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Bitcoin in “Golden Accumulation Zone” After 20% Plunge: Analyst
It may be the best time for Bitcoin traders to refill their crypto bags now that the asset trades near its multi-week lows, according to analysts at Phi-Deltalytics. The chart analysis portal stated that Bitcoin is in a “golden accumulation zone,” citing a string of fundamental and technical catalysts that could propel the cryptocurrency’s price higher. дальше »
2020-9-8 11:00 | |
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Why An Analyst Thinks Bitcoin Is “OK” as Long as This Level Holds
Bitcoin has undergone a strong correction over the past few days. The cryptocurrency, after peaking near $12,100 last week, reached a low of $9,800 over the past few days. Bitcoin has since undergone a bounce, with the coin now trading at $10,400 as of this article’s writing. дальше »
2020-9-8 04:00 | |
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Analyst: Ethereum Poised to Dip to $270 as Selling Pressure Mounts
Ethereum has been fully exposed to the weakness seen by Bitcoin and the aggregated crypto market today This has caused it to post some notable losses, with its price reeling down to lows of $325 earlier this morning before bears lost some of their momentum and the crypto rebounded back above $330 Despite some slightly positive price action seen this morning, one analyst is still noting that the likelihood of a decline down towards the […] дальше »
2020-9-8 23:00 | |
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Current Bitcoin Pullback Unlike 2018 Bear Market – Analyst Explains Why
Bitcoin has been on a continuous downtrend in the last 48 hours, losing 5% in just 24 hours. This has led to panic across the crypto community as uncertainty looms. Several key levels have been broken for several cryptocurrencies and Bitcoin isn’t left out. дальше »
2020-9-7 12:52 | |
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Why a Historically Accurate Analyst Thinks It’s Unwise to Short Bitcoin Now
Bitcoin has crashed 20% in the past four days as bears have finally begun to sell the cryptocurrency after a notable rally. BTC now trades for $10,300 after hitting a local low of $9,800. Analysts remain optimistic about BTC’s prospects. дальше »
2020-9-7 05:03 | |
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Chainlink Posts Relief Rally, But One Analyst is Still Expecting $5.00; Here’s Why
Chainlink saw a massive decline earlier this week that sent its price plunging to lows within the sub-$10. 00 region. The cryptocurrency is beginning to show some signs of strength as it rebounds from these lows, with its recent lows starting to look increasingly like a long-term bottom. дальше »
2020-9-7 04:00 | |
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Ethereum Taps Key Resistance as Analysts Watch for Rebound to Falter
Ethereum has posted a strong rebound from its recent lows, with bulls pushing the cryptocurrency up to highs of $360 earlier today This upswing proved to be short-lived, and the cryptocurrency has since been rejected at this level Nonetheless, today’s price action has signaled that ETH’s sub-$320 lows may ultimately mark a long-term bottom that is followed by further upside While speaking about this, one analyst explained that although today’s rebound has been strong, it […] дальше »
2020-9-6 22:00 | |
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Analyst PlanB Predicts Bitcoin Price Could Multiply 3X From The $288,000 Stock-to-Flow Price By 2024
The bitcoin price has been heading south in recent days. Nonetheless, quantitative analyst PlanB, the creator of the popular bitcoin stock-to-flow models, predicts that BTC could parabolically grow 3X from the $288K that the model currently projects. дальше »
2020-9-6 19:33 | |
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This Historically Accurate Analyst Thinks This Is Next for Bitcoin
Bitcoin has undergone a strong correction, falling around 20% from its year-to-date highs over the past few weeks. Analysts are divided over what comes next for the cryptocurrency. Many say that Bitcoin is poised to correct because the U. дальше »
2020-9-6 04:57 | |
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Ethereum May Dive to $295 as Bears Strike a Blow to Its Market Structure
Ethereum has seen some intense selling pressure throughout the past few days, which reached a boiling point overnight when its price declined to lows of $330 The cryptocurrency is now stabilizing following this movement, but sellers appear to be stepping up and catalyzing further selling pressure One analyst is now noting that ETH could decline as low as $295 in the near-term This downside movement may come about as a result of the selling pressure […] дальше »
2020-9-6 22:00 | |
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Why Chainlink’s Price Could Drop Further As Network Usage Declines
The cryptocurrency market has been on a decline for most assets. While the dip is mostly a shock to most, it seems there is a rational explanation for Chainlink’s downward trend. According to an analyst Timothy Peterson, the dip is likely to worsen because of a recent decline in the use of the Chainlink network. […] дальше »
2020-9-5 17:24 | |
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Bitcoin Price Could Leap To $500,000 Or Crash To Zero, Says Bloomberg Analyst
On September 1, the bitcoin price hit $12,000 again for the fourth time since August 2, sparking a lot of optimism among investors. This was, however, followed by a fierce sell-off as bitcoin corrected towards 11,000. дальше »
2020-9-5 11:01 | |
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Data Shows “Smart Money” is Looking to Buy Bitcoin at $8,800
It has been a rough past couple of days for Bitcoin and the rest of the crypto market, with bears forcing BTC to dive as low as $10,000 The support found just below this price region was significant, as BTC quickly bounced and ran back towards the upper-$10,000 region Bulls and bears have since reached an impasse, with the cryptocurrency consolidating as it attempts to garner some clearer directionality in the near-term One analyst is […] дальше »
2020-9-5 21:00 | |
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Bitcoin is Worthless in Long-term, Says Veteran Stock Analyst
