The bears are losing power? The number of short positions on the market of cryptocurrencies is reduced

Date:

2019-01-12 00:00:07

Views:

2805

Rating:

1Like 0Dislike

Share:

The bears are losing power? The number of short positions on the market of cryptocurrencies is reduced Source:

The last Few days -the bulls fought bravely at the level of 4 thousand dollars, but have been unable to accumulate significant impetus for the further promotion of the coin. Despite the lack of a clear uptrend, the number of short positions is decreasing. This may indicate that bears are losing grip. The lack of volatility in Bitcoin for some time led to the formation of a flat market altcoins, among which the distinguished is that the value .

the

What analysts think about Bitcoin

Analysts have been unable to agree on the next resistance level Bitcoin, but one claim that they will have to seriously upgrade the purchase to push the coin higher than 5 thousand dollars. Senior market analyst at eToro's Mati Greenspan recently said that Bitcoin seems to be permanently trapped in a wide range from 3 to 5 thousand dollars.

Despite the good round figure of 4000, it is not any meaningful psychological level. When there is a great probability to reach out to the broader range.

Greenspan also said that although the recent jump in BTC is slowing down, the number of short positions becomes smaller. According to analysts, this suggests that the bears are losing confidence in the further devaluation of CryptoRandom.

the

heard about altcoins?

Today one of the most active alternative cryptocurrencies is Tron, which last week good interest. A sharp jump TRX can be directly associated with the upcoming launch of the token BitTorrent BTT, which will be based on the blockchain Tron.

The More data you look at . And current rates of coins can be found in our classroom . For example, today, Bitcoin continues to move away from the flat and shows a level of 3690 dollars. The level of dominance is 52.5 percent.

Recommended

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

Rally Bitcoin — deception. Well-known economist advises to invest in gold

Rally Bitcoin — deception. Well-known economist advises to invest in gold

Director of Euro Pacific Asset Peter Schiff does not see anything supernatural in growth . Recall that the main cryptocurrency has already risen by 179 percent since the beginning of 2019 and is now trading at the level of $ 8540. According to Schiff...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...

Hacker 1337. How to hack Etherscan not to cause any harm

Hacker 1337. How to hack Etherscan not to cause any harm

Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...

Continue the fall of Bitcoin in the near future? Response graphs

Continue the fall of Bitcoin in the near future? Response graphs

on Thursday, fell 8 percent in just a few hours. As a result of discharge of the main cryptocurrency market capitalization declined by nearly $ 10 billion. The situation remains critical, but in the short term may develop and bull...

Excursus in history: the first cryptocurrency exchange and Bitcoin 0.003 dollar

Excursus in history: the first cryptocurrency exchange and Bitcoin 0.003 dollar

If you don't count the mining, soon after the appearance to get inside was via the forums and IRC channels. All agreements about the transactions and transfer the agreed amounts have been built on trust, as there was not even the ...

Circle CEO: Bitcoin will have a greater impact on society than the Internet

Circle CEO: Bitcoin will have a greater impact on society than the Internet

most recently, Circle conducted an AMA session on Reddit. CEO of the company Jeremy Allaire and other representatives of the company answered the most common questions community. Also members of the team Circle was summed up in 20...

25 percent easy.

25 percent easy. "The king of bonds," predicts sharp jump in Bitcoin

the CEO of the company DoubleLine Capital, which manages assets worth more than $ 200 billion, has prepared advice to the speculators. Jeffrey Gundlach believes that the rate can rapidly increase to 5 thousand dollars. According t...

Only 15 percent of the GBR Ethereum is ready for the hard forks Constantinople

Only 15 percent of the GBR Ethereum is ready for the hard forks Constantinople

Constantinople — one of the most important upgrades that can be activated within five days. The event will take place smoothly, or an unfortunate case of testing hard forks in testnet again? According to the experts Trust Nodes, o...

The Ethereum fell below $ 130. What's next?

The Ethereum fell below $ 130. What's next?

Price continues to trade in a fairly narrow limits until the previous discharge. Looking at the chart, every day that the cryptocurrency below the level of 154 dollars, had a negative impact on its prospects for growth. Now we can...

