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 »

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Bitcoin Resumes Downward Movement After $11,650 Rejection

The Bitcoin (BTC) price had been slowly retracing upwards after a sharp drop on Aug 11. Technical indicators and the price movement indicate that the increase is more likely to be a correction rather than the beginning of a new upward trend. дальше »

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Cosmos plummets 8% after violent rejection at $5.80

ATOM has plunged 8% today as bears violently reject attempts advances near $6.00 ATOM/USD...

The post Cosmos plummets 8% after violent rejection at $5.80 appeared first on Coin Journal.

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Bitcoin May Start a New Consolidation Trend After Facing Another $12k Rejection

Bitcoin is currently consolidating beneath $12,000 after facing a slight rejection at this level overnight The cryptocurrency has been struggling to break above this resistance for over a week One analyst is now noting that the resistance here may hold strong for the days to come, with BTC now kicking off a new consolidation phase Once the benchmark digital asset can break above this level, analysts are noting that a move to $13,000 will likely […] дальше »

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Here’s Why Traders are Growing Cautious About Bitcoin’s Current Outlook

Bitcoin attempted to shatter its $12,000 resistance yesterday, which ultimately resulted in a rejection that led it down towards $11,700. At this price level, however, buyers stepped up and absorbed the heavy selling pressure, subsequently pushing the benchmark cryptocurrency up towards $11,900 before its momentum began slowing. дальше »

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Ethereum’s MA50 Just Broke a 500-Day Consolidation Phase; What This Means

Ethereum has been consolidating alongside Bitcoin and most other major altcoins throughout the past several days. This consolidation phase comes close on the heels of the strong upwards movement that sent the cryptocurrency surging from recent lows of $230 to highs of $415 that were set last Saturday. Ever since it faced a rejection at […] дальше »

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Bitcoin Derivatives Data: the Rally to $11,500 Likely the Start of a Greater Move

Bitcoin has stalled in the high-$11,000s over the past few days after the cryptocurrency faced its second rejection at $12,000. As of the time of this article’s writing, the cryptocurrency trades for $11,650. дальше »

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Here’s Why Analysts Expect Bitcoin to Plunge Towards $10,300 Next

Bitcoin has been consolidating within the upper-$11,000 region for the past several days. Its ongoing bout of sideways trading first came about last weekend when it faced a firm rejection at $12,000. дальше »

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Bitcoin Plunges Under Pivotal $11.5k Support: What Do Analysts Think Is Next?

Bitcoin is slipping lower after peaking at $11,950 just the other day. This marked the second major rejection at the pivotal $12,000 level in the span of a week. As of the time of this article’s writing, BTC is trading for $11,400. дальше »

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Why One Trader Thinks Bitcoin Will See a $1,000+ Plunge Despite Ongoing Upswing

Bitcoin is currently showing intense signs of technical strength as it races towards $12,000 once again despite the recent rejection at this level The cryptocurrency is now well-positioned to see further upside but remains within a short-term consolidation phase until it shatters this level This uptrend may be bolstered by its break above a previously formed trading range within the lower-$11,000 region One analyst still believes that Bitcoin is at risk of seeing a large […] дальше »

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Analyst: Closing Above This Crucial Level Could Catapult Bitcoin to New Highs

Bitcoin appears to have entered a clear consolidation phase as it trades within the lower-$11,000 region Overnight the crypto faced a slight rejection after buyers tried to push it up towards its near-term resistance Buyers were not able to surmount the heavy selling pressure that existed within this region, and the crypto fell back to its support at $11,000 Analysts are now noting that BTC could be just a stone’s throw away from seeing an […] дальше »

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A Visit to This Crucial Support Region Could Start Bitcoin’s Next “Moon Mission”

Bitcoin has faced some turbulence throughout the past couple of days. Following the benchmark cryptocurrency’s firm rejection at $12,000 this past weekend, it has largely been consolidating within the lower-$11,000 region. дальше »

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Bitcoin Holds Above Crucial “Ichimoku Cloud” as Analysts Remain Optimistic

Bitcoin has entered a consolidation phase within the lower-$11,000 region This comes shortly after bears stepped up and catalyzed a swift rejection at $12,000 this past weekend The cryptocurrency is now flashing some signs of weakness as it hovers above its key support at $11,000 Bulls have been able to hold it above multiple crucial levels throughout the past couple of days This is leading some traders to remain firmly bullish on the benchmark cryptocurrency’s […] дальше »

