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Bitcoin Is On the Precipice of Losing Two Crucial Support Levels
Bitcoin’s price action has been slow over recent weeks. This has allowed crucial technical support levels to catch up with the current price. Analysts say that Bitcoin is on the verge of falling below two support levels of macro importance. дальше »
2020-10-8 15:00 | |
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Bitcoin Gears Up for Another Attempt at Moving Above Resistance
Bitcoin (BTC) is still trading above an important long-term support level and is expected to eventually make another attempt at breaking out above $11,200. Overcoming this resistance, or rejection from it, will likely determine the direction of the macro trend. дальше »
2020-10-5 13:09 | |
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Why One Bitcoin Analyst Believes the Market is “Scared for All the Wrong Reasons”
Bitcoin’s price action as of late has been driven by a combination of recent news developments, jitters within the macro-economic environment, as well as technical weakness. That being said, these factors have not been enough to push the benchmark cryptocurrency below any crucial support levels, as it is still trading within the macro trading range […] дальше »
2020-10-3 19:00 | |
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Uniswap’s UNI Token Reclaims Crucial Support as Analysts Eye a Macro Bottom
Uniswap’s token (UNI) has been bearing witness to immense volatility throughout the past few days, with its post-launch price action being surprisingly strong – considering that all users of the platform were airdropped a sizeable quantity of tokens. дальше »
2020-9-24 00:00 | |
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Here’s the Key Level Bitcoin Needs to Break to Extend Its Macro Momentum
Bitcoin has seen some mixed price action throughout the past several days and weeks, struggling to garner any sustained buying pressure as its price hovers just above its crucial support between $9,900 and $10,000. дальше »
2020-9-7 01:00 | |
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Analyst: Ethereum Now Entering a Macro Correction as Selling Pressure Mounts
Ethereum has been hit hard by the latest selloff, with the cryptocurrency’s price plunging to its critical $400 support before posting a slight rebound This price action has done little to offer insight into ETH’s mid-term trend, but it did strike a blow to the bull case that has been mounting over the past few weeks Analysts are now conflicted as to where it may trend in the near-term, which may depend largely on its […] дальше »
2020-9-4 23:00 | |
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Bitcoin Could Plunge to Sub-$10,000 Before Rocketing Higher; Here’s Why
Bitcoin is flashing some signs of short-term strength as it rebounds from its daily lows This rebound, although strong, has not been enough to send it past any crucial support levels as of yet It also led BTC to see a strong rejection at just below $11,600, which is a sign of weakness behind this movement This rally came about as macro assets responded bullishly to the Fed Chairman’s speech regarding the Fed adopting a […] дальше »
2020-8-28 02:00 | |
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Here’s the Crucial Trading Range That Will Determine Bitcoin’s Macro Outlook
Bitcoin has been caught in a firm consolidation phase but is now showing some signs of weakness The cryptocurrency is currently pushing down towards its key support within the mid-$11,000 region as its bulls falter There is currently a massive trading range that analysts are closely watching Which of the range boundaries that the crypto breaks above – or below – first will likely offer significant insight into its near-term trend Some respected traders are […] дальше »
2020-8-12 02:00 | |
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XRP May Explode Higher After “Destroying” a Macro Downtrend Line
XRP is currently hovering around the key $0.30 region as its buyers attempt to stop it from breaking below this crucial support level. This slight decline comes as the aggregated crypto market begins facing heightened selling pressure, although it has not been enough to invalidate the market’s macro strength. Analysts are now noting that XRP […] дальше »
2020-8-8 00:00 | |
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A Technical Cross That Sent Bitcoin 60% Lower Is Close to Forming
Save for the rejection at $9,500, Bitcoin has held up rather well on a macro scale over the past few days. As of the time of this article’s writing, the leading cryptocurrency sits at $9,200, holding the support in the $8,500-9,000 region. дальше »
2020-7-12 07:00 | |
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These Macro Factors Show That Bitcoin Bears are Gaining Control of BTC
Bitcoin’s bulls and bears appear to be locked within an intense battle for control over the cryptocurrency Bears have been gaining the upper hand over the past few weeks, as the crypto has been consistently trending downwards despite being caught within a multi-week consolidation phase Presently, BTC is trading just above a crucial support level that appears to be growing weaker due to it being tested on multiple occasions over the past few days As […] дальше »
2020-7-1 02:00 | |
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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 is Showing Early Signs of Macro Weakness; What to Watch For
Ethereum has been inching lower after breaking below the support level at the bottom of its long-held trading range This decline has come about despite Bitcoin showing some signs of stability within the lower-$9,000 region ETH is now trading at a crucial support level that buyers are attempting to defend, as a break below it could be dire Analysts are now noting that for the first time in a long time ETH is showing signs […] дальше »
2020-6-29 22:00 | |