Bitcoin may have rallied better than global stocks in 2020, but a veteran analyst still looks at the cryptocurrency as an asset without any value. James Royal, senior reporter for investing and wealth management at Bankrate – a New York-based financial advisory portal, called Bitcoin worthless in the long-term because it does not generate cash flow […] дальше »
2020-9-4 14:00 | |
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Here’s Why An Analyst Is Eyeing a Bitcoin Drop Toward $9,750
Bitcoin sustained a strong drop on Thursday after peaking at $12,000 earlier this week. The leading cryptocurrency now trades for $10,300, having collapsed around 15% from the local highs. BTC closed its daily candle below pivotal support levels, a technical signal that does not bode well for bulls. дальше »
2020-9-4 11:00 | |
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Analysts Set Their Sights on a Move to $9,600 as Selling Pressure Mounts
Bitcoin has been facing unusually strong selling pressure throughout the past few hours, which appears to be coming from multiple large mining pools This caused the price of BTC to crater, dropping as low as $10,700 before finding some support that allowed it to climb significantly higher One analyst is now noting that this latest decline struck a blow to its technical outlook, leading him to set his sights at $9,600 A decline to these […] дальше »
2020-9-4 02:00 | |
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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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Long-Term Fundamentals Signal Robust Crypto Bull Market Fueled by Reckless Money Printing, Defi
A robust cryptocurrency bull market is in the making, a Weiss Crypto Ratings analyst explained. Citing central banks’ “reckless money printing policies” and “the explosion in Defi innovation,” he sees long-term fundamentals favoring cryptocurrencies despite some short-term selloffs. дальше »
2020-9-4 22:35 | |
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Hedge Asset Prices Don’t Predict Inflation, Says BOE Analyst
The price of gold and other store-of-value assets are not good indicators of inflation, according to one Bank of England (BOE) analyst. Gertjan Vlieghe, previously a Deutsche Bank AG bond expert, told officials that elevated gold prices do not offer a predictive capability. дальше »
2020-9-3 13:00 | |
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Bitcoin Analyst Who Accurately Foresaw Feb Crash Says $9.8K is Next
Bitcoin is going to fall to $9,800, according to a pseudonymous analyst. The prominent daytrader cited the formation of a Head and Shoulder pattern behind his bearish analogy. In retrospect, H&S is a technical pattern described by three peaks. дальше »
2020-9-3 10:25 | |
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Here’s How Low One Analyst Expects Bitcoin to Plunge in the Mid-Term
It has been a rocky past few days for Bitcoin, as the benchmark cryptocurrency dropped as low as $11,100 following yesterday’s surge to highs of $12,200 This weakness came about in the form of a slow descent down to $11,700, which is the point at which it incurred a massive inflow of selling pressure Bulls were able to defend its $11,100 support, and where it trends next may depend largely on whether or not it […] дальше »
2020-9-3 02:00 | |
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Here’s Why This Top Analyst Expects Band Protocol (BAND) to Reach New Highs
Band Protocol was an early winner in the DeFi craze, posting massive gains throughout August based on a combination of hype for oracle tokens, integration news, and exchange listings. This allowed it to surge from the lower-$2. дальше »
2020-9-3 00:00 | |
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Tesla Lays Out New Plan to Sell $5 Billion Worth of Its Stocks to Further Its Course
Coinspeaker Tesla Lays Out New Plan to Sell $5 Billion Worth of Its Stocks to Further Its CourseTesla plans to sell its stocks worth $5 billion through banks. Wedbush analyst Dan Ives called this idea a “smart move”. дальше »
2020-9-2 11:54 | |
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Why Bitcoin Could Soon Return to Monday’s Price Levels After $12k Test
Bitcoin is looking to retest $11,760 as support, a cryptocurrency analyst recently shared. He made these comments as BTC/USD showed signs of an extended downside correction a day after retesting $12,000 as a level of resistance. дальше »
2020-9-2 09:58 | |
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Bitcoin Shows Signs of Strength, But These Factors May Bolster Bears
Bitcoin is currently attempting to break above $12,000, with the cryptocurrency rallying towards this level as Ethereum sets fresh 2020 highs at $475 BTC’s current strength has yet to lift it past the key resistance it faces in the near-term at this level A failure to surmount it would be grim for its near-term outlook, and potentially spell serious trouble for where it goes next One analyst believes that there are a few factors that […] дальше »
2020-9-2 02:00 | |
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Analyst: Ethereum May Target $650 After Invalidating Signs of Bearishness
Ethereum and the entire crypto market have shown some signs of strength today This has allowed ETH to push up towards $500, with the cryptocurrency rallying to highs of $475 before seeing some stalling momentum Analysts don’t believe that this ongoing upsurge is anywhere close to being completed One trader noted that his bearish scenario for ETH has now been invalidated, suggesting that further upside could be imminent Another trader is now setting his sights […] дальше »
2020-9-2 23:00 | |
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Why This Pundit Sees Bitcoin’s Market Cap Surpassing Apple’s Within 7 Years
A pro-Bitcoin crypto analyst Timothy Peterson says Bitcoin’s market cap is “likely” to surpass that of Apple, S&P 500’s stock with the most eminent market cap within 7 years from now. This is based on Bitcoin’s trend of growth in the last ten years. дальше »
2020-9-2 20:30 | |
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DeFi bubble still growing fast, data from Twitter analyst shows
The crypto space knows how big bubbles can grow.
