Cryptocurrency Opinion & Analysis
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…
Bitcoin: Rebound in the Offing at Key Support Levels?
29.08.2024
Bitcoin: Rebound in the Offing at Key Support Levels?
Bitcoin finds support following profit-taking induced selloff. ‘Hodlers’ continue to accumulate Bitcoin at pace, adding 262k Bitcoin over the last…
Bitcoin: Bears Firmly in Control With Move to $56K Support Likely
29.08.2024
Bitcoin: Bears Firmly in Control With Move to $56K Support Likely
Bitcoin has retreated this week, despite other risk assets doing well this week. Short-term traders may have exacerbated the decline…
Bitcoin: Powell’s Dovish Boost Not Enough to Spark Breakout Above 100-DMA Barrier
27.08.2024
Bitcoin: Powell’s Dovish Boost Not Enough to Spark Breakout Above 100-DMA Barrier
After surging, Bitcoin is currently hovering near a crucial resistance zone. A sustained move above this could reignite bullish momentum.…
Bitcoin: Clearing 50-Day SMA Could Provide the Spark for a Bullish Shift
24.08.2024
Bitcoin: Clearing 50-Day SMA Could Provide the Spark for a Bullish Shift
Although in our previous update from late July, we were, correctly, looking for lower prices ($60+/-2K), we got more than…
Bitcoin: Dovish Powell Today May Ignite Highly Anticipated Breakout
23.08.2024
Bitcoin: Dovish Powell Today May Ignite Highly Anticipated Breakout
Bitcoin shows signs of recovery after a sharp drop, forming a potentially bullish ascending triangle pattern. Despite resistance at $61,000,…
Prospects for Cryptocurrency Development in South Asia
23.08.2024
Prospects for Cryptocurrency Development in South Asia
The scalability of financial technologies depends on legal system adaptability. India, with 93 million cryptocurrency owners, ranks first globally. However,…
Is Altseason Finally Back?
22.08.2024
Is Altseason Finally Back?
ALTseason actually started already back in 2023, when we got a nice five-wave bullish impulse in the ALTcoin dominance chart…
Bitcoin: Expect Crypto to Remain Under Pressure in the Near-Term
22.08.2024
Bitcoin: Expect Crypto to Remain Under Pressure in the Near-Term
Bitcoin prices are currently range-bound, the range between 56,561 and 61,750 is keeping both buyers and sellers cautious. Mt. Gox…
Bitcoin: Despite the Bounce, This Correction Is Probably Not Over Yet
22.08.2024
Bitcoin: Despite the Bounce, This Correction Is Probably Not Over Yet
Not surprisingly, Bitcoin has experienced significant market fluctuations over the last few weeks. While Bitcoin spent most of the spring…