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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...
Bitcoin, Ethereum are both in a downtrend Ahead of crucial inflation data, both cryptos are trading within key support levels The data release is set to cause volatility to spike for the cryptos In...
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...
The first half of 2023 was quite eventful for the global financial markets and the crypto industry. Macro factors, particularly inflation, continued to play a major role, and while the US Federal...
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...
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...
Ahead of US inflation data, Bitcoin remains trapped in a sideways trend Ethereum, on the other hand, remains bullish Will a favorable CPI spark a rally in both cryptos? Bitcoin has been stuck in a...
As the Bitcoin/Gold Ratio reaches 16.0, it calls up a crucial area, equivalent to two major inflection points in Bitcoin's past: The 2018 top and; the 2021 summer bottom.What will it be this time? A...