Why Bitcoin traders fear a significant pullback for the first time in 2 months

The Bitcoin price has dropped by around three percent overnight after it rejected $9,600. A handful of traders are now becoming cautious towards BTC for the first time since December 2019. Here’s why a pullback for Bitcoin would make sense In May 2018, after the Bitcoin price rejected the $9,000 region, BTC went onto drop […] The post Why Bitcoin traders fear a significant pullback for the first time in 2 months appeared first on CryptoSlate. дальше »

2020-1-31 09:36

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Bitcoin just rejected $9450 again; now showing 4 factors of a potential pullback

The Bitcoin price just rejected $9,450 again on lower time frames and is vulnerable to a short-term pullback. It satisfies all four factors that previously led to deep corrections in the past. As explained by one cryptocurrency trader, the four factors that often trigger the Bitcoin price to decline substantially after an extended rally are: […] The post Bitcoin just rejected $9450 again; now showing 4 factors of a potential pullback appeared first on CryptoSlate. дальше »

2020-1-30 02:08

This analyst says there’s a “high chance” Bitcoin may never fall under $5k again

Once Bitcoin (BTC) started to incur strong losses in the second half of 2019, analysts were once again making extremely low price predictions. Long-time Bitcoin skeptic Peter Schiff, who is CEO of Euro Pacific Capital, wrote in a late-2019 tweet that per his technical analysis of the charts, BTC’s breakdown below the $7,000 range could […] The post This analyst says there’s a “high chance” Bitcoin may never fall under $5k again appeared first on CryptoSlate. дальше »

2020-1-26 18:34

Analyst: this dire technical formation may spell doom for Bitcoin’s near-term price action

The 2020 Bitcoin rally was fun while it lasted, but the cryptocurrency recently formed a much-dreaded technical formation that may signal that BTC will see further near-term downside. This technical formation – which is accurately described by analysts as a “death cross” – comes about after an asset’s 50-day moving average crosses beneath its 200-day […] The post Analyst: this dire technical formation may spell doom for Bitcoin’s near-term price action appeared first on CryptoSlate. дальше »

2020-1-24 22:19

Analyst: Bitcoin re-accumulation phase has begun, but it must drop to this key price first

The Bitcoin price tends to move in a trend that deals maximum pain for both bulls and bears in the market — and this time is seemingly no different. Based on previous fractals, one popular cryptocurrency technical analyst said that the Bitcoin price is more likely to pull back to the low $5,000s to establish […] The post Analyst: Bitcoin re-accumulation phase has begun, but it must drop to this key price first appeared first on CryptoSlate. дальше »

2020-1-23 02:40

Ethereum’s consolidation trend may turn into a full-blown bull rally if it breaks this key level

Ethereum has been able to begin gaining some tempered momentum following its recent drop to lows of $162, as ETH has now pushed its way back up towards the $170 region. Although the cryptocurrency is still trading down slightly from its recent highs of $177 that was set this past Saturday, its ability to hold […] The post Ethereum’s consolidation trend may turn into a full-blown bull rally if it breaks this key level appeared first on CryptoSlate. дальше »

2020-1-22 16:41

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Bitcoin blasts through key resistance as analysts eye potentially major upside

Bitcoin is currently in the process of breaking out of its recent consolidation phase, as BTC’s bulls are pushing the crypto up towards its key resistance levels around the $8,300 region. Although it does appear that the cryptocurrency is currently struggling to break above its recent highs of $8,500, its current momentum does appear to […] The post Bitcoin blasts through key resistance as analysts eye potentially major upside appeared first on CryptoSlate. дальше »

2020-1-14 08:30

Analysts explain why Bitcoin is ready to enter a bull market again

At long last, Bitcoin has shown signs of life, rallying by 20 percent from the $6,800 bottom put in nearly two weeks ago. Although this recent price action has been deemed a “relief rally” by some analysts, more and more indicators suggest that BTC and the rest of the cryptocurrency market are on the verge […] The post Analysts explain why Bitcoin is ready to enter a bull market again appeared first on CryptoSlate. дальше »

2020-1-13 05:57

Here are the two major reasons Ethereum dropped 50% against Bitcoin in the past 7 months

Since May 2019, the price of Ethereum has dropped by around 50 percent against Bitcoin. The ETHBTC pair across major exchanges declined from 0.0347 BTC to 0.01762 BTC within seven months. Behind the lackluster performance of Ethereum against Bitcoin since 2019 are: a correction in the crypto market in the latter half of last year […] The post Here are the two major reasons Ethereum dropped 50% against Bitcoin in the past 7 months appeared first on CryptoSlate. дальше »

2020-1-8 13:42

This simple analysis suggests the Bitcoin price could increase 100% in 2020

Due to the fact that it is an illiquid asset, Bitcoin’s day-to-day price movements are unpredictable. Just think back to late-October of last year, when the price of the leading cryptocurrency suddenly surged by 42 percent in a day’s time, or earlier this week, when BTC tanked below $7,000 to only see a surprise recovery […] The post This simple analysis suggests the Bitcoin price could increase 100% in 2020 appeared first on CryptoSlate. дальше »

2020-1-4 18:00

Analyst: here’s why Bitcoin is bound to see further bullishness despite $7,700 rejection

Bitcoin’s bulls took a hit today after the cryptocurrency faced a violent rejection at $7,700 that led BTC as low as $7,250 before it found enough support to halt this downwards movement. It is important to note that recent fundamental and technical developments still heavily favor the cryptocurrency’s buyers, which may mean that this latest […] The post Analyst: here’s why Bitcoin is bound to see further bullishness despite $7,700 rejection appeared first on CryptoSlate. дальше »

2019-12-24 06:16

Bitcoin price may collapse below eight-year growth curve; can bulls retake control?

Once again, Bitcoin (BTC) has started to slip. After trading above the key $7,000 support for days on end, the cryptocurrency slipped on Monday, tumbling to $6,800, then $6,700 on Tuesday. Right now, bears still seem to be in full control of the crypto market, having pushed BTC from $14,000 to $7,000 over the past […] The post Bitcoin price may collapse below eight-year growth curve; can bulls retake control? appeared first on CryptoSlate. дальше »

2019-12-18 12:00