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Watch Grayscale Bitcoin Inflows for the 40K Breakout Signs - JPMorgan
18.1.2021
As bitcoin (BTC) is now seemingly stuck in a range, it could both fall further or push through the USD 40,000 level again - with Grayscale Bitcoin Trust (GBTC) possibly being a determining factor.
After hitting a new all-time high of USD 42,000 in early January, last week, bitcoin dropped to almost...
Bitcoin and Altcoins Trade Near Key Breakout Region
10.12.2020
After a sharp decline towards USD 17,650, bitcoin price recovered and settled above the USD 18,000 level. However, it is facing a strong resistance near USD 18,500 and USD 18,580. The price is currently (05:00 UTC) consolidating well above USD 18,200 and it could make another attempt to break...
Bitcoin hits new 2020 high at $16.7K —Traders expect bigger breakout
16.11.2020
Bitcoin price hit a new 2020 high at $16,765 and traders expect a much larger rally to occur in the near term
Bull flag breakout will decide whether Bitcoin price goes to $16K or $14K
6.11.2020
Bitcoin’s bull flag will determine whether bears push the price to $14K or if bulls finally take the $16K mark
Ethereum price ascending channel breakout possible if Bitcoin consolidates
31.10.2020
Consolidation from Bitcoin would allow Ethereum to double bottom in its BTC pair and possibly breakout from the ascending channel in its USDT pair
Impending pennant breakout sets Bitcoin price back on the path to $14,000
30.10.2020
Increasing volume and a breakout above a key trendline have set Bitcoin price back on the path to $14,000
Report: Bitcoin Set for its Biggest Breakout Yet
30.10.2020
A recent Coinmetrics report says on-chain fundamentals are hinting at bitcoin experiencing its biggest breakout yet. The report notes that bitcoin is already showing signs of this following its rise by about $1,000 in one day on October 21. The digital asset has subsequently set a new all-time high...
3 Hints Why Bitcoin Might Be 'Poised for Biggest Breakout Yet'
28.10.2020
Bitcoin (BTC) has hit new 2020 highs, nearing the price of USD 14,000, and it's "poised for takeoff," according to crypto analytics firm Coin Metrics that gave three reasons why that might be the case.
In the past 24 hours, BTC had surpassed USD 13,800, or the level last seen in January...
Breakout or fakeout? Top traders react to Bitcoin price rally to $11.9K
20.10.2020
Bitcoin price rallied to $11,900 but traders are unsure whether the move is a breakout or a fakeout
Ascending channel Bitcoin price breakout possible despite OKEx scandal
17.10.2020
Bitcoin price lost the bullish energy that took the price to $11.7K earlier this week but the current range may offer opportunities to swing traders
Bitcoin and Altcoins Preparing For Next Breakout
15.10.2020
Bitcoin price mostly remained in a tiny range below the USD 11,500 and USD 11,550 resistance levels. BTC seems to be consolidating above the USD 11,250 support and it seems to be preparing for the next move. The price is currently (13:00 UTC) trading well above USD 11,250 and it must clear...
Bitcoin and Altcoins Trading Near Key Breakout Zone
6.10.2020
Bitcoin is trading above the USD 10,550 and USD 10,650 support levels. Having said that, BTC is approaching a crucial breakout zone near USD 10,800 and USD 10,950. The price is currently (08:30 UTC) trading well above USD 10,650 and it seems to be preparing for the next major move.
Similarly, most...
Devere Group CEO Predicts Bitcoin Can Replace Gold as Top Safe-Haven Within a Generation
30.9.2020
A few weeks ago, Devere Group CEO and founder Nigel Green said that he believed the U.S. election would bolster the price of bitcoin. Speaking with the financial broadcast MoneyFM on Monday, Green said he also believes that bitcoin will replace gold as the ultimate financial safe haven within...
Bullish pennant hints at Bitcoin price breakout to $11,300
12.9.2020
Bitcoin price is consolidating into a tighter range as traders appear ready to test the $10.5K resistance
Bitcoin Will Break Out This Year, Says Devere CEO
30.8.2020
The CEO of financial advisory firm Devere Group believes that 2020 will be a breakout year for bitcoin, fueled by the U.S. presidential election and the weak dollar. Amid political uncertainty and the Fed’s new inflation policy, investors will pile into safe-haven assets not tied to...
Bitcoin Price $12K Breakout Fails — Here’s How Low BTC Can Now Drop
19.8.2020
The price of Bitcoin has failed to turn $12,000 into a new support level, which may result in more downside for BTC in the near term
93% of Bitcoin’s Supply Profitable at $11K, ‘Realized Price’ Recovers from Black Thursday
29.7.2020
Onchain data shows that bitcoin’s breakout above $11,000 puts 93% of the circulating supply in a state of profit. Additionally, seven-day metrics show that bitcoin’s “realized price” has recovered from the low that took place on March 12. The research and analysis firm...
Bitcoin’s Current Breakout Sets It up for $28,000, Headed for Six Figures – Max Keiser
29.7.2020
Max Keiser has predicted that bitcoin’s current bullish pattern will lead toward a price of $28,000. While the bitcoin bull does not give a timeframe when this is likely to happen, he believes that, thanks to relentless government money printing, the benchmark cryptocurrency will eventually...
Exchange Activity Explodes Following Bitcoin’s $10K Breakout
28.7.2020
On-chain exchange activity exploded during Bitcoin’s recent breakout, seemingly confirming the legitimacy of the price momentum
With $10K Near, Is Bitcoin Price Ready for a Big Breakout Next Week?
25.7.2020
The price of Bitcoin is showing strength as it broke through a key level this week and putting $10,000 within reach once again