2020-6-22 17:19 |
Cryptocurrency analyst Ki Young Ju unveils one factor that could influence the Bitcoin (BTC) price in the upcoming weeks. It is related to whale behavior
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It’s been an explosive past few weeks for altcoins but not for Bitcoin. As the leading cryptocurrency has stalled in the $8,000s and $9,000s as BTC investors have found themselves at an impasse, certain altcoins have ripped higher.
2020-6-22 15:00 | |
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Bitcoin’s consolidation over the past few weeks hasn’t been seen as bullish by everyone. Case in point: institutional traders on the CME are currently net short on BTC futures. Yet, a trader says that those shorting have “terrible odds” of making money.
2020-6-22 02:00 | |
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XRP has not fared as well as Bitcoin, Ethereum, and other top cryptocurrencies have over the past few weeks. As the market leaders have stalled, trading in tight ranges, XRP has slid lower and lower.
2020-6-22 23:30 | |
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The most pressing question Bitcoin investors have faced over the past few weeks is if the current consolidation will break higher or lower. The expectation that BTC will move lower from the current range recently gained strength with an analyst drawing attention to three technical signs.
2020-6-21 01:00 | |
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Like Bitcoin and most other top cryptocurrencies, the past few weeks have been stagnant for Ethereum. The cryptocurrency has consolidated around ~$230, failing to breakout in either direction. Stepping back, though, analysts are saying that ETH’s chart looks bearish.
2020-6-18 04:00 | |
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As Bitcoin has stalled in the $8,000s and $9,000s over recent weeks, certain analysts have begun to expect a strong move lower. One top trader went as far as to say that BTC could see a 40% drop in the coming months.
2020-6-17 04:00 | |
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Bitcoin has been caught within a firm bout of consolidation throughout the past several weeks, being unable to garner any momentum as it trades within the $9,000 region The cryptocurrency is flashing some signs of overt weakness as of late, as buyers have laced the upper-$9,000 region with heavy resistance One analyst is now noting that this consolidation is likely to result in BTC making a “monster” sized movement If the resistance between $9,600 and […]
2020-6-15 19:00 | |
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Traders say Bitcoin is due for highly volatile price action in the near-term as the price approaches a pivotal point.
2020-6-15 17:47 | |
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Ethereum has been closely tracking Bitcoin’s price action throughout the past several weeks and months The cryptocurrency did recently form an incredibly bearish technical pattern that analysts are still closely watching There’s a strong possibility that the crypto could be positioned to see notable downside in the near-term due to this pattern One analyst is even targeting a movement down to the sub-$200 region This price action could be magnified by a recent surge in […]
2020-6-15 22:00 | |
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The past few weeks have seen Bitcoin tread on thin ice multiple times: every time the cryptocurrency rallied to $10,000, it snapped lower, often violently. This week’s attempt at the crucial $10,000 resistance was no exception: after temporarily trading above the level for all of 20 minutes, the asset began a precipitous decline.
2020-6-13 04:00 | |
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Bitcoin has continued consolidating following a bout of intense volatility yesterday that sent it into the $10,000 region This movement was short-lived, and the tap of this resistance level was once again followed by a firm rejection Analysts are now noting that the cryptocurrency is growing weaker as it continues trading beneath its resistance This could open the gates for BTC to post some notable losses in the days and weeks ahead, with one analyst […]
2020-6-12 21:00 | |
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Some Bitcoin bulls have in recent weeks questioned the possibility of Bitcoin rallying to record highs. This is especially as it continues to fail to break above key resistance. But one analyst says it’s just a matter of time.
2020-6-10 22:08 | |
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Bitcoin saw some immense overnight turbulence that caused its price to plummet from highs of nearly $9,900 to lows of $9,400 on many exchanges This movement liquidated over-leveraged long and short-positions, and further confirmed that BTC is caught within a tight trading range Despite its current stability, one pattern now indicates that Bitcoin is positioned to make a massive movement in the near-term One analyst believes that this movement will favor sellers, as a pattern […]
2020-6-10 21:00 | |
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It has been nearly four weeks since the third Bitcoin halving. Many investors expected that there would be a drastic price change by now. But the most we have seen from the crypto leader has been a rally to $10,100 and a drop to $9,200.
2020-6-8 23:24 | |
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Bitcoin took a heavy beating yesterday after attempting to break past $10,000 for the first time in weeks. As reported by Bitcoinist previously, the asset plunged by $1,500 in three minutes, falling as low as $8,600 on BitMEX due to a barrage of sell orders.
2020-6-4 04:00 | |
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After consolidating and stagnating for several weeks, bitcoin finally showed some signs of pushing higher last week. The top crypto is now trading above $9,500, marking a 10% recovery from the $8. 6K lows posted during a major correction in the course of May.
