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BitTorrent Turns Bearish; Nosedives Below $0.00035
7.9.2020
BitTorrent drew an extended uptrend against the US Dollar after the major market crash in March when the token marked the lowest at $0.000149, while currently trades at $0.000325. However, the extended uptrend took the price of BTT/USD to a high of $0.00055. With a total bearish crossover at...
Waves Lose Over 50% in 30 Days; Turns Completely Bearish
7.9.2020
Waves—a platform that aims at forming a strategic ecosystem to amplify the transition towards decentralization, wherein an individual takes the command of its funds and assets. Moreover, after having traded sideways, the coin regains the lost momentum and breaches a 2-year resistance above $4.5....
NEXO Turns Bearish; Drops by 36% at the Onset of the Month
7.9.2020
Nexo, one of the volatile cryptos in itself, is ranked amongst the top 150 assets of the global market and is backed by underlying assets of Nexo’s loan portfolio. The price drops after a marking a YTD high at $0.246, while confirming a bearish crossover, NEXO/USD turns below $0.20 and even below...
Bitcoin Gold Appears Super Bearish After Plummeting Below $10
7.9.2020
Bitcoin Gold—one of the cryptos with exact Bitcoin fundamentals, is ranked amongst the top 100 coins of the global market and is mined on common GPUs in place of specialty ASICs. Alongside, over the period, BTG has developed into a massive ecosystem with listings on over 75 exchanges, available...
LISK Sheds Farfetched Gains & Draws a Bearish Crossover
3.9.2020
Lisk is DPoS based smart contract platform working to provide enterprise solutions by way of blockchain for more than four years now. The ecosystem of Lisk offers a great opportunity to fetch the benefits of blockchain technology through developer tools, cryptocurrency wallets, and a quivering...
MATIC Appears Bearish Due to No Traction & Short-Term Support
2.9.2020
Matic Network—Proof of Stake based side chains bringing enormous scaling to Ethereum using an adapted version of Plasma. Matic Network is India’s second most reached out token after WRX and is a comparatively new token and is ranked on 120th position in the global crypto market. Matic Network...
Bitcoin SV (BSV) Draws a Bearish Crossover below $190
28.8.2020
Bitcoin SV is one amongst the top 10 cryptos of the market, and a fact that is indirectly forked out of Bitcoin Cash that is a hard fork of Bitcoin has much resemblance with the momentum of BTC and BCH. Just as Bitcoin continues to trade and consolidate below $12k and even $11.5k, Bitcoin Cash...
TRON’s Intraday Remains Bearish Below $0.025
26.8.2020
TRON—the most developing blockchain in the crypto ecosystem is marking staggering week-by-week milestones and has already surpassed a total of 8 million accounts on the network. It was just in the previous week when JustSwap was launched on TRON with a trading volume of around 10.5 million on...
Analysts Predict US Presidential Election Outcome Could Collapse Dollar, Boost Bitcoin and Gold
25.8.2020
Analysts have predicted a bearish outlook for the U.S. dollar as the country’s 2020 presidential election approaches. One analyst says gold will correct with Donald Trump’s victory followed by the collapse of the U.S. dollar. Bitcoin, on the other hand, stands to gain from the election....
Leveraged Funds Take Record Bearish Positions in Bitcoin Futures
24.8.2020
The funds likely boosted short positions to take advantage of attractive "cash and carry" yields
Bitcoin Slides Below $11.5k & Appears Completely Bearish
22.8.2020
Bitcoin descends after trading around $12k at $11.9k for the longest time now and is currently below $11.5k due to a bearish intraday. The recent accumulation below $12k appears like a new normal as it was in the previous month below $10k and $9.5k. However, a sizeable correction below $11.5k...
Chainlink (LINK) Appears Bearish Yet Trades Above $15
19.8.2020
Chainlink has been the most talked-about crypto of the year as it experiences an escalating price momentum after trading laterally until now. Moreover, it has been in this year itself that Chainlink has lured many strategic partnerships until now and its native token—LINK is fetching all...
Market Wrap: Bitcoin Bounces to $11.8K as Ether Option Traders Go Bearish
14.8.2020
Bitcoin broke through $11,800 Friday while traders are anticipating an ether fall based on the options market
‘How Can You Be Bearish?’ Asks Bitcoin Trader as Tether Surpasses $12B
14.8.2020
The supply of Tether has surpassed $12 billion and this will likely only make traders more bullish on the price of Bitcoin and alternative cryptocurrencies
Bitcoin Cash Trades Above $300 But Holds Bearish Divergence
7.8.2020
Bitcoin Cash celebrated its 3rd anniversary just at the onset of the ongoing month and is getting closer to fulfilling the vision with each passing day. BCH, with its reach and adoption till date, is ranked amongst the top 5 cryptos of the market, holding a market capitalization of over $5.75...
Some Bitcoin Traders Turn Cautiously Bearish — Why $9.5K Is a Problem
23.7.2020
The price of Bitcoin surged by 4.6% overnight but some traders are turning cautiously bearish on BTC/USD for two main reasons
Bitcoin’s Active Supply Hits 19 Month Low — Is It Bullish or Bearish?
17.7.2020
Bitcoin’s active supply has hit a 19-month low, mirroring the setup before the 2017 bull run
The Federal Reserve’s Declining Balance Sheet Is Bearish for Bitcoin. Or Is It?
10.7.2020
The Fed’s balance sheet just dropped the most in 11 years, but despite popular opinion, that is not necessarily bad news for bitcoin
US Dollar Slump Incoming: Bank of America Sees ‘Death Cross’ as Confidence in Gold Rises
9.7.2020
The US dollar is increasingly being viewed in a negative light by investors. Bank of America analysts are seeing a “Death Cross,” a bearish technical formation suggesting that a period of dollar weakness is coming. Meanwhile, confidence in gold has been rising. Investors Losing...
Ethereum Volatility Drops Below Bitcoin’s but ETH Options Are Bearish
29.6.2020
Ethereum’s implied volatility dropped below Bitcoin's for the first time ever, but is this a bullish or bearish development?