2021-8-1 13:53 |
Daily chart data shows the strength of the current rally as a longstanding resistance level finally shows signs of falling.
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On Saturday, the price of Bitcoin went as low as $30,150 as the prices started tanking ahead of the weekend. But before the weekend was over, the prices started pumping back up, with Bitcoin going above $35,000 late Sunday/ early Monday.
2021-6-28 15:25 | |
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Bitcoin price is on the rebound, but after such a sharp fall and more than 50% retracement, any reversal must be considered a potential bull trap until much higher prices are reclaimed. Further adding credence to the theory of a potential bull trap, a trend strength indicator very clearly shows that bears are in charge, […]
2021-6-16 23:00 | |
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There is still very heightened fear in the market, but Bitcoin’s Relative Strength Index (RSI) shows some oversold condition. The crypto industry needs to see “heavy investor inflows” to break out higher and enter the bull mode.
2021-6-1 16:51 | |
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Bitcoin price has been an uptrend for a year now, and given the strength of the move and the fact the asset is now at more than $50,000 per coin, begins to bring up the question: when to start selling your coins? According to past crypto bull market data, the final push to the peak […]
2021-3-13 04:00 | |
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Ethereum has been largely tracking Bitcoin’s price action as of late, but its swings have been far more tempered as it hovers within the $1,300 region The cryptocurrency has been showing some signs of strength, with bulls ardently absorbing all the intense sell pressure it has faced in recent times This indicates that there’s a […]
2021-1-31 23:00 | |
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Bitcoin’s price action as of late has greatly favored bears, with bulls being unable to generate any significant momentum This comes just 24 hours following a failed breakout attempt seen by the cryptocurrency that ultimately resulted in it seeing a massive rejection around $34,500 The selling pressure here indicates that bulls may not have enough present strength to reverse the downtrend that began following the break below $40,000 several weeks back This has created headwinds […]
2021-1-26 21:00 | |
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Ethereum has seen some wild price action over the past few days, with its bulls moving to erase its pattern of underperformance that has plagued its price action The crypto is now sitting firmly above $730 and may be positioned to see even further upside in the coming days This rebound seen against its USD trading pair has also come as it shows subtle signs of strength against BTC as well Weakness on ETHBTC has […]
2020-12-29 23:00 | |
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Another $1,000 CME futures gap opens but Bitcoin shows clear strength as it aims to tackle pivotal $20,000 resistance.
2020-12-14 11:00 | |
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When looking into the actual usability and functionality of the Ethereum network, it shows a similar story of mass usage compared with other major blockchains like Bitcoin. Not only is Ethereum currently significantly cheaper to transact with than Bitcoin, charging on average $0.
2020-12-7 15:34 | |
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It has been a wild past few weeks for Bitcoin and the crypto market, with the benchmark cryptocurrency posting massive gains while the rest of the market also shows continuous signs of strength Altcoins are beginning to take the spotlight as BTC’s rally begins stalling, with the selling pressure at $19,000 slowing its ascent while Ethereum and smaller altcoins all rocket higher Where BTC trends in the near-term will depend entirely on its continued reaction […]
2020-11-22 22:00 | |
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The recent rally across the aggregated crypto market has been so strong that even XRP – the embattled token closely associated with Ripple – has been able to rally. The entire market is showing some signs of strength at the moment, with Bitcoin looking strong as it attempts to move past $18,000, with most major […]
2020-11-20 05:00 | |
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Bitcoin is seeing some intense strength today, with bulls pushing the cryptocurrency towards $17,000 following a brief bout of weakness earlier this week. The ongoing uptrend has marked a significant extension of the trend seen throughout the past few months, with bears being unable to gain any ground against bulls as it continues pushing higher […]
2020-11-17 05:00 | |
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Bitcoin and the aggregated cryptocurrency market have been leading altcoins higher, with Ethereum showing some immense signs of strength as it once again breaks $470 The broader crypto market is getting stronger, as altcoins are now rallying in tandem with BTC or closely following it If this trend persists, then investor sentiment and risk appetite may continue growing, leading more investors to rotate capital into higher beta assets This possibility is already coming to fruition, […]
2020-11-14 23:00 | |
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The Ocean Protocol (OCEAN) price is in the process of validating an important area as support. As long as the price is trading above this level, the trend is considered bullish. On the contrary, the OCEAN/BTC pair looks bearish unless it can break out above a descending resistance line that’s been holding it back.
