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After predicting a $2,000 drop, a top on-chain analyst is now bullish on Bitcoin
Bitcoin’s recent correction that brought it from the $12,000 highs to $9,800 didn’t catch all analysts off guard. The post After predicting a $2,000 drop, a top on-chain analyst is now bullish on Bitcoin appeared first on CryptoSlate. дальше »
2020-9-16 02:00 | |
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Here’s How High Bitcoin Could Run Before Facing Immense Selling Pressure
Bitcoin has seen some incredibly strong price action throughout the past few days After establishing the region between $9,900 and $10,000 as a baseline support level, bulls have now stepped up and propelled it back up towards $11,000 This current strength has struck a blow to bears, although BTC hasn’t reached the clear just yet One analyst is noting that the region between $11,100 and $11,200 is where he is expecting Bitcoin to face some […] дальше »
2020-9-16 02:00 | |
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Ethereum is Nearing Crucial Resistance; Rejection Here Could Spark Move to $300
Ethereum’s price is currently struggling to surmount some heavy resistance, which has caused it to lag behind Bitcoin today This resistance, which exists at $380, has hampered its price action on multiple occasions throughout the past few weeks Despite this, because BTC is now nearing $11,000, a break above this crucial level will likely catalyze some intense buying pressure that also creates a tailwind for ETH One analyst noted that this region of resistance between […] дальше »
2020-9-16 23:00 | |
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These 3 Factors Suggest Bitcoin May Soon Push Towards $11,250
Bitcoin has seen some incredibly strong price action throughout the past few days Bulls have stepped up to the plate and propelled the crypto up towards its $11,000 resistance, marking a notable surge from recent lows of $9,900 These lows were visited throughout the past couple of weeks, with bears ardently attempting to invalidate Bitcoin’s macro strength Their failure to do so has now opened that gates for further upside, with one analyst pointing to […] дальше »
2020-9-15 21:00 | |
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Bitcoin Analyst Sees BTC/USD Below $6K Despite Rally Sentiment
A rebound in the Bitcoin price this week lifted its short-term bullish sentiment, especially after it broke above a string of crucial technical resistance levels. Nevertheless, the benchmark cryptocurrency might be walking into a bull trap, as per independent trading consultancy WCSE. дальше »
2020-9-15 12:09 | |
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Technical Analyst Fears Stocks May Top Here — and That’s Bad for Bitcoin
Both Bitcoin and the stock market surged on Monday after a shaky past week. BTC is up 5% in the past 24 hours as it has pressed to weekly highs at $10,700. The S&P 500 and other leading indices are up around 1. дальше »
2020-9-15 04:01 | |
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Stock-To-Flow Model Creator Says It’s Time For BTC To Make A Major Upside Move Based On This Crucial Update
There are multiple metrics and models that are used to predict the bitcoin price in the future. A widely-known — yet often contested — one is the stock-to-flow model designed by quant analyst PlanB. дальше »
2020-9-15 01:07 | |
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Altcoins Could See “More Blood” as Bitcoin Dominance Reaches Bedrock Support
Bitcoin has been firmly guiding the altcoin market throughout the past week or so, with mid-cap and small-cap cryptos firmly tracking its every move This trend has come about following a period in which these tokens significantly outperformed the benchmark crypto This trend led BTC’s dominance over the aggregated market to plunge lower, and it now appears to have reached a bedrock support level One analyst believes that this support level will allow Bitcoin’s dominance […] дальше »
2020-9-15 23:00 | |
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Bitcoin’s Price Action Shows Similarities to 2016; Pointing to a Bullish 2021
Bitcoin’s price has been flashing some major signs of weakness throughout the past few days, with bears continuing to defend against a break above $10,500 This weakness may soon be coming to an end, however, as buyers have now shattered the selling pressure that previously existed at this level While looking towards the asset’s near-term price action, one analyst explained that he sees some striking similarities to 2016 This comparison is bullish because it suggests […] дальше »
2020-9-15 21:00 | |
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Even After A Drastic Price Correction, This Bloomberg Analyst Thinks Bitcoin Will “Come Out Ahead”: Here’s Why
Bitcoin, the leading cryptocurrency by market capitalization is currently priced at $10. 7k. The asset, which saw its most recent high of $12,050 on the 1st of September 2020 has seen a drastic drop. дальше »
2020-9-15 20:52 | |
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Crypto Market Analysis: 14th September 2020
Whilst US equity markets fell last week due to drops from Big Tech, the European market plodded along and the FTSE All-Share Index rose moderately. Bitcoin and a number of alts remained relatively steady, despite some momentary blips as bitcoin very briefly dipped below the $10,000 level on both Monday and Tuesday. Simon Peters, analyst, […] дальше »
2020-9-15 19:49 | |
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Here’s What Bitcoin’s Strong Weekly Close Says About Its Present Outlook
Bitcoin posted a strong weekly close yesterday afternoon, which is what allowed the cryptocurrency to see an overnight upswing that has led it past multiple crucial levels. While speaking about the digital asset’s price action, one analyst observed that its strong weekly close may continue acting as a launchpad for further upside, noting that bulls […] дальше »
2020-9-15 19:00 | |
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There’s a potential competitor to Ethereum’s Yearn.finance (YFI): DeFi analyst
For months, the term “yield farming” has been a prominent meme in the crypto space, with users of Ethereum’s decentralized finance ecosystem using it incessantly to describe their search for ever-higher yields. дальше »
2020-9-13 14:16 | |
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Bitcoin Cash hits new low vs. Bitcoin as Draper deletes Twitter praise
Bitcoin’s controversial hard fork now buys less BTC than ever before as one analyst warns that buyer support has disintegrated.