In Bitmain has appointed a new CEO. Farm in Texas is delayed

In Bitmain has appointed a new CEO. Farm in Texas is delayed

a Protracted bear market in 2018 has crippled mining companies, since mining on certain types of equipment ceased to be profitable. Falling prices and Hasrat reduced the complexity of mining. However, it was not enough to dissuade...

Red October, which led to a sharp drop in Ethereum and Bitcoin Cash?

Red October, which led to a sharp drop in Ethereum and Bitcoin Cash?

Over the last 4 hours of the capitalization of the stock market lost about $ 9 billion, and has fallen by at least 15 percent per day. The price for this too collapsed down to $ 3670. What is the reason for such a collapse? While ...

Tron increased by 53 percent in just five days. What is the reason?

Tron increased by 53 percent in just five days. What is the reason?

Among the top 10 altcoins of our so far only shows the most impressive results. Despite not the best condition of the market, the cryptocurrency has been growing for several days, adding to its value by 53 percent. Today, the coin...

How to calculate the profitability of mining. Top 7 best cryptocurrency calculators

How to calculate the profitability of mining. Top 7 best cryptocurrency calculators

the miners usually two questions: "how to live to the end of the month" and "which coin to start digging to later the year to buy a car". To solve the first problem, recommend a program about survival Beara Grylls. At the same tim...

Bad story for Dash: one wallet owns 51 percent of Hasrat

Bad story for Dash: one wallet owns 51 percent of Hasrat

Today, one of the interested users of Reddit have raised the alarm. He noticed that although the overall Hasrat of a network of anonymous coins is 1.9 thousands of terresa, more than a thousand of them in the company . As reported...

Cryptocurrency will be of interest to Central banks, but with what? The answer is Bitcoin innovator nick Szabo

Cryptocurrency will be of interest to Central banks, but with what? The answer is Bitcoin innovator nick Szabo

pioneer Cryptoprotected Nick Szabo does not exclude that Central banks will begin to seek support for the cryptocurrency reserves in. Clogs – a seasoned cryptographer, in 1998 developed focused on the privacy of digital currencies...

Bitcoin can cost either a lot or a zero. Opinion of financial Manager bill Miller

Bitcoin can cost either a lot or a zero. Opinion of financial Manager bill Miller

Miller is the Founder of Value Partners from Baltimore, bill Miller spoke with CNBC. He said that he likes that is not correlated with the stock market. However, the coin can either fly to the heavens or fall to zero. While Miller...

CEO Ripple critics said that banks will move into XRP. The company has already attracted 200 customers

CEO Ripple critics said that banks will move into XRP. The company has already attracted 200 customers

As reported by CCN, 13 new financial institutions began to use the blockchain with RippleNet. This brought the total number of customers the company has officially exceeded two hundred. FINTECH-applications and Euro banks like Exi...

Who would doubt: Bitcoin — the decentralized cryptocurrency

Who would doubt: Bitcoin — the decentralized cryptocurrency

really is the most decentralized cryptocurrency in the top 10 of our . Experts of analytical company LongHash recently compared the activity of mining pools in Bitcoin, and . As it turned out, most of Hasrat main cryptocurrency i...

What is useful to a hacker attack on cryptocurrencies? The answer of the founder of Litecoin

What is useful to a hacker attack on cryptocurrencies? The answer of the founder of Litecoin

As we have seen, for example , hacker attacks are a very serious problem for all cryptocurrencies. But Creator Charlie Lee, on the contrary, considers them a good advantage. He recently said that a good cryptoprocta, by definition...

CEO cryptostroma:

CEO cryptostroma: "a Gut feeling Bitcoin will fall to 3 thousand dollars"

CEO of blockchain startup Winnie Lingam recently talked with Cointelegraph, the programme of the weekly Hodler’s Digest. A longtime entrepreneur nascent kriptonyte and «shark» South African Shark Tank said he is wa...

Why does Ethereum need ASIC mining? The developer's reply

Why does Ethereum need ASIC mining? The developer's reply

an Independent developer Alexey Ahunov has recently published a very bold statement on the Ethereum forum Magicians. According to him, programmers will be glad of the gradual integration of ASIC mining in the economic model of cry...