Cryptocurrency Opinion & Analysis

Bitcoin Drops Below $62K as Risk-Off Sentiment Takes Hold

Bitcoin Drops Below $62K as Risk-Off Sentiment Takes Hold

Key Takeaways Bitcoin fell below $62K due to escalating Middle East tensions. Market volatility continues as geopolitical and economic uncertainties…
Bitcoin’s Uptober Potential: Another Rally in the Cards?

Bitcoin’s Uptober Potential: Another Rally in the Cards?

Except for 2022, the month of October since 2020 has seen Bitcoin’s price swing up over 27% from the beginning…
Bitcoin Faces Near-Term Uncertainty Despite Strong September Gains

Bitcoin Faces Near-Term Uncertainty Despite Strong September Gains

Key Takeaways Bitcoin’s recent price surge is primarily driven by institutional investors, not retail. In spite of geopolitical tensions and…
Solana Has More Room to Run Before Losing Momentum

Solana Has More Room to Run Before Losing Momentum

Our regular readers probably know that we’re not big fans of cryptocurrencies. We like to trade and invest in things…
Bitcoin: 4 Key Catalysts That Could Spark a Breakout From 6-Month Consolidation

Bitcoin: 4 Key Catalysts That Could Spark a Breakout From 6-Month Consolidation

The Fed’s dot plot shows consensus on more rate cuts ahead and that could prove bullish for financial markets While…
Bitcoin: Can PCE Data Propel Crypto Past Key Resistance Toward $70K?

Bitcoin: Can PCE Data Propel Crypto Past Key Resistance Toward $70K?

Bitcoin’s rise to $65,000 is fueled by liquidity and institutional interest in spot ETFs. A brief dip from Mt. Gox…
Bitcoin Eyes Acceptance Above 200-day MA as ETF Flows Remain Positive

Bitcoin Eyes Acceptance Above 200-day MA as ETF Flows Remain Positive

Bitcoin’s price is flirting with a break above the 200-day moving average and the 65k handle. However, downside risks persist,…
Bitcoin Eyes New High as China Joins Fed With Pandemic-Level Stimulus

Bitcoin Eyes New High as China Joins Fed With Pandemic-Level Stimulus

Bitcoin appears positioned for a potential rally following China’s recent announcement of a pandemic-level stimulus package. This development, alongside recent…
Bitcoin: Strong Resistance at $65k Poses the Next Challenge Before Run to ATH

Bitcoin: Strong Resistance at $65k Poses the Next Challenge Before Run to ATH

Bitcoin has gained more than 15% over the last 2 weeks. Growing risk-on sentiment can continue to boost the crypto.…
Is Bitcoin En Route to $90,000?

Is Bitcoin En Route to $90,000?

In our previous update, see here, we found that: “Since our preferred analysis method is the Elliott Wave Principle (EWP),…
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