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Here’s Why Bitcoin May Face a Harsh Correction Before It Can Rally Higher
Bitcoin is in the process of stabilizing following the swift rebound it incurred overnight This allowed the benchmark crypto to climb from lows of $11,150 to highs of $11,500, around which price it is now hovering around Analysts are noting, however, that there is a path forward for the cryptocurrency to see a much stronger correction than the one seen yesterday One trader is watching for a rejection at $11,700, as he notes that this […] дальше »
2020-8-29 02:00 | |
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Bitcoin’s Price is Hovering Above “Last Ditch” Support Following Recent Selloff
Bitcoin is currently teetering above its crucial support at $11,300 This level has been holding strong over the past day, but an influx of selling pressure has put it at risk of being broken below in the near-term This level also happens to coincide with the benchmark crypto’s 200-day ema, which is a crucial technical level that must be defended If this technical and horizontal support is lost in the days ahead, BTC could be […] дальше »
2020-8-27 02:00 | |
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Will Ethereum’s Strong Weekly Close Be Enough to Propel It Higher?
Ethereum has been hovering between $420 and $430 for the past few days, with the resistance found around $450 sparking a prolonged consolidation phase The cryptocurrency has been unable to extend its recent upwards momentum after facing a rejection at this level This has pointed to some underlying short-term weakness, although its long-term outlook remains incredibly bright Analysts are now noting that the token may be well-positioned to see significantly further upside after it sees […] дальше »
2020-8-18 23:00 | |
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Analyst: This Massive Bull Flag Could Send XRP Flying Towards $1.00
XRP has been hovering around the $0. 30 region for the past couple of days, with its price breaking back above this level after an extended bout of trading beneath it. The cryptocurrency’s price action in recent weeks has been somewhat mixed, with its rally from the lower-$0. дальше »
2020-8-16 04:00 | |
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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 »
2020-8-13 02:00 | |
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Market Outlook: BTC Trend Targets $15K, Bitcoin Bull Raoul Pal ‘Irresponsibly Long’
Cryptocurrency markets have been fluctuating quite a bit lately, as bitcoin and a number of crypto assets have been testing new resistance levels. The market valuation of the entire crypto-economy is hovering around $360 billion as a decent portion of the top twenty digital assets have gained 1-15% in the last 24 hours. дальше »
2020-8-10 17:43 | |
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Analysts Expect Ethereum to See an Explosive Rally to $440; Here’s Why
Ethereum has been hovering around the $390 region throughout the past several days and weeks, struggling to break above $400 due to the heavy selling pressure that has been established at this price level. дальше »
2020-8-10 05:00 | |
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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 »
2020-8-8 00:00 | |
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Bitcoin Hitting $20,000 ATH is ‘Entirely Conceivable’ by Year-end with No Resistance from Here
It’s been over a week now since bitcoin first hit $11,000. Although there have been a few small dips below this level, the world’s largest cryptocurrency is hovering around this level for the majority of the time. дальше »
2020-8-4 15:36 | |
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Bitcoin News Roundup for July 30, 2020
With the price of bitcoin hovering near recent highs and some wondering whether we're poised for a pullback, CoinDesk's Markets Daily is back for your latest news roundup. дальше »
2020-7-30 19:00 | |
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Bitcoin Is Overbought Just like Gold, What Does it Mean for New Highs
It was only last week that bitcoin started moving only to break the key levels $10,000 and $10,500. Earlier this week, the largest cryptocurrency went as high as $11,400 and since then has been hovering around $11k. дальше »
2020-7-30 15:46 | |
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Crypto Race Heats Up: Bitcoin’s Dominance Ratio Drops to Lowest Level in 12 Months
The largest digital asset by market capitalization, bitcoin has lost a significant share of market dominance during the last few weeks. Bitcoin’s dominance ratio dropped to 61. 5% on Thursday, after hovering around 66% for months on end. дальше »
2020-7-24 01:30 | |
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These “Perfect Storm Of Trends” Indicate Bitcoin Is On The Verge Of A Raging Bull Market
For a prolonged period of time, Bitcoin has not gone through a significant price change. Whilst still failing to break out of the $10,000 level, it has been hovering around $9,200 for the past two months. дальше »
2020-7-17 18:28 | |
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Bitcoin Creates Bullish Hammer Above Crucial Moving Average
The Bitcoin (BTC) price is trading slightly above an important moving average (MA), but slightly below a crucial support area found at $9,250. Today is the seventh day that the price has been hovering around this level. дальше »
2020-7-15 13:30 | |
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Bitcoin is Flashing Signs of Weakness as It Trades Below Crucial Level
