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Outlook

Last posts about outlook.


Other 01/04/21 14:12 by Yashu Gola
Chainlink Hits $30 as Grayscale Adds 115,570 LINK to Its Reserves
Chainlink prices climbed higher on Thursday, rising by as much as 5.10 percent on the prospects of higher institutional adoption. The LINK/USD exchange rate reached its previous week’s high of $...
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Bitcoin 27/01/21 12:00 by Yashu Gola
3 Things Bitcoin Traders Should Watch in FOMC’s First Meeting of 2021
Bitcoin extended its pullback from its weekly high of $32,960 on Wednesday as the market’s focus shifted on the Federal Open Market Committee’s first meeting of 2021. The flagship cryptocu...
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Bitcoin 21/12/20 12:33 by Yashu Gola
Bitcoin Falls by Over $1,000 as New Covid Strain Boosts Dollar Demand
A minor rebound in the US dollar market prompted Bitcoin to reverse its upward momentum on Monday. The benchmark cryptocurrency fell by more than $1,000 in the early morning European session, hitting ...
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Bitcoin 14/12/20 12:19 by Yashu Gola
Bitcoin to $20K? It All Depends on US Dollar Performance This Week
Bitcoin wobbled into the start of this week’s trading session, moving between losses and gains on its neutral weekly outlook. The benchmark cryptocurrency was trading at $19,115.54 as of 10:45 G...
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Mining 27/11/20 17:54 by Cole Petersen
This Bitcoin Whale Trend Suggests a Serious Selloff Could be Imminent
It has been a rough past few days for Bitcoin, with the cryptocurrency seeing immense sell-side pressure as bears aim at erasing the gains that have come about as a result of the recent uptrend. Where...
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Bitcoin 09/11/20 17:14 by Cole Petersen
Run to All-Time Highs is “Not Out of the Question” Despite Bitcoin Plunge
Bitcoin has seen heightened volatility this morning, likely due to that seen within the global markets. Stocks are rallying today, while precious metals and so-called “safe haven assets” a...
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Bitcoin 29/10/20 14:14 by Yashu Gola
Bitcoin Needs One Last Dip Before It Hits $16,000: Analyst
Bitcoin bulls with a long-term outlook should hold onto their upside positions even as the cryptocurrency plunges lower. It is because the BTC/USD exchange could still resume its uptrend towards $16,0...
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Altcoins 27/10/20 12:20 by Yashu Gola
Polkadot (DOT) Jumps 9% as Altcoins Bleed; What’s Driving This Rally?
Polkadot’s native cryptocurrency DOT was among the biggest gainers in the last 24 hours even as other top altcoin projects reported losses. The DOT/USD exchange rate rose about 9 percent, hittin...
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Other 24/10/20 01:00 by Cole Petersen
Analyst: If Yearn.finance (YFI) Surmounts $16,000, It Could Start a New Uptrend
Yearn.finance has seen a decent rebound from its recent lows set just a few days ago. Its ongoing upswing is coming about as Bitcoin and Ethereum consolidate, which indicates that it may be breaking i...
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Bitcoin 20/10/20 15:00 by Yashu Gola
Bitcoin Briefly Breaks $11.9K on Renewed US Stocks Correlation; $12K Next?
Bitcoin held onto its weekly gains as traders waited for US Congress to agree on the second coronavirus package on Tuesday. The benchmark cryptocurrency added $67, or 0.5 percent, to trade near $11,82...
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Other 16/10/20 23:00 by Cole Petersen
Despite Short-Term Outlook, Yearn.finance’s (YFI) Macro Prospects are Ultra Bullish
Yearn.finance’s short-term outlook has been grave, with bears being in full control of its price action as buying pressure begins drying up. The cryptocurrency’s recent descent has come ab...
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Other 12/10/20 03:00 by Cole Petersen
Chainlink Whales Continue Accumulating Despite Signs of Technical Weakness
Chainlink’s price action throughout the past few days and weeks has done little to provide investors with insight into its near-term outlook, as it has mainly been consolidating between lows of ...
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Other 04/10/20 23:09 by Nick Chong
Yearn.finance (YFI) Nosedives 17% as DeFi Yields Dry Up
Yearn.finance (YFI) has faced a strong rejection in the past 24 hours. The leading cryptocurrency, based on Ethereum, has shed 17% in the past 24 hours. This makes it the worst performer in the top 10...
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Bitcoin 01/10/20 18:00 by Cole Petersen
Here’s Why Bitcoin’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...
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Bitcoin 01/10/20 04:00 by Cole Petersen
Bitcoin “Hodlers” Control 63% of the Total BTC Supply, New Data Shows
Bitcoin’s price action has done little to reassure investors of its near-term outlook, as the cryptocurrency has largely been caught within the throes of an intense bout of sideways trading over the...