2020-11-5 19:35 | |
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Bitcoin’s price is largely stagnant in the time following its strong move up to $11,400 This consolidation is bullish because it shows that bulls have enough strength to remain in control of BTC’s near-term trend The key resistance to watch in the near-term sits at $11,600.
2020-10-12 01:00 | |
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Bitcoin’s price saw a decent recovery following the BitMEX imbroglio yesterday, but the cryptocurrency’s reverted most of these gains overnight due to news of President Trump contracting the lethal virus This news sent shockwaves throughout the traditional markets as well, and appears to be having a trickledown effect on BTC as well as altcoins Where the aggregated crypto market trends in the days, weeks, and months ahead will likely depend largely on the global markets […]
2020-10-3 21:00 | |
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Bitcoin price has been stuck between $11k and $12k for quite some time now, although some recent price forecast seem to signal that a change might be coming. The coin’s performance has indicated strong signs of strength, especially in the last 24 hours.
2020-9-3 14:59 | |
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Bitcoin is currently attempting to break above $12,000, with the cryptocurrency rallying towards this level as Ethereum sets fresh 2020 highs at $475 BTC’s current strength has yet to lift it past the key resistance it faces in the near-term at this level A failure to surmount it would be grim for its near-term outlook, and potentially spell serious trouble for where it goes next One analyst believes that there are a few factors that […]
2020-9-2 02:00 | |
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Ethereum and Bitcoin have both posted notable rebounds after facing some intense weakness throughout the early morning hours ETH was able to rally from lows of $380 to highs of well over $390, while Bitcoin pushed back above $11,500 after dipping to $11,200 This strength is an incredibly positive sign for the market, as it shows that buyers still have underlying strength Despite this strength, analysts are still short on Ethereum, with one trader noting […]
2020-8-28 23:00 | |
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Ethereum is showing some signs of weakness as it once again dips below $390 This level has become slight support for the cryptocurrency, with a sustained bout of trading beneath it potentially degrading its technical strength Analysts are offering a mixed outlook on the cryptocurrency, but one thing that is widely agreed upon is that it is approaching a make-or-break support level If the cryptocurrency is able to bounce at this level, it may be positioned […]
2020-8-24 22:00 | |
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Bitcoin’s mounting fundamental strength has been forming a compelling case that upside may be imminent for the cryptocurrency. This underlying strength can be seen on multiple fronts, with the cryptocurrency’s market health growing due to spikes in the asset’s liquidity as well as its investor sentiment.
2020-8-19 05:00 | |
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XRP’s recent rally has taken a pause, leaving crypto investors scratching their heads wondering which way the altcoin will turn next. Will it fall deeper into the throes of the bear market, or will the asset finally repeat the performance that took it to over $3.
2020-8-15 23:00 | |
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Bitcoin’s on-chain activity has been on the rise throughout the past few months, marking a massive surge from where it was this time last year. This is a sign of intense fundamental strength, as it shows that more entities and individuals are interacting with the BTC network at a greater rate than seen during last […]
2020-8-8 05:00 | |
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Bitcoin has finally seen some strength after days upon days of consolidating in the low-$9,000s. As reported by NewsBTC, the cryptocurrency saw a sudden breakout on Monday. BTC reached a local high of $9,800, the highest price in one and a half weeks.
2020-6-23 13:00 | |
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Bitcoin has seen a notable uptick in its fundamental strength over the past week. The post This on-chain compass shows Bitcoin is on the cusp of entering a firm uptrend appeared first on CryptoSlate.
2020-6-11 16:00 | |
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Ethereum has seen some tempered gains overnight, recapturing its position within the $240 region as it shows some signs of technical strength. Today’s climb has largely been the result of that seen by Bitcoin, as ETH has been closely tracking the benchmark cryptocurrency’s price action over the past week. This has caused Ethereum’s open interest...
2020-6-9 02:00 | |
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Ethereum, the world’s second-largest cryptocurrency by market cap, has shown strength in both fundamental and technical factors this year. The protocol has been increasingly adopted by enterprises as a blockchain tool and by investors for its long-term growth potential.
