Top Analyst: Bitcoin Prone to Significant Downside if it Fails to Close Above this Level

2020-3-7 02:00

Bitcoin (BTC) has once again found itself caught within a bout of sideways trading over the past day, which has come close on the heels of the cryptocurrency’s recent breakout rally that propelled it above its resistance around $8,900. origin »

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Bitcoin (BTC) на Currencies.ru

$ 67879.65 (-1.06%)

Объем 24H $33.428b

Изменеия 24h: -1.93 %, 7d: 1.15 %

Cегодня L: $67879.65 - H: $69737.04

Капитализация $1358.45b Rank 1

Цена в час новости $ 9109.27 (645.17%)

close above bitcoin cryptocurrency heels past day

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Источник: newsbtc.com

close above → Результатов: 126

Bitcoin Fails to Close the Week Above $7,000 — Is the Pump Over?

During the week of April 5-12, the BTC price failed to reach a close above a significant resistance level found at $6,800. Even though it initially climbed above this resistance, it proceeded to create a long upper-wick and close below.

2020-4-13 11:05	BTC/USD
close above week resistance though initially climbed

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Bitcoin Eyes Close above $14,000, According to Textbook Technical Indicator

A textbook technical scenario brewing inside the bitcoin market could send its prices above $14,000. Crypto analysts highlighted earlier this week the potential formation of an Inverse Head and Shoulder (IHS) pattern.

2020-3-7 11:32	Cryptocurrency
bitcoin textbook technical above potential formation week

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Ripple (XRP) Is Primed To Correct Higher Despite Recent Sell-off

Ripple remained in a major downtrend from well above the $0. 2650 level against the US Dollar. XRP price tested the $0. 2240 support area and it could correct higher in the short term. Ripple price is down close to 6% and it broke the $0.

2020-2-27 07:18	XRP
ripple xrp price higher correct broke 2240

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Bitcoin Price Models Suggest $14,000 by End of Year, $37,000 in 2021

There are many different metrics to predict the future price movements of Bitcoin. One of the most popular is the stock-to-flow model, as it is intrinsically linked to halving events. This particular example is hinting at a close above $14,000 by the end of the year.

2020-2-25 08:18	BTC/USD
bitcoin price year intrinsically model stock-to-flow linked

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Why Analysts Expect More Upside After Bitcoin Just Broke $10,000 (Again)

Over the past 36 hours, Bitcoin has finally started to show signs of strength after the brutal 10% sell-off earlier this week. From the week’s most traded price at $9,600, the cryptocurrency has pressed higher to $10,000 as of the time of writing this, seemingly to establish a short-term candle close above this crucial psychological level.

2020-2-24 03:37	Cryptocurrency
week bitcoin cryptocurrency pressed traded price higher

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Ethereum’s Weekly Close Above $275 Has Analysts Over the Moon

As Bitcoin has shot higher in the past few hours, so too has Ethereum. The market leader tapping $10,000 was accompanied by ETH passing $275, reaching as high as $278 just minutes ago. While this sudden jump higher, which comes after the altcoin flatlined around $270 for most of Sunday, has yet to be sustained,...

2020-2-24 03:22	ethereum
higher 275 ethereum sudden comes jump 278

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Ethereum Bulls Just Doesn’t Want To Give Up, Fresh Rally Incoming?

Ethereum traded close to the $240 support area and recently recovered against the US Dollar. ETH price is now trading above $255 and it is likely to continue higher towards $270 and $275. Ethereum is slowly recovering above the $255 and $260 levels against the US Dollar. The price is facing a couple of key...

2020-2-21 06:28	ethereum
ethereum against price 255 above dollar higher

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Enjin Coin (ENJ) Attempts To Break Out Above Resistance

Feb 17 was characterized by considerable volatility for the ENJ price. It moved in a range of 45%, before reaching a price close 13% above its opening price. Enjin Coin (ENJ) Price Highlights ENJ is following an ascending support line.

