3 reasons why the CFTC action against BitMEX will not crash Bitcoin price

Bitcoin price declined by 4% after the CFTC revealed charges against BitMEX but BTC remains bullish in the long term.

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How long before Bitcoin is truly uncorrelated with stocks?

Time and again, the digital assets industry has witnessed a domino effect. In case you missed it, on 21st September, Bitcoin's price declined by 6.46%, falling from $10996 to $10286. A little recoveryThe post How long before Bitcoin is truly uncorrelated with stocks? appeared first on AMBCrypto. дальше »

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Ripple (XRP) Near Crucial Juncture: Here’s Why It Could Decline Sharply

Ripple failed to extend gains above $0. 2580 and declined sharply against the US Dollar. XRP price is likely to decline heavily if it breaks the key $0. 2300 support zone. Ripple is now trading well below the $0. дальше »

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Bitcoin Below $10,000 Could Start A Medium-Term Downtrend: Here’s Why

Bitcoin price declined over 15% in the past few days and it tested $10,000 against the US Dollar. BTC must stay above $10,000 to avoid more losses and a medium-term downtrend. Bitcoin is trading well below the main $10,800 and $10,500 support levels. 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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$0.22: Ripple (XRP) Bears Aim Big After Recent Slide Below $0.25

Ripple declined heavily along with bitcoin and ethereum against the US Dollar. XRP price even broke the $0. 2500 support zone and it is currently correcting losses. Ripple is down over 10%, and it broke the $0. дальше »

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Bitcoin Nosedives To $10,000: Here Is Why It Could Correct In Short-Term

Bitcoin price declined over 10% and it traded close to the $10,000 support against the US Dollar. BTC might correct higher, but upsides are likely to remain capped near $10,800. Bitcoin started a strong decline and it weakened over $1,000 in the past three sessions. дальше »

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Ripple (XRP) Price Nosedives, Here’s Why It Could Fuel Decline In Altcoins

Ripple declined sharply after it broke the $0. 2700 support against the US Dollar, while bitcoin and ETH remained above weekly lows. XRP price is currently recovering, but it could fail near $0. 2700. дальше »

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Bears eyeing Bitcoin at $10,900 after testing $11,079

Bitcoin price has declined by about 4% in the past 48 hours, dropping from...

The post Bears eyeing Bitcoin at $10,900 after testing $11,079 appeared first on Coin Journal.

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Ethereum Nosedives 5%, But Here’s Why $400 Could Save The Day

Ethereum failed to clear the $445 resistance and declined below $420 against the US Dollar. ETH price is now approaching a major support zone near the $400 handle. Ethereum is down over 5% and it broke the $425 and $420 support levels. дальше »

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Nearly 93% of the Bitcoin Supply is Profitable; Why This Could be Bad for BTC

Bitcoin’s intense uptrend throughout the past week led its price to highs of $11,400 before it lost some momentum and declined slightly. This latest uptrend has made it so that BTC is less than 45% below its all-time highs. дальше »

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Ethereum Could Set a “Lower Low” if It Breaks Beneath This Crucial Level

Ethereum is now showing some signs of underlying weakness despite seeing some strong price action over the past few days After hovering within the upper region of its long-established trading range, the slight downwards movement seen by Bitcoin and the aggregated market has forced it lower It hasn’t declined beneath any crucial support levels yet, but several sit just below where it is currently trading at One analyst is noting that its closest support is […] дальше »

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U.S. to Postpone Re-Opening May Take Bitcoin Lower

Bitcoin failed to protect the $9,200 zone on Wednesday and plummeted all the way from $9,600 to $8,900, recording a 12. 7% fall since the month’s peak. The sudden drop in price could be attributed to the bearish performance of the S&P 500, which declined by 9. дальше »

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The Last Time Volatility Was This Low Bitcoin Went On to Rally by $2K

Bitcoin's price volatility has declined to levels last seen ahead of a major rally witnessed in October 2019. But will the pattern repeat this time? дальше »

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DeFi token Compound dips 13% after a 300% spike in just three days

Compound has declined over 13% in the past 24 hours after a remarkable price... The post DeFi token Compound dips 13% after a 300% spike in just three days appeared first on Coin Journal. дальше »

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Bitcoin Cash Price Recovery Could Face Huge Barrier Near $250

Bitcoin cash price declined heavily and tested the $225 support zone. BCH is currently recovering, but it is likely to face a strong barrier near the $248 and $250 resistance levels. Bitcoin cash price declined to a new monthly low at $225 against the US Dollar. дальше »

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Was Bitcoin’s Decline Caused By The Stock Market Dump?

