Bitcoin’s recent gains have traders calling a bottom, but various metrics remain bearish

The total crypto market capitalization recovered roughly 5%, but a variety of trading metrics show investors are skeptical about the rally being a trend change.

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Time For Autopsy? Bitcoin May Plunge Further After Dive Below $30k

The next bull market in Bitcoin is now building a bottom. As a result, bears continue to rule the market, sending the price of bitcoin below $29,000 in the last 24 hours. Traders expecting the bear market to conclude may have to wait longer due to unfavorable conditions.

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XRP, GALA, and Shiba Inu Price Analysis: 14 May

BTC/USD Long positions on Bitfinex skyrocketed in the past couple of days and encouraged traders to believe that the local bottom was in for Bitcoin. BTC did indeed bounce from $28.8k to $30.8k but feThe post XRP, GALA, and Shiba Inu Price Analysis: 14 May appeared first on AMBCrypto.

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Bitcoin halving analysis hints at $24K bottom before the end of 2022

Traders say BTC’s current price action aligns with the Bitcoin halving model, leading some analysts to expect a $24,000 bottom before the end of the year.

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Bitcoin traders say $34K was the bottom, but data says it’s too early to tell

Bitcoin traders say the bottom is in, but it’s important to also consider BTC’s correlation to equities markets.

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Analysts say Bitcoin 'bottom is in’ as BTC bounces back to $38,000

Bitcoin price retests a major support/resistance zone at $38,000 as technical analysts and traders suggest that “the bottom is in.”

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Bottom Signals: Bitcoin Spot Volume Soars As Prices Become Attractive Again

Data shows the Bitcoin spot trading volume has soared in the past week as prices have become attractive for traders again. Bitcoin Trading Volume Sharply Rose Following The Price Crash As per the latest weekly report from Arcane Research, the BTC spot volume has observed a large increase over the last week. The “trading volume” […]

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Top or bottom? Traders at odds over whether Bitcoin will keep rising

$44,000 remains a focus overnight, but clear direction evades Bitcoin markets, and participants are nervous.

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$38,000 Could Be Bitcoin’s New Bottom As Sentiments Turn To Extreme Fear

Bitcoin traders think that a drop to $38,000 will set off a small rally for the asset. The loss of value is one of Bitcoin’s worst start in a calendar year. Reasons for the slump have been attributed to the Fed’s proposed policy.

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Where to buy Quant (QNT) coin: it is prepping to bounce back

After four months of free fall, Quant (QNT) coin has finally found the bottom and it is has started rising again. To help investors and traders who are eyeing to buy and hold the Quant coin, Invezz has created a brief article to help with identifying the best places to buy it.

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Here’s why Bitcoin traders say a drop to $38K is the worst case scenario

BTC’s drop to $42,230 sent a key sentiment indicator to an “extreme” low, but top traders are confident that a bounce off $38,000 would confirm the bottom.

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XRP traders can long here to make the best out of its near-term price action

XRP is at risk of an ascending channel breakdown following an impeding fourth assault at the bottom trendline. A close below 10 November's swing low of $1.12 would confirm a breakdown and carve a pathThe post XRP traders can long here to make the best out of its near-term price action appeared first on AMBCrypto.

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3 reasons why traders think Bitcoin price bottomed at $29,500

Bitcoin’s bounce above $32,000 boosted the mood among traders who believe the bottom is in, but some analysts caution that heavy resistance blocks the road to new highs.

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Retail Traders Pile On Shorts, Is This The Bitcoin Bottom?

Bitcoin has recently fallen below a $32,000 critical hold point and in response, retail investors have taken this as an opportunity to make money from the falling bitcoin price. So far, retail investors have started loading up on shorts, an incredibly bearish metric for the market.

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Backwardation in Bitcoin futures contracts shows pro investors lack confidence

BTC traders are still searching for a bottom, but derivatives metrics show sentiment is negative and even the rally to $40,000 had little impact.

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Why the 25% drop was the bottom for Bitcoin

The ongoing Bitcoin price rally has most traders stopping and staring at their portfolios, refreshing their windows every few minutes to capture the unrealized profit/loss. Understandably, the thrill The post Why the 25% drop was the bottom for Bitcoin appeared first on AMBCrypto.

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Did Bitcoin just bottom? BTC reclaims $19K as new rally gains steam

Bitcoin surpassed $19,000 after bottoming out at $17,600 as traders anticipate a broader BTC rally.

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Why Bitcoin traders pinpoint $17,000 as the next logical bottom

The Bitcoin price has been declining throughout the past four days.

The post Why Bitcoin traders pinpoint $17,000 as the next logical bottom appeared first on CryptoSlate.

