Analysts Expect Move to $20,000 High as Bitcoin Holds Key Supports

Analysts Expect Move to $20,000 High as Bitcoin Holds Key Supports

Bitcoin underwent a rapid correction last evening after the coin pressed as high as $18,500 on leading exchanges. Even still, analysts remain optimistic on the leading cryptocurrency. One trader said that since Bitcoin managed to hold key support levels despite entering the low-$17,000s twice in the span of a few hours, it could move to new highs. Bitcoin Holds Key Support Levels Bitcoin underwent a rapid correction last evening after the coin pressed as high […]


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Ethereum Could Break Dramatically Higher Once It Holds $500

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Bitcoin Primed to Bounce as $16,000 Level Holds Multiple Times

Bitcoin has undergone a slight drop since the $16,400 highs. Though analysts think that the cryptocurrency remains bullish as the $16,000 support level holds. Related Reading: Here’s Why Ethereum’s DeFi Market May Be Near A Bottom Bitcoin Could Move Back Toward the Highs as $16,000 Holds Analysts think that Bitcoin could move back toward the […]

Analysts Still Expect Ethereum Rally to $500 Despite $40 Flash Drop

Analysts think that Ethereum is primed to press higher despite last night’s $40 drop. One analyst noted that Ethereum remains in an extremely advantageous position on a macro time frame. He shared a chart showing that ETH is currently sitting above macro supports, meaning it has room to stretch toward $800 and beyond as it continues to hold those technical levels. Ethereum Could Move Toward $500 Analysts think that Ethereum is primed to press higher […]

Bitcoin price hits $18K but traders expect ‘shallow’ pullback before new high

Bulls pushed Bitcoin price to $18,000 but analysts still expect a ‘shallow’ correction before a new all-time high. Bitcoin (BTC) just set another 2020 high by rallying above $18,000 for the first time in three years.On Nov. 17 BTC price rallied to $17,858 after a high volume surge pushed the price cleanly through the $17,100 to $17,300 range that many analysts believed would be a strong resistance level. According to Decentrader co-founder, filbfilb, Bitcoin price could continue to march higher in the short-term if key underlying supports hold. BTC/USD daily chart. Source: TradingViewThe....