Bitcoin can drop below 40000$, Let me explain why?

Bitcoin has broken down from the $50,000 psychological support level making new low in 48 days. At around 17:00 UTC on Thursday, bitcoin’s (BTC, -7. 3%)‘s price fell from around $54,900 to $51,500 before the markets initiated another sell-off to $48,300, according to Bitstamp exchange data. дальше »

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XRP Enthusiast Starts Petition Asking Incoming SEC Chairman Gary Gensler To Withdraw Ripple Lawsuit

As Ripple prepares for court, XRP enthusiasts are rallying around a petition that is asking the SEC chair nominee Gary Gensler to drop the lawsuit alleging that the blockchain payments firm conducted a $1. дальше »

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What Bitcoin's price recovery means for its future

Bitcoin is currently trading at around $59k, up from $48494 a week ago. The price is up more than 17.42% in the past week. There was a drop in price from Feb 22, a drop of over 20% based on price dataThe post What Bitcoin's price recovery means for its future appeared first on AMBCrypto. дальше »

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Is this the right time for institutions to accumulate more Bitcoin?

Bitcoin is trading at around $49k at the time of writing and with a nearly 2% drop in its price in the past 24 hours, the asset continues to remain rangebound. Given the increased inflow of Bitcoin anThe post Is this the right time for institutions to accumulate more Bitcoin? appeared first on AMBCrypto. дальше »

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Coinbase Pro Sees 13K Bitcoin (BTC) Outflow as Institutions Remain Bullish

Significant outflows from Coinbase came despite the BTC price hovering at around $49,000. It suggests the U. S. institutional investors expect BTC to make a new high after a considerable drop to a low of $47,400 on Feb. дальше »

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Bitcoin's comeback to $55,000: When and how?

At the time of writing, Bitcoin was trading around the $50,000-level, with the crypto-asset on the road to recovery following the market-wide depreciation on the 23rd of February. Now, the price drop The post Bitcoin's comeback to $55,000: When and how? appeared first on AMBCrypto. дальше »

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Cardano Price Analysis: 22 February

The past few hours saw the entire market bleed as Bitcoin fell from $58,250 around 20 hours ago to $53,500- an 8% drop. Many altcoins posted losses in the same span of time as well. Cardano was one suThe post Cardano Price Analysis: 22 February appeared first on AMBCrypto. дальше »

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Institutions Are Sucking Bitcoin’s Supply; Adding Fuel to the Fire for the 2021 Bull Run

Bitcoin price is having a bit of a moment as it continues to hit $50,000 only to drop back under $48,000. Currently, BTC/USD is trading around $49k with $10.32 billion in ‘real’ volume. The latest uptick in price is the result of the continuous buying from Coinbase whales as Charles Edwards of Capriole Investments noted, […] The post Institutions Are Sucking Bitcoin’s Supply; Adding Fuel to the Fire for the 2021 Bull Run first appeared on BitcoinExchangeGuide. дальше »

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Doge Does a GameStop, Redditors Pump Meme Coin Into the Top 10

Coordinated buying pumped doge to a new all-time high around $0. 07 before profit-taking saw it briefly drop by 50% at one point. The doge price rally followed the recent Wall Street versus Main Street battle over GameStop (GME) stock. дальше »

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Bitcoin Dominance Plummets while Altcoins Outperform

At the time of press, Bitcoin was down about 12% against the USD since its weekly open. This also marks a 25% drop from its all-time high of $42,000 on Jan. 8, 2021. Bitcoin’s market cap is now around $592 billion — nearly $200 billion below those highs. дальше »

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Bitcoin Flickers Near $35,000 as Bond Yields Drop; A Detailed Outlook

Bitcoin wobbled between gains and losses on Wednesday as traders measured on-chain sell-off signals against the drop in the benchmark bond yields. The flagship cryptocurrency surged around 0. 5 percent to $34,335 ahead of the New York opening bell. дальше »

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All Eyes on the U.S. Dollar as Bitcoin Attempts to Recover

Bitcoin fell extremely hard over the weekend and into Monday after reaching $42,000 last week. The cryptocurrency’s drop came as the U. S. dollar index bounced around 0. 7%. The recovery taking place now also coincided with a drop in the U. дальше »

