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Is It Time to Question the Party? Lots of resistance ahead in Bitcoin. Original Post
In our last update, see here, Bitcoin was trading at $31000 and we found, “It has moved steadily higher and should now be in grey W-iii of green W-1. Moreover, in early October, BTC broke out...
Is it time for Ethereum to rally?We've all seen Bitcoin dominance hitting nearly 60%, while altcoins remained in the dark. But take a look at ETH/BTC, possibly putting in a bottom, coinciding with a...
Bitcoin recently faced significant resistance after the Federal Reserve's interest rate decision but saw short-term gains due to increased risk appetite. The cryptocurrency is currently within a...
As Powell's press conference drove down bond yields on his statement about the upcoming tightening of conditions (reducing the need for further hikes), Bitcoin rallied higher alongside equities. Now...
Bitcoin formed a bullish chart pattern known as the 'golden cross' in the wake of its latest rally that took its price to a 1.5-year high. In the wake of its latest rally, Bitcoin (BTC) appears to be...
Bitcoin remains in a pivotal price range around $34,000, with an upcoming Fed decision likely to influence its next move. Ethereum has upward momentum, breaking resistance levels, and its trajectory...
Bitcoin finally breaks 16oz of gold. What is next?
Bitcoin has reached its highest level since May 2022 Rumors regarding a new ETF have been the reason behind the cryptocurrency's steep surge Is the price surge sustainable for the crypto or is it...
What is it about Bitcoin and these October dates? Bitcoin soared in October 2020 on the news that PayPal (NASDAQ:PYPL) will accept BTC. October 2021 and 2023 were related to the ETF (see the Chart...
Bitcoin hits $31,000, highest levels since July Michael Saylor’s MicroStrategy Bitcoin position turns positive (average $29,582 purchase price) Major bond market yield reversal keeps cryptos...
It’s been a month, see here, since we last presented our Elliot Wave Principle (EWP) update for Bitcoin, as it barely moved until October 16. But that all changed that day. Namely, in our last...
Bitcoin broke above key resistance following fake BlackRock ETF approval news But despite the fake news, the crypto managed to stay above $28,000 Can the positive momentum last and take Bitcoin above...
The U.S. bond market is at a tipping point, with the 10-year Treasury note yield rising above 4.95% for the first time since 2007.This is significant and marks a point where the median returns on...
CoinGlass reported that $72 million worth of short positions were liquidated on the spike higher from the false SEC approval news US Government holds around 200,000 bitcoins, worth over $5 billion SEC...