Pro traders don’t expect Bitcoin to break and hold $20,000 anytime soon

Bears have controlled BTC price by forcing 111 daily closes below $25,000 and derivatives data shows a reversal of this trend is highly unlikely.

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What Ethereum [ETH] traders can expect from Q4

Ethereum has been in the heat of discussion on social media following the release of the Merge last week. However, everything has not gone according to plan as ETH prices have dropped below $1,350.

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Bitcoin Struggles Within A Range, When To Expect A Breakout?

Bitcoin had previously succumbed to the bears and sank below the $20,000 mark for a considerable period of time. At press time however, the coin managed to rise above the $20,000 mark. Market conditions are still fragile and BTC can again fall below the $20,000 price level.

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Price analysis 7/1: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, LEO, SHIB

Traders expect Bitcoin to swoop below its swing low before the price flattens out and altcoins begin to recover.

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Bitcoin traders expect a ‘long consolidation’ phase now that BTC trades below $21K

Analysts say the entire crypto market is in for a very long consolidation and accumulation period following BTC’s current drop to 2017 highs.

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Bitcoin Stuck Below $34K Resistance, Support at $20K-$25K

Bitcoin (BTC) price action is stabilizing over the short-term, but expect a rise in volatility. There is strong resistance at the 50-day moving average, currently at $34K, although support at $20K-$25K could keep buyers active.

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Litecoin (LTC) breaks below crucial support – What to expect next

After days of trading sideways and showing very little appetite for trending upwards, Litecoin… The post Litecoin (LTC) breaks below crucial support – What to expect next appeared first on CoinJournal.

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Market Wrap: Bitcoin Stuck Below $30K as Buyers Remain on Sidelines

Bitcoin (BTC) is on track to end the month in red. The cryptocurrency declined by 3% over the past 24 hours, although some analysts expect brief stabilization.

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Falling wedge pattern points to eventual Ethereum price reversal, but traders expect more pain first

ETH dropped below a key support in its USD/BTC pair, but analysts say a bullish trading pattern could eventually spark a sharp trend reversal.

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Aave Below Its Long Term Support; What To Expect Now?

Aave has been on a downtrend since April amidst intense volatility in the market. Major altcoins have extended losses owing to a major sell off all across the cryptocurrency industry. Over the past week, the coin presented lower lows and displayed intense selling pressure.

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Ethereum (ETH) falls below $2500 – What to expect next

Ethereum (ETH) is now on a full downtrend. The coin has breached several crucial…

The post Ethereum (ETH) falls below $2500 – What to expect next appeared first on Coin Journal.

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Specialists Expect Bitcoin Back To $65K By End Of Year, Survey Finds

Bitcoin had a bearish weekly close, as the price dipped further below $40,000. The benchmark crypto has experienced low volatility in the past week, but the market could see more action as the monthly close approaches.

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AAVE: Here's what to expect from the token as it falls below crucial support zone

AAVE’s price action recently broke through its ascending support which was part of its megaphone pattern. The bearish performance was part of its correction after its March rally and it has so far rThe post AAVE: Here's what to expect from the token as it falls below crucial support zone appeared first on AMBCrypto.

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Poll Suggests Most People Expect Bitcoin Below $55,000 by End of 2021

There is a lot of optimism concerning Bitcoin for years to come. Despite this, many people still expect it to be worth less than $55,000 per coin by the end of the year 2021. A Twitter poll by the pseudonymous creator of Bitcoin’s stock-to-flow model ‘Plan B’ shows that most respondents (42.5% of 26,639) believe […]

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Bitcoin Price Briefly Dips Below $9K, But Traders Expect Solid Move If It Holds This Level

Bitcoin briefly dipped below $9,000 after bulls couldn’t hold the support level but were buying the dip indicating that bears do not currently have much vigor. This isn’t the first time Bitcoin has slid below $9,000 and revive in the same day.

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Why Top Traders Expect Bitcoin to Hit $13,000 Despite Short-Term Weakness

Bitcoin appears to be incredibly weak from a short-term perspective. After breaking below $9,000 for a short period earlier this week, the crypto is once again at risk of breaking below the lower boundary of its long-held trading range.

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Data Shows Recent Bitcoin Difficulty Adjustment May Kickstart New Accumulation Phase

Bitcoin is currently trading just below its most important resistance yet, gearing up for what most crypto analysts expect to be a major move. However, data suggests that sell pressure from miners adjusting to the newly reduced block rewards combined with quiet accumulation may be responsible for the recent sideways price action. Bitcoin Sideways Trading […]

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Why Analysts Expect Bitcoin to Plummet to $7,700 as Technical Strength Degrades

Bitcoin’s consolidation phase is showing few signs of letting up anytime soon. The benchmark crypto is still trading within the lower-$9,000 region, and the support just below its current price level appears to be significant.

