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Bitcoin recently experienced a sharp decline after reaching an all-time high in March. Factors such as reduced demand, increased miner selling, and bearish market sentiment contributed to the...
Bitcoin has been consolidating around $63,000 despite broader market declines. But, the double-top pattern and struggle to get back above $70k raises concerns of a correction. Critical support levels,...
In our last update, we found using our Elliot Wave Principle (EWP) count that Ethereum (ETHUSD) was in the final phase of its correction: “Otherwise, we continue to view Ethereum in …...
Cryptocurrency markets have experienced a downturn post-Bitcoin halving, marked by lower trading volumes. Ethereum and Solana are struggling to break key resistance levels at $3,200 and $150,...
Bitcoin's recent surge has been fueled by ETF inflows. However, that's not the only factor fueling the surge, as Chinese capital outflows have sparked a recent correction. Historical data suggests...
Despite the recent Bitcoin halving event, market reaction remains subdued, with Bitcoin consolidating within a narrow range. Factors like limited supply, increased demand from Bitcoin ETFs, and a rise...
Bitcoin's struggles continue as the halving is just hours away.Bitcoin’s price has dropped below $60,000, hitting a low of around $59,600 on Binance. The drop follows news that Israel conducted...
Cryptocurrencies are shedding gains made earlier this year. Ethereum faces hurdles below $3,500, eyeing support at $2,900 amid bearish indicators. Dogecoin's correction echoes the market trend,...
Three weeks ago, we showed Bitcoin (BTCUSD) continued to follow the fractal with the January 2021 correction, and based on our Elliott Wave Principle (EWP) analyses, we found that “… we...
Bitcoin kicked off the week with a bullish tone, hinting at potential upside momentum. A breakout from the symmetrical triangle pattern might ignite fresh bullish sentiment. However, a potential...
Digital asset investment products attracted $646 million in inflows last week, with Bitcoin receiving the lion's share. BTC saw its price jumped 4.5% to above $72,000 today.Digital assets witnessed a...
Bitcoin's consolidation continues amid a bearish outlook, but technical indicators hint at a possible shift in sentiment. Rising profit-taking expectations and dampened risk appetite have...
Bitcoin's rally paused recently as fund outflows from exchanges and ETFs soared. Since January, there's been a noticeable trend of funds exiting digital currency platforms, with the third-largest...
Unfortunately, it has been over two months since we last provided a public update on Ethereum (ETHUSD) when it was trading at around $2300; see here. Back then, we expected ETHUSD to correct to...
Cryptocurrency king is facing dramatic losses today as overnight price action shows that the Bitcoin prices dropped over 6% today. While some investors are booking profit but Hodlers know that they...