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Why Bitcoin May Be In For a Fall Towards $6,000
Bitcoin risks plunging back towards $6,000 purely based on a historical technical setup. The analogy appears after switching a BTC/USD chart from normal to a more precise logarithmic scale. It shows that the cryptocurrency has not precisely broken above its long-term descending trendline resistance. дальше »
2020-7-29 14:00 | |
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Bitcoin Just Broke a Descending Trendline from 2017; Is the Bull Market Here?
It has been a wild 24-hours for Bitcoin and the aggregated cryptocurrency market Following a long-held bout of consolidation, the benchmark digital asset is now breaking out and appears to be aiming for a test of its yearly high at $10,500 BTC’s latest break above $10,000 is different from those seen previously and has so far proven to be far more sustainable Analysts are now noting that this movement has also allowed Bitcoin to shatter […] дальше »
2020-7-28 21:00 | |
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Bitcoin Just Closed Above a 3-Year Trendline Formed At 2017’s $20k High
Bitcoin is finally moving higher after weeks of boring consolidation. In the past seven days, the asset has rallied around 4. 5%. A small performance, sure, but one impressive when considering how stagnant large-cap cryptocurrency market has been over recent memory. дальше »
2020-7-25 10:00 | |
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Bitcoin Price Retests Classic Resistance Trendline, as Technicals Target $10,000
Bitcoin climbed higher on Tuesday following two weeks of flat price action. The jump led its price closer to retesting a classic resistance trendline with origins dating back to December 2017. A recent fractal shows the tendency of traders to test $10,000-$10,5000 following a close above the said trendline. дальше »
2020-7-23 11:13 | |
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Top Macro Investor Claims the Time for a Bitcoin Rally is Almost Here
Bitcoin is currently attempting to break above the resistance that has been formed at $9,300 This comes on the heels of a nearly week-long consolidation phase between $9,000 and $9,300 Where it trends next will likely depend on its reaction to this level, and some analysts are expecting the next movement to favor bulls heavily One top macro investor is explaining that BTC is on the cusp of breaking above a crucial descending trendline He […] дальше »
2020-7-9 21:00 | |
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Ethereum Struggles to Flip Crucial Trendline as Analysts Eye Move to $120
Ethereum’s price has been sliding lower over the past several days Despite Bitcoin being able to maintain above the lower boundary of its long-held trading range, ETH is now trading firmly below the range it formed over the past several weeks This points to some underlying weakness amongst its buyers which comes as it nears its crucial $220 support level It also just confirmed a “death cross” formation that hasn’t been seen since March. This […] дальше »
2020-6-30 23:00 | |
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70% Chance Bitcoin Reclaims $11.8K by July 2020; Here’s Why
Bitcoin rallied Friday, reversing a minor portion of its losses incurred during the yesterday’s sell-off. The cryptocurrency retraced upward from a convincing support trendline. It now appears to be trending inside a technical pattern, which has a 70 percent success rate in sending prices higher. дальше »
2020-6-12 14:00 | |
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Chainlink reaches key resistance as parabolic trendline forecasts upside
Chainlink has been vying to incur further momentum as it hovers just slightly below its previously established all-time highs. The post Chainlink reaches key resistance as parabolic trendline forecasts upside appeared first on CryptoSlate. дальше »
2020-6-11 07:00 | |
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These Simple Factors Suggest Bitcoin May Soon See a Massive Plunge
Bitcoin has once again extended its long-held bout of sideways trading, as it has now been hovering around $9,700 for the past few days The crypto did decline to lows of $9,400 this weekend, but buyers quickly absorbed the selling pressure that was driving this movement It now appears that there are some factors that suggest a downside movement could be imminent If these factors are enough to shatter a key trendline Bitcoin bulls have […] дальше »
2020-6-9 21:00 | |
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Bitcoin Investors in Disbelief as the Uptrend Seems Ready to Resume
The infamous $10,000 resistance level has proven to be a significant obstacle for Bitcoin to overcome. From a technical perspective, this barrier is part of a descending trendline that can be drawn from each major peak since the December 2017 all-time high of nearly $20,000. дальше »
2020-6-8 18:00 | |
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Bitcoin at Grave Risk of Cratering to $7,400 as it Taps Multi-Month Trendline
Bitcoin is flashing some signs of weakness as it navigates towards the lower boundary of a trading range that has been firmly established over the past couple of weeks The crypto’s current weakness comes after a failed attempt by buyers to propel it towards $10,000 This decline has also led BTC down to a multi-month ascending trendline that has been guiding its price higher If it breaks below this level, analysts warn that it could […] дальше »
2020-6-8 22:00 | |
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Analysts Foresee a Harsh End to Bitcoin’s Uptrend if It Losses $9,350
