These 3 Factors Show Bitcoin Is Poised to Press Higher After $1,000 Drop

Bitcoin is pressing higher after plunging as low as $11,150 on Thursday. The asset now trades at $11,500 as of this article’s writing. Analysts assert that the cryptocurrency remains in no man’s land in the near term. дальше »

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Here’s Why Bitcoin Could Dip to $9,400 Before Rocketing Higher Again

Bitcoin has flatlined in the $11,000s over the past few weeks as bulls and bears fail to establish a direction. BTC now trades at $11,400 as of this article’s writing, having dropped as low as $11,150 on Thursday. дальше »

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This On-Chain Trend Shows an “Increased Potential” For Bitcoin to Rally Higher

Bitcoin has seen a stark correction since peaking at $12,400 early last week. The asset plunged as low as $11,150 earlier this week, falling below pivotal support levels. BTC has since bounced back to $11,500 as of this article’s writing, with positive fundamentals pushing Bitcoin higher. дальше »

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Even After 350% Jump from March, Ethereum Still Faces a Key Resistance

Ethereum crashed as low as ~$85 during March’s capitulation drawdown, crushing the hopes of investors in the asset. But due to a recovery in the price of Bitcoin and in most global markets, ETH has surged higher. дальше »

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Analyst Who Predicted Bitcoin’s $3,000 2018 Low Thinks Ethereum Is Bullish

Bitcoin and Ethereum are bouncing higher after this week’s strong correction to the downside of 9% and 14%, respectively. The price of ETH, in particular, has bounced to $395 from the local $380 lows. дальше »

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Why Bitcoin Is “Most Likely” Going to Test $10,500 in the Coming Days

Bitcoin has finally bounced after plunging as low as $11,400 on Friday. The asset trades 2% higher in the past 24 hours as the BTC price is retesting $11,700. Bitcoin remains in a bearish state despite the ongoing recovery, according to some analysts. дальше »

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Bitcoin Traders Under Pressure To Capitulate At $12K As Breakdowns Persist

Earlier in the week, Bitcoin crashed to as low as $11,500 from highs of $12,200 in a couple of hours. For most, this came as a surprise as the top coin was prior to the crash moving sideways and seemingly at higher support. дальше »

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Here’s How Low Ethereum May Need to Plunge Before it Can Rally Higher

Ethereum saw a massive price spike yesterday that allowed it to shatter its previous resistance at $400 From here, the cryptocurrency rallied nearly 10% higher until it hit the $430 region, which is where it found some short-term resistance Although being incredibly strong at the present moment, analysts are noting that it may first need to see a deep pullback before its price can push any higher This may lead it as low as $360 […] дальше »

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On-Chain Data Shows Why Bitcoin’s Next Leg Higher Is Just Starting

Bitcoin plunged as low as $11,100 earlier this week. The drop led many analysts to think that the cryptocurrency was poised to lose the gains it incurred in late July and early August. One trader said that assuming Bitcoin’s weakness earlier this week, a move to the $9,000s was entirely possible. дальше »

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Data shows public interest in Bitcoin is low: Here’s what may be driving BTC higher

The crypto community has been buzzing throughout the past couple of weeks as Bitcoin and the aggregated market show signs of life. The post Data shows public interest in Bitcoin is low: Here’s what may be driving BTC higher appeared first on CryptoSlate. дальше »

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There’s a $15 Million Bitcoin Sell Wall Stopping $11,500 From Breaking

Bitcoin is pushing higher after correcting as low as $10,600 on Tuesday. As of the time of this article’s writing, the asset trades for $11,200 — a price point nearly 20% higher than that seen seven days ago and one 3% higher in the past 24 hours. дальше »

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The Last Time This Indicator Flashed, Bitcoin Surged to $14k. It Just Flashed Again

Bitcoin’s price has been steady within the lower-$11,000 region, which seems to indicate that it is coiling up to make another push higher in the near-term. Overnight, the benchmark cryptocurrency did face some turbulence when bears pushed it as low as $10,500, but the support here proved to be significant. Analysts are now claiming that […] дальше »

