Strong Technical Indicators Help Bitcoin Shoot Through $12,000, What Lies Ahead?

The bitcoin price, on Aug 17, soared above $12,000 to new 2020 highs coinciding with similar gains posted by the US equities following a depressing Q2 pinned to the slowing effects of COVID-19. Bitcoin Prices Rally at The Back of Supportive Technical Indicators A Bloomberg report shows that at yesterday’s peak, the Bitcoin price rose to $12,473Read MoreRead More. дальше »

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Analyst: This Massive Bull Flag Could Send XRP Flying Towards $1.00

XRP has been hovering around the $0. 30 region for the past couple of days, with its price breaking back above this level after an extended bout of trading beneath it. The cryptocurrency’s price action in recent weeks has been somewhat mixed, with its rally from the lower-$0. дальше »

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Analysts Are Expecting Chainlink (LINK) to Pull Back After Parabolic Advance

Chainlink (LINK) has been embroiled in a parabolic rally in recent weeks. The asset has gained hundreds of percent since the March capitulation lows. Chainlink could undergo a correction as technical signals suggest that the asset is overbought. дальше »

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Bitcoin Price Breaks 100 SMA: Here’s Why It Could Rally 5%-10%

Bitcoin price remained well bid above $11,400 and it broke the key $11,600 barrier against the US Dollar. BTC is now trading above the 100 hourly SMA and it could continue to grind higher. Bitcoin is back in a positive zone above the $11,500 and $11,600 resistance levels. дальше »

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Market Sentiment Turns Extreme Greed; Last Time It Reached This Level Bitcoin Price Pumped 50%

Bitcoin is not far from $12,000. After hitting this level the past weekend only to crash soon after, the digital asset is back to flirting with the level that was last seen in August 2019. However, despite the upward momentum, $12k might not come yet. дальше »

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Why XRP’s Waning Momentum May Be The Calm Before The Storm Surge

XRP investors are eager to see their altcoin of choice get back a lot closer to all-time high valuations. The crypto market underperformer recently regained its number three rank thanks to an over 45% one-week rally. дальше »

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Stratis Falls Inside Previous Range After Failed Breakout

At the beginning of July, the Stratis (STRAT) price broke out from an almost yearlong resistance area. However, it could not sustain the rally and has fallen back into the previous range. Until the price reclaims the breakout level, the price movement cannot be considered bullish. дальше »

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Bitcoin Looks Structurally Similar to Start of Rally to $20,000: Analyst

Despite the surge over the past few weeks, not all analysts are convinced Bitcoin is in a full-blown bull market. There remain commentators who argue that this move may just be a range deviation before a move back to the $9,000s, then lower. дальше »

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After Breaking Out, Stellar (XLM) Fails to Sustain Higher Prices

At the beginning of July, the Stellar (XLM) price broke out from a long-term resistance area. However, the price could not sustain the rally and has since fallen back below the breakout level. Unless XLM can successfully reclaim this level, it’s outlook remains bearish. дальше »

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These Top Coins Including XRP Have Finally Started Moving

Bitcoin is enjoying a ride with the price now above $11,000. For the first time, the largest digital asset has broken its long-standing trendline resistance that dates back to mid-December 2017. Even Bitcoin dominance has started to recover, which isn’t good for altcoins that have been enjoying a rally for the past few weeks, although […] дальше »

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XRP needs to rally over 1,500% to reach its all-time high of $3.50

After months of stagnation, crypto bulls are back.

The post XRP needs to rally over 1,500% to reach its all-time high of $3.50 appeared first on CryptoSlate.

