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The Grayscale Bitcoin Trust May Be Signaling BTC has Formed a Long-Term Bottom
Bitcoin has been consolidating between $9,000 and $10,000 for the past several days and weeks, struggling to garner any clear trend The crypto has expressed some overt weakness in recent times due to its propensity to trade near the lower boundary of this range Buyers have been ardently defending against a drop below $9,000 One trend seen while looking towards the publicly traded Grayscale Bitcoin Trust seems to indicate that the cryptocurrency could be forming […] дальше »
2020-7-2 02:00 | |
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Bitcoin Continues Closing Below a Crucial Level, Boosting Bears
Bitcoin has remained caught firmly within its long-held consolidation phase, with both its buyers and sellers being unable to catalyze any sharp momentum in either direction It is important to note that unlike weeks past, BTC is now consolidating just above its crucial support level at $9,000 This seems to be a sign of overt weakness, and could hurt buyers should the crypto begin inching lower Analysts are now noting that Bitcoin has been consecutively […] дальше »
2020-7-2 21:00 | |
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Crucial Factors to Consider Before Bitcoin Closes Its Monthly Candle
June has been a rather uninteresting month for Bitcoin. The cryptocurrency largely ranged between $9,000 and $10,000, with each break above or below this range being fleeting. One interesting trend seen throughout the past four weeks has been BTC’s propensity to set lower highs, as it has been slowly grinding down to the lower end […] дальше »
2020-7-1 00:00 | |
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Ethereum Could Soon Plummet 20% Against BTC; Here’s Why
Ethereum has been woefully underperforming Bitcoin over the past few days, with the cryptocurrency’s USD pair fast approaching a crucial “last-ditch” support level could catalyze a massive downtrend – should it be broken below. дальше »
2020-6-30 04:00 | |
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Ethereum Struggles to Flip Crucial Trendline as Analysts Eye Move to $120
Ethereum’s price has been sliding lower over the past several days Despite Bitcoin being able to maintain above the lower boundary of its long-held trading range, ETH is now trading firmly below the range it formed over the past several weeks This points to some underlying weakness amongst its buyers which comes as it nears its crucial $220 support level It also just confirmed a “death cross” formation that hasn’t been seen since March. This […] дальше »
2020-6-30 23:00 | |
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This Trend on Bitfinex Puts Ethereum in a Precarious Position Compared to Bitcoin
Ethereum and Bitcoin have been seeing mixed price action in recent times The weakness seen by these two cryptocurrencies has been mounting over the past few days BTC is struggling to hold above $9,000 as Ethereum trades below its long-established trading range One trend that could have grave impacts for ETH in the near-term is the number of tokens being moved into exchanges – and particularly into Bitfinex This comes as the crypto finds itself […] дальше »
2020-6-29 22:00 | |
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The Last Time There Was This Much Dormant Bitcoin, It Rallied to $20,000
Bitcoin has been facing some intense weakness over the past couple of days The benchmark digital asset’s buyers and sellers have been locked within an intense battle around $9,000, with bears ardently attempting to hold it below this crucial support Although this doesn’t bode well for its near-term outlook, its macro outlook remains strong One fundamental metric just reached levels not seen since just before the intense 2017 rally up to $20,000 If history rhymes, […] дальше »
2020-6-29 19:00 | |
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Ethereum Could Dive Below $225 Unless It Surges Past $235
Ethereum is currently correcting losses from the $228 low against the US Dollar. ETH must climb above the $235 resistance to start a fresh increase in the near term. Ethereum is facing a couple of important hurdles near $235 and the 100 hourly simple moving average. дальше »
2020-6-26 11:28 | |
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These 3 On-Chain Levels Will Provide Bitcoin With Support as Price Crashes
Bitcoin’s strength didn’t last for long. After attempting to run past the resistance around $10,000 on Monday, the cryptocurrency strongly reversed. On Wednesday, BTC fell as low as $8,950 — almost 9% below the week’s highs. дальше »
2020-6-26 04:00 | |
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BItcoin Breaking Below $8,500 Will Make This Summer “Long” For Holders
it’s hasn’t been a pretty past 24 hours for Bitcoin investors. The cryptocurrency has exhibited a strong reversal after hitting $9,800 on Monday. As of the time of this article’s writing, BTC trades for $9,200, $600 shy from the peak. дальше »
2020-6-25 15:00 | |
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Bitcoin Needs Just 1% Institutional Allocation For A Blast Off To $50,000: Research
After zipping past $9,600 yesterday, the bitcoin bulls seem to have run out of steam as the crypto has dipped to $9,383. 44 at press time. This means that BTC remains stuck within its macro trading range below the psychologically important $10,000 level. дальше »
