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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 »
2020-10-12 22:00 | |
Bitcoin’s Rally Could Accelerate Towards $12,000 if It Breaks Crucial Level
Bitcoin’s price has finally broken back above $11,000 after a prolonged period of consolidation around $10,700 This move marks an extension of the momentum that was incurred following news of Square’s plan to purchase $50 million worth of BTC. дальше »
2020-10-9 21:00 | |
Price analysis 10/9: BTC, ETH, XRP, BCH, BNB, DOT, LINK, CRO, LTC, BSV
Bitcoin and select altcoins have broken out of their bullish setups, hinting that further upside could occur through the weekend. дальше »
2020-10-10 20:26 | |
DeFi Token Yearn.Finance (YFI) Breaks Massive Pattern Neckline, What’s Next?
Yearn.Finance (YFI) has stolen the attention away from most other DeFi tokens, Ethereum, and Bitcoin thanks to an amazing run where tens of thousands per coin in value were added. But the Ethereum-based ERC20 token has recently broken below and is now retesting the neckline of a massive head and shoulders pattern. If the altcoin […] дальше »
2020-10-3 23:00 | |
Is Bitcoin’s Monthly Close Bearish or Bullish for Q4 Outlooks?
Bitcoin (BTC) reached a relatively positive close for the month of August. Even though the price has broken out from a neutral pattern, short-term decreases could occur before BTC resumes its upward trend. дальше »
2020-10-1 13:44 | |
Could Bitcoin futures' low premium be a good entry point for traders?
The volatility in the crypto market has been growing and Bitcoin has broken out of its consolidation phase. This uptick in volatility may indicate a larger game at play for the future of Bitcoin. дальше »
2020-10-1 22:30 | |
Bitcoin Remains Stuck Below Key Technical Level as Bulls Try to Take Control
Bitcoin’s price has been stagnant throughout the past several weeks and months, with buyers and sellers being unable to gain firm control of its near-term outlook The crypto is now pushing up towards $10,800, which has proven to be a heavy resistance level throughout the past several days and weeks If this level continues holding strong as resistance, whether or not it is broken above should offer profound insights into BTC’s near-term outlook A firm […] дальше »
2020-9-27 19:00 | |
Here’s the Key Level Bitcoin Needs to Close Above to Kick Off an Uptrend
Bitcoin’s price action has been choppy over the past couple of weeks, with bulls and bears reaching an impasse as it consolidates between $10,200 and $11,200 These two levels have proven to be strong support and resistance, and which one is broken first could offer some significant insights into its near-term outlook As for where it may trend in the near-term, one trader is noting that it all depends on its upcoming weekly candle close […] дальше »
2020-9-27 02:00 | |
Demand for Ethereum Boosts Market Structure; Will This Propel ETH Higher?
Although Bitcoin’s reaction to $11,000 sparked a slightly harsh rejection, Ethereum’s price has remained rather stable around its $380 resistance level This resistance has held strong on multiple occasions throughout the past few days and weeks, with rejections here catalyzing some of ETH’s largest declines The importance of this level cannot be understated, but whether or not it is broken may depend largely on Bitcoin’s continued reaction to $11,000 Analysts are noting that ETH does […] дальше »
2020-9-18 23:00 | |
Price analysis 9/16: BTC, ETH, XRP, DOT, BCH, BNB, LINK, CRO, LTC, BSV
Bitcoin and a few altcoins have broken above key resistance levels, which suggests that the bulls are attempting to take control of the market. дальше »
2020-9-17 00:30 | |
These Factors Suggest Bitcoin is Building Pressure to Make a Massive Move
Bitcoin is once again teetering on the brink of seeing some serious downside, as the cryptocurrency is struggling to hold above its key $9,900 support The benchmark crypto has yet to plunge beneath this level, but the chances of it being broken do appear to be growing by the hour Most investors are anticipating this to result in a move down towards its CME gap at $9,700, which has yet to be filled Filling this […] дальше »
2020-9-9 02:00 | |
Bitcoin is Conducting a “Bullish Retest” as It Hits Critical Support Level
Bitcoin is ardently attempting to hold above $10,000, as this crucial psychological support level has been broken and reclaimed on multiple occasions throughout the past several hours. Earlier today, the cryptocurrency showed some significant signs of weakness as it pushed below this level, with bears sending it as low as $9,900 before it saw a […] дальше »
2020-9-7 19:00 | |
Bitcoin’s Key Psychological Level Showing ‘Strength’ But Price Could Still Drop Another 30%
The weekend didn’t bring any reprieve for digital currencies, rather resulted in bitcoin falling to $9,850 briefly before going back above the $10,000 level. The good thing for bitcoin is that the key psychological level of $10k, although broken a few times, has managed to hold the fort. дальше »
2020-9-7 15:37 | |
Current Bitcoin Pullback Unlike 2018 Bear Market – Analyst Explains Why