On June 11, the S&P 500 price declined by 5. 8%. This was the largest percentage decline since March 16 and could have been the beginning of a longer-term downward trend. S&P 500 Tumbles On June 11, the price of the S&P 500 index fell considerably from a high of 3190 to a low of 2998. дальше »

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Ethereum Could Narrowly Avoid a Major Downtrend if it Regains $240

Ethereum failed to surpass the $250 resistance and declined sharply against the US Dollar. ETH price could continue to move down as long as it is below $240 and the 100 hourly simple moving average. дальше »

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Ripple (XRP) Nosedives Below Key Support: Here Are Key Turning Points

Ripple declined sharply below the $0. 2000 support zone against the US Dollar. XRP price is currently correcting higher, but upsides are likely to remain capped near $0. 1950 or the 100 SMA (H4). Ripple price is down more than 5% and it broke a crucial support zone near $0. дальше »

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Dogecoin, Ethereum, Monero Price Analysis; 10 June

The collective market cap of the coins has been consolidating below $280 billion as Bitcoin's dominance declined to 64.7%. After a minor surge of 0.77% over the last 24 hours, Bitcoin's value was $9,7The post Dogecoin, Ethereum, Monero Price Analysis; 10 June appeared first on AMBCrypto. дальше »

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Here’s Why Bitcoin’s Outlook Remains Bleak as Long as It Trades Below $10,500

Bitcoin saw a sharp and unexpected rally past $10,000 yesterday that caught sellers off guard This movement allowed the benchmark crypto to rally to highs of $10,400 before it lost its momentum and declined back to the lower five-figure price region The cryptocurrency now appears to be trading at a pivotal point, and analysts are noting that it could still see further downside in the days and weeks ahead There is one level that, if […] дальше »

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BTC Failed to Break $10,000 – How to Hedge Loss in Spot Trade?

Bitcoin’s 3rd halving was expected to be a bullish event for BTC investors. However, Bitcoin tried 4 times to break above the strong resistance of $10,000, but it failed. Since May 20, the price of BTC has declined nearly 10%, and reached the lowest of $8,800 on May 21, shifting traders’ focus from breaking theRead MoreRead More. дальше »

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Ethereum’s Price Action Could Resemble a “Car Crash” if it Breaks Below $190

Ethereum has once again declined back down to its long-held consolidation channel around $200 The cryptocurrency is now showing some signs of weakness as it continues performing poorly alongside Bitcoin and most other major altcoins This weakness could soon lead it down to a key support level that must be maintained by buyers A failure for ETH to hold above this level could mean a “car crash” style decline is imminent, according to one analyst […] дальше »

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Ethereum Could Stage Strong Rally As Double Bottom Pattern Emerges

Ethereum nosedived below the $202 support zone against the US Dollar. ETH price revisited the $192 support and it seems like there is a key double bottom pattern forming near $192. Ethereum declined more than 5% and it tested the main $192 support zone. дальше »

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Canadian Firm Hut 8 Reports Bitcoin Mined in Q1 Declined 54% Due to Price Volatility

On Monday, Hut 8 Mining reported that first-quarter revenue rose 5% to $9 million from $8. 59 million a year ago after the amount of bitcoin (BTC) extracted plunged sharply. Quarter-on-quarter, revenue fell 14%. дальше »

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Ripple (XRP) Plunge To $0.20 On The Horizon As Bulls Show Weak Hands

Ripple failed to stay above the $0. 2200 support and declined recently against the US Dollar. XRP price is showing bearish signs and it could continue to dive towards $0. 2000. Ripple price topped near the $0. дальше »

