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Ethereum Reaches a Turning Point; Here’s What Could Reverse Its Uptrend
Ethereum has been consolidating alongside Bitcoin throughout the past several days, struggling to break above the heavy resistance that has been formed at $400 This consolidation phase has offered little insight into the cryptocurrency’s near-term outlook Analysts are now noting that ETH may be well-positioned to see significant upside in the short-term One trader is noting that there is one level that could invalidate this strength, but it remains unclear as to whether or not […] дальше »
2020-8-11 23:00 | |
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These Factors Suggest Bitcoin Could Hit $13,900 if Bulls Defend One Key Level
Bitcoin’s consolidation phase within the lower-$11,000 region has resulted in a powerful push up towards $12,000 Although the crypto has yet to re-test this level, it does seem as though a movement to this level could be imminent in the near-term Multiple analysts are now offering bullish outlooks on BTC in the near-term One such trader is noting that a move up towards $13,000 could be brewing in the days and weeks ahead There are […] дальше »
2020-8-6 02:00 | |
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Why One Trader Thinks Bitcoin Will See a $1,000+ Plunge Despite Ongoing Upswing
Bitcoin is currently showing intense signs of technical strength as it races towards $12,000 once again despite the recent rejection at this level The cryptocurrency is now well-positioned to see further upside but remains within a short-term consolidation phase until it shatters this level This uptrend may be bolstered by its break above a previously formed trading range within the lower-$11,000 region One analyst still believes that Bitcoin is at risk of seeing a large […] дальше »
2020-8-6 21:00 | |
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This Newly Formed Structure Could Cause Bitcoin to See Major Losses
Bitcoin and the aggregated cryptocurrency market are currently in a precarious position following the series of strong rejections seen yesterday evening The selling pressure incurred as a result of these rejections has not yet been enough to force BTC or other assets below their crucial support levels That being said, analysts are growing increasingly cautious on BTC’s near-term outlook One trader explained that a recently emerged technical pattern seems to indicate downside is imminent It […] дальше »
2020-8-5 02:00 | |
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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 »
2020-8-3 02:59 | |
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Trader: Bitcoin Could Be Forming a Massive “Bull Trap” as Bearish Signs Emerge
Bitcoin is currently flashing overt signs of strength as it consolidates above $11,000 Bears attempted to catalyze a selloff yesterday, but the previous resistance at $10,500 now has flipped into a strong support level Analysts are widely noting that the cryptocurrency is positioned to see further upside However, one trader is cautioning against premature euphoria He notes that there are a few signals that indicate this movement could be a massive “bull trap” that ends […] дальше »
2020-7-30 02:00 | |
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Analyst Who Forecasted Latest Bitcoin Rally Now Predicts Move to $18,000
Bitcoin’s price has found some notable stability in the time following its intense rally past $11,000 seen yesterday Although the cryptocurrency has not yet retraced following this incredible movement, it does appear to be facing some resistance above its current price levels BTC is now establishing the $11,000 level as support, which is a highly bullish sign – according to analysts One prominent trader who forecasted this latest movement is now noting that the crypto […] дальше »
2020-7-29 21:00 | |
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Bitcoin Shows Signs of Life as it Rallies Past $9,400; What Analysts Expect Next
After consolidating between $9,100 and $9,300, Bitcoin is starting to show some signs of life as its price rallies past $9,400 The ongoing uptrend comes after an extended bout of the cryptocurrency losing its trading volume and momentum due to the uptrends seen amongst many altcoins This latest surge may temporarily change the crypto’s trend, but one top trader is noting that he is planning to short BTC’s high time frame resistance at $9,500 Bitcoin’s […] дальше »
2020-7-22 21:00 | |
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This Technical Formation Could Put an End to Chainlink’s Multi-Year Uptrend
It’s no secret that Chainlink has been one of the most bullish digital assets throughout 2019 and 2020 The cryptocurrency recently extended its parabolic momentum when it rallied up to highs of $8.80 Although it is possible that a combination of hype and investor “FOMO” could help drive LINK higher, there are some reasons why analysts are growing cautious One trader pointed to the emergence of a large rising wedge pattern as one factor that […] дальше »
2020-7-18 23:00 | |
