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This Indicator Shows Bitcoin Hit a Pivotal Level; Why Bulls Are in Control

Bitcoin has extended its newfound consolidation phase as it trades around $9,200 Both its bulls and bears have reached an impasse, with neither group being able to catalyze any clear momentum It now appears that BTC is positioned to see further sideways trading in the near-term, but one indicator is showing that the tides are shifting into bulls’ favor This comes as the crypto’s “Unspent Bitcoin Map” signals that there is massive support hovering just […] дальше »

2020-7-12 19:00


This Eerie Shanghai Composite Fractal Predicts Bitcoin Will Surge Past $10k

Bitcoin was once branded as an asset that was uncorrelated from the rest of the financial markets. Look no further than a survey of institutional investors by Fidelity Investments. It found that a good portion of this group want to buy cryptocurrencies because they are a valuable portfolio diversifier that is uncorrelated. Yet this has […] дальше »

2020-7-11 10:22


Bitcoin’s post-halving price action is mirroring that seen in 2016; What this means for BTC

Bitcoin’s recent mining rewards halving event was long looked upon as a catalyst for the cryptocurrency to see further strength – from both a fundamental and technical perspective. The post Bitcoin’s post-halving price action is mirroring that seen in 2016; What this means for BTC appeared first on CryptoSlate. дальше »

2020-7-11 10:00


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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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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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Bitcoin Indicator Shows Price Could Hit $7,100 as Resistance Mounts

Bitcoin has further extended its long-held bout of sideways trading as it hovers within the lower-$9,000 region It is continuing to flash some signs of weakness, however, as its price has been unable to garner any upwards momentum This weakness has caused the one indicator to suggest that the crypto could be positioned to see a swift movement to lows of $7,100 if it is unable to garner any heavy buying pressure This comes as […] дальше »

2020-7-1 21:00


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Why Tomorrow’s $1B Bitcoin Options Expiry May Not Trigger Any Volatility

Tomorrow, $1 billion worth of monthly and quarterly Bitcoin options will be expiring This will be the largest options expiry that BTC has ever seen Some analysts believe that the event will spark some massive volatility That being said, the sharp downwards movement seen yesterday evening may have actually been the movement that was widely expected by traders One analyst believes that this signals that the benchmark cryptocurrency is poised to see even further sideways […] дальше »

2020-6-25 21:00


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Bitcoin Bulls Flash Signs of Strength as Stock Market Fuels Fresh BTC Uptrend

Bitcoin is showing some signs of strength after it posted a strong rebound from its recent lows set around $9,200 The crypto has since climbed back above $9,400, and appears to be navigating through what has become a heavy resistance level Analysts do believe that the token is poised to see further upside due to a few key factors One such factor would be the ongoing rise seen while looking towards the stock market, which […] дальше »

2020-6-23 21:00


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Bitcoin to Correct Throughout Summer Months as Analysts Eye Major Downside

Bitcoin’s consolidation phase has persisted, with the cryptocurrency continuing to trade sideways as it hovers around $9,360 The cryptocurrency has struggled to garner any notable momentum, showing some signs of weakness as it continues trading around the lower boundary of its range It does appear that it could be poised to see further near-term weakness due to it forming a weak technical structure This could spark a correction that causes it to decline throughout the […] дальше »

2020-6-22 19:00


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Bitcoin At $180k Could Happen This Decade Depending On This One Single Factor

According to the Weiss Cryptocurrency rating platform, the price of Bitcoin could trade near $180,000, which is currently 20 times what it is presently worth. The brief further states that this could happen within the next 10 years, meaning that Bitcoin could possibly rise to the aforementioned price between now and 2030.  But what guarantees […] дальше »

2020-6-21 09:24


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60% of Bitcoin Options Open Interest Expires in 6 Days; Will Fireworks Ensue?

The crypto market has continued extending its long-held consolidation phase, with this sideways trading largely coming about as a result of Bitcoin’s lack of momentum Analysts are now noting that it may persist further in the near-term, as there are no immediate catalysts for momentum One factor that could lend itself towards shifting this trend is the expiry of 60% of all Bitcoin options next week Close to $1 billion in contracts are expiring on […] дальше »

2020-6-20 19:00


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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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This Bitcoin Indicator Forecasted the 2017 Bull Run. It Just Flashed Again

Bitcoin’s lackluster price action over the past few weeks has struck a serious blow to investor sentiment, leading many to anticipate weakness in the days and weeks ahead. That being said, this growing bearishness may be unwarranted, as some interesting trends seen while looking towards its on-chain fundamentals seem to suggest that further upside is […] дальше »

2020-6-20 00:00


Chainlink Spotlighted as “Technology Pioneer,” LINK Prices Aim for Higher Highs

Decentralized oracle network Chainlink is in the spotlight for the value that its emerging technology brings to DeFi, which could set the stage for further gains.   Chainlink Stands Out As... The post Chainlink Spotlighted as “Technology Pioneer,” LINK Prices Aim for Higher Highs appeared first on Crypto Briefing. дальше »

2020-6-18 01:08


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Bitcoin Avoids Forming a Death Cross; Instead Confirms Bullish Triangle Pattern

Bitcoin’s sharp decline seen yesterday put it in peril of losing its macro technical strength and seeing even further downside The cryptocurrency has been able to largely invalidate this weakness, as it is now pushing up towards its previous consolidation channel Its strong reaction to its recent lows allowed it to narrowly avoid forming a so-called “death cross” on its cloud indicator It also confirmed the existence of a bull-favoring ascending triangle that could fuel […] дальше »

2020-6-17 02:00


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Ethereum Forms Ascending Channel, But Bears Aren’t Out of the Woods Yet

Ethereum, like Bitcoin, has been able to recapture its previous trading range and put some serious distance between its current price and its recent lows The crypto market has been able to see a swift recovery from the overt weakness seen yesterday This, to many bulls, seemed to confirm that the market is well poised to see further upside in the days and weeks ahead In the case of Ethereum, the crypto now appears to […] дальше »

2020-6-17 23:00


Bitmain Losing its Market Share as Customer Base Moves More and More Out of China: BitMEX Report

“Competition has tightened within the ASIC manufacturing industry,” stated BitMEX in its latest research report noticing the presence of big players like Bitmain, Canaan, Ebang, and MicroBT. According to the report, post halving, both the ASIC manufacturing and mining farm operating sector will consolidate further. дальше »

2020-6-17 22:22


Credits Company is Entering the European Market Pursuing a Greater Role in Blockchain Industry

On June 15, 2020, Credits company announced that it obtained a license for its CS cryptocurrency. For the company, that will be followed by further steps, in particular, the gradual entry into the EurThe post Credits Company is Entering the European Market Pursuing a Greater Role in Blockchain Industry appeared first on AMBCrypto. дальше »

2020-6-16 18:15


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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 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