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Bitcoin Remains in Firm Bull Territory as Buyers Defend Critical Support
Bitcoin has remained in firm bull territory over the past several weeks, despite it showing some signs of immense weakness Much of the benchmark cryptocurrency’s current strength comes from its ability to hold above its SMA50 One analyst believes that this is the level that will determine the crypto’s future in the days and weeks ahead He also notes that some hidden bullish divergences are working to counter the weakness stemming from BTC’s “somewhat defined” […] дальше »
2020-7-8 02:00 | |
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Analyst: Bitcoin Needs to Push Past $9,600 to Avoid a Brutal Decline
Bitcoin now appears to be entering another consolidation phase around $9,300 Its buyers have been unable to surmount the resistance that exists around this price level Each attempt to break above it has been met with an influx of selling pressure that forces it lower As for what may come next, analysts are noting that it is imperative that buyers step up and force the benchmark crypto higher if they are to catalyze any further […] дальше »
2020-7-8 21:00 | |
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Bitcoin: $1,000 drop is on the cards before bull run begins
Bitcoin's funding rate has largely been negative for more than 3 months while the price barely moved. This shows that not only is the volatility low but buyers are being evened-out by sellers. BitcoiThe post Bitcoin: $1,000 drop is on the cards before bull run begins appeared first on AMBCrypto. дальше »
2020-7-6 14:00 | |
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Cardano (ADA) is Flashing Bearish Signs as Rally Stalls; Factors to Consider
Cardano (ADA) has been one of the best performing top altcoins seen throughout 2020, only trailing the gains posted by Chainlink and Tezos The crypto has been seeing heightened momentum in recent weeks due to the launch of the highly anticipated Shelley mainnet upgrade This update’s rollout coupled with a few positive news developments have bolstered its buyers Despite showing signs of overt strength, ADA is currently pushing up against a significant resistance level This has […] дальше »
2020-7-5 22:00 | |
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Stellar price analysis: lower correction inbound before a bullish push to June highs
XLM/USD price is trending lower as buyers fail to hold gains racked up in... The post Stellar price analysis: lower correction inbound before a bullish push to June highs appeared first on Coin Journal. дальше »
2020-7-3 15:36 | |
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It’s “Do or Die” for Bitcoin After Being Rejected at a Crucial Technical Level
Bitcoin’s buyers attempted to spark a rally yesterday but were stopped short when it was rejected at $9,300 The crypto has since been trading directly beneath this level, struggling to garner any further buying pressure This resistance coincides closely with a critical technical level that buyers have been struggling to surmount It does appear that the crypto could be positioned to see further downside in the days ahead if buyers fail to break this resistance […] дальше »
2020-7-3 02:00 | |
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History Shows That Bitcoin’s Consolidation Phase is Likely to Result in Fireworks
Bitcoin has been caught within a tight trading range between $9,000 and $10,000 for two months now. This trading range is still showing few signs of degrading as buyers continue guarding against a dip below its lower boundary. дальше »
2020-7-3 02:00 | |
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The Grayscale Bitcoin Trust May Be Signaling BTC has Formed a Long-Term Bottom
Bitcoin has been consolidating between $9,000 and $10,000 for the past several days and weeks, struggling to garner any clear trend The crypto has expressed some overt weakness in recent times due to its propensity to trade near the lower boundary of this range Buyers have been ardently defending against a drop below $9,000 One trend seen while looking towards the publicly traded Grayscale Bitcoin Trust seems to indicate that the cryptocurrency could be forming […] дальше »
2020-7-2 02:00 | |
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Ethereum Bulls Defend Crucial Support, But Outlook Remains Gloomy
Despite navigating down towards its crucial support at $220, Ethereum’s buyers were able to defend against a break below this level The cryptocurrency now appears to be well-positioned to maintain above this level in the near-term, as buyers are currently ardently defending another crucial support level That being said, on its daily chart the cryptocurrency does appear to be flashing some signs of overt weakness One group of analysts recently noted that the recent break […] дальше »
2020-7-2 23:00 | |
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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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Ethereum Struggles to Flip Crucial Trendline as Analysts Eye Move to $120
Ethereum’s price has been sliding lower over the past several days Despite Bitcoin being able to maintain above the lower boundary of its long-held trading range, ETH is now trading firmly below the range it formed over the past several weeks This points to some underlying weakness amongst its buyers which comes as it nears its crucial $220 support level It also just confirmed a “death cross” formation that hasn’t been seen since March. This […] дальше »
2020-6-30 23:00 | |
