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This Technical Pattern Suggests Bitcoin Will Plunge Over 30% in Coming Weeks
Bitcoin appears to be in a somewhat precarious position, as a few technical factors are currently suggesting that it may soon see some notable near-term downside. One such technical factor suggesting that the crypto is poised to see notable near-term downside can be seen while looking towards a fractal pattern it has been developing over […] дальше »
2020-7-19 04:00 | |
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Analyst: Bitcoin to See One Final Downtrend Before Bull Run Begins
Bitcoin’s intense consolidation phase may soon draw to a close, as multiple technical patterns are now suggesting that some massive volatility is imminent. This potential trend-defining movement comes after months of range-bound trading between $9,000 and $10,000. дальше »
2020-7-19 23:00 | |
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US Dollar Slump Incoming: Bank of America Sees ‘Death Cross’ as Confidence in Gold Rises
The US dollar is increasingly being viewed in a negative light by investors. Bank of America analysts are seeing a “death cross,” a bearish technical formation suggesting that a period of dollar weakness is coming. дальше »
2020-7-9 22:15 | |
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This Alarming Pattern Suggests Bitcoin Could Soon Crater Lower
As Bitcoin continues its range-bound trading phase, traders are placing their bets on which direction it will trend next This consolidation has caused the cryptocurrency’s volatility to plunge to lows not seen in over a year It is unlikely that this trend will last for too much longer, as extended bouts of sideways trading are typically followed by massive movements One technical pattern that is strikingly similar to that seen in 2019 is now suggesting […] дальше »
2020-7-4 02:00 | |
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4 Indicators Show Bitcoin Has a “High Chance” of Falling in Next 2 Weeks: Analyst
Bitcoin has mounted a strong recovery since the lows seen last week. The leading cryptocurrency traded as high as $9,750 on Saturday, over 13% higher than last weekend’s lows. Even still, there remain textbook technical indicators suggesting there is a “high chance” BTC sees a correction in the coming weeks. According to the analyst that... дальше »
2020-6-1 13:00 | |
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Bitcoin Indicators Signal Recovery, No Further Miner Capitulation
Certain technical signals and indicators are suggesting that Bitcoin has already bottomed and is in recovery mode. There is unlikely to be much further miner capitulation as selling pressure wanes. дальше »
2020-4-7 21:10 | |
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Bitcoin Traders are Watching for $4,000 as Indicators Signal an Insane Move is Coming
Bitcoin’s consolidation seen throughout the past few days may simply be the calm before the storm, as one technical indicator is now suggesting that the benchmark cryptocurrency may soon see a movement of a similar magnitude to that seen when BTC plummeted from $8,000 to $3,800. дальше »
2020-3-28 01:30 | |
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Here’s Why Bitcoin Didn’t Bottom at $3,800 According to a Top Analyst
While Bitcoin seemingly remains in a bear trend, sentiment has spread over the past few days that the cryptocurrency market has bottomed; analysts cite the fact that BitMEX funding rates are decisively negative, suggesting an extreme bottom, along with other technical analysis-based evidence to back their lofty opinion. But according to a top analyst, there... дальше »
2020-3-15 22:30 | |
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This weird Bitcoin pattern suggests Wednesday’s 10% dump may precede a massive surge
Over the past few days, all anyone could talk about on Crypto Twitter was the golden cross that had formed on Bitcoin’s one-day chart. For those unaware, a traditional golden cross in technical analysis is when an asset’s 50-day simple moving average crosses above its 200-day moving average, suggesting that a decisive bull trend is […] The post This weird Bitcoin pattern suggests Wednesday’s 10% dump may precede a massive surge appeared first on CryptoSlate. дальше »
2020-2-20 12:00 | |
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Crypto Market Crash: This Technical Structure Puts End to Uptrend
Although the crypto market has been surging since the start of 2020, the Bitcoin and altcoins may be experiencing the early stages of the year’s first major correction. The technical structure of the recent, short-term uptrend has been broken, suggesting that further downside is due in the days ahead. However, the uptrend on higher timeframes... дальше »
2020-2-18 22:00 | |
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This Technical Pattern Suggests Ethereum Is Gearing For Another Lift-Off
Ethereum is trading nicely above the $162 and $158 support levels, similar to bitcoin above $8,500. ETH price is likely forming an inverse head and shoulders pattern, suggesting a fresh increase. Ether price is currently consolidating above the $162 support area against the US Dollar. дальше »
2020-1-21 06:04 | |
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Bitcoin Price Key-Level Collapse Won’t Hurt $42,000 December Run
The bitcoin price collapsed as low as $9,574 on Wednesday, sliding back below the psychological $10,000 barrier again. Traders have repeatedly failed to hold the $10k level suggesting that bears have taken hold of the market for now. дальше »
2019-7-24 14:06 | |
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Bitcoin analysis: technicals suggesting continuation of strong growth period
As Bitcoin consolidates above former resistance, reversing its recent downtrend, using technical analysis, traders are noticing that another potential upward movement could be in play in the near future. дальше »
2019-6-12 11:36 | |
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Bitcoin consolidating above former resistance, but what’s next?
