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How The Xi Pump of 2019 Backs Up Bitcoin Bearish Retest Theory
Several signs now suggest that Bitcoin’s recent pump to $11,000 that failed to hold could have been a bearish retest and rejection from support turned resistance. And while a bullish retest taking place at the same time has buyers confident, price action closely resembling last year’s Xi pump could be bad for the cryptocurrency. Bitcoin […] дальше »
2020-9-18 23:00 | |
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Bitcoin Faces “Weak” Selloff as Buyers Gear Up for a Push Higher
Bitcoin’s price has stabilized following its recent bout of intense volatility This turbulence mostly favored bulls, as the crypto was able to rally as high as $11,100 before facing some heavy resistance that slowed its ascent Analysts are now widely noting that it may be poised to see some further weakness in the near-term That being said, the tempered reaction to the strong selling pressure in the lower $11,000 region does seem to be a […] дальше »
2020-9-18 21:00 | |
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Bitcoin (BTC) edging higher as nearly 100,000 coins are locked in DeFi
Bitcoin (BTC) price is trading over 5% higher this week as the buyers attempt to secure a weekly close above $11,200. Separately, the recent data shows that over $1 billion worth of Bitcoin (nearly 100,000) are now tokenized over decentralized finance protocols on Ethereum. дальше »
2020-9-16 13:06 | |
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Bitcoin And Crypto Market Roundup, September 14
Buyers have stepped back into the crypto market and are holding Bitcoin above $10K. Each time the cryptocurrency has dropped below this level, bargain hunters have leapt into action—aggressively buying and pushing Bitcoin back up. дальше »
2020-9-15 01:00 | |
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Bitcoin Can Now Be Used to Purchase a Private Jet Worth $40 Million
Bitcoin is now a payment option to potential buyers of the Gulfstream G650ER private jet, following approval by the aircraft’s selling company, Aviatrade. Aviatrade has launched a new crypto transactions payments platform in a bid to attract Bitcoin millionaires and other buyers who’d prefer to purchase the private jet using cryptocurrencies. The G650ER on sale […] дальше »
2020-9-15 00:57 | |
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Bitcoin’s Price Action Shows Similarities to 2016; Pointing to a Bullish 2021
Bitcoin’s price has been flashing some major signs of weakness throughout the past few days, with bears continuing to defend against a break above $10,500 This weakness may soon be coming to an end, however, as buyers have now shattered the selling pressure that previously existed at this level While looking towards the asset’s near-term price action, one analyst explained that he sees some striking similarities to 2016 This comparison is bullish because it suggests […] дальше »
2020-9-15 21:00 | |
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Crypto Roundup: September 14th, 2020
Buyers have stepped back into the crypto market and are holding Bitcoin above $10K. Each time the cryptocurrency has dropped below this level, bargain hunters have leapt into action—aggressively buying and pushing Bitcoin back up. дальше »
2020-9-15 20:22 | |
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Bitcoin Breaks Above $10,500 as Bullish Recovery Continues: What Comes Next?
Bitcoin has been bouncing between $10,000 and $10,500 over the past few days. Both buyers and sellers have been trying to assert dominance, resulting in multiple tests of both range boundaries. BTC finally broke above $10,500 just minutes ago. дальше »
2020-9-13 06:59 | |
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Why Ethereum DeFi’s Yearn.finance (YFI) Just Surged to New All-Time High
Ethereum’s DeFi darling, Yearn. finance (YFI), has surged 15% in the past 24 hours as buyers finally step in. This comes after the coin corrected 50% in the span of a week due to weakness in Bitcoin and Ethereum. дальше »
2020-9-13 01:11 | |
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Bitcoin is About to Reach a Pivotal Point as Buyers Defend Key Level
It has been a choppy day of trading for Bitcoin and the aggregated crypto market This primarily stems from BTC’s inability to maintain the upwards momentum that was driving it higher yesterday Although losing its momentum is a bear-favoring sign, it is important to note that not too much has changed for BTC from a technical perspective One analyst is noting that the benchmark cryptocurrency is now reaching a pivotal level that will shape its […] дальше »
2020-9-12 21:00 | |
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Here's why ETHUSD Perpetual swaps can do better
Many times, perpetual markets have outpaced spot markets for a multitude of reasons. High leverage is the primary driver of growth. It brings in new buyers and traders. Traders look for options like mThe post Here's why ETHUSD Perpetual swaps can do better appeared first on AMBCrypto. дальше »