2020-6-9 19:00 | |
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There’s no question that Chainlink has been the most bullish cryptocurrency on the market throughout the past couple of years, posting massive gains throughout 2019 and 2020 These gains allowed it to set fresh all-time highs earlier this year, and it now appears to be navigating back towards these highs Its mounting short-term strength, however, may be plagued by a massive influx of LINK into exchanged over the past day This could suggest that traders […]
2020-6-1 23:00 | |
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Bitcoin has been consolidating in the time following its latest rejection at $10,000. This comes as the crypto’s mid-term market structure shows immense signs of strength, although in the short-term it does appear to be in a precarious position.
2020-5-17 02:00 | |
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Bitcoin has stabilized above $7,500 following yesterday’s upswing Analysts are now noting that a confluence of factors suggest BTC will decline slightly before finding enough support to catalyze continuance of this uptrend This comes after a period that some traders have described as “healthy consolidation” Bitcoin has been able to maintain all of its recent gains overnight, as the benchmark cryptocurrency has begun stabilizing above the $7,500 region even in spite of the strength of […]
2020-4-26 21:00 | |
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Bitcoin climbed higher nicely above $9,800, but it failed near $10,000 against the US Dollar. BTC price is currently declining, but it is likely to find support near $9,640 and $9,500. Bitcoin price failed again to gain strength above the $10,000 resistance area against the US Dollar. It is down more than $250, but there...
2020-2-24 08:28 | |
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Bitcoin’s recent price action has made it incredibly unclear as to where the cryptocurrency could be positioned to move next, with its recent drop below $10,000 suggesting that bulls do not have enough strength to surmount the resistance that exists around this price level.
2020-2-22 21:10 | |
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While XRP is trading at $0.23 and showing an almost 4-percent rise, traders are turning bullish and are naming $0.30 as the next target for TP
2020-1-18 14:24 | |
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While XRP is trading at $0.23 and showing an almost 4-percent rise, traders are turning bullish and are naming $0.30 as the next target for TP
2020-1-17 14:24 | |
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Waves remains bearish over the short-term and the medium-term horizon The four-hour time shows that a bearish head and shoulders pattern has formed The daily time frame shows that the WAVES / USD pair is trapped within a huge triangle pattern Waves is showing signs of possible price stabilization, as the cryptocurrency attempts to break […] The post Waves Price Analysis WAVES / USD: Building Strength appeared first on Crypto Briefing.
2019-10-16 16:04 | |
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Cryptocurrency platform Vertbase has raised eyebrows with a giveaway campaign that points out the flaws in traditional FIAT currency. “FED prints $75 billion, #GOCRYPTO” reads one of the posts.
2019-10-8 09:00 | |
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The ETC market price reawakens, though it is uncertain if it would survive in the currently depressed altcoin market.
2019-8-27 12:53 | |
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Centralization is a well-known problem of crypto markets. People often referred to as whales control a fifth of some markets and have the strength to promote manipulation whenever they want to. Tether, however, seems to be facing an even worse situation: only 318 crypto addresses actually control 80% of the circulating supply of Tether (USDT). […]
2019-8-8 00:08 | |
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Lambda has a bearish short-term bias, with price still trading below key technical resistance on the four-hour time frame The four-hour time frame shows that a large inverted head and shoulders pattern is building The daily time frame highlights that the cryptocurrency is attempting to build strength above its 50-day moving average Lambda / USD […] The post Lambda Price Analysis LAMB / USD: Going Strong appeared first on Crypto Briefing.
2019-8-8 17:02 | |
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As Bitcoin price struggles to maintain strength above $10,000 but is unable to push below $9,200, the crypto asset’s price chart has formed what appears to be a descending triangle – a bearish continuation pattern, that does have potential to break to the upside.
2019-8-2 23:00 | |
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Bitcoin is often called “digital gold,” pitched as an alternative to the real thing. In 2019, the meme is actually real, as the two assets have performed almost identically over the past 30 days.
2019-7-9 16:27 | |
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The saying goes, “what goes up, must come down. ” Yet to everyone’s surprise, Bitcoin’s downside resilience despite an over 100% gain over the last few months of parabolic growth has continued to prevent the correction most analysts expect from ever occurring.
