Bitcoin Analyst Alerts of Looming ‘Bear Cross’ as Price Jumps Higher
Even as the bitcoin price jumps against favorable macro fundamentals, a chartist sees the cryptocurrency moving downwards in the coming sessions. The pseudonymous analyst pitched a highly bearish scenario for BTC/USD on Monday. He envisioned that the pair’s 50-day moving average would close below its 100-day moving average, leading to the formation of a so-called “Bear Cross” – also known as ‘Death Cross’ among financial pundits. Traders typically perceive Death Crosses as a sign of […]
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Bitcoin has undergone a strong move higher over the past few weeks. Analysts think that current macroeconomic trends could result in a further surge in the price of the leading cryptocurrency. Bitcoin Could Surge Higher Amid U.S. Dollar Bear Market: Dan Tapiero Dan Tapiero, a co-founder of 10T Holdings and DTAP Capital, thinks that the cryptocurrency will continue higher as he expects a U.S. dollar bear market to play out. He cites “unprecedented liquidity injection,” […]
Don’t spend your days watching bitcoin charts trying to find the best time to buy or sell, just get alerts. Many people complain about the volatility of bitcoin, but a good bitcoin alert tool allows you to turn volatility into opportunity. Coindera is a new bitcoin alert platform that monitors 100+ cryptocurrencies. Users can create all types of alerts: volume alerts, price alerts, regular alerts and even moving averages such as the EMA & SMA so you can spot trends. Coindera recently launched at The North American Bitcoin Conference and I had the opportunity to speak with Adam Evers the....
Bitcoin has stagnated after topping out in August at $12,500. The leading cryptocurrency currently trades in the middle of the medium-term range at $11,400. While some think that this price action is clearly the coin nearing a top, an analyst thinks that the cryptocurrency is primed to erupt higher. This analyst cited a fractal of the Nasdaq in the 2008 bear market. This analyst is one that has shared accurate fractals in the past, predicting […]
Dogecoin (DOGE) holders have been put on alert by crypto analyst Ali Martinez (@ali_charts), who shared a chart on Monday highlighting a noteworthy technical setup. According to Martinez, the Market Value to Realized Value (MVRV) ratio for DOGE just formed a “death cross” with its own 200-day moving average (MA)—an event that previously correlated with major price declines. Dogecoin MVRV Death Cross Warning Martinez’s chart, sourced from Santiment, plots three key data points: DOGE/USD Price (black line), DOGE’s MVRV Ratio (orange line) and DOGE’s 200-day MVRV Ratio MA (red line). He....
After analysis had been posted, yesterday, bitcoin trading bought price up in a surge above resistance. Although more upside may be in store there is another upside technical hurdle looming on the horizon. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Trading and Price Analysis. Time of analysis: 15h03 UTC. BTC-China 1-Day Chart. From the analysis pages of xbt.social, earlier today: The 1-day chart shows that yesterday's volatile move was technically justified: MACD....