2020-9-7 01:00 | |
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Binance Coin (BNB) price erupts 18% as the platform rolls out Binance Smart Chain
Binance Coin (BNB/USD) price has rebounded strongly today as the buyers attempt to erase losses from the past few days. The exchange rolled out the Binance Smart Chain (BNS), which is a parallel blockchain to the Binance Chain utilized for smart contracts. дальше »
2020-9-7 20:43 | |
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After $2,000 Drop, Bitcoin Could Undergo a Strong Bounce For These 4 Reasons
Bitcoin has sustained a heavy correction over the past few days. At the local lows, the leading cryptocurrency was trading at $9,800. At current, BTC is trading for $10,100 as buyers have stepped back in. дальше »
2020-9-6 02:29 | |
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Bitcoin is Poised to Explode Towards $11,000 After Tapping Key Liquidity Region
The crypto market has been battered throughout the past few days, with sellers gaining a serious edge over buyers as they force most digital asset prices lower The strength of this selling pressure has been enough to cause some major altcoins like Ethereum to post monumental losses, with ETH plunging to lows of $330 while Bitcoin briefly broke below $10,000 It is important to note that BTC’s latest breakdown was quickly absorbed by bulls, who […] дальше »
2020-9-6 19:00 | |
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Data: Long-Term Bitcoin Investors Hold Steady Despite $2,000+ Plunge
After a prolonged period of stability and sideways trading within the $11,000 region, Bitcoin finally witnessed an influx of selling pressure that put an end to this consolidation. This caused the cryptocurrency to plummet down to lows of $9,900 earlier today, at which point buyers stepped up and slowed its descent. From here on out, […] дальше »
2020-9-5 05:00 | |
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Bitcoin’s Selloff Shakes Out “Top Buyers” as Analysts Eye Further Blood
It has been a rough past few days for Bitcoin, with the benchmark digital asset erasing virtually all of the gains that came about as a result of its strong uptrend seen throughout the past several days and weeks. дальше »
2020-9-5 19:00 | |
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Bitcoin’s “Social Volume” is Spiking; Here’s What This Means for BTC
It has been a rough day for Bitcoin. The benchmark digital asset has shed a significant amount of its value, with its price plunging from the lower-$11,000 region to lows of $10,400 earlier today. In the time since, it has shown some signs of stabilizing as buyers attempt to regain control of its near-term price […] дальше »
2020-9-4 05:00 | |
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There’s an “Unusual” Amount of Bitcoin Sellling Pressure From Miners
Bitcoin took a strong dive during Wednesday’s trading session. The asset fell from the $12,075 highs of the day prior to a local low around $11,200, marking a 7% correction. The leading cryptocurrency remains near the lows as buyers have yet to step in en-masse. дальше »
2020-9-3 13:00 | |
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Bitcoin Just Broke a Multi-Week Descending Triangle; Analysts Target $15k
Bitcoin is beginning to show some intense signs of strength after a prolonged period of consolidation within the mid-to-upper $11,000 region This latest push higher has not done a ton to invalidate the weakness that the cryptocurrency was previously experiencing, as it has yet to push BTC past its key $12,000 resistance level Analysts are noting that where it trends next may depend largely on whether or not buyers can shatter the selling pressure that […] дальше »
2020-9-2 21:00 | |
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Analysts Expect Ethereum to Hit $500 Despite Tapping Massive Resistance
Ethereum has been flashing signs of immense strength throughout the past few days The cryptocurrency is now pushing towards its yearly highs as its bulls come out in full force This has allowed ETH to rally up to $437, with buyers now aiming at it setting fresh highs of over $440 in the near-term That being said, this level may act as strong resistance for the crypto in the near-term, potentially slowing its ascent Analysts […] дальше »
2020-9-1 23:00 | |
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Bitcoin May Post Its 2nd Highest Two-Month Close in History as Bulls Take Control
Bitcoin has been able to avoid seeing any type of intense bearishness today, as the cryptocurrency is now trading near $11,800 Although it has yet to test its key $12,000 resistance, it does appear that buyers are laying the groundwork for a visit to this level One trader is observing that some technical factors are now working heavily in Bitcoin’s favor, including degrading resistance between its current price and $13,000 This comes as Bitcoin rapidly […] дальше »
2020-8-31 21:00 | |
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Ethereum long-term Price Analysis: 31 August
