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Bitcoin and Ethereum rallied yesterday after the better-than-expected CPI report. Increasing demand suggest a possible attack of the ATH for Bitcoin. Similarly, Ethereum may bulls now have their eye...
Bitcoin’s price touched the $65,000 barrier, trading at $64,961.60 as of 11:38 AM ET on May 15, 2024, representing a over 5% increase over the past 24 hours.The cryptocurrency’s upward...
The open interest in Bitcoin options on the Bitget exchange has almost reached the level of Binance. According to The Block's data, the two exchanges are the absolute leaders in terms of OI share in...
Three weeks ago, we showed Bitcoin (BTCUSD) was forming a Bull flag, and based on our Elliott Wave Principle (EWP) analyses, we found that, “…BTCUSD should now be wrapping up the final...
The crypto market rally that started this month is fizzling out already. Bitcoin and Ethereum remain stuck below key resistances. But, the two altcoins discussed below seem to be diverging from the...
Franklin Templeton, a major investment management firm, sees Solana challenging for the third position among cryptocurrencies. Despite the collapse of its main investor and scalability issues,...
The world of Bitcoin investment funds is undergoing a significant transformation. Grayscale, once the dominant player in the market, has seen its Bitcoin holdings diminish considerably. From a peak of...
Crypto markets plunged in April, with Bitcoin leading the decline. BNB held stronger than others, currently consolidating between $550 and $650. Memecoin PEPE corrected after its surge, now eyeing a...
Bitcoin has been consolidating around $63,000 despite broader market declines. But, the double-top pattern and struggle to get back above $70k raises concerns of a correction. Critical support levels,...
In our last update, we found using our Elliot Wave Principle (EWP) count that Ethereum (ETHUSD) was in the final phase of its correction: “Otherwise, we continue to view Ethereum in …...
Cryptocurrency markets have experienced a downturn post-Bitcoin halving, marked by lower trading volumes. Ethereum and Solana are struggling to break key resistance levels at $3,200 and $150,...
Bitcoin's recent surge has been fueled by ETF inflows. However, that's not the only factor fueling the surge, as Chinese capital outflows have sparked a recent correction. Historical data suggests...
Despite the recent Bitcoin halving event, market reaction remains subdued, with Bitcoin consolidating within a narrow range. Factors like limited supply, increased demand from Bitcoin ETFs, and a rise...
Bitcoin bulls were discouraged by rising geopolitical tensions last week. It has consolidated between $60,000 and $65,000, with $60,000 as a crucial support backed by the 3-month EMA around...
Bitcoin's struggles continue as the halving is just hours away.Bitcoin’s price has dropped below $60,000, hitting a low of around $59,600 on Binance. The drop follows news that Israel conducted...