дальше »2020-9-1 19:30 | |
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DeFi Boom May Be “Kindling” For “Bitcoin Pump” That Nukes Altcoins: Analyst
As Bitcoin has consolidated between $11,000 and $12,000 over the past month, altcoins have surged. Many top altcoins have gained dozens of percent, resulting in a drop in the DeFi dominance. The gains have been centralized in DeFi-centric altcoins, which have easily outperformed BTC. дальше »
2020-9-1 15:00 | |
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As YFI Breaks Bitcoin’s All-Time High Level, Messari Analyst Says It Could Very Well Reach $1 Billion And Here’s Why
YFI is the latest Ethereum-based DeFi to take the crypto space by storm. Within two months of launching, the yearn finance native token has become the number one yield farming protocol in the crypto market. дальше »
2020-9-1 11:15 | |
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Virgin Galactic (SPCE) Stock Up 1% after Bullish Call by Cowen Analyst Oliver Chen
Coinspeaker Virgin Galactic (SPCE) Stock Up 1% after Bullish Call by Cowen Analyst Oliver ChenThe bullish call on SPCE stock comes despite the Virgin Galactic’s operations having been severely affected by the ongoing coronavirus pandemicVirgin Galactic (SPCE) Stock Up 1% after Bullish Call by Cowen Analyst Oliver Chen дальше »
2020-8-31 19:44 | |
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Analyst Expects Bitcoin to Dump Towards $10.5K or Lower
An overnight jump in the Bitcoin price Sunday may not put the asset en route to higher levels this week. That is because of a lower weekly open, says a pseudonymous Twitterati. The analyst notified his followers about an early morning Bitcoin move on Monday – a sell-off that pushed the cryptocurrency lower from its Sunday high at $11,716. дальше »
2020-8-31 07:58 | |
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Ethereum to Post Bullish Weekly Close; Will This Invalidate Its Weakness?
Ethereum has expressed some signs of immense strength today, with its buyers catalyzing a sharp upwards movement that has allowed it to surge towards $420 The cryptocurrency’s momentum is leading it into its daily and weekly candle close with a strong market structure Analysts believe that this will be enough to help propel the crypto higher in the days and weeks ahead One analyst is noting that although ETH may face some resistance at $430, […] дальше »
2020-8-31 22:00 | |
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Why This Analyst Doesn’t See Ripple’s XRP Hitting $1 Anytime Soon
An investment analyst, Timothy Peterson says Ripple’s XRP is not likely to reach $1 and much less likely to reach $10. The analyst who uses value estimates to project the future performance of digital assets based on adoption and user interest said the number of users on its network isn’t improving, which means that XRP […] дальше »
2020-8-31 17:41 | |
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Analyst: Ethereum Likely to Plunge Towards $320 After Tapping This Key Level
Ethereum has been closely tracking Bitcoin’s price action throughout the past few weeks, although it has been able to outperform the crypto in recent days The cryptocurrency is currently trading up significantly from recent lows of $379 that were set during its recent selloff While BTC remains below its pre-selloff highs, Ethereum has been able to surge past them Despite this strength, analysts are still noting that the crypto may plunge into the lower-to-mid $300 […] дальше »
2020-8-30 22:00 | |
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On-Chain Analysis Suggests There Are Few Bitcoin Sellers Preventing a Rally
Bitcoin has seemingly entered no man’s land, with the price ping-ponging between $11,000 and $12,000. A top analyst has corroborated this sentiment, recently noting that neither his bull nor bear case has been confirmed. дальше »
2020-8-29 10:00 | |
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Here’s Why an Analyst Thinks Bitcoin Will Hit $12,000 Next Week
Bitcoin has pressed higher after the 3-4% correction on Thursday. As of this article’s writing, the asset trades for approximately $11,500. While this is above a notable price point already, analysts think that Bitcoin will extend its gains in the near future. дальше »
2020-8-29 04:53 | |
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This Support May Launch Ethereum to $500, But Signs of Weakness Remain
