This expert says, if you have Bitcoin, hold it until...

2021-10-29 20:00

The crypto market is often compared to the dot-com bubble before the 2000-01 market crisis. Earlier this year, billionaire Mark Cuban had also said that the crypto sector resembled the "internet stockThe post This expert says, if you have Bitcoin, hold it until... appeared first on AMBCrypto.

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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 […]

2020-12-15 23:00


Bitcoin’s Short-Term Outlook is Dangerous for Bulls; Here’s Why

Bitcoin has flashed some signs of tempered strength throughout the past few days, with bulls ardently defending against a sustained drop below $18,000 The buying pressure below this level was tempered and only sparked a slow climb higher Until the crypto can reach a level that kicks off a massive buying spree that creates another “V-shaped recover,” there’s a possibility that it will see further weakness One trader is now noting that a move lower […]

2020-12-13 22:00


Bitcoin Continues Struggling to Set Fresh All-Time Highs: What Analysts are Saying

Bitcoin has been struggling to break above the mid-to-upper $19,000 region throughout the past few days and weeks, with the selling pressure here being significant Until bulls can shatter the resistance region that begins at $19,400, it may continue seeing a prolonged consolidation phase The cryptocurrency’s latest weekly close, however, was incredibly bullish and happened to mark the highest one ever posted by the crypto on many exchanges This could boost its mid-term outlook, but […]

2020-12-8 02:00


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 […]

2020-12-8 23:00


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Coinbase Says It Brokered Microstrategy’s Influential $425 Million Bitcoin Buy

U. S. crypto exchange Coinbase said Tuesday that it brokered Microstrategy’s $425 million bitcoin purchase earlier this year. Until now, it has not been clear who facilitated the deal. Microstrategy’s first bitcoin (BTC) haul of $250 million bought in August was executed over five days, Coinbase revealed in a case study of the transactions.

2020-12-2 08:30


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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 […]

2020-11-16 23:00


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Ethereum Remains Weak So Long as Bulls Fail to Flip One Key Level

Ethereum’s price has been trapped below one crucial level throughout the past few days While it has been flashing signs of strength, buyers have not been able to shatter the selling pressure that exists at $450 This is a key level that ETH bulls have been struggling to break above throughout the past few days and weeks Until this level is firmly surmounted, the crypto may remain in a somewhat precarious position Buyers and sellers […]

2020-11-11 23:00


Filecoin (FIL) Gains Listing On 3 Major Crypto Exchanges; 542 Blocks Until Mainnet Launch

Filecoin (FIL), a decentralized file sharing platform, will launch its mainnet today amidst positive sentiments from the crypto community. In preparation for FIL's launch, two major crypto exchanges – Kraken and Winklevoss-backed Gemini – have announced the launch of deposits and withdrawals features for the token, a new trend in the crypto space.

2020-10-15 16:30


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Taking Out $12K Leaves “Clear Skies” For Bitcoin To Set New 2020 High

Bitcoin price is currently down nearly $400 from yesterday’s highs in a flash, after coming close once again to the $12,000 resistance level. According to a crypto analyst referencing on-chain analytics, once $12,000 is broken through cleanly by bulls, there’s “clear skies” above that until $16,500 – which they claim is just a minor “speed bump.

2020-10-13 18:00


Bitcoin Has Yet to Break Key Resistance Despite Strong Monthly Close

Bitcoin is currently posting a somewhat weak attempt to shatter the resistance laced throughout the upper-$10,000 region A break above here could open the gates for a move post $11,200, which would mark an end to its recent bout of sideways trading That being said, the crypto has yet to firmly climb above one key level that an analyst is closely watching Until it does so, the significance of this recent push higher remains somewhat […]

2020-10-2 02:00


Here’s the Key Support Bitcoin Must Defend to Avoid Serious Downside

Bitcoin has been struggling to garner any clear upwards momentum throughout the past several weeks This has degraded its technical strength, resulting in it seeing heightened selling pressure Analysts are growing somewhat cautious about the crypto’s near-term outlook Nonetheless, it is essential to note that it remains above multiple crucial levels As such, until these support levels throughout the lower-$11,000 region are broken, BTC may still be well-positioned to see further upside Bitcoin and the […]

2020-8-26 02:00


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Hester Peirce, AKA ‘Crypto Mom,’ Approved for SEC Commissioner Second Term

The United States Senate has approved Securities and Exchange (SEC) Commissioner Hester Peirce for her second term via a voice vote. Peirce will be Commissioner until 2025. Affectionately known in the industry circles as ‘Crypto Mom,’ Hester Peirce has won over cryptocurrency investors for her support of financial innovation.

2020-8-7 10:38


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Bitcoin’s “Reserve Risk” Indicator Suggests the Next Parabolic Cycle is Coming

Bitcoin’s prolonged bout of sideways trading isn’t showing any signs of letting up Its stability is proving to be extremely bullish for the aggregated crypto market, as many tokens have found themselves caught within firm uptrends Some speculate that it won’t be until these tokens start seeing slowing momentum that Bitcoin can run One technical indicator is suggesting that this may be the case and that BTC is currently building a strong base to make […]

2020-7-21 21:00


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Bitcoin soars, but what's causing a shadow on the breakout?

Bitcoin saw a positive reaction on the price charts, but social metrics underlined weakness. The high demand for Bitcoin in May could propel prices past the ATH soon. Bitcoin [BTC] saw an inThe post Bitcoin soars, but what's causing a shadow on the breakout? appeared first on AMBCrypto.

Bitcoin whales' buying frenzy - What it means for you and your holdings

Though whales have been buying, selling sentiment remains dominant in the market  Few metrics and indicators hinted at a price drop too Bitcoin [BTC] managed to reclaim $70k a few days ago,The post Bitcoin whales' buying frenzy - What it means for you and your holdings appeared first on AMBCrypto.

Bitcoin mining gets tougher - Good news for BTC's price or...

The rise in difficulty propelled a hike in daily miners' revenue A lot of miners cashed out their BTC, suggesting the coin's price might fall According to on-chain data from Glassnode, BitcoThe post Bitcoin mining gets tougher - Good news for BTC's price or... appeared first on AMBCrypto.

Bitcoin: Will a surge to $73K trigger the 'escape velocity' boom?

Bitcoin's current retracement is seen as a precursor to a potential major rally towards $73,000. Market metrics and analysis indicate strong foundations for BTC, despite a drop in active addresThe post Bitcoin: Will a surge to $73K trigger the 'escape velocity' boom? appeared first on AMBCrypto.

Bitcoin will see a price correction before crossing $70K - Here's why

Bitcoin’s price increased by over 5% in the last seven days.  Most metrics and indicators suggest a price correction.  Bitcoin [BTC] investors were sitting tightly as the king of cryptosThe post Bitcoin will see a price correction before crossing $70K - Here's why appeared first on AMBCrypto.

Bitcoin whales: Unusual activity raises these questions

Bitcoin whale activity saw an uptick, which usually does not occur during this part of the cycle. The realized price gradient oscillator showed bulls need to maintain their momentum.  BitcoThe post Bitcoin whales: Unusual activity raises these questions appeared first on AMBCrypto.