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Bitcoin Has Reached a “Critical Juncture” as Analysts Set Sights on $11,800
Bitcoin’s price has seen a strong rebound from yesterday’s lows, with buyers ardently guarding against a dip into the sub-$11,000 region This has allowed the cryptocurrency to gain some slight momentum, although it remains down from its daily highs From a technical perspective, analysts are noting that Bitcoin is now at a “critical juncture” that will determine its near-term future One trader is setting his sights on a break above $11,800, explaining that sellers will […] дальше »
2020-8-29 21:00 | |
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Exchange Sees Record Growth with Expansion for Rapid Crypto Adoption
Cryptocurrency platform Luno is now expanding into Australia. The region where bitcoin trading reached a record in February, to $74,000 up from $44,000 in January, still remains largely untapped. дальше »
2020-8-28 18:18 | |
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Chainlink Forms Strong Base of Support as Analysts Eye Move to All-Time Highs
Chainlink has been forming what appears to be a strong base of support within the mid-$13.00 region, as each dip here has resulted in it seeing a strong rebound. This is leading analysts to note that upside may be imminent, as the multiple strong reactions to this level throughout the past several days is a […] дальше »
2020-8-27 00:00 | |
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Official Notice Says Cheap Electricity to End for Inner Mongolian Bitcoin Miners
Regional reports say that officials from Inner Mongolia delineated 21 bitcoin mines, as the region plans to stop subsidized electrical rates for certain data firms. Unless the bitcoin mining facilities pack up and migrate, mining farms may see an electrical price increase by one third. дальше »
2020-8-26 12:30 | |
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Why This Bitcoin Analyst Thinks Altcoin Owners Should “Trade With Care”
Bitcoin has begun to drop after attempting to recover back above $12,000. The asset is down 4% in the past 24 hours, now trading at $11,150 as of this article’s writing. Altcoins have plunged even further, with Ethereum sliding down 8% to the $375 region. дальше »
2020-8-26 04:00 | |
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Here’s the Key Support Bitcoin Must Defend to Avoid Serious Downside
Bitcoin has been struggling to garner any clear upwards momentum throughout the past several weeks This has degraded its technical strength, resulting in it seeing heightened selling pressure Analysts are growing somewhat cautious about the crypto’s near-term outlook Nonetheless, it is essential to note that it remains above multiple crucial levels As such, until these support levels throughout the lower-$11,000 region are broken, BTC may still be well-positioned to see further upside Bitcoin and the […] дальше »
2020-8-26 02:00 | |
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Stellar Cyber partners with REVEZ to expand into Asia-Pacific region
Stellar Cyber, a secure AI/ML platform, has announced a strategic partnership with REVEZ Corporation, a Singapore-based technology company. Through the partnership, REVEZ customers will now enjoy comprehensive cybersecurity offered by Stellar Cyber’s Open eXtended Detection and Response (XDR) platform. дальше »
2020-8-26 17:20 | |
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Expect volatility: Bitcoin futures open interest surges to new all-time high
Bitcoin has been seeing relatively quiet price action throughout the past few weeks, with the cryptocurrency primarily trading within the upper-$11,000 region as its bulls and bears reach an impasse. дальше »
2020-8-26 13:00 | |
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Here are the Simple Factors That Could Pull Bitcoin Towards Its 2020 Highs
Bitcoin is showing tempered signs of strength at the present moment as its price pushes up towards $11,800 The cryptocurrency has been seeing slight weakness in recent days, making this latest upswing a welcome development for bulls BTC has yet to break its prolonged consolidation phase between the lower-$11,000 region and $12,000 Some factors suggest a break of this range is imminent in the near-term One analyst is pointing to stock market strength and weakness […] дальше »
2020-8-25 02:00 | |
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Analyst: Ethereum Likely to Plunge to $370 as It Reaches Key Resistance
Ethereum saw a sharp and sudden upswing yesterday that allowed it to post some notable gains The cryptocurrency has now resecured its position within the lower-$400 region, with bulls building major strength following the break above its key resistance level That being said, analysts are still noting that massive resistance that exists right around $408 may prove to be insurmountable in the near-term The selling pressure here may open the gates for ETH to see […] дальше »
2020-8-25 23:00 | |
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Huobi Global Drives Deeper into Russia Partnership
Huobi Global is looking to take a bigger foothold in the promising cryptocurrency region of Russia after it partnered with Huobi Russia, an entity that has been... дальше »
2020-8-22 07:10 | |
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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 »
2020-8-22 02:00 | |
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Here are the Crucial Levels Bitcoin Needs to Defend to Push Higher
It has been a rocky past few weeks for Bitcoin, with the benchmark digital asset mainly stuck within the upper-$11,000 region over the past few days Analysts are now noting that it may be well-positioned to see some further turbulence in the near-term, as it is currently trading above multiple key levels Despite showing some signs of weakness, it is important to note that bulls have been able to hold it above its crucial cloud […] дальше »
2020-8-22 02:00 | |
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China Drives East Asia into Global Crypto Market Pole Position
More than $50 billion in cryptocurrency assets have moved from China-based addresses in the past year alone. The huge numbers coming from the region are directly related to East Asia’s cryptocurrency mining dominance. дальше »
2020-8-21 12:44 | |
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Ethereum Bulls Defend Critical Support; Will Its Strength Last?
