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This Grim Pattern Indicates Bitcoin Is Ready to Plunge Towards $9,500

There’s an air of uncertainty within the crypto market, with most altcoins plunging lower as Bitcoin continues consolidating Analysts seem to be unsure of where the benchmark cryptocurrency will trend in the near-term, as it has yet to make any decisive movements One trader is noting that BTC is currently in the process of undergoing a bearish technical cross between two of its moving averages He notes that this could open the gates for a […] дальше »

2020-10-6 21:00


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Analyst: LTC, BCH, And XRP Will Eventually Be Knocked Out Of The Top 10 As Bitcoin And Blockchain Markets Mature

A popular crypto analyst and trader thinks some of the well-known cryptos currently among the top 10 are headed downwards. Michael van de Poppe is a technical analyst as well as a crypto trader. Sharing his opinion in a twitter post, the trader shed light on the future possibilities in the crypto market targeting 3 […] дальше »

2020-10-7 20:02


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These 3 Trends Show Bitcoin Is Primed to See a Strong Breakout

Bitcoin is expected to soon see a strong breakout as the price action of the cryptocurrency tightens after the news that the U.S. CFTC is charging BitMEX. Related Reading: Ethereum Transaction Fees Surge to All-Time Highs After Uniswap Launch Bitcoin Primed to Break Out, Technical Trends Show Bitcoin’s price action has undergone extreme tightening over […] дальше »

2020-10-4 03:21


Why One Bitcoin Analyst Believes the Market is “Scared for All the Wrong Reasons”

Bitcoin’s price action as of late has been driven by a combination of recent news developments, jitters within the macro-economic environment, as well as technical weakness. That being said, these factors have not been enough to push the benchmark cryptocurrency below any crucial support levels, as it is still trading within the macro trading range […] дальше »

2020-10-3 19:00


Bitcoin Just Posted an Ultra-Bullish Weekly Close; Here’s Where It May Go Next

Bitcoin saw a notable influx of buying pressure yesterday that helped send its price rocketing towards $11,000 The strength of this movement was notable, and BTC has yet to surrender any of its recent gains to sellers Despite the technical strength currently being expressed by Bitcoin, it is imperative to note that it remains caught within its mid-term range This trading range has been formed between $10,200 and $11,200 One analyst is now noting that […] дальше »

2020-9-29 21:00


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Bitcoin Remains Stuck Below Key Technical Level as Bulls Try to Take Control

Bitcoin’s price has been stagnant throughout the past several weeks and months, with buyers and sellers being unable to gain firm control of its near-term outlook The crypto is now pushing up towards $10,800, which has proven to be a heavy resistance level throughout the past several days and weeks If this level continues holding strong as resistance, whether or not it is broken above should offer profound insights into BTC’s near-term outlook A firm […] дальше »

2020-9-27 19:00


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One of Bitcoin’s Bull-Scenarios Was Invalidated by Selloff; Factors to Consider

Bitcoin has been caught in the throes of immense volatility throughout the past few days, with the cryptocurrency being unable to form a sustainable trend This has led investors to question what could come next for BTC, as it is still caught within the long-held trading range between $10,000 and $11,000 That being said, the latest decline that sent the crypto reeling down from its $10,500 daily highs struck a blow to its technical outlook […] дальше »

2020-9-25 02:00


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Analyst: Ethereum May Grind to $280 Before ETH 2.0 Hype Propels It Higher

Ethereum and other altcoins have been struggling to garner any strong momentum following the massive declines posted earlier this week This weakness came about as a result of Bitcoin’s rejection at $11,200, which is a level analysts have been watching Until BTC’s macro outlook begins growing more positive, Ethereum will likely continue struggling as well That being said, some positive technical developments in the coming months could help boost its outlook One analyst is noting […] дальше »

2020-9-24 23:00


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Bitcoin to Hit Critical Support Level as Analysts Eye Drop to CME Gap

Bitcoin’s price is currently plunging, with the growing sell-side pressure coming from a combination of technical uncertainty, weakness in the stock market, and strength in the US Dollar BTC’s recent inability to break above $11,000 may also be one factor behind this recent turbulence, as it elucidated underlying weakness amongst bulls One trader, in particular, is now noting that he is expecting the crypto to see some serious near-term downside He is setting his sights […] дальше »

2020-9-23 02:00


Analysts Take Aim at $280 for Ethereum as Bears Gain Firm Control

Ethereum has been hit hard by the recent market-wide downturn, with the cryptocurrency’s price crashing by nearly $30 in a matter of minutes earlier today This move struck a serious blow to its technical outlook, leading many investors and analysts to anticipate further downside in the near-term One trader is specifically setting his sights on a move down towards $280, explaining that this is a bastion of buying pressure for ETH Whether or not Ethereum […] дальше »

2020-9-23 23:00


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Ethereum Weakens as Analysts Eye Possibility of Major Downside

Ethereum is showing some signs of weakness as its price trades below $380 Breaking above this level was a significant technical development that caused many analysts and traders to flip bullish on the crypto As its weekly candle close fast approaches, however, bears seem to be regaining control over its near-term outlook There’s a high probability that this will cause it to see further near-term downside, potentially striking a blow to its macro market structure […] дальше »

2020-9-21 22:00


Bitcoin May Soon Surge to $12,000 After Bulls Defended Critical Support Level

Bitcoin’s recent stability below $11,000 appears to be translating into technical strength, as the cryptocurrency is now beginning to push higher Whether or not bulls can extend their momentum and break above the resistance zone between $11,000 and $11,300 remains to be seen That being said, analysts are growing bullish on BTC, partially because it could post an ardent response to a key support level that was visited earlier today. Analysts are now noting that […] дальше »

2020-9-19 21:00