Algorand could retest this supply area before another leg downward

The crypto market and the stock markets showed weakness in recent days. Bitcoin was unable to find strong buyers at the $40k area and, after a few days of skirmishing the bears have come out on top.

360 +

Technical analyst says Bitcoin risks another 22% rout after snapping key level

The analyst says another leg down for Bitcoin could bring the $30,000 support level… The post Technical analyst says Bitcoin risks another 22% rout after snapping key level appeared first on Coin Journal.

356 +

Bitcoin Tops $69,000 On Inflation Data, Moon Mode Activated?

Digital gold is a reality despite its critics as Bitcoin reclaims the highs of its current level and makes a new all-time high at $69,000. As of press time, BTC’s price has experienced a minor setback but with the potential to take another leg up to $70,000.

420 +

Analyst: Shiba Inu (SHIB) likely to see a dead cat bounce

A 26% rebound to $0.000055 is possible before another leg down SHIB could plummet… The post Analyst: Shiba Inu (SHIB) likely to see a dead cat bounce appeared first on Coin Journal.

353 +

Where to buy Binance Coin as BNB readies for another leg of the rally

The Binance token is currently trading at $444 and the coin is up by…

The post Where to buy Binance Coin as BNB readies for another leg of the rally appeared first on Coin Journal.

460 +

Litecoin price analysis: LTC looks to rebound after crypto crash

Another leg down for Bitcoin (BTC) could however trigger further losses for LTC given… The post Litecoin price analysis: LTC looks to rebound after crypto crash appeared first on Coin Journal.

369 +

NFT Tokens Get Ready for Another Leg up – CHZ, ENJ

Chiliz (CHZ) is in the process of breaking out from a long-term descending parallel channe

The post NFT Tokens Get Ready for Another Leg up – CHZ, ENJ appeared first on BeInCrypto.

515 +

TA: Why Ethereum Looks Ready For Another Leg Lower Below $3K

Ethereum failed to clear the $3,200 resistance and declined further against the US Dollar. ETH price is now at a risk of more downsides below $3,050 and $3,000. Ethereum settled below the $3,200 pivot level and extended its decline.

498 +

Bitcoin Breakout Beyond $50K Brings Bull Market Fractal Back In View

Bitcoin price is back above $50,000 and its return to the key resistance level has brought a potential bull market fractal back into focus. The bullish fractal in question suggests that another leg up in the crypto bull cycle is coming, matching the epic 2013 rally grand finale.

440 +

TA: Why Ethereum (ETH) Looks Ready For Another Leg Higher Over $3K

Ethereum started a strong rally above the $2,550 resistance against the US Dollar. ETH price is now consolidating gains and it could rise further towards $3,000. Ethereum gained pace after it broke the key $2,550 resistance zone.

417 +

Bitcoin price completes leg down to $37.4K as key indicator hits record ‘oversold’ level

Another slight decline sees Bitcoin at a crossroads as sellers erode a major exchange buy wall.

466 +

Lifelong Technician, Fidelity Director Breaks Down The Bitcoin Correction

Bitcoin price is trading at below $40,000, down more than 40% from recent highs but above the low of around $30,000 per coin. The market is a state of confusion, wondering if the correction is over or if another leg down is necessary before it is all said and done.

425 +

Gann Price-Time Analysis Points To Massive Ethereum Leg Higher

Ethereum is outperforming Bitcoin, rising as the top cryptocurrency sinks further. This type of change in the weather in crypto between Bitcoin and altcoins has come and gone in the past, and another altcoin season could finally be here.

423 +

Cardano, Bitcoin SV, Compound Price Analysis: 11 April

Cardano saw a trend of falling trade volume that showed a market possibly in a phase of distribution. However, in this bull market, another leg upward can not be discounted. Bitcoin SV formed a bearisThe post Cardano, Bitcoin SV, Compound Price Analysis: 11 April appeared first on AMBCrypto.

529 +

VeChain, Chiliz, Ontology Price Analysis: 29 March

VeChain formed a range after the bullish performance in recent weeks. Chiliz saw massive swings in recent days but long-term traders would look for a climb past $0. 6 to signal another leg upward.

505 +

Bitcoin’s lower lows worry traders — But is the BTC bull market really in danger?

Bitcoin bounced off the $53,000 support, but another leg down should not be ruled out in the near term.

373 +

Bitcoin futures break $50K: Why BTC price is primed for another leg up

The price of Bitcoin broke $50,000 on futures exchanges, and several data points suggest the U.S. session could see the rally continue.

