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This Technical Indicator is Signaling Bitcoin Could Soon Reel Towards $5,000

Bitcoin recently faced a rejection at $9,500 that appears to be a grim sign for its macro outlook The cryptocurrency has since reeled back within its long-held trading range between $9,000 and $9,300 How it trends next will likely depend on its reaction to this trading range Because BTC posted a failed breakout attempt, it is likely weaker now than it was during its last bout of prolonged consolidation at its current price levels One […] дальше »

2020-7-11 02:00


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These Macro Factors Show That Bitcoin Bears are Gaining Control of BTC

Bitcoin’s bulls and bears appear to be locked within an intense battle for control over the cryptocurrency Bears have been gaining the upper hand over the past few weeks, as the crypto has been consistently trending downwards despite being caught within a multi-week consolidation phase Presently, BTC is trading just above a crucial support level that appears to be growing weaker due to it being tested on multiple occasions over the past few days As […] дальше »

2020-7-1 02:00


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Bitcoin Flips Bearish as Dreaded “Death Cross” Returns

Bitcoin’s price is flashing some signs of weakness again as it nears it crucial $9,000 support The multiple tests of this level do seem to indicate that it is growing weaker, and it may only be a matter of time before sellers forcefully push BTC beneath it This comes as the be3nchmark cryptocurrency grows bearish from a technical perspective Analysts are noting that it recently formed a widely dreaded “death cross’ on its four-hour chart, […] дальше »

2020-6-30 21:00


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Bitcoin’s Consolidation is Likely to Lead it to $9,200 Next; Here’s Why

Bitcoin has continued consolidating following a bout of intense volatility yesterday that sent it into the $10,000 region This movement was short-lived, and the tap of this resistance level was once again followed by a firm rejection Analysts are now noting that the cryptocurrency is growing weaker as it continues trading beneath its resistance This could open the gates for BTC to post some notable losses in the days and weeks ahead, with one analyst […] дальше »

2020-6-12 21:00


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This Macro Trend Signals Ethereum Will Soon Reach $40, Notes Analyst

Ethereum has seen all of its recent upswings grow weaker throughout the past several months Underlying weakness amongst ETH buyers could be enough to lead the cryptocurrency to as low as $40-50 by the end of 2021 Ethereum, like Bitcoin and most other cryptocurrencies today, has further extended the downwards momentum that was first sparked yesterday when the crypto lost its recent momentum and declined from highs of $190. This current weakness appears to be […] дальше »

2020-4-21 23:00


Cardano Price Analysis ADA / USD: Taking The Leap

Cardano is preparing for a short-term technical breakout from a neutral triangle pattern on the four-hour time frame The popular cryptocurrency remains technically weak across the medium-term horizon Cardano has opened the new trading weaker under renewed downside pressure and is currently the worst performing cryptocurrency inside the top twenty cryptocurrencies by market capitalization. дальше »

2019-8-27 16:09


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BoE Governor Mark Carney Proposes Global Cryptocurrency

Governor of the Bank of England Mark Carney put forward the idea of replacing the U. S. dollar with a central bank-issued cryptocurrency like Facebook’s Libra. Carney Proposes The Synthetic Hegemonic Currency On August 23, 2019, while addressing the Federal Reserve Symposium in Jackson Hole, Wyoming, Carney described how Brexit uncertainties, persistent world trade tensions, and overall weaker business activity are deteriorating the global economy. дальше »

2019-8-25 21:34


Bitcoin a Good Buy if Trade Tension Persists, Admits Wall Street Skeptic

By CCN: The frequently volatile stock market provides rare hideouts for investors but one of them could be bitcoin, according to Mr. Peter Boockvar of Bleakley Advisory Group. The chief investment officer said this week that a sharp rise in bitcoin price indicated that investors were unsure about the Federal Reserve’s stance on interest rate cuts, as well as about the outcome of an ongoing trade war between the US and China that kept buying sentiment weaker in both the Western and Asian stock markets. дальше »

2019-6-7 11:28


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Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume. дальше »

2019-3-19 01:17


Dow Suffers as Boeing Crisis, Consumer Inflation Pressure Stock Market

The Dow lagged behind its stock market peers on Tuesday as Boeing shares continued to plunge in the wake of another deadly airline crash involving a 737 MAX 8 jetliner. Meanwhile, a weaker than expected reading of the February consumer price index (CPI) suggests the Federal Reserve has plenty of scope to keep interest rates on hold for longer. дальше »

2019-3-13 18:35


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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above. дальше »

2019-2-26 02:42


Bitcoin [BTC] Price Action: Bearish Start to the Week for the Top Cryptocurrency

Price has been testing support at $3476 several times over the past week. Each test makes the level weaker with fewer buyers to hold the level on each retest. Price finally broke below this level today and looks likely to close below as traders are accepting prices below the level and not quickly bringing the […] Bitcoin [BTC] Price Action: Bearish Start to the Week for the Top Cryptocurrency was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com. дальше »

2019-1-28 18:04


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Review: The Vivo Nex 2’s bet on dual displays somehow paid off

Chinese phone brand Vivo didn’t wait even six months after launching its first bezel-less phone to unveil its sequel at the end of November last year. While the first Nex came with a pop-up selfie camera to allow for a front fascia free of notches and other components, the Nex Dual Display Edition (which I like to call the Nex 2) got even crazier with a second screen on the rear panel. дальше »

2019-1-25 16:30