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Everything you need to know about Bitcoin's price discovery

Bitcoin investors, those who were around for the 2017 bull run, the price drop that followed in 2018, and who later survived the Black Thursday crash of March 2o20, understand how Bitcoin's market cycThe post Everything you need to know about Bitcoin's price discovery appeared first on AMBCrypto. дальше »

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Bitcoin Price Shoots to $34,000 Despite Saturday’s Drop to $30,000

Bitcoin trades at $33,950 as of this article’s writing. The cryptocurrency traded above $34,000 just minutes ago and is attempting to consolidate around the current price points. This rally comes despite a strong drop earlier on Saturday that took the BTC price as low as $30,000 on top exchanges. дальше »

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XRP Headed For A Catastrophic Price Drop As Whales Capitulate

XRP has lost around 8% in value over the last 24 hours.  XRP hit the headlines after reports emerged that XRP holders were due for a nice airdrop from the Flare Network. The network is a startup supported by Ripple and launched a campaign to airdrop its native crypto tokens, SPARK, to all eligible XRP […] дальше »

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Bitcoin Uptrending on the Weekend But Not Everyone Wants to Bet Against the Brute Force of Billionaires

After yesterday’s drop to $17,600, today Bitcoin is back around $18,500. Given it’s the weekend and the Bitcoin market is being led by US investors, with only $2. 44 billion in ‘real’ volume, BTC is keeping around $18,450. дальше »

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Ethereum Defends Pivotal Technical Level Despite Yesterday’s Drop

Ethereum and Bitcoin underwent a strong drop the other day after days of consolidation. Ethereum slipped from the $590 region to lows around $550, marking a strong decline for the cryptocurrency that had benefited so much from the ETH2 launch. дальше »

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Binance Coin, Monero, Dogecoin Price Analysis: 09 December

After a week of choppiness around $19,000, Bitcoin dropped beneath $18,600 and was trading at $18,135 at press time. Binance Coin looked set to drop to support at $26.7. Monero, one of the strong perfThe post Binance Coin, Monero, Dogecoin Price Analysis: 09 December appeared first on AMBCrypto. дальше »

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Bitcoin price short-term pullback is very possible for 4 key reasons

Bitcoin price is hovering around $19,000 again after a sharp intraday drop. There are four reasons BTC is primed for a further pullback. дальше »

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This Altcoin is Beating Bitcoin With its 2020 Gains & Development Activity

It was mid-August that LINK set its all-time high at about $20. After over a 62% drop in the subsequent month's price, the digital asset started pacing up a bit. Just a couple of weeks back, we were around $15. дальше »

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Why This Trader Will Be Bullish as Long as Bitcoin Holds $17,800

Bitcoin has begun to show signs of weakness after a strong drop last week The coin currently trades for $19,000, below the $19,900 year-to-date highs but above the $18,200 local lows Some think Bitcoin remains in a bull trend as long as it holds the $17,800 region One analyst pointed to this region as a level of key technical importance due to the confluence around that region Bitcoin Must Hold the $17,800 Region Bitcoin has […] дальше »

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Bitcoin Volatility Kicks Into Overdrive After ATH Set, 7% One Hour Drop Follows

Bitcoin price yesterday shocked the finance world by setting a new all-time high. With resistance around this area still strong, and with so many cryptocurrency investors in profit for 2020, extreme FOMO and profit-taking is causing wild volatility resulting in more than $1,000 intraday moves. дальше »

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New Bitcoin Institutional Rally? Why BTC Just Blasted Past $18k Again

The price of Bitcoin surged past $18,000 once again, marking a sharp recovery from its earlier intraday drop to around $17,355. Behind the ongoing rally is a noticeable spike in the open interest of CME and other major futures exchanges. дальше »

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Bitcoin SV, Ontology, Maker Price Analysis: 14 November

Bitcoin's dominance was noted to be around 65.27% at press time, after a drop from 65.99%. A rise in the said metric, alongside an appreciating Bitcoin, is generally an indication of losses in the altThe post Bitcoin SV, Ontology, Maker Price Analysis: 14 November appeared first on AMBCrypto. дальше »

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Binance’s DeFi index crashes 60% as Bitcoin overshadows altcoins

Binance’s DeFi Composite Index has been hit hard by the abrupt drop of the DeFi sector, down around 60% since early September.

