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Tag Archives: Bearish

Bitcoin Price Watch: Currency Likely to Remain Bearish for Now

At press time, the price of bitcoin is unchanged and still lying within the $6,200 range where it’s remained for roughly 72 hours. Many analysts had predicted that bitcoin’s sudden “stability” would in turn lead to bullish behavior. After all, the coin was remaining at $6,500 for several days, and it appeared things weren’t likely to change in the immediate ...

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TRON Price Goes off the Deep end as TRX/BTC Outlook Turns Bearish

It would appear the cryptocurrency traders are souring on TRON a bit. Despite all of the recent advancements and developments behind the scenes, the TRX price simply isn’t all that appealing right now. Ongoing losses in USD and BTC value push the currency down again, and entering the market cap top 10 will become a lot more difficult. TRON Price ...

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Novogratz Turns Bearish on Bitcoin Short-Term, Won’t Break $9,000 Before 2019

Mike Novogratz, outspoken cryptocurrency investor, CEO, and founder of investment firm Galaxy Digital, is commonly known throughout the crypto industry as one of the emerging asset class’ most prominent bulls. However, according to comments made by Novogratz at The Economist’s Finance Disrupted 2018 conference yesterday the long-time Bitcoin bull may finally be turning bearish – at least in the short-term. ...

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Ripple Price Analysis: XRP/USD Turned Bearish Below $0.5500

Key Highlights Ripple price failed to hold the $0.5520 and $0.5500 support levels and declined sharply against the US dollar. There was a break below an important bullish trend line with support at $0.5420 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair tested the $0.5000-0.5020 support and it is currently consolidating losses. Ripple price ...

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3 Short-term Bearish Bitcoin Price Predictions for Q4 2018

Bitcoin has not had the best of runs throughout 2018. Especially when compared to late 2017, this year is rather disappointing so far. Things can still turn around in the financial quarter of 2018, yet the bearish Bitcoin price predictions are stacking up. The following three examples show how things can deteriorate further in the coming weeks. #3 Weak Volume ...

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Failure of Buyers to Close Above $7,000 is Bearish for BTC

After three weeks of bulls, Bitcoin prices are yet to breach the $6,800–$7,200 main resistance zone. With this, bears are in control as Sep 5 bearish pattern overshadow buy attempts. Remember, this is printing at the time when investors, market influencers and traders are “over the top bullish”. This is all thanks to week ending Sep 23 double bar reversal ...

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