дальше »2020-9-13 12:17 | |
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Analyst Who Called Bitcoin’s 2018 Bottom Thinks $11,500 Is Next
Bitcoin has pressed higher after consolidating between $10,000 and $10,500 for five days. The leading crypto asset now trades for $10,550 as of the time of this article’s writing. BTC is far from in the clear due to this being a weekend move. дальше »
2020-9-13 10:00 | |
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A Majority of Investors Think Bitcoin Ends the Year Above $10,000
Bitcoin is currently trading at $10,400 but analysts think the cryptocurrency is poised to slip lower. A majority of investors think that Bitcoin will end 2020 above $20,000. Bitcoin Will End 2020 Above $10,000, Investors Suggest in Poll According to a recent poll conducted by Bitcoin and crypto analyst Chris Burniske, a majority of cryptocurrency investors think BTC will end 2020 above $10,000. дальше »
2020-9-13 00:12 | |
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Here’s Why An Analyst Thinks the Ongoing Bitcoin Rally Is “The Real Deal”
Bitcoin has begun to press higher despite weakness in legacy markets. The price of the leading cryptocurrency is currently at $10,470 despite reaching lows of $9,800 earlier this week; also, altcoins have begun to surge, suggesting that this is once again a buyer’s market. дальше »
2020-9-13 22:24 | |
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Ethereum is About to Make a Big Movement; But Will It Favor Bulls?
Ethereum has been flashing some signs of strength throughout the past few days, with bulls now pushing it back towards its recent highs of $380 The cryptocurrency is slightly outperforming Bitcoin at the moment and does appear to be in a decent technical position One analyst is noting that a confluence of factors seems to suggest that a massive movement is brewing for the cryptocurrency Whether or not this move favors bulls or bears is […] дальше »
2020-9-13 22:00 | |
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Institutions are Growing Increasingly Bullish on Bitcoin Following Drop to $10,000
Bitcoin’s price is now expressing some signs of stability within the lower $10,000 region, with bulls being able to garner some strong support This comes after the cryptocurrency defended its crucial near-term support level at $9,900 on multiple occasions throughout the past week One analyst is now noting that investor fear is at the same level it was at just before the crypto pumped to $12,000 This also comes as institutional investors grow bullish on […] дальше »
2020-9-13 19:00 | |
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This Top Macro Analyst Is Bullish on Ethereum’s Nexus Mutual (NXM)
Ethereum’s decentralized finance space has been catching a lot of attention over the past few weeks. This is for good reason: since the start of the year, the value of tokens locked in DeFi has surged in excess of 1,000%. дальше »
2020-9-12 10:26 | |
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Why An Analyst Isn’t Convinced of Ethereum’s Price Action Despite Rally to $375
Ethereum has pressed higher after falling as low as $310-315 just days ago. The coin now trades for $370 and traded as high as $375-378 just hours ago. The coin is not entirely bullish, though, despite the recovery from the aforementioned lows. дальше »
2020-9-12 07:15 | |
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Why One On-Chain Analyst is Wary About Bitcoin’s “CME Gap” Narrative
One widespread narrative that cryptocurrency investors have been closely watching as of late is regarding Bitcoin’s propensity to fill gaps that are formed on its CME futures chart. Although this trend has proven to hold true in some cases with both Bitcoin and other assets, it is important to note that the narrative is laced […] дальше »
2020-9-12 05:00 | |
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Chainlink is Setting Up for a Move Higher as Bullish Signs Emerge: Analyst
Macro uncertainty within the global markets has had a trickle-down effect, causing Bitcoin to see consolidation and weakness, which has, in turn, led Chainlink and other altcoins to see similar price action. дальше »
2020-9-12 00:00 | |
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Bitcoin is About to Reach a Pivotal Point as Buyers Defend Key Level
It has been a choppy day of trading for Bitcoin and the aggregated crypto market This primarily stems from BTC’s inability to maintain the upwards momentum that was driving it higher yesterday Although losing its momentum is a bear-favoring sign, it is important to note that not too much has changed for BTC from a technical perspective One analyst is noting that the benchmark cryptocurrency is now reaching a pivotal level that will shape its […] дальше »
2020-9-12 21:00 | |