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Eerie Fractal Predicts Bitcoin Will Cross Above $12k Again Very Soon

Bitcoin faced a steep rejection at $12,000 just 24 hours ago. The asset fell by $1,600 in the span of five minutes, liquidating hundreds of millions worth of long positions. Some analysts saw this rejection as a validation of their bearish sentiment. дальше »

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XRP Could Crash 50% as Price Undergoes Critical Rejection: Analyst

Last week, analysts thought XRP was on the verge of a massive breakout. Against the dollar and against Bitcoin, the leading altcoin saw an explosive breakout that reminded some of the start of the infamous 2017/2018 pump. дальше »

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Bitcoin Flipping $11,500 Into Support Could Trigger a Move to $14,000

Bitcoin experienced a violent rejection at $12,000 on Saturday night. The move resulted in hundreds of millions worth of buy-side liquidations, then millions more on the sell-side on the bounce. Analysts say that for Bitcoin to confirm more upside, it will need to flip $11,500 into support. дальше »

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$12k Bitcoin Can Unlock Prices “As High as Imagination” Will Allow: Analyst

Bitcoin has faced a rejection after surging as high as $11,500 on Monday. As of the time of this article’s writing, BTC is at $10,800. Analysts remain optimistic despite this drop from the local highs, arguing that the bearish market structure that persisted last week is now broken. дальше »

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Bitcoin Just Hit $10k But It May Rally Higher as More Stimulus Nears

It’s been an explosive past few days for Bitcoin. After starting last week at $9,200, the asset now trades above $9,900. BTC temporarily hit $10,200 on leading exchanges just hours ago. Some fear that the initial rejection at $10,000 is a sign that BTC has room to fall. дальше »

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Here’s Why Bitcoin is Poised to Hit $11,500 Following Overnight Rally

Bitcoin and the entire cryptocurrency market witnessed an intense upswing overnight, with BTC and Ethereum outshining altcoins for the first time in many weeks This sharp upwards movement came about suddenly, and for a brief moment allowed Bitcoin to shatter the resistance it previously faced at $10,000 The selling pressure above this level was heavy, however, and caused the cryptocurrency’s price to decline after it hit highs of $10,200 Despite the rejection here, analysts are […] дальше »

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Ethereum Isn’t Out of the Woods Yet; Why ETH Could See a Sharp Decline

Ethereum’s intense uptrend has allowed the crypto to gain what appears to be a stable foothold within the $270 region Despite facing a firm rejection at $280, ETH has been able to continue flashing signs of strength At the moment, it appears to be highly correlated with Bitcoin as the two assets start another consolidation phase Analysts are now noting that Ethereum could be in for some trouble despite its overt strength It’s possible that […] дальше »

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Chainlink’s Violent Rejection Leads it to Crucial Support; Will It Hold?

Bitcoin has been stealing altcoins’ thunder over the past several hours, with many smaller tokens plummeting as BTC surges past $9,400 Chainlink, despite its overt strength, is one example of a token that has posted major losses over the past day This latest decline marks an extension of the downtrend that it has been caught within throughout the past few days It has now reached a crucial support level that bulls are attempting to defend […] дальше »

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Why unprecedented exchange inflows aren’t stopping Chainlink’s momentum

After facing a grim rejection at its newly established all-time highs of $8.45, Chainlink’s buyers have stepped up and are once again pushing the token’s price higher. The post Why unprecedented exchange inflows aren’t stopping Chainlink’s momentum appeared first on CryptoSlate. дальше »

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Chainlink Sees “Off the Chart” Exchange Inflows as Whales Look for an Exit

Chainlink’s impressive multi-year high reached a boiling point a couple of days ago when bulls pushed it to fresh highs of $8. 50 The crypto faced a firm rejection here that has since caused its price to reel lower Buyers have since been able to construct what could be a mid-term bottom within the lower-$7. дальше »

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There’s Heavy On-Chain Support, Even If the Bitcoin Price Falls 10%

It seems that many crypto traders are preparing for an imminent pullback in the price of Bitcoin. The cryptocurrency once again sustained a rejection at $9,500, which quickly deflated the expectations of a bullish breakout. дальше »

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A Technical Cross That Sent Bitcoin 60% Lower Is Close to Forming

Save for the rejection at $9,500, Bitcoin has held up rather well on a macro scale over the past few days.  As of the time of this article’s writing, the leading cryptocurrency sits at $9,200, holding the support in the $8,500-9,000 region. дальше »