2019-6-8 22:05 | |
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Litecoin (LTC), one of the most popular digital currencies in the market, seems to be experiencing a very positive time. The digital asset has been one of the best performing cryptos since December 2018.
2019-5-28 17:35 | |
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Ripple has a bullish short-term trading bias, with the cryptocurrency breaking above its 200-period moving average The XRP / USD pair has now moved above its 200-day moving average for the first time this year The daily time frame shows that a bullish triangle pattern breakout has now occurred Ripple / USD Short-term price analysis […] The post XRP / USD Price Analysis: Bullish Strength Pushes Case For Flippening appeared first on Crypto Briefing.
2019-5-14 16:22 | |
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As traders have begun to realize that the news regarding the financial status of Tether Limited (USDT’s issuer) and Bitfinex isn’t all too harrowing, Bitcoin (BTC) has recently stabilized.
2019-4-28 21:00 | |
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The latest bitcoin price rally has pushed the asset into an extremely overbought region which could likely result in an interim crash. The Relative Strength Indicator (RSI), an oscillator which studies the speed and change of price movements, measures a market’s sentiment on a scale of 0 to 100.
2019-4-9 16:58 | |
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Bitcoin is currently at its most expensive levels in 2019. According to the GTI Global Strength Indicator—a technical analysis tool that gauges intraday crypto volatility, bitcoin is currently in ‘overbought’ territory—suggesting it could be entering a “parabolic phase,” or be prepared for another downturn.
2019-4-7 11:38 | |
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Bitcoin: Most Overbought Since December 2017 Bitcoin (BTC), the most popular digital asset in the market, has currently reached an overbought record in more than a year. The GTI Global Strength Indicator shows that Bitcoin is the most overbought since it reached $20,000 in December 2017. A few days ago, the digital asset surpassed $5,000 […]
2019-4-6 01:56 | |
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The Singapore-based cryptocurrency exchange DragonEx has announced a security breach to its users via its official Telegram channel. In the message, a company administrator revealed that the hackers stole assets belonging to both the exchange and its users.
2019-3-27 22:58 | |
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Genesis Digital Assets Limited (GDA), a leading force in the global Bitcoin mining sector, has partnered with YPF Luz, a subsidiary of Argentina’s state-owned energy company YPF. Together, both partners have established a new Bitcoin mining facility that capitalizes on an innovative energy resource: stranded gas from oil fields.
Recent findings from BitMEX Research have reignited concerns about the centralization of Bitcoin mining. Their study, which cites insights from Bitcoin analyst Alex Bergeron, points out that a single entity now controls the Coinbase outputs for approximately 47% of the network hashrate—a significant concentration that suggests a shift toward oligopolistic tendencies within the Bitcoin mining […]
Bitcoin Core has officially launched version 27. 0, incorporating an array of enhancements and updates designed to bolster the functionality and security of the Bitcoin network. The update, which can be downloaded from the Bitcoin Core website and GitHub, includes notable changes in network protocols, security measures, and wallet operations.
On Tuesday, the crypto market was off guard when Cathie Wood’s ARK 21Shares spot Bitcoin ETF (ARKB) experienced a significant outflow. This marked the first time since the introduction of spot Bitcoin ETFs in the United States that one of the “Newborn Nine” surpassed the outflows of Grayscale’s Bitcoin Trust (GBTC).
The Bitcoin price has crashed from over $72,000 yesterday to as low as $65,500. As reported earlier today, there are several obvious reasons for this, such as the liquidation of extensive long positions on the red-hot futures market, expectations of a “higher for longer” policy by the US Federal Reserve as a result of hotter than expected inflation data and a relatively weak inflow day for the spot ETFs yesterday.
Just below the all-time high of $69,000, the Bitcoin price has shown more volatility in recent days, only to now tread water around $67,000. But this boredom could soon be over. Following the recent price movements, a notable pattern has emerged on the Bitcoin (BTC) price chart, as recognized by the seasoned crypto analyst Josh Olszewicz.
In a remarkable display of bullish momentum, the Bitcoin (BTC) price has surged, nearly touching its all-time high of $69,044 set in November 2021. The cryptocurrency’s value climbed to an impressive $68,848 before facing a 5% correction, subsequently dropping to $64,200.