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Bitcoin Could Soon See Explosive Momentum if It Shatters One Key Level

Bitcoin’s bulls are flexing their strength today, pushing the benchmark digital asset towards $11,000 as they attempt to reverse the recent downtrend that it has been caught within. There’s no doubt that today’s move – coupled with that seen yesterday – is positive for the crypto’s near-term outlook, but it is important to keep in […] дальше »

2020-9-15 19:00


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It’s Do or Die for Bitcoin as Analysts Begin Eying Further Upside

Bitcoin has posted a strong rebound from its recent lows that were set within the upper-$9,000 region Bulls clearly did not want the benchmark crypto’s macro strength to be invalidated As such, they have since sparked a move up towards the mid-$10,000 region, currently attempting to capture $10,400 It is important to note that this price action comes as the cryptocurrency reaches a do or die moment How it ultimately responds to $10,000 could determine […] дальше »

2020-9-11 02:00


COMP Bounces at Important Support Level

The Compound (COMP) price has broken out from a descending resistance line and has created a bullish pattern. The price should continue moving upwards as long as it stays above $160. Breakout and Double Bottom The COMP price began an upward move on August 2, and on August 12, the price reached a high of […] The post COMP Bounces at Important Support Level appeared first on BeInCrypto. дальше »

2020-8-27 23:49


VeChain (VET) Treads Water Awaiting Next Big Move

VeChain (VET) has been one of the best performing cryptocurrencies since hitting an all-time low in March. The VET/USD pair increased by 1,500% in the three months that followed. However, failure to reach a close above an important long-term resistance level has lead to the possibility that the upward move has ended and the price […] The post VeChain (VET) Treads Water Awaiting Next Big Move appeared first on BeInCrypto. дальше »

2020-8-4 14:30


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 […] дальше »

2020-6-23 23:00


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Bitcoin Aims to Re-Test Important Weekly Support and Resistance Levels

During the week of March 16-23, the Bitcoin price increased significantly, at one point reaching a high of $6,900. However, it decreased considerably over the weekend. Since the price failed to reclaim this important resistance area, this week’s movement will likely see a bearish re-test of support, rather than the beginning of an upward move. дальше »

2020-3-23 17:10


Bitcoin Recovers to $8,000 – Why The Market Sentiment Is Now Different

Earlier last week Bitcoin reached an important resistance level of around $8,300 and with many expecting a decisive move to occur, either way, BTC fell in price and even dropped as low as $6,400. However, what was interesting to observe was just how quick BTC managed to recover when many expected the decline in price […] The post Bitcoin Recovers to $8,000 – Why The Market Sentiment Is Now Different appeared first on ZyCrypto. дальше »

2019-5-21 22:20


Bitcoin’s 48 hours are done: BTC’s most important correction move has begun, but to what end?

Bitcoin’s recent price surge and its sudden correction were the center of speculation and many conspiracy theories. Some of these theories speculated that institutional buyers set long trades before the pump and that the correction that followed the pump was sparked by WikiLeaks’ Julian Assange, who sold 4,000 BTCs worth approximately $20 million. дальше »

2019-4-13 00:30


Bitcoin (BTC) Tepidly Advances Above 4,100 as Upwards Momentum Slows

After rapidly surging to above $4,200 before plummeting back below $4,100 on Saturday, Bitcoin (BTC) has been able to incur some upwards momentum that has allowed it to tepidly move above $4,100. It is important to note that Bitcoin’s strongest level of resistance exists at $4,200, but analysts are expressing cautious optimism regarding the current. дальше »

2019-4-1 00:30


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Bitcoin Price Analysis: Slow Upward Drift Tests Market Supply

A slow, grinding upward drift has been the name of the game for bitcoin’s market over the last few weeks. The upward drift is bringing us slowly to a level that was previously rejected violently:Figure 1: BTC-USD, Daily Candles, Upward DriftOur third rejection of the red resistance level shown above brought the market into a test of macro support in the mid-$3,000s. дальше »

2019-3-23 01:23