Bitcoin Nosedives To $10,000: Here Is Why It Could Correct In Short-Term

Bitcoin price declined over 10% and it traded close to the $10,000 support against the US Dollar. BTC might correct higher, but upsides are likely to remain capped near $10,800. Bitcoin started a strong decline and it weakened over $1,000 in the past three sessions. дальше »

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Analysts Set Their Sights on a Move to $9,600 as Selling Pressure Mounts

Bitcoin has been facing unusually strong selling pressure throughout the past few hours, which appears to be coming from multiple large mining pools This caused the price of BTC to crater, dropping as low as $10,700 before finding some support that allowed it to climb significantly higher One analyst is now noting that this latest decline struck a blow to its technical outlook, leading him to set his sights at $9,600 A decline to these […] дальше »

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Bitcoin lost 10% within a day due to bitcoin sale initiated by miners

The reason for bitcoin price fall could be the sale of mined coins initiated by miners. The cryptocurrency sank 10% per day and continues to decline.

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Ethereum Nosedives 10%, But This Support Could Trigger Fresh Increase

Ethereum started a sharp decline after it failed to stay above the $450 support against the US Dollar. ETH price is likely to bounce back as long as it is above the $406 support zone. Ethereum is down over 10% and it broke the $460 and $450 support levels. The price even traded close to […] дальше »

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Bitcoin is Plunging, But It’s Too Early to Say Bulls Have Given Up

Bitcoin price started a sharp decline from the $12,000 resistance against the US Dollar. BTC must stay above $11,200 and $11,000 to remain in a positive zone. Bitcoin failed to gain pace above the $12,000 resistance level, and started a sharp decline. дальше »

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Key Reasons Why This Latest Selloff Hasn’t Hurt Bitcoin’s Bull Case

Bitcoin saw a notable selloff today that struck a heavy blow to the cryptocurrency’s technical outlook. This decline sent it down to its range lows of $11,100 that have been tested on multiple occasions throughout the past few weeks. дальше »

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Bitcoin, Metals, And Equities “Will Fly” If Dollar Downtend Deepens

The dollar’s impact on markets in 2020 cannot be overstated. Its weakness and decline in the face of the pandemic and a dwindling US economy, has allowed assets like Bitcoin, precious metals, and equities to surge. дальше »

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What a Rebounding Dollar Could Mean for Bitcoin and Altcoins

Both Bitcoin and altcoins have enjoyed a near-perfect environment for them to thrive, all based on the dollar’s weakness and decline. It has allowed these digitally scarce assets to rise significantly in 2020. дальше »

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Chainlink Doomsday Predictions: Zeus Capital Warns Investors Not To ‘Get Fooled’

Zeus Capital has doubled down on its doomsday predictions on Chainlink (Link). It is now warning investors: “don’t get fooled… exit your positions before its too late. ” The asset management firm’s involved assessment follows a sharp decline in the price of Link in the last couple of weeks. дальше »

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Ripple (XRP) Price Nosedives, Here’s Why It Could Fuel Decline In Altcoins

Ripple declined sharply after it broke the $0. 2700 support against the US Dollar, while bitcoin and ETH remained above weekly lows. XRP price is currently recovering, but it could fail near $0. 2700. дальше »

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Bitcoin’s Critical Support is Degrading, and It’s Bad for Altcoins

Bitcoin is currently struggling to garner any notable upwards momentum as its price drifts towards its key support at $11,000 Sellers have been in firm control of its trend throughout the past several days and weeks Where it trends in the near-term will likely depend almost entirely on whether or not bulls can continue defending against a decline below $11,000 One analyst is noting that a key technical support level that was bolstering BTC is […] дальше »

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Bitcoin may see $14,000 by the end of August 2020

Although the leading cryptocurrency saw a decline in March this year along with the...

The post Bitcoin may see $14,000 by the end of August 2020 appeared first on Coin Journal.