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Why a top analyst says Ethereum DeFi is a bubble that will pop soon
The decentralized finance (DeFi) market has been jeweled with equal parts optimism and suspicion. The post Why a top analyst says Ethereum DeFi is a bubble that will pop soon appeared first on CryptoSlate. дальше »
2020-9-12 14:00 | |
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Scarily Accurate Analyst Thinks Bitcoin Will Hold $10,000, Triggering Strong Growth
Bitcoin has flirted with falling under $10,000 multiple times over the past week. If you take a look at BTC’s recent price action, you will see a series of bottom wicks just below $10,000. This shows that Bitcoin traders do not want the leading cryptocurrency to trade under that pivotal support level. By NewsBTC’s count, […] дальше »
2020-9-11 13:00 | |
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Investment Celebrity Jim Cramer Allegedly Investing in Bitcoin
Popular crypto analyst Anthony ‘Pomp’ Pompliano has claimed to have convinced investment guru Jim Cramer to buy Bitcoin. Cramer’s Mad Money television show has over 200,000 daily viewers, and the announcement did coincide with a small rally—but is Jim Cramer influential enough to galvanize markets? Just convinced @jimcramer to buy Bitcoin. дальше »
2020-9-11 10:46 | |
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A Bearish Reversal in Stock Market May Bleed Bitcoin: Analyst
Bitcoin remains at the risk of losing a part of its yearly gains on a negative stock market sentiment, according to Kevin Svenson. The chart analyst highlighted the S&P 500’s three-day rout this week, adding that if it becomes a “confirmed reversal,” then it would take Bitcoin–and the rest of the cryptocurrency market–lower in tandem. дальше »
2020-9-11 09:54 | |
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Analyst: Ethereum’s Market Structure “Firmly Bearish” as It Remains Below Key Level
Ethereum has seen some intensely positive price action in recent hours, with bulls catalyzing an upswing that led its price to highs of $380 just a couple of hours ago. It did face some intense resistance at this price region, however, and subsequently plunged towards $360. дальше »
2020-9-11 02:00 | |
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Crypto analyst: Ethereum DeFi is a “once-in-a-decade” investment opportunity
The decentralized finance space has grown exponentially over the past few months. The post Crypto analyst: Ethereum DeFi is a “once-in-a-decade” investment opportunity appeared first on CryptoSlate. дальше »
2020-9-11 00:00 | |
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Analyst: Latest Bitcoin Rally Doesn’t Look Like a Bull Run
Bitcoin just crashed from $12,000 to $10,000 in the matter of a few days, and it has since been a battle for bulls to hold ground at $10,000. Unfortunately, bears may end up winning this battle, as the latest rally according to one crypto analyst, doesn’t at all look like a “bull market.” When comparing […] дальше »
2020-9-11 23:00 | |
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This Grim Technical Pattern Suggests Ethereum May Plunge to $240
Ethereum has seen a strong rebound from its recent lows, which has allowed it to outperform Bitcoin and most other digital assets throughout the past day This rebound has led it from lows of $320 to highs of over $380 Bulls are now vying to push the crypto back into the $400 region, which could allow it to reclaim its bullish market structure and see further upside One analyst doesn’t believe this is going to […] дальше »
2020-9-11 23:00 | |
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Bitcoin Could Be Coiling Up for a Move to $11,000 as Bulls Spark Slight Rally
Bitcoin and the aggregated crypto market have been flashing some signs of strength throughout the past day While BTC rebounded hard from its key support at $10,000, ETH was able to climb back up towards the upper-$300 region This marks a notable rise from its recent lows that were set earlier this week Where the market trends in the coming hours and days should provide significant insight into its near-term outlook One analyst is noting […] дальше »
2020-9-11 21:00 | |
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Why This Analyst Believes XRP Will ‘Completely Annihilate Almost Every Other Altcoin’ Once There Is Regulation
Cryptocurrency companies like Ripple have been hula-hooping through regulations for the longest time. The San Francisco-headquartered company which is the single largest owner of the XRP cryptocurrency has made serious efforts to push for a comprehensive regulatory framework for digital assets. дальше »
2020-9-11 20:33 | |
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Bloomberg Analyst Thinks Bitcoin Will “Come Out Ahead” Despite 20% Drop