Analysts believe that the uptrend Bitcoin saw yesterday may soon come to a harsh end following the cryptocurrency’s swift rejection within the upper-$9,000 region This marked yet another rejection at this heavy resistance level, and also points to some underlying weakness amongst the crypto’s buyers A low-time-frame ascending trendline was also broken by this movement, leading analysts to note that the recent rally will soon come to a swift end as BTC hovers above its […] дальше »
2020-5-29 21:00 | |
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Bitcoin’s Bull Case Remains Valid as Buyers Fight to Maintain $9,000
Bitcoin has been flashing some overt signs of weakness throughout the past several days and weeks This has been rooted largely in its inability to break into the $10,000 region after facing multiple strong rejections here throughout the past several days Analysts are now noting that the cryptocurrency remains in a position to see further upside, however, as long as it is able to hold above a key ascending trendline It also could soon rally […] дальше »
2020-5-23 02:00 | |
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Bitcoin Just Broke Its Short-Term Downtrend; Here’s How High It Could Rally
Bitcoin was finally able to recapture its position above $9,000 after an extended period of trading beneath this level The cryptocurrency now appears to be gearing up for a big push higher as it maintains a firmly bullish market structure This bullishness could be further bolstered by its recent ability to break above a descending trendline that had previously been guiding it lower After making multiple attempts to break back above $9,000, Bitcoin buyers were […] дальше »
2020-5-14 02:00 | |
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Bitcoin’s Uptrend Remains Intact as Multi-Month Trendline Continues to Hold
Bitcoin’s halving was accompanied by high levels of volatility as many prominent analysts within the industry expected. The flagship cryptocurrency took a 20% nosedive over the weekend that saw its price drop below $8,000. дальше »
2020-5-12 18:14 | |
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XRP Just Faced a Harsh Rejection at a Key Trendline; Trouble Ahead?
The aggregated crypto market has incurred some intense upwards momentum today, allowing major altcoins like XRP to post notable gains This latest upswing comes shortly after the cryptocurrency incurred a rally independent of the market yesterday It is important to note that XRP has faced a notable rejection against its Bitcoin trading pair, forcing it to remain beneath a key trendline Although XRP has been fully exposed to the downside seen by the aggregated crypto […] дальше »
2020-4-30 23:00 | |
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Tezos’s XTZ Could Hit Historic High against Bitcoin in 2020
Tezos’ native token XTZ is steadily trending upwards against Bitcoin since October 2019. A medium-term ascending trendline is offering strong support to the said uptrend. Favorable fundamentals and technicals could lead XTZ to establish an all-time high in bitcoin-enabled markets. дальше »
2020-4-24 17:00 | |
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Bitcoin on Brink of Serious Downside as Risk of Losing Support Grows
Bitcoin is at risk of seeing further downside as it tests a key descending trendline Some top traders are warning of BTC posting major losses in the coming days and weeks In the time following the tempered signs of weakness Bitcoin showed yesterday when it dipped below its key support at $7,200, the benchmark cryptocurrency has further extended this downtrend as bulls now defending against a dip below $7,000. This weakness has led BTC down […] дальше »
2020-4-21 21:00 | |
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Bitcoin Just Shattered a Key Trendline, Leading Traders to Target $5,000
After an extended bout of sideways trading within the upper-$6,000 region, Bitcoin’s bears finally gained the upper-hand over bulls, leading the benchmark cryptocurrency to plunge to its support within the lower-$6,000 region. дальше »
2020-3-28 20:00 | |
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The Next Few Weeks Will “Define the Future” of Bitcoin After Breaking Multi-Year Trendline
Bitcoin has risen today in tandem with the traditional markets, finding what appears to be a secure foothold within the lower-$5,000 region. This has allowed the benchmark crypto to begin confirming its recent lows as a mid-term bottom, but it still remains unclear as to where it will trend next. One prominent analyst is now... дальше »
2020-3-18 00:30 | |
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Bitcoin Long-Term Logarithmic Curve May Indicate a Bottom Is Near
In the long-term logarithmic Bitcoin price chart, it is possible to draw a curved trendline that has acted as a support line since 2011. The recent decrease served to validate this line for the tenth time in BTC history. дальше »
2020-3-11 16:10 | |
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Bitcoin is About to Tap a Trendline that Could Send the Crypto Market on an Explosive Rally
The crypto market has been caught within an intense bout of volatility over the past several days and weeks, which has been led by Bitcoin’s capitulatory decline from recent highs of $10,500 to lows of $7,700 that were set today. дальше »
2020-3-10 04:00 | |
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Ethereum Could be a Stone’s Throw Away From $500 if it Breaks This Trendline
Ethereum has been able to post some decent gains today, with its latest rally coming close on the heels of Bitcoin’s surge past $9,000. This momentum has allowed ETH to climb into the $230 region, although it has slightly underperformed BTC over the past 24-hours. дальше »
2020-3-6 01:01 | |
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Tezos Price (XTZ) Losing Steam After Dropping to Ascending Trendline?
