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Cryptocurrency Funds See Investment Declines in January 2021

Crypto price volatility at the start of the year seems to be making cryptocurrency fund investors wary as capital inflow for the sector has experienced a massive decline. The virtual currency market has seen a sudden spike to reach a $1 trillion valuation before a massive retrace that has seen “coins” fall significantly from theirRead More дальше »

2021-1-13 21:00


Analyst: Bitcoin Could Cross $100,000 in a “Matter of Weeks” as Bulls Take Control

Bulls have taken full control of Bitcoin’s price action, sending the cryptocurrency rocketing up to $40,000 this morning before it faced some resistance It has since retraced slightly but is still looking strong and could be positioned to rally higher in the near-term Each retrace seems to be providing it with fuel for further momentum, which is a sign that bulls are in full control of the mid-term trend Where the market heads next will […] дальше »

2021-1-8 23:00


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Analyst Expects Bitcoin Retrace to $12,000 as Powerful Uptrend Stalls

Bitcoin has flashed some immense signs of strength throughout the past few hours, once again pushing up towards $16,000 Bulls appear to be gearing up for another test of this crucial resistance level If rejected here, this level could be confirmed as a mid-term top that is followed by immense downside A break above this level, however, would but a move to its all-time highs on the table One analyst is noting that he is […] дальше »

2020-11-11 21:00


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Analyst: Bitcoin Likely to Plunge Towards $12,000 as Top Signs Emerge

Bitcoin has seen a slight retrace this morning, with bulls being unable to break above the immense selling pressure that exists around $16,000 Today’s move lower has been somewhat slow and has yet to force the crypto below any crucial level One trader is now offering a somewhat grim outlook on the cryptocurrency, noting that he is expecting it to see one more impulse higher before topping and posting massive losses He is particularly looking […] дальше »

2020-11-7 19:08


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This Technical Indicator Suggests Bitcoin Has Formed a Local Top

Bitcoin’s price is seeing a slight consolidation phase as it trades around $13,000 The selling pressure around $13,200 has proven to be significant but bears inability to spark any significant retrace points to some weakness amongst sellers If bulls can provide BTC with a strong foothold within this price region, there’s a strong chance that serious upside is imminent One analyst explained in a recent tweet, however, that a technical indicator is suggesting that the […] дальше »

2020-10-24 02:00


Bitcoin Creates Strong Tailwind as Traders Rotate Capital into Altcoins

Bitcoin’s price has begun consolidating following its immense surge seen throughout the past 48 hours Yesterday afternoon, it rallied as high as $13,200 before it found any strong resistance that forced it lower Unlike the trend seen during fleeting upsurges, Bitcoin did not retrace that far into its recent rally following the rejection at these highs This indicates that bulls are in control of the asset at the moment and may indicate that further upside […] дальше »

2020-10-23 02:00


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It’s a Critical Moment for Ethereum Following Latest Rejection at $400

Ethereum has been struggling to garner any strong momentum over the past week Overnight it saw a sharp influx of buying pressure that sent its price rocketing past $400 for a brief moment This movement was short-lived, however, as the cryptocurrency then posted a strong retrace that sent it reeling back down towards the $380 region Analysts are now noting that it’s a pivotal time for ETH, with a potential decline here having grave long-term […] дальше »

2020-8-13 23:00


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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


Bitcoin is Facing “Serious” Bearish Divergences as Analysts Eye Downside

The strong momentum Bitcoin has incurred in recent weeks is now showing some signs of stalling as it struggles to break above $12,000 This signals that the resistance at this level may be insurmountable, and may also be a sign of weakness amongst bulls Analysts are now noting that it has led to a surge in bearish divergences that seem to suggest a retrace is imminent BTC now has multiple key support levels throughout the […] дальше »

2020-8-8 21:00


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Analysts are Cautious of the Crypto Market’s Latest Push Higher; Factors to Consider

The aggregated crypto market saw a sharp rise today fueled by widespread liquidations of short positions This movement came about following an extended period of sideways trading within the upper-$8,000 region Analysts are cautious about the market-wide trend shift, as some are noting that there are a few factors that signal it will be followed by a sharp retrace Bitcoin led the entire crypto market to rally higher overnight, with a continued defense of $8,800 […] дальше »

2020-5-28 02:00


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It’s Decision Time for Ethereum as Analysts Eye Full Retrace of Uptrend

Ethereum has been hit hard by the recent market-wide downtrend Analysts now expect ETH to surrender all of the gains that it posted over the past couple of weeks Ethereum has been particularly impacted by the crypto market’s recent downturn, with the second largest cryptocurrency erasing the vast majority of the gains that were incurred as the result of its recent uptrend seen last week. дальше »

2020-4-22 23:00