After another failed breakout attempt, Bitcoin is once again hovering just above its crucial $9,200 support The entire crypto market is currently expressing some signs of weakness This weakness may be rooted in BTC’s decline beneath what one analyst is describing as a crucial level He notes that a daily close beneath $9,230 would make a compelling case that further downside is imminent This comes as multiple technical indicators all point to an imminent surge […] дальше »
2020-7-15 02:00 | |
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Bitcoin is About to See “Nasty Price Action” if it Breaks One Crucial Level
Bitcoin has entered yet another consolidation phase, this time hovering around $9,200 as it reestablishes its position within its previously held range between $9,000 and $9,300. The cryptocurrency’s recent price action has done little to offer any significant insight into its macro outlook, as it still remains caught within its long-held range between $9,000 and […] дальше »
2020-7-12 01:00 | |
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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 | |
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Market Wrap: Bitcoin Never Going to Zero, Philanthropist Giving Away Money to Buy BTC
This week, the price of bitcoin moved, although it continues to trade in a tight range and is still hovering around $9,200 on low volume. However, a report by Stack Funds says the digital asset’s extended bull flag continues with long-term narrative intact. дальше »
2020-7-12 17:58 | |
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Ethereum Could Set a “Lower Low” if It Breaks Beneath This Crucial Level
Ethereum is now showing some signs of underlying weakness despite seeing some strong price action over the past few days After hovering within the upper region of its long-established trading range, the slight downwards movement seen by Bitcoin and the aggregated market has forced it lower It hasn’t declined beneath any crucial support levels yet, but several sit just below where it is currently trading at One analyst is noting that its closest support is […] дальше »
2020-7-11 23:00 | |
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Why One Top Bitcoin Trader Believes Now is the “Calm Before the Storm”
Bitcoin has seen some of the most boring price action it has witnessed in over a year. After ranging between $9,000 and $10,000 for over two months, the cryptocurrency has now narrowed its trading range to between $9,000 and $9,300, with BTC primarily just hovering around $9,100. дальше »
2020-7-5 01:00 | |
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The Last Time This Indicator Emerged, Bitcoin Dropped 50%. It’s Back
Bitcoin has shown some continued signs of weakness today due to its inability to garner any clear upwards momentum It is now hovering within the lower region of its long-held trading range, and it remains unclear as to just how long this support will last for Its latest decline lower has caused it to grow weak from a technical perspective One crucial indicator that has been bullish throughout the past several months just flipped bearish […] дальше »
2020-6-27 21:00 | |
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Bitcoin Bears Are Piling Up, Crypto Market Sentiment Remains in Fear
Bitcoin is stuck in a range and continues to struggle to make its way out of it. The world’s leading digital currency is currently hovering around $9,200, turning barely green on just $1. 3 billion ‘real’ trading volume. дальше »
2020-6-26 16:18 | |
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Here’s Why Bitcoin’s Next Big Move is Likely to be Down
Last night bitcoin yet again dropped below $9,000 to $8,989. Since the beginning of this week, BTC has lost 6% of its value. Currently, we are hovering around $9,250 while managing $2 billion in ‘real’ volume. дальше »
2020-6-25 15:18 | |
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Bitcoin CME COT report hints at short positons increasing soon
Bitcoin's price has been hovering under $10,500 and above $9,000 for almost 10 months now. In these 10 months, the price has dropped down to $3,800 and hit $10,000, however, it doesn't seem to be any The post Bitcoin CME COT report hints at short positons increasing soon appeared first on AMBCrypto. дальше »
2020-6-20 21:30 | |
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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 Could Teleport Straight to $8,000; Here’s What Traders are Saying
Bitcoin’s consolidation phase has shown no signs of letting up anytime soon, as it has been hovering around $9,400 ever since it was able to rebound from its recent lows of $8,900. It is important to keep in mind that the cryptocurrency has been forming lower highs over the past several weeks. First it posted […] дальше »
2020-6-18 04:00 | |
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This Silver Fractal Suggests Bitcoin Could Soon See a Parabolic Rally
Bitcoin’s well-established consolidation trend is showing no signs of ending anytime soon, as the crypto is still hovering within the mid-$9,000 region Each attempt to break above or below the upper and lower boundaries of its current trading range have been unsuccessful There is, however, one fractal pattern that bodes well for the crypto’s bulls One analyst is pointing to similarities between previous silver price action and Bitcoin for insights into where the benchmark digital […] дальше »
2020-6-18 21:00 | |
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Bitcoin Pops Up on More QE But No Reason to be Overly Bullish Yet
After falling below $9,000, Bitcoin is back to hovering around $9,500. The leading cryptocurrency has been trading in this range since early May and continues still but on low volume. The Commitment of Traders (COT) report doesn’t paint a good picture with CME Dealers net short, the bias actually increased by 35% last week, the […] дальше »
2020-6-17 18:17 | |
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Ethereum Network Usage Continues to be at All-Time High, What’s ETH Future Hold?
