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Bitcoin Sets New Highs as All Eyes Watch Reaction to $50,000 Resistance
Bitcoin set fresh all-time highs today, with bulls taking full control of the cryptocurrency’s price action as they set their sights on $50,000 Where the crypto trends in the near-term should depend largely on whether or not bulls will be able to maintain their current momentum Any firm rejection could result in another drawdown, signaling that the resistance within the upper-$40,000 region is insurmountable for the time being One trader explained in a recent tweet […] дальше »
2021-2-11 21:00 | |
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Bitcoin Driven Higher by TWAP Buying as Price Stabilizes at All-Time Highs
Bitcoin has seen wild price action over the past couple of days, with the cryptocurrency posting its most extensive ever 1-day candle yesterday following news of Tesla’s BTC purchase This candle, which spanned from the upper-$30,000 region all the way to highs of $47,000, has yet to be reversed, as bulls have maintained their control […] дальше »
2021-2-10 23:00 | |
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Bitcoin Clears Key Range as Analysts Eye Move to $55,000 in Near-Term
Bitcoin saw some wild price action yesterday on the heels of news surrounding Tesla’s massive $1.5b Bitcoin purchase The crypto instantly rallied from the upper-$30,000 region to highs of $45,000 before it found some resistance Following a brief consolidation phase and slight selloff, the crypto kicked off round two of its uptrend later in the afternoon, surging to fresh all-time highs of $48,000 Its price now seems to be fairly stable and isn’t showing any […] дальше »
2021-2-10 21:00 | |
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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 Rallies Towards All-Time Highs as BTC Stalls; What Analysts are Saying
Ethereum has seen a monumental rally throughout the past couple of days, with bulls taking full control over its price action This has come as BTC remains relatively stable in the upper-$30,000 region, with its stability giving altcoins the chance to rally ETH has yet to set fresh all-time highs despite its recent gains, but […] дальше »
2021-1-20 19:00 | |
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Bitcoin Funding Rates Soar as Consolidation Persists; Long-Squeeze Imminent?
Bitcoin has seen some wild chop as of late, with the crypto’s price ranging between the lower and upper-$30,000 region It has found some strong support within the lower part of this range, with sellers attempting on multiple occasions to break it to no avail. дальше »
2021-1-19 21:00 | |
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Bitcoin is Coiling Up for a Massive Downside Movement; Here’s Why
Bitcoin is now inching down towards its crucial near-term support at $9,000, with bears placing enough selling pressure on the crypto to jeopardize its consolidation phase BTC has broken below this level on previous occasions, although each journey into the upper-$8,000 area has proven to be short-lived There now appear to be multiple signs suggesting that BTC is preparing to make a massive downside movement This move, should it happen in the near-term, could pierce […] дальше »
2020-7-6 19:00 | |
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Here’s Why Bitcoin is Likely to See Historic Volatility in the Next Few Days
Bitcoin’s price action has been incredibly lackluster in recent times. Its consolidation channel was at risk of breaking yesterday, buy sellers ardently defended against BTC shattering the resistance it has in the upper-$9,000 region. дальше »
2020-6-24 00:00 | |
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Bitcoin Funding Rates Flip Negative as Sellers Build Momentum; What to Watch For
Bitcoin has seen some intense turbulence throughout the past day, with the cryptocurrency losing the support it had at $9,400 before plummeting into the $8,000 region Buyers were able to guard against the massive influx of selling pressure, supporting it above $9,000 for most of the day The defense of the upper-$8,000 region has caused the crypto to form a double bottom seen while looking towards its RSI This indicates that the crypto could be […] дальше »
2020-6-16 02:00 | |
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Bitcoin’s Consolation Signals It Is Coiling Up for a “Monster” Sized Movement
Bitcoin has been caught within a firm bout of consolidation throughout the past several weeks, being unable to garner any momentum as it trades within the $9,000 region The cryptocurrency is flashing some signs of overt weakness as of late, as buyers have laced the upper-$9,000 region with heavy resistance One analyst is now noting that this consolidation is likely to result in BTC making a “monster” sized movement If the resistance between $9,600 and […] дальше »
2020-6-15 19:00 | |
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Here’s the Single Factor that Could Trigger a Bitcoin Selloff to $7,600
Bitcoin has entered a firm consolidation phase as it struggles to garner any notable upwards momentum It does appear that the resistance existing within the upper-$9,000 region is insurmountable, with another rejection here potentially proving to be grave There are a few factors that suggest the cryptocurrency is poised to see some notable downside in the days and weeks ahead One such factor is the existence of a CME futures gap at $7,600. This coincides […] дальше »