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Bitcoin Will See a “Significant Retracement” If It Falls Under $8,600: Here’s Why

Analysts expect Bitcoin to see a “significant retracement” if the cryptocurrency falls below the crucial $8,600 support in the coming few days. Related Reading: The Ethereum Investment Case Has This Unexpected Achilles’ Heel Bitcoin Must Hold the Mid-$8,000s, Analysts Explain Bitcoin moving under $8,600 will spell disaster for the bull case, a top trader has shared.

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Bitcoin Forms a Decisive Top Formation as Momentum Falters; Analysts Expect Blood

Bitcoin has posted some mixed price action as of late, offering few insights into the strength of its current market structure Analysts do believe that the recent price action following its latest rejection at $10,000 struck a blow to its underlying strength This may be causing the benchmark crypto to form a clear top formation that suggests a violent downturn is imminent This weakness could also be compounded by the recent break below a key […]

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Why Analysts Expect a Deeper Drop After Bitcoin Just Crashed Below $9,000

After rallying 5% from the weekly lows, the Bitcoin bull trend has petered out once again. This weakness culminated in a drop below $9,000 just minutes ago, marking the lowest price BTC has traded at in approximately three days.

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Expect Three Months of This Says New Prime Minister While Confirming R is Below 1

Dominic Raab, the new British Prime Minister has stated they expect the peak to last three months even as new hospital admissions have fallen across the country and have dropped... The post Expect Three Months of This Says New Prime Minister While Confirming R is Below 1 appeared first on Trustnodes.

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Billionaire Bull Mike Novogratz Perfectly Explains Why He Believes 2020 Will Be Bitcoin’s Year

After hovering just below $6500 yesterday (March 22), the bears won the day as BTC price crumbled below $6,000. Bitcoin is trading at $5825. 42 at press time and some traders expect further correction as the coronavirus pandemic continues to wreak havoc in Europe and the United States.

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Crypto Startup CEO’s Dire Prediction: Bitcoin Below $3K, Internet Shutdown

The Bitcoin and cryptocurrency markets continue to shed billions as speculators in markets around the world exit en masse to cash. Some industry personalities expect markets to bounce hard as confusion calms.

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Bitcoin (BTC) Price Breaks Below $5,000 ? What Can We Expect Next?

Bitcoin is fluctuating in the $4,600 area and traders have so far been bearish as global markets remain deep in the red zone

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Bitcoin (BTC) Miners May Start Quitting, Expect Hash Rate to Drop: Crypto Manager

As Bitcoin is trading at $5,500 after climbing back from below $4,000, a crypto asset manager says that mining is becoming unprofitable and miners may start quitting

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Cryptocurrency Market Weekly update #8

According to our last weekly update: Bitcoin retested 9200$, price got rejected from there and reached below 7700$. Ethereum retested 250$, price got rejected from there and reached below 200$. Now, let’s discuss what to expect from this week.

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Bitcoin (BTC) Index Shows Reasonable Fear ? Expect Turbulence Up and Down

Now that Bitcoin has plunged below the $9,000 level, the BTC Fear & Greed Index is at 39 and a crypto trader is warning that turbulence on the market should be expected

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Bitcoin Analysts: King Coin Not Yet Ready for a Rally, Expect Further Drop Below $10,000

To say the least, Bitcoin’s price trajectory especially as noticed over recent weeks, has not exactly been encouraging for the bulls. There are many who have made significantly bullish forecasts in the past about where Bitcoin should already be, most of which have been disappointed so far.

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Bitcoin Price: You Should Be ‘Real Nervous’ if BTC Plunges This Far

Mike Novogratz maintains that even ordinary investors should invest 2-3 percent of their portfolios into cryptocurrencies. However, he warns that they should get “real nervous” if they observe the bitcoin price slide below a key level.

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Bitcoin Price Key-Level Collapse Won’t Hurt $42,000 December Run

The bitcoin price collapsed as low as $9,574 on Wednesday, sliding back below the psychological $10,000 barrier again. Traders have repeatedly failed to hold the $10k level suggesting that bears have taken hold of the market for now.

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Analyst: Bitcoin Miners Won’t Let BTC Drop Below $6,500

After shooting up from the lows of $4k to the highs of over $13k, Bitcoin went on a shortfall that saw its price drop to $9k. The top crypto is now on its way up again, albeit with some tough resistance at the $9,500 level.