Daily Ethereum gas usage continues to be at its all-time high after seeing an increase of 58% since the beginning of the year. Currently, it is hovering above the 60 billion mark. During the 2017 bull run, the Ethereum gas usage spiked significantly, surging 3413%. дальше »
2020-6-15 19:05 | |
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Bitcoin short-term price analysis: June 14
Although bullish on a longer time frame, bitcoin has shown bearishness on the lower time frame on multiple occasions. As it has been hovering in the $9,000 range for more than a month, the price looksThe post Bitcoin short-term price analysis: June 14 appeared first on AMBCrypto. дальше »
2020-6-14 17:00 | |
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User Pays $2.6 Million to Transfer Just $130 Worth of ETH; By Far the Highest Fees Ever Paid
After climbing above $240, the second-largest cryptocurrency has slowed down and is keeping around this level. The percent of Ether supply in profit, which is the percentage of calculating ETH whose price at the last time it moved on-chain was lower than the current price, is currently hovering at 80%. It is the third attempt […] дальше »
2020-6-11 17:56 | |
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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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Ethereum is Flashing Signs That a Sizable Bull Run is Looming
Ethereum has seen some rather lackluster price action in recent times, hovering around the $200 level as its buyers and sellers largely reach an impasse. This price action has not been emblematic of the cryptocurrency’s underlying fundamental strength, however, and one analyst is noting that there are a few major factors that suggest a massive... дальше »
2020-5-28 00:00 | |
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It’s Decision Time for Bitcoin: These are the Price Levels Analysts are Targeting
Bitcoin has been firmly caught within a bout of consolidation over the past few days, largely hovering within the lower $9,000 region It appears that it is decision time for the cryptocurrency, as how its ongoing period of sideways trading resolves could set the tone for where it trends in the weeks ahead This next movement could be quite drastic, as some analysts are noting that it could result in a $1,000+ candle Bitcoin has […] дальше »
2020-5-24 19:00 | |
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This Fractal Pattern Puts XRP at Grave Risk of Seeing Massive Downside
XRP has been largely hovering around the $0.20 region in recent times, failing to garner any decisive momentum as the aggregated market stalls The crypto’s lack of growth in recent times has led it to surrender its spot as the third largest digital asset to stablecoin Tether (USDT) One analyst is now pointing to a grim fractal pattern that shows the cryptocurrency could be at grave risk of seeing a massive downside movement in the […] дальше »
2020-5-22 23:00 | |
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New to Bitcoin? Beginners Guide to Buying Bitcoin Now
Following a brutal bear market in March, bitcoin has rebounded and continues to hold strong, despite the volatility of traditional markets. Meaning a buy-in now could save you later. Those who are new to trading look at the price of bitcoin- currently hovering strongly around $8,000 per BTC, and don’t see a place to buy-in. дальше »
2020-5-22 19:26 | |
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Crypto Market Is Dicey, The Bullish Golden Cross Is Very Likely a Non-Factor for Bitcoin
In May, Bitcoin flirted with $10,000 a number of times but it was never able to achieve it. Now today, the world’s leading digital currency is down 3. 25% and hovering around $9,085 while managing $2. дальше »
2020-5-22 18:45 | |
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Bulls Take Control Despite Bitcoin Erasing 15% in the Pre-Halving Crash
Post-halving prices have stabilised below $8,700. The weekend before the halving, Bitcoin crashed 15% and touched $8,100 and has since struggled to breach $9,000 Bitcoin’s price crashed 15% in the days before the halving and appeared to be hovering below $8,700 afterwards. дальше »