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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 is Showing Early Signs of Macro Weakness; What to Watch For
Ethereum has been inching lower after breaking below the support level at the bottom of its long-held trading range This decline has come about despite Bitcoin showing some signs of stability within the lower-$9,000 region ETH is now trading at a crucial support level that buyers are attempting to defend, as a break below it could be dire Analysts are now noting that for the first time in a long time ETH is showing signs […] дальше »
2020-6-29 22:00 | |
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Why This Analyst Sees Even More Downside For Bitcoin Price Before Any Real Recovery
We know Bitcoin is flat and trading sideways. Today, BTC had another leg down and rejection dropping to $9,200 on most exchanges, and basically giving away all the gains from June 22. The daily uptrend is still in play until the $9,170 level is lost, the last higher low. Buyers can still turn it around […] дальше »
2020-6-25 01:56 | |
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Ethereum’s Strength Degrades Following Rejection at $250; What Comes Next
Ethereum has flashed signs of technical weakness overnight following a harsh rejection at $250 This level marked its high-time-frame resistance, and its inability to break above it seems to elucidate underlying weakness amongst its buyers Analysts are noting that it could be poised to continue pushing higher despite this latest setback There is one crucial level that it is trading just a hair above that could invalidate this potential rebound Ethereum has flashed signs of […] дальше »
2020-6-25 23:00 | |
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Bitcoin Sees Major Weakness as “Nasty” Technical Pattern Emerges
Bitcoin faced a harsh rejection at $9,800 yesterday that has since caused it to form a strong short-term downtrend. This has led it back to the lower-region of its long-held trading range BTC does appear to be technically weak at the moment, as buyers are struggling to guard against the heavy selling pressure that was incurred at this level One “nasty” technical pattern could now be flashing If history repeats itself, this pattern could result […] дальше »
2020-6-25 21:00 | |
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Bitcoin Hits Massive 1,350 BTC Sell Wall; Here’s Why Buyers Won’t Break It
Bitcoin has seen a tempered upswing over the past several hours that has come about in tandem with a rise in the stock market This upwards movement has done little to alter its underlying technical strength, as it still remains squarely within its long-held trading range This move has also led it up against a massive sell wall on Binance, which may slow the cryptocurrency’s ascent and stop it from incurring any notable momentum There […] дальше »
2020-6-23 02:00 | |
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Should Bitcoin Traders Stay Bullish if BTC Price Corrects to $7,700?
Bitcoin remains in good shape to retest $10K while a BTC price pullback to as low as $7Ks may provide a good opportunity for buyers.
дальше »2020-6-20 16:48 | |
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Analyst: Bitcoin Could Continue Flatlining as it Gears Up for Explosive Volatility
Bitcoin’s unrelenting trading range has offered investors few insights into its near-term trend This range has persisted since the start of May, and isn’t showing no signs of letting up anytime soon Overnight sellers did attempt to shatter the lower boundary of this trading range, although this was quickly reversed by ardent buyers who have since pushed it back to $9,400 It now appears that this consolidation trend could extend even further The resolution to […] дальше »
2020-6-20 02:00 | |
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Here’s the Critical Price Level That May Kick Off Ethereum’s Next Bear Trend
Ethereum investors have gained little insight into the cryptocurrency’s trend over the past few weeks Despite being stuck within a wide trading range, it is important to note that ETH has been hovering just above the lower boundary of this range over the past few days This has marked an underperformance of Bitcoin and many of its other peers, but an overnight dip below this level was quickly absorbed by buyers Analysts are still forecasting […] дальше »
2020-6-20 23:00 | |
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Bitcoin Buyers Defend Crucial Support Level, Boosting the Bull Case
Bitcoin and the aggregated cryptocurrency market have been caught in the throes of an unrelenting consolidation phase over the past few weeks This has muddied the clarity that many analysts previously had regarding the strength of the market’s multi-week uptrend It does appear that buyers got a much-needed boost overnight, however, as bulls were able to post a potent reaction to its key support Analysts are now eyeing a few key factors for insight into […] дальше »
2020-6-20 21:00 | |
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Here are the Simple Reasons Why Bitcoin May Soon Explode Past $10,500
After a brief break below $9,000 earlier this week, Bitcoin has been able to post a strong rebound from these lows, now navigating back up towards $9,600 This climb seen throughout yesterday is certainly positive for bulls, as it points to underlying strength amongst BTC’s buyers Analysts are now laying out a few simple reasons for why this recent price action could mark an accumulation pattern If this pattern plays out, then BTC is bound […] дальше »
2020-6-17 21:00 | |
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Bitcoin recovers above $9,500: can it break resistance at $10,500?
