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This on-chain indicator confirms the Bitcoin bull market is just getting started
Bitcoin has entered what appears to be a consolidation phase following its latest bout of volatility. The post This on-chain indicator confirms the Bitcoin bull market is just getting started appeared first on CryptoSlate. дальше »
2020-11-11 05:00 | |
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Whales Flip Long on Bitcoin While Retail Remains Sidelined; A Bullish Sign?
Bitcoin has been flashing signs of strength today as it rebounds from an intense selloff seen yesterday. Its reaction to this dip proves that this is a firm bull market, as each bout of selling pressure is met with serious buy-side pressure that slows its descent and helps lead it to see further upside. Where […] дальше »
2020-11-9 23:00 | |
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Chainlink’s Parabolic Trendline is Intact, But Analysts Fear a Breakdown
Chainlink has been struggling to gain momentum over the past couple of days, with the ongoing bout of capitulation within the altcoin market, creating far-reaching shockwaves that have impacted LINK. дальше »
2020-10-31 02:00 | |
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Here’s What May Have Caused Bitcoin to Nosedive into Its Key Support
Bitcoin saw a nosedive that caused it to erase all of yesterday afternoon’s gains as a result of the intense selling pressure around $13,800 This level marks the cryptocurrency’s 2019 highs, and a continued bout of trading at this level could confirm this as a local top It is important to note that BTC has found support above $13,200, which is a positive sign suggesting that upside is imminent The resistance here isn’t the only […] дальше »
2020-10-29 02:00 | |
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After $1,200 Surge, Bitcoin Faces Down a Pivotal Resistance Level
Bitcoin has seen an absurd bout of price action over the past few days. The leading cryptocurrency, after falling to $11,200 last week, surged as high as $13,250 on leading exchanges on Wednesday. The coin has since whipsawed since hitting those highs, dropping and rallying by hundreds of dollars below that high as investors gauge […] дальше »
2020-10-22 13:00 | |
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Analyst Claims Bitcoin Unlikely to Gain a Trend Until 2 Key Events Occur
It has been a rocky past week for Bitcoin, as the cryptocurrency has primarily been subjected to a bout of sideways trading Its inability to gain any trend is likely due to the stock market’s consolidation phase For better or worse, BTC has grown incredibly tied to the traditional market Its near-term trend may depend almost entirely on that seen by equities That said, one analyst is now pointing towards two key events currently taking […] дальше »
2020-10-20 21:00 | |
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Analysts Expect Chainlink to See Accumulation Before Rocketing Higher
Chainlink’s price action has been rather lackluster as of late, with Bitcoin’s indecisiveness not providing altcoins with much momentum. LINK has been caught within a bout of sideways trading throughout the past few days, with buyers and sellers largely reaching an impasse as the crypto ranges between $10. дальше »
2020-10-15 02:00 | |
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Yearn.finance’s (YFI) Market Structure Points Towards a Q4 Move Below $10,000
Yearn. finance’s governance token (YFI) has been caught within a bout of extreme turbulence. A fragmented community, growing animosity towards the protocol’s founder, as well as a general downturn in the DeFi space have all struck serious blows to its outlook. дальше »
2020-10-15 00:00 | |
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Ethereum Remains Strong So Long as It Defends One Critical Level
Ethereum and the entire cryptocurrency market are currently caught within a consolidation phase This has come about due to Bitcoin’s tight bout of trading between $11,400 and $11,600 ETH is trading above a critical level that it was previously struggling to surmount This is a bullish sign that indicates it may be well-positioned for a strong move higher in the near-term That being said, one analyst believes that ETH’s price could drift significantly lower while […] дальше »
2020-10-15 23:00 | |
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Ethereum Posts a Pristine Technical Breakout as Analysts Target $400+
Ethereum’s price action has been closely correlated to that of Bitcoin, which has caused it to see a bout of consolidation It was able to post an incredibly strong move higher yesterday that allowed it to break its $380 resistance This level has been a pivotal one for Ethereum for the past several months, and the break above it holds serious technical significance That said, it is now imperative that the cryptocurrency stabilizes above this […] дальше »
2020-10-14 23:00 | |
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This Pattern Suggests Bitcoin is Days Away from Making an Explosive Movement
Bitcoin’s incredibly tight and prolonged bout of sideways trading may not last for too much longer and will likely resolve in a massive movement that sets the tone for which direction it trends over a multi-month period. дальше »