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3 Trends Show Ethereum Is On Track For Strong Growth in 2021

Ethereum has undergone a strong drop from its year-to-date highs at $490. The coin currently trades for $375, around 25% below those highs. At the worst of the correction last month, the coin was down even further. дальше »

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Eerie Chainlink (LINK) Fractal Predicts a Drop Towards $6

Chainlink (LINK) has undergone a strong bounce since the lows under $8 it set in September. The leading cryptocurrency currently trades for a price around $11, almost 50% above those lows. Despite this recovery, not everyone thinks it will last. дальше »

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Google searches for Bitcoin and DeFi drop

The buzz around DeFi seems to be slowly fading after Google Trends showed that...

The post Google searches for Bitcoin and DeFi drop appeared first on Coin Journal.

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Leading Binance Trader Expects Ethereum to Rocket Higher After 30% Drop

Ethereum has dropped around 30% from its recent year-to-date highs after the U. S. dollar underwent a bounce. The leading cryptocurrency currently trades for $370, $120 shy of the $490 highs, but fell as low as $315. дальше »

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Bitcoin Forms Series of 5 Worrying Signals Despite Reclamation of $10,700

Bitcoin underwent a strong drop last week on news of BitMEX getting charged by the U. S. CFTC. The cryptocurrency fell from its $10,900 highs to a local low around $10,400. This marked a drop of around 5%. дальше »

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A Drop Under $300 Is the Path of “Least Resistance” for Ethereum

Ethereum could drop even lower than it has over the past few weeks as it faces strong resistance. Analysts say that the crypto asset is vulnerable to a drop under $300 in the coming weeks. The asset is running up against critical resistances around $360-375. дальше »

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After 50% Drop, Chainlink (LINK) Is Reaching a Do or Die Technical Level

Chainlink has plunged since setting highers in August. The coin now trades at around $8. 50 as of this article’s writing, far below the all-time highs set at $20. The cryptocurrency’s correction comes after leading altcoins underwent a strong plunge after Ethereum fell through key supports. дальше »

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Top DeFi Coins Drop Despite Ethereum Rally: Here’s Why

Ethereum pressed higher on Thursday after Uniswap released the UNI token to the world. ETH surged around 10% from the time of Uniswap’s announcement to the daily highs. This rally came in spite of Bitcoin topping just over $11,000, responding to weakness in legacy markets like the S&P 500. дальше »

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Despite Altcoin Drop, This Analyst Thinks Bitcoin Is On Track for $11k

Bitcoin has dropped around $200 from the daily highs as sellers have stepped back in. The drop comes in spite of news that MicroStrategy, a Nasdaq-listed company, bought over $100m worth of Bitcoin yet again. дальше »

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Top DeFi Coins Drop 3-10% Despite Ongoing Bitcoin and Ethereum Surge

Both Ethereum and Bitcoin have pressed higher over the past 24 hours. The two cryptocurrencies have both gained around 5% in the past day. This comes as legacy markets like the S&P 500 have pressed higher. дальше »

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Bitcoin Surges Towards $10,800 as Recovery Continues: Here’s What Comes Next

Bitcoin is surging higher as legacy markets rally. The leading cryptocurrency is up around 5% in the past 24 hours, outpacing many altcoins, with focus re-centering on BTC. The cryptocurrency seems to be benefiting from a drop in the value of the U. дальше »

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Cardano, STEEM, Maker Price Analysis: 14 September

Bitcoin was trading around the $10,400-level, at the time of writing, a level that has proved crucial for it in the past. On the other hand, Cardano showed some bullish signs after a minor drop on theThe post Cardano, STEEM, Maker Price Analysis: 14 September appeared first on AMBCrypto. дальше »

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Bitcoin Cash long-term Price Analysis: 05 September

Earlier in the week, Bitcoin ended up losing over 5 percent of its trading value in around an hour's time. In line with the crypto-market's long-standing tradition, this price drop went on to affect tThe post Bitcoin Cash long-term Price Analysis: 05 September appeared first on AMBCrypto. дальше »