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Wall Street Giants Expect Gold to Rally Further: How Bitcoin May React

Bitcoin’s price action over recent days has been impressive, but even more so is that of gold. The price of the precious metal has cracked nine-year highs on the back of a confluence of macro trends. дальше »

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Galaxy Digital’s Mike Novogratz Urges Investors To Buy More Gold Than Bitcoin — Here’s Why

Gold is aiming for a new all-time high after zooming past $1,800. The last time the precious alloy breached this level was back in September 2011. Following this impressive rally, gold is now approximately 6% shy of its lifetime high. дальше »

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China’s Margin Loan Bubble Puts Bitcoin Price Rally At Risk

Bitcoin’s gains this week came on the back of a substantial equity rally led by the Chinese market. But the latest reports indicate that the CSI 300 index, a standard of country’s most significant stocks, climbed because of an increase in margin loans. дальше »

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Last Time This Technical Sign Flashed, Bitcoin Dumped 60%. It’s Nearly Back

After a more than 150% rally from March’s lows, Bitcoin’s upward momentum has petered out over recent weeks. For nearly two months, the cryptocurrency has been caught in a tight range between $8,500-10,000. дальше »

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Bitcoin Remains Poised to See Explosive Rally to $11,000 Despite Recent Plunge

After facing an intense influx of selling pressure yesterday, Bitcoin has been able to recover some of its recent losses as it navigates back into the mid-$9,000 region The cryptocurrency is showing some signs of strength due to the rebound seen from its overnight lows Analysts do not believe that this recent movement was enough to invalidate its macro strength, and some are still offering near-term targets as high as $11,000 In order for this […] дальше »

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Last 2 Times This On-Chain Signal Appeared, Ethereum Crashed. It’s Back Again

Ethereum has been on an extremely strong rally since the March lows, recovering to a local high of $250 from $88. This nearly 200% performance has allowed the cryptocurrency to strongly outperform any other established and investable asset. дальше »

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Bitcoin Flat Ahead of FOMC Update But A Rally to $10K is Likely; Here’s Why

Bitcoin is trading cluelessly ahead of the Federal Open Market Committee’s two-day meeting starting Tuesday. The cryptocurrency attempted a price rally towards $10,000 during the overnight session Monday but fell back due to profit-taking sentiment. дальше »

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Why Blockstream’s Adam Back Is Convinced Bitcoin Will Shatter $300,000 Even Without Institutional Investors

Blockstream CEO Adam Back is of the opinion that bitcoin will eventually cross the $300k mark even without the participation of institutional investors. Per Back, retail investors -who have been backing BTC even since its debut 11 years ago- will be enough to spark a rally that takes bitcoin to these heights as institutional investors […] 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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Cardano (ADA) Back in Top-10 of Shelley Progress Announcements

In three days, Cardano (ADA) has surged almost 50% and continues to rise. Analysts are sure that the rally is nowhere near its end, which doesn?t involve speculation. дальше »

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Ethereum Could Rally Significantly And Only 1 Thing is Holding it Back

Ethereum is showing positive signs and it broke the $205 resistance against the US Dollar. ETH price could rally significantly if there is a clear break above the $210 resistance. Ethereum gained traction and managed to climb above the $205 level and the 100 hourly SMA. дальше »

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Bitcoin Rallied 6,400% Last Time It Made This Formation, and It’s Back Again

Bitcoin isn’t even past $10,000 — let alone the latest all-time high of $20,000 — but analysts are already craving the crypto market’s next parabolic bull rally. While this rally has yet to arrive, a prominent cryptocurrency chartist has indicated that it’s close. дальше »

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Cryptocurrency News Roundup for May 18, 2020

Bitcoin failed to make it back into five-figures on Monday despite a promising start and has since retreated to the mid-$9,000s. However, odds are reasonably high that it will once again kick start a new rally to reclaim the lost ground above $10k. дальше »

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Bitcoin might benefit from United States' rate cuts, but all is not certain

Bitcoin's market has seen various factors affecting its rally over the last few years. Back in 2017, the ICO craze pushed Bitcoin into a rally, one unseen in the financial industry across all asset clThe post Bitcoin might benefit from United States' rate cuts, but all is not certain appeared first on AMBCrypto. дальше »

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Bitcoin Just Broke Its Short-Term Downtrend; Here’s How High It Could Rally