2020-10-9 19:00 | |
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Bitcoin Could Soon Rocket to $11,900 as Consolidation Phase Nears Its End
It has been a rocky past few days for Bitcoin and the aggregated crypto market. While BTC is stuck within a bout of sideways trading, altcoins have been facing massive inflows of selling pressure as investors flee “beta assets. дальше »
2020-10-6 19:00 | |
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This Indicator Suggests Chainlink is Poised to See a Serious Rebound
Chainlink’s price action has been all over the place throughout the past few weeks, with it first seeing a bout of capitulation that sent it to lows within the $7. 00, before it was able to post a strong rebound that led it up to highs of $11. дальше »
2020-10-4 01:00 | |
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Bitcoin Could be Coiling Up for a Move Past $11,000 Due to These Events
Bitcoin’s price has been seeing an incredibly tight bout of consolidation throughout the past 24-hours, forming a $50 trading range as it stays within the mid-$10,500 region This has created an air of uncertainty regarding where it may trend next, as it could easily see a swift move in either direction That being said, the cryptocurrency’s ability to find stability in the face of a barrage of multiple bearish news developments is positive One trader […] дальше »
2020-10-4 19:00 | |
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Bitcoin Has Yet to Break Key Resistance Despite Strong Monthly Close
Bitcoin is currently posting a somewhat weak attempt to shatter the resistance laced throughout the upper-$10,000 region A break above here could open the gates for a move post $11,200, which would mark an end to its recent bout of sideways trading That being said, the crypto has yet to firmly climb above one key level that an analyst is closely watching Until it does so, the significance of this recent push higher remains somewhat […] дальше »
2020-10-2 02:00 | |
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Here’s Why Ethereum Might Plunge to $340 Before Ending Its Bear Trend
Ethereum’s price action has largely been in sync with that of Bitcoin and the entire crypto market Bulls and bears have both attempted to control its mid-term trend, but this has just resulted in a prolonged bout of sideways trading One analyst believes that the market might see some slightly further selling pressure in the near-term, which could slow its ascent and cause it to reel lower He is specifically setting his sights on a […] дальше »
2020-10-2 23:00 | |
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Bitcoin’s Strong Monthly Close Indicates October Will be a Green Month
Bitcoin’s recent bout of consolidation is still ongoing, but bulls appear to be in the process of attempting to break this trend The cryptocurrency is currently pushing towards its $11,000 resistance, which is a positive sign that indicates a test of this level may be imminent That being said, where it trends in the days and weeks ahead may depend largely on whether or not it can continue holding above some key levels One analyst […] дальше »
2020-10-2 21:00 | |
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Analyst: Bitcoin May Face Prolonged Accumulation Phase Around $9,000
Bitcoin is now caught within a persistent and relatively tight accumulation phase between $10,600 and $10,800 The cryptocurrency has been unable to post any type of ardent reaction to either of these levels, and has mainly traded in between them at $10,700 BTC’s ongoing bout of sideways trading has done little to offer insight into its near-term outlook, but investors are noting that a fresh trend may be approaching One trader recently put forth a […] дальше »
2020-10-1 21:00 | |
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Ethereum Reaches a Fate-Determining Level as Analysts Watch for Volatility
Ethereum’s price action has been closely tracking that of Bitcoin in recent weeks, causing it to see a choppy bout of sideways trading The lack of any real trend in recent weeks has made ETH’s mid-term outlook somewhat unclear That being said, the crypto may now be trading at a pivotal level that determines its near-term outlook One analyst is noting that the price at which it is currently trading has historical significance, and its […] дальше »
2020-9-27 22:00 | |
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Bitcoin Remains Stuck Within Key Trading Range; Levels to Watch For
The price action seen by Bitcoin throughout the past couple of days and weeks has been rather boring, with the benchmark cryptocurrency caught within a firm bout of sideways trading that has offered little insight into its mid-term outlook. дальше »
2020-9-26 19:00 | |
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Chainlink Forms Classic Reversal Pattern as Analysts Eye Further Upside
Chainlink saw a bout of capitulation yesterday that came about after a multi-week downtrend. This came in the form of a sharp decline that sent its price reeling from highs of $20. 00 to lows of nearly $7. дальше »
2020-9-25 00:00 | |
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Ethereum has Yet to Reach a Critical Support Zone; Will It Tap $300?