2020-6-25 15:17 | |
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Ethereum’s Reaction to This Crucial Support Level Will Determine its Fate in 2020
Ethereum has seen some lackluster price action in recent times, largely facing sideways trading similar to that incurred by Bitcoin and the entire crypto market It has posted some signs of weakness throughout the past several hours due to it dipping below its well-established trading range This has led it down to what analysts are describing as a “crucial level,” and its reaction here could determine its fate in the months ahead One venture capitalist […] дальше »
2020-6-21 22:00 | |
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Here’s the Critical Price Level That May Kick Off Ethereum’s Next Bear Trend
Ethereum investors have gained little insight into the cryptocurrency’s trend over the past few weeks Despite being stuck within a wide trading range, it is important to note that ETH has been hovering just above the lower boundary of this range over the past few days This has marked an underperformance of Bitcoin and many of its other peers, but an overnight dip below this level was quickly absorbed by buyers Analysts are still forecasting […] дальше »
2020-6-20 23:00 | |
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“Cracks” Are Forming In Bitcoin’s Uptrend, Yet Investors Aren’t Worried of a Drop
For the umpteenth time in weeks, Bitcoin has bounced after almost breaking below the trading range of the past eight weeks. As of the time of this article’s writing, the leading cryptocurrency trades at $9,500. дальше »
2020-6-17 13:00 | |
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Here are the Simple Reasons Why Bitcoin May Soon Explode Past $10,500
After a brief break below $9,000 earlier this week, Bitcoin has been able to post a strong rebound from these lows, now navigating back up towards $9,600 This climb seen throughout yesterday is certainly positive for bulls, as it points to underlying strength amongst BTC’s buyers Analysts are now laying out a few simple reasons for why this recent price action could mark an accumulation pattern If this pattern plays out, then BTC is bound […] дальше »
2020-6-17 21:00 | |
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Bitcoin Cash short-term Price Analysis; 10 June
Bitcoin Cash appeared to have been trapped below the $260-region for the past couple of weeks. Several pullbacks prevented any significant upside break. BCH may have to wait for a bullish revival. дальше »
2020-6-10 15:00 | |
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3 Macro Factors Show Why Bitcoin Is Poised to Erupt Past $10,500: Analyst
The recent price action has made it easy for investors to flip bearish for Bitcoin for the time being, but a top analyst recently shared that he remains macro bullish on the cryptocurrency. Backing his optimism, he shared the chart below, along with three macro factors showing that Bitcoin is likely still embroiled in a macro uptrend. дальше »
2020-6-10 15:00 | |
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For Bitcoin, a local top may be incoming
Despite many attempts to breach the psychological resistance at $10,000, Bitcoin was still trading below the mark, at $9,695, at the time of writing, after slipping by 0. 24% over the past 24-hours. дальше »
2020-6-9 14:30 | |
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Bitcoin at Grave Risk of Cratering to $7,400 as it Taps Multi-Month Trendline
Bitcoin is flashing some signs of weakness as it navigates towards the lower boundary of a trading range that has been firmly established over the past couple of weeks The crypto’s current weakness comes after a failed attempt by buyers to propel it towards $10,000 This decline has also led BTC down to a multi-month ascending trendline that has been guiding its price higher If it breaks below this level, analysts warn that it could […] дальше »
2020-6-8 22:00 | |
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Here’s Why Bitcoin’s Outlook Remains Bleak as Long as It Trades Below $10,500
Bitcoin saw a sharp and unexpected rally past $10,000 yesterday that caught sellers off guard This movement allowed the benchmark crypto to rally to highs of $10,400 before it lost its momentum and declined back to the lower five-figure price region The cryptocurrency now appears to be trading at a pivotal point, and analysts are noting that it could still see further downside in the days and weeks ahead There is one level that, if […] дальше »
2020-6-3 21:00 | |
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Bitcoin Miner Manufacturer Canaan Stocks Crashing after 180-Day Lock-Up Period Expires
In the past two weeks, the price of Canaan (CAN) stocks have plunged 50%, from 5.97 on May 14th to $3. Yesterday, prices even fell below $3 briefly. The Chinese bitcoin mining firm is yet again having a rough time but unlike the 65% decline in March which was the result of massive sell-off in […] дальше »
2020-5-29 19:11 | |
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Bitcoin unlikely to stay above $9300
After consolidating for a short period below $9000, Bitcoin has been able to breach above the range over the past 24-hours, and at the time of writing this article, the asset closing on a position aboThe post Bitcoin unlikely to stay above $9300 appeared first on AMBCrypto. дальше »
2020-5-28 17:10 | |