2020-6-1 17:31 | |
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Bitcoin has mounted a strong recovery since the lows seen last week. The leading cryptocurrency traded as high as $9,750 on Saturday, over 13% higher than last weekend’s lows. Even still, there remain textbook technical indicators suggesting there is a “high chance” BTC sees a correction in the coming weeks. According to the analyst that...
2020-6-1 13:00 | |
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Bitcoin has seen some incredibly mixed price action as of late, with BTC struggling to garner any notable momentum as it approaches its heavy resistance $10,000 This resistance has proven to be insurmountable on multiple occasions throughout the past several weeks and months One analyst is now noting that BTC’s ongoing rally up towards the five-figure price region is strikingly similar to that seen in months past Three factors signal that this rally could be […]
2020-6-1 19:00 | |
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Bitcoin’s current price is a far cry from the $20,000 registered during the late 2017 crypto bull market. But, this has not made the asset’s investors any less bullish. One popular analyst recently noted that BTC could explode in the coming weeks should it break out of a trading range. His analysis is especially noteworthy […]
2020-5-31 17:42 | |
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After a strong rally from $3,700 to $10,100 over the span of six weeks, the Bitcoin bull has proverbially been asleep over the past few weeks. The post This financial analyst expects a “very bullish” Bitcoin price in June for 4 key reasons appeared first on CryptoSlate.
2020-5-31 14:00 | |
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Bitcoin Cash (BCH) fundamentals are still in decline more than a month after its first block reward halving event. Tweeting on Sunday, Yassine Elmandjra, an analyst at the investment management firm ARK Invest revealed that Bitcoin Cash fundamentals are continuing in their post-halving downward spiral.
2020-5-24 12:08 | |
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While Bitcoin has crossed above resistance after resistance over the past few weeks, some analysts are skeptical that the bottom is decisively in. One prominent trader — someone who called that Bitcoin would fall to the $3,000 range months before it did this year — has shared a number of charts indicating that the asset is poised to fall under $3,000s.
2020-5-19 04:00 | |
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One of the hottest cryptocurrencies in the past few weeks has been Chainlink (LINK). Compared to Bitcoin, which is up 20% year to date, the asset recently posted a 100% year-to-date gain, rising to become the twelfth largest altcoin by market cap.
2020-5-7 13:00 | |
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All cryptocurrencies, from Bitcoin and Ethereum to smaller altcoins, have been rallying over the past few weeks. Just last week, Ether hit a high of $225 — up more than 150% from the lows seen during March’s capitulation.
2020-5-5 04:21 | |
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Prior to late last week’s rally to $7,800, Bitcoin was stuck in a consolidation pattern for weeks on end, trading in a 10 percent range for what was literally weeks. During that time, two altcoins managed to break the mold, rallying as the rest of the cryptocurrency market stagnated: Tezos (XTZ) and Chainlink (LINK), the […] The post Analyst: Downside may be imminent for Chainlink and Tezos, April’s top crypto trades appeared first on CryptoSlate.
2020-4-29 04:30 | |
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Although the price of Bitcoin seems volatile, the cryptocurrency has been in a period of consolidation over the past two weeks, stalling in the high-$6,000s and the low-$7,000s after briefly interacting with the highs of $7,470.
2020-4-19 10:00 | |
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Bitcoin has established a striking correlation to the legacy markets throughout the past several weeks, with this coupling holding strong despite BTC making several attempts to break it throughout the past few days.
2020-4-19 02:00 | |
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Evidence suggesting a change in investor behavior continues to grow as XRP and a handful of other projects see serious declines in crypto wallet addresses over the past 4 weeks. XRP Investors Hodling or Losing Interest? Analyst CryptoRand has posted a chart showing the number of dynamic addresses has decreased among many major platforms over the past month.
2020-4-2 22:15 | |
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In six weeks the number of Bitcoins produced with each block will be reduced to 6. 25. This reward halving has long been predicted to put upward pressure on the price. One analyst is demonstrating the significance of this move by comparing it to other limited commodities.
2020-4-2 18:00 | |
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Cryptocurrency investors have been greatly disappointed by Bitcoin over the past few weeks, with its lackluster price action seeming to invalidate the safe haven narrative that many investors had previously bought into.
2020-3-24 03:30 | |
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Over the past few days, Bitcoin saw some bullish price action for the first time in weeks. This rally took the asset as high as $6,900, up 80% from the $3,800 bottom seen last week and up 28% from the $5,400 baseline.
2020-3-21 01:30 | |
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The bitcoin miners reward halving is slated for around May 9, basically 54 days away. This event is supposed to be a bullish catalyst based on the fact that bitcoin’s supply will reduce. However, before this event occurs, there’s a possibility that bitcoin could see a drop to the $2K level – which should not […]
2020-3-19 22:14 | |
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Bitcoin has risen today in tandem with the traditional markets, finding what appears to be a secure foothold within the lower-$5,000 region. This has allowed the benchmark crypto to begin confirming its recent lows as a mid-term bottom, but it still remains unclear as to where it will trend next. One prominent analyst is now...