Ethereum’s price action has been nearly identical to that of Bitcoin throughout the past couple of days This caused the crypto to dip as low as $318 yesterday, at which point buyers stepped up and catalyzed from strong momentum This pushed the cryptocurrency up to highs of $340, which is where it found some resistance ETH is now caught within a bout of sideways trading, and its price is offering few signs of clarity to […] дальше »
2020-9-25 00:00 | |
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Here’s the Crucial Level Bitcoin Needs to Close Above to Kick Off Its Uptrend
Bitcoin’s price action has not been encouraging for bulls as of late Following a short-lived bout of trading above $11,000, the cryptocurrency ultimately faced a harsh rejection at $11,200 The decline from these highs has been intense, leading the cryptocurrency to slide down to lows of $10,400 that were revisited this morning BTC now appears to be caught within a trading range with a lower boundary at $10,400 and an upper boundary around $10,600 Traders […] дальше »
2020-9-24 02:00 | |
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This Pattern Suggests Bitcoin May Soon Reel Lower and Tap Fresh Lows
Bitcoin is currently caught within an incredibly tight bout of sideways trading, with its price mainly hovering around $10,500 for the past couple of days Overnight, bears did attempt to spark a sharp downside move when they pushed the crypto as low as $10,400 This dip was fleeting, as bulls quickly propelled it back up to its current price level BTC’s inability to form a decisive trend comes as it trades between two crucial levels […] дальше »
2020-9-24 21:00 | |
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Here are the Key Factors Helping to Drive Bitcoin’s Price Lower
After a short bout of trading above $11,000, Bitcoin has witnessed massive inflows of selling pressure that have slowed its ascent and stopped it from seeing any major upside The cryptocurrency is now at grave risk of seeing further losses, with analysts noting that it may soon visit its key $10,200 support A break below this level could lead to serious losses, with bears potentially moving to fill the CME gap that exists around $9,700 […] дальше »
2020-9-23 21:00 | |
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Yearn.finance (YFI) Just Plunged by Over 10%: Here’s What’s Driving the Move
Decentralized finance’s Yearn. finance (YFI) has dropped 10% in the past 24 hours despite strength in Bitcoin. The YFI coin is down over 33% from its all-time high price set just weeks ago. The coin seems to be dropping due to a wider bout of weakness in DeFi, caused by a number of trends. дальше »
2020-9-20 00:16 | |
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Bitcoin Faces “Weak” Selloff as Buyers Gear Up for a Push Higher
Bitcoin’s price has stabilized following its recent bout of intense volatility This turbulence mostly favored bulls, as the crypto was able to rally as high as $11,100 before facing some heavy resistance that slowed its ascent Analysts are now widely noting that it may be poised to see some further weakness in the near-term That being said, the tempered reaction to the strong selling pressure in the lower $11,000 region does seem to be a […] дальше »
2020-9-18 21:00 | |
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Bitcoin Slows Its Bearish Momentum Following Daily Close; Factors to Consider
Bitcoin is currently flashing some notable signs of strength following the bout of weakness seen throughout the past couple of weeks. The cryptocurrency is far outperforming the altcoin market, with both major altcoins like Ethereum and Chainlink – as well as smaller ones – all flashing signs of immense weakness throughout the past several days […] дальше »
2020-9-17 19:00 | |
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Bitcoin Struggles to Hold Above $10,000 as Risk of Serious Downside Grows
Bitcoin plunged overnight to lows of $9,900 once again, with bulls struggling to defend against it seeing further downside Analysts are widely noting that the cryptocurrency is now at risk of seeing even further downside in the near-term as it struggles to maintain above its crucial support One trader is noting that a continued bout of trading below $10,000 could strike a blow to the crypto’s technical structure He reckons that this will lead BTC […] дальше »
2020-9-7 21:00 | |
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Bitcoin Plunges Below $11,000 as Selling Pressure from Miners Ramps Up
