Bitcoin Bulls Defend Critical Support; Here’s Where it May Go Next

Bitcoin saw a notable drawdown yesterday that came about after bulls once again failed to break the $12,000 resistance level This led BTC to lows of $11,200 that were ardently guarded by its buyers, and it has since bounced slightly The ongoing bounce likely marks bulls attempt to regain control over the digital asset Analysts are noting that it may be well-positioned to see further upside now that it has confirmed the lower-$11,000 region as […] дальше »

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Bitcoin is Facing “Serious” Bearish Divergences as Analysts Eye Downside

The strong momentum Bitcoin has incurred in recent weeks is now showing some signs of stalling as it struggles to break above $12,000 This signals that the resistance at this level may be insurmountable, and may also be a sign of weakness amongst bulls Analysts are now noting that it has led to a surge in bearish divergences that seem to suggest a retrace is imminent BTC now has multiple key support levels throughout the […] дальше »

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Here’s Why One Analyst Expects Ethereum to Tap $275 Before Pushing Any Higher

Ethereum has been struggling to break above $400 for the past several days The selling pressure here is quite significant, and a sustained break above this level would be a highly bullish technical development Because ETH has been consolidating just below it throughout the past few days, bulls may be gearing up for a major push higher Despite being technically strong, one analyst is still expecting the cryptocurrency to see another “scam wick” that leads […] дальше »

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Investor Greed Signals Bitcoin May Be Topping Despite Strong Monthly Close

Bitcoin was able to post an incredibly strong monthly candle close yesterday This marked the first time that the crypto had closed its monthly candle above $10,700 since mid-December of 2017 Shortly after the close took place, bulls stepped up and allowed BTC to set fresh 2020 highs of $11,800 It did face some heavy selling pressure at these highs that caused its price to see a sharp decline, but it has since stabilized Analysts […] дальше »

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This Technical Pattern Suggests Bitcoin is Ready to Push Towards $14,000

Bitcoin has now entered a clear consolidation phase as its price hovers above $11,000 Bulls were able to maintain their strength overnight, pushing BTC towards $11,200 as bears lose their support BTC’s overt strength at the present moment suggests that it is well-positioned to see further near-term upside One analyst is also pointing to the emergence of a technical pattern as another reason why it may push higher He notes that this pattern could send […] дальше »

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Two Bearish Signals, One Indicator: Bulls Beware of Bitcoin Push Beyond $10,000

After trading sideways for several months, Bitcoin may be ready to not only break out of the trading range but also break out from its multi-year triangle pattern. However, bulls must beware of the latest push beyond $10,000 triggering not one, but two sell setups on the same indicator on BTCUSD daily price charts. Bitcoin […] дальше »

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Ethereum Fails to Surmount Crucial Resistance as Traders Eye a Pullback

Ethereum has incurred immense momentum throughout the past few days This notable upswing seen as of late has allowed it to outperform Bitcoin and many other major altcoins Some analysts have even observed that ETH’s price action is starting to influence that of Bitcoin Analysts are now noting that it could see a notable pullback in the near-term, which may be necessary if bulls want to extend their momentum further This possibility will be invalidated if […] дальше »

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This Unexpected Signal Indicates Bitcoin Is About to See a Bull Trend

Bitcoin’s price action has been extremely boring over the past two months, with the leading cryptocurrency trading in a historically small range. Bulls, however, may soon get a boost as the premium between the Bitcoin spot market and the implied price of BTC determined by Grayscale investors has shrunk. дальше »

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Researcher Says Ethereum 2.0 May Be Delayed — Increasing Risk to ETH Bulls

One of the biggest Ethereum narratives over the past few months is ETH 2. 0. For those that are unaware, Ethereum 2. 0 is a new version of the network that will dramatically improve usability, bandwidth, and speed. дальше »

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Bitcoin (BTC) Price May Enter Ultra-Bearish Season Soon, Multi-Year Analysis Shows

Corporate lawyer and cryptocrrencies trader Levi Ackerman unveiled a grim Bitcoin (BTC) price analysis for the bulls. This pattern played out for nine years in a row! дальше »

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Bitcoin Aims High, Is DeFi a Bubble? ICX & DUSK Technicals (and More): Crypto News Roundup

Despite some volatility, the Bitcoin price remained, by and large, stable last week as it hovered in a range between $9,250 and $9,500. The bulls may have a slight upper hand at this juncture. The alpha-crypto broke out from a descending resistance line yesterday and now appears to be aiming for an upward move towards […] The post Bitcoin Aims High, Is DeFi a Bubble? ICX & DUSK Technicals (and More): Crypto News Roundup appeared first on BeInCrypto. дальше »

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Bitcoin retests $9,200 low: bulls are hoping to take charge over weekend

BTC/USD may have failed to rally so far, but with only 19% of supply...