Bitcoin has been on a continuous downtrend in the last 48 hours, losing 5% in just 24 hours. This has led to panic across the crypto community as uncertainty looms. Several key levels have been broken for several cryptocurrencies and Bitcoin isn’t left out. дальше »
2020-9-7 12:52 | |
Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, LINK, NEO, XEM
A short-term bottom for Bitcoin and altcoins may be confirmed if the bulls do not allow the recent lows to be broken during the next fall. дальше »
2020-9-7 21:47 | |
Bitcoin’s Looming Breakout Could Make for New 2020 Highs
The Bitcoin (BTC) price has broken out from a crucial resistance area and invalidated a number of bearish wave counts. This makes it likely that BTC has begun a new upward wave that takes it above the current yearly highs. дальше »
2020-9-2 12:17 | |
What Does Bitcoin’s Dominance Rate (BTCD) Breakdown Mean for Altcoins?
The Bitcoin Dominance Rate (BTCD) has broken down below a support level that has been in place since June 2019. Unless it is successful in reclaiming it, the BTCD is expected to continue moving downwards. дальше »
2020-9-1 16:03 | |
Bitcoin’s Price is Hovering Above “Last Ditch” Support Following Recent Selloff
Bitcoin is currently teetering above its crucial support at $11,300 This level has been holding strong over the past day, but an influx of selling pressure has put it at risk of being broken below in the near-term This level also happens to coincide with the benchmark crypto’s 200-day ema, which is a crucial technical level that must be defended If this technical and horizontal support is lost in the days ahead, BTC could be […] дальше »
2020-8-27 02:00 | |
Here’s the Key Support Bitcoin Must Defend to Avoid Serious Downside
Bitcoin has been struggling to garner any clear upwards momentum throughout the past several weeks This has degraded its technical strength, resulting in it seeing heightened selling pressure Analysts are growing somewhat cautious about the crypto’s near-term outlook Nonetheless, it is essential to note that it remains above multiple crucial levels As such, until these support levels throughout the lower-$11,000 region are broken, BTC may still be well-positioned to see further upside Bitcoin and the […] дальше »
2020-8-26 02:00 | |
Wall Street veteran still thinks Ethereum will continue to outperform Bitcoin
As Bitcoin has broken higher over the past two days, the leading cryptocurrency has finally begun to gain ground against Ethereum. The post Wall Street veteran still thinks Ethereum will continue to outperform Bitcoin appeared first on CryptoSlate. дальше »
2020-8-18 14:00 | |
Bitcoin Cash, Stellar Lumens, BAT Price Analysis: 18 August
Stellar Lumens had a stellar week in the market while Bitcoin Cash and continued to trade beneath its immediate resistance. Interestingly BAT has broken out of a consolidation zone and is likely lead The post Bitcoin Cash, Stellar Lumens, BAT Price Analysis: 18 August appeared first on AMBCrypto. дальше »
2020-8-18 13:30 | |
These 4 Trends Show Bitcoin Is on the Verge of a “Multi-Year Bull Run”
Bitcoin is pressing higher after consolidating under $12,000 for two weeks. The asset trades at $12,400 as of this article’s writing, having broken above important resistance levels. BTC remains below critical long-term resistances at $14,000, but analysts are expecting the start of a macro bull run. дальше »
2020-8-18 02:59 | |
Third Time’s the Charm? Bitcoin Breaks Above $12,000; Top Altcoins Coming Out of Hibernation to Make a Splash
Bitcoin has broken above $12,000 today to hit $12,222 on Bitfinex. This has been the third time this month and is to be seen if we will be able to sustain this level. On CME, bitcoin futures are trading about 1% higher. дальше »
2020-8-17 17:57 | |
Bitcoin Dominance Rate Breaks Down From Long-Term Support
The Bitcoin dominance rate (BTCD) has broken down from a long-term support level. A bounce near 59% is expected before the downward trend resumes. Bitcoin Dominance Rate Woes The Bitcoin dominance rate has been decreasing since May 8 when it reached a high just below 70%. дальше »
2020-8-17 15:15 | |
Analyst: Bitcoin Could Surge to $17,000 Once This Crucial Level is Broken
Bitcoin has been caught within a bout of sideways trading for the past couple of weeks This has led it to form a relatively wide trading range between $11,200 and $12,200 The crypto’s buyers have been ardently guarding against a dip to below the lower boundary of this range, as a strong upswing follows each visit here Analysts are now noting that BTC may be positioning itself to see significantly further gains in the short-term […] дальше »
2020-8-16 19:00 | |
The US Dollar is “Ready to Break Down” – How This May Impact Bitcoin
As Bitcoin continues establishing its position as a major asset on the global stage, its correlation to other markets has been shifting. Although it was strikingly correlated to the stock market in late-February and early-March, its price action has since broken this, now becoming more closely tied to gold and other precious metals. An interesting […] дальше »
2020-8-15 05:00 | |
Bitcoin over $12,000 - A collective goal for retail and institutions?