2020-2-19 20:15	Premium
enj price above enjin coin close reaching

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Tezos Could Reach a New All-Time High Very Soon

The Tezos price has been increasing since January 15. On February 9, the price created a bullish engulfing candlestick and reached a close above the 2019 yearly high. Tezos Highlights The price is very close to reaching an all-time high.

2020-2-11 04:33
tezos high price close very all-time reached

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Bitcoin (BTC) Price Has 'Officially' Ended Its Downtrend. There's One Major Reason Why

Bitcoin's (BTC) weekly close above the $10,000 level has proven all doubters wrong

2020-2-10 08:48
bitcoin btc above proven wrong doubters all

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XRP Could See a Swift Movement to $0.50 After Closing Above a Key Level

XRP and all other cryptocurrencies just closed out their weekly candles a couple of hours ago, with today’s close being widely viewed as a critical event that would offer significant insight into where the markets...

2020-2-10 04:09	XRP
xrp being widely close viewed today hours

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Bitcoin Analysis for 2020-02-03 [Premium Analysis]

Over the previous week, the price of Bitcoin increased considerably, creating a bullish candlestick. However, it failed to reach a close above a significant resistance area. It now looks that it will soon break above resistance, keeping the current support line intact.

2020-2-4 13:30	Premium
resistance bitcoin analysis above looks significant area

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3 Altcoins That Could Increase Considerably in the Coming Weeks

EOS, TRON (TRX) and Ethereum (ETH) have broken out above significant resistance levels or are very close to doing so. A considerable number of altcoins have posted significant increases in the month of December.

2020-2-1 02:07
altcoins significant very close considerable increases month

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Cryptocurrency Market Weekly Outlook #2

According to last week’s cryptocurrency market outlook- Bitcoin dropped to 8200-8300$ and the price bounced from this area and closed last week above 8600$. From our last week’s altcoins recommendation – ICXBTC hit 20% Profit, ADABTC position is at decent profits and DGDBTC is trading close to entries.

2020-1-27 14:38
week market cryptocurrency icxbtc adabtc profit hit

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XRP needs to stay above long-term PoC to retest $0.238

After registering a nearly 38 percent spike in the first 16 days of January, XRP recorded yet another period of correction over the past week. The token registered a depreciation of close to 15 percenThe post XRP needs to stay above long-term PoC to retest $0.238 appeared first on AMBCrypto.

2020-1-26 21:00	Analysis
xrp retest 238 long-term poc above stay

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Ethereum Classic Increased by More Than 100% in Three Days: What’s Next?

On January 17, the Ethereum Classic (ETC) price reached a high of $12 before decreasing sharply. The price failed to reach a weekly close above $9, an important level that has been providing resistance to the price for the past 441 days.

2020-1-23 01:08	Premium
price ethereum days classic above close reach

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Bitcoin On The Brink Of Massive Rally And Only 1 Thing Is Holding It Back

Bitcoin is climbing steadily above $8,800 and $9,000 against the US Dollar. BTC price could start a massive rally towards $10K and $11K if there is a daily close above $9,300. Bitcoin price is gaining momentum above the $9,000 resistance area against the US Dollar.

2020-1-19 09:00	BTC
above bitcoin price dollar against rally massive

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Bitcoin May Have Just Rejected a Big Rally to the $9,000: Here’s Why

The bitcoin price looked to be en route of surpassing a key resistance level at $8,250 that would leave it open to testing $9,000 and levels higher above it. But, the weekly close below $8,500 may leave it vulnerable for a steep pullback.

2020-1-13 06:45	Bitcoin
bitcoin may leave levels higher open above

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Ethereum Bulls Hesitates But Upsurge Above $150 Is Looming

Ethereum rising steadily above the $142 and $145 resistance levels versus the US Dollar. Besides, bitcoin surged close to 5% above $8,400, opening the doors for an upside break in ETH above $150. Ether price traded to a new 2020 high at $148 and it is currently consolidating against the US Dollar.

