Cryptocurrency Opinion & Analysis
Bitcoin and Ethereum Slump, Brace for More Volatility Ahead of Fed Rate Decision
16.09.2024
Bitcoin and Ethereum Slump, Brace for More Volatility Ahead of Fed Rate Decision
Key Takeaways Bitcoin and Ethereum experienced significant drops in the past 24 hours. The market is increasingly expecting a more…
Bitcoin: Reaction Buying Likely to Continue With $61K Resistance in Focus Next
13.09.2024
Bitcoin: Reaction Buying Likely to Continue With $61K Resistance in Focus Next
Bitcoin’s rebound faces resistance at $59,000 but may rally to $65,000 if it breaks above that level. Key support at…
Bitcoin: Positive ETF Flows Could Continue to Fuel More Gains
12.09.2024
Bitcoin: Positive ETF Flows Could Continue to Fuel More Gains
Bitcoin prices rebounded due to increased ETF inflows, ending an 8-day outflow streak. BlackRock warns of continued market volatility, citing…
Bitcoin: Range Trading Remains in Play Amid Lack of Conviction
12.09.2024
Bitcoin: Range Trading Remains in Play Amid Lack of Conviction
Bitcoin prices have recovered last week’s losses as ETF flows snap an 8 day streak of outflows. On September 10,…
Bitcoin Prone to More Volatility as August CPI Report Looms
11.09.2024
Bitcoin Prone to More Volatility as August CPI Report Looms
Key Takeaways Bitcoin’s price increased by 2% before stabilizing ahead of the CPI data release. Market anticipates a rate cut…
Bitcoin: Short-Term Downtrend Gaining Steam With $50K Support Test Likely
11.09.2024
Bitcoin: Short-Term Downtrend Gaining Steam With $50K Support Test Likely
Cryptocurrency funds saw sharp capital outflows last week. Bitcoin remains under pressure, and the next key support level is at…
Bitcoin Eyeing a Deeper Reversal as ETF Outflows Continue
06.09.2024
Bitcoin Eyeing a Deeper Reversal as ETF Outflows Continue
Bitcoin prices have struggled to gain momentum of late with the fear and greed index remaining in fear territory. Global…
Optimism Fading for BTC/USD?
06.09.2024
Optimism Fading for BTC/USD?
Down -4.0% month to date, Bitcoin (BTC) versus the US dollar (USD) is extending last week’s -7.3% fall. Weekly Support…
Bitcoin to 9000 or 90,000?
05.09.2024
Bitcoin to 9000 or 90,000?
The largest cryptocurrency, Bitcoin (BTC/USD), bottomed out on August 5 at $49,202, rallied overlappingly until the end of the month,…
Ethereum to $900 or $9000?
05.09.2024
Ethereum to $900 or $9000?
Like many others, the second-largest cryptocurrency, Ethereum (ETHUSD), bottomed on August 5 at $2121, rallied overlappingly until the end of…