It feels like just a few weeks ago we were talking about Bitcoin's $10,000 breakout, and now the cryptocurrency is positioned to go past $12,000. This wouldn't be the first time Bitcoin has broken oveThe post Bitcoin over $12,000 - A collective goal for retail and institutions? appeared first on AMBCrypto. дальше »
2020-8-15 00:00 | |
Bitcoin Working on Being a Reserve Asset while S&P 500, Yield, & Inflation Takes the Wheel
The equities market is yet again just inches away from its all-time high. Yesterday, the ATH from February was briefly broken only for the S&P 500 to retrace a bit, currently sitting at 3,382. Another small leg higher today, and it will breach the new ATH at 3,387.89. It only took 175 days for the […] дальше »
2020-8-13 20:24 | |
Raoul Pal On Why Bitcoin Is Set To Be The Best Performing Major Asset In The World Over The Next 24 Months
Macro investor Raoul Pal said despite the recent price rally, Bitcoin still has a long way to go and that could eventually put it at the million-dollar mark in the next 5 years. In a recent tweet, Pal examined Bitcoin’s long-term chart, which has recently broken out of consolidation. дальше »
2020-8-13 00:58 | |
Matic Network Shoots 15% Higher—Why Analysts Are Expecting More Upside
While Bitcoin and Ethereum have stalled over the past 24 hours, Matic Network (MATIC) has broken out. The prominent altcoin, currently the 96th largest by market capitalization, is up 15% in the past 24 hours alone. дальше »
2020-8-11 04:49 | |
Boomer’s Bitcoin Smashes $2,000 to a New ATH, Is it Time for Digital Gold to Hit $20,000?
For the first time in history, Gold has broken above $2,000. Interestingly, in the current search for alternative assets, the older generation has taken to buying gold, and the younger generation is into Bitcoin, said JP Morgan strategists led by Nikolaos Panigirtzoglou. дальше »
2020-8-5 16:47 | |
Bitcoin Falls After Failing To Create a Higher-High
On July 30, Bitcoin (BTC) seemingly began another rally but was stopped before reaching the previous high, creating a long upper-wick in the process. The price has broken down from a short-term ascending support line and looks to be heading towards the closest support areas. дальше »
2020-7-30 11:45 | |
Here's what Bitcoin's rising correlation with gold means
The Bitcoin market has finally broken out of its consolidation phase and surged past its important resistance at $10k. As the world's largest crypto hovers just over $11k, it was also moving close to The post Here's what Bitcoin's rising correlation with gold means appeared first on AMBCrypto. дальше »
2020-7-30 01:00 | |
These Top Coins Including XRP Have Finally Started Moving
Bitcoin is enjoying a ride with the price now above $11,000. For the first time, the largest digital asset has broken its long-standing trendline resistance that dates back to mid-December 2017. Even Bitcoin dominance has started to recover, which isn’t good for altcoins that have been enjoying a rally for the past few weeks, although […] дальше »
2020-7-29 18:36 | |
Bitcoin is Heading to Break Last Year’s High: Bloomberg Analyst
The world’s largest cryptocurrency has gone past $10,000 and is trading well into $11,000. During the last bull run, the first time bitcoin hit $10k; it took two weeks to break the ATH of $20,000. This time, Bitcoin has been holding stable for four months when its physiological barrier of $10,000 was broken. However, despite […] дальше »
2020-7-29 16:32 | |
Why Bitcoin May Be In For a Fall Towards $6,000
Bitcoin risks plunging back towards $6,000 purely based on a historical technical setup. The analogy appears after switching a BTC/USD chart from normal to a more precise logarithmic scale. It shows that the cryptocurrency has not precisely broken above its long-term descending trendline resistance. дальше »
2020-7-29 14:00 | |