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DASH, VeChain, Cardano Price Analysis: 27 August

With the present market overwhelmingly bearish, many major altcoins seemed to be struggling to hold their high valuations on the charts as a series of corrections ensued. While the decline has remaineThe post DASH, VeChain, Cardano Price Analysis: 27 August appeared first on AMBCrypto. дальше »

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Ethereum Classic, Litecoin, Monero price analysis: 26 August

Ethereum Classic has dropped sharply since rising above $7. 5 almost two weeks ago. It signaled that a further decline in price could occur. Monero also failed repeatedly to hold on to support levels. дальше »

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Ethereum Isn’t Clear of Danger Yet, But Analysts are Eyeing a Move to $500

Ethereum has seen a sharp decline over the past several hours that has caused it to break back below $400 This movement came about in tandem with a similar decline seen by Bitcoin and has sent shockwaves throughout the aggregated crypto market Analysts are now noting that ETH may be poised to see further near-term weakness, but its bull case remains strong One trader is noting that Ethereum has yet to break below a crucial […] дальше »

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Ethereum gas price dropped 80% and it's still expensive

After peaking at $447 on 17 August, the price of Ethereum has been moving lower. As ETH was currently being traded for $396, its miners were witnessing a sharp decline in their revenue as the EthereumThe post Ethereum gas price dropped 80% and it's still expensive appeared first on AMBCrypto. дальше »

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Ethereum short-term price analysis: 24 August

Ethereum's recent decline seems to be in recovery considering the coin's 5.3% surge in the last 24 hours. This surge comes as the price breaks out of a bullish pattern. This has larger implications ofThe post Ethereum short-term price analysis: 24 August appeared first on AMBCrypto. дальше »

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Ethereum Fees Decline By 80% From All-Time High: What Does It Mean For ETH?

Ethereum fees decline by 80% from all-time high while user activity remains high, suggesting a less clogged network. дальше »

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This Support Could “Launch” Ethereum to $500 as Bulls Slow Its Descent

Ethereum saw a sharp decline throughout the past couple of days that led it to break below $400 The selling pressure driving this movement ramped up overnight, but bulls have since been able to reverse it Analysts are now noting that it may be well-positioned to see further upside in the days and weeks ahead Its positive reaction to one crucial support level is even leading one trader to note that it could soon be […] дальше »

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Here’s the Crucial Level That May Spark Bitcoin’s Next Bloodbath Decline

Bitcoin has been caught in the throes of an intense bout of sideways trading for the past few weeks, with attempts to break above or below the upper-$11,000 region proving to be highly fleeting. Earlier this week, the benchmark cryptocurrency rallied as high as $12,400 before it lost its momentum, with its price subsequently plunging […] дальше »

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Ethereum at Risk of Seeing Major Downside; Here’s What Analysts are Watching

Ethereum has seen mixed price action over the past couple of weeks After rallying to highs of nearly $450 last week, the crypto faced an insurmountable influx of selling pressure that forced it lower Initially, this decline forced ETH to lows of $398 before it bounced towards $420, but today it faced another bout of selling pressure that sent it back to its $400 support Analysts are now starting to grow increasingly bearish on the […] дальше »

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Bitcoin Just Hit a Crucial Trendline; Analysts Expect Imminent Fireworks

Bitcoin and the rest of the crypto market has witnessed some bear-favoring volatility throughout the past few hours This came about following a day of relative stability yesterday, and it appears that Ethereum’s potent decline is creating headwinds for the rest of the market BTC is now trending down near a crucial support level that coincides with a key trendline Analysts believe that a continued bout of trading above this level could be all that […] дальше »

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Ethereum Could Narrowly Avoid a Major Decline if it Closes Above One Key Level

Ethereum spiked below the $400 support before recovering higher against the US Dollar. ETH price must surpass the $420 resistance and the 100 hourly SMA to start a fresh increase. Ethereum is currently holding the $405 and $400 support levels. дальше »

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This Fractal Suggests Bitcoin Will Fall Towards $11,000 Before a Next Leg Higher

Bitcoin has managed to stave off a further decline after bouncing off $11,600 on Wednesday. As of this article’s writing, the leading cryptocurrency trades for $11,850. BTC is recovering as the U. дальше »

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Bitcoin volumes on exchanges will rise only after 'bull-flip'