2020-1-8 07:00	ethereum
above dollar ethereum 150 price high 2020

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Bitcoin Defies Gravity But Here Is Why It Could Correct In Short-Term

Bitcoin surged more than 5% to climb above the $7,700 and $7,800 resistance levels against the US Dollar. BTC price tested the $8,000 barrier and it could correct lower in the short term. Bitcoin price traded to a new 2020 high close to the $8,000 mark against the US Dollar.

2020-1-7 09:00	BTC
bitcoin against price dollar correct could barrier

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Bitcoin Price Clears $7.5K After Overnight Dip Fills CME Futures Gap

Mixed opinions about Bitcoin’s ability to close out $7,600 resistance after overnight gains take markets above $7,500 once more

2020-1-6 12:40	Market Update
overnight bitcoin resistance out close gains markets

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Bitcoin Bulls Not Out of Woods, Wait For Break Above $7.5K

Bitcoin price is currently consolidating above the $7,200 and $7,150 support levels against the US Dollar. The price is likely to climb higher again unless there is a daily close below $7,000. There is a key bearish trend line forming with resistance near $7,240 on the hourly chart of the BTC/USD pair (data feed from... The post appeared first on NewsBTC.

2019-12-31 08:30	btcusd
price bitcoin above resistance near below forming

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Bitcoin Analysis for 2019-12-30 [Premium Analysis]

The Bitcoin price is possibly trading inside of a descending triangle. The short-term outlook is bearish, while the medium- and long-term ones are neutral and bullish, respectively. Bitcoin Price Highlights The Bitcoin price has yet to reach a weekly close above resistance.

2019-12-30 12:55	Premium
bitcoin price analysis respectively highlights bullish neutral

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Why Bitcoin Needs to Close Above $8,000 to Catalyze Next Bull Run

After a precipitous drop to $6,400 earlier this month, Bitcoin (BTC) has seen a strong rebound, trading as high as $7,700 just this past weekend. While some say this a precursor to a return to the bull market that graced the cryptocurrency industry for the first half of 2019, analysts say it’s too early to.

2019-12-27 12:02	price
say bitcoin market graced return precursor weekend

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Bitcoin Eyeing Last Line of Defense, Bulls Losing Grip

Bitcoin price is struggling to stay above the $7,160 and $7,120 support levels against the US Dollar. A successful close below $7,120 could accelerate decline below $7,000. There is a key connecting bearish trend line forming with resistance near $7,480 on the hourly chart of the BTC/USD pair (data feed from Kraken).

2019-12-25 08:58	BTC
below bitcoin line 120 trend forming key

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Ethereum Turns Red, Signaling Fresh Decrease Below $125

Ethereum is struggling to stay above the key $125 support area against the US Dollar. A successful close below $125 could spark another bearish wave in the near term. There is a connecting bearish trend line forming with resistance near $130 on the hourly chart of ETH/USD (data feed via Kraken).

2019-12-25 07:34	ethereum
125 below near ethereum bearish line forming

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Bitcoin Analysis for 2019-12-24 [Premium Analysis]

Since December 18, the Bitcoin price has increased by 20 percent. However, the rally ended yesterday at $7715 and the price is in the process of retracing towards support. Bitcoin Price Highlights The Bitcoin price failed to reach a close above the resistance area.

2019-12-25 19:20	Premium
bitcoin price analysis retracing towards support process

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Bitcoin's rejection at key levels confirms drop to $7,200-$7,000 levels

Bitcoin's daily close yesterday confirmed that there will not be any more upside, at least, nothing above $7,600. Moreover, the indicators that exhibited bullish trends have slowed down; they are on tThe post Bitcoin's rejection at key levels confirms drop to $7,200-$7,000 levels appeared first on AMBCrypto.

2019-12-24 16:30	Hide Cryptopanic
levels bitcoin 200- drop key rejection confirms

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Bitcoin Trading Near Make-or-Break Levels, 100 SMA Holds Key

Bitcoin price failed to extend gains above $7,700 and declined more than $400 against the US Dollar. The price is now trading below $7,400 and it declined close to the $7,260 support area. Earlier, there was a break below a contacting triangle with support near $7,500 on the hourly chart of the BTC/USD pair (data.

