Bitcoin price finally broke out above $50,000 to record a new daily high of over $52,667 after spending the last two weeks under $50K. The key on-chain metrics is signalling bullish sign with the exchange Bitcoin volumes on the decline while whales continue to accumulate Bitcoin as Coinbase registered another 12K Bitcoin outflow yesterday. While
Bitcoin price finally broke out above $50,000 to record a new daily high of over $52,667 after spending the last two weeks under $50K. The key on-chain metrics is signalling bullish sign with the exchange Bitcoin volumes on the decline while whales continue to accumulate Bitcoin as Coinbase registered another 12K Bitcoin outflow yesterday. While
Ethereum Classic (ETC) on the verge of breaching key resistance at $10.00 USD, as price spikes 4% in a day. Higher timeframe charts MACD, RSI, Elliot Wave technical indicators signal a long term bearish view on the ETC/USD pair. Ethereum Classic is arguably one of the top cryptocurrencies of 2020 following a successful Agatha hard
Ethereum Classic (ETC) on the verge of breaching key resistance at $10.00 USD, as price spikes 4% in a day. Higher timeframe charts MACD, RSI, Elliot Wave technical indicators signal a long term bearish view on the ETC/USD pair. Ethereum Classic is arguably one of the top cryptocurrencies of 2020 following a successful Agatha hard
It seems the worst is over for Bitcoin (BTC) in 2019 as indicators show signals of a possible bullish trend at the close of the decade. An inverted head and shoulders pattern is forming on the 4H timeframe charts with the price bouncing off the neckline for the past few candles. A completion of the
It seems the worst is over for Bitcoin (BTC) in 2019 as indicators show signals of a possible bullish trend at the close of the decade. An inverted head and shoulders pattern is forming on the 4H timeframe charts with the price bouncing off the neckline for the past few candles. A completion of the
Bitcoin [BTC] has been one of the best-performing assets of the decade. However, a trader knows best that the volatility in the price hasn’t fared well with everyone. This has often motivated the investors to adopt a ‘HODL’ strategy to earn the most from Bitcoin [BTC] as an asset. Thomas Lee, Co-Founder of Fundstrat, has
Bitcoin [BTC] has been one of the best-performing assets of the decade. However, a trader knows best that the volatility in the price hasn’t fared well with everyone. This has often motivated the investors to adopt a ‘HODL’ strategy to earn the most from Bitcoin [BTC] as an asset. Thomas Lee, Co-Founder of Fundstrat, has
The sentiment around Bitcoin [BTC] prices have increased considerably since the beginning of the year. While most analysts have confirmed that the Bottom on Bitcoin is in, they have also failed to confirm a bull run. Some have suggested that a pull-back to $4000-$4500 is possible while others expect a more extended accumulation period. Nevertheless,
The sentiment around Bitcoin [BTC] prices have increased considerably since the beginning of the year. While most analysts have confirmed that the Bottom on Bitcoin is in, they have also failed to confirm a bull run. Some have suggested that a pull-back to $4000-$4500 is possible while others expect a more extended accumulation period. Nevertheless,
Bitcoin pulled back to the ‘no-trade zone’ or ‘resistance zone’ as seemed to have pulled back from the break-away from the ascending triangle on 22nd April 2019 above $5600. While most traders believe with high probabilistic certainty that the ‘bottom is in’, the bears and bulls still seem to be in a tussle. The price
Bitcoin pulled back to the ‘no-trade zone’ or ‘resistance zone’ as seemed to have pulled back from the break-away from the ascending triangle on 22nd April 2019 above $5600. While most traders believe with high probabilistic certainty that the ‘bottom is in’, the bears and bulls still seem to be in a tussle. The price
Bitcoin breaks below the $5000 level as the bearish pressure continues to mount. While Euphoria has again gripped the market, Binance CEO, Changpeng Zhao, feels that the buying volume post the bullish candle on 2nd April on Bitcoin is indicative of the buying intentions that were waiting for BTC to make a move. Moreover, some
Bitcoin breaks below the $5000 level as the bearish pressure continues to mount. While Euphoria has again gripped the market, Binance CEO, Changpeng Zhao, feels that the buying volume post the bullish candle on 2nd April on Bitcoin is indicative of the buying intentions that were waiting for BTC to make a move. Moreover, some
Bitcoin created a frenzy early this morning on 2nd April as it broke past two resistance lines of $4,400 and $4,700 in single candle-stick with a high of $5106. The price action took place at around 5: 00 Hours UTC. While no fundamentals were backing the surge in price, various suggestions were brought including an April
Bitcoin created a frenzy early this morning on 2nd April as it broke past two resistance lines of $4,400 and $4,700 in single candle-stick with a high of $5106. The price action took place at around 5: 00 Hours UTC. While no fundamentals were backing the surge in price, various suggestions were brought including an April
