Bulls

Bitcoin Reaches a “Bounce or Die” Level as Bulls Lose Their Footing

After a day-long period of consolidation within the lower-$6,000 region, bulls have once again lost their footing, with bears catalyzing a break below the support that had been established at $6,000. This has led analysts to note that Bitcoin is fast approaching a “bounce or die” level that buyers must defend, or else the benchmark […]

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Ethereum Bulls Incoming? Total Value Locked by DeFi Apps Up 28% in 3 Days

The total value of ETH locked by DeFi dapps in USD terms is up 28% in the last three days, a boon for traders who witnessed one of the largest single day fall of Ethereum on Mar 12, 2020. Ethereum is the leading platform for decentralized finance or open finance applications. Its decentralized nature and […]

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These Simple Factors Show the Bitcoin Bottom is In, But Bulls Aren’t in the Clear Yet

After multiple failed attempts to break above the heavy resistance that Bitcoin has faces around $6,900, the benchmark cryptocurrency has once again fallen into a bout of sideways trading around $6,600. This consolidation phase is also occurring against a backdrop of bullishness within the traditional markets, with BTC being fully exposed to the downside of […]

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Here’s Why Bitcoin Bulls Aim Larger Rally Above $7K In Near Term

Bitcoin is gaining momentum and it is trading above the $6,500 support against the US Dollar. BTC price is likely to continue higher towards $7,000 and $7,200 in the coming sessions. Bitcoin is showing a few positive signs above the $7,500 and $7,400 support levels against the US Dollar. The price could grind higher towards […]

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Bitcoin Near Key Fib Extension Resistance, Can Bulls Spark A New Rally?

Bitcoin is up more than 10% and it broke the key $6,400 resistance against the US Dollar. BTC price is now trading near the $6,650 resistance, above which it could surge to $7,000. Bitcoin is gaining traction and it recently climbed back above $6,200 against the US Dollar. The price is now trading above the […]

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Goldman Sachs’ Call to Buy Gold Cheers Bitcoin Bulls; Here’s Why

Bitcoin bulls were cheerful this Tuesday as a top analyst’s call to purchase gold amidst the Coronavirus-induced market turmoil created similar opportunities for the cryptocurrency. Jeffrey Currie, a commodity researcher at Goldman Sachs, said in a note that the yellow metal has reached an “inflection point” after the Federal Reserve announced that it would buy […]

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Do or Die For Bitcoin Bulls: Here’s What Could Trigger Short Term Rebound

Bitcoin is facing a crucial resistance near $8,200 against the US Dollar (as discussed yesterday). BTC price could trade in a range for a few sessions before the next move. Bitcoin is trading in a bearish zone below the $8,200 resistance area against the US Dollar. The bulls are putting up a fight to defend […]

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Ethereum Dips Briefly Below $200, Will Bulls Push Back?

Ethereum price continued to fall this morning after a weekend slide saw all of last week’s gains wiped out. The number two cryptocurrency even briefly dipped below $200, before recovering to around $205 at time of writing. Latest Losses Crush Year-to-Date Progress It could be said that Ethereum and its ETH token had been having […]

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Ethereum Trading Near Crucial Juncture, Can Bulls Save The Day?

Ethereum failed to continue higher above the $252 resistance and declined against the US Dollar, similar to bitcoin. However, ETH price is now trading near a key uptrend support. ETH price is down 5% and it is now trading below the $235 level against the US Dollar. The price struggled to gain strength above $250 […]

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Ethereum Bulls Waiting On Sidelines For Crucial Bullish Break Above $140

Ethereum is gaining traction and it recently recovered above the $225 resistance against the US Dollar. ETH price could rally if there is a clear break above $238 and $240. Ethereum is slowly gaining momentum above the $220 and $225 levels against the US Dollar. The price must climb above the $238 and $240 levels […]

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Can Ethereum Bulls Overcome This Hurdle To Start Fresh Rally?