2019-12-24 09:00	BTC
bitcoin declined price trading near support below

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Bitcoin Price Movement Splits Bullish and Bearish Analysts [Premium Analysis]

The Bitcoin price is in the process of reclaiming the previous breakdown level of $7600. A weekly close above it would act as confirmation that the current trend is bullish. On December 17 and 18, the Bitcoin price broke down below a significant support area and reached a low of $6400, causing many people to […] The post Bitcoin Price Movement Splits Bullish and Bearish Analysts [Premium Analysis] appeared first on BeInCrypto.

2019-12-23 20:16	Premium
price bitcoin bullish analysis bearish premium analysts

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Bitcoin Price Trend Reversal in Progress? Key $7.6K Level Unlocked

“Is $8K next?” is the question on everyone’s minds as Bitcoin bulls defended the weekly close by pushing the price above the $7.4K and $7.6K resistances

2019-12-23 09:47	Market Update
bitcoin price weekly defended bulls resistances above

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Three Main Reasons Why Bitcoin is Setting Up For a New Bull Rally

The week is drawing to a close with Bitcoin back above $7,000 which keeps it consolidating as the bulls and bears battle it out. Long term trend lines are holding as is strong support but those are not the only reasons why the next bull run could be imminent.

2019-12-20 11:00
bitcoin reasons main holding lines term out

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Bitcoin Analysis for 2019-12-19 [Premium Analysis]

The Bitcoin price reached a low of $6441 before initiating a strong bounce and reaching $7400. The bounce occurred right at the support line of the descending channel. However, the lack of volume and failure to close above the previously significant resistance areas makes us believe that the price will eventually drop below $7000.

2019-12-19 12:28	Premium
price bounce bitcoin analysis significant resistance volume

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Bitcoin (BTC) Above $7,500 Would Make Case for Larger Rally

Bitcoin price reversed its losses and settled above $7,000 against the US Dollar. The price rallied close to the $7,500 resistance area, where sellers emerged. Earlier, there was a break above a key bearish trend line with resistance near $6,700 on the hourly chart of the BTC/USD pair (data feed from Kraken).

2019-12-19 09:00	BTC
above bitcoin price resistance btc 500 trend

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Is Theta Breaking out From Its Trading Range? [Premium Analysis]

The Theta price has increased by 42 percent over the past six days. A daily close above 1400 satoshis would likely indicate that we are heading towards the next resistance area at 1800 satoshis. The upward move began on December 14, when the price was trading near 4000 satoshis.

2019-12-17 05:23	Premium
satoshis price trading theta resistance area towards

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Prominent Trader: Intense Bitcoin Bear Market Will Continue Unless This Happens

Bitcoin’s bulls have continued to hold Bitcoin’s price above its key near-term support level at $7,000 and defended this level from some heightened selling pressure yesterday that came about just prior to BTC’s weekly close.

2019-12-17 00:00	Crypto
bitcoin level heightened defended selling btc weekly

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Bitcoin Analysis for 2019-12-16 [Premium]

The Bitcoin price broke down below the minor support at $7150 and validated it as resistance. It is trading inside a descending wedge with the support line being at $7000. The weekly outlook remains bearish since the price failed to reach a close above the breakdown level.

2019-12-17 13:48	Premium
price bitcoin support 7000 weekly breakdown level

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Bitcoin And Crypto Market Rising: BCH, Litecoin, EOS, XLM Analysis

The total crypto market cap is slowly rising and it is currently near the $200. 0B resistance. Bitcoin price is up close to 2% and it is now trading above the $7,500 resistance. Litecoin (LTC) price is now trading above $45.

2019-12-9 08:00	XLM
resistance bitcoin above trading price market crypto

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Биткоину грозит откат до $10 000

Крупнейшая цифровая валюта находилась под сильным давлением на протяжении последних нескольких дней подряд. Многие аналитики ожидают не только сохранения прессинга, но и его усиления, так как активность покупателей в криптосфере продолжает ослабевать.

