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Despite all-time highs in major US indexes and gold, Bitcoin is lagging behind. The Bitcoin to S&P 500 ratio has been in bearish consolidation, indicating a divergence between the stock market...
The approval of spot Bitcoin exchange-traded funds (ETF) by the U.S. Securities and Exchange Commission (SEC) in January 2024 triggered a substantial rise in the bitcoin price. Also, interest in the...
Bitcoin and Ethereum rallied yesterday after the better-than-expected CPI report. Increasing demand suggest a possible attack of the ATH for Bitcoin. Similarly, Ethereum may bulls now have their eye...
Bitcoin’s price touched the $65,000 barrier, trading at $64,961.60 as of 11:38 AM ET on May 15, 2024, representing a over 5% increase over the past 24 hours.The cryptocurrency’s upward...
The open interest in Bitcoin options on the Bitget exchange has almost reached the level of Binance. According to The Block's data, the two exchanges are the absolute leaders in terms of OI share in...
Three weeks ago, we showed Bitcoin (BTCUSD) was forming a Bull flag, and based on our Elliott Wave Principle (EWP) analyses, we found that, “…BTCUSD should now be wrapping up the final...
Franklin Templeton, a major investment management firm, sees Solana challenging for the third position among cryptocurrencies. Despite the collapse of its main investor and scalability issues,...
Bitcoin whales continue to accumulate after the post-halving dip, signaling bullish sentiment. Traders advised to monitor $60,000 support level.In a pivotal moment for the cryptocurrency market,...
Crypto markets plunged in April, with Bitcoin leading the decline. BNB held stronger than others, currently consolidating between $550 and $650. Memecoin PEPE corrected after its surge, now eyeing a...
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...