Bitcoin is doing what it’s done best over the last decade and continuing to climb, despite skeptics, antics, and rhetoric. While some traders are expecting price movement to retest the former resistance zone, there are signs suggesting a retrace into that zone may not be necessary in a bullish continuation. дальше »
2019-5-24 17:30 | |
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Nobody Will Sell You A Bitcoin For $7,999 Anymore
As news broke this morning that Bakkt has committed to testing Bitcoin futures this July, traders reveled in soaring prices and a newfound expectation of increased institutional interest in the digital asset class. дальше »
2019-5-14 00:15 | |
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Bitcoin [BTC]: Coin’s rally has begun, claims Peter Brandt on the basis of past data, technical indicator
Peter Brandt, an old school trader and author of “Diary of a Professional Commodity Trader,” posted a tweet suggesting that Bitcoin’s rally might have begun. Brandt tweeted, “The last time Factor’s benchmark weekly MA was in the current profile of turning from down to up was in Nov 2015 just as $BTC began its move […] The post Bitcoin [BTC]: Coin’s rally has begun, claims Peter Brandt on the basis of past data, technical indicator appeared first on AMBCrypto. дальше »
2019-5-4 22:30 | |
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Bitcoin Momentum Fails, Bearishly Overbought for the First Time Since 2017
By CCN. com: According to a cryptocurrency trader, a technical indicator of bitcoin is signaling a potential downturn in the market for the first time since December 2017. The indicator, known as the Relative Strength Indicator (RSI) bearish divergence, signals a bearish downtrend and a decline in momentum. дальше »
2019-4-29 13:19 | |
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Data shows bitcoin most overbought since 2017: parabolic phase or impending crash?
Bitcoin is currently at its most expensive levels in 2019. According to the GTI Global Strength Indicator—a technical analysis tool that gauges intraday crypto volatility, bitcoin is currently in ‘overbought’ territory—suggesting it could be entering a “parabolic phase,” or be prepared for another downturn. дальше »
2019-4-7 11:38 | |
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Bitcoin Price May Re-enter Bear Market, Warns Analyst (As Altcoins Gain Favor)
The Bitcoin (BTC) price may soon resume its downward trajectory despite mounting technical robustness, an analyst has claimed. ‘Ripe To Resume Lower Prices’ Bloomberg Intelligence analyst Mike McGlone identified diminishing daily returns this month, suggesting an imminent continuation of Bitcoin’s bear market. дальше »
2019-3-13 13:00 | |
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What Is Cryptocurrency? “Jeopardy!” Features Entire Category on Crypto
Is cryptocurrency becoming more mainstream? It could be if one of America’s most prominent game shows features an entire category devoted to it. The November 29, 2018, episode of “Jeopardy!” — which has been on the air since 1964 — offered five unique questions centered around cryptocurrencies and their technology to test out its contestants’ knowledge on the subject: The results reveal that they did indeed know their fair share. дальше »
2018-12-1 22:18 | |
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Bitcoin (BTC) Price Watch: Sellers Waiting at Area of Interest
Bitcoin Price Key Highlights Bitcoin price continues to trade inside its descending channel on the 1-hour time frame. Price looks ready for a pullback to the resistance and the Fib retracement tool shows where sellers might be waiting. дальше »
2018-10-29 05:52 | |
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Bitcoin (BTC) Price Watch: Stuck in This Short-Term Range
Bitcoin Price Key Highlights Bitcoin price is still treading sideways, right in the middle of its range visible on the 1-hour and 4-hour charts. Price has yet to break out of the current consolidation to show whether it would make a test of support or resistance. дальше »
2018-10-22 07:43 | |
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TRX Won’t Slow Down, Check Out TRON’s Latest Announcements
Listen Here – https://soundcloud. com/cryptodaily/trx-wont-slow-down-check-out-trons-latest-announcements TRON and the TRON Foundation have made very exciting progress through the start of October and continue to impress the crypto community. дальше »
2018-10-11 18:00 | |
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Ripple (XRP) Price Watch: Double Bottom and Trend Line Break
Ripple Price Key Highlights Ripple is breaking above the descending trend line that’s been holding since the start of the month to signal a reversal. Price is still retesting the broken resistance, and there may be a chance that this could be a fake out. дальше »
2018-10-8 07:18 | |
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Bitcoin Value Indicator Says Price ‘Still Overbought’ But Bottom ‘Near’
The Bitcoin price bottom is “near,” but the largest cryptocurrency still shows signs of being “overbought,” new research released October 1 claims. Understanding ‘What’s Going On’ In the latest installment of his ‘Bitcoin Value Indicator,’ tech commentator Hans Hauge brought together multiple factors to create an overview of the Bitcoin price which he says allows investors to “understand what’s going on. дальше »
2018-10-3 23:00 | |
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Bitcoin (BTC) Price Watch: Back to Support Yet Again!
