Explains

There’s a Chance Bitcoin Won’t Break $10k Until Next Year: Analyst Explains - The Bitcoin News

There’s a Chance Bitcoin Won’t Break $10k Until Next Year: Analyst Explains – The Bitcoin News

Advertisment Bitcoin has been coiling for a breakout over the past few weeks. The cryptocurrency has traded in the low-$9,000s, stuck between heavy support at $8,500 and heavy resistance at $10,000.Soon enough, analysts have said, something will break.According to a prominent trader, Bitcoin is more likely to break this consolidation to the downside rather than …

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There's a Chance Bitcoin Won't Break $10k Until Next Year: Analyst Explains - Bitcoinist.com

There’s a Chance Bitcoin Won’t Break $10k Until Next Year: Analyst Explains – Bitcoinist.com

Bitcoin has been coiling for a breakout over the past few weeks. The cryptocurrency has traded in the low-$9,000s, stuck between heavy support at $8,500 and heavy resistance at $10,000. Soon enough, analysts have said, something will break. According to a prominent trader, Bitcoin is more likely to break this consolidation to the downside rather …

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Bitcoin Analyst Explains Why Money Is Poised to “Flow Out of Altcoins”

It’s been an explosive past few weeks for altcoins but not for Bitcoin. As the leading cryptocurrency has stalled in the $8,000s and $9,000s as BTC investors have found themselves at an impasse, certain altcoins have ripped higher. Just look at the table below, shared by Tahar Zafar. It shows that over the past week …

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What's Behind High Ethereum DeFi Yields? A Top Investor Explains

What’s Behind High Ethereum DeFi Yields? A Top Investor Explains

Ethereum-based decentralized finance has seen quite the frenzy over the past few weeks. After taking a large hit due to March’s liquidation event, this segment of the cryptocurrency market has been back on the rise. The growth culminated this week in the public launch of the COMP token, the governance token of Ethereum-based protocol Compound. …

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Bitcoin price chart with the Two-Year Moving Average Multiplier tool from on-chain analyst Philip Swift (@PositiveCrypto on Twitter).

Why It’s “Increasingly Unlikely” Bitcoin Crashes Under $7,000: Analyst Explains

As Bitcoin has stalled in the $8,000s and $9,000s over recent weeks, certain analysts have begun to expect a strong move lower. One top trader went as far as to say that BTC could see a 40% drop in the coming months. He attributed this sentiment to how the cryptocurrency has seen such retracements in …

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Chart from Josh Olszewicz (@CarpeNoctum on Twitter), a crypto analyst at Brave New Coin. Chart is of Bitcoin's dominance printing a

Top Trader Explains Ethereum’s Rally to $1,400 in 2018 Was a “Red Herring” Event

Over recent weeks, the expectations of a parabolic Ethereum rally have become extremely prevalent. Due to a confluence of fundamental and technical trends, analysts left and right are flipping bullish on the second-largest cryptocurrency. Chris Burniske, a partner at Placeholder Capital, for instance, recently postulated that there is a world in which ETH hits $7,500: …

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Buying Bitcoin at $8k or $9k Won't Matter in 2 Years: Fund Manager Explains | NewsBTC

Buying Bitcoin at $8k or $9k Won’t Matter in 2 Years: Fund Manager Explains | NewsBTC

The past few weeks have seen Bitcoin stall in the $9,000s as bulls have failed to maintain the pressure they applied starting after March’s crash. With the indecision in the cryptocurrency market and global markets more broadly, investors have been deliberating purchasing BTC in the $9,000s or waiting for a retracement to “buy the dip.” …

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Peter Brandt Explains the When and How

Bitcoin is heading towards the $100,000 mark, according to veteran commodity trader Peter Brandt, who shared his analysis in a new video clip. However, there is a scenario in which the oldest cryptocurrency turns bearish in the near-term. Bitcoin is at Crossroad Area According to Brandt, Bitcoin is still moving within its historic bull trend, …

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Bitcoin Price is Likely To Re-Test $4,400 Before Turning Bullish Again, Prominent Analyst Explains

2019 is approaching its end, and while many crypto enthusiasts have marked 2020 as the next Bitcoin bull-run, it is mostly because of the anticipated halving event. While there is a consensus that the halving will propel Bitcoin price to new highs, some analysts see the cryptocurrency visiting lower values before we can even start …

Bitcoin Price is Likely To Re-Test $4,400 Before Turning Bullish Again,
Prominent Analyst Explains
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