Tags : Upside

Bitcoin

Solid Upside Rejection as Bitcoin Tests $60,000; What to Expect?

Bitcoin bears attempted to take control during the early European session as the cryptocurrency neared a $60,000-valuation. The BTC/USD exchange rate slipped by as much as 4.89 percent from its intraday high of $59,800, triggering over $388 million worth of long positions across all the derivative exchanges in just four hours of trading. A sell […]Read More

Bitcoin

Bitcoin “Bear Whales” Show Signs of Exhaustion as Analysts Eye

Bitcoin’s price has been fairly stagnant throughout the past few days, with its recent rejection at highs of $28,500 kicking off a short-term consolidation phase Where the crypto trends in the mid-term may depend largely on whether or not bulls can invalidate these highs as a potential “blow-off top” There has been speculation that the […]Read More

Ethereum

Ethereum Needs to Secure $470 in the Near Future to

Ethereum has seen some weak price action as it fails to surpass the resistance zone from $470 to $490. Analysts suggest that the cryptocurrency should reclaim the $470 support to confirm more upside. There are “monstrous sell walls” on Coinbase’s ETH market that could limit upside moving forward. It also appears that there are a […]Read More