2020-6-6 02:00 | |
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Bitcoin’s Funding is Flashing a Warning Sign After Rejection at Key Resistance
Bitcoin faced a grim rejection within the upper-$9,000 region yesterday that caused it to erase most of the gains that came about as its latest push higher The subsequent decline that BTC faced has led it into a key support region, which some analysts believe will lead it to see further near-term upside It is important to note that the cryptocurrency’s funding rates, however, seem to suggest that the tides are turning back into seller’s […] дальше »
2020-5-30 02:00 | |
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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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Analysts are Cautious of the Crypto Market’s Latest Push Higher; Factors to Consider
The aggregated crypto market saw a sharp rise today fueled by widespread liquidations of short positions This movement came about following an extended period of sideways trading within the upper-$8,000 region Analysts are cautious about the market-wide trend shift, as some are noting that there are a few factors that signal it will be followed by a sharp retrace Bitcoin led the entire crypto market to rally higher overnight, with a continued defense of $8,800 […] дальше »
2020-5-28 02:00 | |
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Prepare for fireworks: Crypto traders are gearing up for a massive movement
The crypto market has seen some rather boring price action throughout the past several days, being led by Bitcoin’s consolidation phase within the upper-$9,000 region. The post Prepare for fireworks: Crypto traders are gearing up for a massive movement appeared first on CryptoSlate. дальше »
2020-5-22 16:00 | |
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Here’s Why Traders Think Bitcoin is on the Cusp of Printing a $1,000 Candle
Bitcoin has continued ranging sideways within the upper-$9,000 region following a series of rejections at $10,000 The ongoing bout of sideways trading may mark buyers’ attempt to generate increased trading activity from bulls Analysts are noting that Bitcoin is nearing the apex of a large ascending triangle The resolution of this pattern could be the impetus for BTC to print a $1,000 candle Bitcoin has struggled to garner much momentum in recent times, with its […] дальше »
2020-5-21 02:00 | |
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Bitcoin Analysts Chillingly Anticipate Months of Consolidation for BTC: Here’s Why
Bitcoin’s third-ever mining rewards halving event concluded yesterday, subsequently reducing the block rewards for miners by 50% Much to the chagrin of traders, this event did not lead to any notable volatility, as BTC has continued to experience rangebound trading in the upper-$8,000 region Analysts are now noting that BTC’s market structure does remain bullish so long as it is trading above $8,300 Despite this, the crypto could soon be subjected to months of consolidation […] дальше »
2020-5-13 21:00 | |
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Bitcoin Could Push to Fresh Yearly Highs if Buyers Defend One Key Level
Following an extended period of consolidation within the upper-$8,000 region, Bitcoin has finally garnered enough momentum to surmount its resistance at $9,200 This movement has opened the gates for significantly further upside, as it took out a major liquidity region and has yet to face any type of harsh rejection One analyst is explaining that a continued defense of $9,200 is all that BTC now needs to make a bid at the $10,000 region Bitcoin’s […] дальше »
2020-5-7 21:00 | |
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Bitcoin Flashes Grave Bearish Divergence Just as Institutions Flip Long
Bitcoin’s intense upwards momentum has stalled as the cryptocurrency enters a firm bout of consolidation within the upper-$8,000 region. This has come about in the time following the multiple firm rejections the crypto posted within the lower-to-mid $9,000 region. дальше »
2020-5-5 00:00 | |
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Bitcoin May Be Poised to Push to $11,000 as Bullish Confluence Grows
Bitcoin has entered what appears to be a consolidation phase as its bulls and bears reach an impasse This has led the benchmark crypto to trade sideways within the upper-$8,000 region for an extended period of time Analysts are noting that there are some bullish factors that seem to suggest the recent rally is far from over, and that BTC could soon make a bid at $11,000 Bitcoin has seen some highly bullish price action […] дальше »
2020-5-5 21:00 | |
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Bitcoin May be Topping Out After Buyers Lost a Key Level
Bitcoin has fallen back into the upper-$8,000 region after facing yet another firm rejection at $9,200 This latest rejection marks the third one that the cryptocurrency has seen in recent times, signaling that the resistance here could ultimately prove to be insurmountable Analysts are now noting that Bitcoin is flashing signs of forming a local top, signaling that the crypto is now poised to see further downside in the days and weeks ahead Bitcoin has […] дальше »
2020-5-4 19:00 | |
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