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Ethereum Retraces After Hitting Crucial Resistance; Here’s How Low It May Dip

Ethereum is currently retracing following its intense move higher throughout the past few days The cryptocurrency remains technically strong and is sitting well above where it was trading at just one week ago Despite this, analysts are also noting that it recently reached the top of a crucial range seen while looking at its BTC trading pair One analyst is noting that he expects the cryptocurrency’s uptrend to stall here, potentially causing ETH to see […] дальше »

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Here’s How Low Bitcoin May Drop Before It Can Rally Even Higher

To the surprise of some investors, Bitcoin has been able to find some relative stability above $9,500 The cryptocurrency has now been trading above this level for over a day, and bears have not been able to catalyze any type of sharp selloff It now appears that BTC may need to see a pullback before it can push any higher, as buyers seem to be losing their momentum One analyst is closely watching one crucial […] дальше »

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Crypto market analysis: Bitcoin, Ethereum and Bitcoin SV

Most of the top cryptocurrencies are trading with low highs and higher lows as...

The post Crypto market analysis: Bitcoin, Ethereum and Bitcoin SV appeared first on Coin Journal.

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Bloomberg: Eerily Low Bitcoin Volatility Will “Resolve Via Higher Prices”

Bitcoin’s volatility has been eerily low over recent weeks. As Bitcoinist has covered extensively, indicators tracking the metric have plunged to multi-month lows as BTC has been caught between $8,500 and $10,000. дальше »

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Bitcoin Cash Reaches Crucial Juncture: Here’s Why It Could Restart Decline

Bitcoin cash price started an upside correction from the $205 support against the US Dollar. BCH is now facing a strong resistance near the $225 and $230 levels. Bitcoin cash price is currently correcting higher from the $205 swing low against the US Dollar. дальше »

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This Confluence Of Bearish Factors Shows Ripple (XRP) Could Dive Again

Ripple started an upside correction after trading as low as $0. 1690 against the US Dollar. XRP price is currently facing a strong resistance at $0. 1800 and it could resume its decline. Ripple corrected higher above the $0. дальше »

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Bitcoin Is Recovering But $9,300 Could Trigger A Fresh Decline

Bitcoin is currently correcting higher from the $8,813 swing low against the US Dollar. BTC is trading above $9,000, but it is facing many hurdles near $9,200 and $9,300. Bitcoin started an upside correction after trading to a new monthly low at $8,813. дальше »

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This Trend Measuring Tool Says Bitcoin Drop Is Only Just Getting Started

After a series of higher lows above the current support level, Bitcoin looked primed for a move higher. However, a recent drop setting a lower low on daily timeframes has potentially started a short-term downtrend. дальше »

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Ripple (XRP) Showing Positive Signs But This Resistance Holds The Key

Ripple is currently correcting higher from the $0. 1783 low against the US Dollar. XRP price is showing positive signs, but it must surpass $0. 1850 to continue higher. Ripple slowly gaining traction and it is trading above the $0. дальше »

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Why This Analyst Sees Even More Downside For Bitcoin Price Before Any Real Recovery

We know Bitcoin is flat and trading sideways. Today, BTC had another leg down and rejection dropping to $9,200 on most exchanges, and basically giving away all the gains from June 22. The daily uptrend is still in play until the $9,170 level is lost, the last higher low. Buyers can still turn it around […] дальше »

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Bitcoin Takes a Big Hit: Main Reasons Why Recovery Could Face Sellers

Bitcoin is down more than 5% and it broke the key $9,300 support zone against the US Dollar. BTC traded as low as $9,089 and it is currently correcting higher towards hurdles. Bitcoin declined sharply after it was rejected one more time near the $10,000 level. дальше »

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Low Cap Altcoins Are Dominating Bitcoin in 2020: Here’s Why It Won’t Continue

Even though Bitcoin has seen an explosive move higher since the $3,700 March lows, altcoins are actually largely outperforming the market leader. This trend has contradicted sentiment that BTC leads the cryptocurrency market higher in bull runs. 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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Bitcoin Saw A Key Technical Breakdown: Here’s Why BTC Could Decline Further

Bitcoin started a strong decline after it broke the key $9,500 support against the US Dollar. BTC price is currently correcting higher from the $8,794 low, but upsides are likely to remain capped. Bitcoin is down more than 5% and it broke many key supports near $9,500 and $9,150. The price is now trading well... дальше »

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Bitcoin Explodes Above $9,300 After Halving: What Do Analysts Expect Next?