Three weeks ago, a sharp turn was observed on the Bitcoin exchange balances charts. BTC held by exchanges were identified to entertain a hike on the charts after months of decline in 2020. However, reThe post Bitcoin volumes on exchanges will rise only after 'bull-flip' appeared first on AMBCrypto. дальше »

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Ripple (XRP) Showing Early Signs of Fresh Increase, But Bulls Facing Hurdles

Ripple extended its decline and tested the $0. 2800 support against the US Dollar. XRP price is likely to start a slow and steady rise as long as it is above the $0. 2800 support. Ripple failed to stay above the $0. дальше »

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Bitcoin Short Positions Surge to 4 Month High as Bears Grow Aggressive

Bitcoin and the entire crypto market – with a few exceptions – is flashing signs of weakness at the present moment This has come as a result of the sharp decline seen last night, which sent BTC reeling below its key $12,000 support The benchmark crypto is now consolidating between $11,600 and $12,000 This is the same trading range that it was trading in before its recent break above $12,000 Analysts do believe that the […] дальше »

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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 »

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This Bearish Divergence Suggests Bitcoin Will Soon See a $1,300+ Pullback

Bitcoin and the aggregated crypto market are currently caught within the throes of a volatile trading session, with BTC plunging below its key $12,000 support level. The break below this crucial support caused it to plunge as low as $11,600, with bulls stepping up and guarding against a decline beneath this level. Analysts are now […] дальше »

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Whales Dumping Chainlink (LINK) En Masse: Data

Large addresses holding Chainlink (LINK) are on the decline, according to Santiment data дальше »

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Chainlink Drifts Away From Fifth Spot Following A 20% Price Drop In Less Than 24 Hours

Chainlink’s price is back to $15.14 representing a 19.74% decline in the last 24 hours which is a big contradiction to the double digits the coin has been gaining in the last two months. The drop has now pushed it back to the 6th position, after Bitcoin Cash, one of the latest gaining altcoins reclaimed its […] дальше »

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Crypto Market Enters “Extreme Greed” Territory as Bulls Grow Aggressive

The crypto market has been caught in the throes of an incredibly strong uptrend ever since it bottomed in mid-March. The decline seen at this time was intense, with Bitcoin plunging to lows of $3,800 while Ethereum set lows within the sub-$100 region. дальше »

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These Two Liquidity Regions Could Spark a Sharp Bitcoin Price Decline

Bitcoin is currently catching some upwards momentum that has sent it past its key resistance level at $12,000. Although the crypto has yet to post a significant break above this level, bulls do appear to be building strength following the strong weekly close that BTC posted yesterday evening. дальше »

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Miner Hut 8 Reports Q2 Revenue Plunged 67% to $6.9 Million Due to Bitcoin Halving

Canadian miner Hut 8 Mining Corp has reported that second quarter revenue tumbled 67% to $6. 9 million from $21. 2 million a year ago, as Bitcoin’s supply cut in May forced production to decline. дальше »

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It’s a Critical Moment for Ethereum Following Latest Rejection at $400

Ethereum has been struggling to garner any strong momentum over the past week Overnight it saw a sharp influx of buying pressure that sent its price rocketing past $400 for a brief moment This movement was short-lived, however, as the cryptocurrency then posted a strong retrace that sent it reeling back down towards the $380 region Analysts are now noting that it’s a pivotal time for ETH, with a potential decline here having grave long-term […] дальше »

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Short Squeeze Possible for U.S. Dollar but Future Remains Bleak

Bets that the dollar will continue to decline have become a popular trade in recent days. Due to the worldwide economic woes, short positions against the dollar have grown substantially over the past four months, leading some to believe that positions could be squeezed. дальше »

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Bitcoin short-term Price Analysis: 13 August

Disclaimer: The findings of the following article should materialize over the next few hours. Also, the following information should not be considered as investment advice Bitcoin's decline down toThe post Bitcoin short-term Price Analysis: 13 August appeared first on AMBCrypto. дальше »

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Lyft Reports 61% Decline in Q2 Revenues, Lyft Stock Slightly Down in Pre-Market

Coinspeaker Lyft Reports 61% Decline in Q2 Revenues, Lyft Stock Slightly Down in Pre-MarketFollowing the Q2 2020 earnings report, Lyft stock fell. On August 12, it closed 0. 42% down, at $30. дальше »

