Major Bitcoin Price Action Looms? Expert Foresees Exciting Weeks Ahead For BTC
Bitcoin has once again failed to surpass the $61,000 price level, leading to a drop to about $59,000, which has raised speculations about its short-term potential. Despite the negative market trends witnessed these past few weeks, several analysts are still bullish about Bitcoin, predicting a notable rally for the digital asset in the upcoming weeks. […]
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As Ethereum begins to show positive price action once again, the altcoin is seeing a wave of bullish predictions from multiple crypto experts about its trajectory in the short term, suggesting a potential rally in the upcoming weeks. A 63% Rally For Ethereum Could Be On The Horizon In an optimistic post, market expert and […]
Bitcoin derivatives data show pro traders increased their short positions in the past three weeks. October has barely started and the price action in the crypto markets has been both exciting and worrisome. Bitcoin (BTC) has seen a strong $10.9K rejection and a quick $10.2K bottom over the past week.The whipsaw price action has been the norm over the past three weeks and is quite gruesome for the bulls and bears. Regardless of the reason behind these moves, the recent newsflow of negative crypto events has clearly spooked investors.In the last two weeks KuCoin was hacked for $150 million,....
Bitcoin has been on a tear throughout the past few weeks, with its price action heating up as bulls try to flip $40,000 into a support level If the crypto continues holding above this previous resistance, it could allow for significantly further upside in the days and weeks ahead One analyst explained that although it […]
Here's a look at what we are focusing on in the bitcoin price this evening. Another day done, and another pretty flat day for intraday action in the bitcoin price. We did manage to get in to a short trade a little earlier on, and this has meant we were able to pull in a small downside profit, but nothing over exciting, and definitely nothing to write home about. We’ve got a evening out of Asia ahead of us, and the closing hours of the US afternoon session, so with any luck we will see some volume from both and manage to get in to a sustained momentum entry. So, with this said, and as we....
Here's a look at what we are focusing on in the bitcoin price this evening. Well, who would have thought it. There have been a few weeks over the last couple of years in the bitcoin price, during which price has soared across a couple of sessions in a row, but none really like what we’ve seen during the last couple of weeks. Price has rocketed from around the 800 mark to where it currently sits – above the 1200 level – and doesn’t look like it’s going to slow down near time. It’s exciting, but I’m going to put a bit of a dampener on things. Traders need to be careful at these levels. We’re....