Category: Analysis

The bears have slowed down Bitcoin’s rally near the $100,000 critical level, pulling the coin below $98,000 at press time. Despite the retracement, crypto analyst…

Bitcoin is up 2.98% in the past 24 hours. The rally has allowed the coin to cross the $92,100 resistance after the bears spent several…

After peaking at $93,109 on November 13th, Bitcoin has cooled down, with its price correcting to $88,904 as of this writing. Despite the latest downturn,…

Bitcoin crossed the $81,000 mark on November 10th, recording a new peak price. Several analysts now anticipate the continuation of the uptrend in the coming…

Bitcoin plummeted below $69,000 on Friday and found support at $67,582 on Sunday. While the coin has witnessed a recovery rally in the past 24…

Bitcoin started trending upward on October 28th, with the bulls thrusting it above the $69,500 major barrier. This price action sends a clear signal that…

Bitcoin rallied above $67,000 on Wednesday, clearing the final barrier on its journey to $69,900. The latest price action has boosted confidence that BTC could…

After dropping to $60,328 on Sunday, Bitcoin has recovered massively, crossing $63,500 as of this writing. The latest price action suggests aggressive purchasing of the…

A positive job report published by the US Bureau of Labor Statistics on Friday fueled Bitcoin to rally above the $62,034 resistance. The coin has…

Rising tensions in the Middle East caused Bitcoin to trend downward, reaching near the $60,102 psychological support on October 1st. While the bulls have sustained…

Bitcoin crossed the $66,000 mark on September 27th, suggesting the resumption of an uptrend. The bullish move, which started on Thursday, appears to have boosted…

Bitcoin bears mounted resistance near $65,000 on Sunday, suggesting that they aim to keep the coin’s price within the lower half of the $55k -$73k…

On Wednesday, the US government announced that the consumer price index (CPI) for August had risen 0.2%, matching analysts’ estimates. In response to the report,…

The current price action suggests that Bitcoin bears are looking to seize control. Over the weekend, BTC crossed below $54,000 after breaking out of the…

As the S&P Index closed last week with gains of 0.26%, Bitcoin, on the other hand, came under selling pressure, recording 7-day losses of about…

Bitcoin has been subject to extreme volatility within the $55,739 – $73.654 trading range in the past two weeks. While most analysts remain bullish on…

Bitcoin crossed the $63,000 overhead resistance late last week, suggesting the bulls were ready to propel the coin higher. The sudden surge came after Fed…

Despite BTC trading sideways for numerous months, long-term investors have continued to hold their coins. According to Glassnode’s latest report, over 73% of Bitcoin hasn’t…

An Urgent Call For Improved Security Measures Yesterday, Chris Larsen, the co-founder of Ripple, experienced a high-profile security breach of his personal XRP holdings. After…

Introduction to Supply and Demand Zones Supply and demand zones are areas that indicate trend reversal or consolidation. When it comes to investing, cryptocurrency investors…