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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 »
2020-7-4 05:00 | |
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Analyst Who Predicted Bitcoin’s V-Shaped Reversal at $3,700 Is Bullish
It’s been a tough past few weeks for the Bitcoin market. Some are skeptical that the cryptocurrency is in a bull trend after BTC has sustained multiple rejections at $10,000. Yet a trader that nailed a bold prediction remains optimistic, sharing a number of signals indicating imminent upside. Bitcoin Could Soon See a Bounce, Says […] дальше »
2020-7-4 00:00 | |
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Bears look to pull Bitcoin down to $8,600 as Bollinger Bands tighten their squeeze
Bitcoin dropped to lows of $8,980 again as price remains trapped in a range... The post Bears look to pull Bitcoin down to $8,600 as Bollinger Bands tighten their squeeze appeared first on Coin Journal. дальше »
2020-7-3 15:31 | |
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A Detailed Look at the Bitcoin Dominance Rate
The Bitcoin dominance rate (BTCD) has broken down from a long-term rising support line. Unless it successfully reclaims the 66. 5% resistance area, the trend remains bearish. Double Bottom The Bitcoin dominance rate has been gradually increasing since June 24. дальше »
2020-7-2 00:00 | |
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Ethereum Bulls Defend Crucial Support, But Outlook Remains Gloomy
Despite navigating down towards its crucial support at $220, Ethereum’s buyers were able to defend against a break below this level The cryptocurrency now appears to be well-positioned to maintain above this level in the near-term, as buyers are currently ardently defending another crucial support level That being said, on its daily chart the cryptocurrency does appear to be flashing some signs of overt weakness One group of analysts recently noted that the recent break […] дальше »
2020-7-2 23:00 | |
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Basic Attention Token market update: BAT/USD shows bullish signs
The BAT/USD trading pair is about 2% down on the day, though sentiment remains... The post Basic Attention Token market update: BAT/USD shows bullish signs appeared first on Coin Journal. дальше »
2020-7-2 14:54 | |
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As S&P 500 Flips 3,000 Into Support, Bitcoin’s Bull Case Grows
Despite a worsening pandemic, geopolitical turmoil, and more, Bitcoin and the S&P 500 have fended off secondary declines after March’s liquidity crash. At least for the time being, BTC holds above $9,000 and the leading stock index remains above 3,000 points. дальше »
2020-7-1 13:00 | |
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The Last Time There Was This Much Dormant Bitcoin, It Rallied to $20,000
Bitcoin has been facing some intense weakness over the past couple of days The benchmark digital asset’s buyers and sellers have been locked within an intense battle around $9,000, with bears ardently attempting to hold it below this crucial support Although this doesn’t bode well for its near-term outlook, its macro outlook remains strong One fundamental metric just reached levels not seen since just before the intense 2017 rally up to $20,000 If history rhymes, […] дальше »
2020-6-29 19:00 | |
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Popular Bitcoin Wallet Electrum Now Supports the Lightning Network
Earlier this week, the popular Bitcoin wallet Electrum received a much-awaited update, with developers adding support for the Lightning Network. The latter allows for faster and cheaper BTC transactions, even as it remains under continuous development. дальше »
2020-6-29 17:07 | |
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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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XRP Whales Are Seriously Accumulating – A Major Price Movement Inbound?
