Bitcoin Is Still Facing Down a Critical Resistance After Exploding 20% Higher
Bitcoin is rallying once again, pushing to $11,700 as of this article’s writing. Analysts say that the cryptocurrency must hold above $11,500 by the time of the weekly close on...
After Surging 60% in Two Weeks, Ethereum Just Printed a Reversal Sign
Even factoring in the flash crash on the weekend, Ethereum is still up by approximately 60% in the past two weeks. ETH is printing a reversal sign after this extremely strong rally...
Massive Liquidity to Hit Bitcoin, Equity Markets in 2021: Veteran Investor
The Bitcoin market could benefit from a massive liquidity injection entering 2021, according to veteran investor Dan Tapeiro. The DTAP Capital founder made the analogy after noticing...
Bitcoin Eyes $14K as US Dollar Breaks Below Classic Support
Bitcoin pressed higher on Wednesday after finding reliable support at $10,500. The upside move appeared as the US dollar index broke below its classic trendline support that originated...
Bitcoin’s Macro Price Chart Is Giving a Fund Manager “All-Time High Vibes”
Bitcoin has seen a strong retracement since its highs of $12,200 set on Saturday. Bulls remain optimistic about the leading cryptocurrency. One fund manager in the space went as far as...
These Factors Suggest Bitcoin Could Hit $13,900 if Bulls Defend One Key Level
Bitcoin’s consolidation phase within the lower-$11,000 region has resulted in a powerful push up towards $12,000 Although the crypto has yet to re-test this level, it does seem as...
Despite Recent Strength, Ethereum has Yet to Break Above One Critical Level
Ethereum, like Bitcoin, is currently flashing some immense signs of strength as it pushes past $400 The resistance at this price level remains heavy, so buyers must continue propelling...
Why One Trader Thinks Bitcoin Will See a $1,000+ Plunge Despite Ongoing Upswing
Bitcoin is currently showing intense signs of technical strength as it races towards $12,000 once again despite the recent rejection at this level The cryptocurrency is now...
Cash App Bitcoin Revenue, Profits Increase 600% Year-Over-Year On “Rising Demand”
Square Inc’s Cash App is just one of many ways CEO Jack Dorsey is exposing the public to Bitcoin. The payments firm added support for cryptocurrency purchasing in 2018 during a...
Analyst Explains Why the Ultimate Resistance Bitcoin Faces Is $11,500
Just a day before the weekly close, Bitcoin saw an explosive breakout as high as $12,200 on Saturday. In classic crypto fashion, the cryptocurrency proceeded to drop by $1,500 in the...
On-Chain Data: Bitcoin Will See Even More Volatility After $1,500 Plunge
Bitcoin has seen low volatility since the Saturday flash crash, during which the leading cryptocurrency fell by $1,500 in the span of five minutes. For the past three days, the asset...
A $12K-Retest for Bitcoin Likely On-Chain Activity Suggests
Bitcoin could hit $12,000 or break above it in the coming sessions as its on-chain activity spikes. According to behavioral analysis platform Santiment, the number of daily active...
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eToro Quarterly Report: Stablecoins Find a Mainstream Use Case in Q2 2020
Inflation and remittances fuel uptick in mainstream adoption around the world In areas where unrest and inflation run rampant, individuals and businesses are increasingly turning to...
Crypto Market Analysis: Will Altcoins Rally to New Highs by Year End?
It was an interesting week for the crypto asset markets, where we saw some price movements after a few weeks with not a lot of action. Whilst traditional equity markets also saw...
Bitcoin Could Feature in More Investment Portfolios: eToro Analyst
Markets started out on a positive trend last week, before succumbing to fears of a second spread of coronavirus. With countries such as the US displaying some frightful numbers, there...
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