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IOTA Attempts to Break Through Long-Term Resistance

The IOTA (IOTA) price is trading inside a long-term resistance area, a breakout above which could trigger a rapid increase. However, the price has fallen into a bearish pattern, and technical indicators are showing weakness, making a rejection much more likely. дальше »

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This Technical Indicator is Signaling Bitcoin Could Soon Reel Towards $5,000

Bitcoin recently faced a rejection at $9,500 that appears to be a grim sign for its macro outlook The cryptocurrency has since reeled back within its long-held trading range between $9,000 and $9,300 How it trends next will likely depend on its reaction to this trading range Because BTC posted a failed breakout attempt, it is likely weaker now than it was during its last bout of prolonged consolidation at its current price levels One […] дальше »

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Stellar (XLM) Could Soon Erase Recent Gains as It Hits “Make or Break” Level

Stellar (XLM) has been incurring massive upside throughout the past couple of weeks, with the token’s price surging to fresh yearly highs just days ago. It is currently expressing some signs of weakness, however, as the token’s price recently faced a grim rejection that has since sparked an intense price decline. Analysts are noting that […] дальше »

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Bitcoin Set Another “Lower High” as Analysts Eye a Sub-$9,000 Move

Bitcoin faced a grim rejection at $9,500 earlier this week that has caused its price to flash some notable signs of weakness. This rejection has now caused the crypto to set another “lower high” – further bolstering the bear case and causing BTC to be prone to seeing further near-term downside. One analyst is now […] дальше »

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Bitcoin price: failed breakout puts bears on course for $8,000

Bitcoin bulls are now looking to defend $9,000 after a strong seller rejection at... The post Bitcoin price: failed breakout puts bears on course for $8,000 appeared first on Coin Journal. дальше »

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Forget The Noise, 3 Reasons Bitcoin’s $70,000 Bull Run Next Year Will Be Unstoppable

In early June, bitcoin suffered a harsh rejection at the $10,500 level after a stellar rally. The digital asset’s inability to push past the psychologically important level dealt a big blow to the bullish case. дальше »

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Once-a-Cycle Bitcoin Bull Signal Just Appeared for the 1st Time Since 2016

Over the past few weeks, many analysts have questioned if Bitcoin is really on the verge of a bull market. After a strong rally in March, April, and May, the cryptocurrency sustained a heavy rejection at $10,500 at the start of June. дальше »

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Stellar (XLM) Breaks One Year Downtrend As Bulls Target New Resistance Levels

Stellar (XLM) has broken past a one-year downtrend to trade slightly below 1000 Sats against Bitcoin. The 24hrs pressure from the bulls was a major driving factor to the point. In a period of 24hrs, slight gains piled up to reach 21% and the bulls strengthened pressure with strong price rejection which followed in the […] дальше »

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Bitcoin Retesting Bollinger Band Mid-Line, Rejection Has Resulted In 40% Decline

Bitcoin price is at a critical moment in its market cycle. And although it’s been said dozens of times before, the next move could choose the trend direction for months to come. At this very moment, the asset is testing a level that in the past, rejection has caused a 40% drop on average. Will […] дальше »

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Why Bitcoin Risks a 40% Correction After its Retest of Bollinger Band Mid-Line

Bitcoin price is at a critical moment in its market cycle. And although it’s been said dozens of times before, the next move could choose the trend direction for months to come. At this very moment, the asset is testing a level that in the past, rejection has caused a 40% drop on average. Will […] дальше »

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Economist: Bitcoin Remains a “Risk On” Asset After Reacting to Payroll Data

Bitcoin saw some slight turbulence over the past few days, with its price rallying as high as $9,300 before facing a rejection that caused it to slide beneath $9,000 for a brief period. This volatility appeared to be directly linked to news regarding US payroll numbers, signaling that the cryptocurrency presently remains highly correlated to […] дальше »

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Bitcoin Breaks Below $9,000 as Sellers Invalidate Bullish Technical Pattern

Despite seeing a swift rebound, Bitcoin bears were able to push the cryptocurrency below its crucial $9,000 support just minutes ago. This breakdown has come about following a recent rejection posted by the crypto at $9,300, which appears to have become a resistance level. дальше »

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Altcoins Set To Shine After Brutal Bitcoin Dominance Rejection

Altcoins still have tons of catching up to do against their big brother Bitcoin. The cryptocurrency currently enjoys an over 65% market share dominance over the rest of the space. However, that number is set to fall hard, after a strong rejection on BTC. дальше »

