ANALYSIS
Bitcoin Forms “Ascending Triangle”, Tries to Rebound Above $35,000 Crucial Level
Bitcoin has formed an ascending Triangle thus hinting a bullish trend. The cryptocurrency will need to reclaim the $35,000 level as resistance to avoid bull-ending price action.
Bitcoin Supply on Exchanges Diminishes as BTC Stares at Last Key Support Level Above $30,000
As Bitcoin (BTC) eyes for a clear direction outside the $30K-40K range, the top cryptocurrency has been leaving crypto exchanges in droves.
Only a Small Fraction of Institutional and Corporate Money Entered into Bitcoin Market
The amount invested by institutions and corporates in the Bitcoin market is a small percent of their total cash reserve
Ethereum Tumbles as Low As $2,115 Partly Triggered by Delayed London Hard Fork Release
Ethereum is likely to extend its drop as indicated by a rising wedge chart.
Bitcoin Eyes for a Clear Direction amid the Mist
BTC traders are waiting for the next significant movement in either direction, as acknowledged by on-chain metrics provider Santiment.
Polkadot Price to Continue its Consolidation with Imminent Breakout
Just like the rest of the entire crypto market, Polkadot has been in a period of consolidation while making attempts to break out from its current levels.
Ethereum Gains Momentum and Multiple Altcoins Follow its Lead
Various altcoins are following Ethereum’s momentum footsteps. The market is looking at Ethereum climbing to the $2,400 level.
Bitcoin Investors Buying at the Dip Declines, Signaling a Potential Upward Momentum
Analysts acknowledged Bitcoin traders were on a go-slow as they were not buying the dip. Still, this doubt and disinterest was a positive sign of an upcoming turnaround.
Cardano Holds Upside Momentum as It Faces $1.49 Resistance Zone
Indicators signal the resistance of Cardano (ADA) is decreasing as the price of ADA is in a slow uptrend against the US dollar.
Bitcoin Prepares to Revisit $32,000 Support Level Before Retracing the Bull Market
Bitcoin may see a decline in search for a support barrier that may kick-start a rally.