Large XRP holders are doubling down by adding more XRP coins to their bags. This comes even as the XRP price remains stuck in the crypto abyss. In recent months, XRP has fared terribly when compared to bitcoin, ether and other major cap cryptos. дальше »
2020-6-26 08:56 | |
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As Jobless Claims Soar, Bitcoin’s Mid-Term Outlook Remains Gloomy
The United States has seen rocketing unemployment, and it does not appear that this trend is slowing down even as many states and cities begin reopening This signals that the recent shutdowns have done severe damage to the economy, despite the stock market sitting around its all-time highs New data shows that although the number of new jobless claims has dipped slightly in recent times, its decline has not yet been emblematic of any sort […] дальше »
2020-6-26 02:00 | |
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Market Wrap: Bitcoin, Altcoins, US Stocks, & Gold All Fluctuating But Remains in Red
After falling under $9,000 briefly, bitcoin is now trying to stay above $9k. BTC’s losses turned the market red, but as the day progressed, cryptos have been fluctuating between gains and losses. Bitcoin has spent most of its time in the $7,500 and $10,400 price range in the past year, shared trader Satoshi Flipper, who […] дальше »
2020-6-26 23:26 | |
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Key On-Chain Metric Shows Bitcoin Remains Bullish Despite $800 Crash
The flagship cryptocurrency kicked off the week on the right foot, rising to a high of $9,800 on Monday. But the upswing appears to have been significant enough for some investors to take profit. Subsequently pushing the price of Bitcoin down to nearly $9,000. дальше »
2020-6-25 17:17 | |
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A look at the spectacular price potential of Bitcoin if institutional players step in
An institutional adoption remains key for the price of Bitcoin to conquer new heights. Without it, Bitcoin will remain in the hands of a group of ‘small’ investors as like as a number of whales – who, however, can exert higher influence on the BTC price. дальше »
2020-6-25 11:06 | |
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Bitcoin Needs Just 1% Institutional Allocation For A Blast Off To $50,000: Research
After zipping past $9,600 yesterday, the bitcoin bulls seem to have run out of steam as the crypto has dipped to $9,383. 44 at press time. This means that BTC remains stuck within its macro trading range below the psychologically important $10,000 level. дальше »
2020-6-25 15:17 | |
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Ethereum Competitors Bolstered by High Fees, But ETH‘s Outlook Remains Strong
There has been a boom in demand for Ethereum in recent times, with much of this stemming from the explosive growth of the DeFi sector. Although this demand has yet to result in any type of bullish price action, it does appear that its growing utility is bolstering its macro outlook. That being said, the […] дальше »
2020-6-24 02:00 | |
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Analyst: If Ethereum Fails to Rally Now, It May Never Be Able To
Ethereum’s price has seen a notable rebound from its recent lows, but it still remains caught within its wide multi-week trading range Its present lack of strong momentum has been surprising to many investors, as it has been garnering massive utility in recent times This has led one prominent data analyst to explain that it’s becoming “do or die” time for ETH He notes that a failure for it to post a swift rally in […] дальше »
2020-6-24 23:00 | |
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Bitcoin Flipping One Crucial Level into Support Could Spark a Wild Bull Trend
Bitcoin has been able to maintain the gains it posted yesterday after it saw a sharp rally that led it up to highs of $9,800 from its recent lows of $9,200 This movement was unexpected, and certainly boosted the crypto’s bull case That being said, BTC still remains firmly within its long-held trading range Whether or not it is able to sustain this momentum may be dependent on if it is able to flip a […] дальше »
2020-6-24 21:00 | |
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Bitcoin Hits Massive 1,350 BTC Sell Wall; Here’s Why Buyers Won’t Break It
Bitcoin has seen a tempered upswing over the past several hours that has come about in tandem with a rise in the stock market This upwards movement has done little to alter its underlying technical strength, as it still remains squarely within its long-held trading range This move has also led it up against a massive sell wall on Binance, which may slow the cryptocurrency’s ascent and stop it from incurring any notable momentum There […] дальше »
2020-6-23 02:00 | |
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This Technical Factor Suggests Bitcoin Will Soon See Explosive Volatility
Bitcoin’s bulls are currently engaged in an intense battle to break above the heavy resistance the cryptocurrency faces at $9,500. The selling pressure seen here has been enough to stop the benchmark digital asset from seeing any type of intense uptrend, but it still remains a possibility that this level is shattered in the near-term. […] дальше »
2020-6-23 00:00 | |
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Record $2 Trillion Deposited in the US Banks During Covid-19 Pandemic
Cash remains the king! According to FDIC data, a record $2 trillion in cash was added in the deposit accounts of US banks since the coronavirus first struck in the country in January. In April alone, the money flowing into banks grew by $865 billion, more than the record for an entire year. “Any way […] дальше »
2020-6-22 16:47 | |
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Should Bitcoin Traders Stay Bullish if BTC Price Corrects to $7,700?
Bitcoin remains in good shape to retest $10K while a BTC price pullback to as low as $7Ks may provide a good opportunity for buyers.