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This Crypto Could See Major Pain as it Risks Breaking Its Macro Uptrend
Tezos has been one of the most bullish cryptos throughout late-2019 and 2020, only seeing momentum rivaled by that seen by Chainlink The cryptocurrency is now at risk of invalidating the technical strength brought about as a result of this uptrend Analysts are noting that it could soon see some serious “pain” as it struggles to hold above a key support level Tezos has seen some serious momentum throughout the past several months that has […] дальше »
2020-5-13 23:00 | |
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XRP Shatters Crucial Macro Support as Analysts Eye Serious Downside
XRP has continued to severely underperform Bitcoin, forcing it to also see some downside against its USD trading pair despite the bullish market conditions This weakness has caused the third-largest crypto to decline beneath a key last-ditch support level that was bolstering its price action Analysts are now noting that it could soon see a freefall that leads it significantly lower due to the weakness resulting from this dire technical breakdown Yesterday the aggregated crypto […] дальше »
2020-5-9 23:00 | |
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Bitcoin spot volume is telling a bullish tale as analysts eye macro bottom
Bitcoin’s overnight break above the resistance it was previously facing at $7,200 has allowed the crypto to significantly extend the momentum that was first incurred when BTC dipped below the support it has established at $6,600 earlier this week. дальше »
2020-4-21 13:00 | |
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Scary Macro Chart Pattern Shows Bitcoin Could Still Be In Bear Market
Bitcoin has recovered a tiny bit today but it is still in a down trend from the 2020 high. Zooming out reveals a scarier notion and it could be that the bear market still isn’t over. Bitcoin Holding Support BTC has recovered a little since its dump below $8,600 yesterday. дальше »
2020-2-28 10:00 | |
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Bitcoin’s Next Macro Uptrend May Start Sooner Than You Think
After posting what appeared to be a grim break below $8,000 yesterday, Bitcoin’s bulls have thus far been able to step up and defend a key monthly support level that is the only thing stopping BTC from posting significantly further losses. дальше »
2020-1-10 04:00 | |
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This Fractal Suggests Bitcoin Price Will Explode Past $10,000
Over the holiday season, Bitcoin (BTC) has stalled in the low-$7,000s, finding itself stuck between heavy macro support in the mid-$6,000s and rather pertinent resistance in the high-$7,000s, which the cryptocurrency has been rejected by multiple times. дальше »
2020-1-6 13:00 | |
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This Scary Fractal Suggests Bitcoin Price Is On Its Way to $3,000
Over the past few weeks, Bitcoin (BTC) has been consolidating in the range around $7,000, seemingly stuck in between a rock and a hard place. Indeed, the cryptocurrency has many times bounced in the mid-$6,000s, where there is macro support, and has been rejected multiple times in the resistance band around the high-$7,000s. дальше »
2020-1-5 21:30 | |
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Why Bitcoin Is Poised to Rally 25%, Spring Past $9,000 In Coming Weeks
Over the holiday season, Bitcoin (BTC) has stalled in the low-$7,000s, finding itself stuck between heavy macro support in the mid-$6,000s and rather pertinent resistance in the high-$7,000s, which the cryptocurrency has been rejected by multiple times. дальше »
2020-1-4 11:49 | |
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Sorry Bulls, Bitcoin Indicator That Called 50% Decline Still Flashing “Sell”
Since Bitcoin (BTC) bounced cleanly off the macro $6,400 support earlier this month, analysts have been wondering if the pain is over for the cryptocurrency market. According to two key trend indicators, which predicted previous bear markets and bull markets, the medium-term to long-term trend remains bearish, unfortunately enough. дальше »
2019-12-26 00:00 | |
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Bitcoin Week in Review: Bears Attack Key Support, But Irresponsible Monetary Policy May Bolster Macro Outlook
As we draw near the end of 2019, the events surrounding Bitcoin on a weekly basis are growing increasingly important, as how BTC trades within the next couple of weeks could set the tone for where it trends in the first part of the new year. дальше »
2019-12-16 00:30 | |
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Bitcoin Price Analysis: Macro Level Breaks as Bearish Continuation Ensues
The currently monthly bitcoin price level is below support and could potentially see lows as far down as $6,400. The post Bitcoin Price Analysis: Macro Level Breaks as Bearish Continuation Ensues appeared first on Bitcoin Magazine. дальше »
2019-10-24 00:12 | |
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Global U.S. Dollar Shortage to Benefit Bitcoin, Says Crypto Twitter’s Biggest Bull
Many have been bearish on bitcoin after the dominant cryptocurrency breached support of $9,000 in September. The month-long consolidation around $8,000 is not helping either. It is only giving bitcoin haters more reason to scream their bearish outlook. дальше »
2019-10-21 18:00 | |
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Bitcoin Price Analysis: Grinding Market Slowly Drives Through Support
The bitcoin market over the last few days has been a series of grinding support/resistance tests that have brought us toward macro support at the $7,700s. The post Bitcoin Price Analysis: Grinding Market Slowly Drives Through Support appeared first on Bitcoin Magazine. дальше »
2019-10-19 00:36 | |
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Bitcoin Price Analysis: Macro Resistance Turned Support — Will it Hold?