Ethereum has been facing intense selling pressure throughout the past few days which has caused its price to shed a good portion of its recent gains This selling pressure first came about after it incurred explosive momentum that sent its price surging up to highs of nearly $450 last week The crypto ultimately fell to the sub-$400 region yesterday, but this dip was quickly absorbed by aggressive buying pressure that helped it climb higher Analysts […] дальше »
2020-8-21 23:00 | |
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Bitcoin Forms Higher Lows as Bulls Defend Against Heavy Selling Pressure
It has been a rocky past few days for Bitcoin and the entire cryptocurrency market After first stabilizing above $12,000 for a multi-day period earlier this week, the crypto recently faced an influx of selling pressure that pushed it back below this level It has now entered what appears to be yet another prolonged consolidation phase in the upper-$11,000 region On a positive note, bulls have been able to establish higher lows, while also guarding […] дальше »
2020-8-21 21:00 | |
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Bitcoin Reaches Crucial Juncture, $11,500 Holds The Key For Next Rally
Bitcoin price settled below the $12,000 support level against the US Dollar. BTC is currently consolidating above the $11,650 and $11,500 support levels, below which it could nosedive. Bitcoin remained in a short-term bearish zone and it settled below the $12,000 region. дальше »
2020-8-20 07:08 | |
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Ethereum Dives into Key Liquidity Region as Technical Outlook Grows “Ugly”
Ethereum has not been able to avoid the impacts of Bitcoin’s recent break beneath $12,000 This key technical development sent shockwaves throughout the market, with ETH reeling down to lows of $400 before finding any significant support Analysts are now noting that the crypto may be well-positioned to see further near-term weakness That being said, it may first navigate higher to tap a key liquidity region before it continues its descent Overall, analysts are expecting […] дальше »
2020-8-20 23:00 | |
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Bitcoin is “Fragile” as It Trades Below Multiple Crucial Levels
Bitcoin witnessed an intense influx of selling pressure yesterday that caused its price to reel down towards lows of $11,600 Although it was able to find strong support at these lows, this recent selloff forced it back below the $12,000 region This is a grim sign for its mid-term outlook, as it points to underlying weakness amongst the cryptocurrency’s bulls Analysts are now noting that it does appear to be in a “fragile” position This […] дальше »
2020-8-19 21:00 | |
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Here’s Why Bitcoin May Soon See a Sharp “Downside Flush” Despite Stability
Bitcoin has found some strong stability within the lower-$12,000 region following yesterday’s upswing Analysts are widely confident that it is currently caught within the early stages of its next bull run, which may ultimately lead it up towards its all-time highs Despite getting closer to these highs each week, there may still be some turbulence ahead for the cryptocurrency One analyst is noting that high funding rates for BTC on margin trading platform spell trouble […] дальше »
2020-8-19 21:00 | |
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Excessive Flooding in Sichuan Causes 20% Hashrate Losses for Chinese Bitcoin Miners
Torrential downpours of nonstop rain have been wreaking havoc in China’s Sichuan province, which has caused some operations to shut down ASIC mining devices. Reports from the region show that certain areas have seen electrical shortages and the aftermath is causing quite a bit of stress for Chinese bitcoin miners. дальше »
2020-8-19 20:30 | |
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Bitcoin Plunges Under $12,000 After Breakout: Here’s What Could Come Next
On Monday, Bitcoin underwent a notable breakout. The asset surged from the $11,800 baseline it was trading at to a daily high just shy of $12,500 in the span of hours. The move brought BTC above the pivotal $12,000 region, which acted as resistance at the highs of three separate rallies over the past two […] дальше »
2020-8-19 17:28 | |
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Sichuan Officials Continue to Foster the Relationship Between Bitcoin Mining and Hydropower
The province of Sichuan is well known for being one of the largest concentrations of bitcoin miners on earth because electrical costs are extremely cheap in the region. Data shows that miners using hydropower in Sichuan are paying between 0. дальше »
2020-8-18 11:30 | |
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According To This Analyst, There’s a 30% Chance That Bitcoin Reaches $17,000 By Year-End
Bitcoin has been in a consolidation phase in recent weeks. Despite the long-term outlook for bitcoin remaining overwhelmingly bullish, it seems that the short-term progress is being hampered by the stubborn resistance at the $12-13K region. дальше »
2020-8-18 11:07 | |
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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 »
2020-8-18 05:00 | |
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XRP Has “Officially Started” Its Next Bull Run After Breaking This Key Level
XRP is currently pushing higher alongside Bitcoin and the rest of the cryptocurrency market. The digital asset has been struggling to break above the resistance that exists between $0. 30 and $0. 33, but it now appears that bulls are vying to push it past this key region. дальше »
2020-8-18 00:00 | |
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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 | |
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Here’s the Level Bitcoin Traders Should Be Watching for the Weekly Close
Bitcoin’s weekly candle close is coming up. It is set to take place in around two hours after this article’s publishing time. BTC is trading flat in the past 24 hours, having found support in the $11,800 region. дальше »
