English
Why Analysts are Bullish on Bitcoin Despite Close Beneath Key $11,700 Level
Bitcoin has been flashing some mixed signs to investors as of late Despite seeing intense bullishness throughout the past week as it rallied from the lower-$10,000 region to highs of $12,000, analysts still remain cautious regarding where it may trend next Their present lack of bullishness is rooted in the cryptocurrency’s inability to close its…
Read MoreWhy the Inverted Fee Model of eToroX Exchange Makes Sense?
Disruptive, innovative, and responsive in so many crucial ways, the crypto industry is the first place we expect to see a change in the financial sector, with cryptocurrency exchanges the financial bellwether of innovation. Yet, when looking at pricing models and trends towards new ways of assessing fees across the equity markets, it’s surprising that…
Read MoreBitcoin Flipping $11,500 Into Support Could Trigger a Move to $14,000
Bitcoin experienced a violent rejection at $12,000 on Saturday night. The move resulted in hundreds of millions worth of buy-side liquidations, then millions more on the sell-side on the bounce. Analysts say that for Bitcoin to confirm more upside, it will need to flip $11,500 into support. Unfortunately, it is unlikely that the cryptocurrency will…
Read MoreWhy Analysts Expect Ethereum to See Further Downside Following Intense Selloff
Ethereum witnessed some intense overnight volatility that caused its price to slide as low as $300 This intense selling pressure came about in tandem with that witnessed by Bitcoin – which caused its price to slide down to lows of $11,000 Analysts are now noting that ETH may be positioned to see further downside due…
Read MoreMeasure That Signaled “Prolonged” Bitcoin Runs Is About to Return
Bitcoin has seen extreme strength over the past seven days, gaining 21% against the U.S. dollar. As of this article’s writing, the leading cryptocurrency trades for $11,800 and seems poised to push higher. The recent price action is starting to convince traders that a longer-term bull trend is in the works. This can be corroborated…
Read MoreBitcoin Crashed $1,400 in 5 Minutes, Liquidating $150M on BitMEX
Bitcoin just dove $1,400 in the past five minutes as bears have seemingly re-entered the cryptocurrency market. The digital asset hit $10,600 at the lows and has since rebounded to $11,100 as countless traders have bought the dip as per their Twitter fees. Price chart from TradingView.com On BitMEX alone, this move liquidated $125 million…
Read MoreAfter Surging 20%, Bitcoin Should Have At Least 2 Legs Higher: Analysis
Bitcoin has continued to erupt higher after failing to break past $11,500 earlier this week. As of this article’s writing, the cryptocurrency is trading at $11,900. The asset is now up approximately 20% in the past seven days. This strong price performance has made Bitcoin extremely overbought by some technical standards. Despite this, a relative…
Read MoreEthereum Reaches Crucial Macro Resistance as Analysts Eye a Pullback
Ethereum’s price has rallied higher today in tandem with Bitcoin and other major digital assets This latest surge simply marks an extension of that seen throughout the past several days and weeks, with ETH now trading at the highest price levels seen in over a year The crypto is currently pushing up against its high…
Read MoreSame Technical Signal That Predicted Bitcoin’s 250% 2019 Rally Returns
Bitcoin is up approximately 20% in the past seven days as it pushes $11,400 for the second time in the past week. Bulls are seemingly in control as the cryptocurrency remains above the pivotal $10,500 resistance. There are technical signals that recently formed that were seen at the start of BTC’s previous macro rallies. History…
Read MoreEthereum‘s Breakout Rally Suggests Bitcoin is Poised to Explode Past $12,000
Ethereum and Bitcoin are both showing immense signs of strength today as they push towards their recently established key resistance levels ETH once again appears to be leading Bitcoin, as its large upwards price movements now tend to take place just before those seen by BTC This could prove to be incredibly positive for the…
Read More