Tezos appears to be losing steam after a lengthy parabolic rally, will traders buy at the underlying supports?
дальше »2020-2-22 23:41 | |
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Bitcoin Bull Market Failure: Why A Year-Long Trendline Could Signal Doom
The entire crypto space has been on fire lately, causing most investors and analysts across the market to conclude that Bitcoin is just days away from entering its next bull market, ready to reach new all-time high prices. дальше »
2020-2-10 19:00 | |
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Bitcoin will break its multi-year downward trendline if it closes above this key price
Bitcoin (BTC) ended the day on a high note, with the cryptocurrency closing its daily candle above a key support level, eluding to the possibility that it will now begin its ascent to its next critical resistance region. дальше »
2020-2-8 09:30 | |
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Stellar Lumens (XLM) might be ready to break through its multi-year downtrend
Stellar Lumens recently moved above a downward trendline that was holding its price from a further advance for the past two years. Closing the week above this significant price hurdle could be the catalyst for a bull rally. дальше »
2020-2-5 15:53 | |
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XRP just broke above this multi-year trendline
XRP just broke above a significant price hurdle that has been containing its price from advancing further since January 2018. Now, this cryptocurrency could be preparing to make higher highs. XRP breaks decisively through resistance After reaching an all-time high of $3. дальше »
2020-2-4 16:10 | |
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XRP just broke above this multi-year trendline signaling higher highs
XRP just broke above a significant price hurdle that has been containing its price from advancing further since January 2018. Now, this cryptocurrency could be preparing to make higher highs. XRP breaks decisively through resistance After reaching an all-time high of $3. дальше »
2020-2-3 16:10 | |
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Beautiful Trendline Shows Bitcoin Is About to Explode in 2020: Travis Kling
Travis Kling shared a chart showing bitcoin might be set for a bullish breakout in May 2020. Still, investors should be weary of post-halving dumps. The post Beautiful Trendline Shows Bitcoin Is About to Explode in 2020: Travis Kling appeared first on CCN.com дальше »
2020-1-25 17:40 | |
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How Bitcoin’s Recent Downtrend Could Have Tripled Your BTC Stack
While Bitcoin’s recent downtrend saw the leading crypto asset by market cap’s value slashed in half from the local peak of $14,000, those that traded Bitcoin’s recent downtrend buying one specific trendline and selling another each time the asset made a touch would have resulted in a massive increase in BTC held, and overall USD... The post appeared first on NewsBTC. дальше »
2020-1-21 20:00 | |
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It’s decision time for Bitcoin as it hovers near a critical trendline; levels to watch
It’s no secret that 2020 has been a great year for Bitcoin and the entire crypto markets, as the first two weeks of the New Year have allowed BTC to surge from lows of $6,800 to highs of $8,900, while many major altcoins have begun starting parabolic rallies. дальше »
2020-1-16 13:00 | |
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Bitcoin Price Ready for Next Move Up After Rebound Above $8,000
#Bitcoin price bounces back over the $8,000 mark, allowing traders to set their sights on the $8.6K to $9.2K zone but first bulls need to press above the 200-DMA and descending channel trendline дальше »
2020-1-11 01:19 | |
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Bitcoin Price RSI Breakout Could Target $9K Short-Term
Bitcoin price has been trapped within a powerful downtrend that’s cut the leading cryptocurrency by market cap’s value by nearly 50% over the course of the last few months. Coinciding with the downtrend, Bitcoin’s Relative Strength Index has been confined below a decreasing trendline that the cryptocurrency has now broken out of, suggesting that a... The post appeared first on NewsBTC. дальше »
2020-1-6 19:00 | |
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The Bitcoin multi-year trendline will break, says renowned analyst
Two of the most prominent analysts in the industry maintain that a multi-year support trendline could contain Bitcoin from a further drop. But, there is one popular chartist who believes that “multi-year straight lines and long term log charts do not mix too well. дальше »
2019-12-22 11:47 | |
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Ripple Price Analysis: Preparing For Test
Ripple has a bearish short-term and medium-term trading outlook The four-hour time frame shows that a bearish head and shoulders pattern has been triggered The daily time frame continues to show Ripple testing long-term trendline support Ripple has moved to test long-term trendline support below the $0. дальше »
2019-12-20 19:49 | |
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Bitcoin Continues Defending Critical Multi-Year Trendline, But How Long Will Bulls Last?
Bitcoin’s bulls have lost the overwhelming strength they incurred yesterday when they propelled BTC off of its recent lows of $6,400, as the crypto has now lost nearly all of the momentum that it incurred during the course of this fleeing rally. дальше »
2019-12-20 04:00 | |
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