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Institutional Traders are Shorting Bitcoin Now More Than Ever Before

Institutional traders are growing incredibly bearish on Bitcoin, widely betting that its price is poised to see a strong near-term pullback This sentiment is a far depart from that seen by retail traders, which are more bullish than ever on the cryptocurrency This data comes from the latest Commitment of Traders Report, which details an interesting trend in the dynamic between retail investors and so-called “smart money” From a technical and fundamental standpoint, there are […] дальше »

2020-8-23 19:00


Same Indicator That Called March Plunge Raises Chances For Big Bitcoin Drop

Bitcoin has been rocketing over the last several weeks, along with the rest of the cryptocurrency market. Most assets are up over 80% on average since the start of 2020. However, an unorthodox and unusual financial forecasting tool could indicate that a major trend change is playing out across markets, with the turning point taking […] дальше »

2020-8-19 04:00


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Here are the Levels Analysts are Watching That Will Determine Bitcoin’s Future

Bitcoin has been trading within a large  range throughout the past several weeks This has done little to offer investors with insights into the cryptocurrency’s mid-term trend That being said, bulls are now striving to break above the upper boundary of this range, with a confirmed and sustained break being an incredibly bullish sign for BTC Top traders are still expressing caution when it comes to the cryptocurrency’s short-term outlook One trader is noting that […] дальше »

2020-8-18 02:00


Bitcoin Blasts Back Above $12,000, Sets New High For 2020

Bitcoin’s price this morning blasted clean above $12,000 for yet another attempt to hold above the key level. The latest move also has set a new high for the year. Will this latest performance from bulls lead to a much stronger push higher to retest $14,000, or after so many weeks of positive momentum, is the trend started to near its end? New 2020 Record High Set For BTCUSD After Monday Morning Mayhem This morning, […] дальше »

2020-8-18 18:04


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Bitcoin Could See a Major Breakout in The Coming Days; Here’s Why

Bitcoin has been stuck in a tight trading range throughout the past several days This has offered little insight into the cryptocurrency’s short-term trend, as both its buyers and sellers remain at an impasse As for where it may trend next, analysts now seem to believe that it is coiling up for a major breakout This could lead it well past $12,000 in the coming few weeks There are a few factors that suggest this […] дальше »

2020-8-15 02:00


Here’s the Larger Trend that Will Continue to Persist in the Markets

Yesterday, the bitcoin price dropped by 6.6% as it went down to $11,150. Today, the prices went down even further only to make it back to $11,500. Denis Vinokourov of Beqaunt said, “The unwind of bullish positioning was clearly evidenced in the options skew, however, the correction was largely limited to the front-end of the […] дальше »

2020-8-13 19:16


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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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 »

2020-8-11 02:00


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Here’s Why Bitcoin Could Crush Altcoins in Coming Weeks

Altcoins have been posting exorbitant gains throughout the past few weeks, severely outperforming Bitcoin and most major digital assets This has come as both Bitcoin and Ethereum find themselves caught in prolonged consolidation phases just beneath their key near-term resistance levels Where they trend next may have heavy influence over the uptrends currently seen by smaller altcoins While speaking about this, one analyst explained that he expects BTC to crush altcoins in the coming weeks […] дальше »

2020-8-10 19:00