Bitcoin: Why a bear trap will boost the king coin

2023-5-28 07:30

BTC could be leaving its formerly formed bear trap. A bullish divergence could lay grounds for a short-term rally. In the last seven days, the value of Bitcoin [BTC] decreased by 7.14% whileThe post Bitcoin: Why a bear trap will boost the king coin appeared first on AMBCrypto.

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Источник: ambcrypto.com

bear trap → Результатов: 48


XRP/USD and Stellar Lumens [XLM/USD] Price Analysis: Bear reigns as prices stagnate

The cryptocurrency market saw a roller-coaster ride over the past couple of months, and that was reflected in the prices and market caps of top cryptocurrencies. XRP, the third largest cryptocurrency, was stuck in the bear trap with no room for any bullish movement, while Stellar Lumens [XLM], which performed well at the start of […] The post XRP/USD and Stellar Lumens [XLM/USD] Price Analysis: Bear reigns as prices stagnate appeared first on AMBCrypto.

2019-4-26 05:00


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Bitcoin Price Analysis: Range-Bound Market Coiled for Next Move

For the better part of a month and a half, bitcoin has been fairly range-bound and unable to establish new lows or new highs. There are some bullish and bearish setups on the horizon for bitcoin, so let’s check out both sides of the argument because currently the market is sitting in the middle of Indecisionville — the most immediate sign of which is this glaringly obvious head-and-shoulders bottom reversal pattern:Figure 1: BTC-USD, Daily Candles, Head-and-Shoulders BottomThis current pattern is nothing more than a setup at the moment, but it represents one potential outcome of this sustained consolidation.

2019-1-4 02:22


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Litecoin [LTC] Price Analysis – Identifying the Most Likely Reversal Area, Possible Bear Trap?

Litecoin was not spared during Wednesday’s sharp drop. Its price fell 14%, from 51 to 44$. Below we are going to offer an analysis of what might happen in the following months. A look at the weekly chart shows us that the price has been facing resistance from the 9-day SMA (Simple Moving Average) since […] Litecoin [LTC] Price Analysis – Identifying the Most Likely Reversal Area, Possible Bear Trap? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-11-16 13:54


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Bitcoin's affair with Coinbase - Over $1 billion in BTC moved and more...

There have been seven batches of outflows of over 15,000 BTC from Coinbase since February BTC also recorded its highest netflows since December 2023 A recent analysis has identified a consisThe post Bitcoin's affair with Coinbase - Over $1 billion in BTC moved and more... appeared first on AMBCrypto.

Bitcoin price hikes by +5% after softer-than-expected U.S CPI report

U.S CPI data rose to 0.3%, slightly below the expected 0.4% in April. Market saw some relief after April's slow inflation reading, with BTC jumping by +5% Risk-on markets, including Bitcoin The post Bitcoin price hikes by +5% after softer-than-expected U.S CPI report appeared first on AMBCrypto.

Examining how Bitcoin ETFs drove Galaxy Digital's 40% hike

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Toncoin beats Bitcoin with stunning 160% gain, but there's a catch

TON has gained over 160% more than BTC so far. TON has also seen more activity in some on-chain metrics. Toncoin [TON] has emerged as the only Layer 1 Network capable of competing effectivelThe post Toncoin beats Bitcoin with stunning 160% gain, but there's a catch appeared first on AMBCrypto.

Bitcoin ETF 13F filings 'just a down payment' on BTC: Exec

So far, professional investment firms own about $3 billion of BTC ETFs. Bitwise exec term $3B as a ‘down payment’ as allocation will increase in 6 months.  Despite the discouraging markThe post Bitcoin ETF 13F filings 'just a down payment' on BTC: Exec appeared first on AMBCrypto.

Decoding Bitcoin’s 20% hashrate decline: Why are miners struggling?

Less efficient miners are beginning to leave the network. On-chain metrics flash a buy signal. The decline in Bitcoin’s [BTC] hashrate post-halving hinted at a potential miner capitulationThe post Decoding Bitcoin’s 20% hashrate decline: Why are miners struggling? appeared first on AMBCrypto.