After facing some slight turbulence yesterday, Bitcoin incurred a massive rush of selling pressure today that sent its price reeling down to lows of $10,700 This movement came about in the form of a sharp selloff following a prolonged bout of sideways trading within the lower $11,400 Analysts are now noting that the market is now at serious risk of seeing further downside This comes as multiple large BTC mining pools begin offloading their holdings […] дальше »
2020-9-4 21:00 | |
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Synthetix Founder: There’s a Chance Bitcoin “Barely Moves” in this Bull Market
Bitcoin has seen extreme strength over recent weeks, rallying around 30% in the past month. One pioneer in the cryptocurrency space thinks, though, that BTC may not see a great bout of price appreciation this market cycle. дальше »
2020-8-31 02:00 | |
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Bitcoin’s Bull Case Degrades Following Selloff; What Analysts Are Watching
Bitcoin has seen some slight downside today, marking a bearish resolution to the bout of sideways trading that it has been caught within throughout the past few days Yesterday, bulls were showing some signs of strength as they pushed the crypto towards $12,000 This fleeting momentum seems to indicate that bulls are still plagued by underlying weakness As for where BTC may trend next, analysts are noting that this did strike a blow to the […] дальше »
2020-8-26 21:00 | |
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Ethereum Shows Signs of Weakness as It Nears Last-Ditch Support
Ethereum is showing some signs of weakness as it once again dips below $390 This level has become slight support for the cryptocurrency, with a sustained bout of trading beneath it potentially degrading its technical strength Analysts are offering a mixed outlook on the cryptocurrency, but one thing that is widely agreed upon is that it is approaching a make-or-break support level If the cryptocurrency is able to bounce at this level, it may be positioned […] дальше »
2020-8-24 22:00 | |
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Here’s the Crucial Level That May Spark Bitcoin’s Next Bloodbath Decline
Bitcoin has been caught in the throes of an intense bout of sideways trading for the past few weeks, with attempts to break above or below the upper-$11,000 region proving to be highly fleeting. Earlier this week, the benchmark cryptocurrency rallied as high as $12,400 before it lost its momentum, with its price subsequently plunging […] дальше »
2020-8-22 02:00 | |
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Ethereum at Risk of Seeing Major Downside; Here’s What Analysts are Watching
Ethereum has seen mixed price action over the past couple of weeks After rallying to highs of nearly $450 last week, the crypto faced an insurmountable influx of selling pressure that forced it lower Initially, this decline forced ETH to lows of $398 before it bounced towards $420, but today it faced another bout of selling pressure that sent it back to its $400 support Analysts are now starting to grow increasingly bearish on the […] дальше »
2020-8-22 23:00 | |
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Bitcoin Just Hit a Crucial Trendline; Analysts Expect Imminent Fireworks
Bitcoin and the rest of the crypto market has witnessed some bear-favoring volatility throughout the past few hours This came about following a day of relative stability yesterday, and it appears that Ethereum’s potent decline is creating headwinds for the rest of the market BTC is now trending down near a crucial support level that coincides with a key trendline Analysts believe that a continued bout of trading above this level could be all that […] дальше »
2020-8-22 21:00 | |
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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 »
2020-8-16 04:00 | |
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Ethereum Slides to Crucial Support Level as Analysts Eye an Emerging Bull Flag
Ethereum posted a massive breakout yesterday that allowed it to put a firm end to the bout of sideways trading that it was previously experiencing The cryptocurrency is now attempting to stabilize within the mid-$400 region It is important to note that $450 does appear to be a resistance level, as this is around where its momentum faltered during its recent push higher One analyst is now noting that $430 is a crucial support level […] дальше »
2020-8-16 22:00 | |
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Analyst: Bitcoin Could Surge to $17,000 Once This Crucial Level is Broken
Bitcoin has been caught within a bout of sideways trading for the past couple of weeks This has led it to form a relatively wide trading range between $11,200 and $12,200 The crypto’s buyers have been ardently guarding against a dip to below the lower boundary of this range, as a strong upswing follows each visit here Analysts are now noting that BTC may be positioning itself to see significantly further gains in the short-term […] дальше »
