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Bearish

Bearish

A Crypto Trader Thinks Ethereum Could Plunge Towards $300 as Momentum Slows

August 12, 2020

After Bitcoin and Ethereum attempted to surge past $12,000 and $400, respectively, the momentum has tapered off. Over the past day, the leading cryptocurrencies have plunged lower despite a weakening …

Bearish

What Analysts Think Comes Next

June 12, 2020

Bitcoin continued to slip lower after Bitcoinist’s previous market update. The cryptocurrency slipped from the $9,500 support where it was attempting to hold to a low of $9,070 on major …

Bearish

Last 2 Times This On-Chain Signal Appeared, Ethereum Crashed. It’s Back Again

June 10, 2020

Ethereum has been on an extremely strong rally since the March lows, recovering to a local high of $250 from $88. This nearly 200% performance has allowed the cryptocurrency to …

Bearish

Here’s Why ETH Won’t Rally

June 9, 2020

It’s been an extremely explosive past few weeks for Ethereum. The second-largest cryptocurrency is up more than 170% from the March lows of ~$88. This is a performance that has …

Bearish

Despite Recovery Rally, Ethereum Is Primed to Fall Towards $200: Analyst

June 4, 2020

After yesterday’s retracement in the prices of Bitcoin, Ethereum, and other top cryptocurrencies, analysts are already expecting more downside. One trader suggested that ETH is trading in a textbook broadening …

Bearish

Bitcoin Market Structure Looks Very Similar to $10,500 February High

May 30, 2020

Since bottoming at $8,600 over five days ago, Bitcoin has performed extremely well. The asset rallied as high as $9,650 on Thursday, liquidating dozens of millions of dollars worth of …

Bearish

Ethereum Traders Are Extremely Bullish Despite Multiple Looming Storm Clouds

May 24, 2020

Ethereum and the rest of the cryptocurrency market have experienced a healthy retracement over the past five days after weeks upon weeks of rallying. From the monthly highs, ETH is …

Bearish

Here’s What May Come Next

May 14, 2020

In the three days after Bitcoin plunged 15% in an hour from $9,700 to $8,100, the cryptocurrency was stuck in a holding pattern, trading between $8,100 and $8,800. But just …

Bearish

Bitcoin Correction Fears Mount as S&P 500 Prints Signal That Preceded 35% Crash

May 12, 2020

It’s a common sentiment now that Bitcoin benefited from the recovery in stocks since the March lows. After all, if stocks had continued to crash, there likely would have been …

Bearish

Analyst That Called 2019’s Bitcoin Bottom Predicts Imminent Drop to $6,400

May 10, 2020

It’s been a volatile past seven days for Bitcoin. After peaking at $10,100 some 48 hours ago, the cryptocurrency took a dive on Saturday and Sunday morning, tanking $2,000 in …

Bearish

After Stellar 100% Rally, Bitcoin Is Finally Printing a “Sign of Exhaustion”

April 25, 2020

From the $3,700 lows established in the middle of March, Bitcoin has mounted an extremely steep comeback over the past five to six weeks. In fact, the leading cryptocurrency is …

Bearish

This Unexpected Factor Presents a Long-Term Risk to Ethereum’s Value: Analyst

April 23, 2020

Over the past few weeks, Ethereum has been benefiting from a surprising trend: stablecoins, which have recently passed $9 billion in aggregate value. Although some of these stablecoins are based …

Bearish

What Shrinking Crypto Communities Mean for the Prices of Bitcoin & Altcoins

April 16, 2020

Every notable Bitcoin bottom has been marked by a bout of capitulation in the crypto industry; at the end of 2018, BTC fell from $6,200 to $3,150 within two weeks, …

Bearish

Bitcoin Price Could Recover If Bulls Defend These Key Levels

February 28, 2020

Bitcoin (BTC) faced a serious downturn this week, shedding more positions from above $9,500. Now, the leading coin is fighting for key support levels, in case it breaks down closer …

Bearish

Bitcoin Price Bounces Back Above $8200, Are Bulls Finally Here?

October 21, 2019

With most of the past two days spent below $8k bitcoin price has been looking extremely bearish. A big bounce in late trading on Sunday, however, sent BTC back above …

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