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Here’s Why Ethereum Breaking Below $225 Could End “Altseason”
Ethereum has seen some notable losses that have sent it down to the lower boundary of its trading range The crypto is now flashing some overt signs of weakness This is rooted in the lack of strength seen by both Bitcoin and most other major digital assets Analysts are now noting that $225 is a crucial level for ETH One trader is even noting that it is arguably the “biggest level” in the crypto’s history […] дальше »
2020-7-17 23:00 | |
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Here’s Why One Analyst Thinks Cardano (ADA) Could Soon “Nuke” Lower
Cardano saw a massive upswing yesterday that allowed it to erase virtually all of its recent losses For a brief period, the crypto even tapped its previously established yearly highs, although the selling pressure here proved to be quite significant As for where the cryptocurrency could trend next, analysts are growing increasingly cautious about its outlook Despite there being a few technical signs that suggest it may continue pushing higher, one trader is noting that […] дальше »
2020-7-16 23:00 | |
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Here’s the Crucial Level Ethereum Needs to Break to Avoid Cratering Lower
Ethereum has been moving in close tandem with Bitcoin over the past couple of days This has made it exposed to seeing intense downside, and it is now stuck beneath the $240 region ETH is now at risk of setting lower lows according to one analyst, but there is a way bulls can stop this from happening The trader noted that $242 is a key high time frame level that bulls must flip before tomorrow’s weekly […] дальше »
2020-7-12 22:00 | |
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84% of Crypto Twitter Is Buying or Holding Bitcoin, Boosting Bull Case
There have been many analysts over recent weeks arguing that Bitcoin is clearly at a market top. As NewsBTC covered two weeks ago, one trader commented that the cryptocurrency is trading in line with a textbook “distribution” pattern. дальше »
2020-7-11 06:00 | |
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Bityard Exchange Review 2020 – Is This a Legit Crypto Contracts Trading Platform?
One of the major complaints newcomers into the crypto space have is the complexity of the whole bitcoin world. From unintuitive and user-unfriendly trading platforms and wallets, to completely new terminology and philosophy, bitcoin is a lot to digest for a newbie trader and investor. дальше »
2020-7-11 17:49 | |
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This Crucial Bitcoin Support Could Propel BTC as High as $11,500
Bitcoin has stabilized following yesterday’s slight volatility, which allowed it to climb as high as $9,450 before hitting some notable resistance Bitcoin has now broken out of the tight trading range that it was previously caught within Analysts do believe that it is laying the groundwork to make a notable upside movement in the days ahead According to one well-respected options trader, this movement could send it as high as $11,500 due to the strength […] дальше »
2020-7-9 21:00 | |
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Why One Top Bitcoin Trader Believes Now is the “Calm Before the Storm”
Bitcoin has seen some of the most boring price action it has witnessed in over a year. After ranging between $9,000 and $10,000 for over two months, the cryptocurrency has now narrowed its trading range to between $9,000 and $9,300, with BTC primarily just hovering around $9,100. дальше »
2020-7-5 01:00 | |
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A Signal Last Seen Before Bitcoin Plunged to $3,700 Is About to Return
To many, determining which direction Bitcoin trends from here is a coin toss. One trader shared the image below with the caption: “You guys still trading this garbage? I’m not doing anything until one of these lines gets hit. дальше »
2020-7-4 02:00 | |
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As ETH Fees Remain High, Trader Reminds Community “Ethereum Hasn’t Won Yet”
If you’re one to focus on transaction fees, it’s been a tough past few weeks for Ethereum. The network has been subject to an influx of adoption over recent weeks. Santiment, for instance, has reported the highest daily active address count in over two years. дальше »
2020-7-1 13:00 | |
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The Simple Reasons Why This Trader is Cautious of Ethereum
Ethereum, like Bitcoin, is currently trading at the lower boundary of its long-established trading range The cryptocurrency does appear to be positioned to see a breakdown below this range, but whether or not this takes place will likely depend on Bitcoin One analyst is now growing increasingly cautious on ETH, explaining that massive spikes in miner outflows for the cryptocurrency signal that a large drop could be imminent This also comes as the China-based PlusToken […] дальше »
2020-6-27 23:00 | |
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Ethereum Just Shattered a Crucial Resistance; Is the Bull Run Beginning?