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Did Ethereum just bottom vs. Bitcoin? This is the last big hurdle before $600

Traders should be cautious as ETH price is facing big resistance alongside rising Bitcoin dominance.

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Scarily Accurate Analyst Thinks Bitcoin Will Hold $10,000, Triggering Strong Growth

Bitcoin has flirted with falling under $10,000 multiple times over the past week. If you take a look at BTC’s recent price action, you will see a series of bottom wicks just below $10,000. This shows that Bitcoin traders do not want the leading cryptocurrency to trade under that pivotal support level. By NewsBTC’s count, […]

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The Market Factor That Predicted Bitcoin’s $8,000 Halving Bottom Is Back Again

After rallying from $8,800 to $9,300, the Bitcoin bull has lost strength over the past few hours, with BTC recently dipping below $9,000 for the first time in days. Some traders have said that this is a precursor to an even greater retracement for the cryptocurrency market.

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Most Traders Expect Bitcoin Price To Hit $7,600 Than Drop To $6,400

Bitcoin recovery continues this week with the virtual asset’s value rising steadily, crossing the critical $7,000 resistance level. The top cryptocurrency is now trading above $7,200, which is close to 100% rise from its recent bottom of $3,800 recorded on the March 12 collapse.

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Bitcoin (BTC) Price Next Bull Run: Explained by Willy Woo

While traders are trying to guess whether the Bitcoin (BTC) price has reached the bottom, some analysts are making predictions about the nature of the next bullish cycle

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The number of people wishing to buy bitcoin has doubled

It is no secret that many traders use the fall of the market to buy assets cheaply. Among experienced traders, there is the concept of “buy bottom”, which has become very relevant in recent weeks. Especially judging by the statistics of Google Trends.

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Market Bottom or Not, Bitcoin and Stock Volatility Likely to Persist [Opinion]

The unprecedented swings in the stock market through last week left traders jittery. With a $2 trillion swing to the upside on Friday, the week was the most volatile in market history. [Bloomberg] Many pundits and traders called this the ‘bottom’ of the coronavirus scare.

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Bitcoin (BTC) Price Bottom Might Be Already In. Trader Explains Why

Traders are divided about where the Bitcoin (BTC) price is going next, but one of them is convinced that the bottom might be in

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Edward Snowden ‘Felt Like Buying Bitcoin’ While Traders Hunt for the Market Bottom

Following three consecutive days of losses shedding $50 billion off the cryptoconomy, digital currency markets lost another $44 billion in a matter of hours on March 12. Not only did ‘Black Thursday’ wreck traditional markets, but gold and bitcoin felt the brunt as well.

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This Odd Factor Suggests Bitcoin’s Bull Case is Rapidly Building After 20% Drop

After Bitcoin started to tank earlier this week, analysts have been wondering at which point the cryptocurrency will bottom. While traders across the board are divided about the exact answer to this pressing question, there is a rapidly-building case that BTC will soon start to trend higher once again after the nearly 20% drop it...

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Buying $1K of Bitcoin at the 2018 Bottom Would’ve Made You This Rich

Bitcoin and other crypto-assets are both loved and loathed by traders for their epic volatility. While many have lost everything from it, others have made a fortune by getting in at the right time. So, how much would you have made if you invested $1,000 in BTC during the 2018 bottom? That Momentous Bitcoin Bottom Bitcoin has had an amazing start to 2020, up 44% since its yearly open price. So far, it has outperformedRead More

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Bitcoin Price Breaks Out of Downtrend, But Gets Rejected at $8700 Resistance

Bitcoin price has been on an absolute tear over the last 24 hours, rallying from lows around $8,000 to as high now as $8700, giving bullish crypto traders confidence that a near-term bottom is in, and more upside could be in the days ahead.

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Bitcoin 2020: The Bottom is In and Prices are About to Surge, Several Analysts Claim

Bitcoin corrected by over 50% from the 2019 high of $13,880. The crypto has turned bullish in 2020 according to popular traders. The post Bitcoin 2020: The Bottom is In and Prices are About to Surge, Several Analysts Claim appeared first on CCN.com

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Bitcoin Price Falls Below $7,000, Another Retest of Lows Ahead?

After Bitcoin price swept lows right before the Christmas holiday, many crypto traders thought that the bottom was in across the crypto market, and Bitcoin would head into the New Year with renewed bullish momentum.

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Are Crypto Traders Becoming Less Confident The Bottom Is In?

A fall in an important Bitcoin-related metric with ties to overall crypto market sentiment over the past couple of weeks, suggests that recent price action across the crypto market has traders and investors increasingly fearing that the bottom isn’t in for Bitcoin, and may be adjusting their expectations and preparing positions in anticipation of the... The post appeared first on NewsBTC.