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Bitcoin at Risk of Collapsing to $7,000 as Selling Pressure Ramps Up
Bitcoin has been finding some slight support at $8,800 throughout the past day, but the buying pressure here appears to be quickly degrading The crypto is also on the cusp of breaking below a technical formation that could spark some serious downside If it bears are able to shatter the slight support that has been established at $8,800, the cryptocurrency could then see a sharp move that sends it rapidly reeling down to the $7,000 […] дальше »
2020-5-27 02:00 | |
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Bitcoin Cash's breach of neckline could drive its value below $200
Bitcoin Cash's price appeared to have stagnated below the $240-level for the past couple of weeks. Despite a consistent upward price action, its price has lost the necessary momentum to recover the loThe post Bitcoin Cash's breach of neckline could drive its value below $200 appeared first on AMBCrypto. дальше »
2020-5-25 20:00 | |
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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. дальше »
2020-5-25 01:00 | |
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On-chain metrics spell trouble as Bitcoin dips below $9,000
The past 24 hours have been characterized by fear, uncertainty, and doubt in the cryptocurrency market. The post On-chain metrics spell trouble as Bitcoin dips below $9,000 appeared first on CryptoSlate. дальше »
2020-5-22 19:29 | |
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$25 Million in BitMEX Longs Wiped Out as Bitcoin Crashes Below $9,000
Just days ago, traders were expecting for Bitcoin to break past $10,000. Now, the cryptocurrency is trading at $9,000 flat, plunging as bulls fail to maintain the momentum after nearly eight weeks of gains. дальше »
2020-5-21 18:20 | |
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Bitcoin’s Uptrend Could End if It Stays Below $10,000; Here’s Why
Bitcoin’s overnight swing to highs of over $9,900 has led the cryptocurrency to enter a firm bout of sideways trading that has persisted throughout the past day. The cryptocurrency’s market structure has been bolstered by its ability to find some stability in the mid-$9,000 region despite the multiple rejections it has faced at $10,000. Analysts... дальше »
2020-5-19 04:00 | |
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Why Bitcoin Breaking Past $9,000 Is Just the Start of a Booming Bull Trend
Since falling as low as $8,180 on Monday, the day of the halving, Bitcoin has mounted a strong comeback. The comeback culminated in a surge past the key $9,000 resistance on Wednesday, seen on the right-hand side of the chart below. дальше »
2020-5-14 22:32 | |
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These 3 Coins Have Broken Out Above Crucial Moving Averages
Over the past five days, Ziliqa (ZIL) has increased by 50%. This upward move began as soon as the price moved above its 200-day moving average (MA). The 200-day MA often acts as support/resistance, depending on if the price is trading above or below it. дальше »
2020-5-14 22:15 | |
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Despite Bitcoin Halving, Analyst Charts That BCH Will Drop Below $100
After an extremely strong rally of over 100% from the March lows, Bitcoin Cash and the rest of the crypto market have started to reverse over the past few days. BCH in and of itself has shed approximately 15% from its highs, crushed as sellers take over the market. дальше »
2020-5-12 04:10 | |
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Bitcoin's price swaggers towards halving as LINK, DCR mirror surge
Over the course of the past few days, Bitcoin has been teasing the coveted $10k mark, briefly crossing it before choosing to settle just below it. However, unlike the king coin's previous bull ralliesThe post Bitcoin's price swaggers towards halving as LINK, DCR mirror surge appeared first on AMBCrypto. дальше »
2020-5-9 13:30 | |
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Bitcoin Just Surged Past $9k: Here’s Why Analysts Think More Upside Is Imminent
After trading below $9,000 ever since the blow-off top on Wednesday, Bitcoin has been subject to a strong recovery over the past couple of days, culminating in a breakout seen this past hour. The cryptocurrency, as of the time of this article’s writing, is trading for $9,150 — more than 9% higher than the post-rally... дальше »
2020-5-3 07:00 | |
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Ethereum’s Aggressive Bids are Dissolving as Buyers Grow Weak
Ethereum has seen a slight rejection from its recent highs in the time following its decline from just below $200 Analysts are noting that there are multiple separate technical factors that point to an imminent breakdown One such factor is a major decline seen in the cryptocurrency’s buying pressure, which has been dissolving throughout the past several days and weeks Ethereum has been closely tracking the price action seen by Bitcoin in recent times. This […] дальше »
2020-4-28 23:00 | |
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Crypto Market On Verge of Explosive Move: Here’s Which Way It Will Trend
Although the past few weeks have been marked by crypto assets jumping 5% then crashing 5% again and again, Bitcoin and the rest of the cryptocurrency market is actually consolidating. The chart below shared by a crypto trader proves this point: it shows that Bitcoin has been trading tightly between the key 50-day and 200-day simple moving averages for the past two weeks. дальше »
