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01/10/20 18:00 by Cole Petersen
Hereâ€™s Why Bitcoinâ€™s Latest Monthly Close Has Struck a Blow to Its Bear Case
Bitcoin had a major macro candle close yesterday, posting both its monthly and quarterly candle.
Although BTC saw little volatility heading into this close, the cryptocurrency was able to hold well-ab... Read More
24/09/20 18:00 by Cole Petersen
Here are the Key Technical Factors that Could Determine Bitcoinâ€™s Future
Bitcoin is currently caught within a consolidation phase following its intense decline from highs of $11,200 last week.
The cryptocurrency has been drifting lower ever since, but bulls were able to de... Read More
20/07/20 02:00 by Nick Chong
Ethereum Bears Will Get â€śScorchedâ€ť If This Pivotal Resistance Breaks
Like Bitcoin, Ethereum has flatlined over the past few months. For just around eight weeks now, the leading altcoin has traded in between $230 and $240, barely deviating from these two levels.
Yet an ... Read More
13/07/20 00:00 by Cole Petersen
Bitcoin Faces Brutal Rejection Near $9,400; Why Traders Remain Bullish
Bitcoin faced a brutal rejection at just below $9,400 earlier this morning. This caused the cryptocurrencyâ€™s price to reel lower, and bulls are now attempting to defend a crucial support level.
BTCâ... Read More
08/07/20 05:00 by Nick Chong
The S&P 500 Just Formed a Crucial Breakdown â€” and Bitcoin May Follow
Leading Bitcoin higher, global stock markets saw an extremely strong performance on Monday.
As covered by NewsBTC, the Shanghai Composite index and the FTSE China A50 index both set new all-time highs... Read More
02/07/20 19:23 by Cole Petersen
Bitcoin Breaks Below $9,000 as Sellers Invalidate Bullish Technical Pattern
Despite seeing a swift rebound, Bitcoin bears were able to push the cryptocurrency below its crucial $9,000 support just minutes ago.
This breakdown has come about following a recent rejection posted ... Read More
29/06/20 20:12 by Erie Maxwell
Bitcoin Bulls Keep Buying On Dips As BTC Balance On Exchanges Reach 13-Month Low
On June 27, Bitcoin plummeted to $8,800 on most exchanges. Bears cracked $9,000 but only briefly as bulls were able to buy the dip and push Bitcoin above $9,000 again. Two days later and bears are ge... Read More
11/06/20 19:00 by Erie Maxwell
Pundit Reveals Where Bitcoin Price Is Likely Headed If This Crucial Support Level Fails To Hold
Bitcoin is back into the hands of the bears after a rejection yesterday from $10,000. Initially, bulls managed to break $10,000 on a few exchanges but got rejected and BTC dropped to $9,700, not a te... Read More
10/06/20 22:00 by Tony Spilotro
Bitcoin Daily Close Shows Bulls Are Losing Control: Long-Legged Doji Explained
Last night, Bitcoin price closed the daily trading session with a long-legged doji. This type of Japanese candlestick often signals indecision and a lack of determination from bulls.
In the past, each... Read More
09/06/20 21:08 by John Kiguru
Timeâ€™s Running Out For Bears, Analyst Says Full-Blown Bitcoin Bull Trend Coming
Some Bitcoin bulls have in recent weeks questioned the possibility of Bitcoin rallying to record highs. This is especially as it continues to fail to break above key resistance. But one analyst says ... Read More
03/06/20 02:00 by Nick Chong
Legendary Technical Analyst Says Bitcoin Investors Should Be â€śCautiousâ€ť: Hereâ€™s Why
Just 24 hours ago, Bitcoin had rocketed back above $10,000 for the first time in weeks. It was a move that liquidated over $100 million worth of BitMEX shorts, shocking investors across the industry.
... Read More
25/05/20 17:27 by Lorenzo Stroe
Bitcoin Slumps Below $9,000 to 2-Week Lows But A Bounce Might Be Underway
Bitcoin bulls are clearly losing steam as bears have been able to break below $9,000 and the daily ascending channel. They also managed to break the 26-EMA support but the volume for the bears is con... Read More
23/05/20 13:46 by Lorenzo Stroe
Bitcoin Bulls Need To Hold This Crucial Level To Have Chances At Breaking $10,000
Bitcoin bulls have been fighting to break $10,000 for months now. Bitcoin has been rejected several times from this doomed level, however, the last time that happened, just 2 weeks ago, bears had a l... Read More
08/05/20 22:39 by Lorenzo Stroe
FOMO to Propel Bitcoin Higher as Statistics Show Less BTC Being Held on Exchanges
Bitcoin has been clearly bullish for the past 2 months and bulls have managed to push the digital asset above $10,000 yesterday. There is no denying that Bitcoin is strong right now and could hit yea... Read More
08/05/20 11:49 by Olivia Brooke
Bitcoin suffers a mild setback at $10,000, but these bullish signals remain unaltered
The brewing storm that was a long-anticipated Bitcoin price breakout was witnessed earlier today when BTC made an impressive leap into the $10,000 price mark and shortly took a mild dip as the bears ... Read More
07/05/20 12:38 by ItsMe YouKnow
Covid19 is still there but Bitcoin will go to $10,000 !