337 +

Bitcoin Sets New All-Time High on Heels of OTC Buying Frenzy

Bitcoin and the aggregated cryptocurrency market are caught within another leg higher, with bulls staying in full control of the market This uptrend comes shortly after an intense selloff seen yesterday evening, which came as a result of incredibly high funding rates on margin trading platforms The move lower reset these funding rates and cleared out “late longs” – which laid the groundwork for a move higher One analyst explained in a recent tweet that […]

576 +

XRP Prepares for Another Leg Up, Bulls Target $1

486 +

Why This Analyst Sees Even More Downside For Bitcoin Price Before Any Real Recovery

We know Bitcoin is flat and trading sideways. Today, BTC had another leg down and rejection dropping to $9,200 on most exchanges, and basically giving away all the gains from June 22. The daily uptrend is still in play until the $9,170 level is lost, the last higher low. Buyers can still turn it around […]

458 +

Bitcoin Dominance Bear Flag Nears Breakdown, But 58% Level Remains Barrier To Altcoin Season

A bearish chart formation has appeared on Bitcoin dominance that could lead to another leg down and rebound in altcoin/BTC pairs. However, the 58% level could remain a barrier, keeping a full-blown altcoin season from occurring for quite some time longer.

505 +

Bitcoin Dumps, Finds Support Above $9,300

The Bitcoin price has broken down from an ascending triangle. While it has bounced at the minor support area at $9,350, the most likely scenario is another downward leg towards $9,000. Ascending Triangle The Bitcoin price had been trading inside an ascending channel since May 14.

507 +

Fed Pledges Additional Stimulus, Adding Fuel to Bitcoin and Gold’s Momentum

As the United States Fed prepares to issue additional stimulus and economic relief efforts, assets like Bitcoin and Gold are gearing up for yet another leg up. How will the latest move to save the economy from a devastating depression impact these two, scarce, safe-haven assets in the days ahead? Federal Reserve Delivers Somber News About Economy, Pledges More Stimulus If Necessary This morning, Federal Reserve Chairman addressed the world via a webcast and revealed […]

568 +

Analysis of Bitcoin addresses shows that BTC is about to tap a massive resistance region

Bitcoin saw a notable overnight upswing that allowed it to rally past the heavy resistance that had previously been established around $9,200. The break above this level has led investors to become increasingly bullish as it grows ever more likely that BTC is about to start forming another leg up.

456 +

Bitcoin Dominance Climbs, Leaving Altcoins Vulnerable to New Leg Down

Bitcoin dominance broke down recently from a long-term trend line, potentially signaling that an altcoin season would soon be upon us. However, Bitcoin’s latest surge ahead of its halving has caused BTC dominance to reclaim the trend line, leaving altcoins vulnerable to another devastating leg down.

610 +

Ripple (XRP) Looks Ready For Another Leg Higher Over $0.20

Ripple is currently correcting lower from the $0. 2000 support against the US Dollar. XRP price is likely to start a fresh increase unless there is a clear break below $0. 1920. Ripple price is correcting lower from the $0.

554 +

Cryptocurrency News Roundup for April 9, 2020

After sailing smoothly above the support level around $7,000 for a bit, Bitcoin suddenly retreated to the high-$6,000s in the early hours on Friday. A correction at this point is to be expected, but traders are on the edges of their seats waiting to see if BTC can handle another leg up.

623 +

Ethereum Looks Ready For Another Leg Higher Over $175

Ethereum is consolidating gains above the $170 and $165 support levels against the US Dollar. ETH price is likely setting up for another leg higher over the $175 resistance area. Ethereum is showing a few positive signs above the $170 support level.

563 +

Dow Outlook Darkens as Travel Ban Threatens Stock Market Crash – Again

The Dow Jones faces a rough open as global travel bans threaten to trigger another leg lower in 2020's astonishing stock market crash. The post Dow Outlook Darkens as Travel Ban Threatens Stock Market Crash – Again appeared first on CCN.com

382 +

Bitcoin will be Just Fine, Here’s Why a 45% Crash is Still a Buy the Dip Opportunity

In a crypto carnage yesterday, Bitcoin price lost about 45% of its value, falling to one year low of $3,850. Currently, we are back above $5,200, nearing $5,500 but the market still remains fearful of what’s to come now, go another leg lower, range at current levels or make our way back. As Michael Arrington, […]

474 +

3 Crucial Reasons Why Bitcoin Could Soon Surge Higher From $8,500

Over the past few days, Bitcoin has finally stabilized after the strong price crash seen on Sunday through Wednesday that took BTC from $10,000 to $8,400. While some analysts fear that this consolidation is a precursor to another leg lower, referencing the fact that assets never trend in a straight line, there’s a case building that this is consolidation is indicative of a bottom.

463 +

Litecoin is About to See Exponential Gains Because of This Pattern

Litecoin’s 2020 rally has begun to reach a fever pitch as the crypto shows signs of entering yet another upwards leg that allows LTC to set fresh year-to-date highs. Litecoin’s rally over the past several weeks has allowed it to put significant distance between its recent lows of $50 and its current price of just... The post appeared first on NewsBTC.

442 +

These Factors Suggest Bitcoin Cash’s Recent Rally is Just Getting Started

The past week has proven to be highly bullish for the controversial Bitcoin hard fork Bitcoin Cash (BCH). This cryptocurrency was able to post a meteoric surge just a few days ago in tandem with the upswing incurred by the altcoin markets, and it appears to be on the cusp of forming another massive leg... The post appeared first on NewsBTC.