The post Bitcoin retests $9,200 low: bulls are hoping to take charge over weekend appeared first on Coin Journal.

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Here are the Simple Reasons Why Bitcoin May Soon Explode Past $10,500

After a brief break below $9,000 earlier this week, Bitcoin has been able to post a strong rebound from these lows, now navigating back up towards $9,600 This climb seen throughout yesterday is certainly positive for bulls, as it points to underlying strength amongst BTC’s buyers Analysts are now laying out a few simple reasons for why this recent price action could mark an accumulation pattern If this pattern plays out, then BTC is bound […] дальше »

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First Mover: Bitcoin Bulls Might Get Negative Rates From Central Banks, Just Not the Fed

The Fed may remain intransigent about negative rates, but bitcoin may benefit from other central bankers who are keeping the option firmly on the table. дальше »

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These Simple Factors Suggest Bitcoin May Soon See a Massive Plunge

Bitcoin has once again extended its long-held bout of sideways trading, as it has now been hovering around $9,700 for the past few days The crypto did decline to lows of $9,400 this weekend, but buyers quickly absorbed the selling pressure that was driving this movement It now appears that there are some factors that suggest a downside movement could be imminent If these factors are enough to shatter a key trendline Bitcoin bulls have […] дальше »

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Ethereum Options Volume hits new ATH

The cryptocurrency market noted a rather flat month in May. While the general consensus in the community was that Bitcoin's third halving will rally the bull market, the bulls did not materialize. дальше »

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Bitcoin Closes May Candle Above Crucial Resistance, and That’s Big for the Bull Case

Just over an hour ago as of this article’s writing, Bitcoin closed the price candle for the month of May. This was a very important technical event for the cryptocurrency, analysts have said. дальше »

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Bitcoin Closing the May Candle Above $9,360 is Crucial For Bulls: Here’s Why

Update (3 hours after the close): Bitcoin has closed the May candle above the crucial $9,360 level, managing to take $9,450. Analysts say this is “incredibly significant for bulls” and may show that there is more upside in the works. дальше »

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Bitcoin Monthly Close is 1 Day Away: Here’s the Level That May Trigger a Big Rally

In just a day, Bitcoin will close the May’s price candle. Analysts say that this close will be crucial for indicating in which direction the cryptocurrency market heads next. Analyst Eric “Parabolic” Thies, for instance, recently identified a level that bulls should close above to confirm that more upside is in the works. дальше »

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Cryptocurrency News Roundup for May 25, 2020

Following a slightly disappointing start to the week, the BTC-USD pair bounced back from the $8,600s and is now gradually approaching $9,000 yet again. Whether or not the bulls manage to build on this momentum to push the price beyond the resistance around $9,100 remains to be seen. дальше »

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Cryptocurrency News Roundup for May 24, 2020

Bitcoin started the week on a much weaker note after the bulls failed to keep the BTC-USD pair afloat over the key support line at $9,100. As of writing, the benchmark cryptocurrency is down more than 5% since the intraday high of $9,300+ on Saturday and is trading at just over $8,850. дальше »

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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 »

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Here’s Why Traders Think Bitcoin is on the Cusp of Printing a $1,000 Candle

Bitcoin has continued ranging sideways within the upper-$9,000 region following a series of rejections at $10,000 The ongoing bout of sideways trading may mark buyers’ attempt to generate increased trading activity from bulls Analysts are noting that Bitcoin is nearing the apex of a large ascending triangle The resolution of this pattern could be the impetus for BTC to print a $1,000 candle Bitcoin has struggled to garner much momentum in recent times, with its […] дальше »

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MONERO (XMR) Price Analysis (May 16)

Key Highlights • XMR/USD market operations yet feature around $70 and $60 range zones.• Bulls have moved the crypto-trade in a rallying mote above a March 12 main price decline-level. • The bulls pushing with a low-weight currently may end trading in an upper range zone not far from a $70 mark afterward. Monero (XMR) […] дальше »