Bitcoin was finally able to recapture its position above $9,000 after an extended period of trading beneath this level The cryptocurrency now appears to be gearing up for a big push higher as it maintains a firmly bullish market structure This bullishness could be further bolstered by its recent ability to break above a descending trendline that had previously been guiding it lower After making multiple attempts to break back above $9,000, Bitcoin buyers were […] дальше »

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This Crucial Volume Analysis Hints At Extended Bitcoin Bear Market

With Bitcoin’s halving now behind us, the bull market is supposed to be ready to start. But the volume profile of the recent rally may have bearish implications that could hint at Bitcoin falling back into an extended bear market. дальше »

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This Technical Pattern Signals Bitcoin Could Soon See an Explosive 160% Rally

Bitcoin has entered what appears to be consolidation phase as it struggles to firmly surmount the $9,000 region The cryptocurrency is flashing some hints of bullishness as it attempts to gain a foothold within this region, although bulls need to garner greater buying pressure to make this happen One factor that could bolster Bitcoin and send it screaming back up towards its all-time highs is an extremely bullish technical pattern that just emerged Bitcoin has […] дальше »

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Altcoins Breaking Out of Multi-Week Channels, is Another Rally Imminent?

All attention has been on Bitcoin this past week as it clawed its way back to five figures. The majority of altcoins have been slow to catch up, but some are beginning to break out, leading analysts to believe a rally could be imminent. дальше »

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The Same Signal That Preceded Bitcoin’s 2,000% Rally in 2017 Finally Returns

It’s been an explosive past few weeks for Bitcoin. The cryptocurrency, after bottoming at $3,700 in the middle of March, has rallied over 170%. BTC, in fact recently crossed back above the ever-important $10,000 level. дальше »

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Despite Bitcoin’s 170% Rally, Analyst Expects XRP to “Pull Back”

Although Bitcoin has erupted over the past 24 hours, XRP has remained muted. The top altcoin is up 1% in the past 24 hours while BTC has surged 8% higher, failing to react to Bitcoin breaking past $10,000. дальше »

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This Bitcoin Factor That Marked Start of 300% Rally In 2019 Is Back

Bitcoin is just half a day into this week, but the cryptocurrency is already off to a bad start. As of this article’s writing, BTC is trading at $8,600 — just shy of 10% below last week’s high around $9,500 and 4% lower than where the asset started the week. дальше »

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Bitcoin Rally Above $9K Stalls as Sellers Push BTC Back to Key Support

Bitcoin price briefly reclaimed $9,000 but the lack of buy volume is weighing on momentum

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Geopolitical Risk Is Back & It’s Bullish for BTC; Bulls Going Parabolic Now Is Not Healthy

For now, Bitcoin is keeping just under $9,000 after jumping to nearly $9,500 during this recent rally. These gains also have the world’s leading cryptocurrency outperforming other assets in 2020. While bitcoin is up 20% YTD and gold about 12%, equities are down -9% YTD with oil in the lead with -80%. As the crypto […] дальше »

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Bitcoin Rises Back to $8.8K Even as US Stock Futures Drop

Bitcoin is rising so far on Friday but the price rally looks overstretched and gains may be transient. дальше »

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Here’s why Ethereum’s “hodlers” could ultimately fuel an explosive uptrend

Ethereum has seen notable volatility in recent times, primarily stemming from that seen by Bitcoin and many of its other peers. This has allowed the ETH to rally to fresh post-February highs of $230 overnight, although its push up to this level proved to be highly unsustainable and resulted in it declining back into the […] The post Here’s why Ethereum’s “hodlers” could ultimately fuel an explosive uptrend appeared first on CryptoSlate. дальше »

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Bitcoin RSI Hits Highest Since June 2019 Top, May Signal Bull Market

The latest rally in Bitcoin has caused the Relative Strength Index to reach shocking highs. Such a reading would typically indicate a pullback is due, however, it can also be a signal that the bull market is back in full force. дальше »

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This Rare Occurrence That Signaled Start of Bitcoin’s 300% 2019 Rally Is Back

Wednesday marked one of Bitcoin’s most powerful rallies in weeks. Within the span of just over 12 hours, the price of the leading cryptocurrency rocketed from $7,700 to a high of $9,000 — a dollar gain of $1,300 and a percentage gain of 17%. дальше »

