Español
PortuguêsIt has been a grim end to the week for Ethereum. The world’s number two crypto asset has held up resiliently for most of this month while Bitcoin has been…
Continue Reading
View Strong performances in traditional assets and a lack of new reasons to buy crypto is suppressing BTC’s price. A loss of the 50-day moving average exposes the $8,000 price…
Continue Reading
View BTC is on the defensive and may face selling pressure in the run up to the bearish crossover of the 100- and 200-day averages. Prices will likely breach the…
Continue Reading
View Bitcoin’s consecutive weekly losses and multiple failures at key resistance have shifted risk in favor of a drop to around $8,550 and perhaps as low as $8,000. Daily chart…
Continue Reading
Noelle Acheson is a veteran of company analysis and CoinDesk’s Director of Research. The opinions expressed in this article are the author’s own. The following article originally appeared in Institutional…
Continue Reading
View Bitcoin’s short-term 50-period moving average is edging closer toward the longer-term 100-period moving average on the weekly chart, hinting at a potential bullish “golden cross” formation for the first…
Continue Reading
View Bitcoin’s repeated failure to produce a strong bounce from key support indicates the bullish sentiment has fizzled somewhat. Failure to hold above a bearish MA on the longer-term chart…
Continue Reading
View A four-month falling trendline proved a tough nut to crack during the Asian trading hours and reversed bitcoin’s rise from $9,200 to $9,500. The outlook, however, would turn bearish…
Continue Reading
Bitcoin logged double-digit gains in October, outperforming gold for the first time since June. The world’s biggest cryptocurrency by market value ended last month with a gain of 10.26 percent,…
Continue Reading
View Bitcoin’s repeated defense of the 200-day average support indicates an end of the pullback from $10,350 and scope for a bounce to the 100-day average at $9,601. A UTC…
Continue Reading
View Bitcoin tends to pick up a strong bid six months ahead of the reward halving, according to historical data. With the halving event due in May 2020, BTC may…
Continue Reading
View Bitcoin looks set to post the first monthly gain since June. The percentage rise, however, may be less than 10 percent as the daily chart is reporting signs of…
Continue Reading
View The three-day chart MACD’s first bullish turn in over three months could bode well for bitcoin’s price, according to historical data. The cryptocurrency may challenge 2019 high above $13,800…
Continue Reading
Crypto’s most recent bull run began last Friday, October 25, after a significant plunge in prices just days earlier that had some prognosticators worried about a return to late 2018…
Continue Reading
View Bitcoin remains trapped in a four-month falling channel despite registering double-digit gains last week. Prices could pull back to former resistance-turned-support of $8,800 in the next 24 hours. The…
Continue Reading
Bitcoin (BTC) and Bitcoin SV (BSV) are the only cryptocurrencies within the top 10 by market capitalization to have jumped back above their long-term moving averages. The 200-day moving average…
Continue Reading
Digital currency markets are coasting along after an enormous move on Friday of more than 20-40%. The entire cryptoconomy is hovering around $249 billion as it gained a whopping $30…
Continue Reading
Bitcoin’s price was quoted in five digits across cryptocurrency exchanges earlier today, but the breakout into $10,000 was short-lived. The number one cryptocurrency by market value jumped to $10,350 at…
Continue Reading
Digital currency markets have seen a strong price spike on Friday, adding billions to the overall market capitalization of the entire cryptoconomy. The surprise upward trend shows a few of…
Continue Reading
View A high-volume range breakdown seen on the daily chart suggests scope for test of a long-term moving average at $7,200. A violation there would expose another major average support…
Continue Reading
Bitcoin’s low volatility consolidation has ended with a violent drop beyond four-month lows near $7,500. The premier cryptocurrency fell by $500 in just 15 minutes at 12:50 UTC to hit…
Continue Reading
View Bitcoin has dropped by $300 in the last 24 hours. Even so, the outlook remains neutral as key Fibonacci retracement support at $7,850 is still intact. Bitcoin’s volatility gauge…
Continue Reading
View Bitcoin is looking north, with the hourly chart reporting a golden cross. Key resistance at $8,820 could be put to test over the next few days. On the downside.…
Continue Reading
With the era of negative interest rates well and truly here, return-hungry investors may increasingly borrow in low-interest fiat currencies and invest in higher-yielding cryptocurrency accounts. “The fiat-BTC carry trade…
Continue Reading
View Bitcoin has again bounced up from $7,800 support, neutralizing the immediate bearish setup. A break above $8,820 is needed to invalidate the lower-highs setup and confirm a bull reversal.…
Continue Reading
After sitting around $257 billion, the cryptocurrency market lost $35 billion in less than 30 minutes on September 24. Since then, many digital assets have found new support, but bears…
Continue Reading
View Bitcoin’s 50- and 200-day moving averages (MAs)look set to produce a death cross in the next week or two. Historical data shows the cryptocurrency could bottom out if the…
Continue Reading
View Bitcoin’s bearish daily candle close (UTC) on October 16 has increased the likelihood of further price drops. The monthly chart has similarities to that of November 2018 when volumes…
Continue Reading
View Bitcoin’s weekly Chaikin Money Flow index is reporting the strongest bearish bias since February. Other weekly chart indicators are also calling a deeper drop, possibly to levels below recent…
Continue Reading
XRP has been on the offensive, having ended a 3.5-month-long downtrend with a move to three-week highs. The world’s third-largest cryptocurrency by market capitalization clocked a high of $0.2993 yesterday,…
Continue Reading
View Bitcoin continues to trade flat despite a bullish crossover of the 100- and 200-period moving averages on the three-day chart – a lagging indicator. BTC may lack clear directional…
Continue Reading
Is the next halving going to send bitcoin to the moon? Well, maybe not that fast. As the programmed reduction of the miners’ reward is approaching (expected to happen in…
Continue Reading
View Bitcoin has crossed the 20-day moving average (MA) hurdle but remains in bearish territory below the long-term resistance of the 200-day MA. Daily and weekly charts indicate scope for…
Continue Reading
Bitcoin is facing further losses after the bulls failed to capitalize on price gains seen this week. The cryptocurrency’s quick pullback from a 2.5-week high of $8,830 to below $8,400 this…
Continue Reading
View Bitcoin’s short-term bullish view remains intact. Daily chart indicators are biased bullish, while the 4-hour chart is reporting a bullish reversal pattern. So BTC could rise to $9,000 in…
Continue Reading
View The Fed’s decision to expand its balance sheet is seen as a long-term positive development for bitcoin by crypto market experts. However, it hasn’t yet buoyed the cryptocurrency’s price, which…
Continue Reading
Digital currency markets have started to show strong signs of recovery after dropping to new lows last week. On Monday, a number of cryptocurrencies gained between 2-5% over the course…
Continue Reading
View Bitcoin could test key resistance above $8,500 in the next day or two, having eked out the biggest single-day rise in five weeks on Monday. The daily chart indicators…
Continue Reading
View Bitcoin has again bounced up from the 100-week moving average – a level which has acted as strong support in the previous two weeks and during the early stages…
Continue Reading