Ethereum at Risk of Major Downside After Failing to Complete Key Pattern

It has been a rough past few days for Ethereum, with Bitcoin’s recent $13,800 rejection sending it plunging below $400 It has not been able to gain any strong momentum in the time since, and analysts do believe that this could indicate that further weakness is imminent ETH’s lackluster price action and severe underperformance has been one of the main reasons why other altcoins have been heavily underperforming BTC One analyst is now noting that […] дальше »

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A Stable/Bullish Bitcoin Puts Chainlink (LINK) On Road to $20: Analyst

If Bitcoin achieves stability or further bullishness in the sessions ahead, it could help its rival asset Chainlink (LINK) add more value to its market capitalization. дальше »

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Ethereum Rebounds Following Recent Nosedive; What Analysts are Expecting

Ethereum has been taking a beating throughout the past few days as all eyes closely watch Bitcoin The crypto has been severely underperforming BTC as of late, with the benchmark digital asset seeing a sharp rise in market dominance as altcoins stagnate This could be due to ETH and other alts lagging, which would indicate that a sharp move higher is imminent in the near-term One analyst is noting that a reclaim of $410 is […] дальше »

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Analyst Who Predicted Bitcoin’s Reversal to $10k Thinks $16k Is Next

Bitcoin could rocket even higher in the near to medium term. One analyst believes that $16,000 is in sight after BTC managed to flip $10,000 into support. The analyst who made this assertion is the same one that predicted BTC would undergo a V-shaped reversal to $10,000 by May or June. дальше »

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How Bitcoin Supply Shock Could Drive Next Major Rally: Analyst

The bitcoin price has returned to top $13k once again. A supply shock theory following the halving suggests that the next major bull cycle could be about to begin. There is no denying that bitcoin has been in its most bullish state for 16 months, and it is just a few hundred dollars away from […] The post How Bitcoin Supply Shock Could Drive Next Major Rally: Analyst appeared first on BeInCrypto. дальше »

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Large Bitcoin Holders Just Moved 80,000 BTC; Analysts Grow Cautious

Bitcoin is in the process of testing its 2020 highs again as bulls attempt to take the reins and guide it to see further upside It has been struggling to gain any serious near-term momentum due to the selling pressure at $13,200, but once broken, it could rally towards $14,000 Despite its overt bullishness at the present moment, there are a few bearish signs that may indicate that a selloff is brewing One analyst is […] дальше »

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One More Crash Required Before Bitcoin Hits $20K: Analyst

Bitcoin remains at risk of crashing below $10,000 even as its long-term fundamentals look incredibly bullish. The benchmark cryptocurrency could fall into the $8,000-8,500 area, according to a trade setup presented by a TradingView-based analyst. дальше »

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Analyst Who Called 2018 Bottom Fears Bitcoin Will See Steep Drop

Bitcoin could undergo a strong correction in the weeks ahead as it forms a bearish short-term to medium-term outlook. This is compounded by a futures market positioning “overhang” noted by JP Morgan analysts. дальше »

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Do or Die: Ethereum Tests Critical Support Region as Bears Try to Regain Control

Ethereum has been struggling to garner any technical strength in the time following its dip below $380 This is a critical level that has determined its trends in the past, and the break below it is quite bearish Where the entire market trends next will likely depend on Bitcoin, but any near-term BTC downside could force ETH below a critical support level It is currently trading just a hair above this level, and one analyst […] дальше »

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Calm before the storm? Analyst says $20K Bitcoin possible in 3 months

Mohit Sorout says Bitcoin could rise to a new all-time high in three months when it breaks out of the existing range.

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Here’s How High Bitcoin May Rally Before Losing Steam

Bitcoin’s price has been showing signs of strength as its consolidation phase continues Although its upwards momentum has faltered, its current stability within the mid-$11,000 region is promising, as it points to some underlying strength amongst bulls Where the cryptocurrency trends in the near-term will likely depend primarily on its reaction to a couple of key levels One analyst is noting that a strong upside movement could be imminent in the near-term That being said, […] дальше »

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Ethereum Remains Strong So Long as It Defends One Critical Level

Ethereum and the entire cryptocurrency market are currently caught within a consolidation phase This has come about due to Bitcoin’s tight bout of trading between $11,400 and $11,600 ETH is trading above a critical level that it was previously struggling to surmount This is a bullish sign that indicates it may be well-positioned for a strong move higher in the near-term That being said, one analyst believes that ETH’s price could drift significantly lower while […] дальше »

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Ethereum is on the Cusp of Making a Full Recovery; Here’s What to Watch For