Bitcoin price is up over 4% as buyers recover from yesterday’s dip to $8,900... The post Bitcoin recovers above $9,500: can it break resistance at $10,500? appeared first on Coin Journal. дальше »
2020-6-17 19:11 | |
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Bitcoin Funding Rates Flip Negative as Sellers Build Momentum; What to Watch For
Bitcoin has seen some intense turbulence throughout the past day, with the cryptocurrency losing the support it had at $9,400 before plummeting into the $8,000 region Buyers were able to guard against the massive influx of selling pressure, supporting it above $9,000 for most of the day The defense of the upper-$8,000 region has caused the crypto to form a double bottom seen while looking towards its RSI This indicates that the crypto could be […] дальше »
2020-6-16 02:00 | |
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Ethereum Likely to Dive Towards $200 as Overnight Selloff Rattles Market Structure
Ethereum has decline today alongside Bitcoin and the aggregated crypto market, breaking below a key support level that was previously being defended by buyers It now appears that ETH could be well positioned to see even further downside in the days and weeks ahead One technical indicator is forecasting that it will plunge to $200 before it is able to garner any notable buying pressure This could lead it to break below a key support […] дальше »
2020-6-16 23:00 | |
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Bitcoin Will Confirm a Massive Bearish Distribution Pattern if it Breaks $8,600
Bitcoin’s long-held consolidation phase came to an end yesterday evening when sellers pushed the benchmark cryptocurrency below $9,000 Although buyers stepped up and quickly defended against further losses, they have been unable to catalyze any type of sharp recovery It now appears that BTC is well positioned to see a notable decline in the days ahead as sellers target the key support at $8,600 If this level is broken below, a massive distribution pattern will […] дальше »
2020-6-16 21:00 | |
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Bitcoin’s Consolation Signals It Is Coiling Up for a “Monster” Sized Movement
Bitcoin has been caught within a firm bout of consolidation throughout the past several weeks, being unable to garner any momentum as it trades within the $9,000 region The cryptocurrency is flashing some signs of overt weakness as of late, as buyers have laced the upper-$9,000 region with heavy resistance One analyst is now noting that this consolidation is likely to result in BTC making a “monster” sized movement If the resistance between $9,600 and […] дальше »
2020-6-15 19:00 | |
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Ethereum Is Primed to Tumble Towards $200 Unless “Big Buyers” Step In
Trading alongside Bitcoin, Ethereum saw a strong rejection at a crucial resistance this week. For BTC, the rejection came at $10,000; for ETH, the rejection took place just above $250. The cryptocurrency has not plunged from this pivotal level, yet analysts expect Ethereum to retrace upwards of 20% as bulls remain tepid. дальше »
2020-6-15 07:00 | |
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No. of Bitcoin Addresses With at Least 0.1 BTC Sets New Record
Small Bitcoin (BTC) ownership continues to increase as the number of addresses with at least 0. 1 BTC tops a new all-time high (ATH). While address count does not necessarily indicate unique ownership, the trend likely still points to the increasing appeal of BTC ownership for retail buyers. дальше »
2020-6-13 16:35 | |
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Bitcoin Analysts are Watching These Six Critical Levels After Yesterday’s Plunge
Bitcoin posted a grim plunge yesterday that caused it to see notable losses Buyers were able to ardently defend against a break below the key support that has been established at $9,000 Analysts are now widely noting that BTC could be positioned to see further weakness in spite of its bullish overnight rebound There are six key high time frame support levels that buyers have built – ranging between $1,000 and $7,000 Buyers must post […] дальше »
2020-6-13 02:00 | |
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Holding Above This Key Level Could Send Bitcoin to $14,000; Will This Happen?
