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Bitcoin tests crucial $25,700 support level amidst shifting sentiment Fed's Interest Rate Decision could prove a make-or-break moment for the cryptocurrency In the following article, I analyze...
In our last update, see here, we presented three Elliot Wave Principle (EWP) options for Bitcoin, but we can now narrow it down to only two: a preferred and an alternate. Moreover, we...
Bitcoin's 50-day MA has crossed below 200-day MA, forming a 'death cross' Technically, this often indicates significant declines could be in the offing This formation also comes at a time when global...
Data shows long-term Bitcoin investors have held strong Meanwhile, the short-term bears are trying to push the price lower Support in the $25,000 is a key area that has held firm so far The start of...
Market markers in the digital asset sector are struggling with increasing costs as they take measures to mitigate risks.Market making in digital tokens has historically been lucrative, but the recent...
Bitcoin is currently finding support above $25,500, which corresponds to the Fib 0.382 level It needs to stay above this critical support in September for the bulls to gain strength Fed decision and...
USDCAD had been stuck in a steep uptrend after finding its feet at the 11-month low of 1.3091 in mid-July. However, the pair has been undergoing a downside correction since its rejection at a...
This is probably not the kind of title post you expected, but my point is a simple one: Assets are all joined at the hip. It isn’t natural, it isn’t healthy, but it’s definitely...
Ripple's value dropped to 0.43, lower than the levels we saw in July when there was a debate about Ripple winning a legal case against the SEC. Many traders were overly hopeful, causing a crowded...
Bitcoin has been under selling pressure over the past week Currently, the crypto is trading near a critical support level The broader outlook remains bearish, and downside risks persist The past week...
Bitcoin has recently lacked significant catalysts that could spark big price swings This low volatility period could come to an end if the crypto comes across certain technical levels With US retail...
In July, see here, we found using the Elliott Wave Principle (EWP), for the “queen of cryptos” Ethereum: “ETH’s strong rally last Thursday, [July 13], only to be erased a few...
The S&P 500 has continued its upward trajectory, surging by 3.11% in July, while the cumulative gains over the past 3 months stand at 10.06%.Obviously, the Fed’s indication that it might...
21e6 Capital's report suggests that Bitcoin maximalism has been the optimal way to invest in crypto.Regarding the crypto market, it appears that the simplest investing method – holding Bitcoin...
In July, see here, we found using the Elliott Wave Principle (EWP), “Bitcoin (BTC) rallied strongly last Thursday, [July 13], only to erase all of those gains a day later. That smells, per the...