COVID19 is still here, Bitcoin doesn't care
Unfortunately, COVID19 is still there and we always have to stay safe and interact with as few people as possible. We hope you, your friends and your... Read More
14/04/20 16:43 by John Kiguru
Bitcoin Bulls On Lock With Bears; $7K or $6K Next?
Bitcoin is trading sideways in the $6,800 price range. The world’s largest cryptocurrency entered the week looking weak. On Monday, Bitcoin dropped to test the $6,600 support before bouncing ba... Read More
10/04/20 07:48 by Aayush Jindal
Ripple (XRP) Signaling Bearish Breakdown But Can Bears Gain Control?
Ripple is showing a few bearish signs below the $0.1980 resistance against the US Dollar. XRP price could start a strong decline if it breaks the $0.1900 support area.
Ripple price is still strugglin... Read More
09/04/20 07:18 by Aayush Jindal
Bulls Beware: Bitcoin Could Dive After This Key Technical Breakdown
Bitcoin is showing a few bearish signs below the $7,400 resistance area against the US Dollar. BTC price is currently declining and it could extend its weakness towards $7,100 or $6,800.
Bitcoin is s... Read More
06/04/20 19:00 by Tony Spilotro
Double Dragon: Is Ethereum Ready For Violent Reversal?
Ethereum continues to struggle amidst the current vicious and volatile market environment caused by the coronavirus outbreak and recession on the horizon.
But following a historic market collapse that... Read More
05/04/20 06:48 by Aayush Jindal
Ethereum Breaking This Crucial Support Could Spark a Sharp Decline
Ethereum is struggling to gain bullish momentum above the $145 resistance against the US Dollar, similar to bitcoin. ETH price must stay above the $140 support area to remain in an uptrend.
ETH price... Read More
02/04/20 02:00 by Cole Petersen
This Indicator Shows Bitcoin May Soon See a Massive Influx of Buy Orders
After a period of facing some downwards pressure, Bitcoin bulls have been able to step up and lead the crypto higher, pushing it back into the mid-$6,000 region.
This recent price action seems to indi... Read More
31/03/20 20:55 by Lorenzo Stroe
Tezos (XTZ) Price Up 62% From Bottom, Can The Bulls See More Gains?
After the initial 47% crash on March 12, Tezos dropped down to $0.95 but saw a significant 85% recovery the same day closing at $1.76. The digital asset is currently in a confirmed daily equilibrium ... Read More
28/03/20 18:00 by Cole Petersen
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, Bitcoinâ€™s bears finally gained the upper-hand over bulls, leading the benchmark cryptocurrency to plunge to its support wit... Read More
24/02/20 17:10 by Brenda Ngari
Newsflash: Even With The Impending Halving, Bitcoin (BTC) Unlikely To Pierce $10k In Near Future
Over the weekend, bitcoin (BTC) climbed from $9650 lows to slightly above $10,000. However, BTC was soundly rejected at the $10k level as it slumped back to the $9,650 level, before stabilizing above... Read More
17/12/19 07:00 by Aayush Jindal
Bitcoin Breakdown Looks Real, $6.2K On The Horizon?
Bitcoin price is down around 4% and it broke the key $7,000 support against the US Dollar.
The price is likely to continue lower towards $6,500 or $6,200 in the near term.
There is a short term contr... Read More
16/12/19 12:01 by John Kiguru
XRP Accumulation Pattern Suggests A 50% Surge In Months To Come But Breakout Critical For The Short Run
Ripple’s XRP continues to suffer in the hands of bears. In recent weeks, the price movement has been predominantly negative. The most recent move saw XRP test the $0.20 bottom. Since falling to... Read More
16/12/19 05:28 by Aayush Jindal
Ripple (XRP) Price Down 2%, Bears Sight $0.2000 Or Even Lower
Ripple price is sliding and it is under pressure below the $0.2200 resistance against the US dollar.
The price is now trading below $0.2150 and it could decline further below $0.2100.
There is a cruc... Read More
15/12/19 23:27 by Nick Chong
Ethereum Could See 16% Jump as Bottom Forms, Fundamentals Strong
As Bitcoin has stalled, so too has the second-largest cryptocurrency, Ethereum (ETH). The popular altcoin has collapsed by some 50% from the year-to-date peak seen earlier this year just like Bitcoin,... Read More
15/12/19 22:30 by Cole Petersen
Bitcoin Week in Review: Bears Attack Key Support, But Irresponsible Monetary Policy May Bolster Macro Outlook
As we draw near the end of 2019, the events surrounding Bitcoin on a weekly basis are growing increasingly important, as how BTC trades within the next couple of weeks could set the tone for where it ... Read More