Bitcoin has continued to rally higher since our last market update, recently retaking $9,300 for the first time since the crash on the morning of May 10th. This strong recovery comes after Bitcoin fell as low as $8,100 due to a sell-off prior to the block reward halving, seen in the middle of the chart... дальше »

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Ripple (XRP) Signaling Bearish Continuation Until Bulls Overpower $0.20

Ripple traded to a new weekly low at $0. 1849 and currently correcting higher against the US Dollar. XRP is likely to face a major resistance near the $0. 2000 and $0. 2050 levels. Ripple is showing signs of an upside correction from the $0. дальше »

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Stocks Are Surging, So Why Are Bond Yields Careening to Zero?

The 2-year Treasury bond took a dive to a record low Friday while stock benchmarks climbed higher. Here's a closer look at the bond market. The post Stocks Are Surging, So Why Are Bond Yields Careening to Zero? appeared first on CCN.com дальше »

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On-Chain Data: Even After $5,000 Gain, Bitcoin Should Be Higher Than It Is Now

Bitcoin’s recovery over the past seven weeks has been nothing short of spectacular. From the $3,700 capitulation low, the lead crypto has gained over 100%, rallying by over $5,000 to $9,300 today. дальше »

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Last Time Bitcoin Saw This Formation Was Before a 20% Crash. It’s Back

The past few weeks have seen Bitcoin push higher and higher every few days, establishing higher low after higher high after higher low on the back of an influx of buying pressure. But, according to a number of crypto traders, BTC is preparing to see a correction as the charts signal caution. Related Reading: Crypto... дальше »

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$70 Million in BitMEX Shorts Burned as Bitcoin Erupts 10% to $7,700

In the past 20 minutes, Bitcoin has rocketed higher. After trading around $7,000 for most of Wednesday, the cryptocurrency started to rally, hitting a local high of $7,770 just minutes ago — 9% higher than the weekly open and a more impressive 14% higher than the weekly low. This was a move that surprised crypto... дальше »

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Bitcoin Poised For Short Term ‘Sell’ as Buyers Take Last Stand at $6,550

Bitcoin is currently consolidating above the $6,760 low against the US Dollar. BTC price could correct higher, but upsides are likely to face hurdles near $6,955 or $7,030. Bitcoin is showing signs of an upside correction from the $6,761 low against the US Dollar. дальше »

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Is Bitcoin Moving in an Ascending Triangle or Wedge?

On April 2, the Bitcoin price initiated a very swift upward move, rallying from a low of $6,551 to a high of $7,194. While initially, it seemed that this movement would cause a breakout above the current pattern, the higher prices could not be sustained and BTC reached a close of $6,794, slightly below the […] The post Is Bitcoin Moving in an Ascending Triangle or Wedge? appeared first on BeInCrypto. дальше »

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Bitcoin’s Pitchfork Indicator Suggests a 600% Increase Awaits

On March 13, the Bitcoin price reached a low of $3,875 and immediately bounced upwards to reach successive weekly closes above $5,000. These higher closes allow for the outline of a support line that suggests the price will gradually increase. 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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Bitcoin Jumps as US Stock Futures Rebound after Coronavirus-induced Sell-off

Bitcoin traded higher on Tuesday following a severe sell-off that saw its prices plunge by circa $900 at the start of this week. The benchmark cryptocurrency jumped to intraday high of $5,466 from its weekly low, up 23. дальше »

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Bitcoin Above 100 SMA Could Spark A Fresh Run Towards $6,000

Bitcoin is currently rising and showing positive signs from the $4,350 swing low against the US Dollar. BTC price is likely to accelerate higher towards $6,000 if it settles above the 100 hourly SMA. дальше »

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Bitcoin Trading Near Make-or-Break Levels: Can Bulls Make It?