дальше »2020-6-20 16:48 | |
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Bitcoin Dominance Bear Flag Nears Breakdown, But 58% Level Remains Barrier To Altcoin Season
A bearish chart formation has appeared on Bitcoin dominance that could lead to another leg down and rebound in altcoin/BTC pairs. However, the 58% level could remain a barrier, keeping a full-blown altcoin season from occurring for quite some time longer. дальше »
2020-6-20 23:00 | |
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Bitcoin’s On-Chain Indicators Flash Buy Despite Price Stagnation
Despite Bitcoin’s current price stagnation, on-chain indicators favor the bulls, with most holders remaining unphased by market volatility. Bitcoin’s Ambiguous Technical Indicators The technical outlook for the flagship cryptocurrency remains... The post Bitcoin’s On-Chain Indicators Flash Buy Despite Price Stagnation appeared first on Crypto Briefing. дальше »
2020-6-20 21:57 | |
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Bitcoin Hodlers may profit as fundamentals gain strength
Bitcoin traders are waiting to reap profits from the halving event that took place in May, but as the price moved sideways this wish still remains unrealized. Even though BTC price has faced tough resThe post Bitcoin Hodlers may profit as fundamentals gain strength appeared first on AMBCrypto. дальше »
2020-6-20 20:30 | |
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Tether strongly correlates with future returns on major crypto pairs
Tether remains the most controversial stablecoin in the cryptocurrency industry. When the whole market crashed to extremes lows, it was Tether, whose supply grew as it climbed all the way up to positiThe post Tether strongly correlates with future returns on major crypto pairs appeared first on AMBCrypto. дальше »
2020-6-18 11:00 | |
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Bitcoin Largely Remains Uncorrelated to Stock Market, Crucial Data Shows
Bitcoin has shown some signs of being correlated to the stock market over the past few months, especially during times of bear-favoring turbulence This correlation, however, does not appear to be as striking as it seems, as data suggests that its macro-correlation to most traditional assets remains incredibly low One analyst explains that it has moved in tandem with other assets during sharp declines due to the crisis nature of some of these selloffs That […] дальше »
2020-6-18 02:00 | |
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Pessimism Around Bitcoin May Have Predicted a Bottom in Price
Investors are losing faith in Bitcoin as its price remains stagnant, but a counter-sentiment approach suggests that the uptrend could be preparing to resume. The Crowd Turns Bearish The high... The post Pessimism Around Bitcoin May Have Predicted a Bottom in Price appeared first on Crypto Briefing. дальше »
2020-6-18 14:14 | |
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Phishing Sites Use Trick Letters in Domain Names to Steal XRP
Experts from Xrplorer say that a fake XRP giveaway scam emerged in January 2020 and remains alive.
дальше »2020-6-17 23:38 | |
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Bitcoin Remains Poised to See Explosive Rally to $11,000 Despite Recent Plunge
After facing an intense influx of selling pressure yesterday, Bitcoin has been able to recover some of its recent losses as it navigates back into the mid-$9,000 region The cryptocurrency is showing some signs of strength due to the rebound seen from its overnight lows Analysts do not believe that this recent movement was enough to invalidate its macro strength, and some are still offering near-term targets as high as $11,000 In order for this […] дальше »
2020-6-13 21:00 | |
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Binance Coin Short-Term Price Analysis: 12 June
Binance is one of the biggest exchanges in the world as it allows users to trade a myriad of cryptocurrencies with respectable volumes. Unlike others, the Binance platform remains intact during surgesThe post Binance Coin Short-Term Price Analysis: 12 June appeared first on AMBCrypto. дальше »
2020-6-12 16:00 | |
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Holding Above This Key Level Could Send Bitcoin to $14,000; Will This Happen?
Bitcoin’s consolidation phase has muddied the clarity that many investors had regarding the strength of its uptrend Because the resistance that has been laced just above BTC’s current price has proven to be insurmountable, it remains unclear as to what could push the crypto past this level Analysts still believe that the crypto’s outlook could be extremely bright In order for it to validate its potential strength, however, it is imperative that buyers push it […] дальше »
2020-6-12 02:00 | |
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Bitcoin Prints Two Technical Trends Last Seen at the Start of the Rally to $20,000
While Bitcoin is trading more than 150% above its March lows, there have been some doubts that the cryptocurrency is going to enter a full-blown bull run. Skeptics of the bull case cite trends like the economy, which still remains in a dismal shape despite trillions of dollars worth of stimulus from the world’s governments. дальше »
2020-6-11 04:00 | |
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3 Reasons Why Bitcoin Price Continues to Reject at $10,000
Bitcoin price rejected above $10,000 for the third time in a month, showing the multi-year resistance level remains a challenge for bulls to overcome. дальше »
2020-6-11 23:28 | |
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Risk Appetite Returning in Bitcoin Market While Large BTC Holders Are Growing
Unlike the euphoria in the US stock market, the digital asset market remains completely stable. With all the money flowing into the stock market, the US dollar which stayed strong during the March sell-off has been declining steadily since mid-May. дальше »
2020-6-11 20:16 | |
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