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Crypto markets rattled, Bitcoin breaks below $10,000 as altcoins crash

Forty-year trading veteran Peter Brandt made the headlines earlier this month when he stated that a violation of the “parabolic phase” that started in December 2018 could ignite an 80 percent correction of the entire parabolic advance.

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Bitcoin’s volatility resurfaces after it taps the $9,000 mark; expect more bearish drops in the near future

Bitcoin has been recording massive dips ever since Bitcoin hit its year-to-date highs on June 26. It has been a downward spiral for Bitcoin since, slumping by a massive 30% in only 6 days. Joe McCann, trader and Founder of Node Source, tweeted his thoughts on Bitcoin’s recent slump below the $10,000-level.

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BTC, ETH, XRP Price Analysis — Bitcoin Is Below $11,000. Can the Top Coins Update Their Maximums?

The market is fixing its gained positions after a recent bull run. Our price analysis explains what levels to expect in the near future

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Bitcoin (BTC): escape attempt from winter to summer

The fall of Bitcoin below $ 7300 and a return to $ 8K again caused controversial reactions. Part of the traders expect the fall again to $ 7,100 and to open new long positions. Others say crypto winter is over.

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Analysts Expect Bitcoin to Drop Towards $7,300 After Failing to Stabilize Above $8,000

Bitcoin and the entire crypto markets incurred some volatility over the weekend that allowed BTC to climb to highs of nearly $8,300 yesterday before quickly reeling back down to below $8,000. Today’s drop further confirms that Bitcoin isn’t quite ready to stabilize within the $8,000 region and may signal that a further pullback to $7,300.

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VeChain Price Risks Dropping Below $0.007 as Bears Won’t Relent

In the altcoin industry, there will always be mixed momentum over the course of a weekend. As the weekend is a notoriously bearish period, one would come to expect some altcoins to lose value regardless of where Bitcoin is headed.

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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections.

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Bitcoin (BTC) Breaks Below 4,000 as Analysts Expect Continued Near-Term Weakness

After trading within an incredibly tight trading range in between $4,000 and $4,100 for an extended period of time, Bitcoin (BTC) has now broken downwards below its previously established support level at the important psychological level of $4,000.

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Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume.

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Bitcoin Price Analysis: Could Three Times Be the Charm for This Resistance Level?

Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation.

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Why do XRP Fans Expect it to be worth more and why is it Below Expectation?

There has been a controversy in the cryptocurrency community on why XRP should be worth more. Earlier this year, a Twitter poll indicated 80% nearly 9000 participants would rather have XRP as second largest cryptocurrency than Ethereum.

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Ripple (XRP) Underperforming In a High-Octane Market, is it Undervalued?

Ripple price in an uptrend, trading below 34 cents Regulatory clarity will clear the air catalyzing adoption Average transaction volumes are high, doubles in last month Even though Ripple related news is scarce, increasing participation levels point to an accumulation.

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Bitcoin Price Analysis: Short-Term Support Breaks on High Volume and Spread

Leading into the London open, bitcoin broke through its local support level in a move that seems to be hinting toward a downward continuation:Figure 1: BTC-USD, Daily Candles, Broken Local SupportSo far, our daily candle has yet to close, but it is currently on schedule to close below local support.

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Bitcoin Price Analysis: After Sudden Upswing, Bitcoin Price Drifts Downward

Last week, we saw a violent move to the upside as bitcoin rallied 11% over the course of one day. Since peaking in the upper $3,600s, bitcoin has seen close to zero bullish follow-through, and the price has begun to drift downward over the course of the last week:Figure 1: BTC-USD, Hourly Candles, Downward DriftDownward-drifting markets like this can often be a sign that distribution is taking place.

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Simply ‘Logical’ for Every Big Macro Fund to Hold 1% in Bitcoin: US Billionaire Investor

In the last 48 hours, the Bitcoin price recovered beyond the crucial $3,500 support level and avoided a further drop below $3,000. The valuation of the cryptocurrency market increased from $110 billion to $120 billion, by just over $10 billion.

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Why Bitcoin’s Forecast is Finally Turning Bullish, Expect a Bitcoin Price Rise

The price of bitcoin is still hovering below the $3,500 mark and volatility seems to be dying fast. Is it strange, then, that SFOX‘ report (a cryptocurrency prime dealer for large-scale investors) places the Crypto market at ‘mildly bullish’ entering February? This is a couple of notches up from its ‘mildly bearish’ tag last month.

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Tron Price Analysis: TRX Up, Expect More Pumps Before Feb 11

Tron prices picking up, up 3. 7 percent in last day Binance CEO is confident; the exchange can weather all market conditions Transactional volumes below average; should increase as TRX demand swell Following a successful ICO, it was projected that TRX prices would expand as users flock to the coin because of BTT airdrop.

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