Bullish

Ethereum (ETH) Leveraged Longs Still Bullish, Miner Revenue Tanks 1-Month Low

After tanking all the way to $1300 levels on Sunday, February 28, Ethereum (ETH) has registered a good pull-back to $1450 levels. At press time, Ethereum (ETH) is trading at a price of $1446 with a market cap of $166 billion. As per the recent technical indicators, Ethereum has set itself on the journey to […]

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Despite The Bitcoin Price Dip, This Week Was Incredibly Bullish

I know that this advice is easier said than done, but don’t get distracted by the price of bitcoin.  We closed last Friday at $56,000 and saw the price reach and all-time high over the weekend, yet the market decided to pull back. This is a feature, not a bug. Remember that bitcoin is a […]

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Record $6.5B futures open interest signals traders are bullish on Ethereum

The open interest on Ethereum futures hit a record $6.5 billion as ETH rallied to $1,750 and traders increased their leverage. Ether (ETH) price has rallied by 33% over the last five days and data shows that as this occurred some buyers began to use excessive leverage.  Although this is not necessarily negative, it should […]

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Ethereum Signals Bullish Breakout, Why ETH Could Hit New ATH Soon

Ethereum broke the $1,200 resistance to move into a bullish zone against the US Dollar. ETH price is showing positive signs and it is likely to continue higher above $1,300 and $1,400. ETH price is gaining bullish momentum above the $1,200 pivot level against the US Dollar. The price is facing hurdles near $1,280, but […]

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Actress Lindsay Lohan Makes Bullish Predictions for Bitcoin and Ether

Popular American actress Lindsay Lohan has joined the list of celebrities to talk about cryptocurrency, as the actress made bullish price predictions for Bitcoin and Ether in a promotional video. Bitcoin and Ether Getting to New ATH According to Forbes on Wednesday (Jan. 13, 2021), Lindsay Lohan made a promotional video predicting the prices of […]

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Ethereum price tumbles to $915, but traders are bullish for 4 key reasons

Ethereum price may have dropped by 34% in 24 hours, but multiple data points show traders are still bullish on Ether. The past week has been an emotional rollercoaster for Ether (ETH) traders, as there were seven four-hour candles of a 10% or larger price movement.  Furthermore, the most recent 30% drop to $920 triggered […]

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Bullish For Bitcoin: US Inflation Expectation Breaks Out From Decade Long Downtrend

Among the many reasons Bitcoin turned bullish in 2020, was primarily due to the sudden fear of inflation caused by unprecedented money printing. Each new round of stimulus money resulted in yet another massive rally in the cryptocurrency, helping fuel its rise from $3,000 to over $34,000. Inflation expectation has been in decline ever since […]

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Bitcoin’s Recent $3,000 Correction Actually Formed a Bullish Candle

Bitcoin has faced an extremely strong correction since its local highs around $19,500. The leading cryptocurrency currently trades for $17,000 almost exactly, though fell as low as $16,200 just the other day. That means that from its local highs, the leading cryptocurrency was down by over $3,000. Many have not taken this correction well: just […]

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Bloomberg lists 5 bullish trends for Bitcoin price despite ‘Thanksgiving crash’

Bloomberg praises market depth and liquidity, agreeing that conditions are much better now than during Bitcoin’s 2017 bull run. Bitcoin (BTC) continues to convert some of its harshest traditional critics from mainstream finance as Bloomberg admits that this bull run is nothing like 2017.  In an article on Nov. 27, the publication known for its […]

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Weekly Recap: Bitcoin and Ethereum Enter New Bullish Cycle, But Technicals Spell Trouble

Continue reading at Coinspeaker

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Bloomberg Goes Bullish on Bitcoin on Latest Nasdaq Decoupling

Bitcoin is on track of further price appreciation as it decouples from a classic positive correlation with tech stocks, according to Mike McGlone of Bloomberg Intelligence. On Wednesday, the senior commodity strategist highlighted the ongoing trend deviation between the flagship cryptocurrency and the Nasdaq 100 Stock Index — a benchmark that tracks the market performance […]

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Bitcoin Futures Traders Are Too Bullish After Pump to $16,000

It’s starting to appear that Bitcoin traders are a bit too bullish for their own liking. The leading cryptocurrency has exploded higher in the past two days, rallying from the weekly lows of $13,300 to highs near $16,000. This rally comes as the U.S. dollar has plunged lower on expectations that Joe Biden will be […]