Ethereum’s price action has been closely tied to that of Bitcoin as of late But while Bitcoin has broken multiple key resistance levels, ETH remains below the crucial $380 level This level has yet to be broken, with each visit here sparking a slight selloff Where Ethereum the entire market trends next will likely depend on Bitcoin and whether or not it can extend its upwards momentum One analyst is noting that Ethereum could be […] дальше »

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Analyst: Breaking This One Level Could Send Bitcoin to $14,000+

Bitcoin’s price has been consolidating in the time following its strong surge up to highs of $11,400 The cryptocurrency has yet to revert any of these gains and appears to be gearing up for another big push higher Where the market trends next will likely depend on BTC, as it has been firmly guiding the altcoin crypto market One analyst is now noting that Bitcoin could soon see a move to over $14,000, but he […] дальше »

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No Stimulus Check? Bitcoin Price Could Hit The Roof, Analyst Reckons

The excessive printing of fiat currencies in the United States to provide monthly stimulus aid for its citizens has since been in favor of Bitcoin, as traditional investors are transitioning from regular assets to leading cryptocurrencies like Bitcoin. дальше »

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Analyst Claims Chainlink Could Plummet Below $7.00 as Selling Pressure Ramps Up

Chainlink, despite being the darling of the crypto market since 2017 for altcoin traders, is now facing some immense turbulence – the likes of which haven’t been seen in years. The cryptocurrency gained notoriety for its ability to consistently set fresh highs while the rest of the market was reeling lower in the wake of […] дальше »

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Analyst: Bitcoin Stability Could Help Launch Altcoins Higher in Q4

Bitcoin’s price action has been creating significant fear amongst investors, with analysts and traders widely expecting it to see downside once its ongoing consolidation phase ends. This fear is clearly seen while looking towards BTC’s funding rates, which are extremely negative at the moment as demand for short positions rockets higher. Much of this sentiment […] дальше »

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As Long as Bitcoin Holds $10,500, Price Could Hit $11,200: Analyst

Bitcoin has stagnated at the local highs around $10,700 over the past few hours and days. The leading cryptocurrency remains below the highs it set last week prior to the BitMEX news breaking. Analysts are still optimistic about the cryptocurrency despite the ongoing stagnation and relatively weak price action. дальше »

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Bitcoin to see $100,000 by 2025: says analyst

According to the analyst from Bloomberg, Bitcoin could soon be on course for $100,000...

The post Bitcoin to see $100,000 by 2025: says analyst appeared first on Coin Journal.

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Willy Woo on Regulatory Sweep: This Is One of Those ‘Herd Is Coming’ Events

Now that BitMEX has a target on its back, there is a cloud of uncertainty surrounding one of the leading cryptocurrency exchanges. According to widely cited on-chain market analyst Willy Woo, however, the latest regulatory and criminal crackdown could pave the way for the herd to finally arrive in the cryptocurrency space. дальше »

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Bitcoin Has Yet to Break Key Resistance Despite Strong Monthly Close

Bitcoin is currently posting a somewhat weak attempt to shatter the resistance laced throughout the upper-$10,000 region A break above here could open the gates for a move post $11,200, which would mark an end to its recent bout of sideways trading That being said, the crypto has yet to firmly climb above one key level that an analyst is closely watching Until it does so, the significance of this recent push higher remains somewhat […] дальше »

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Here’s Why Ethereum Might Plunge to $340 Before Ending Its Bear Trend

Ethereum’s price action has largely been in sync with that of Bitcoin and the entire crypto market Bulls and bears have both attempted to control its mid-term trend, but this has just resulted in a prolonged bout of sideways trading One analyst believes that the market might see some slightly further selling pressure in the near-term, which could slow its ascent and cause it to reel lower He is specifically setting his sights on a […] дальше »

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Analyst: Chainlink Could Still Set Fresh Lows Despite Yesterday’s 30%+ Rally

After a multi-week bought of grinding lower, Chainlink saw a capitulatory decline earlier this week that came about in the form of a sharp downturn. This caused LINK to plummet to lows of under $7. 50 – marking a massive decline from its $20. дальше »

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Yearn.finance (YFI) On “Life Alert” After Weak Attempt To Hold Support

Yearn. Finance (YFI) had such an abrupt rise to fame, now that momentum has changed, the plunge could be equally as dramatic. Thus far, any attempt to hold above support has been weak, says one crypto analyst. дальше »

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Analyst: Ethereum May Grind to $280 Before ETH 2.0 Hype Propels It Higher

Ethereum and other altcoins have been struggling to garner any strong momentum following the massive declines posted earlier this week This weakness came about as a result of Bitcoin’s rejection at $11,200, which is a level analysts have been watching Until BTC’s macro outlook begins growing more positive, Ethereum will likely continue struggling as well That being said, some positive technical developments in the coming months could help boost its outlook One analyst is noting […] дальше »

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This XRP Fractal Predicts Ethereum Could Soon Swing Back Above $400