Ethereum’s price has been teetering just above its crucial support that exists at the lower boundary of its long-established trading range. This does appear to be an overt sign of technical weakness, although there are several reasons why some analysts still remain bullish on the cryptocurrency. дальше »
2020-6-26 19:03 | |
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Barstool’s Dave Portnoy Doesn’t Understand Bitcoin, It’s ‘Mario Brothers’ But I ‘Can’t Get Enough’ of it Either
Barstool Sports’ Dave Portnoy, who has recently become a day trader, then bought one stock before the coronavirus lockdown shared his views about Bitcoin. After the lockdown shut down sports and closed local casinos, the value of Penn’s stock tanked that Portnoy owns “a ton of” — Penn National Gaming bought a considerable stake in […] дальше »
2020-6-20 19:09 | |
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Bitcoin Reclaiming This Level Could Lead to a 15% Surge: Here’s Why
With Bitcoin in no man’s land, investors have begun to identify clear levels for the cryptocurrency to hold for bulls to remain in control. One trader argued that if the cryptocurrency reclaims $10,000 on a longer time frame basis, a strong surge will follow. дальше »
2020-6-20 15:00 | |
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Why It’s “Increasingly Unlikely” Bitcoin Crashes Under $7,000: Analyst Explains
As Bitcoin has stalled in the $8,000s and $9,000s over recent weeks, certain analysts have begun to expect a strong move lower. One top trader went as far as to say that BTC could see a 40% drop in the coming months. дальше »
2020-6-17 04:00 | |
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XRP Has Been Setting Lower Highs for 886 Days; Why Analysts Expect More Weakness
XRP has been severely underperforming the aggregated crypto market throughout 2020 The crypto is now on its 886th day of selling lower lows Analysts do not believe that this trend is going to alleviate anytime soon, as there are other signs of weakness that it has been flashing in recent times One veteran trader even noted that it could soon plummet another 30% against its BTC trading pair XRP has been struggling to garner any […] дальше »
2020-6-13 23:00 | |
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Top Cryptocurrency Wallets of 2020
One of the major points of contention when entering the cryptocurrency industry either as a trader or a HODLer is the security of digital assets. Many investors are on the fence when it comes to participating in this budding industry just because of the infamous incidents of hacks and cyber-attacks on crypto exchange platforms thatRead MoreRead More. дальше »
2020-6-10 17:14 | |
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Ethereum Forms “Compelling” Bearish Reversal Pattern; Here’s What Could Invalidate It
An overnight decline seen by the aggregated crypto market appears to have bolstered the possibility that Ethereum is forming a potent head and shoulders (H&S) pattern This comes as analysts note that they foresee its recent highs to mark a local top It is important to note that there is one upcoming event that could be a catalyst for further bullishness One trader believes this event will help ETH establish a mid-term uptrend in the […] дальше »
2020-6-6 23:00 | |
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Ripple’s XRP Collapse Is Imminent, Warns Renowned Trader Peter Brandt
The XRP community has been lamenting about the crypto’s price for some time now and the recent development where Tether outdid XRP in market valuation doesn’t seem to help. In fact, some big shots in the crypto space have been opposed to the currently 4th largest coin in the market. One of these people is […] дальше »
2020-6-6 13:30 | |
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Macro Trader Cites Three Reasons Why Bitcoin Is Unlikely To Hit $1M In The Next Decade
Many in the crypto community have over the years made $1 million Bitcoin price predictions. A majority believe this will happen within the next decade. The prediction has been preposterous, but one only needs to look at the past decade to see its feasibility. дальше »
2020-5-28 10:48 | |
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This Crypto Could Soon Invalidate its Multi-Year Bullish Market Structure
Chainlink has seen some immense bullishness throughout the past two years, but its strong market structure dates back even further In spite of the crypto’s ongoing upswing that has led it past $4.00, analysts are still cautious about where it may go next One trader is even noting that he believes it will soon invalidate a key growth curve that has been pivotal to its multi-year uptrend Chainlink’s immense bullishness seen throughout 2019 and 2020 […] дальше »
2020-5-21 23:00 | |
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When Will Bitcoin Reach a New All-Time High Price?