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Ripple (XRP) Takes a Bit Hit, But This Variable Can Trigger A New Rally

Ripple rallied to a new monthly high at $0. 2358 before correcting gains against the US Dollar. XRP price is now trading above the $0. 2100 support and likely to start a fresh increase. Ripple price declined sharply after it failed to surpass the $0. дальше »

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Institutional Traders Highly Active as Importance of Bitcoin’s Rally Grows Clear

Bitcoin’s recent rally has sparked a massive influx of activity from large retail and institutional futures traders This heightened trading activity comes as the crypto reaches a “make or break” price level that could determine how it trends in the weeks and months ahead Bitcoin incurred a notable uptrend yesterday morning that allowed it to climb from lows of $7,100 to highs of $7,800 before it met some resistance and declined back down to its […] дальше »

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Here’s Why Ethereum Must Break 100 SMA For A Fresh Rally

Ethereum is down more than 10% from the $190 swing high against the US Dollar. ETH price is currently consolidating above $165 and facing key hurdles near the 100 hourly SMA. Ethereum declined sharply below the $175 support and tested the $165 zone. дальше »

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Bitcoin Shows Signs of Reversal; But $6,550 Shows Bullish Case Remains Intact

Bitcoin failed to surpass the $7,200 resistance and declined below $7,000 against the US Dollar. BTC price is showing a few bearish signs, but the bulls are likely to protect $6,555. Bitcoin is declining and trading below the $7,000 support zone against the US Dollar. дальше »

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Market Wrap: Bitcoin Price Volatility Declines in Contrast to S&P 500

As coronavirus upends economic patterns, the S&P 500 continues a rocky run while bitcoin’s volatility has declined. дальше »

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Bitcoin Recovering After a Sharp Decline: Here’s Why Bulls Could Fail

Bitcoin declined sharply below the $6,200 support against the US Dollar. BTC price found support near $5,850 and it is currently recovering towards a couple of key hurdles. Bitcoin is correcting higher from the $5,846 swing low against the US Dollar. дальше »

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Ripple (XRP) Turned ‘Sell’ On Rallies: Key Resistance Levels To Watch

Ripple is down close to 5% and it broke the key $0. 1680 support zone against the US Dollar. XRP price is currently correcting higher, but it is likely to face hurdles near $0. 1700. Ripple price declined below the $0. дальше »

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Here’s Why 100 SMA Could Spark Fresh Bitcoin Rally In Near Term

Bitcoin failed to surpass the $7,000 resistance and declined below $6,500 against the US Dollar. BTC is likely to bounce back as long as it is above $6,000 and the 100 SMA (H4). Bitcoin price is currently correcting gains from the $7,000 resistance area. дальше »

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Ethereum Turns ‘Sell’ After This Key Technical Breakdown

Ethereum failed to continue above the $138 and $140 resistance levels against the US Dollar. As a result, ETH price declined below $130 and it is now trading in a bearish zone. Ethereum is down more than 8% and it broke the $128 support against the US Dollar. There was a key breakdown noted after... дальше »

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Ethereum Price Analysis: ETH Remains At Risk of More Losses

Ethereum price failed to correct above the $134. 00 resistance area and declined vs the US Dollar. ETH to USD is showing a few bearish signs and it could continue to move down below $108. 00. Key Takeaways: ETH/USD Ethereum price is trading below the key $120. дальше »

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Yes, Bitcoin Is still A Safe Haven Asset Despite Mammoth Price Drop

Bitcoin (BTC) is still a safe haven asset despite its massive price drop over the past week. At least, according to the digital assets research firm, Bloqport. Bitcoin’s inability to retain value as other assets declined has raised questions about claims that it is a safe haven asset. дальше »

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XRP Price Expected to Drop Below $0.10 after Massive Dump

Since XRP has declined to $0.13, traders have turned bearish for the time being, predicting that another price drop is possible дальше »

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Bitcoin Crash Doesn’t Affect Stock-to-Flow Model Prediction

