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Former Bitcoin Critic Now Says Bitcoin Is Critical For Every Investment Portfolio – Here’s Why

Portfolio strategist and co-head of research at Bernstein Research, Inigo Fraser Jenkins has finally changed his mind about Bitcoin’s worth after two years of criticism. Jenkins, who once said that Bitcoin had no place in any investment portfolio has revised his view and declared that every investor should consider adding Bitcoin to their portfolios. “I […] дальше »

2020-12-3 11:27

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Why This Trader Will Be Bullish as Long as Bitcoin Holds $17,800

Bitcoin has begun to show signs of weakness after a strong drop last week The coin currently trades for $19,000, below the $19,900 year-to-date highs but above the $18,200 local lows Some think Bitcoin remains in a bull trend as long as it holds the $17,800 region One analyst pointed to this region as a level of key technical importance due to the confluence around that region Bitcoin Must Hold the $17,800 Region Bitcoin has […] дальше »

2020-12-3 04:17

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Analyst: Bitcoin is Forming a Grave Bearish Divergence on Its Macro Chart

Bitcoin has been struggling to hold above $19,000 following its latest rejection around its all-time highs The selling pressure at this level has proven to be quite intense, and it remains unclear as to when bulls will be able to surmount it For this region to be broken, Bitcoin’s buyers will first have to show some greater signs of strength, as they are currently struggling to hold the crypto above $19,000 A continued bout of […] дальше »

2020-12-3 02:00

Things “Could Get Ugly” for Bitcoin if It Closes Below This Key Level

It has been a volatile past few days for Bitcoin and the entire crypto market, with the benchmark cryptocurrency’s bulls ardently trying to remain in control of it It has seen multiple sustained dips below $19,000, but each one is bought into aggressively and quickly reversed There is one crucial level being watched by a prominent analyst that could hold some heavy influence over the crypto’s price action He notes that a close below this […] дальше »

2020-12-3 21:00

The Most Profitable Buy Signal In Bitcoin Is About To Trigger Despite Distance From ATH

Bitcoin price this week set a new all-time high price record, taking the leading cryptocurrency by market cap to right below $20,000 before a minor pullback began. And while there is always a possibility that the asset could see a stronger correction given how overheated it is and how profitable the year of 2020 has been, one indicator is pointing to significant upside from here instead. дальше »

2020-12-2 18:00

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Here’s How Bitcoin Could Spark a Massive Move Higher for Smaller Altcoins

Bitcoin has seen some wild price action throughout the past few days and weeks, with the selling pressure seen at its all-time highs sparking multiple rejections Neither of the rejections seen at this level have done much to change the crypto’s trend, as it continues pushing higher each time Where the entire market trends next will depend largely on whether or not BTC can stabilize within the lower-$19,000 region Each visit to its highs degrades […] дальше »

2020-12-2 02:00

Bitcoin Faces Harsh Rejection as Analysts Eye Potential Consolidation Phase

Bitcoin faced an incredibly harsh rejection earlier this morning that caused its price to plummet This came about directly following another test of the cryptocurrency’s all-time high, which was broken and tested on multiple occasions over the past day The resistance here is still significant and should not be overlooked Whether or not this level can be flipped into support anytime soon will offer serious insights into the entire market’s near-term outlook One trader is […] дальше »

2020-12-2 21:00

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Bitcoin is About to Post the Highest Monthly Candle Close Ever as Bulls Roar

Bitcoin is currently caught within the throes of an intense uptrend, with bears being unable to slow its ascent The strength of this uptrend has been quite intense, and seems to indicate that significantly further upside could be imminent The lower and mid-$19,000 region does hold some intense resistance for the cryptocurrency, and another rejection here could strike a heavy blow to bulls That said, the macro strength seen by BTC indicates that a move […] дальше »

2020-12-1 02:00

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It’s a “Do or Die” Moment for Bitcoin as Bulls Send it to Critical Resistance

Bitcoin is seeing some immense momentum at the moment, with bulls sparking a strong upswing that is showing no signs of slowing down This came about following the massive downwards movement seen late-last week after the cryptocurrency tested its $19,500 all-time highs The rejection here showed that bears would ardently try to defend this level, but it remains unclear as to where it might trend in the mid-term If it does break above these highs, […] дальше »

2020-12-1 21:00

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Here’s the Bitcoin Price that “All the Key Levels” are Currently Pointing To

Bitcoin and the aggregated cryptocurrency market are currently pushing higher, with bulls moving to erase all of the losses that came about as a result of the recent selloff The selling pressure seen around its all-time highs in the mid-$19,000 region was unsurprising, but it may not hold strong during the next test of this level Traders believe that today’s rebound may not last for too much longer, with the selling pressure in the lower-$18,000 […] дальше »

2020-11-30 01:00

Bitcoin Claims Crucial Level, But Break Below It Could Lead to $16,000

Bitcoin has been caught within a strong uptrend in the time following its recent selloff, with bulls largely absorbing the inflows of selling pressure After reeling down to lows of $16,400, the cryptocurrency faced a massive rebound that has now led it past $18,000 Its present momentum is showing few signs of slowing down, and there’s a strong possibility that further upside is imminent in the near-term One trader is noting that it is now […] дальше »

2020-11-30 20:00

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Analyst Who Predicted Bitcoin’s 2018 Lows Says Another Drop Is Likely

Bitcoin has undergone a strong drop since the highs of $19,500 seen last week A historically accurate analyst says that further losses are likely for the cryptocurrency The analyst shared a chart showing that Bitcoin is likely in the midst of trading in a dead cat bounce prior to further losses He cited the Elliot Wave form of technical analysis, which predicts that markets move in predictable waves. дальше »

2020-11-29 02:59

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Bitcoin Could Be Mirroring This Extremely Bullish Gold Fractal from the 1970s

Bitcoin is currently caught within a strong upswing following its recent selloff Bulls are pushing the crypto towards $18,000 as they move to erase its recent losses Where it trends next will depend largely on how sustainable this ongoing move higher is One investor is now noting that a gold fractal from the 1970s seems to indicate that this selloff could be followed by a powerful push higher in the days and weeks ahead Bitcoin […] дальше »

2020-11-29 01:00