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Goldman’s Chilling S&P 500 Crash Prediction Makes Bitcoin Vulnerable in Mid-2020

American banking giant Goldman Sachs has made a bleak prediction for the S&P 500 and its one that will impact Bitcoin and the rest of the crypto market. According to the firm, the major US stock index will eventually retest 2400 points around mid-year before a stronger rally back to nearly 3000 points takes place. дальше »

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This Bullish Bitcoin Factor Has a 85% Strike Rate Since 2011. It’s Nearly Back

Despite the impressive rally Bitcoin has embarked on since March’s lows, there’s been growing uncertainty in the crypto market. Some are fearful that an extended economic recession could send cryptocurrencies tumbling, while others have suggested that BTC is on the verge of an explosive rally, citing the block reward halving. дальше »

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The Same Bitcoin Trigger that Sparked 239% Rally in April 2019 is Back

Bitcoin closed above a crucial resistance area Wednesday. The ceiling was instrumental in beginning a new bull run back in 2019, wherein the price surged by 239%. Traders’ optimism for bitcoin has peaked ahead of its mining reward halving in May 2020. дальше »

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Traders Expect Bitcoin to “Nuke” Lower as Indicators Point to Imminent Volatility

Bitcoin saw some notable volatility earlier today that led the cryptocurrency to rally up towards $7,700 before facing yet another dire rejection at this level. This has placed BTC firmly back into a tight trading range and has led analysts to anticipate further downside. 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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Bitcoin Sets Sights on $8,000 after Closing a Higher-High

On April 23, the Bitcoin (BTC) price continued the rally it had begun the previous day, creating another bullish engulfing candlestick in the process. The increase initially went all the way up to $7,738, but dipped back shortly afterward and reached a close at $7,482. дальше »

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Crypto Market Forecast: 13th April

Crypto assets pulled back last week, disrupting a multi-week positive price rally. Despite the bearish price activity, a number of signals suggest crypto assets may succeed in the short run as a digital alternative to traditional markets that are more directly affected by COVID-19 policy measures and responses. дальше »

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Ethereum, Tron continue to rally as uncertainty looms over Decred

In light of the crypto-market's inherent volatility, it's easy to forget how certain altcoins did a while back. With the larger market focused on Bitcoin and its price performance, Ethereum's better-tThe post Ethereum, Tron continue to rally as uncertainty looms over Decred appeared first on AMBCrypto. дальше »

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Bitcoin SV's halving underlines rally as LINK, Verge continue recovery

The altcoin market continued to stay on course and recover its losses after the unexpected market crash back in March. This recovery run was led by Bitcoin, the world's largest cryptocurrency, consoliThe post Bitcoin SV's halving underlines rally as LINK, Verge continue recovery appeared first on AMBCrypto. дальше »

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Bitcoin Price: Current Level Acted As Launchpad For Past Historic Rally

Bitcoin price has nearly doubled in price after the historic collapse that occurred in mid-March took the asset back to under $4,000 at the low. The first-ever cryptocurrency has reclaimed a critically important level that in the past has acted as a launchpad for a record-breaking, over 40% rally in under 48 hours. Is Bitcoin... дальше »

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It’s Not just Retail Investors, Institutions Are Jumping Back into Bitcoin Too

Today, the markets are surging. Bitcoin jumped 5.15% to $7,150 and spot gold rose 0.2% to $1,618.90 per ounce. US stocks also rallied, with S&P 500 jumping 4.9% and Dow 5.1%. The upbeat start of the market came on the back of the growth rate of novel coronavirus infections slowing. Looks like sustained rally all day […] дальше »

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XRP Price Analysis: Bulls Back in Control but Analyst Warns $0.078 is Possible

In brief: Initially, XRP/USD looked set to lose the $0. 16 support zone.   The coin has since reclaimed $0. 17 and is currently trading at $0. 1766.   However, one analyst warns this might be a brief rally. дальше »

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