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Bitcoin has been under selling pressure over the past week Currently, the crypto is trading near a critical support level The broader outlook remains bearish, and downside risks persist The past week...
Bitcoin has recently lacked significant catalysts that could spark big price swings This low volatility period could come to an end if the crypto comes across certain technical levels With US retail...
In July, see here, we found using the Elliott Wave Principle (EWP), for the “queen of cryptos” Ethereum: “ETH’s strong rally last Thursday, [July 13], only to be erased a few...
The S&P 500 has continued its upward trajectory, surging by 3.11% in July, while the cumulative gains over the past 3 months stand at 10.06%.Obviously, the Fed’s indication that it might...
21e6 Capital's report suggests that Bitcoin maximalism has been the optimal way to invest in crypto.Regarding the crypto market, it appears that the simplest investing method – holding Bitcoin...
In July, see here, we found using the Elliott Wave Principle (EWP), “Bitcoin (BTC) rallied strongly last Thursday, [July 13], only to erase all of those gains a day later. That smells, per the...
The price of Ripple, the fifth largest cryptocurrency by market cap, doubled in a matter of hours on July 13th. The reason for this sharp surge was a court ruling that XRP is not a security in and of...
I just returned from an invigorating week in hot and humid Miami, Florida, where I was privileged to present at the Mining Disrupt conference. This annual event attracts the who's who of the digital...
Surprise, surprise! The US Federal Reserve raised the interest rate benchmark by 25 basis points, resulting in a new target range of between 5.25% and 5.5%. Markets had already anticipated the move...
Bitcoin has traded in a range for a month, testing the lower band Meanwhile, Ethereum recently bounced off critical support Fed's press conference is key for both cryptos Bitcoin has been in a...
At the end of June, we found using the Elliott Wave Principle (EWP) that Ethereum (ETH) was developing an almost picture-perfect Fibonacci-based impulse pattern, and:“[A]s long...
At the end of June, we found using the Elliott Wave Principle (EWP) that Bitcoin (BTC) had made an almost picture-perfect Fibonacci-based impulse pattern, and we were looking for a correction...
Bitcoin has traded within a narrow range between $30,000 and $31,500 for a month The crypto may undergo another correction before eyeing higher levels Meanwhile, Ethereum has found it difficult to...
Bitcoin is still hovering above $30,000, and although it experienced a slight pump on the CPI release update, the momentum was short-lived.But what's more interesting is a recent price projection by...
London-based banking corporation, Standard Chartered (OTC:SCBFF), adjusts its Bitcoin prediction for 2024 from $100,000 to $120,000, citing increased miner profitability.Standard Chartered has raised...