Following legacy markets, Ethereum and XRP have undergone strong corrections over the past week. According to an analyst, though, the price of ETH could soon undergo a bullish recovery above $400. This comes as analysts have affirmed that ETH’s fundamentals are more bullish than ever. дальше »

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DeFi’s Critical Correction Could Drag Bitcoin Lower, Analyst Says

While Bitcoin has been relatively stagnant over recent days, top coins in the decentralized finance have been undergoing strong corrections. Analysts think that this could result in a strong correction in BTC itself. дальше »

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Analyst: Bitcoin May First Tank to $9,700 Before Rallying to Fresh Highs

Bitcoin bulls and bears are currently deadlocked as the cryptocurrency trades around $11,000 This price region has proven to be heavy resistance for BTC in the past, and whether or not it can be surmounted in the coming day or so should provide insight into the strength of BTC’s bulls A rejection here could cause it to see some notable downside in the near-term, sending shockwaves throughout the entire cryptocurrency market One analyst is noting that […] дальше »

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Analyst Sees Ethereum in “Reversal Stages” as Price Dips 20%

Ethereum is on the track of registering more losses eves as it trades 196 percent higher on a year-to-date timeframe. A pseudonymous analyst highlighted a string of technical and fundamental catalysts that could push the second-largest crypto lower. дальше »

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Here’s How High Bitcoin Could Run Before Facing Immense Selling Pressure

Bitcoin has seen some incredibly strong price action throughout the past few days After establishing the region between $9,900 and $10,000 as a baseline support level, bulls have now stepped up and propelled it back up towards $11,000 This current strength has struck a blow to bears, although BTC hasn’t reached the clear just yet One analyst is noting that the region between $11,100 and $11,200 is where he is expecting Bitcoin to face some […] дальше »

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Ethereum is Nearing Crucial Resistance; Rejection Here Could Spark Move to $300

Ethereum’s price is currently struggling to surmount some heavy resistance, which has caused it to lag behind Bitcoin today This resistance, which exists at $380, has hampered its price action on multiple occasions throughout the past few weeks Despite this, because BTC is now nearing $11,000, a break above this crucial level will likely catalyze some intense buying pressure that also creates a tailwind for ETH One analyst noted that this region of resistance between […] дальше »

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Altcoins Could See “More Blood” as Bitcoin Dominance Reaches Bedrock Support

Bitcoin has been firmly guiding the altcoin market throughout the past week or so, with mid-cap and small-cap cryptos firmly tracking its every move This trend has come about following a period in which these tokens significantly outperformed the benchmark crypto This trend led BTC’s dominance over the aggregated market to plunge lower, and it now appears to have reached a bedrock support level One analyst believes that this support level will allow Bitcoin’s dominance […] дальше »

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This Grim Technical Pattern Suggests Ethereum May Plunge to $240

Ethereum has seen a strong rebound from its recent lows, which has allowed it to outperform Bitcoin and most other digital assets throughout the past day This rebound has led it from lows of $320 to highs of over $380 Bulls are now vying to push the crypto back into the $400 region, which could allow it to reclaim its bullish market structure and see further upside One analyst doesn’t believe this is going to […] дальше »

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Bitcoin Could Be Coiling Up for a Move to $11,000 as Bulls Spark Slight Rally

Bitcoin and the aggregated crypto market have been flashing some signs of strength throughout the past day While BTC rebounded hard from its key support at $10,000, ETH was able to climb back up towards the upper-$300 region This marks a notable rise from its recent lows that were set earlier this week Where the market trends in the coming hours and days should provide significant insight into its near-term outlook One analyst is noting […] дальше »

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Analyst Gives 3 Reasons Why Bitcoin Could Bounce Back from $10K

As Bitcoin plunged from near $10,500 to below $10,000 within a week, many compared its fall to the one from March 2020. Five months back, a liquidity crisis has caused a severe crash across the global markets. дальше »

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Bitcoin Hammers Key Support Level as All Eyes Continue Watching $10k

Bitcoin has once again faced a massive influx of selling pressure that caused its price to dip back towards its key support at $10,000 The cryptocurrency is navigating beneath this level, which means that it may soon once again test its critical support at $9,900 The multiple tests of this level that it has undergone in recent times seems to indicate that significant downside could be imminent One analyst is noting that a failure to […] дальше »

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Bitcoin in “Golden Accumulation Zone” After 20% Plunge: Analyst

It may be the best time for Bitcoin traders to refill their crypto bags now that the asset trades near its multi-week lows, according to analysts at Phi-Deltalytics. The chart analysis portal stated that Bitcoin is in a “golden accumulation zone,” citing a string of fundamental and technical catalysts that could propel the cryptocurrency’s price higher. дальше »