2020-3-18 00:30 | |
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The global market meltdown seen throughout the past few weeks has shown no signs of slowing down anytime soon, and Bitcoin has been firmly exposed to the implications of this – plummeting significantly from its 2020 highs of $10,500.
2020-3-17 02:29 | |
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Although all cryptocurrencies have had it tough over the past few weeks, XRP has been hit especially hard. The altcoin, the third-largest crypto asset by market capitalization, fell as low as $0. 105 on Thursday from its 2020 high of $0.
2020-3-16 02:30 | |
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Bitcoin is currently struggling to stay above $5,000, when just a couple weeks prior, the asset was trading above $10,000 – over double the current price. But despite the latest fall, the asset’s highly-cited stock-to-flow model focusing on the asset’s hard-coded scarcity continues to hold.
2020-3-14 22:00 | |
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Earlier last month, Bitcoin broke above $10,000 that on-chain analyst Willy Woo said was the “real deal”. “Fundamental investment activity is backing this $10k breakout,” said Woo at that time. However, as we saw in the past few weeks, bitcoin has been acting like a risky asset following the stock market, going from above $10,500 […]
2020-3-10 17:14 | |
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Bitcoin really hasn’t done too well over the past 24 hours. After peaking at $9,200, the leading cryptocurrency has fallen lower and lower, reaching a price as low as $8,150 (the lowest in literal weeks) on Sunday.
2020-3-9 00:03 | |
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Like Bitcoin, the past few weeks have seen Ethereum consolidate. The second-largest cryptocurrency has established a base of support around $220, trading within practically 10% of that level for all of the past ten days.
2020-3-8 02:57 | |
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Bitcoin’s price action over the past couple of weeks has made it incredibly unclear as to whether or not the uptrend it has seen throughout 2020 is more than just a fleeting attempt to rally. Now, BTC’s ongoing bout of sideways trading comes just a couple of months before what one analyst is describing as its “most significant event” – the halving.
2020-3-5 01:43 | |
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Bitcoin has been falling over the last couple of weeks following mounting concerns over the spread of the coronavirus and its potential impact on the global economy. But how low can Bitcoin go? According to one analyst, there are two lower boundaries below current levels that should provide support for the cryptocurrency. However, if either...
2020-3-5 20:00 | |
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Bitcoin's safe haven narrative is falling apart as the leading cryptocurrency is down more than 12 percent in just two weeks
2020-2-26 17:03 | |
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The past few days haven’t been kind to the crypto markets. After peaking last week, market leaders Bitcoin, Ethereum, and Ripple’s XRP and smaller altcoins saw their values tank. XRP, unfortunately, was hit especially hard, perhaps because it has seen an especially strong rally over the past eight weeks.
2020-2-24 23:27 | |
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Ethereum has been subjected to intense volatility over the past several days, which has primarily been rooted in the close correlation to Bitcoin’s price action that it has formed in recent times. This volatility has primarily favored sellers, but it is important to note that it has not been enough to invalidate the bullish market structure it has formed throughout the course of its parabolic uptrend seen throughout the past several weeks. One top analyst is now laying out the […]
2020-2-20 20:59 | |
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Bitcoin has once again topped the $10,000 level. The leading crypto asset by market capitalisation crossed the psychologically significant level multiple times over the last couple of weeks. For some analysts, the shrinking resistance the Bitcoin price experiences as it crosses into five figures is reminiscent of the crypto’s flirtations either side of $1,000. The...
2020-2-19 01:03 | |
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The crypto market experienced a short and minor correction this past week but appears to be ready to keep chugging right along, with no end to the momentum in sight. In fact, one cryptocurrency analyst says that while there’s no denying that a correction is imminent, it may not happen for weeks to months, as...
2020-2-19 22:00 | |
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At long last, after weeks upon weeks of increasing prices, Bitcoin saw a strong correction on Saturday. Per previous reports from NewsBTC, Saturday morning saw the price of the leading cryptocurrency tank from $10,400 to a low of $9,700 (on some exchanges), a drop of nearly 7% in a few hours’ time. Despite this brutal...
2020-2-16 02:26 | |
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The aggregated crypto markets have been caught within a firm and unwavering uptrend over the past several days and weeks, which allowed many cryptos, including XRP, to put significant distance between their current prices and...
2020-1-28 06:00 | |
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Verasity has been one of the best performing coins in recent weeks, having increased by 6x since November 20. However, it began to retrace on December 1. A small decrease is likely before the price makes a final upward wave.
2019-12-4 17:17 | |
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