Like Bitcoin, Ethereum didn't show a lot of strength among buyers or bulls, at the time of writing. In fact, ETH's price looked toppy. After tapping the $420 level 6-7 times in less than two weeks, ETThe post Ethereum long-term Price Analysis: 31 August appeared first on AMBCrypto. дальше »
2020-8-31 20:30 | |
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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 DeFi Bulls Being Over 90% Net Long Is Dangerous a For Crypto
The decentralized finance buzz has finally started to cool off, but dip buyers are already over 90% net long on DeFi futures on crypto exchange Binance. This says the market is incredibly bullish on these assets, however, mob mentality often leads to irrational decisions based on emotions. дальше »
2020-8-29 00:00 | |
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Bitcoin Has Reached a “Critical Juncture” as Analysts Set Sights on $11,800
Bitcoin’s price has seen a strong rebound from yesterday’s lows, with buyers ardently guarding against a dip into the sub-$11,000 region This has allowed the cryptocurrency to gain some slight momentum, although it remains down from its daily highs From a technical perspective, analysts are noting that Bitcoin is now at a “critical juncture” that will determine its near-term future One trader is setting his sights on a break above $11,800, explaining that sellers will […] дальше »
2020-8-29 21:00 | |
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Ethereum Still Likely to Dive to $360 Support as Funding Stays Neutral
Ethereum and Bitcoin have both posted notable rebounds after facing some intense weakness throughout the early morning hours ETH was able to rally from lows of $380 to highs of well over $390, while Bitcoin pushed back above $11,500 after dipping to $11,200 This strength is an incredibly positive sign for the market, as it shows that buyers still have underlying strength Despite this strength, analysts are still short on Ethereum, with one trader noting […] дальше »
2020-8-28 23:00 | |
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Bitcoin (BTC) buyers and sellers won’t let the price progress
Earlier this year. Bitcoin price has spent months trapped between $9,000 and $10,000, and for the most part, the fluctuations of its price were as small as a few hundreds of dollars. The coin finally managed to escape this limbo in late July, only to get stuck in another one barely a few days later. дальше »
2020-8-28 16:16 | |
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Bitcoin (BTC) stock price corrects after a failed breakout
Bitcoin (BTC) price has been dragged lower to test weekly support near $11,000 after the buyers failed to close above the $12,000 handle last week. Fundamental analysis: A beginning of another bull market? The largest Bitcoin exchanges and crypto wallet apps such as Coinbase, Blockchain Wallet, Binance, BRD and others registered record-high combined downloads last month, largely thanks to the fact that many institutional investors turned to BTC in the midst of unparalleled coronavirus stimulus spending. дальше »
2020-8-28 13:42 | |
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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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Tezos is “Flirting with Doom” as It Trades Above Critical Support Level
Tezos is currently in a precarious situation, as it is trading just a hair above a crucial trendline that has been supporting its price and guiding its recent mid-term uptrend. This level was briefly broken below earlier today when XTZ faced a massive influx of selling pressure, but buyers have since been able to step […] дальше »
2020-8-27 02:00 | |
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Ethereum May Still Confirm a Pattern That Would Imply a Breakdown to $320
Ethereum has been pushing higher after reaching $380 late last week. The asset trades for $400 as of this article’s writing, bouncing around 5% from last week’s lows. At the highs on Monday, ETH traded for $410 as buyers stepped in en-masse. дальше »
2020-8-26 13:00 | |
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Here’s Why the Bitcoin Bull Trend Hasn’t Found a Macro Top At $12,500
Bitcoin reached a peak of $12,500 last week as buyers rushed in. As fast as BTC spiked, it reversed, dropping as low as $11,400 towards the end of last week. Bitcoin has since recovered as it now trades at $11,650. дальше »
2020-8-24 01:00 | |
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Chainlink is About to Post a Bullish Trendline Break as Buyers Take Control
Chainlink has seen a swift rebound today after posting some intense weakness yesterday. This has allowed it to recapture its position above $15. 00, and it is now showing some signs of technical strength as analysts watch for further upside. дальше »
2020-8-23 20:00 | |
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Bitcoin Could See a “Glorious” Bounce Once it Taps This Crucial Level
