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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. дальше »
2020-6-22 01:00 | |
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These On-Chain Indicators are Flashing Warning Signs for Bitcoin’s Strength
Bitcoin’s on-chain indicators are flashing some signs of weakness despite the cryptocurrency’s sharp rebound from its recent lows. BTC has been subjected to some heavy volatility over the past several days, plunging to lows of $8,900 yesterday before rebounding up to the mid-$9,000 region. дальше »
2020-6-17 02:00 | |
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Bitcoin Remains Poised to See Explosive Rally to $11,000 Despite Recent Plunge
After facing an intense influx of selling pressure yesterday, Bitcoin has been able to recover some of its recent losses as it navigates back into the mid-$9,000 region The cryptocurrency is showing some signs of strength due to the rebound seen from its overnight lows Analysts do not believe that this recent movement was enough to invalidate its macro strength, and some are still offering near-term targets as high as $11,000 In order for this […] дальше »
2020-6-13 21:00 | |
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Ethereum Open Interest Rebounds as Analysts Eye an Explosive Upside Movement
Ethereum has seen some tempered gains overnight, recapturing its position within the $240 region as it shows some signs of technical strength. Today’s climb has largely been the result of that seen by Bitcoin, as ETH has been closely tracking the benchmark cryptocurrency’s price action over the past week. This has caused Ethereum’s open interest... дальше »
2020-6-9 02:00 | |
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Waning Demand for Bitcoin Spells Trouble for Where it Goes Next
Bitcoin saw a slight decline overnight that caused it to invalidate some of the strength that was previously guiding it towards $10,000 It now appears that the crypto is positioned to see further downside as its technical outlook degrades Analysts are pointing to waning demand and growing supply as reasons why the benchmark crypto could soon decline lower It is important to note that this decline could lead BTC as low as the $7,000 region […] дальше »
2020-6-6 21:00 | |
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Here’s Why Bitcoin’s V-Shaped Recovery from $3,800 Spells Trouble for What’s Next
Bitcoin has now entered a consolidation phase within the mid-$9,000 region following the meltdown seen yesterday This has made it increasingly unclear as to which direction the benchmark cryptocurrency will trend over a mid-term time frame One analyst is calling into question the long-term strength of BTC’s multi-month uptrend due to the “V-shaped” recovery it posted in mid-March when it dipped to lows of $3,800 He eludes to the possibility that this provided the crypto […] дальше »
2020-6-3 21:00 | |
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Bitcoin Could Soon See a $1,300 Loss as It Nears Key Resistance
Bitcoin has been flashing signs of immense strength throughout the past few days as it pushes up towards the mid-$9,000 region. Although on a surface level this movement appears to be bullish, it is important to note that the cryptocurrency is now pushing up against heavy resistance. дальше »
2020-5-29 00:30 | |
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Bitcoin Flashes Major Signs of Strength as Analysts Target $10,000
Bitcoin saw a notable overnight upswing that allowed it to firmly gain a position within the mid-$9,000 region This movement caught some bears off guard, and marked an extension of the momentum that it first incurred when it bounced from $8,800 yesterday It now appears that BTC is primed to rally even higher in the near-term, with some analysts targeting a move to $10,000 as the crypto flashes signs of strength Bitcoin is currently caught […] дальше »
2020-5-29 21:00 | |
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$14,000: Bitcoin Could Set Fresh Post-2017 Highs if it Recaptures Key Moving Average
Bitcoin has been flashing signs of bourgeoning technical strength in the time following its recent dip to lows of $8,100. From this point, the cryptocurrency has been able to incur a steady climb higher that has since allowed it to once again surmount the $9,000 region. дальше »
2020-5-14 02:00 | |
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“Simple Geometry” Shows Bitcoin is Bound to Drop Despite Healthy Consolidation
Bitcoin has stabilized above $7,500 following yesterday’s upswing Analysts are now noting that a confluence of factors suggest BTC will decline slightly before finding enough support to catalyze continuance of this uptrend This comes after a period that some traders have described as “healthy consolidation” Bitcoin has been able to maintain all of its recent gains overnight, as the benchmark cryptocurrency has begun stabilizing above the $7,500 region even in spite of the strength of […] дальше »
2020-4-26 21:00 | |
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This “Golden Pocket” Could Wipeout Ethereum’s Momentum
Ethereum is rapidly approaching its local highs as bulls begin garnering significant strength There is one “golden pocket” resistance level that could spark a major selloff if ETH is rejected here Some top traders are still noting that they expect this uptrend to extend significantly further The intense uptrend Ethereum incurred yesterday was able to further extend overnight, with the cryptocurrency pushing will into the mid-$180 region as its buyers make a bid at revisiting […] дальше »
2020-4-24 23:00 | |
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This Crypto Could Soon Explode as it Peeks Over Massive Resistance
While the aggregated crypto market consolidates following the recent upswing, Tezos has continued climbing higher as it expresses further signs of strength against many of its peers. This strength has now led the crypto to push above a key horizontal resistance region that was significantly hampering its price action in the past, with a confirmed break above this level potentially opening the gates for significant upside in the days and weeks ahead. The move past […] дальше »
2020-4-19 23:00 | |
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Sign of Strength: Bitcoin Sees Massive Spike in Buy-Side Orders Despite Selloff
Bitcoin’s sharp overnight selloff marked a firm end to the bout of consolidation that it had been experiencing over the past few days, with this movement sending BTC reeling down to its key support within the lower-$6,000 region. дальше »
2020-3-29 00:30 | |
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This “Make or Break” Level Must Be Defended or Bitcoin Could See a Nasty Selloff
Bitcoin has found some stability within the lower-$6,000 region over the past couple of days, with its recent rally to highs of $6,900 resulting in a relatively strong rejection that has called into question the strength of its recent uptrend. дальше »
2020-3-22 20:30 | |
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Ripple (XRP) Lack of Strength Suggests False Rally or Just Correction
Ripple is up more than 10% and it broke the $0. 1550 resistance region against the US Dollar. However, XRP price is lacking strength and pointing a fresh decrease in the near term. Ripple price is up more than 10% and it tested the $0. дальше »
2020-3-20 07:08 | |
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XRP Surges as Bitcoin Dominance Drops, Sparking Altcoin Season Hopes
After facing a sharp sell-off yesterday, Bitcoin was once again able to find support within the upper-$7,000 region, and its recovery back above $8,000 has triggered a notable XRP rally, which is sparking hopes that the next “altseason” is inbound. дальше »
2019-10-8 02:00 | |
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XRP Surges 7% as Technical Strength Builds; Here’s What Analysts are Saying
After facing a swift selloff overnight, the aggregated crypto markets have been able to post a strong recovery today, with XRP and most major altcoins surging as Bitcoin reclaims its position within the lower-$8,000 region... дальше »
2019-10-1 23:56 | |
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Ethereum Network Demand Surges; Will ETH’s Price Follow?