2019-8-12 19:12	#twitter
биткоину грозит откат 369 bulls close need

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Bitcoin Price On Track To Make Highest Weekly Close of 2019

Bitcoin has been range-bound since it broke into the $11,000 price zone at the beginning of the week. A look at the longer-term charts, however, paints a more bullish picture, especially if BTC can hold onto gains it has made this week.

2019-8-9 11:21	price
price bitcoin week btc hold track close

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Bitcoin (BTC) Price Is Trading In Uptrend But Can Bulls Clear $12K?

Bitcoin price is trading above a couple of important supports near $11,800 against the US Dollar. The price could rally sharply if there is a successful close above the $12,000 resistance. There was a break above a major contracting triangle with resistance near $11,860 on the hourly chart of the BTC/USD pair (data feed from.

2019-8-9 09:00	BTC
price bitcoin above trading btc resistance near

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Bitcoin Price Weekly Close Above $11,500 Would Be First in Nearly 18 Months

Bitcoin price throughout 2018 was locked in a bear market and downtrend that ultimately took the price of the first-ever crypto asset to its bottom at $3,200. But during the almost 8 months of 2019, Bitcoin has been in an uptrend and is preparing to enter a bull market.

2019-8-8 23:00
bitcoin price months 500 weekly market close

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Bitcoin Needs Weekly Close Above Tough $12K Hurdle to Restart Price Rally

Bitcoin needs to break above stiff resistance at $12,000 to unleash the next phase of the bull market.

2019-8-8 14:00	Markets
above bitcoin needs unleash phase market break

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Bitcoin Price (BTC/USD) Could Hit $12.2K Amid Strong Technical Bias

Bitcoin price extended gains above the $11,500 and $11,700 resistances against the US Dollar. The price is currently correcting lower after trading close to the $12,000 resistance. There is a connecting bullish trend line forming with support near $11,540 on the hourly chart of the BTC/USD pair (data feed from Kraken).

2019-8-6 09:00	BTC
price bitcoin usd btc bias amid technical

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Bitcoin’s Macro Outlook Is Grim; Analyst Says 20% Decline Still In The Cards

In the past five days, Bitcoin price has made an ascent, first going above $10,000 and now moving closer to taking over $11,000. At the time of writing, BTC/USD has been trading at $10,750 with 24 hours gains of 1.

2019-8-3 17:35	Bitcoin (BTC) Price
bitcoin trading 750 usd btc time writing

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Bitcoin Might $11,000 Says This Weeks Crypto Technical Analysis

Just as expected, Bitcoin managed to test the important support area close to $9,000 several times. So far, buyers have been able to keep the price above this level, which... The post Bitcoin Might $11,000 Says This Weeks Crypto Technical Analysis appeared first on Trustnodes.

2019-7-31 20:32	litecoin
bitcoin analysis crypto technical says might weeks

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Ripple (XRP) Short-Term Price Anchors on $0.3000, Will the Support Hold?

Ripple Key Highlights Ripple (XRP) is changing hands at $0. 3087, sliding 4. 1 percent in the last week In the daily chart, XRP prices are consolidating. Because of this, a triangle has formed above $0.

2019-7-30 19:39	Ripple (XRP)
xrp ripple prices chart 3000 stochastic indicator

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Ripple (XRP) Down 7%, Bulls Fail to Break Above a Key Moving Average

Ripple (XRP) is down 7. 4 percent from last week’s close Kenny Li, the CEO of Worthyt, said people are willing to trade the security of decentralization for speed and convenience Ripple Price Analysis Fundamentals Blockchain is altering the way payments are done.

2019-7-29 21:00	XRP
ripple down xrp speed moving above break

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Bitcoin Above $10,000 But Downside Risks Remain: Analyst

Bitcoin has close above the $10,000-level in its interim upside correction, but that does not guarantee an explosive price rally. Noted market analyst Josh Rager said on Thursday that bitcoin could continue trending upwards until it hits $10,854.

2019-7-25 16:00	Steven Mnuchin
bitcoin analyst above remain downside risks 854

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2020-3-7 02:00

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