 Dominance

Bitcoin’s fundamental outlook has been growing by leaps and bounds throughout the past year, with the vast majority of on-chain metrics pointing to mounting underlying strength. One such metric, however, that has not shown any signs of intense strength is the cryptocurrency’s network momentum, which has remained stagnant throughout the past few days and weeks. […] дальше »

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On-Chain Analyst: Bitcoin’s Price Not Accurately Reflecting Fundamental Strength

Bitcoin’s price action as of late has done little to offer investors with insight into its mid-term outlook. BTC has been trading squarely between the lower and upper boundaries of its long-held trading range between $10,200 and $11,200. дальше »

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