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Bitcoin Posts Massive 10% Drop as Altcoins Consolidate; What Analysts are Saying

Bitcoin has seen some immensely bearish price action throughout the past few days, with sellers gaining full control of its price action This has caused buyers to lose their grip over the market, being unable to spark any continued reversals It does appear that the selling pressure seen throughout the past few days may continue hampering its growth, as BTC is now at risk of breaking below a few key levels One analyst spoke about […] дальше »

2021-1-22 23:00


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Bitcoin is on the Brink of Seeing a Rally to All-Time Highs as It Taps Critical Level

Bitcoin has seen some relatively lackluster price action throughout the past few days and weeks, with the crypto’s price being unable to surge as it inches towards its $40k resistance This has come as its smaller counterparts all see massive momentum, with ETH seeing a monumental rally while many smaller altcoins also surge BTC’s lack of intense upside has come about due to the intense selling pressure it has been facing within the upper-$30,000 region, […] дальше »

2021-1-20 21:00


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Ethereum is About to Flip a Key Resistance Level into Support; New Highs Imminent?

Ethereum has seen some mixed price action as of late, with the cryptocurrency mainly taking its cues from Bitcoin This has caused it to struggle to gain any serious momentum, with its price being stuck within the mid-$1,200 region throughout the past few days The selling pressure at $1,300 has catalyzed a strong rejection in […] дальше »

2021-1-19 01:00


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Bitcoin’s Bear Case Suggests Move to $28,000 is a Possibility in the Near-Term

Bitcoin’s price action as of late has been quite ambiguous, with buyers and sellers largely reaching an impasse as BTC struggles to gain any decisive momentum The crypto did make an attempt to break above $40,000 yesterday, but the selling pressure here was significant and sparked a rejection Its price has since plunged to the […] дальше »

2021-1-16 00:00


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Bull Case Grows: Millions of Bitcoin are Being Sent to Dormant Accumulation Addresses

Bitcoin’s price action has remained rather stagnant throughout the past couple of days, with bulls being unable to catalyze a break above $40,000 on the first attempt The selling pressure here remains quite significant, and whether or not this level can be firmly broken above could set the tone for its mid-term trend From a technical perspective, Bitcoin’s short-term outlook remains somewhat unclear, as it is currently moving lower despite bullishness amongst altcoins It may […] дальше »

2021-1-16 21:00


Bitcoin Just Reached this “Key Zone” — Here’s What Analysts Say Comes Next

Bitcoin’s price has been on a roller coaster of a ride throughout the past couple of weeks After rejecting above $40,000, the cryptocurrency faced massive inflows of selling pressure that sent it reeling down to lows of $30,000 The support here proved to be significant and helped the cryptocurrency see further momentum One trader is […] дальше »

2021-1-15 00:00


Ethereum is Struggling to Hold This Crucial Level Following Recent Rebound

Ethereum has been closely tracking Bitcoin’s price action throughout the past few days, which has caused it to bear witness to immense volatility The cryptocurrency’s price rocketed up to highs of $1,400 last week before facing intense inflows of selling pressure that sent it to $900 It has since recovered from this decline, and it […] дальше »

2021-1-13 02:00


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Bitcoin On the Cusp of Facing Another Wave of Intense Selling: Analyst

Bitcoin has faced some intense selling pressure throughout the past 48 hours, with bears stepping up and trying to reverse the cryptocurrency’s recent strength They have been continuously targeting $30,000, with the crypto tapping this level on a few occasions before rocketing higher Its rally has so far been somewhat weak, and reversed nearly the instant that the crypto moved past $36,000 This is a grave sign that points to some underlying weakness amongst bulls […] дальше »

2021-1-13 21:00


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This Trend Channel Suggests Ethereum Could Dip to $500 Before Rallying Higher

Ethereum has seen some brutal price action throughout the past few days and weeks, with the selling pressure seen in the $1,300 region proving to be quite intense It is important to note that Bitcoin has been creating massive headwinds for Ethereum as of late, with buyers being unable to guard against an intense decline One trader is now noting that where the market trends next will likely depend on whether bulls can defend $1,000 […] дальше »

2021-1-12 01:00


Prominent Investors are Selling Bitcoin, Calling Recent Parabolic Rise “Unsustainable”

Bitcoin’s parabolic advance has finally come to an end, with bulls losing their footing following the recent break below $40,000 Its macro parabola could very well still be valid and in play, but it will require a firm and swift trend reversal in the near-term The entire market is reeling lower in tandem with Bitcoin, and investors widely believe that the ongoing descent could extend further This comes as one prominent Bitcoin investor from Guggenheim […] дальше »

2021-1-12 21:00