Ethereum decline to a new 3-week low at $208 against the US Dollar, similar to bitcoin. ETH price could correct higher in the short term, but upsides are likely to remain capped near $242. ETH price is currently showing a few recovery signs from the $208 low against the US Dollar. The price is now […]

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Bitcoin Just Plunged From $10k, But This Data Shows Bulls Are Still in Control

Bitcoin climbed higher nicely above $9,800, but it failed near $10,000 against the US Dollar. BTC price is currently declining, but it is likely to find support near $9,640 and $9,500. Bitcoin price failed again to gain strength above the $10,000 resistance area against the US Dollar. It is down more than $250, but there […]

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Do or Die for Bitcoin Bulls: Here’s A Crucial Breakout Zone For A Sharp Recovery

Bitcoin managed to stay above the $9,350 support area against the US Dollar. BTC price is currently recovering, but it must surpass $9,825 for a strong upward move. Bitcoin price is currently correcting higher from the $9,350 support area against the US Dollar. There is a strong resistance waiting on the upside near the $9,825 […]

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Ethereum (ETH) Bulls Falling Short, but will prices Drop to $200?

Ethereum (ETH) is peaking and traders, it seems are quickly taking their profits. For perspective, and to quantify how fast longs are scrambling for the exits, the second most valuable asset is down 5% in the last trading day. Ethereum (ETH) bulls Falling Short Peaking over the weekend, $20 just shy of the important $300 […]

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Signal That Preceded 10% Bitcoin Boom Appears Again, and It’s Big for Bulls

Bitcoin hasn’t fared too well over the past few days, tumbling as low as $9,500 on Monday as sellers have started to liquidate their stacks en-masse. This meant that at the current correction’s worst, BTC was down just around 10% from the local $10,550 high that was set last week. While this plunge seemingly marks […]

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Here’s Why Bitcoin Bulls Need To Be Very Careful Here: A Big Pullback Is Still Possible

Bitcoin declined to a new weekly low at $9,483 before recovering against the US Dollar. BTC is back above $9,700, but it is still trading below a few key hurdles ($9,950 and $10,000). Bitcoin price started an upside correction after trading as low as $9,483 against the US Dollar. There are positive signs on the […]

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Bitcoin (BTC) Dips Below $10,000 USD As Bulls Enter Panic Mode. Is It Time To Sell?

Bitcoin (BTC) dipped below $10,000USD for the first time in a week following a $500 drop in an hour. Market sentiments are turning bearish on the short timeframe charts as $9,500 USD key support levels lingers. Bitcoin (BTC) price crashed below the psychological support level at $10,000 USD in the early trading hours on Saturday […]

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Blow to Bitcoin Bulls as Price Hits China FUD Level [Again]

Bitcoin was struggling to resume its explosive upside action on Friday as it felt the pressure from a so-called China FUD level. The offbeat cryptocurrency earlier this week plunged by more than 4.5 percent right after it established a new year-to-date high above $10,500. The move served as a reminiscent of a similar climb-and-rebound from […]

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This Bitcoin Metric Is Over 100% Higher in 2 Months, and It’s Critical for Bulls

Over the past 60 days, Bitcoin has found itself rocketing higher, rallying from a low of $6,400 to a local top of $10,500 in the span of two months. Related Reading: Ethereum Explodes 15% Higher to $250 in 1 Day: Are More Gains Imminent? Bitcoin’s Booming Open Interest May Set Stage for Surge Over the […]

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Bitcoin Is Diving But The Bulls Won’t Give Up Easily: Key Levels To Watch

Bitcoin price started a downside correction from well above the $9,550 area against the US Dollar. BTC broke the key $9,220 support and it is now trading in a short term bearish zone. Bitcoin declined recently below the $9,300 and $9,200 levels against the US Dollar. The price traded close to the $9,050 level and […]

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Bitcoin Bulls Alert: This Head & Shoulders Pattern Could Trigger Violent Drop

Bitcoin traded to a new 2020 high at $9,575 and recently corrected lower against the US Dollar. It seems like a head and shoulder pattern is forming, which could drag BTC towards $8,800. After a steady rise, bitcoin price struggled to gain momentum above $9,500 against the US Dollar. The price is currently declining and […]

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Are Bitcoin Bulls Finally Giving Up? BTC Shows First Signs of a Big Correction

Bitcoin spiked above $9,400 and $9,500 against the US Dollar. BTC traded to a new yearly high at $9,569 and it is currently showing signs of a downside correction. Bitcoin price is likely forming a short term top near the $9,570 level against the US Dollar. The bulls seem to be losing control, but there […]

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Bitcoin [BTC] Gains $1000 in 3 Days, Bulls Move Price towards Mega Resistances

Bitcoin [BTC] price continues it’s bullish streak, now confirming a break above bearish resistances with long green candles. BTC has gained $108x in 3 days with a 13% rise. The price gained $400 over-night as it tested the highs at $941x; for the first time since October last year. While the previous break-out proved out […]

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