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Indicator Shows Bitcoin is “Overbought” as Average Investor Profit Hits 115%

Bitcoin may be forming a mid-term top around its recent highs, with the multiple rejections posted at $13,800 not bearing too well for its short-term outlook The cryptocurrency remains caught within a potent uptrend, but this level is proving to be incredibly difficult for bulls to break If they continue failing to find any stability around this level despite the bullish monthly candle close, it could point to weakness amongst buyers One analytics firm is […] дальше »

2020-11-3 02:00


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Ethereum Fails to Post Bullish Monthly Close, Opening the Gates for Downside

Ethereum’s trend of underperformance against Bitcoin has persisted and is showing few signs of changing anytime soon The cryptocurrency has been unable to match the strength seen by BTC over the past few weeks, and it is still trading below its key $400 resistance level Where it trends in the near-term depends largely on Bitcoin’s reaction to $14,000, as a break above this level could send the entire market flying higher One analyst is now […] дальше »

2020-11-1 22:00


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Bullish Trend: Chainlink’s Top Investors are Accumulating at a Rapid Pace

Chainlink’s price action has been rather lackluster as of late, with its price lacking a clear trend as it consolidates alongside Ethereum and the rest of the crypto market. However, there’s a strong possibility that this will soon shift as Bitcoin’s ongoing uptrend will eventually lead to a capital rotation even that causes significant inflows […] дальше »

2020-11-1 04:00


Hedge Funds Widely Flip Short on Bitcoin Despite Blatant Breakout

Bitcoin has been caught within the throes of an intense uptrend throughout the past few weeks This has led its price to post massive gains, with bulls now vying to post a monthly close above $13,800 for the first time Although this would mark the highest monthly close ever seen by BTC – which would be undeniably bullish – not everyone is convinced Data from the latest Commitment of Traders report from the CME shows […] дальше »

2020-11-1 01:00


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Bitcoin is About to Post Its Highest Monthly Close Ever as Bulls Roar

Bitcoin has seen a strong upsurge throughout the past few hours that allowed it to break above its previous $13,800 resistance level The selling pressure here has proven to be significant on multiple occasions throughout the past year, and today’s break above this level is extremely bullish One trader is now noting that the cryptocurrency is about to see its highest monthly close ever if it can hold above $13,863 A strong break above this […] дальше »

2020-11-1 19:00


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Switzerland: Major Russian Bank Gets Crypto Custody Approval from FINMA

Major private-owned Russian bank is going all-in on Bitcoin. Gazprombank Bets Big on Bitcoin In a major bullish development for the wider cryptocurrency market, major private-owned Russian bank Gazprombank recently received the regulatory green light to launch cryptocurrency custody services via its Swiss subsidiary. дальше »

2020-11-1 02:00


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Ethereum’s Macro Outlook is “Ultra Bullish” Despite Recent Turbulence

Ethereum has been closely tracking Bitcoin’s price action throughout the past couple of days This has caused it to see a notable selloff, with bulls and bears now reaching an impasse as it trades just above its crucial $380 support level A continued defense of this level is key if bulls want to fuel a move higher in the near-term One analyst is now noting that the cryptocurrency’s macro outlook is ultra-bullish despite the recent […] дальше »

2020-10-30 23:00


This Trend Suggests Bitcoin is Extremely Bullish Despite Recent Selloff

Bitcoin saw a strong overnight selloff that caused its price to erase most of the gains incurred throughout the past couple of days This selloff came about at a crucial resistance level, with the selling pressure at $13,800 proving to be significant This is a historical level, as it is where BTC rallied to before facing a strong rejection in the summer of 2019 The rejection here was grave, but the cryptocurrency still has multiple […] дальше »

2020-10-29 21:00


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The most bullish predictions signaling Bitcoin’s next price point

Bitcoin, the most valued cryptocurrency since its creation has been the topic of discussion in the cryptocurrency market for weeks now. Since the cryptocurrency broke above the $10,000 mark, which it has since been dabbling between, the perceived bull run began to make headlines as analytical predictions have increased in their numbers. The majority is […] дальше »

2020-10-30 19:55


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Chainlink Significantly Extending Its Price Gap With Other Oracle Projects

Chainlink is currently ranked 6th by market capitalization on Coinmarketcap. The digital asset had an all-time high of $20 on August 16, 2020, reaching a market cap of around $7 billion. According to several analysts, the current setup of LINK seems to be extremely bullish in both short and long-terms. This Twitter user discussed the […] дальше »

2020-10-27 11:06