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Making Sense Of Bitcoin’s Rising Dominance Rate

The Bitcoin dominance rate (BTCD) is currently trading inside a crucial resistance area, a rejection from which could trigger an accelerated move down. Similarly, Ethereum has created a bearish pattern inside a strong resistance area, forewarning of a similar decrease. дальше »

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When This Signal Appeared in 2015, Bitcoin Rallied 2,000%. It’s Back

It’s been a quiet past few weeks for Bitcoin. After reaching $10,400 at the start of June, the cryptocurrency has seen a correction and now trades in the low-$9,000s. Although a bear trend has yet to form, many have stated that the rejection BTC faced at $10,400 was bearish. дальше »

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Traders Say Bitcoin Looks Like 2020’s High. Key Data Begs to Differ

At the start of June, Bitcoin saw a crucial rejection at one of the most pivotal price levels: $10,500. After surging to that region, the cryptocurrency plunged by $1,000 in the days that followed. дальше »

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Top Fund’s Halving Analysis: Bitcoin Could Rise to $115,000 by Aug. 2021

Bitcoin is far from a full-blown bull market. Every attempt at rally upward has been smacked down by bears. The latest of which was the rally to $9,800 on Monday, which was followed by an $800 rejection and millions in liquidations. дальше »

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Why This Analyst Sees Even More Downside For Bitcoin Price Before Any Real Recovery

We know Bitcoin is flat and trading sideways. Today, BTC had another leg down and rejection dropping to $9,200 on most exchanges, and basically giving away all the gains from June 22. The daily uptrend is still in play until the $9,170 level is lost, the last higher low. Buyers can still turn it around […] дальше »

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Ethereum’s Strength Degrades Following Rejection at $250; What Comes Next

Ethereum has flashed signs of technical weakness overnight following a harsh rejection at $250 This level marked its high-time-frame resistance, and its inability to break above it seems to elucidate underlying weakness amongst its buyers Analysts are noting that it could be poised to continue pushing higher despite this latest setback There is one crucial level that it is trading just a hair above that could invalidate this potential rebound Ethereum has flashed signs of […] дальше »

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Bitcoin Sees Major Weakness as “Nasty” Technical Pattern Emerges

Bitcoin faced a harsh rejection at $9,800 yesterday that has since caused it to form a strong short-term downtrend. This has led it back to the lower-region of its long-held trading range BTC does appear to be technically weak at the moment, as buyers are struggling to guard against the heavy selling pressure that was incurred at this level One “nasty” technical pattern could now be flashing If history repeats itself, this pattern could result […] дальше »

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Ethereum Bull Trend Looks “Tired”: Here’s Why a Retracement Is Likely

Like Bitcoin and other altcoins, Ethereum has been flirting with collapse over the past few weeks. After a strong rejection at the $250 resistance, the cryptocurrency has found itself stuck in a consolidation that has seen ETH slide to $228 as of the time of this article’s writing. дальше »

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Analyst: Ethereum Price’s Chart Looks “Ominous” After $250 Rejection

Like Bitcoin and most other top cryptocurrencies, the past few weeks have been stagnant for Ethereum. The cryptocurrency has consolidated around ~$230, failing to breakout in either direction. Stepping back, though, analysts are saying that ETH’s chart looks bearish. дальше »

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Will Bitcoin Find Support at $9000?

During the week of May 8-15, the Bitcoin (BTC) price decreased slightly while creating a small bearish weekly candlestick. Since this candlestick is following a price rejection from an important resistance area, this increases the chance that the price will continue decreasing in the long-term. дальше »

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Bitcoin Forms a Decisive Top Formation as Momentum Falters; Analysts Expect Blood

Bitcoin has posted some mixed price action as of late, offering few insights into the strength of its current market structure Analysts do believe that the recent price action following its latest rejection at $10,000 struck a blow to its underlying strength This may be causing the benchmark crypto to form a clear top formation that suggests a violent downturn is imminent This weakness could also be compounded by the recent break below a key […] дальше »

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Ethereum Is Primed to Tumble Towards $200 Unless “Big Buyers” Step In

Trading alongside Bitcoin, Ethereum saw a strong rejection at a crucial resistance this week. For BTC, the rejection came at $10,000; for ETH, the rejection took place just above $250. The cryptocurrency has not plunged from this pivotal level, yet analysts expect Ethereum to retrace upwards of 20% as bulls remain tepid. дальше »

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