Ethereum (ETH) surged today after the aggregated altcoin market responded bullishly to Bitcoin’s period of consolidation in the mid-$10,000 region. This upwards momentum has sent it up towards $185, which has previously been a strong level of support for the cryptocurrency. дальше »
2019-9-15 00:30 | |
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Prominent Analyst: Bitcoin May Have Established Mid-Term Bottom
Bitcoin has incurred some upwards momentum today after facing growing selling pressure around $10,000. BTC’s ability to hold above this price level may be a bullish sign, as it signals that bears do not currently have enough strength to send the crypto back to its next major support level in the lower-$9,000 region. дальше »
2019-9-13 00:00 | |
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Bitcoin May Erase Recent Gains as Bears Build Strength
Bitcoin has found some stability within the mid-$10,000 region over the past couple of days after incurring significant volatility earlier this week. This stability marks a bout of consolidation that comes shortly after BTC’s massive surge from the lower-$9,000 region to highs of roughly $10,800, which is where it faced some levels of resistance. дальше »
2019-9-6 00:00 | |
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Bitcoin: Analysts Target $10,000 Region in Near-Term as Bears Build Strength
Bitcoin has been incurring increased levels of volatility as of late, which may be partially due to the newly formed inverse correlation between BTC and altcoins. As of late, most major altcoins have been facing strong selling pressure due to Bitcoin’s recent rally, but they appear to get some relief each time it drops. дальше »
2019-8-12 22:30 | |
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Crypto Markets Plummet Amidst BTC Instability, But the Worst Could be Over for Altcoins
After incurring some incredibly bullish buying pressure that sent Bitcoin running up to $13,000, the cryptocurrency was unable to maintain its strength and was sent reeling down to the lower-$12,000 region. дальше »
2019-7-11 03:00 | |
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Analyst: Bitcoin May Consolidate for Several Months, But Six-Figure Price Surge is Still Imminent
Bitcoin and the entire crypto markets are experiencing a green Monday, with most major assets trading up a few percent. Today’s price surge has allowed BTC to establish the lower $11,000 region as a level of support and may have contributed to growing technical strength. дальше »
2019-7-9 03:00 | |
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Analysts Believe XRP May be Posed for a Large Surge as Technical Strength Grows
The aggregated crypto markets have been able to tepidly advance higher today after facing some levels of volatility earlier this week. XRP, which has now firmly gained a foothold in the lower-$0. дальше »
2019-6-3 00:30 | |
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Analyst: Bitcoin Likely to Drop into Lower-$4,000 Region Before Finding Significant Support
Although many investors and analysts alike viewed Bitcoin’s muted reaction to the recent Tether/Bitfinex controversy as a sign of improving fundamental strength, it may be too early to celebrate just yet, as one analyst believes that BTC may dip back into the lower-$4,000 region before finding any significant levels of support that allow it to. дальше »
2019-4-30 03:00 | |
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Bitcoin Price Analysis: Daily Resistance Level Tested Following Strong Buying Pressure
Summary:Despite some strong, intraday selling, bitcoin’s macro-bullish market structure remains intact. So far, we have seen a test of two daily levels and have clearly established support. дальше »
2019-4-17 23:26 | |
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Bitcoin Crash Coming? Overbought Levels Near 2017 $20,000 Peak
The latest bitcoin price rally has pushed the asset into an extremely overbought region which could likely result in an interim crash. The Relative Strength Indicator (RSI), an oscillator which studies the speed and change of price movements, measures a market’s sentiment on a scale of 0 to 100. дальше »
2019-4-9 16:58 | |
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Bitcoin Price Analysis: Strong Rally Set to Test Overhanging Resistance
Shortly after the London Open, the entire crypto market saw a strong round of buying. Some coins broke their highest volume seen since the beginning of the bear market, and several others broke straight through overhanging resistance levels. дальше »
2019-2-9 01:45 | |
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Bitcoin Price Analysis: Wait and See Where Recent Signs of Strength Lead
This week realized a big gain as bitcoin enjoyed a 25% rally from its local bottom before topping out around $4,400. Support currently appears to be established in the mid-$3,000s as the market remains indecisive over its next move:Figure 1: BTC-USD, Daily Candles, Current Support LevelFigure 1 shows the relevance of the current support level as it represents a previous support level that was never properly retested during last year’s parabolic bull market. дальше »
2018-11-30 01:45 | |
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