Bitcoin: As January comes to an end, here's what you should expect next month

2023-1-24 22:30

BTC's MVRV rests above 1, indicating that the market might have entered a bullish mid-term stage. Open Interest has been on a steady increase since the year started. The recent rally in BitcThe post Bitcoin: As January comes to an end, here's what you should expect next month appeared first on AMBCrypto.

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bitcoin expect month should january comes recent

Источник: ambcrypto.com

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Analysts Expect Ripple (XRP) and Ethereum (ETH) to See Further Gains as They Face Resistance Levels

The recent Bitcoin price surge sent shockwaves throughout the entire crypto markets that led virtually all cryptocurrencies to experience some sort of price gains – to varying degrees. Ethereum (ETH) and Ripple (XRP) both surged, but are currently pushing up against resistance levels, and will likely be closely tracking Bitcoin’s price action in the near-future.

2019-4-4 03:00


Ethereum May Surge 35% to $200 in Near-Term; What Will Fuel It?

Throughout the past month, the price of Ethereum (ETH) increased from $126 to $140, by more than 11 percent against the U. S. dollar. Similar to how several strategists expect the bitcoin price to increase substantially if it breaks the $4,200 resistance level in the near-term, traders foresee Ethereum rising to as high as $200 if it rebounds over crucial levels.

2019-3-31 13:29


Facebook Bitcoin Scammers Target Aussie Celebs to Con Investors

Fraudsters and Facebook are profiting from scam ads featuring photos of popular Australian TV hosts that convince unwary Aussies to part with their cash and invest in bitcoin. You might expect this scam on an obscure internet chat room, maybe on the darknet, but nope, con-artists are using the world’s most popular social media platform and one of its biggest ad platforms to do it – and as far as Facebook is concerned it’s OK by them.

2019-3-30 11:40


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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections.

2019-3-29 02:21


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Bitcoin Price Analysis: Slow Upward Drift Tests Market Supply

A slow, grinding upward drift has been the name of the game for bitcoin’s market over the last few weeks. The upward drift is bringing us slowly to a level that was previously rejected violently:Figure 1: BTC-USD, Daily Candles, Upward DriftOur third rejection of the red resistance level shown above brought the market into a test of macro support in the mid-$3,000s.

2019-3-23 01:23


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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: Could Three Times Be the Charm for This Resistance Level?

Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation.

2019-3-16 01:56


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Op Ed: Defining Decentralization: How Ambiguity Continues to Divide Crypto

There are many keywords in blockchain, but few spark as much emotion as “decentralization. ” For many of us, it was the dream of decentralization that inspired us to embark into the industry in the first place — the driving force encouraging us to explore the many industries and practice areas that could be positively impacted by this technology.

2019-3-1 19:43


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Grayscale Bitcoin ETF finally see inflows: Will BTC cross $70K now?

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Bitcoin crosses $64K, but whales remain cautious - Here's why

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Despite Bitcoin's $64K surprise, some major concerns persist

Bitcoin's recent recovery hits $64,000, raising market optimism. Technical indicators like the Ichimoku Cloud suggest bearish market Despite a recent uptick in Bitcoin's [BTC[ market value, The post Despite Bitcoin's $64K surprise, some major concerns persist appeared first on AMBCrypto.

More Bitcoin, Ethereum leave exchanges: What's going on?

Exchanges see less BTC and ETH. Holders continued to increase despite the decline on exchanges. Bitcoin [BTC] and Ethereum [ETH] are the two largest assets based on their market capitalizatiThe post More Bitcoin, Ethereum leave exchanges: What's going on? appeared first on AMBCrypto.