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Ripple (XRP) Price Analysis (May 13)

Key Highlights • XRP/USD market operations trade in a tight range zone below $0. 20 mark. • Bears tend to be gaining grand around the $0. 20 range trading line at the expense of bulls’relaxation. • It is most likely that the current range price moves will linger on for a while. дальше »

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Bitcoin (BTC) Price Analysis (May 13)

Key Highlights • BCT/USD market still swings in ranges of $9,000 and $8,500 values.• A violent breakout of the $9,000 line will lead to having a good entry for long positions.• Sellers may as well be taking the market advantage from that point if bulls persistently have to encounter tough-areas around the same line earlier […] дальше »

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Litecoin (LTC) Price Analysis (May 13)

• Litecoin makes a comeback but faces rejection at $47 resistance.• The crypto slips beneath 50-EMA as bears took to gain market momentum within the range. LTC/USD Medium-term Trend: Ranging Key levels• Resistance levels : $70, $80, $90• Support levels: $20, $10, $9Litecoin remains in a range-bound market in its medium-term outlook. The bulls manage […] дальше »

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Ethereum (ETH) Price Analysis (May 12)

• Ethereum price stays above the EMA-50 as bulls took to gain market momentum in the medium-term. • The market is going in favor of the bulls at the present in the short-term. ETH/USD Medium-term Trend: Bullish Key levels• Resistance levels : $260, $270, $280• Support levels: $85, $75, $65 ETHUSD is in an uptrend […] дальше »

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Cryptocurrency News Roundup for May 11, 2020

The widely-anticipated third Bitcoin halving finally took place Monday at 19:23 UTC. Unlike what over-optimistic bulls were perhaps hoping for, the BTC-USD pair remained relatively low-key going into the milestone event (even though some wild price fluctuations went on through the last 3-4 hours leading to block #630,000). дальше »

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Bitcoin (BTC) Price Analysis (May 12)

Key Highlights • BTC/USD market still trades in a rallying moving mode from a significant fall.• The bulls appear not recovering quickly from the last drop.• An $8,000 mark will serve as a tough area that the bears may not easily break down in the present trading situation of the crypto-economy. Bitcoin (BTC) Price Analysis […] дальше »

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Litecoin (LTC) Price Analysis (May 12)

• LTCUSD- a break-up or break-down is imminent. • Bulls are showing up again in a grand style in the short-term. LTC/USD Medium-term Trend: Ranging • Resistance Levels : $70, $80, $90• Support Levels: $20, $15, $5 Litecoin is ranging in its medium-term outlook. дальше »

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Bitcoin Cash (BCH) Price Analysis (May 10)

Key Highlights • BCH/USD market has seen a decline below its lower range trading territory at $240 mark today. • BCH/USD bulls tend to succumb to the bears’ pressure since they have kept losing out momentum at a higher point of $280 mark. дальше »

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Binance Coin (BNB) Price Analysis (May 9)

Key Highlights • BNB/USD market operations still witness the dominance of range price moves. • There may still no sign of making a further upswing in the market in the near time. • All in all, bulls still somewhat in control of the range market moves. дальше »

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Cardano (ADA) Price Analysis (May 9)

• Cardano is going in favor of the bulls now, prices are trading above EMA-50• Staying above EMA-50 can lead to strong growth for ADAUSD. ADA/USD Medium-term Trend: Bullish Key levels • Resistance levels : $0. дальше »

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Ethereum (ETH) Price Analysis (May 8)

• The Medium-term and the short-term are both in upward momentum, price now trades above the EMAs. • Overall the bull seems to be in control above $215. ETH/USD Medium-term Trend: Bullish Key levels• Resistance levels : $220, $240, $260• Support levels: $145, $135, $125 The cryptocurrency looks tasty for the bulls as it is […] дальше »

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Litecoin (LTC) Price Analysis (May 8)

• LTCUSD remains in a range-bound market in the medium-term outlook and looks bullish in its short-term outlook.• The bulls are dominant in the market at the present. LTC/USD Medium-term Trend: Ranging • Resistance Levels : $70, $80, $90• Support Levels: $20, $10, $5 LTCUSD on the daily chart remains in a range-bound market undeniably. […] дальше »