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Bitcoin Could Retrace to $9,000 if it Breaks Below This One Key Level

Bitcoin is now hovering within the mid-$11,000 region following the intense bout of selling pressure it witnessed yesterday The decline beneath $11,200 was quickly absorbed by bulls, although BTC remains in a somewhat precarious position One analyst is pointing to massive support just below where the crypto is currently trading as a bullish factor That being said, other traders are cautioning that BTC is getting closer to a key level that could lead the crypto […] дальше »

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ETF Manager CEO: Bitcoin Has Cemented Itself As A Dollar Alternative

The dollar’s recent weakness and the decline has economists calling for the death knell. Amidst the discussion surrounding dethroning the asset, other competing currencies, and even gold are being pointed to as alternatives suitable as the next global reserve currency. дальше »

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The Bitcoin Dominance Rate Seeks to Bounce From the Current Support Area

The Bitcoin dominance rate (BTCD) has reached a crucial support level, a decline below which could trigger a sharp drop. However, technical indicators suggest that a bounce is to be expected. Possible Bounce for the Bitcoin Dominance Rate The Bitcoin dominance rate has been decreasing since May 8, when it reached a high of 68. дальше »

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Gold Price Plunges 5% Even As Treasury Yield Rises on Positive Coronavirus Vaccine Efforts

Coinspeaker Gold Price Plunges 5% Even As Treasury Yield Rises on Positive Coronavirus Vaccine EffortsGold hit its worst single-day decline as its price fell more than 5% but Treasury yields increased. дальше »

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Santiment Predicts More Pain for Bitcoin as Active Addresses Plunge

Santiment cautioned Bitcoin bulls about the cryptocurrency’s downside prospects in its latest on-chain analysis. The crypto-focused sentimental analysis platform highlighted a steep decline in the number of daily active addresses (DAA) on the Bitcoin network. дальше »

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Here’s what on-chain data is saying about Band Protocol’s 30% decline

Band Protocol (BAND) has been garnering significant attention over the past few weeks due to its intense rally that sent it from the lower-$4. 00 region in early-August to highs of nearly $18. 00 that were set earlier this week. дальше »

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Ripple (XRP) Nosedives 8%, Technicals Indicate A Drop To $0.25

Ripple failed to clear the $0. 3000 barrier and started a strong decline against the US Dollar. XRP price is down over 8% and it seems like the bears are aiming a test of the $0. 2500 support. Ripple is declining and it is now trading well below the $0. дальше »

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Daily Chart Suggests Bitcoin At Risk of Extended Correction To $10,500

Bitcoin struggled to clear the $12,000 resistance zone and corrected lower against the US Dollar. BTC’s daily chart suggests the price could extend its decline towards the $10,500 support. Bitcoin topped near the $12,080 level and it is currently correcting gains. дальше »

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Price Analysis 8/10: BTC, ETH, XRP, BCH, LINK, BSV, LTC, ADA, BNB, CRO

Bitcoin price continues to decline at $12,000, but altcoins have taken advantage of the range-bound action by rallying higher.

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Bitcoin Gains Independence From the Traditional Markets to Move in Line with Gold

Ever since last month, the one-month correlation between Bitcoin and S&P 500 has been on a constant decline, going from an all-time high of 78.8% on July 8th to now just at 26%. While the equities market is continuing on its upwards trend with a few retracements along the way, after trading sideways for close […] дальше »

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XRP May Explode Higher After “Destroying” a Macro Downtrend Line

XRP is currently hovering around the key $0.30 region as its buyers attempt to stop it from breaking below this crucial support level. This slight decline comes as the aggregated crypto market begins facing heightened selling pressure, although it has not been enough to invalidate the market’s macro strength. Analysts are now noting that XRP […] дальше »

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US Dollar Could See Bearish Reversal: Is A Bitcoin Reckoning Coming?

The dollar has been in sharp decline. Analysts are calling for the global reserve to lose its crown to the likes of Bitcoin or the yuan. Sentiment has reached substantial lows. However, when dollar sentiment fell this low in the past, it often triggered a strong reversal in the currency. Such a reversal, if it […] дальше »

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