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Analyst PlanB Predicts Bitcoin Price Could Multiply 3X From The $288,000 Stock-to-Flow Price By 2024

The bitcoin price has been heading south in recent days. Nonetheless, quantitative analyst PlanB, the creator of the popular bitcoin stock-to-flow models, predicts that BTC could parabolically grow 3X from the $288K that the model currently projects. дальше »

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Ethereum May Dive to $295 as Bears Strike a Blow to Its Market Structure

Ethereum has seen some intense selling pressure throughout the past few days, which reached a boiling point overnight when its price declined to lows of $330 The cryptocurrency is now stabilizing following this movement, but sellers appear to be stepping up and catalyzing further selling pressure One analyst is now noting that ETH could decline as low as $295 in the near-term This downside movement may come about as a result of the selling pressure […] дальше »

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Why Chainlink’s Price Could Drop Further As Network Usage Declines

The cryptocurrency market has been on a decline for most assets. While the dip is mostly a shock to most, it seems there is a rational explanation for Chainlink’s downward trend. According to an analyst Timothy Peterson, the dip is likely to worsen because of a recent decline in the use of the Chainlink network. […] дальше »

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Bitcoin Price Could Leap To $500,000 Or Crash To Zero, Says Bloomberg Analyst

On September 1, the bitcoin price hit $12,000 again for the fourth time since August 2, sparking a lot of optimism among investors. This was, however, followed by a fierce sell-off as bitcoin corrected towards 11,000. дальше »

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Why Bitcoin Could Soon Return to Monday’s Price Levels After $12k Test

Bitcoin is looking to retest $11,760 as support, a cryptocurrency analyst recently shared. He made these comments as BTC/USD showed signs of an extended downside correction a day after retesting $12,000 as a level of resistance. дальше »

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Analyst: Ethereum May Target $650 After Invalidating Signs of Bearishness

Ethereum and the entire crypto market have shown some signs of strength today This has allowed ETH to push up towards $500, with the cryptocurrency rallying to highs of $475 before seeing some stalling momentum Analysts don’t believe that this ongoing upsurge is anywhere close to being completed One trader noted that his bearish scenario for ETH has now been invalidated, suggesting that further upside could be imminent Another trader is now setting his sights […] дальше »

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As YFI Breaks Bitcoin’s All-Time High Level, Messari Analyst Says It Could Very Well Reach $1 Billion And Here’s Why

YFI is the latest Ethereum-based DeFi to take the crypto space by storm. Within two months of launching, the yearn finance native token has become the number one yield farming protocol in the crypto market. дальше »

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Next Bitcoin Leg Up Could “Overshoot” $15K, $12K Wont Hold Back Rally

Bitcoin price is currently holding above important weekly support. With just three days left for the weekly close, the next few days are critical. If the cryptocurrency can break through, $12,000, which one analyst claims won’t hold much longer, the next leg up could “overshoot” most targets and touch $15,000. But although that outcome is […] дальше »

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Analysts Predict US Presidential Election Outcome Could Collapse Dollar, Boost Bitcoin and Gold

Analysts have predicted a bearish outlook for the U. S. dollar as the country’s 2020 presidential election approaches. One analyst says gold will correct with Donald Trump’s victory followed by the collapse of the U. дальше »

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Bloomberg Predicts Gold at $3K, Bitcoin at $20K in Current Bull Run

A bullish comment on gold by a top Bloomberg Intelligence analyst could leave Bitcoin in a similar upside spell. The firm’s senior commodity strategist, Mike McGlone, said in his August update that he expects the precious metal’s price trajectory to accelerate. дальше »

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Here are the Simple Factors That Could Pull Bitcoin Towards Its 2020 Highs

Bitcoin is showing tempered signs of strength at the present moment as its price pushes up towards $11,800 The cryptocurrency has been seeing slight weakness in recent days, making this latest upswing a welcome development for bulls BTC has yet to break its prolonged consolidation phase between the lower-$11,000 region and $12,000 Some factors suggest a break of this range is imminent in the near-term One analyst is pointing to stock market strength and weakness […] дальше »

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Bitcoin Could Soar to $15,800 in Medium-Term, Analyst Explains Why

As Bitcoin struggles to continue its bullish momentum above $12,000, an analyst still sees the cryptocurrency breaking above the $15,000-level. Josh Olszewicz, in his Monday tweet, pictured the Bitcoin uptrend on a popular trend channel tool called Andrews’ Pitchfork. дальше »

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Analyst Who Predicted 2018’s Bottom Predicts Bitcoin Could Hit $13,000

Bitcoin has seen a strong retracement since the Monday highs of $12,500. As of this article’s writing, the leading cryptocurrency trades for $11,550, slightly above the daily lows at $11,500. дальше »

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