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This Technical Structure Signals Bitcoin is Coiling Up for a Major Downside Break

Bitcoin does not appear to be in a good position at the present moment Bears are currently attempting to push it below its long-held support at $9,000 This comes just a week after the crypto posted two consecutive rejections at $9,400 Its inability to push higher coupled with mounting selling pressure suggests downside could be imminent Analysts concur with this notion, with one pointing to a technical structure as a reason why he is anticipating […] дальше »

2020-7-17 02:00


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This Indicator Shows Bitcoin Hit a Pivotal Level; Why Bulls Are in Control

Bitcoin has extended its newfound consolidation phase as it trades around $9,200 Both its bulls and bears have reached an impasse, with neither group being able to catalyze any clear momentum It now appears that BTC is positioned to see further sideways trading in the near-term, but one indicator is showing that the tides are shifting into bulls’ favor This comes as the crypto’s “Unspent Bitcoin Map” signals that there is massive support hovering just […] дальше »

2020-7-12 19:00


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Bitcoin is Coiling Up for a Massive Downside Movement; Here’s Why

Bitcoin is now inching down towards its crucial near-term support at $9,000, with bears placing enough selling pressure on the crypto to jeopardize its consolidation phase BTC has broken below this level on previous occasions, although each journey into the upper-$8,000 area has proven to be short-lived There now appear to be multiple signs suggesting that BTC is preparing to make a massive downside movement This move, should it happen in the near-term, could pierce […] дальше »

2020-7-6 19:00


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Bitcoin Continues Closing Below a Crucial Level, Boosting Bears

Bitcoin has remained caught firmly within its long-held consolidation phase, with both its buyers and sellers being unable to catalyze any sharp momentum in either direction It is important to note that unlike weeks past, BTC is now consolidating just above its crucial support level at $9,000 This seems to be a sign of overt weakness, and could hurt buyers should the crypto begin inching lower Analysts are now noting that Bitcoin has been consecutively […] дальше »

2020-7-2 21:00


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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 Forms Ascending Channel, But Bears Aren’t Out of the Woods Yet

Ethereum, like Bitcoin, has been able to recapture its previous trading range and put some serious distance between its current price and its recent lows The crypto market has been able to see a swift recovery from the overt weakness seen yesterday This, to many bulls, seemed to confirm that the market is well poised to see further upside in the days and weeks ahead In the case of Ethereum, the crypto now appears to […] дальше »

2020-6-17 23:00


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Whale Numbers Spring Up, Revealing Positive Market Sentiment For Bitcoin $10K Breakout

Another heavy brushoff from $10,000 is making investors and traders uncomfortable as Bitcoin continues waning, currently trading at $9,400 at the time of writing. Clearly, all the rejections are not exactly a good thing for Bitcoin’s sentiment, however, it’s notable that bears aren’t getting an extensive correction. BTC has lost the daily 12-EMA and the […] дальше »

2020-6-13 14:59


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Ethereum is Coiling Up to Make a Big Movement; Here’s Why it May Favor Bears

Ethereum, like Bitcoin, has been caught within a long-held bout of sideways trading over the past week This consolidation has made it increasingly unclear as to which direction it will trend next It has largely come about as a result of the lackluster price action seen by Bitcoin in recent times Analysts do believe that ETH could be poised to see some notable downside if it is unable to push higher in the days and […] дальше »

2020-6-11 23:00