2020-8-18 01:00 | |
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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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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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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 | |
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Here’s How Low Ethereum May Need to Plunge Before it Can Rally Higher
Ethereum saw a massive price spike yesterday that allowed it to shatter its previous resistance at $400 From here, the cryptocurrency rallied nearly 10% higher until it hit the $430 region, which is where it found some short-term resistance Although being incredibly strong at the present moment, analysts are noting that it may first need to see a deep pullback before its price can push any higher This may lead it as low as $360 […] дальше »
2020-8-15 23:00 | |
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Market Update: BTC Inches Toward $12K, ETH Jumps 12%, Report Says LINK May See ‘Rough Waters’
Digital currency markets have increased significantly in value during the last 24 hours as the market capitalization of all 5,700+ coins is up over 2. 4% on Friday. Bitcoin has been inching toward the $12k region again and ethereum touched a high over $442 a coin during the afternoon trading sessions. дальше »
2020-8-15 22:45 | |
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Nigerians Using Bitcoin for International Trade Despite Regulatory Uncertainties
Bitcoin (BTC), the world’s flagship cryptocurrency is rapidly gaining traction around the world as a tool for international trade and commerce. Several forward-thinking businessmen in Nigeria are now using the blockchain-based digital currency to scale the hurdles of foreign exchange in the region, according to a report on August 13, 2020. дальше »
2020-8-14 23:07 | |
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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 »
2020-8-13 23:00 | |
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Analyst: Bitcoin Likely to Tap $10,000 Unless Bulls Spark Strong Movement
Bitcoin has been oscillating between the lower and mid-$11,000 region throughout the past few days This rocky price action comes close on the heels of the harsh rejection at $12,000 that it posted this past weekend The cryptocurrency will likely continue struggling to garner any momentum as long as hovers below the upper-$11,000 region, which is where it faces some resistance Analysts do believe that some near-term downside could be imminent in the days and […] дальше »
2020-8-13 21:00 | |
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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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XRP‘s “False Move” Could Lead it to $0.25 Despite Macro Strength
XRP has been struggling to maintain the upwards momentum that it incurred just over a week ago. The cryptocurrency met insurmountable resistance within the lower-$0. 30 region that slowed its ascent, subsequently causing it to break back into the upper-$0. дальше »
2020-8-13 02:00 | |
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Bitcoin Bulls Defend Critical Support; Here’s Where it May Go Next
Bitcoin saw a notable drawdown yesterday that came about after bulls once again failed to break the $12,000 resistance level This led BTC to lows of $11,200 that were ardently guarded by its buyers, and it has since bounced slightly The ongoing bounce likely marks bulls attempt to regain control over the digital asset Analysts are noting that it may be well-positioned to see further upside now that it has confirmed the lower-$11,000 region as […] дальше »
2020-8-13 21:00 | |
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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 »
2020-8-12 10:00 | |
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Here’s the Crucial Trading Range That Will Determine Bitcoin’s Macro Outlook
Bitcoin has been caught in a firm consolidation phase but is now showing some signs of weakness The cryptocurrency is currently pushing down towards its key support within the mid-$11,000 region as its bulls falter There is currently a massive trading range that analysts are closely watching Which of the range boundaries that the crypto breaks above – or below – first will likely offer significant insight into its near-term trend Some respected traders are […] дальше »
2020-8-12 02:00 | |
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History Suggests Bitcoin Could Soon See a Rapid Rise to Fresh All-Time Highs
The entire cryptocurrency market – including Bitcoin – is currently witnessing some slight downwards pressure that has slowed BTC’s ascent The benchmark cryptocurrency is facing what appears to be insurmountable resistance at $12,000 Each attempt that bulls have made to break through this level has resulted in firm rejections that send its price reeling down towards the mid-$11,000 region Despite showing some signs of weakness, the cryptocurrency remains well-positioned to see further near-term upside – […] дальше »
2020-8-12 21:00 | |
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Bitcoin options market shows it is “open air” for BTC after $14,000
Bitcoin is currently caught within another bout of sideways trading as its price hovers within the upper-$11,000 region. The post Bitcoin options market shows it is “open air” for BTC after $14,000 appeared first on CryptoSlate. дальше »
2020-8-11 10:21 | |
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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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Retail Investors are Flooding into Bitcoin as Likelihood of Explosive Rally Grows
Bitcoin’s price has been caught within a strong uptrend throughout the past several weeks, although this momentum is showing some signs of stalling as the cryptocurrency consolidates within the upper-$11,000 region. дальше »
2020-8-10 01:00 | |
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