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This Simple Chart Shows Why Bitcoin Remains Bullish on a Macro Scale

Bitcoin has sustained a strong drop over the past few days as legacy markets have undergone a strong correction after a record rally. The leading cryptocurrency traded around $9,800 on Friday morning as bears sent the cryptocurrency lower. дальше »

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Here’s Why An Analyst Is Eyeing a Bitcoin Drop Toward $9,750

Bitcoin sustained a strong drop on Thursday after peaking at $12,000 earlier this week. The leading cryptocurrency now trades for $10,300, having collapsed around 15% from the local highs. BTC closed its daily candle below pivotal support levels, a technical signal that does not bode well for bulls. дальше »

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As Warren Buffett Ditches The Dollar, Max Keiser Believes Bitcoin Could Crack New Record High Soon

The bitcoin price has started the new week trading higher and is presently hovering at around $1.9k, up 0.48%. After the recent drop below $11,400 and subsequent quick recovery following news of FED’s new plan to increase inflation, it is clear that the bulls are determined to push the prices higher. Just ask the host […] дальше »

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This Indicator Is Still Adamant Chainlink (LINK) Is Poised to Drop Further

Chainlink surged on Saturday after plunging around 25% from its local highs near $20. The asset reached approximately $16, bouncing from the $14 lows. LINK is down on Sunday, trading 5. 5% lower in the past 24 hours. дальше »

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These 3 Trends Suggest Bitcoin Is Poised to Bounce After $1,000 Drop

Bitcoin has seen a slight recovery since the Friday lows of $11,400. The asset now trades for $11,600 as of this article’s writing, but BTC is still around $900 below last week’s $12,500 highs. дальше »

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What Analysts Think Comes Next After Chainlink’s (LINK) 20% Drop

Prior to today, Chainlink (LINK) was seemingly on an unstoppable uptrend. The asset recently hit a new all-time high price of $20, around 1,000% higher than the lows of the March capitulation crash. дальше »

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Why Bitcoin Price Could Be On The Verge Of Another Catastrophic Drop

While many analysts are still pointing to more upside for Bitcoin’s price in the coming months, a popular indicator suggests that the current top is already in. The analyst who goes by the moniker of ‘CryptoWhale’ alerted his followers on Twitter of transactions by big market players involving 400,000 BTC being moved around in the […] дальше »

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Amazon Stock Up 0.80%, AMZN Is on Verge of Breaking Out From Its Month Long Consolidation

Coinspeaker Amazon Stock Up 0. 80%, AMZN Is on Verge of Breaking Out From Its Month Long ConsolidationAmazon stock is likely to see a new ATH or drop, after consolidating around $3176 for the past month. дальше »

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Here’s Why Analysts Are Expecting For Ethereum To Drop Back Towards $370

Ethereum, following Bitcoin’s lead, is effectively flatlining into the week’s close around $390. This is above critical support levels, though bulls are not yet convinced that ETH is primed to move higher. дальше »

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Tencent Shares Drop 5% as Trump Bans U.S. Transactions with WeChat and TikTok

Coinspeaker Tencent Shares Drop 5% as Trump Bans U. S. Transactions with WeChat and TikTokTencent Holdings Ltd. shares dropped around 5% during the London trading session, following an executive order issued by President Trump banning US transactions with WeChat and TikTok in the next 45 days. дальше »

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Analyst Who Predicted Drop to $10,500: Bitcoin Could Plunge Another $1,500

On July 31st, the day Bitcoin pressed past $11,500 for the first time in a year, one cryptocurrency trader predicted a steep retracement. The trader commented in a tweet that while he wasn’t in a trade at the time, he would not mind “getting in a long position from around $10,300 to $10,500.” Few expected […] дальше »

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If Bitcoin Consolidates Around $12,000, Expect a “Much Bigger” Rally: CEO

It hasn’t been the best past few hours for Bitcoin bulls. The leading cryptocurrency took a $1,500 price drop in the span of about five minutes, liquidating hundreds of millions worth of long positions as buyers were overextended. дальше »

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