Ethereum has seen a strong rebound from its daily lows. This has allowed it to climb into the $390 region This upsurge came about in tandem with that seen by Bitcoin and most other major cryptocurrencies This market-wide movement has allowed cryptocurrencies that were battered by yesterday’s downturn to erase virtually all of their recent losses For ETH, one analyst is now setting his sights on a movement up towards $500 in the near-term That […] дальше »
2020-8-29 23:00 | |
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Next Bitcoin Leg Up Could “Overshoot” $15K, $12K Wont Hold Back Rally
Bitcoin price is currently holding above important weekly support. With just three days left for the weekly close, the next few days are critical. If the cryptocurrency can break through, $12,000, which one analyst claims won’t hold much longer, the next leg up could “overshoot” most targets and touch $15,000. But although that outcome is […] дальше »
2020-8-29 20:00 | |
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Bitcoin “Kills” Gold on a Risk Adjusted Basis: Macro Analyst
Bitcoin’s recent price action has scared analysts. The cryptocurrency slipped around 3% even after Jerome Powell announced higher inflation expectations/targets. Gold has also moved lower, shocking investors thinking scarce assets only move up in the ongoing macro environment. дальше »
2020-8-28 13:00 | |
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Triple Repeat Fractal on Bitcoin Chart Hints Dip towards $10K
A triple repeat fractal warning on Bitcoin (Symbol: BTCUSD) hourly chart is pointing to a major price dip towards $10,000. First spotted by an analyst at 100eyes, an automated crypto trading scanner, the fractal shows Bitcoin in a deja-vu downtrend. дальше »
2020-8-28 11:45 | |
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Analyst: it’s “scary” how much of DeFi runs on Tether and USD Coin
Decentralized finance (DeFi) has seen a massive explosion over recent weeks and months, reaching a total value locked of $7.13 billion according to DeFi Pulse. The post Analyst: it’s “scary” how much of DeFi runs on Tether and USD Coin appeared first on CryptoSlate. дальше »
2020-8-28 10:00 | |
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Bitcoin’s Critical Support is Degrading, and It’s Bad for Altcoins
Bitcoin is currently struggling to garner any notable upwards momentum as its price drifts towards its key support at $11,000 Sellers have been in firm control of its trend throughout the past several days and weeks Where it trends in the near-term will likely depend almost entirely on whether or not bulls can continue defending against a decline below $11,000 One analyst is noting that a key technical support level that was bolstering BTC is […] дальше »
2020-8-28 21:00 | |
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Analyst: Tether (USDT) may be doing more to skirt capital controls than Bitcoin
On Crypto Twitter and in the media, Bitcoin is touted as the one way through which anybody in the world can reliably skirt capital controls. The post Analyst: Tether (USDT) may be doing more to skirt capital controls than Bitcoin appeared first on CryptoSlate. дальше »
2020-8-27 14:00 | |
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Here’s Why This Historically Accurate Analyst Thinks Bitcoin is In No Man’s Land
Bitcoin has flatlined in the mid-$11,000s over the past few days. Some say that this formation is bullish as BTC remains above the $10,500 support. A historically accurate analyst thinks that Bitcoin may technically be in no man’s land. дальше »
2020-8-28 13:00 | |
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Bitcoin to Retest This Level Before Jumping Towards $12K, Says Analyst
Bitcoin stands stuck between equally adamant buyers and sellers in the past three weeks, with its price going nowhere as a result. The benchmark cryptocurrency fell towards its monthly support near $11,120 on Wednesday after failing to break above $11,880. дальше »
2020-8-27 10:28 | |
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This Fractal Suggests Ethereum May Rally Past $500 Before Plunging Lower
Ethereum is struggling to maintain the slight momentum it found yesterday after its price reeled down to lows of $370 After bouncing up towards $390, bulls started facing faltering momentum that ultimately led the asset’s price back down towards sub-$380 Because Bitcoin is currently expressing signs of weakness, it remains incredibly unclear as to where the market may trend in the near-term One analyst is pointing to a strikingly accurate fractal for guidance, which shows […] дальше »
2020-8-27 23:00 | |
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