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Up or down? Bitcoin (BTC) price prediction for October

Bitcoin (BTC) price gained 2. 4% yesterday to clear the short-term resistance at $10,500. The buyers have extended their weekly gains today by recording a 3-week high above the $11k mark. Fundamental analysis: CBDC plans accelerated Reuters reports that a group of seven central banks met today to discuss a potential roll-out of central bank digital currency (CBDC) in the future. дальше »

2020-10-10 17:04


Negative Funding Could Act as a Launchpad for a Massive Bitcoin Rally

Bitcoin’s recent consolidation phase has come about concurrently with traders stacking up on short positions This indicates that they expect the turbulence within the traditional markets to continue suppressing BTC’s price action, potentially leading it lower in the weeks ahead That being said, this has caused negative funding rates to surge as of late, making it costly to be short Historically, funding rates – when slanted towards one direction for extended periods – work as […] дальше »

2020-10-6 02:00


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Elliptic To Start Monitoring Binance Chain and BNB for Efficient Scaling Operations and Risk Management

The global leader in cryptocurrency risk management’s solutions Elliptic has extended its partnership with Binance to start monitoring the Binance Chain blockchain platform and its native asset BNB. The partnership will now see BNB added to Elliptic’s blockchain analytics platform. дальше »

2020-8-19 12:51


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Bitcoin is Poised to Push Towards $14,000 After Posting Bullish Weekly Close

Bitcoin has continued consolidating within the upper-$11,000 region overnight This extended period of sideways trading has come about despite it facing multiple recent rejections at $12,000 Its inability to break above this level has so far not led it to see any notable near-term downside, with $11,700 becoming a strong level of support This support level was previously a crucial resistance that it was struggling to close above Yesterday marked the first daily – and […] дальше »

2020-8-18 21:00


XRP is Struggling to Break Key Resistance; Will This Stop It from Going Parabolic?

XRP has been incurring some incredibly strong price action throughout the past few days, allowing it to erase some of the underperformance it had been experiencing throughout the past several weeks. The cryptocurrency is now pushing up against a crucial resistance level that has yet to be broken above for an extended period of time. […] дальше »

2020-8-6 00:00


Here are Three Factors Suggesting Bitcoin is Poised to Explode Higher

Bitcoin has been able to stabilize over $9,300 following the upswing seen yesterday This is the first time the crypto has been able to hold over this price level for an extended period in many weeks The aggregated market is showing some signs of strength, as the downturn seen yesterday was erased by many individual altcoins \One analyst is now noting that there are several factors currently playing into Bitcoin’s favor He notes that the […] дальше »

2020-7-23 21:00


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Bitcoin Shows Signs of Life as it Rallies Past $9,400; What Analysts Expect Next

After consolidating between $9,100 and $9,300, Bitcoin is starting to show some signs of life as its price rallies past $9,400 The ongoing uptrend comes after an extended bout of the cryptocurrency losing its trading volume and momentum due to the uptrends seen amongst many altcoins This latest surge may temporarily change the crypto’s trend, but one top trader is noting that he is planning to short BTC’s high time frame resistance at $9,500 Bitcoin’s […] дальше »

2020-7-22 21:00


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This Technical Formation Could Put an End to Chainlink’s Multi-Year Uptrend

It’s no secret that Chainlink has been one of the most bullish digital assets throughout 2019 and 2020 The cryptocurrency recently extended its parabolic momentum when it rallied up to highs of $8.80 Although it is possible that a combination of hype and investor “FOMO” could help drive LINK higher, there are some reasons why analysts are growing cautious One trader pointed to the emergence of a large rising wedge pattern as one factor that […] дальше »

2020-7-18 23:00


Bitcoin’s Trading Volume is Dying Out; Setting the Stage for Explosive Volatility

Bitcoin’s extended bout of sideways trading has caused the cryptocurrency to see historically low volatility levels. In the past, bouts with volatility this low tend to be followed by massive movements that set the tone for which direction the cryptocurrency will trend in the days and weeks ahead. Analysts are noting that there are a […] дальше »

2020-7-15 19:00