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Can Bitcoin Price Eclipse $10k Before Halving? Here’s What Analysts Think Will Happen

Bitcoin on April 29, reached the $8,000 mark for the first time since Mid-March and a vital factor behind the surge is attributed to the incoming halving event. The Bitcoin halving event has a proven track record of spiking the price value of the digital coin pre and post-event as Bitcoin has seen unprecedented rises […] дальше »

2020-5-4 17:04


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Ethereum Remains Trapped Beneath Key Level as Traders Flee Market

Ethereum has seen some tempered overnight gains in tandem with Bitcoin and many other cryptocurrencies It still remains trapped beneath a key resistance level, however, and analysts are cautious about being too bullish on ETH until this level is firmly surmounted This comes as the crypto’s open interest dives, signaling that traders are fleeing the market as its price movements become driven by retail investors and spot traders Ethereum has seen some relatively boring price […] дальше »

2020-5-2 23:00


Top Technical Analyst Claims Latest Bitcoin Engulfing Candle Isn’t Bullish

Last night’s Bitcoin monthly April candle closed as a bullish engulfing, often considered a reversal candle by traders and analysts. Bulls must beware, however, as one of the most respected top technical analysts recommends not trading this setup when the primary trend is down, as more often than not it leads to another devastating crash.... дальше »

2020-5-1 19:00


Chainlink Nears Key Support After Being Battered by Overnight Decline

Although Chainlink has been one of the most bullish cryptocurrencies throughout 2019 and 2020, its short-term price action has lagged against that of Bitcoin and many of its other peers. The crypto is flashing some signs of immense short-term weakness after its bullish divergence was “destroyed,” leading some analysts to now watch for a significant... дальше »

2020-5-1 02:00


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Here’s Why Bitcoin Could Rally to $10,000 Before Seeing a Brutal Decline

Bitcoin’s intense volatility seen yesterday didn’t let up overnight, as the benchmark cryptocurrency pushed as high as $9,500 before facing a swift rejection The crypto has been able to stabilize within the upper-$8,000 region in the time since Analysts are now noting that this strong upwards momentum could lead BTC as high as $10,000, although it may face a brutal rejection at this level that leads it significantly lower Bitcoin and the aggregated cryptocurrency market […] дальше »

2020-5-1 21:00


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Bitcoin Just Shattered an “Optimal Short” Level; Here’s What This Means

Bitcoin saw a surprising overnight surge that allowed the cryptocurrency to capture a position within the $8,000 region This movement came about after an extended period of consolidation and multiple firm rejections at $7,800 BTC’s present momentum may not last too long, however, as the crypto is fast approaching a level that analysts are describing as an “optimal short” due to the resistance that has been established here Bitcoin’s intense uptrend from its recent lows […] дальше »

2020-4-30 21:00


XRP Spikes 9% as Japan’s 2nd Largest Bank Takes Stake in Ripple Partner SBI Holdings

XRP is today’s leading high market cap cryptocurrency, having gained 9% over the last 24-hours. This comes as the rest of the crypto markets continue to move sideways. Analysts have attributed this to a collaboration deal, which sees Japan’s second-largest bank, the Sumitomo Mitsui Financial Group (SMFG) take a stake in an SBI Holdings company.... дальше »

2020-4-29 15:48


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Bitcoin’s Implied Volatility Craters after Bears Fire “Warning Shot”

Bitcoin’s implied volatility has cratered in recent times, plummeting back to its pre-crash levels This comes as the cryptocurrency continues extending its intense uptrend as bulls attempt to propel BTC back up towards the $8,000 region Bears have firmly established the upper-$7,000 region as a strong resistance region, and analysts don’t expect it to be surmounted anytime soon Bitcoin has continued extending its recent uptrend despite facing multiple strong rejections at $7,800 yesterday. One trend […] дальше »

2020-4-28 02:00


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Ethereum’s Aggressive Bids are Dissolving as Buyers Grow Weak