After the 2013 high which at the time was the all-time high (ATH), it took Bitcoin 1,134 days to reach a new one. If the same happens this time around, BTC will reach a new ATH in January 2021. Cryptocurrency trader @Inmortalcrypto posted a Bitcoin chart in which he compares the previous correction to the […] The post When Will Bitcoin Reach a New All-Time High Price? appeared first on BeInCrypto. дальше »
2020-5-19 20:20 | |
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Analyst Who Recommended Bitcoin at $5: Bottom Is in After March’s 50% Crash
While Bitcoin has crossed above resistance after resistance over the past few weeks, some analysts are skeptical that the bottom is decisively in. One prominent trader — someone who called that Bitcoin would fall to the $3,000 range months before it did this year — has shared a number of charts indicating that the asset is poised to fall under $3,000s. дальше »
2020-5-19 04:00 | |
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It’s “Showtime” for Bitcoin Once it Breaks Above $10,500
Bitcoin incurred some explosive overnight momentum that allowed it to reach to highs of $10,000 before facing a slight rejection The cryptocurrency now appears to be well positioned to see further upside as its market structure begins growing incredibly bullish Analysts are now widely noting that all the signs seem to point towards Bitcoin making a visit to $10,500 If the crypto is able to firmly surmount this level, one trader believes it will be […] дальше »
2020-5-15 02:00 | |
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Bitcoin Is in “No Man’s Land” After the Halving: Here Are Key Levels to Watch
Since the block reward halving on Monday, the Bitcoin market has entered somewhat of a lull, with the asset trading in the high-$8,000s with little volatility ever since the event. This price action — or lack thereof — has brought the cryptocurrency into “no man’s land,” according to one popular crypto trader pointing to the chart below. дальше »
2020-5-13 04:00 | |
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Cointracker Review 2020 – Pros & Cons Uncovered
For every trader, a cryptocurrency tracker is one of the essential apps that is very useful because they pull information from all your exchanges and wallets, which allows you to quickly see how your entire portfolio is performing at a glance. дальше »
2020-5-4 00:56 | |
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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 »
2020-5-1 21:00 | |
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Bitcoin Market “Fireworks” Are Dependent on This Critical Level Above $10k
The past few days have undoubtedly been bullish for Bitcoin, with the cryptocurrency ripping over 20% higher from the mid-$7,000s to a price as high as $9,500 over the course of 48 hours. This stunning rally has brought the cryptocurrency above some key resistance levels pointed out by traders. One trader noted that during the... дальше »
2020-5-1 14:00 | |
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How Bitcoin’s Current Upward Move Compares to Previous Bull Traps
The Bitcoin price has been increasing rapidly since reaching a low on March 13. At the time of writing, BTC is trading a full 94% above the aforementioned low of $3,760. Despite the massive increase, not everyone is convinced that BTC has already reached a bottom, One such individual is cryptocurrency trader @CryptoCapo_, who outlined […] The post How Bitcoin’s Current Upward Move Compares to Previous Bull Traps appeared first on BeInCrypto. дальше »
2020-4-10 18:11 | |
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Options see 5% chance Bitcoin will hit $20,000 in 2020: Will it happen?
In February, when Bitcoin had retaken $10,000, traders were convinced that the cryptocurrency was well on its way to revisit and surmount the $20,000 all-time high established in Dec. 2017. In fact, one prominent crypto trader suggested BTC would do so before July, citing a confluence of technical and fundamental factors. дальше »
2020-4-8 11:00 | |
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