2020-5-15 19:39 | |
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Low Fees, Easy Access, and Lots of Free Time Pushing Young Investors into Markets
Since falling off $10,000, Bitcoin’s price is hovering at around $9,000. For now, the bitcoin halving didn’t have much impact on the market. The miner liquidation or much-feared miner capitulation as a result of block reward halving didn’t materialize, not yet. дальше »
2020-5-13 21:08 | |
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Third Bitcoin Halving Is Finally Here, BTC Hovering Around $8700 Now
Coinspeaker Third Bitcoin Halving Is Finally Here, BTC Hovering Around $8700 NowWith the latest Bitcoin halving, the BTC mining rewards have reduced from 12. 5 BTC to 6. 25 BTC. Since its last halving in 2016, the BTC price has appreciated 1200% so far until the third event. дальше »
2020-5-12 11:12 | |
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Bitcoin Price Is Close to $10,000 as 3 Days Left Before BTC Halving 2020
Coinspeaker Bitcoin Price Is Close to $10,000 as 3 Days Left Before BTC Halving 2020With approximately three days before the 2020 Bitcoin halving, BTC price is hovering around $10k with the bulls easily flexing their muscles against the bears. дальше »
2020-5-9 21:12 | |
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Will Bitcoin's velocity help it overshadow April's performance with May's?
The final week of April left a lasting image on the community's mind. In fact, for many, it was reassuring to see Bitcoin defy the odds in the market, in spite of the uncertainty hovering over the traThe post Will Bitcoin's velocity help it overshadow April's performance with May's? appeared first on AMBCrypto. дальше »
2020-5-2 19:00 | |
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Cryptocurrency News Roundup for April 29, 2020
Bitcoin bulls are having quite the field day after the benchmark cryptocurrency soared nearly 20% on the 24-hour scale and is currently hovering just under $9,200. That’s significant considering there are only 12 days to go until the much-awaited Bitcoin halving 2020. дальше »
2020-4-30 14:10 | |
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Bitcoin’s Third Halving: Survey Shows 50% of Miners Expect a Price Increase
The block reward halving for BTC is 32 days away and crypto businesses and mining operations are steadily preparing for the event. Today, Bitcoin’s hashrate is hovering just above 100 exahash per second (EH/s) and one year after the 2016 halving, the digital asset’s price and hashrate climbed over 240%. дальше »
2020-4-11 21:24 | |
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Billionaire Bull Mike Novogratz Perfectly Explains Why He Believes 2020 Will Be Bitcoin’s Year
After hovering just below $6500 yesterday (March 22), the bears won the day as BTC price crumbled below $6,000. Bitcoin is trading at $5825. 42 at press time and some traders expect further correction as the coronavirus pandemic continues to wreak havoc in Europe and the United States. дальше »
2020-3-24 14:16 | |
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XRP is now nearing 3-year lows: what’s behind the massive correction?
The price of XRP is nearing a three-year low, hovering at around $0. 15. Last week, XRP fell to as low as $0. 114, which it has not hit since May 2017. The underperformance of the cryptocurrency against both Bitcoin and the USD comes as the appetite for high-risk assets is increasingly on the decline. дальше »
2020-3-24 12:24 | |
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Amazon (AMZN) Stock Rises 2.78%, Amazon Prime Pantry Temporarily Closes Due to Coronavirus
Coinspeaker Amazon (AMZN) Stock Rises 2. 78%, Amazon Prime Pantry Temporarily Closes Due to CoronavirusAmazon's business appears to be thriving these days. At the same time, hovering around $1,800 per share, Amazon (AMZN) stock is down about 17% from its recent high. дальше »
2020-3-20 13:43 | |
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