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TA: Ethereum Prints Bullish Breakout, A Strengthening Case For $425

Ethereum’s ether started a fresh increase above $385, following bitcoin’s rise above $13,800 against the US Dollar. ETH price is likely to continue higher towards $420 and $425. Ethereum is up over 5% and it broke the key $400 resistance level. The price is now trading above $404 and the 100 hourly simple moving average. […]

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Big Banks Turning Bullish on Bitcoin Should Have You Worried

What an October it was for Bitcoin. The number one cryptocurrency by market cap has seen a 30% rise in its price over the last four weeks, making a 17-month high in the process. Even more impressive is how Bitcoin managed to shrug deteriorating macro-factors to achieve this. Source: BTCUSDT on TradingView.com This is mostly […]

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Gold ‘breaking down’ against Bitcoin is highly bullish for BTC — Analyst

Real Vision Group CEO Raoul Pal says gold is “breaking down” against Bitcoin, a signal that the bullish case for BTC continues to strengthen. Earlier this week, Bitcoin (BTC) advocate and Real Vision CEO Raoul Pal said gold is breaking down against BTC. If the dominant cryptocurrency continues to gain momentum against BTC, it could strengthen its […]

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Two Strong Ethereum On-Chain Trends Suggest the Trend Is Bullish

Ethereum has undergone a strong rally over the past few days amid a Bitcoin push higher. In the past seven days, ETH has gained around 10%, pushing from the $370 region to $410 as of this article’s writing. ETH is expected to push higher as there are fundamental and on-chain trends that favor bull trends. […]

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Bitcoin Nears Bullish Breakout, But Volume Has Yet To Come

Bitcoin has very few resistance levels left to clear before a new bull run is on, and the leading cryptocurrency by market cap returns to price discovery mode in search of its next all-time high. And while that break out into a bull market draws nearer with each passing day, so far, there’s no volume […]

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Spike in new participants buying Bitcoin is ‘obviously bullish’ — Analyst

Bitcoin price has been flat for nearly a month but on-chain data shows a bullish surge in new participants joining the network. The price of Bitcoin (BTC) has remained relatively flat for September and the strong decline in altcoin and DeFi token prices seems to be making the situation worse for many investors.  Despite this […]

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Bullish pennant hints at Bitcoin price breakout to $11,300

Bitcoin price is consolidating into a tighter range as traders appear ready to test the $10.5K resistance. Bitcoin (BTC) price appears to have entered the weekend on the good foot after a relatively uneventful Friday saw the price continue to fluctuate between $10,200-$10,400.  Cryptocurrency daily market performance snapshot. Source: Coin360 At the time of writing […]

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Bitcoin Just Ripped Past $12,000: Here’s Why Analysts Are Bullish

Bitcoin just moved past $12,000 for the first time since the strong rejection around 10 days ago. The leading cryptocurrency now trades for $12,020, though it has not yet flipped the pivotal $12,000 level into resistance. Analysts are keeping their eyes to the charts as the short-term reaction to $12,000 will dictate Bitcoin’s directionality in […]

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Ethereum Smashes Heavy Resistance: Next Bullish Levels Traders Should Watch

Ethereum gained bullish momentum above the $406 resistance against the US Dollar. ETH price is up over 5% and it seems like the bulls are aiming a test of $445 in the coming days. Ethereum climbed higher steadily and broke the $400 and $406 resistance levels. The price is now trading nicely above the $420 […]

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Ethereum price rallies above $400 resistance on bullish ETH options data

Ethereum’s put-call ratio dropped to its lowest level in 3 months, suggesting that traders expect Ether price to rise higher. Ether (ETH) options open interest grew by 230% to reach $393 million in the past three months. Although this is an impressive figure, it doesn’t fully reflect how the derivative instruments being used. Ether options […]

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Bitcoin trader sees 6 bullish signs for BTC after Fed ‘non-event’

Bulls are still king as market signs point up, not down, says filbfilb — but Friday’s futures expiry could spell trouble. Bitcoin (BTC) can still top $13,000 and higher as a series of “non-events” still leave bulls in a powerful position. Data from Coin360 and Cointelegraph Markets showed BTC/USD climbing towards $11,500 on Aug. 28, […]

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