Bitcoin price is struggling to gain momentum above $37,500 and $37,800 against the US Dollar. BTC could decline again if it breaks the $36,000 support zone. Bitcoin is facing a strong resistance near the $37,800 and $38,000 resistance levels. The price is now trading just above the $36,500 support and …
Read More »XRP At Risk Of Falling Out Of Crypto Top Five For First Time Since 2013
XRP has had an extremely difficult run since 2017 and things have only turned worse. But somehow despite the poor performance compared to its peers, it has managed to hold onto a top five rank by market cap dating back as far as 2013. However, the legal blow dealt by …
Read More »After Ethereum, 'next stop will be higher risk alts,' says Bitcoin investor Raoul Pal
Raoul Pal says higher risk altcoins are likely to follow Ethereum, which rose 60% in the first two weeks of 2021. Source link
Read More »Room to Rally: Bitcoin’s Risk-Adjusted Returns are Steady at 6 Year+ Levels
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 …
Read More »Bitcoin Eyes $30K as UK Vaccine Approval Boosts Risk Appetite
Bitcoin secured yet another record high level on Wednesday, helped by news of Anthony Scaramucci’s SkyBridge Capital investment’s investment into the cryptocurrency space. The benchmark cryptocurrency topped at $28,580 during the Asian morning session after reports revealed that the investment management firm had purchased $182 million worth of Bitcoin. The …
Read More »Bitcoin price rally at risk as gold and US dollar show signs of recovery
Analysts warn that a recovery in gold and the U.S. dollar index could negatively impact Bitcoin’s bullish momentum. Source link
Read More »TA: Bitcoin Stuck In Range, Why BTC Remains At Risk of A Sharp Correction
Bitcoin price failed again to clear the $18,800 resistance against the US Dollar. BTC is trading in a range and it could correct lower sharply if there is a break below $18,200. Bitcoin is still trading well below the key resistance area near the $18,700 and $18,800 levels. The price …
Read More »TA: Ethereum Near Make-or-Break Levels, Why There’s Risk of Sharp Decline
Ethereum’s ether traded below the $388 and $380 support levels against the US Dollar. ETH price is now testing $372 and it remains at a risk of more downsides. Ethereum extended its decline below the $392 and $388 support levels. The price is now trading well below $380 and the …
Read More »TA: Bitcoin Key Indicators Suggest Risk of Extended Downside Correction
Bitcoin price is down over $500 from the $13,850 swing high against the US Dollar. BTC is showing bearish signs and it could even decline below the $13,000 support. Bitcoin failed to stay above the $13,500 support and declined below $13,200. The price is currently consolidating near $13,200 and the …
Read More »‘Old hands selling out’ metric shows Bitcoin price at risk of HODLers dumping
On-chain data shows dormant addresses are selling BTC, leading some analysts to make bearish calls on Bitcoin price. Source link
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