Both Bitcoin and gold have corrected from their recent highs as the U. S. dollar has bounced. The two assets are tracking each other once again as they become proxies for exposure to downside in the U. дальше »
2020-9-10 13:00 | |
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As Bitcoin Consolidates, Here are the Crucial Levels that Will Determine Its Future
Bitcoin has seen a strong rebound from its recent lows, but the cryptocurrency still remains caught within a firm consolidation phase between $9,900 and $10,300 The benchmark crypto is currently testing the upper boundary of this range, but its momentum is somewhat tempered at the moment and appears to be faltering Whether or not it can push any higher in the near-term may depend almost entirely on how it reacts to $10,300 One analyst is […] дальше »
2020-9-10 02:00 | |
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Analyst: Ethereum Narrowly Avoids Capitulation as Macro Outlook Grows Bright
Ethereum has posted some strong price action throughout the past couple of days, with the cryptocurrency ardently defending against any sharp decline This strength has come about mostly due to the buying pressure found at $320 This price level, and the region directly above it, have helped the crypto to slow its descent and stabilize Bitcoin’s ability to hold above $10,000 has also aided its price action significantly One analyst is now noting that ETH […] дальше »
2020-9-10 23:00 | |
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Bitcoin is Defending a Crucial Macro Level as Bulls Show Signs of Strength
It is growing increasingly clear as to just how important $10,000 is for Bitcoin’s macro price action, as this level has been ardently defended by bulls on multiple occasions BTC has been trading around the level for the past several days, with each dip below it proving to be highly short-lived Bulls’ slight displays of strength whenever the crypto dips below this level are a positive sign for its near-term outlook One analyst is now […] дальше »
2020-9-9 21:00 | |
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Apple (AAPL) Shares Drop 6.7% Following Pessimistic Call from Goldman Sachs Analyst
Coinspeaker Apple (AAPL) Shares Drop 6. 7% Following Pessimistic Call from Goldman Sachs AnalystDespite yesterday’s 6. 7% plunge, Apple (AAPL) stock is up in the pre-market. Now investors want to know whether they need to listen to the pessimistic opinion of the analyst about AAPL shares. дальше »
2020-9-9 15:08 | |
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If Ethereum Doesn’t “Power Above” This Level, Watch Out Below: Analyst
Ethereum, like Bitcoin, has faced a strong correction over the past few weeks. From last week’s highs around $490, the cryptocurrency has dropped around 30%. As of this article’s writing, the coin trades for $335, marginally above the local lows. дальше »
2020-9-9 13:00 | |
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Analyst Gives 3 Reasons Why Bitcoin Could Bounce Back from $10K
As Bitcoin plunged from near $10,500 to below $10,000 within a week, many compared its fall to the one from March 2020. Five months back, a liquidity crisis has caused a severe crash across the global markets. дальше »
2020-9-9 10:48 | |
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Ethereum Continues Finding Strong Support, But Fails to Break Crucial Level
Bitcoin’s inability to push past $10,400 has created a major headwind for the aggregated market This has resulted in ETH’s price plunging towards its key support levels throughout the mower-to-mid $300 region Because Ethereum has grown highly correlated to Bitcoin as of late, where it trends next may depend almost entirely on the benchmark cryptocurrency That being said, one analyst is noting that the strong support ETH has at $320 may be enough to stop […] дальше »
2020-9-9 23:00 | |
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Bitcoin Hammers Key Support Level as All Eyes Continue Watching $10k
Bitcoin has once again faced a massive influx of selling pressure that caused its price to dip back towards its key support at $10,000 The cryptocurrency is navigating beneath this level, which means that it may soon once again test its critical support at $9,900 The multiple tests of this level that it has undergone in recent times seems to indicate that significant downside could be imminent One analyst is noting that a failure to […] дальше »
2020-9-8 21:00 | |
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Top Bitcoin analyst flips bullish after predicting the 20% retracement last week
Since peaking at local highs of $12,075 last week, Bitcoin has experienced a strong drawdown as depicted in the chart below. The post Top Bitcoin analyst flips bullish after predicting the 20% retracement last week appeared first on CryptoSlate. дальше »
2020-9-8 17:00 | |
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