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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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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


Bitcoin Blasts Back Above $12,000, Sets New High For 2020

Bitcoin’s price this morning blasted clean above $12,000 for yet another attempt to hold above the key level. The latest move also has set a new high for the year. Will this latest performance from bulls lead to a much stronger push higher to retest $14,000, or after so many weeks of positive momentum, is the trend started to near its end? New 2020 Record High Set For BTCUSD After Monday Morning Mayhem This morning, […] дальше »

2020-8-18 18:04


Why Bitcoin May See an Explosive Rally Despite Recent $12k Rejection

Bitcoin and the entire cryptocurrency market have been seeing some rather mixed price action in recent weeks. Although the benchmark digital asset currently remains caught within a prolonged consolidation phase within the upper-$11,000 region, it has been facing multiple rejections at $12,000 that have hampered its near-term outlook. дальше »

2020-8-17 01:00


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Ethereum Faces a Critical Weekly Close as Bears Shatter Key Support

Ethereum has been struggling to maintain its momentum ever since it peaked within the $440 region The cryptocurrency is now trading right around a crucial support level that bears were able to shatter overnight Bulls are now moving the reclaim the cryptocurrency’s position above this level Whether or not it can hold above this level as its weekly close fast approaches should provide investors with significant insight into its near-term outlook Analysts are noting that […] дальше »

2020-8-17 22:00


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Here’s How High One Trader Expects Bitcoin to Climb Before Forming a Top

Bitcoin faced yet another $12,000 rejection yesterday that caused the cryptocurrency’s price to reel down towards $11,700 This level appears to have been established as support, as buyers ardently defended against any break below it It now appears that the crypto’s short-term technical outlook remains unchanged, as BTC is still consolidating within the upper-$11,000 region As for where it may go next, one analyst explained that he is looking towards $13,000 as a near-term target […] дальше »

2020-8-17 19:00


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Ethereum Slides to Crucial Support Level as Analysts Eye an Emerging Bull Flag

Ethereum posted a massive breakout yesterday that allowed it to put a firm end to the bout of sideways trading that it was previously experiencing The cryptocurrency is now attempting to stabilize within the mid-$400 region It is important to note that $450 does appear to be a resistance level, as this is around where its momentum faltered during its recent push higher One analyst is now noting that $430 is a crucial support level […] дальше »

2020-8-16 22:00


Analyst: Bitcoin Could Surge to $17,000 Once This Crucial Level is Broken

Bitcoin has been caught within a bout of sideways trading for the past couple of weeks This has led it to form a relatively wide trading range between $11,200 and $12,200 The crypto’s buyers have been ardently guarding against a dip to below the lower boundary of this range, as a strong upswing follows each visit here Analysts are now noting that BTC may be positioning itself to see significantly further gains in the short-term […] дальше »

2020-8-16 19:00


Here’s Why Bitcoin Is A Better Bet Than Gold & Even Stocks

Bitcoin again came close to hitting $12,000 yesterday but failed to do so and currently trades around $11,785. While the digital asset has been struggling to reach this level for a fortnight now, bitcoin’s gains since its March lows has helped crypto-focused hedge funds to navigate choppy markets better than their peers focused on bonds […] дальше »

2020-8-15 17:11


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This Fundamental Metric Suggests Bitcoin is in the Early Stages of a Bull Run

Bitcoin and the entire crypto market was able to see a push higher yesterday afternoon, which came about shortly after Ethereum surged past its near-term resistance level ETH, which was previously stuck below $400, incurred an explosive rally that sent its price racing up to highs of $430 This provided BTC with a slight tailwind, but the benchmark cryptocurrency remains stuck below its $12,000 resistance Despite its technical weakness, from a fundamental standpoint, it appears […] дальше »

2020-8-15 21:00


Bitcoin Prone to Seeing Downside as It Trades Below Key Level

Bitcoin and the aggregated crypto market are struggling to extend the mid-term uptrend that has driven them higher over the past few weeks This has come about as BTC pushes up against insurmountable resistance at $12,000 – a level that it has been rejected at on multiple occasions Analysts are now noting that it may require a daily close above $11,900 for it to see further upside that sends it past this price level There […] дальше »

2020-8-14 02:00


Institutional Investors Gobbling Up More Bitcoin Than Being Mined This Month

Even since Bitcoin entered August, the price has taken to test the $12,000 level after successfully breaching the key levels, $10,000 and $10,500 last month. But so far, the digital asset hasn’t been able to sustain above $12k despite breaking above it twice, resulting in a crash afterward. We are now back to trading around […] дальше »

2020-8-13 19:46


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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


Ethereum is at Risk of Losing a Crucial Level Following Yesterday’s Selloff

Ethereum has been closely tracking Bitcoin’s price action in recent weeks, which caused it to see some intense bearishness yesterday The cryptocurrency’s price dove as low as $367 once the selling pressure began peaking From this point, it saw a strong rebound that allowed it to recapture that vast majority of these losses It now appears to be well-positioned to see slightly further near-term upside One analyst believes that this latest dip did put ETH […] дальше »

2020-8-13 23:00