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Bitcoin 25/09/20 13:00 by Yashu Gola
Bitcoin Could Hit New Yearly High on US Election Risks, Hints Citibank Report
Bitcoin could hit a new year-to-date (YTD) high, abetted in part by the risks surrounding the US presidential election. The analogy takes cues from a quarterly commodity outlook published by Citigroup...
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Mining 24/09/20 18:00 by Cole Petersen
Here are the Key Technical Factors that Could Determine Bitcoin’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...
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Bitcoin 23/09/20 18:00 by Cole Petersen
This Analysis Suggests December Will Be a Crucial Month for Bitcoin
Bitcoin’s price action has done little to offer investors with clarity into its near-term outlook. The benchmark digital asset has been trading around $10,500 for the past few days, with each push h...
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Other 22/09/20 23:00 by Cole Petersen
Chainlink Could Soon “Nuke” Lower if It Breaks Below Critical Support
Chainlink’s price has been sinking like a stone throughout the past few days and weeks, with buyers being unable to garner any sustainable bullish momentum as the cryptocurrency faces immense inflow...
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Other 21/09/20 00:00 by Cole Petersen
Chainlink Reaches an “Accumulation Zone” as Potential Long-Term Bottom Forms
Chainlink has been seeing intense weakness throughout the past few weeks, which has come about following a period of macro strength that allowed its price to rally up to highs of $20.00. The cryptocur...
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Bitcoin 16/09/20 18:00 by Cole Petersen
Bitcoin Slows Its Bearish Momentum Following Daily Close; Factors to Consider
Bitcoin is currently flashing some notable signs of strength following the bout of weakness seen throughout the past couple of weeks. The cryptocurrency is far outperforming the altcoin market, with b...
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Other 16/09/20 01:00 by Cole Petersen
Analyst: Chainlink Looks “Weak and Heavy” as It Flashes Signs of Bearishness
Chainlink has witnessed some intense selling pressure throughout the past couple of days, with the cryptocurrency being unable to mirror the gains seen by Bitcoin today. These losses have struck a blo...
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Bitcoin 15/09/20 04:00 by Cole Petersen
Bitcoin Address Activity Points to Ongoing Trend Reversal
Bitcoin’s fundamental strength has been growing in recent weeks, which is starting to be reflected in its price action. After an extended bout of technical weakness as BTC traded within the lower-$1...
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Bitcoin 15/09/20 01:00 by Cole Petersen
Likelihood of Bitcoin Setting “Higher Highs” Grows as Bulls Build Momentum
Bitcoin has flashed some signs of intense strength throughout the past day, with the cryptocurrency recouping some of the losses that came about as a result of its decline from $12,400 to lows of $9,9...
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Altcoins 14/09/20 18:00 by Cole Petersen
Here’s What Bitcoin’s Strong Weekly Close Says About Its Present Outlook
Bitcoin posted a strong weekly close yesterday afternoon, which is what allowed the cryptocurrency to see an overnight upswing that has led it past multiple crucial levels. While speaking about the di...
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Altcoins 12/09/20 01:00 by Cole Petersen
It’s Make or Break for Ethereum Bulls as ETH Nears Critical Resistance
Ethereum is flashing some signs of strength today as it inches higher while caught within a short-term consolidation phase. This consolidation trend came about after the cryptocurrency rallied to high...
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Bitcoin 11/09/20 18:00 by Cole Petersen
Bitcoin Investors Grow Fearful as Signs of Weakness Proliferate
It has been a rocky past couple of weeks for Bitcoin. The cryptocurrency was able to surge as high as $12,400 just a couple of weeks ago before it lost its momentum and began plunging lower, ultimatel...
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Altcoins 10/09/20 01:00 by Cole Petersen
This Single Chart Suggests XRP May Rally Up Towards $0.50
XRP has been moving in close tandem with Bitcoin and the aggregated crypto market throughout the past few days and weeks, with the crypto largely consolidating within the mid-$0.20 region as it contin...
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Bitcoin 03/09/20 18:47 by Cole Petersen
Bitcoin Needs to Reclaim This One Crucial Level to See Further Upside
Bitcoin has been flashing signs of overt weakness throughout the past few hours, dropping as low as $10,400 before facing an influx of buying pressure that allowed its price to surge back up to highs ...
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Mining 27/08/20 18:00 by Cole Petersen
Bitcoin Plunges Following Failed Breakout; Miner Selling Pressure Ramps Up
Bitcoin has been caught in the throes of some immense turbulence throughout the past few days. This volatility has primarily favored sellers, and today’s price action has only further enhanced the n...
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