3 reasons traders now expect Bitcoin hitting $13K before a new rally

3 reasons traders now expect Bitcoin hitting $13K before a new rally
фото показано с : cointelegraph.com

2020-11-28 16:00

A few Bitcoin traders expect now expect a deeper correction but data suggests that a relief rally toward $18,000 should not be ruled out. origin »

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expect rally bitcoin traders toward should relief

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The Ethereum Investment Case Has This Unexpected Achilles’ Heel

With the next crypto bull run on the horizon, investors have speculated that Ethereum will be one of this cycle’s best investments. As reported by Bitcoinist previously, Chris Burniske, a partner at Placeholder Capital, said that he thinks Ethereum could rally to $7,500 in the coming years: “If BTC goes > $50,000 in the next cycle, and ETHBTC returns to its former ATH, then expect to see ETH > $7,500. To the mainstream ETH will be […]

2020-6-15 13:00


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Analyst: Bitcoin (BTC) Will Explode To $100,000 And ‘There’s Nothing You Can Do About It’

Bitcoin’s latest rally is breathing new life into proponents’ overall outlook. The crypto-asset has firmly surmounted resistance level after resistance level, recently breaching $9,300. As the halving draws closer, bulls are making their prognostications about where they expect the bitcoin price to go in the coming months.

2020-5-7 16:22


Bitcoin Just Surged to $8,950: Here’s Why Analysts Expect a Bigger Price Explosion

After falling as low as $8,200 late last week, Bitcoin (BTC) has recently started to mount an extremely strong recovery, bouncing after the 11% correction seen after a 43% rally. Just minutes ago as of the time of writing this article, the leading cryptocurrency hit $8,950, falling just shy of the key $9,000 level as... The post appeared first on NewsBTC.

2020-1-28 23:00


Ravencoin (RVN) Price Prediction 2019 – Could The Mini Rally Turn Into A Real Surge? (June 2nd Update)

4H RVNBTC As forecasted in our last update, RVN’s falling wedge played out perfectly and RVN did a solid run, from 650 sats to 850 sats. It seems that RVN is forming a declining wedge on this timeframe and we could expect a nice jump for RVN, the target would be the confluence of two […] The post Ravencoin (RVN) Price Prediction 2019 – Could The Mini Rally Turn Into A Real Surge? (June 2nd Update) appeared first on CaptainAltcoin.

2019-6-2 04:55


Despite Crypto Comeback, Prominent Investor Doesn’t Expect Ethereum 2.0 Until 2021

Over the past weeks, crypto has returned to the limelight. Bitcoin, Ethereum (ETH), amongst other digital assets have absolutely surged. While no specific fundamental factors have been pinned to the recent rally, it is widely believed that certain bits of news, like Fidelity’s institutional platform and Ethereum starting a Proof of Stake (PoS) integration, has.

2019-5-12 02:30


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Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume.

2019-3-19 01:17


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Bitcoin Price Analysis: Bullish Setups Could Break Current Market Structure

The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However, it is nicely consolidating on lower time frames and hints toward the possibility of another leg up:Figure 1: BTC-USD, Hourly Candles, Consolidating PennantThe pattern shown in Figure 1 outlines a potential continuation pattern called a “bullish pennant.

2019-2-23 02:23


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Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test

Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:Figure 1: BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months.

2019-2-20 01:38


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Bitcoin Price Analysis: After Sudden Upswing, Bitcoin Price Drifts Downward

Last week, we saw a violent move to the upside as bitcoin rallied 11% over the course of one day. Since peaking in the upper $3,600s, bitcoin has seen close to zero bullish follow-through, and the price has begun to drift downward over the course of the last week:Figure 1: BTC-USD, Hourly Candles, Downward DriftDownward-drifting markets like this can often be a sign that distribution is taking place.

2019-2-15 00:21