354 +

Why Bitcoin’s Hash Rate High Suggests Price Explosion On Horizon

Bitcoin (BTC) hasn’t done too hot over the past few months, plunging some 50% since the June top of $14,000. The selling has stopped over the past few weeks, with the price of the leading cryptocurrency flatlining in the low-$7,000s, leading some to suggest that another leg lower is possible.

455 +

Bitcoin Analysis for 2019-12-25 [Premium Analysis]

The Bitcoin price has fallen to a minor support area at $7200, validating the previous descending resistance line. There are expectations that the price will complete another leg upward towards $7800.

422 +

Bitcoin (BTC) On Verge Of Full-On Bull Rally If Historical Signal Has Merit

Bitcoin Ready To Run Bitcoin (BTC) has finally begun another leg higher. After failing to surmount $8,300 for two weeks, the cryptocurrency suddenly burst from $8,000 on Sunday, rocketing to $8,900 in under an hour.

404 +

Bitcoin Price Watch: Detailed BTC Chart Analysis Reveals USD Value Could Shoot Up Another Leg

It appears that our forecasted price action from the last Bitcoin price analysis has played out successfully. So, we’re going to go ahead and look at Bitcoin for the future going forward. Bitcoin Price Analysis We’re going to start with the daily resolution.

637 +

Bitcoin Rally To $8,000 Smells Like Late-2017: JP Morgan Analysis

Save for Friday’s sudden selloff, Bitcoin (BTC) has been on an absolute tear over the past few weeks. Since early-April, the asset has moved from $4,200 to a recent peak of $8,350 — effectively a gain of 100% — and is seemingly preparing itself for another leg higher.

462 +

Will Altcoins Continue to Decouple from Bitcoin as Short-Term Bullish Trend Continues?

Bitcoin has been able to find some relative levels of stability in the upper-$5,000 region and has settled slightly lower today as it drifts towards $5,700. Despite this, over a seven-day period BTC is still sitting just below its highs, and it may currently be consolidating before it forms another leg up.

510 +

5 Worst Performing Cryptocurrencies Against Bitcoin in 2019

Bitcoin has gone through yet another leg up, gaining 5 percent in the past 24 hours alone. And while some altcoins have managed to increase even surpass BTC, others have been left hanging in the dry.

477 +

CNBC Crazy Bullish On Crypto, Resident Fund Manager Calls For Bitcoin (BTC) At $6,000

Bitcoin Could See Another 20% Leg Up From Here The Bitcoin (BTC) bulls are back. That’s right, they seem to be back. According to Brian Kelly appearances on CNBC’s recent “Futures Now” and “Fast Money”.

615 +

Bitcoin Stabilizes above $4,000 Mark, Suggesting Next Move Might Be North: BTCManager’s Week in Review March 25, 2019

The price of bitcoin managed to remain above the $4,000 mark, suggesting that this psychological important resistance line has now become a support level, which means the next move may be another leg higher.

436 +

Grim Stories of Ethical, Privacy Abuses Emerge About Coinbase’s New Partners

When Coinbase acquired Neutrino for an unspecified amount in February 2019, the news looked like business as usual: A cryptocurrency juggernaut had made another acquisition.

832 +

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.

533 +

Bitcoin Price Slides as Bulls vs. Bears Eye Key Battle at $3,000

Bitcoin price (BTC) experienced another leg down in the past 24 hours, dropping almost 2 percent on the day. The cryptocurrency is currently sitting at its lowest point since mid-December 2018.   Lowest Bitcoin Price Since Mid-December Earlier this week Bitcoinist reported that Bitcoin is in for volatile days ahead.

400 +

Bitcoin (BTC) Price Analysis: Downside Break and Another Leg Lower

Bitcoin broke below the bottom of its symmetrical triangle consolidation pattern to signal that further losses are in the cards. Price is also trading within a descending channel on the 1-hour time frame and is now aiming for support.

406 +

Bitcoin (BTC) Price Analysis: Can Support Still Hold?

Bitcoin suffered another leg lower and is down to the very bottom of its broadening wedge formation once more. A bounce off this area could still keep it on track towards testing the resistance, but a break lower could spur further declines.

489 +

Dogecoin Price Remains Above $0.002 but Just Barely

As all cryptocurrencies continue to deal with uneasy market momentum, the coming weekend will prove to be crucial. Either some markets will break out to the upside, or another leg down begins. As far as the Dogecoin price is concerned, either direction is still on the table right now.

367 +

Bitcoin (BTC) recovery a forlorn hope, we are set to go another leg down

Overwhelming majority of traders on Tradingview and Twitter are seeing this greenery of today as a bull trap and are short on bitcoin, in the near term. If BTC manages to stay above $4255-4260 we can then retest the $4600-$4800 levels, otherwise we fall down and anything below $4100 will probably send BTC to the […] The post Bitcoin (BTC) recovery a forlorn hope, we are set to go another leg down appeared first on CaptainAltcoin.

346 +