$12k Bitcoin Can Unlock Prices “As High as Imagination” Will Allow: Analyst
Bitcoin has faced a rejection after surging as high as $11,500 on Monday. As of the time of this article’s writing, BTC is at $10,800. Analysts remain optimistic despite this drop from the local highs, arguing that the bearish market structure that persisted last week is now broken. дальше »
2020-7-28 15:00 | |
This Golden Bull Market Factor Predicts Bitcoin Will Rocket to $14k
Bitcoin price has broken up out of its trading range and has potentially also broken out of a massive, multi-year triangle. If the breakout can hold and confirm, the first logical target according to an important bull market factor would be $14,000. дальше »
2020-7-28 23:00 | |
Bitcoin has only 30 percent chance of breaking $17,000 this year, according to this “estimate”
Cane Island Alternative Advisors’ Timothy Peterson is placing the probability of Bitcoin reaching $17,000 by the end of 2020 at 30%, now that it has broken through $10,000. It will take roughly a 70% rally from the current price of Bitcoin to attain that height. дальше »
2020-7-27 00:17 | |
Bitcoin Is “Teetering” as Price Prepares to Move Below Crucial Support
This may sound like a broken but Bitcoin has once again flatlined in the low-$9,000s. For the past two to three weeks, the leading cryptocurrency has traded within a few percentage points of $9,200 on both sides. дальше »
2020-7-16 04:00 | |
As Bitcoin’s Volatility Hits Historic Lows, Traders are Eyeing a Move to $13,000
All of Bitcoin’s recent volatility has occurred within a relatively tight trading range between $9,000 and $10,000. There have been a few occasions in which the cryptocurrency has broken above or below these range boundaries, but each time has been short-lived and followed by a swift movement back into the range. This range was first […] дальше »
2020-7-11 00:00 | |
Bitcoin Reverses After Failed Breakout Attempt
On July 9, the Bitcoin (BTC) price created a bearish engulfing candlestick and fell back inside the descending channel it had just broken out from. This is a sign that the breakout was not legitimate and the price is likely to head lower. дальше »
2020-7-10 12:55 | |
This Crucial Bitcoin Support Could Propel BTC as High as $11,500
Bitcoin has stabilized following yesterday’s slight volatility, which allowed it to climb as high as $9,450 before hitting some notable resistance Bitcoin has now broken out of the tight trading range that it was previously caught within Analysts do believe that it is laying the groundwork to make a notable upside movement in the days ahead According to one well-respected options trader, this movement could send it as high as $11,500 due to the strength […] дальше »
2020-7-9 21:00 | |
Stellar (XLM) Breaks One Year Downtrend As Bulls Target New Resistance Levels
Stellar (XLM) has broken past a one-year downtrend to trade slightly below 1000 Sats against Bitcoin. The 24hrs pressure from the bulls was a major driving factor to the point. In a period of 24hrs, slight gains piled up to reach 21% and the bulls strengthened pressure with strong price rejection which followed in the […] дальше »
2020-7-9 20:14 | |
The Bitcoin Dominance Rate Decline Could Be Nearing Its End
The Bitcoin dominance rate (BTCD) has broken down from a minor support area. The closest support area is found at 64. 2%, but BTCD has yet to show any signs of reversal. Ongoing Decline The Bitcoin dominance rate has been decreasing since reaching a high of 66. дальше »
2020-7-7 17:34 | |
An Accurate Bitcoin Analyst Expects a “Large” Correction in Altcoins
This may sound like a broken record but it’s been a strong year thus far for altcoins compared to Bitcoin. Just look at the chart below, which shows that since the start of the year, BTC has underperformed many altcoins. дальше »
2020-7-6 01:00 | |