2020-8-16 19:00 | |
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Bitcoin Could Retrace to $9,000 if it Breaks Below This One Key Level
Bitcoin is now hovering within the mid-$11,000 region following the intense bout of selling pressure it witnessed yesterday The decline beneath $11,200 was quickly absorbed by bulls, although BTC remains in a somewhat precarious position One analyst is pointing to massive support just below where the crypto is currently trading as a bullish factor That being said, other traders are cautioning that BTC is getting closer to a key level that could lead the crypto […] дальше »
2020-8-13 02:00 | |
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Bitcoin options market shows it is “open air” for BTC after $14,000
Bitcoin is currently caught within another bout of sideways trading as its price hovers within the upper-$11,000 region. The post Bitcoin options market shows it is “open air” for BTC after $14,000 appeared first on CryptoSlate. дальше »
2020-8-11 10:21 | |
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Ethereum is Showing Early Signs of Weakness; Is the Top in?
Ethereum, like Bitcoin, is facing a bout of consolidation as it trades below its crucial near-term resistance This level has held strong throughout the past several days, and each attempt to break above $400 has been met with an influx of selling pressure One result of this consolidation phase has been the emergence of multiple bearish signals that all point to imminent downside Analysts believe that unless ETH gains ground against BTC, it could be […] дальше »
2020-8-8 23:00 | |
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Here’s the Critical Level Bitcoin Needs to Hold Above to Maintain Its Momentum
Bitcoin has shown some slight signs of weakness today as its bull struggle to keep it above $11,000 It is important to note that today’s price action hasn’t done much to alter its market structure, although a continued bout of trading beneath this level could be a grave sign Analysts are now noting that the crypto remains in firm bull territory so long as it continues trading above $10,800 For its recent uptrend to extend […] дальше »
2020-7-31 21:00 | |
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BTC Above $11,000, How To Secure Profit From Bullish Moves
It seems that Bitcoin is out of the consolidation stage and the big move everyone waiting for is upward: the price reached a six-month high of $11,386 or a one-day gain of 10.5% on Tuesday. The increase in price brings a new bout of volatility, with its one-month implied volatility soared 48% to 64% on […] дальше »
2020-7-28 16:29 | |
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Bitcoin Just Broke a Descending Trendline from 2017; Is the Bull Market Here?
It has been a wild 24-hours for Bitcoin and the aggregated cryptocurrency market Following a long-held bout of consolidation, the benchmark digital asset is now breaking out and appears to be aiming for a test of its yearly high at $10,500 BTC’s latest break above $10,000 is different from those seen previously and has so far proven to be far more sustainable Analysts are now noting that this movement has also allowed Bitcoin to shatter […] дальше »
2020-7-28 21:00 | |
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Gold Sets Record High Ahead Of Second US Stimulus, Will Bitcoin Follow?
Today, the United States is expected to introduce the details of its latest economic stimulus package. Ahead of the expected record bout of money printing, hard assets like Bitcoin, gold, and silver began soaring. дальше »
2020-7-27 18:00 | |
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These factors could be behind Ethereum’s intense rally to $280
After facing a prolonged bout of sideways trading, Ethereum has now found itself caught within the throes of an intense uptrend that came about suddenly yesterday. The post These factors could be behind Ethereum’s intense rally to $280 appeared first on CryptoSlate. дальше »
2020-7-24 04:00 | |
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These 3 Factors Suggest Bitcoin’s Uptrend is Just Getting Started
Bitcoin saw a notable upswing yesterday that allowed it to put some serious distance between its current price and its recent low. The benchmark cryptocurrency is starting to show signs of breaking its bout of incredibly low volatility. дальше »
2020-7-24 02:00 | |
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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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