Cryptocurrency Opinion & Analysis

BTC/USD tried to stage a recovery over the weekend, but failed to confirm a break above the 100-DMA around $8,800 and resumed the bearish move on Tuesday. Today, the price has lost around 6% already,...

Bitcoin breaks support at 8625/8600 as expected keeping bears in control targeting 8500 and 8350 before the low at 8210/00. A break lower is expected eventually targeting 7800 and the the most...

In these last few days, Bytecoin has launched a real tidal wave of hype across the crypto community, smashing other altcoins right and left. This is a fascinating series of events; but before we delve...

Despite positive developments around the token, Litecoin (LTC) erased the gains from earlier this week on Tuesday, in a sudden change in the bullish sentiment.What Positive Development?The...

NEM’s cryptocurrency token, XEM, has been one of the slower ones in top 20 to recover from the market crash we saw at the beginning of 2018. However, in the past three days, it has seen enough...

The first day of the consensus event has indeed been extremely entertaining but the best is yet to come. Leaving the Lambo parade and fake banker protest aside, the panelists in the main hall have...

The key to Bitcoin's direction is first support at 8625/8600. Holding here allows a recovery to resistance at 8850/8900. The outlook remains negative – try shorts with stops above 9000. However...

Last week I had the opportunity to sit down with Marco Streng, the wunderkind bitcoin visionary behind Genesis Mining. Genesis, as many of you reading this might know, is the world’s largest...

On the daily chart we see a decline in seven swings; A-B-C-(X)-A-B-C, which makes correction more complex, so we would not be surprised, if we get at least three-wave recovery, especially since we saw...

Bitcoin outlook negative despite a bounce in oversold conditions. We are holding strong resistance at 8650/8750 and should turn lower. Holding below 8600 targets 8500 and 8350 before the low at...

In just two short weeks, EOS – the fifth largest cryptocurrency by market capitalization – fell from an all-time high of $23.03 to as low as $12.05, losing almost 48% of its value. As the...

The EOS breakout is finally here. And it’s not what the bulls were waiting for. After the massive gains towards the all-time-high level of $23 in April, EOS got trapped in a triangle chart...

Large cryptocurrency speculators edged their bearish net positions slightly higher in the Bitcoin Futures markets this week, according to the latest Commitment of Traders (COT) data released by the...

My last post on Bitcoin made reference to a bearish engulfing candle that had formed on the daily timeframe.Since then, its price drifted slightly upwards, then plunged and closed below the low of...