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This Indicator Suggests Bitcoin is Slowly Reaching Overheated Levels as Rally Slows

Bitcoin and the entire cryptocurrency market have been caught within a firm uptrend as of late, but it has transformed into consolidation throughout the past couple of days BTC and its smaller counterparts are all trading sideways, with bears trying to gain an edge over bulls as they slowly push the cryptocurrency lower Where the market trends in the near-term should depend largely, if not entirely, on whether or not BTC can surmount $40,000 once […] дальше »

2021-1-10 22:00


Analyst: Ethereum Likely to Target $780 as Technical Strength Grows

Ethereum has seen some lackluster price action throughout the past few days, which comes as Bitcoin leads the crypto market into a consolidation phase The crypto will likely continue seeing some sideways trading until BTC finds some clear directionality The pivotal level for ETH at the moment appears to be $600, as the selling pressure here has proven to be significant in the past Each break above this level has been short-lived and followed by […] дальше »

2020-12-8 23:00


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Investors’ Unrealized Bitcoin Profits are Higher Than 2019 Peak; A Warning Sign?

Bitcoin has been on a tear throughout the past few weeks, with its price posting 2017-style gains as buyers take charge After reaching highs of $19,000, the cryptocurrency’s momentum began stalling and it entered yet another consolidation phase These bouts of sideways trading have been seen on multiple occasions throughout the recent uptrend. дальше »

2020-11-24 21:00


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Ethereum Could Be in a Precarious Position as Buyers Fail to Break Key Level

Ethereum has been underperforming Bitcoin throughout the past couple of days, drifting lower while the benchmark crypto nears its 2020 highs Higher risk assets like ETH may be seeing tempered price action because investors fear the sustainability of BTC’s latest push higher If it can stabilize and see a continued bout of sideways trading, then assets like Ethereum may be able to push significantly higher One trader is noting that until $460 is flipped back […] дальше »

2020-11-16 23:00


Bitcoin is Poised to Rally Towards $17,000 Next as Outlook Grows Bright

Bitcoin has seen a quiet weekend of trading, with the cryptocurrency struggling to gain any immense momentum as bulls and bears reach an impasse This has led to a prolonged bout of sideways trading around $16,000, with bulls and bears both struggling to gain control of its near-term Its recent price action has done little to provide any insights into where it might trend over a mid-term time frame That being said, one analyst is […] дальше »

2020-11-16 19:39


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Here’s Why Analysts Expect Bitcoin to Plunge Lower in the Near-Term

It has been a relatively uneventful day for Bitcoin, with the benchmark crypto ranging sideways following the immense decline seen yesterday that sent it down to $14,800 The buying pressure at these lows proved to be too much for bears to handle and instantly sparked a “V-shaped” recovery BTC is now hovering within the lower-$15,000 region, struggling to gain any upwards momentum as its buyers and sellers reach an impasse This trend of stability may […] дальше »

2020-11-11 21:00


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Chainlink is Positioned to See a Major Push Higher Despite Today’s Selloff

Chainlink’s price action as of late has been rather lackluster, primarily consisting of accumulation and consolidation as it trades between $10.00 and $11.00. This sideways trading has done little to offer investors any serious insights into its near-term outlook, but it is important to note that it is now moving in close tandem with the […] дальше »

2020-10-21 00:00


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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This Indicator With an 80% Strike Rate Just Flashed a Bullish Sign for Bitcoin

Bitcoin and the aggregated crypto market have been struggling to gain any significant momentum BTC has pushed off of its recent lows, however, it remains in a somewhat precarious position as its price continues trading sideways Where it trends next will likely depend largely on the stock market, which has had intense influence over its price action Still, its independent strength remains, as most on-chain indicators are flashing bullish signs One analyst is now noting […] дальше »

2020-10-18 19:00


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Analyst: Bitcoin Would Rocket to $20k if It Were to Breakout Today

Bitcoin’s price has been struggling to gain any serious momentum over the past few days This has come about due to the stock market’s sideways trading, which is still holding heavy influence over that of BTC The cryptocurrency is facing some heightened selling pressure due to bearish developments within the market, but bulls have been absorbing the heavy influx of sell orders Where the entire market trends next may depend largely on Bitcoin One analyst […] дальше »

2020-10-18 01:00