Bitcoin Price Key Highlights Bitcoin price has formed higher lows and lower highs to trade inside a triangle pattern on its 4-hour time frame. Price got rejected on a test of resistance once more and a move to support appears to be taking place. дальше »
2018-9-25 07:34 | |
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Bitcoin (BTC) Price Watch: Bullish Reversal Pattern Forming?
Bitcoin Price Key Highlights Bitcoin price appears to be gaining some traction off its recent bounce, possibly forming another double bottom. This is a classic reversal formation, so a rally could be due once price breaks past the $7,400 neckline. дальше »
2018-9-17 06:35 | |
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Bitcoin (BTC) Price Watch: Bearish Pullback Underway?
Bitcoin Price Key Highlights Bitcoin price appears to be gaining a bit more traction on its bounce off the triangle support. Price could be ready to test the triangle resistance again, and this lines up with the 61. дальше »
2018-9-13 08:01 | |
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Bitcoin (BTC) Price Watch: More Bears Waiting to Join In?
Bitcoin Price Key Highlights Bitcoin price recently made a sharp tumble, breaking below an ascending trend line connecting the lows since mid-August. Applying the Fib retracement tool on the latest swing high and low shows that the 61. дальше »
2018-9-7 07:56 | |
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Bitcoin (BTC) Price Watch: Still Waiting for Directional Clues
Bitcoin Price Key Highlights Bitcoin price is trending below a short-term descending trend line as it hovers at the long-term floor. Traders are likely waiting for the next catalysts to decide which direction the breakout could take. дальше »
2018-8-13 07:08 | |
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Bitcoin Cash (BCH) Technical Analysis and Forecast for August 9th
All in all, Bitcoin is down and as expected Bitcoin Cash and other altcoins are following suit. If anything, we should be looking at how BTC reacts at key support line–$6,000 before suggesting possible trend directions at BCH. дальше »
2018-8-9 19:12 | |
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Bitcoin (BTC) Price Watch: Last Chance for Bulls?
Bitcoin Price Key Highlights Bitcoin price is in the middle of a larger correction to the area of interest previously highlighted. If support holds, bitcoin could recover to the Fibonacci extension levels marked on the 4-hour time frame. дальше »
2018-8-6 07:12 | |
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Bitcoin (BTC) Price Watch: Potential Bounce Targets
Bitcoin Price Key Highlights Bitcoin price is still inside its short-term ascending channel but is on its way to test support. If the near-term floor holds, the Fibonacci extension tool on this pullback shows the potential upside targets. дальше »
2018-7-10 06:49 | |
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Bitcoin (BTC) Cost Observe: Rising Channel Underneath Major Support
Bitcoin Price Key Highlights Bitcoin price has formed higher lows and found resistance at the $6,785 level to create an ascending triangle. Price is testing the pattern’s resistance, which lines up with the broken long-term support visible on the 4-hour chart. дальше »
2018-7-9 11:13 | |
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Bitcoin (BTC) Price Watch: Ascending Channel Below Major Support
Bitcoin Price Key Highlights Bitcoin price has formed higher lows and found resistance at the $6,785 level to create an ascending triangle. Price is testing the pattern’s resistance, which lines up with the broken long-term support visible on the 4-hour chart. дальше »
2018-7-9 08:00 | |
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Bitcoin (BTC) Price Watch: Bulls Defend Wedge Support
Bitcoin Price Key Highlights Bitcoin price continues to consolidate inside its rising wedge formation visible on the 1-hour chart. Price has bounced off support to test the resistance and is now back to the bottom once more. дальше »
2018-7-5 06:56 | |
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Bitcoin (BTC) Price Watch: Reversal Pattern and Breakout
Bitcoin Price Key Highlights Bitcoin price staged a rally sharp enough to break past the falling trend line on the 4-hour chart. In addition, a small double bottom has formed on this same time frame to signal that an uptrend is underway. дальше »
2018-7-2 06:55 | |
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Bitcoin (BTC) Price Watch: Sellers Picking Up Steam!
Bitcoin Price Key Highlights Bitcoin price has formed lower highs and lower lows to trade inside a descending channel on its 1-hour chart. Price is testing support and a bounce could take it back up to the resistance or the Fibonacci retracement levels. дальше »
2018-6-12 07:55 | |
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Litecoin Price Analysis - Technical indicators suggest an active bear trend
Most of the cryptocurrency market has moved collectively over recent days. The Pearson Coefficient of LTC and BTC has been 0.8230 since mid-December, suggesting the two coins are highly correlated statistically. дальше »
2018-6-12 04:48 | |
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