Bitcoin Dominance May Suggest a Massive Altcoin Selloff is Inbound

Bitcoin and the aggregated cryptocurrency market have incurred some notable upwards momentum overnight, allowing many altcoins to surge and put some significant distance between their recent lows. This momentum, however, may be short-lived as analysts closely watch to see how Bitcoin’s dominance over the market reacts to a key level, as a bounce at its current level could lead to a selloff amongst altcoins. дальше »

2020-2-24 22:27

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Here’s Why Ethereum Could Realistically Rally to $800 in the Near-Term

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 […] дальше »

2020-2-20 20:59

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Bitcoin Could See an Intense Reversal if It Breaks Below this Critical Level

Bitcoin has been caught within the throes of intense turbulence over the past day, with the cryptocurrency incurring a violent selloff yesterday that sent it reeling from $10,200 to lows of $9,200. In the time since this capitulatory drop, Bitcoin has been able to climb higher, and its early-morning volatility seems to suggest that bulls and bears are currently engaged in an intense battle for control over the cryptocurrency. дальше »

2020-2-20 20:24