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It’s deep red for the majors early on. With support levels already tested, it could be a painful day ahead for the bulls.
It’s back into the red for DASH. A hold onto $119 levels will be key to avoiding a pullback to $117 levels later in the day.
Bitcoin decreased by almost 2% in the last 24 hours and is trading at around $5100. The benchmark cryptocurrency attempted to break through $5200, but again faced sales pressure, and as the price dropped, trading volumes grew.
Bitcoin Cash ABC looks set for another rally, providing much-needed support to the broader market. Bitcoin will need to hold on though…
Bitcoin Cash ABC is the early mover, while Litecoin sees red. It could be a choppy day ahead if the majors fail to breakout from current levels.
It’s been a bad week for the majors, but it could have been far worse. Bitcoin’s recovery and hold onto $5,000 levels remains pivotal for the broader market.
It’s a better start to the day than Friday. Holding above key levels through the morning would be key to avoiding a sell-off later in the day.
Altcoins, as always, demonstrate the complete absence of their own path, duplicating the waves of negative or positive of the first cryptocurrency. Top 10 altcoins in the moment lose 4% -7%.
It’s another bearish start to the day. Following yesterday’s sell-off, the market could go into free-fall should support fail to kick in by lunchtime.
It’s red across the board, with Wednesday’s late pullback spilling over to the early hours. Things could get dicey if there’s no partial recovery this morning.
It’s back in the green for the majors, but a recovery of the current week’s losses will be needed ahead of the weekend to sustain the upward momentum.
The weekend did not help Bitcoin to break above $5,300: a level that, according to technical analysis, became the threshold for further growth towards $6,000.
DASH joins the crypto majors in the red in the early hours. Failure to move through to $136.11 levels could lead to heavy losses on the day.
It’s a bullish start to the day, with the major resistance levels very much in play. A major crypto rally could bring $73 levels into play.
Tagomi Trading, LLC, a New Jersey based cryptocurrency brokerage firm has received the sought after New York BitLicense. They are backed by Peter Thiel, a pro-Bitcoin billionaire and co-founder of PayPal, amongst others, raising a total of $27.5 million.
After calling bitcoin's decline in 2018, technical trader Peter Brandt is forecasting new highs for bitcoin over the next two years.
It’s a bearish start to the weekend, but its been a particularly bullish start to the quarter. A bitcoin hold onto $5,000 levels could deliver another bounce…
This week will be remembered by the crypto market participants with the revival of increased dynamics. The total capitalization of all cryptocurrencies increased from April 2 by 18%, reaching $174 billion.
Major cryptocurrencies under consolidative price action as bulls fail to hold fort at 2019 highs.
The S&P 500 gained 0.2% at the close of trading session on Wednesday, but index futures are losing ground at the beginning of trading in Europe, reflecting the wary mood of market participants before important Friday data. In turn, data from the United States caused disappointment, showing a decline in the growth impulse of the largest global economy: ADP showed private sector growth by 129K, worse than the expected level at 184K, and Non-Manufacturing ISM instead of growth from 59.7 to 58.1 declined to 8-month low at 56.1. At the moment, EURUSD trades at 1.1240 with the nearest important resistance level at 1.13, and local support levels are located far below, in the area of 1.07.
Chinese and US stock indices maintain growth impulse. Normalisation of 3mo-10y yield curve helps the market’s optimism. EURUSD and GBPUSD finds support at major levels 1.12 and 1.30, respectively. Brent nears $70 on worries about supply.