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Analyst: Bitcoin Likely to Tap $10,000 Unless Bulls Spark Strong Movement

Bitcoin has been oscillating between the lower and mid-$11,000 region throughout the past few days This rocky price action comes close on the heels of the harsh rejection at $12,000 that it posted this past weekend The cryptocurrency will likely continue struggling to garner any momentum as long as hovers below the upper-$11,000 region, which is where it faces some resistance Analysts do believe that some near-term downside could be imminent in the days and […] дальше »

2020-8-13 21:00


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XRP Could Soon Trap Bulls; Here’s How Low Traders Think It Could Decline

XRP, like most other altcoins, has been caught within a bout of sideways trading throughout the past several days and weeks The cryptocurrency’s rangebound trading may not last long, however, as analysts are now noting that it could be poised to see some major downside in the days and weeks ahead Its next notable decline could be sparked by a bull trapping movement higher Some analysts are even pointing to a fractal that suggests new […] дальше »

2020-5-24 22:00


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Ethereum Forms Grim “Triple Top” Formation as 92% of Traders Go Long

Ethereum has pushed higher despite Bitcoin’s stability, leading bulls to retest its key near-term resistance The cryptocurrency is on the cusp of forming a highly bearish technical formation that could be confirmed if it posts another harsh rejection at its current price level This comes as 92% of traders on Bitfinex go long on ETH, signaling that a long squeeze may be imminent Although Bitcoin has continued extending its bout of rangebound trading within the […] дальше »

2020-4-29 23:00


Crypto Bulls Definitely on Parade, Bitcoin Is Attracting ‘Very Substantial Buying Power’

In 2018, the crypto market went through a long brutal bear winter. Last year, we managed to recover from some of those losses by seeing the gains of about 85%. After the choppy recovery of Bitcoin in 2019, the crypto market is now according to Weiss Crypto Ratings, an independent crypto ratings provider “launching what […] дальше »

2020-1-21 16:58


Bitcoin bulls defend against massive selling pressure; how long will they sustain?

Bitcoin’s recent sell-off was further perpetuated by bears last night when they garnered enough strength to push BTC back down to its key short-term support level that currently exists at $8,500. The cryptocurrency’s bulls have been able to defend this level over the past 24-hours and have begun to gain some upwards momentum as they […] The post Bitcoin bulls defend against massive selling pressure; how long will they sustain? appeared first on CryptoSlate. дальше »

2020-1-21 14:10


Bitcoin Bulls May Long BTC, But the Cost Is Going Higher as BTC/USD Drops Below $7,500

Bitcoin has remained relatively stubborn in its price lately, following the downward movement towards $8,000, considering the lack of momentum. The bullish Bitcoin supporters have remained faithful throughout the bearish times of cryptocurrency, and margin traders have accepted the current price while continuing to stack long positions. If history repeats itself, this decision may result […] дальше »

2019-11-21 20:41


Analyst Claims $8,700 Marks Good Long Opportunity for Bitcoin Despite Overnight Plunge

After surging towards $9,300 yesterday, Bitcoin’s bulls have once again surrendered to bears, leading BTC to plummet back below its key support level at $9,000. This overnight movement has once again led the cryptocurrency back down to its previous support level at $8,700, and it is showing few signs of having any strength at the. дальше »

2019-11-12 00:00


Bitcoin Bulls Constantly Exhaust Kraken’s Liquidity Pool: CEO

Bitcoin bulls are constantly exhausting the US dollar reserve pool for opening leveraged Long positions, revealed Jesse Powell of Kraken – a US-based cryptocurrency exchange. The chief executive officer told Youtuber Ivan on Tech in an interview that the number of traders who believe that the bitcoin price would go higher is more than those. дальше »

2019-11-11 16:17