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Negative Funding Could Act as a Launchpad for a Massive Bitcoin Rally

Bitcoin’s recent consolidation phase has come about concurrently with traders stacking up on short positions This indicates that they expect the turbulence within the traditional markets to continue suppressing BTC’s price action, potentially leading it lower in the weeks ahead That being said, this has caused negative funding rates to surge as of late, making it costly to be short Historically, funding rates – when slanted towards one direction for extended periods – work as […] дальше »

2020-10-6 02:00


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The Bitcoin Dominance Rate Could Rally Before Dropping

The Bitcoin Dominance Rate (BTCD) has been decreasing at an accelerated rate since the beginning of July. The decrease should continue until the rate reaches the closest support area at 62.5%. Current Support At the beginning of July, the BTCD broke down from a rising support line that had previously been in place since February […] The post The Bitcoin Dominance Rate Could Rally Before Dropping appeared first on BeInCrypto. дальше »

2020-7-14 21:30


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As XRP Rallies, Here’s the Level Top Traders Plan on “Shorting With Fury”

The aggregated cryptocurrency market is beginning to flash some signs of strength after an extended period of sideways trading Altcoins have been leading the market higher, as Bitcoin has remained stagnant within its long-held trading range This upwards momentum has even allowed XRP to rally, with this marking the first notable surge it has seen since April Analysts are noting that it could continue climbing higher in the near-term before hitting a crucial resistance level […] дальше »

2020-7-9 23:00


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Cardano (ADA) May Be Forming a Macro Top Despite Surging 400% Since March

Cardano has been caught within an intense rally over the past few weeks, surging amidst a flurry of positive news This rally has allowed it to set fresh yearly highs today, and in the near-term, it appears that it will continue climbing higher It is important to note that it is quickly navigating up towards a massive high time frame resistance level The selling pressure here may be insurmountable and could spark a selloff This […] дальше »

2020-7-8 23:00