Cryptocurrency Opinion & Analysis
Bitcoin Drops Below $62K as Risk-Off Sentiment Takes Hold
02.10.2024
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?
01.10.2024
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
01.10.2024
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
30.09.2024
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
30.09.2024
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?
27.09.2024
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
27.09.2024
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
27.09.2024
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
25.09.2024
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?
24.09.2024
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),…