Learn How Trade Crypto
Ethereum (ETH) has made a surprising rally that has taken the community by surprise but it is unlikely that this rally will have the momentum to preserve its gains. RSI on the 4H time frame has now run into a trend line resistance and shows a bearish divergence. The price has also faced strong resistance at […]
Bitcoin’s price seems like it’s about to reach the $6,000 mark, says data from CoinMarketCap. The rally that has recently started continues with the crypto community closely watching the charts. Will BTC get over $6,000? For the first time since November 2018, Bitcoin’s price has been recovering to such a high level. At press time, BTC […]
There was certainly no shortage of crypto news to digest over the weekend. Amongst the notable development was Bitcoin wallet developer BlueWallet Services’ first-of-its-kind announcement that its wallet app had gained Apple Watch support. Additionally, the NYAG-iFinex legal tit-for-tat continued, with AG Letitia James on Friday opposing iFinex’s motion to vacate the highly publicized court […]
Bitcoin (BTC) has finally touched the $5,800 mark. The price retraced strongly after barely climbing above the mark but it can be said to have tested market structure now. That being said, we can still expect this rally to go further but there does not seem to be much room for that. It is alarming though […]
By CCN: Fidelity Digital Assets, a subsidiary of the world’s fourth-largest asset manager with $2.46 trillion in assets under management, said in a research paper that institutional investments in bitcoin and other crypto assets are likely to increase over the next five years. The research read: “Nearly half of respondents (47%) appreciate that digital assets are […]
According to the source Bit Info Charts, Bitcoin-related tweets are at their lowest level in 5 years. The figure has drawn ire from cryptocurrency speculators that the world has lost interest in Bitcoin — but is this really the case? One Twitter use Revin Rooke made the following conclusion: There were 16,710 tweets yesterday, but roughly 30k Bitcoin […]
Bitcoin (BTC) is the 21st century’s version of tulip mania. That’s the argument that cryptocurrency cynics have lobbed at BTC since its earliest years in circulation. But, more and more evidence is showing that crypto assets, especially Bitcoin, are much more than a flash in the pan, and will instead be a revolutionary technology that will change […]
Bitcoin (BTC) has slowed down after rallying hard the past few days. Most retail bears have already opened short positions while others are still looking for more favorable entry points. The price is clearly overbought and the resistance zone at $5,800-$6,000 is clearly not one to be breached that easy. However, that has not stopped most […]
Bitcoin (BTC) is still very likely to rally towards the resistance zone at $5,800-$6,000 despite the recent retracement. The price rallied too high too soon and this pullback was expected. The price seems to have reverted to mean within the ascending channel it is trading in. Now we can expect it to consolidate for a whole […]
Historical Precursor To Altseason Is Showing Its Face Fundstrat’s prominent head of research, Tom Lee, recently took to Twitter to remark that one of the “pre-conditions” for historical altcoin rallies is coming to life in the current cycle. This precursor, for those unaware, is a drop in the correlation between the crypto asset class at […]