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Bitcoin Bulls Defend Critical Support; Here’s Where it May Go Next

Bitcoin saw a notable drawdown yesterday that came about after bulls once again failed to break the $12,000 resistance level This led BTC to lows of $11,200 that were ardently guarded by its buyers, and it has since bounced slightly The ongoing bounce likely marks bulls attempt to regain control over the digital asset Analysts are noting that it may be well-positioned to see further upside now that it has confirmed the lower-$11,000 region as […] дальше »

2020-8-13 21:00


$500M Liquidated: Bitcoin Slides to Crucial Level Following Overnight Volatility

Bitcoin bore witness to some intense overnight volatility that came about after it hit highs of $12,000 From this point, the cryptocurrency decline to lows of $11,000 before finding some strong support Despite buyers protecting this level, its inability to post any type of strong bounce here does seem to be a negative sign for the cryptocurrency The sharp cliff formed as a result of the overnight selloff also led to massive liquidations amongst buyers […] дальше »

2020-8-3 19:00


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Prominent Investment Strategist Gives 3 Reasons to Buy Bitcoin

Despite Bitcoin’s strong bounce from the March lows of $3,700, some remain decisively bearish on the leading cryptocurrency. Take Peter Schiff, for instance. The prominent gold bull and cryptocurrency skeptic recently wrote that he thinks the asset will soon break below $9,000, arguing that Bitcoin remains in the midst of a brutal bear market. дальше »

2020-7-17 15:00


Analyst Who Predicted Bitcoin’s V-Shaped Reversal at $3,700 Is Bullish

It’s been a tough past few weeks for the Bitcoin market. Some are skeptical that the cryptocurrency is in a bull trend after BTC has sustained multiple rejections at $10,000. Yet a trader that nailed a bold prediction remains optimistic, sharing a number of signals indicating imminent upside. Bitcoin Could Soon See a Bounce, Says […] дальше »

2020-7-4 00:00


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Ethereum Narrowly Avoids a Breakdown; Here are the Levels to Watch

Ethereum and the entire cryptocurrency market faced some turbulence yesterday as Bitcoin declined beneath its range lows of $9,000 This movement proved to be short-lived, as the buying pressure found here quickly propelled the cryptocurrency back up into its long-held trading range Although this hasn’t provided the markets with any clear direction, it did allow ETH to narrowly avoid posting a major breakdown The second-largest crypto was able to bounce at a critical support level, […] дальше »

2020-6-26 23:00


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Here’s Why Bitcoin’s Large Transaction Count Has Slid 8% Over the Past Week

Bitcoin saw a sharp bounce into the $9,000 region overnight following a multi-day bout of consolidation within the $8,000 region The cryptocurrency now appears to have reached a “decision point” and where it trends from here could set the tone for where it goes in the coming weeks The current unclarity surrounding BTC’s mid-term trend has coincided with a massive decline in large transaction counts, signaling that large traders and investors are increasingly moving to […] дальше »

2020-5-28 21:00