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Here are the Levels Analysts are Watching That Will Determine Bitcoin’s Future

Bitcoin has been trading within a large  range throughout the past several weeks This has done little to offer investors with insights into the cryptocurrency’s mid-term trend That being said, bulls are now striving to break above the upper boundary of this range, with a confirmed and sustained break being an incredibly bullish sign for BTC Top traders are still expressing caution when it comes to the cryptocurrency’s short-term outlook One trader is noting that […] дальше »

2020-8-18 02:00


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Ethereum Bears Have the Upper Hand as ETH Trades Within Crucial Range

Ethereum has been forming an incredibly close correlation to Bitcoin throughout the past couple of weeks It is attempting to break this correlation now, but bulls are flashing some signs of weakness, especially while looking towards its BTC trading pair Analysts are now noting that ETH is trading within a crucial range that could determine its future The upper boundary of this range sits just a hair above where it is currently trading at, but […] дальше »

2020-7-21 23:00


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Bitcoin Remains in Firm Bull Territory as Buyers Defend Critical Support

Bitcoin has remained in firm bull territory over the past several weeks, despite it showing some signs of immense weakness Much of the benchmark cryptocurrency’s current strength comes from its ability to hold above its SMA50 One analyst believes that this is the level that will determine the crypto’s future in the days and weeks ahead He also notes that some hidden bullish divergences are working to counter the weakness stemming from BTC’s “somewhat defined” […] дальше »

2020-7-8 02:00


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Pundit Reveals Bitcoin’s Fair Price Based On High Correlation With The S&P 500 Index

Earlier today, Plan B, an investor and prominent cryptocurrency analyst with wide exposure across media channels, expressed his view on the similarity between market behavior of Bitcoin and the S&P 500 index, a benchmark index of 500 strongest players from America’s industry, which could yield positive results for BTC in the future. He expressed his […] дальше »

2020-6-18 00:55


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Bitcoin’s March to $100K: A Number of Crypto Experts Who Believe the Price per BTC Touches Six-Digits

A number of analysts believe that at some point in the future, Bitcoin prices will touch the six-digit zone or $100,000 or more per unit. This price point has been predicted by a variety of experts and analysts including the stock-to-flow (S2F) proponent Plan B, financial analyst Peter Brandt, the popular crypto trader Theta Seek, […] The post Bitcoin’s March to $100K: A Number of Crypto Experts Who Believe the Price per BTC Touches Six-Digits appeared first on Bitcoin News. дальше »

2020-6-9 19:07


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What Does XRP’s Breakdown Indicate for the Future Movement?

In the beginning of May, both the XRP/USD and XRP/BTC pairs broke down from important support levels, possibly indicating that the previous upward trend has ended. While the XRP/BTC price had been previously showing signs of weakness, the XRP/USD decrease was more unexpected, possibly occurring as a result of the decrease in the price of […] The post What Does XRP’s Breakdown Indicate for the Future Movement? appeared first on BeInCrypto. дальше »

2020-5-13 07:20


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This Is Why Ripple Co-Founder Chris Larsen Believes XRP Is A Better Bitcoin

XRP’s future, has for better or worse, almost always been defined by bitcoin’s (BTC) trajectory. However, the co-founder and executive chairman of Ripple, Chris Larsen believes the third-ranked cryptocurrency in the world is a better version of bitcoin as it has been able to resolve some of the ongoing pains of the OG cryptocurrency. The […] дальше »

2020-5-7 15:50


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Outlining a Bullish Wave Count for Bitcoin

The Bitcoin price has reached a descending resistance line that has been in place for more than two years. A breakout above this line would have major bullish implications for the future price. Well-known trader @crypto_rand outlined a BTC chart that shows a possible bullish pennant, which he believes could cause a breakout, giving a […] The post Outlining a Bullish Wave Count for Bitcoin appeared first on BeInCrypto. дальше »

2020-5-6 23:20


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Why Crypto Investors Withdrawing BTC En Masse From Exchanges is Optimistic

New data shows that crypto investors and traders are withdrawing their BTC from cryptocurrency exchanges in record numbers, following the historic Black Thursday collapse in mid-March. While this may initially sound like a bad thing for the market, it has incredibly bullish implications that provide a highly optimistic outlook on Bitcoin’s future. дальше »

2020-5-1 18:00