2020-4-24 15:00 | |
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Key On-Chain Metric Shows a Strong Bitcoin Bull Rally is Brewing
Bitcoin investors haven’t done too well over the past two months. Despite the near 100% recovery from the $3,700 lows seen on March 12th, the cryptocurrency remains more than 30% below the 2020 highs near $10,500. дальше »
2020-4-20 01:00 | |
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Litecoin's ascent above $46 might be held back by declining NVT ratio
An observation of Litecoin's charts for the past 48 hours reveals that the cryptocurrency dropped below $43. In fact, the silver counterpart to Bitcoin registered a fall of 10.54 percent on 10 April, The post Litecoin's ascent above $46 might be held back by declining NVT ratio appeared first on AMBCrypto. дальше »
2020-4-12 23:30 | |
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Bitcoin's collapse below $7K stalls Cardano, BNB, Dash's recovery efforts
For all the steady movement over the past few days, a sudden hike in volatility and a drop in price can reverse the fortunes of most altcoins in the cryptocurrency market. The case of Cardano, BinanceThe post Bitcoin's collapse below $7K stalls Cardano, BNB, Dash's recovery efforts appeared first on AMBCrypto. дальше »
2020-4-11 20:30 | |
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XRP, BAT, OKEx's OKB endure another price drop as Bitcoin dips below $7k
At the time of writing, Bitcoin, the world's largest cryptocurrency, was priced at $6938, well below the levels, its price was consolidating at over the past few days. In fact, Bitcoin's drop below thThe post XRP, BAT, OKEx's OKB endure another price drop as Bitcoin dips below $7k appeared first on AMBCrypto. дальше »
2020-4-10 15:00 | |
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Bitcoin Showing Signs of Weakness But 100 SMA Can Trigger New Rally
Bitcoin is struggling to gain momentum above the key $7,000 resistance against the US Dollar. BTC is likely to surge past $7,000 as long as it is above $6,400 and the 100 SMA (H4). Bitcoin price is currently showing a few bearish signs below the $7,000 resistance area. There is a strong support forming above... дальше »
2020-4-5 09:08 | |
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Bitcoin Usage Tumbles As Price Volatility Kicks In Hard – Is A Gigantic Dip On The Horizon?
Through his official twitter page, Founder and CEO of Quantum Economics, Mati Greenspan, revealed that the Bitcoin usage has dipped down significantly in the past few days. From a chart analysis, he deduced that only 250k transactions per day have been taking place in the last few days. дальше »
2020-4-1 23:37 | |
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Bitcoin Explodes to $6,800 as S&P 500 Rallies 10% On Back of ‘QE Infinity’ & Coronavirus Bill
Bitcoin has continued to strengthen over the past few hours, rallying as high as $6,850 on Tuesday morning and now trading at $6,790 as of the time of this article’s writing. According to data from TradingView, the cryptocurrency has gained 4% since the trading session started, marking yet another day of gains. BTC remains below... дальше »
2020-3-25 02:30 | |
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Traders Divided Over Bitcoin’s Prospects as Price Crumbles Below $6,000
Over the past few days, Bitcoin has held $6,000 time and time again, managing to close 20 four-hour candles about this psychological level in succession. But, the cryptocurrency just an hour ago closed a four-hour candle beneath this support, cementing BTC’s reversal from $7,000. дальше »
2020-3-23 01:30 | |
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Bitcoin purchases via loans risky, unless 'extra money to spare'
Bitcoin has been on a wild run over the past few weeks. In the wake of BTC's recent fall below $4,000, many, including several non-crypto enthusiasts, flocked in to buy the digital asset. While the enThe post Bitcoin purchases via loans risky, unless 'extra money to spare' appeared first on AMBCrypto. дальше »
2020-3-23 00:30 | |
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Does Bitcoin’s Dipping Hash Rate Spell Doom For The Prices?
The past week has been pretty rough for investors as bitcoin price tumbled below $4,000 along with the traditional stock market. Fortunately, bitcoin has since decoupled from the S&P 500 and rallied back above $6,000. дальше »
2020-3-20 09:22 | |
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Breaking: Bitcoin falls by 24% in an hour to drop below 6k
Bitcoin's price has been erratic for the past couple of weeks. While many expected Bitcoin to post some gains after a disappointing few days, the king coin, unexpectedly, went on a freefall. In fact, The post Breaking: Bitcoin falls by 24% in an hour to drop below 6k appeared first on AMBCrypto. дальше »
2020-3-12 13:55 | |
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Bitcoin Price Collapses Under $8,000 Amid Global Turmoil; Where Analysts Say BTC Goes Next
The past day has been unnerving for bitcoin investors, to say the least. After losing support at the $9,000 level, BTC price swiftly cascaded below $8,000. At press time, the king of cryptocurrencies is trading at $7,894. дальше »
2020-3-10 15:58 | |
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