Bitcoin is currently correcting higher from the $3,906 swing low against the US Dollar. BTC is now forming a crucial breakout pattern, which is likely to decide the next move. Bitcoin price seems to be facing a lot of hurdles on the upside near $5,500 and $5,950. дальше »

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3 Major Positives From the Crypto Market Meltdown

Yesterday’s meltdown of the crypto markets was not entirely negative, Bitcoin, although price dropped substantially, has remained resilient through its first financial crisis.   The network has stayed up, and even made a higher low than 2018, and the halving is less than 60 days away. дальше »

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Here’s Why Bitcoin Could Rip to the Upside, Moving Past $8,000

Over the past few hours, Bitcoin has mounted a comeback; after falling as low as $7,590 in step with a similar drop in the price of equities, the cryptocurrency surged towards $7,900. While some say this is just volatility, there is purportedly evidence that an uptrend is forming, one that could take BTC above $8,000, then potentially higher to recover some of the strong losses the asset incurred at the start of the week. дальше »

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This Pattern Could Send Bitcoin To $8,200 Where Bears Are Waiting

Bitcoin is currently correcting higher from the $7,638 monthly low against the US Dollar. BTC price could correct higher towards the $8,200 resistance area, where the bears are likely to appear. Bitcoin is showing a few recovery signs above the $7,800 level against the US Dollar. дальше »

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Ripple (XRP) Breaking This Single Level Will Spark a Strong Rebound

Ripple is currently correcting higher from the $0. 1981 monthly low against the US Dollar. XRP price must break $0. 2100 and $0. 2150 to start a strong recovery in the near term. Ripple price is currently consolidating above the $0. дальше »

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Ethereum Recovery Could Be Short Lived Near This Key Resistance

Ethereum is extended its decline below the $200 support area against the US Dollar. ETH price traded as low as $188 and it is currently correcting higher towards $205 and $208. Ethereum is currently recovering losses from the $188 monthly low against the US Dollar. дальше »

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Despite Dead Cat Bounce, Ripple’s XRP Price Continues To Slide

Like most cryptos, XRP has been in a heavy daily downtrend and has lost 33% of its value over the past 16 days. The digital asset has struggled to find a support level but was able to set a higher low at $0. дальше »

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Bitcoin Surges to $8,900: Does The Rally Have Room to the Upside?

After an attempt to break through the multi-week low of $8,400 this weekend, Bitcoin bounced back. Hard. Over the past 24 hours, the cryptocurrency has surged higher from $8,600 to as high as $8,970, nearing $9,000 for the first time since the brutal breakdown on February 26th. дальше »

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Can Ethereum Bulls Overcome This Hurdle To Start Fresh Rally?

Ethereum decline to a new 3-week low at $208 against the US Dollar, similar to bitcoin. ETH price could correct higher in the short term, but upsides are likely to remain capped near $242. ETH price is currently showing a few recovery signs from the $208 low against the US Dollar. The price is now... дальше »

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Bitcoin Price (BTC) Recovery Remains Capped, Sell Near $9K?

Bitcoin price is currently correcting higher from the new weekly low of $8,422. BTC to USD is likely to face a strong selling interest near the $8,975 and $9,000 levels. Key Takeaways: BTC/USD Bitcoin price is slowly correcting higher and trading above the $8,640 level against the US Dollar. BTC/USD is facing hurdles near $8,760 […] дальше »

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Where You Can Spend Your Bitcoin in 2020

Bitcoin catches a lot of flack because of its low transaction throughput and at times, higher fees and wild volatility. These can make it impractical to use for small purchases like coffee. However, let’s take a look at where you can actually use Bitcoin to buy stuff in the real world in 2020. дальше »

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Top Analyst Eyes Surge to $11,000 as Bitcoin Rapidly Jumps 3% Higher

Bitcoin has once again started to show signs of recovery. In the past hour, the price of the leading cryptocurrency has exploded higher, from the daily low around $9,650 to as high as $9,040, a jump of 3%. дальше »

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