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“# Bitcoin toys with $60K as crucial price support level sees multiple retests ” Bitcoin (BTC) bounced at the pivotal $58,400 during Nov. 17 as the day continued choppy price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: This isn’t the “real” bear market Data from Cointelegraph Markets Pro and TradingView showed BTC/USD abruptly reversing…
“# Traders watch for a trend reversal after Ethereum price drops to $4,100 ” Ether (ETH) traders might have a few reasons to panic after today’s 13% drop down to $4,100. The swift pullback appears to have broken a 55-day ascending channel that had a target at $5,500. Ether/USD price at FTX. Source: TradingView Those…
“# Ethereum price risks losing $4K on ‘rising wedge’ breakout fears ” A selloff in Ether (ETH) on Nov. 16 has increased the chances of ETH’s price falling below $4,000. ETH plunged 10% to around $4,100 on Tuesday, amid an ongoing market correction led by Bitcoin (BTC). In doing so, Ether dropped below its fourth-quarter…
“# Price analysis 11/15: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, SHIB, LUNA ” Bitcoin (BTC) could not sustain its gains and succumbed to profit-booking as the U.S. trading markets started the week, possibly indicating that bears have not given up yet. PlanB, creator of the popular BTC stock-to-flow model, does not seem to…
“# Bitcoin falls from $66K highs, Tesla down 3% after Elon Musk warns he could sell more stock ” Bitcoin (BTC) tested $65,000 as support as U.S. markets opened Nov. 15 as a weekend surge ended in retracement. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analysts maintain positive BTC price outlook Data from Cointelegraph Markets…
“# Price analysis 11/12: BTC, ETH, BNB, ADA, SOL, XRP, DOT, DOGE, SHIB, LUNA ” Bitcoin (BTC) price continues to weaken following the shakeout of the leveraged traders in the derivatives markets on Nov. 10. This caused the derivative funding rates to drop to the neutral territory of 0.01% across exchanges. Data analysis firm Arcane…
“# Ethereum ‘has to bounce’ as ETH bulls pin $5K rally hopes on critical support channel ” Ethereum’s native token Ether (ETH) could see yet another strong rebound in the sessions ahead as its price falls into a trading zone with a recent history of attracting buyers. The rising trendline has been triggering ETH’s price…
“# Ascending channel pattern and Ethereum options data back traders’ $5K ETH target ” Ether (ETH) bulls seem excited by the recent $4,870 all-time high that was hit on Nov. 10. While it was a new high in U.S. dollar terms, ETH is still 51% below June 2017’s price in Bitcoin (BTC) terms. But it’s…
“# Here’s why Bitcoin losing $6K in hours was good for BTC price action ” Bitcoin (BTC) traded just below $65,000 on Nov. 11 after an overnight correction cancelled out previous snap gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “No free lunch” for speculators Data from Cointelegraph Markets Pro and TradingView showed BTC/USD recovering after…
“# Price analysis 11/10: BTC, ETH, BNB, ADA, SOL, XRP, DOT, DOGE, SHIB, LUNA ” Bitcoin (BTC) and Ether (ETH) have again risen to a new all-time high on Nov. 10, indicating that the trend remains firmly in favor of the bulls. In a recent report from Kraken exchange, analysts said that the current quarter’s…