Even though Bitcoin has declined in price almost 26% since February 13th, this pullback does not signal the end of the Stock to Flow (S2F) price model.   The sky is falling, should we be worried? Bitcoin’s S2F model is a long-term prediction which takes data from the previous Bitcoin halving events and calculates a range where prices are likely to follow in the future. дальше »

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An abrupt 7% Bitcoin price drop to $8,100s liquidated $185 million of longs on BitMEX

The Bitcoin price declined by seven percent in the last 24 hours, liquidating more than $185 million worth of longs. The drop comes hours before the highly anticipated weekly close of BTC. $91 million worth of longs liquidated in a single hour With many hours left on the day towards the weekly close, Datamish. дальше »

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Bitcoin Just Reversed and $8,400 Is Imminent, Here’s Why

Bitcoin failed to continue above the $9,200 resistance and it is down more than 4% against the US Dollar. BTC is now trading in a bearish zone and it could slide further below $8,700. After forming a short term top near $9,211, bitcoin price declined sharply below $8,880. The price is now trading well below... дальше »

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Ethereum Trading Near Crucial Juncture, Can Bulls Save The Day?

Ethereum failed to continue higher above the $252 resistance and declined against the US Dollar, similar to bitcoin. However, ETH price is now trading near a key uptrend support. ETH price is down 5% and it is now trading below the $235 level against the US Dollar. дальше »

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Bitcoin Faces Drop To $8K Following Bearish Reversal Signal

Bitcoin declined more than $1,500 in the past few days against the US Dollar. BTC is now facing a drop to $8,200 or $8,000 before a strong upward move in the coming days. After forming a short term top, bitcoin price dived below $9,000 and $8,800. дальше »

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Cardano (ADA) Price Analysis (February 29)

• Cardano price remains in a bearish zone and declined below the $0. 04 support area. • Buyers in hibernation as the fall continues. ADA/USD Medium-term Trend: Bullish • Resistance levels : $0. 07, $0. дальше »

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Sorry Bears, Bitcoin Daily Chart Suggests a Strong Bounce Is More Likely

Bitcoin started a major downside correction from the $10,521 yearly high against the US Dollar. BTC price declined below $9,000, but it is still in a larger uptrend above $8,000. Bitcoin started a major correction from well above the $10,000 level against the US Dollar. дальше »

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Litecoin (LTC) Price Analysis (February 27)

• LTCUSD price remains in a bearish zone and declined below the $65.91 support area. • Overall, the bears seem to be in control below $67.91 and LTCUSD might slide further below $57. LTC/USD Medium-term Trend: Bearish • Resistance Levels : $70, $80, $90 • Support Levels: $50, $40, $30 The cryptocurrency is facing an […] дальше »

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Why the Bitcoin price just dropped below $9k in steep reversal, liquidating $83 million in longs

The Bitcoin price just dropped below the $9,000 level, hitting $8,964 on BitMEX. The sentiment around the cryptocurrency market noticeably declined after BTC rejected the $10,000 resistance level three times in a span of 15 days. дальше »

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Bitcoin Just Signaled “Sell” And It’s Vulnerable to a Massive Correction

Bitcoin failed to climb convincingly above $10,200 against the US Dollar. As a result, BTC declined heavily below $9,800 and it is now vulnerable for a bigger a correction. Bitcoin price failed to clear the $10,200 and $10,300 resistance levels against the US Dollar. дальше »

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Ripple (XRP) Showing Signs of Weakness But $0.25 Holds The Key

Ripple failed to clear the key $0. 3080 resistance and declined sharply against the US Dollar. XRP price is down 5%, but there are many key supports on the downside. Ripple price started a strong decline after it was rejected near the $0. дальше »

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Ethereum Just Reversed and $240 Is Imminent, Here’s Why

Ethereum failed again to surpass the $288 resistance area against the US Dollar. As a result, ETH price declined sharply below $270 and it might soon revisit the $240 support. Ethereum failed on a couple of occasions to surpass $286 and $288 against the US Dollar. The price is down more than 5% and it... дальше »

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