Ethereum has seen a slight rejection from its recent highs in the time following its decline from just below $200 Analysts are noting that there are multiple separate technical factors that point to an imminent breakdown One such factor is a major decline seen in the cryptocurrency’s buying pressure, which has been dissolving throughout the past several days and weeks Ethereum has been closely tracking the price action seen by Bitcoin in recent times. This […] дальше »

2020-4-28 23:00


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Bitcoin Could Soon Break its 200-Day MA, Triggering Next Uptrend

Bitcoin has been able to once again push into the upper-$7,000 region after facing multiple rejections here throughout the past few days The cryptocurrency is pushing up against its 200-day moving average – a key trend-determining level A break above this 200-day MA could spark a major upside movement, with some analysts thinking this is imminent After facing multiple harsh rejections within the upper-$7,000 region throughout the past couple of days, Bitcoin has been able […] дальше »

2020-4-28 21:00


Analyst: this statistical model says there’s a 75% chance Bitcoin rallies even higher next week

Yes, the price of Bitcoin may have stalled over the past three days, stagnating around $7,500, but the cryptocurrency is still decisively bullish from a macro perspective, analysts say. In fact, should BTC close the weekly candle above $7,100 in approximately seven hours as of this article’s writing, this will be the sixth — yes, […] The post Analyst: this statistical model says there’s a 75% chance Bitcoin rallies even higher next week appeared first on CryptoSlate. дальше »

2020-4-28 17:00


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Ethereum Showing Signs of Tiredness as Analysts Expect Underperformance

Ethereum is in the process of surmounting the key $200 resistance level as its bullishness grows The cryptocurrency’s rebound from its March lows has been intense, although analysts are noting that a strong pullback could be in the cards This comes as traders note that they anticipate ETH to underperform Bitcoin in the days and weeks ahead Ethereum is now in the process of rallying up to $200, marking a significant extension of the momentum […] дальше »

2020-4-26 22:00


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Could Bitcoin’s Next Halving Be a ‘Non-Event’ Compared to 2016?

With less than three weeks to go until the next highly-anticipated Bitcoin halving, cryptoasset markets are still in a weakened state leading analysts to suggest it could be a total ‘non-event.’ Bitcoin prices have climbed to another weekly high this week, but markets still remain generally bearish as technicals are still painting a downtrend on longer […] The post Could Bitcoin’s Next Halving Be a ‘Non-Event’ Compared to 2016? appeared first on BeInCrypto. дальше »

2020-4-25 00:10


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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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It’s Decision Time for Ethereum as Analysts Eye Full Retrace of Uptrend

Ethereum has been hit hard by the recent market-wide downtrend Analysts now expect ETH to surrender all of the gains that it posted over the past couple of weeks Ethereum has been particularly impacted by the crypto market’s recent downturn, with the second largest cryptocurrency erasing the vast majority of the gains that were incurred as the result of its recent uptrend seen last week. дальше »

2020-4-22 23:00


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Bitcoin Enters Multi-Year Trading Range as Mixed Signals Flash

Bitcoin has stabilized above $6,800 after its recent dip below $7,000 It has now entered what appears to be a historic trading range that has been developed over many years Analysts are noting that the crypto is now sending mixed signals with regards to where it might trend next In the time following Bitcoin’s intense decline below $7,000 yesterday, the benchmark cryptocurrency has since been able to stabilize above its near-term support at $6,800. It […] дальше »

2020-4-22 21:00


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Bitcoin Likely on Verge of a Full-Blown Bull Run: On-Chain Analytics

Since the $3,700 bottom seen in the middle of March, Bitcoin has rocketed higher, rallying as high as $7,470 in an impressive fashion. While impressive, the cryptocurrency is not yet in a full-blown bull run, with there existing a confluence of resistance overhead the BTC price, analysts are gaining confidence a bull run is near. дальше »

2020-4-16 04:00