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Analyst: Bitcoin Rally is Losing Steam as Key Factors Forecast a Drop

Bitcoin has been caught within the throes of a wild uptrend throughout the past few weeks, with each dip being aggressively bought This has allowed it to see fairly steady gains, with sellers being unable to gain any real control over its price action Just today, the crypto set fresh all-time highs as its price rallied past $25,000, and it is showing few signs of slowing down anytime soon One trader explained in a recent […] дальше »

2020-12-27 21:00


These Key Factors All Point to an Imminent Bitcoin Rally: Analyst Claims

It has been a turbulent past day for the crypto markets, with Ethereum and most other major digital assets all seeing intense selloffs yesterday Bitcoin was able to avoid seeing any intense decline, with buyers ardently defending its price from breaking below $23,000 The buying pressure here has proven to be quite intense and may continue bolstering its price action for the days and weeks to come One analyst is also noting that its mid-term […] дальше »

2020-12-27 21:00


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Ripple’s “XRP will put up ridiculous numbers in the next few weeks,” pundit asserts amid potential lawsuit from SEC

Ripple’s XRP, the world’s third-largest cryptocurrency by market cap, will have an epic rally in the coming weeks, after failing severally to live up to its investors’ expectations over the years. According to PAC Global founder, David Gokhshtein, “$XRP will put ridiculous numbers in the next few weeks. дальше »

2020-12-22 19:27


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Over 1.5% of Entire Ethereum Supply Staked on ETH 2.0

Three weeks after it was launched, the Beacon Chain now holds almost 1. 6% of the entire supply of Ethereum, worth an estimated $1. 1 billion at current prices. According to the latest ‘Week On-Chain’ insight report from analytics provider Glassnode, the amount of Ethereum staked on the Beacon Chain, which launched smoothly three weeks ago, is … Continued The post Over 1. дальше »

2020-12-22 10:08


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Ethereum’s Bullish Trend May Not Stop It from Seeing a Strong Correction: Analyst

Ethereum and the entire cryptocurrency market have been facing some immense turbulence throughout the past few days and weeks The selling pressure seen by the cryptocurrency within the upper-$600 region has been quite intense, and may cause it to face continued weakness One trader is now noting that where the market trends next will depend mostly, or entirely, on Bitcoin He notes note that he is looking for ETH to see a strong correction over […] дальше »

2020-12-23 01:00


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Things are “Getting Serious” for Ethereum as Analysts Eye Continuation

Ethereum is currently in a precarious position due to it flashing some immense weakness against its Bitcoin trading pair in recent weeks This has created some headwinds for its USD pair as well, leading to a pattern of severe underperformance against the benchmark cryptocurrency and even other altcoins It has still been able to post […] дальше »

2020-12-20 01:07


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Bitcoin May Need to Shed $2,000 and Tap Liquidity Region Before Rallying Higher

Bitcoin has been caught in the throes of an immense bull market over the past few days and weeks This has allowed its price to multiple over the past few months, racing from summer/fall lows of $8,600 to highs of $23,700 that were set yesterday morning The strength seen by the cryptocurrency comes as its macro-outlook brightens, with institutions and large banks warming to the technology Furthermore, there are already some signs of an imminent […] дальше »

2020-12-19 02:00


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Major Exchanges Experience Technical Issues as Bitcoin Price Drives in Massive Traffic

Bitcoin has finally broken the $20k resistance level. The record-breaking price caused massive traffic on a myriad of crypto exchange platforms like Binance and Coinbase. Bitcoin All-Time Price High Causes Issues on Binance For weeks now, many crypto enthusiasts have been hoping that the price of bitcoin would scale the $20k resistance barrier. дальше »

2020-12-18 10:00


Guggenheim Pumping its Bitcoin Bag with $400,000 Moon Target

Less than three weeks after filing for buying 27,700 Bitcoin, 0. 15% of the digital asset’s total circulating supply, Guggenheim Investments has started pumping its bags. According to Scott Minerd, chief investment officer at Guggenheim, Bitcoin’s scarcity combined with the Federal Reserve’s “rampant money printing” will push the price of Bitcoin to about $400,000. дальше »

2020-12-18 19:35


Bitcoin Climbs to Two Weeks High Ahead of FOMC Update; What’s Next?

Bitcoin prices edged higher on Wednesday as traders pinned hopes on the ongoing stimulus talks and fresh guidance from the Federal Reserve. The flagship cryptocurrency rose up to 2.18 percent to $19,866, its best level in two weeks, after breaching above the previous resistance area between $19,500 and $19,600. The move uphill accompanied a spike […] дальше »

2020-12-16 15:28


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These 4 Factors Show Why Bulls are in Full Control of Bitcoin

Bitcoin and the entire crypto market have been caught within the throes of an intense bout of consolidation over the past few days and weeks This has come about despite the crypto making attempts to both breakout and breakdown as of late Just last night, BTC showed some promising signs of moving higher that ultimately resulted in it facing yet another rejection within the mid-$19,000 region The selling pressure here was not enough to strike […] дальше »

2020-12-16 21:00


Bitcoin Could See an Epic Short-Squeeze Once This Key Level is Broken

Bitcoin is hovering above its key $19,000 support level following continued rejections at $19,400 The resistance at this level has been holding strong for the past few weeks, with buyers trying and failing on multiple occasions to post a sustained break above it Once broken, the next key resistance region to watch sits between $19,800 and $20,000. дальше »

2020-12-16 02:00


YFI & YFII Might Be Gearing up for Another Breakout

The DFI.Money (YFII) price is consolidating inside a symmetrical triangle, from which a breakout is likely. YFI Gets Rejected On Dec.2, the YFI price reached a high of $31,781. It was the second time over the past two weeks that it had reached a high above $30,000, which is an important resistance area created by … Continued The post YFI & YFII Might Be Gearing up for Another Breakout appeared first on BeInCrypto. дальше »

2020-12-15 19:11


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Chainlink Could be on the Cusp of Rocketing Higher as Strength Against BTC Grows

Chainlink has seen some mixed price action over the past few days and weeks, with sellers previously taking control of its price The cryptocurrency is now showing some signs of strength as the entire market begins to rebound and climb higher One trader believes that a move higher could be imminent in the near-term, with […] дальше »

2020-12-14 02:00


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This “Death Cross” Suggests Bitcoin Could See Immense Turbulence

Bitcoin has seen a rocky past few days and weeks, with the cryptocurrency seeing notable losses that came about after it first broke below $19,000 The selling pressure below this level has been quite intense in the past, but usually the crypto posts “v-shaped recoveries” that help it reclaim this as support Unlike in weeks past, BTC has yet to see any massive inflows of buying pressure that could help spark a strong upside movement […] дальше »

2020-12-12 02:00


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This Key Ethereum Level Needs to Be Flipped to Support Before ETH Can Rally

Ethereum has been facing some intense consolidation throughout the past few days and weeks The cryptocurrency’s price action has done little to offer investors with insights into where it may trend in the near-term It has been closely tracking Bitcoin’s price action, which makes its fate at least somewhat dependent on that of the benchmark cryptocurrency One trader is now noting that a move higher could be imminent, but this possibility is premised upon it […] дальше »

2020-12-12 23:00