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Bitcoin Whales Grow After Price Bottoms, Analyst Says ‘Coins Are Moving to Very Strong Holders’

While the price of bitcoin has been consolidating just above the $30k handle, onchain data shows that when the price dropped to $28,800, bitcoin whales bought the dip. Statics from Glassnode’s web portal shows the number of addresses with more than 1,000 bitcoin has spiked after hitting the price bottom. The Number of Addresses Holding […] дальше »

2021-1-24 03:30


Latest CME Report Reveals Growing Appetite for Bitcoin Amongst Institutions

Bitcoin has been consolidating within the $30,000 region throughout the past few days and weeks Bulls and bears have largely reached an impasse, with buyers and sellers both being unable to spark any trend This comes as large institutional inflows show some signs of tapering, with these buyers largely being viewed as the ones responsible […] дальше »

2021-1-20 23:00


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The Countdown is on: Bitcoin has 3 Days Before It Reaches Apex of Key Formation

Bitcoin is seeing relatively lackluster price action today, with it consolidating within the mid-$30,000 region as altcoins all explode higher Where the entire market trends in the mid-term should depend largely on whether or not Bitcoin bulls can establish $37,000 as support The crypto has tested this level on a few occasions overnight, and it has been holding strong One analyst is now noting that BTC is likely to range for the coming few days […] дальше »

2021-1-17 00:00


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Analyst: Ethereum Forming Extremely Bullish Pattern as Bulls Target New Highs

Ethereum and the entire crypto market is consolidating today following some recent turbulence Bulls stepped up after the entire market saw a massive selloff yesterday and absorbed the influx of selling pressure, allowing BTC to rocket past $40,000 and ETH to move higher Today, the market has consolidated and drifted slightly lower, although bulls still […] дальше »

2021-1-9 01:38


Coinbase Whales Keep Buying Bitcoin as Price Rockets to New All-Time Highs

Bitcoin is in the process of consolidating after the cryptocurrency saw a push to all-time highs last night, which led it as high as $36,000 This movement came about suddenly and was quite surprising, but it didn’t last for long The rejection at these highs was not too grave, as BTC has been able to find some strong support within the lower-$34,000 region ever since There’s a strong possibility that it will consolidate here, as […] дальше »

2021-1-7 21:00


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Ethereum’s Fundamental Strength is Growing as Key Metric Points to Upside

Ethereum and the entire crypto market are currently consolidating following yesterday’s breakout rally This rally came about following Bitcoin move to its $19,400 resistance, which is a level that it has yet to surmount decisively Until BTC can break above this level, the rest of the crypto market will likely struggle to gain any immense momentum One analytics firm is now noting that Ethereum’s mid-term trend may be boosted by growing underlying strength They note […] дальше »

2020-12-15 23:00


YFI & YFII Might Be Gearing up for Another Breakout

The DFI.Money (YFII) price is consolidating inside a symmetrical triangle, from which a breakout is likely. YFI Gets Rejected On Dec.2, the YFI price reached a high of $31,781. It was the second time over the past two weeks that it had reached a high above $30,000, which is an important resistance area created by … Continued The post YFI & YFII Might Be Gearing up for Another Breakout appeared first on BeInCrypto. дальше »

2020-12-15 19:11


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Bitcoin is “Refining” This Bullish Range; Could Soon Post a Massive Breakout

Bitcoin is currently in the process of consolidating as bulls and bears battle for control of its near-term outlook Where the cryptocurrency trends in the mid-term will likely depend on whether or not bulls can once again push it above $19,000, as this has been a pivotal level for BTC A sustained bout of trading below here could open the gates for serious losses, but many factors are all working heavily in the cryptocurrency’s favor. […] дальше »

2020-12-9 02:00


Is The VIX Volatility Index Forecasting A Major Bitcoin Crash?

Bitcoin price is consolidating just below $20,000. As the last confrontation with $10,000 has shown, consolidation below resistance is typically a bullish event. However, with such strong resistance above, the uncertainty surrounding the pandemic, the coming vaccine, and the change of power happening in the United States, there’s a recipe for rejection as well. And […] дальше »

2020-12-8 04:00


Bitcoin is Likely to Remain Rangebound Until It Breaks This Key Level

Bitcoin has been caught within an intense consolidation phase throughout the past few days The selling pressure in the mid-$19,000 region is intense, and it remains unclear as to whether it will break above this anytime soon The fact that it has been consolidating above $19,000 is an incredibly positive sign, and forming this into […] дальше »

2020-12-8 19:00


Bulls Beware: Ethereum is Breaking a Crucial Trendline for the First Time in Weeks

Ethereum has seen a couple of sharp selloffs throughout the past day, with bears aiming at keeping it below $600 This comes following a strong move higher earlier this week, which allowed the crypto to rally as high as $623 The selling pressure here was intense and caused it to see a sharp decline, from which point forward it has been consolidating Where it trends in the mid-term will largely depend on its continued reaction […] дальше »

2020-11-26 00:00


Here’s Why Ethereum’s Overnight Plunge May Help Clear a Path to $700

Ethereum was struck hard by the plunge seen yesterday evening by the aggregated crypto market After setting fresh 2020 highs of $495 alongside BTC’s push towards $19,000, the cryptocurrency saw a rapid and unrelenting plunge that sent it to lows of $450 on some trading platforms This 10% decline occurred over the course of a few minutes and sent shockwaves throughout the entire market It has since recovered from these lows and is now consolidating […] дальше »

2020-11-19 23:00