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Bitcoin Aims High, Is DeFi a Bubble? ICX & DUSK Technicals (and More): Crypto News Roundup

Despite some volatility, the Bitcoin price remained, by and large, stable last week as it hovered in a range between $9,250 and $9,500. The bulls may have a slight upper hand at this juncture. The alpha-crypto broke out from a descending resistance line yesterday and now appears to be aiming for an upward move towards […] The post Bitcoin Aims High, Is DeFi a Bubble? ICX & DUSK Technicals (and More): Crypto News Roundup appeared first on BeInCrypto. дальше »

2020-6-23 18:35


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Waning Demand for Bitcoin Spells Trouble for Where it Goes Next

Bitcoin saw a slight decline overnight that caused it to invalidate some of the strength that was previously guiding it towards $10,000 It now appears that the crypto is positioned to see further downside as its technical outlook degrades Analysts are pointing to waning demand and growing supply as reasons why the benchmark crypto could soon decline lower It is important to note that this decline could lead BTC as low as the $7,000 region […] дальше »

2020-6-6 21:00


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Bitcoin at Risk of Collapsing to $7,000 as Selling Pressure Ramps Up

Bitcoin has been finding some slight support at $8,800 throughout the past day, but the buying pressure here appears to be quickly degrading The crypto is also on the cusp of breaking below a technical formation that could spark some serious downside If it bears are able to shatter the slight support that has been established at $8,800, the cryptocurrency could then see a sharp move that sends it rapidly reeling down to the $7,000 […] дальше »

2020-5-27 02:00


Why Bitcoin Claiming This Crucial Level Will Set the Stage for a Move to $11,000

After plunging as low as $8,800 on Thursday, Bitcoin has mounted a slight recovery to $9,300, bouncing back from this week’s shell-shock rumor that Satoshi Nakamoto is liquidating his coins. While it’s too soon to tell whether or not BTC is in a full-blown bull market, a prominent trader says that Bitcoin capturing a specific... дальше »

2020-5-24 13:00


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It’s “Showtime” for Bitcoin Once it Breaks Above $10,500

Bitcoin incurred some explosive overnight momentum that allowed it to reach to highs of $10,000 before facing a slight rejection The cryptocurrency now appears to be well positioned to see further upside as its market structure begins growing incredibly bullish Analysts are now widely noting that all the signs seem to point towards Bitcoin making a visit to $10,500 If the crypto is able to firmly surmount this level, one trader believes it will be […] дальше »

2020-5-15 02:00


This Bitcoin Open Interest Trend Signals that There is Massive Room to Rally

Bitcoin is once again attempting to establish a firm foothold within the five-figure price region following the slight rejection it saw overnight The cryptocurrency’s current upwards momentum is showing major signs of being far more sustainable than that seen during previous months and years One economist is now noting that the lack of leverage seen during this movement signals BTC has further room to run Bitcoin is once again attempting to establish a firm footing […] дальше »

2020-5-9 02:00


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Ethereum’s Aggressive Bids are Dissolving as Buyers Grow Weak

Ethereum has seen a slight rejection from its recent highs in the time following its decline from just below $200 Analysts are noting that there are multiple separate technical factors that point to an imminent breakdown One such factor is a major decline seen in the cryptocurrency’s buying pressure, which has been dissolving throughout the past several days and weeks Ethereum has been closely tracking the price action seen by Bitcoin in recent times. This […] дальше »

2020-4-28 23:00


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Miners Have ‘Great Confidence’ in Bitcoin’s Future While Investors Shifting to Long-term HODLing

The price of Bitcoin has been stagnant in the first half of April, trading in a tight range of $6,750 and $7,350. Currently, BTC/USD is trading around $6,800 while the market remains in “extreme fear,” as per the Crypto Fear and Greed Index with a reading of 15, just a slight uptick since the sell-off […] дальше »

2020-4-15 17:35


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Despite 25% Correction From Bitcoin’s Peak, Top Analyst Still Expects a Great 2020

Despite the slight recovery, Bitcoin remains decisively down on the week, trending far lower since the $9,200 high was established on Saturday. In fact, from the local top, the cryptocurrency has lost 12%, and over 25% since February’s $10,500 top, dramatically underperforming traditional markets in the same time period. дальше »

2020-3-11 05:56


Analyst 4 Reasons Why Bitcoin Is Looking Extremely Bullish at $9,000

Despite the slight recovery seen over the past few days, analysts still fear that Bitcoin is on a trajectory that will see its price correct even further than it already has. In fact, Related Reading: Crypto Tidbits: India Makes Watershed Ruling On Bitcoin, Elon Musk Bumps Dogecoin, Ethereum Founder Supports Twitter CEO Some, however, aren’t... дальше »

2020-3-8 03:30