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Cryptocurrency News Roundup for May 6, 2020

After the bulls managed to break above the key resistance around $8,800 earlier this week, the BTC price has been consistently moving upward. The price is now hovering at $9,300 as bulls aim for the $9,400 resistance. дальше »

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Bitcoin (BTC) Price Analysis (May 7)

Key Highlights • BTC/USD trade has entered another close upper range trading level of $9,500 and $9,000. • BTC/USD bulls may relatively keep pushing against bears in the next trading sessions. • An occurrence of a bearish engulfing candlestick against the past lower highs formed will signal a return of bears in the market. Bitcoin […] дальше »

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Is This Bitcoin Wave Fractal Following Oil’s Path to Negative Pricing?

Bitcoin’s halving is only a mere seven days away, and the bulls are already out in full force. However, according to an eerily similar price fractal that preceded oil’s recent, record-breaking fall into negative territory playing out on Bitcoin price charts, the halving may have the opposite effect than people are expecting. V-Shaped Bitcoin Recovery... дальше »

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Bitcoin May Be Poised to Push to $11,000 as Bullish Confluence Grows

Bitcoin has entered what appears to be a consolidation phase as its bulls and bears reach an impasse This has led the benchmark crypto to trade sideways within the upper-$8,000 region for an extended period of time Analysts are noting that there are some bullish factors that seem to suggest the recent rally is far from over, and that BTC could soon make a bid at $11,000 Bitcoin has seen some highly bullish price action […] дальше »

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Bitcoin Price Outlook in May 2020: Time for More Bulls or Bears?

In the month of April, bitcoin price printed a strong and bullish monthly candle. Now that the price is above the level seen before the market crashed in March, bulls are given hope of a bullish trend reversal. дальше »

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Bitcoin‘s Fate May be Determined By How it Responds to this Single Level

Bitcoin pushed higher overnight as bulls attempted to firmly surmount the $9,000 region, although the crypto faced yet another rejection at these price levels One fund manager is now noting that BTC’s current price region seems like a logical place for its uptrend to stall This comes as a respected trader notes that the crypto has reached a pivotal price level that could determine its fate in the weeks and even months to come Bitcoin […] дальше »

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Ethereum (ETH) Price Analysis (May 1)

• ETHUSD still trades in an uptrend. • Bulls are losing momentum gradually, might be time to buy LTCUSD short-term soon. ETH/USD Medium-term Trend: Bullish Key levels • Resistance levels : $260, $270, $280 • Support levels: $85, $75, $65 Ethereum looks bullish in its medium-term outlook. дальше »

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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 »

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TRON (TRX) Price Analysis (April 25)

• The medium-term outlook remains in consolidation while the short-term outlook is in a bullish trend market. • The bulls may continue the journey to the upper resistance area. TRX/USD Medium-term Trend: Ranging Key levels • Resistance levels : $0. дальше »

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Ripple (XRP) Price Analysis (April 24)

Key Highlights XRP’s market value made a notable spike towards averaging the $0. 21 distribution territory. XRP/USD bulls may not easily break through a price point at $0. 21 in the near time. Traders need to exercise some degree of precautionary measures when placing an order. дальше »

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Bitcoin may be poised for bullish divergence as DAA flips positive

Bitcoin bulls had catapulted the king coin's price to $7,143, at the time of writing, with the cryptocurrency breaching a major resistance level along the way. This price action could, in fact, make wThe post Bitcoin may be poised for bullish divergence as DAA flips positive appeared first on AMBCrypto. дальше »

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This Indicator Shows Bitcoin May Soon See a Massive Influx of Buy Orders

After a period of facing some downwards pressure, Bitcoin bulls have been able to step up and lead the crypto higher, pushing it back into the mid-$6,000 region. This recent price action seems to indicate that both bulls and bears have reached an impasse, as neither have been able to garner any decisive momentum in... дальше »

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Bitcoin Price Pumps $600 to CME Gap, but $6.6K May Be End for Bulls

BTC price dead cat bounce or more evidence that the bottom is in?

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Several key metrics suggest that Bitcoin could be preparing for a power move

Key metrics show that bulls may be betting heavily on Bitcoin as the coin reclaims ground from its late-February tumble in tandem with the global economy. Investors seem to be accumulating with real conviction. дальше »

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