Tag Archives: Bearish

Ethereum Price Technical Analysis – ETH/USD’s Bearish Path

Key Highlights ETH price declined further and followed a short-term bearish path below $445 against the US Dollar. There are two bearish trend lines forming with resistance at $428 and $442 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might correct towards $440-442 in the near term, but could face sellers. […]

Ethereum Price Technical Analysis – ETH/USD Bearish Positions Increase

Key Highlights ETH price is struggling to move higher and is currently trading near the $290 level against the US Dollar. There is a major bearish trend line forming with resistance near $298 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might continue to struggle as long as there is no […]

Ethereum Price Technical Analysis – ETH/USD Remains in Bearish Zone

Key Highlights ETH price recoveries are capped by the $312-314 resistance zone against the US Dollar. There is a new connecting bearish trend line forming with resistance near $308 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might extend the recent slide and likely to test the $300-301 support area. Ethereum […]

Noted Short Seller Andrew Left Is Bearish on Bitcoin Investment Trust and ICOs

Citron Research’s Andrew Left is not at all impressed by the latest wave of initial coin offerings (ICOs) and the Grayscale Bitcoin Investment Trust (GBTC) .  ICOs have become popular as more and more start-up are using them to raise money.  Citron Research’s Left, who is a well known activist short seller, has also bet […]

Investor Who Predicted 2008 Mortgage Crisis Bearish About Bitcoin

Investor Peter Schiff has remained bearish about the future of Bitcoin and other digital currencies despite their sustained solid performance as of mid-August 2017. Bitcoin’s price has recently hit a new record high of $4,500 per token. However, the continuous phenomenal performance of Bitcoin has also reinforced Schiff’s belief that the digital currency is advancing […]

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