Bitcoin’s consolidation phase has muddied the clarity that many investors had regarding the strength of its uptrend Because the resistance that has been laced just above BTC’s current price has proven to be insurmountable, it remains unclear as to what could push the crypto past this level Analysts still believe that the crypto’s outlook could be extremely bright In order for it to validate its potential strength, however, it is imperative that buyers push it […] дальше »
2020-6-12 02:00 | |
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Millions Liquidated on BitMEX as Bitcoin Dives $500 From $10,000 Resistance
After attempting to break past $10,000, Bitcoin has been on a gradual decline. The cryptocurrency recently fell as low as $9,475 on leading exchanges, crushed as buyers distribute coins at the crucial $10,000 resistance level. дальше »
2020-6-12 19:15 | |
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Decision Time: Top Crypto Traders Expect Massive Bitcoin Move In Days Ahead
For forty days and forty nights, Bitcoin price has been trading above $8,000 but has repeatedly failed to hold above $10,000. A series of higher lows has kept buying strong, but the cryptocurrency has failed to gain the momentum it needs to break through the critical resistance. The push and pull of buyers and sellers... дальше »
2020-6-9 23:00 | |
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These Simple Factors Suggest Bitcoin May Soon See a Massive Plunge
Bitcoin has once again extended its long-held bout of sideways trading, as it has now been hovering around $9,700 for the past few days The crypto did decline to lows of $9,400 this weekend, but buyers quickly absorbed the selling pressure that was driving this movement It now appears that there are some factors that suggest a downside movement could be imminent If these factors are enough to shatter a key trendline Bitcoin bulls have […] дальше »
2020-6-9 21:00 | |
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Bitcoin at Grave Risk of Cratering to $7,400 as it Taps Multi-Month Trendline
Bitcoin is flashing some signs of weakness as it navigates towards the lower boundary of a trading range that has been firmly established over the past couple of weeks The crypto’s current weakness comes after a failed attempt by buyers to propel it towards $10,000 This decline has also led BTC down to a multi-month ascending trendline that has been guiding its price higher If it breaks below this level, analysts warn that it could […] дальше »
2020-6-8 22:00 | |
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An Ice-Cold “Storm” Is About to Hit Ethereum Buyers: Two Factors to Watch
Bitcoin’s rally over the past month has been impressive. But even more so is that of Ethereum. The second-largest cryptocurrency is up more than 13% in the past 30 days, according to data from Coin360. дальше »
2020-6-6 10:00 | |
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Bitcoin Investors are Getting Greedy Again, and It’s a Bad Thing for BTC
Bitcoin has seen some lackluster price action in recent times, struggling to garner any decisive momentum in either direction as both buyers and sellers reach an impasse. The cryptocurrency does appear to be positioned to make another big movement in the near-term as its consolidation phase persists. дальше »
2020-6-6 00:00 | |
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Bitcoin Network Health declines post-halving
It is just the beginning of June and the Bitcoin market had already witnessed a continued push and pull sentiment in the market. On 1 June, the buyers pushed the price of the cryptocurrencies higher tThe post Bitcoin Network Health declines post-halving appeared first on AMBCrypto. дальше »
2020-6-6 22:00 | |
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These Factors Show Ethereum is Still Poised to Explode Past Yearly Highs at $290
Ethereum has entered a firm consolidation phase in the time following its recent bout of volatility. This turbulence came about yesterday, with ETH’s buyers propelling it to highs of $255 before it lost its momentum and declined down to lows of $230. дальше »
2020-6-4 02:00 | |
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Crypto Market in Peril of Seeing Major Downside as Bitcoin Strength Wanes
The entire crypto market is currently consolidating as buyers and sellers reach an impasse following yesterday’s movement It now appears that the market could be positioned to see massive near-term downside due to some warning signs being flashed by Bitcoin If the benchmark cryptocurrency does lead the market lower, altcoins could severely underperform it Bitcoin and the entire crypto market have seen some calmness throughout the past day, struggling to garner any directionality in the […] дальше »
2020-6-4 23:00 | |
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New Partnership Enables Buyers Earn Crypto Rewards on Nike Purchases
Plutus, a fintech company focused on crypto rewards and loyalty points recently partnered with Nike, a global sports footwear and fitness company, to offer crypto and cash-back rewards for online shoppers on the latter’s platform. дальше »
2020-6-4 21:00 | |
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Retail Bitcoin Traders Repeatedly Shaken Out While Following Trends
Retail buyers helped push the price of Bitcoin back up toward $10,000 after the Black Thursday crash to below $4,000. Low prices proved to be too attractive to pass up, and traders went against the trend. дальше »
2020-6-3 18:00 | |
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