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Cryptocurrency markets are facing renewed selling pressure as a whole in February, thanks to the Fed's comments. However, some cryptos have been in a sideways trend and could be bracing for a...
This week, Bitcoin's technicals have signaled a potential shift in its recent downtrend. The crypto found support around $39,500, raising hopes that the correction is ending. Potential trend reversal...
The three major stock indexes in the U.S. – the S&P 500, Nasdaq, and the Dow Jones Industrial Average – have all notched new all-time highs this week.This rally is happening despite...
Bitcoin falls below $40,000 Is the Bitcoin halving priced in? 50 Fib the next test Bitcoin is trading around 2% lower on Tuesday, adding to losses at the start of the week and taking the price below...
In our last update on Bitcoin, where we presented a forecast for 2024, we found that based on historical evidence, “BTC moved late November/early December from the Early-Bull phase into its...
The U.S. Securities and Exchange Commission's (SEC) approval of the launch of 11 bitcoin exchange-traded funds (BTC ETFs) surged in bitcoin trading volumes. On the first day of the launch of trading...
Cryptocurrency markets, previously anticipating Bitcoin ETF approval, now face selling pressure attributed to factors impacting Bitcoin and the broader crypto market. Persistent outflows from...
Cryptocurrency markets are exhibiting a stable trend this week after the initial volatility at the start of 2024. Following the approval of the spot Bitcoin ETF last week, there was a general pullback...
Bitcoin broke the consolidation phase post-ETF approval, and now the spotlight turns to today's trading. The impact of spot Bitcoin ETF approval and global economic data is set to be felt. The crypto...
Following ETF approval, Bitcoin hits key Fibonacci retracement level.The highly anticipated ETF approval of Bitcoin and several ETF's has come and passed, and this has allowed Bitcoin to surge to the...
In case you haven’t heard, we’re on the verge of the first Bitcoin ETF in history being approved. Perhaps it will already have been confirmed by the time you read these words. Or perhaps...
SEC may officially approve applications today to allow spot bitcoin ETFs to be traded Meanwhile, the whales are accumulating Ethereum. Beware of too much euphoria on Bitcoin ETF news. Looking to beat...
The SEC and major investment firms appear prepared for Bitcoin ETFs to be approved later this week. Spot ETFs will be required to buy and hold underlying Bitcoin equal to their underlying assets,...
Regular readers know we primarily use the Elliott Wave Principle (EWP), to make prognostications on where Bitcoin (BTC) should ideally top and bottom. Besides, we track the 4-year cycle theory...
The crypto markets have begun the new year on a bullish note. Bitcoin's recent consolidation faced a setback amid reports hinting at a potential SEC rejection of spot ETFs. The crypto could leap...