The bitcoin price is currently bound within a zone of indecision and we will have to assess the market as it tests either the upper or lower boundary. The post Bitcoin Price Analysis: Macro Resistance Turned Support — Will it Hold? appeared first on Bitcoin Magazine. дальше »
2019-10-3 23:04 | |
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Don’t Freak Out, Bitcoin is Just Following ‘Rule of 10 Best Days’: Fundstrat’s Tom Lee
A number of reasons support this, points out Lee explaining that BTC has been “overbought and needs to see weaker sentiment. ” Moreover, Bitcoin Misery Index has been saying this since July and BTC is stuck until the S&P 500 ends its “endless macro” period. дальше »
2019-9-29 16:45 | |
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Bitcoin Price Analysis: Macro Support Gives Way During Strong Sell Off
Bitcoin’s long-held support at $9,750 gave way on September 24, 2019 in a swift and violent 15 percent move to the downside. The post Bitcoin Price Analysis: Macro Support Gives Way During Strong Sell Off appeared first on Bitcoin Magazine. дальше »
2019-9-26 20:54 | |
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Monthly Macro Support Tested With Impulsive Move
After seeing a retest of macro resistance at a $10,750 price, the bitcoin market saw a strong pullback and is testing a monthly supply level of $10,300. The post Monthly Macro Support Tested With Impulsive Move appeared first on Bitcoin Magazine. дальше »
2019-9-7 00:22 | |
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Bitcoin Price Analysis: Macro Support Gives Way Under Anemic Demand
A strong round of selling has the bitcoin market testing daily, weekly and monthly support for the fourth time in over two months. The post Bitcoin Price Analysis: Macro Support Gives Way Under Anemic Demand appeared first on Bitcoin Magazine. дальше »
2019-9-6 00:44 | |
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$10,000 Bitcoin Price Imminent in ‘the Days of Bitcoin Bug’: Analyst
By CCN Markets: On CNBC’s Fast Money, Cornerstone Macro’s Carter Worth stated that based on technicals, the trend of bitcoin is seemingly positive and is aiming for 2018 levels. Year-to-date, the bitcoin price has risen by 146 percent against the U. дальше »
2019-6-18 21:29 | |
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Bitcoin Price Analysis: Bullish Market Structure Upheld Following Strong Sell Off
Summary:Although we saw a strong sell off yesterday, the bullish market structure has yet to be violated. The weekly support has been confirmed for the time being and our parabolic advance is still intact. дальше »
2019-6-1 23:51 | |
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Bitcoin Price Analysis: Macro Resistance Could Push Price Down to $6,000s
Summary:The bitcoin market is seeing some pullback as the monthly and weekly resistance level has proven to be a tough level to crack. On the daily level we can see a couple of attempts to break the level, but ultimately this was matched with strong selling pressure. дальше »
2019-5-24 23:46 | |
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Bitcoin Price Analysis: Where Is the Local Top for This Parabolic Run?
Summary:The bitcoin market has gone parabolic as we blasted off through two major weekly levels. The resistance got crushed due to a high amount of short positions that were force liquidated in an event known as a “short squeeze. дальше »
2019-5-14 00:43 | |
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Bitcoin Price Analysis: Bull Trend Continues as Market Marches To $6K Level
Summary:Bitcoin’s strong uptrend resumes as, once again, the market has claimed new highs in the $5,900 zone. Our market structure remains bullish as we have consistently created higher highs and higher lows. дальше »
2019-5-8 00:58 | |
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Bitcoin Price Analysis: Short Squeeze Imminent as Bearish Pressure Weakens
Summary:Following unconfirmed claims by the NYC Attorney General regarding Bitfinex and Tether’s insolvency, the bitcoin market had a knee jerk reaction that caused us to retest macro support. дальше »
2019-5-1 01:32 | |
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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 Price Analysis: Upward Consolidation Hints Toward Diminishing Market Supply
Summary:The bitcoin market has seen sustained buying pressure as the daily candles have continuously closed new highs following the impulsive move that brought us to the $5,000 levels. дальше »
2019-4-10 00:35 | |
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Bitcoin Price Analysis: Sideways Consolidation Paves the Way for Macro Uptrend
Summary:Buying pressure continues as the bitcoin market holds above the macro, bearish trendline and the monthly resistance level. There was a small amount of selling pressure but it was absorbed by eager bulls. дальше »
2019-4-6 22:35 | |
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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. дальше »
2019-3-29 02:21 | |
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Levblockchain ICO
Our Organization Levblockchain LVE, will help many new, young, passionate people who are trying to work on new technology projects, blockchain projects and products. Many of Greek Developers abandoning because of the country’s educational erroneous infrastructure and frozen economic growth. дальше »
2019-3-25 22:16 | |
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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 | |
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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. дальше »
2019-3-19 01:17 | |
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