Bitcoin saw some immense turbulence overnight that caused its price to slide as low as $11,500 This dip was quickly absorbed by buyers, who have since allowed it to reclaim its support at $11,600 The cryptocurrency is now once again consolidating as it hovers within its previous trading range between $11,600 and $12,000 This stability has allowed altcoins to recoup some of their recent losses Analysts are now noting that BTC could be well-positioned to […] дальше »
2020-8-22 19:00 | |
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Price Analysis 8/19: BTC, ETH, XRP, LINK, BCH, LTC, BSV, ADA, BNB, EOS
Bitcoin and the altcoins continue to correct but lower levels are likely to attract buyers as the bullish macro trend has not changed. дальше »
2020-8-20 00:48 | |
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Tezos (XTZ) May Plunge Towards $3.00 as Selling Pressure Ramps Up
Tezos’ price action over the past week has primarily favored sellers, with buyers being unable to catalyze any strong uptrend while also being unable to guard against today’s market-wide selloff. The decline seen by the cryptocurrency earlier today led it to plunge to lows of $3. дальше »
2020-8-20 00:00 | |
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Bitcoin’s Weekly Rejection May Lead Price Below $10K; Here’s Why
Bitcoin bulls once again failed to hold the price above $12,000, owing to a higher selling pressure near the level. The benchmark cryptocurrency broke upwards of $12,000 on Monday. The rally exceeded towards $12,486 (data from Coinbase), a level that saw massive liquidations of long positions. дальше »
2020-8-19 14:01 | |
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Here’s How High One Trader Expects Bitcoin to Climb Before Forming a Top
Bitcoin faced yet another $12,000 rejection yesterday that caused the cryptocurrency’s price to reel down towards $11,700 This level appears to have been established as support, as buyers ardently defended against any break below it It now appears that the crypto’s short-term technical outlook remains unchanged, as BTC is still consolidating within the upper-$11,000 region As for where it may go next, one analyst explained that he is looking towards $13,000 as a near-term target […] дальше »
2020-8-17 19:00 | |
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Analyst: Bitcoin Could Surge to $17,000 Once This Crucial Level is Broken
Bitcoin has been caught within a bout of sideways trading for the past couple of weeks This has led it to form a relatively wide trading range between $11,200 and $12,200 The crypto’s buyers have been ardently guarding against a dip to below the lower boundary of this range, as a strong upswing follows each visit here Analysts are now noting that BTC may be positioning itself to see significantly further gains in the short-term […] дальше »
2020-8-16 19:00 | |
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Bitcoin Could See a Major Breakout in The Coming Days; Here’s Why
Bitcoin has been stuck in a tight trading range throughout the past several days This has offered little insight into the cryptocurrency’s short-term trend, as both its buyers and sellers remain at an impasse As for where it may trend next, analysts now seem to believe that it is coiling up for a major breakout This could lead it well past $12,000 in the coming few weeks There are a few factors that suggest this […] дальше »
2020-8-15 02:00 | |
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Chainlink (LINK) Explodes to Fresh All-Time Highs as Analysts Eye Further Upside
Chainlink’s price has posted an incredibly intense rebound following yesterday’s dip. This has allowed LINK to post massive gains today, with it currently being the best performing major cryptocurrency as its buyers push it to fresh all-time highs. дальше »
2020-8-13 00:00 | |
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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 | |
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Grayscale: XRP Is Poised To Benefit From The $2 Trillion Global Payments Market
Of late, there has been an influx of larger crypto buyers into the market one of which is Grayscale. Grayscale is a crypto investment firm that has been mainly focused on Bitcoin and Ethereum. At one time in the last few months, Grayscale was buying more Bitcoin than was being produced by miners. Now, the […] дальше »
2020-8-12 19:49 | |
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Here’s Why Traders are Growing Cautious About Bitcoin’s Current Outlook
Bitcoin attempted to shatter its $12,000 resistance yesterday, which ultimately resulted in a rejection that led it down towards $11,700. At this price level, however, buyers stepped up and absorbed the heavy selling pressure, subsequently pushing the benchmark cryptocurrency up towards $11,900 before its momentum began slowing. дальше »
2020-8-10 19:00 | |
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Chainlink (LINK) Erupts to $13 as Buyers Continue to Rush In
Chainlink (LINK) has continued to surge higher since NewsBTC’s last market update. Just minutes ago, as per data from TradingView, the cost of the popular altcoin crossed above $13 just minutes ago, reaching a local high of $13. дальше »
2020-8-9 22:25 | |
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