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Bitcoin Price Holds Above $7.1K as Trader Eyes Q1 2020 Bottom Forming

Bitcoin traders forecast a slow downtrend into 2020 as markets stay steady

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Top-5 Cryptos This Week: HT, BTC, TRX, NEO, LEO

Altcoins continue to post incremental gains and traders are watching to see if Bitcoin can form a double bottom reversal pattern by rising above $7,900

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A Generational Bottom May Be in For Bitcoin at $6,500 as Traders Expect Big Rally

Bitcoin's price strongly recovered after testing the $6,400 support level. Following a $1,000 increase, a “generational bottom” could be in. The post A Generational Bottom May Be in For Bitcoin at $6,500 as Traders Expect Big Rally appeared first on CCN.com

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Bitcoin Surges to $7,200 By 11% In Massive 1 Day Reversal, As Traders Consider Bottom

Bitcoin price has been in a steady downtrend over the last few months, however, after a sweep of local lows earlier today, Bitcoin has absolutely exploded into what may end up being a short-term trend reversal, in a massive push by bulls above $7,200.

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Price Analysis Dec 18: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XTZ, XLM

Traders should prepare their buy list as it appears that the crypto market will bottom out soon

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Bitcoin Shows Same Buy Signal Seen at 2018 Bottom of $3,150

With Bitcoin collapsing by 5% in the past days, moving from $7,150 to $6,750 as of the time of writing this, traders have once again flipped decidedly bearish on cryptocurrencies. Related Reading: Could Post Crypto Bubble Bitcoin Follow Dot Com Crash NASDAQ Chart? They fear that this latest move under the key support of $7,000.

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Analyst that called Bitcoin’s drop to $3,000 in 2018 says the “bottom could be in”

On Nov 25. , the price of Bitcoin fell off a proverbial cliff, tanking from $7,000 to $6,500 in a move that shocked traders the industry over. Since then, the cryptocurrency market has stabilized, with BTC, for instance, now finding itself nearly 15 percent higher than it was at the lows of that one fateful day.

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Bitcoin Analyst Whose Indicator Called $3,150 Bottom Predicts 30% Drop Possible

If you’ve followed the Bitcoin and cryptocurrency technical analysis space, you likely know of the TD Sequential. The indicator, created by Point 72 consultant and well-known investor Tom DeMark (hence TD Sequential), has long been a staple of the trading suites of many investors, giving these traders a way through which they can determine where.

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Price Analysis 02/12: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX

Bitcoin price is still weak but if traders believe that $6,500 was the bottom then altcoins could begin to rally higher

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Short-Term Bottom for Bitcoin is Most Likely to be at $6,400

Cryptocurrency traders say that $6,400 has the greatest probability of becoming the short-term bottom for Bitcoin.

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Ripple (XRP) May Have Finally Bottomed: Trader Peter Brandt

Ripple has been in a brutal downtrend for nearly two years. Trader Peter Brandt predicts that the cryptocurrency will bottom out as soon as it completes the diamond pattern. Other traders are bullish on XRP as the cryptocurrency posts a solid rally to take out the resistance level mentioned by Brandt.

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Bitcoin fails to recover as weekly volume on BitMEX drops 72% in 3 months, traders bearish

The Bitcoin price has failed to push above a relatively low resistance level at $8,374, making a bigger pullback into the mid-$7,000 region more likely. According to Arca’s chief investment officer Jeff Dorman, the current state of the cryptocurrency market, given the low volume of bitcoin, incentivizes traders to short bitcoin until bottom levels are […] The post Bitcoin fails to recover as weekly volume on BitMEX drops 72% in 3 months, traders bearish appeared first on CryptoSlate.

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LINK Price Is Going Through Correction: Traders Expect $2.1 Level Before Another Spike

Will LINK price reach the bottom before another spike? Read LINK price predictions from TradingView and check the technical analysis

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Bitcoin Price Might Drop Before Pop: Traders Explain Risks And Opportunities

Bitcoin price is preparing to hit one more bottom. What?s next? Possible scenarios discussed in BTC price prediction from TradingView

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BTC Price Is Heading to $6K Region? Traders Expect The Bottom In October

What to expect from BTC price in October? Here?s what traders think: read BTC price prediction from TradingView

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More Downside in Bitcoin Before Conservative Buying Opportunity, Say Analysts

Bitcoin appears to be looking at a little more downside before it becomes a reasonable buy again, according to a pair of crypto industry commentators. Having recently rebounded from what most traders are considering the ultimate bottom of the 2018 bear market, we could be looking at a further drop then sideways trading for a.

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