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Three weeks ago, we showed Bitcoin (BTCUSD) continued to follow the fractal with the January 2021 correction, and based on our Elliott Wave Principle (EWP) analyses, we found that “… we...
Bitcoin kicked off the week with a bullish tone, hinting at potential upside momentum. A breakout from the symmetrical triangle pattern might ignite fresh bullish sentiment. However, a potential...
Digital asset investment products attracted $646 million in inflows last week, with Bitcoin receiving the lion's share. BTC saw its price jumped 4.5% to above $72,000 today.Digital assets witnessed a...
Bitcoin's consolidation continues amid a bearish outlook, but technical indicators hint at a possible shift in sentiment. Rising profit-taking expectations and dampened risk appetite have...
Bitcoin's rally paused recently as fund outflows from exchanges and ETFs soared. Since January, there's been a noticeable trend of funds exiting digital currency platforms, with the third-largest...
Unfortunately, it has been over two months since we last provided a public update on Ethereum (ETHUSD) when it was trading at around $2300; see here. Back then, we expected ETHUSD to correct to...
Kerrisdale Capital has recommended a unique investment strategy involving Bitcoin and MicroStrategy Incorporated (NASDAQ:MSTR) shares. The investment firm suggests going long on Bitcoin while shorting...
Bitcoin has struggled to overcome a very important price level for more than two years: the 1.618 Fibonacci extension level.This price area is especially important as it marked Bitcoin’s...
The stock market rally still demonstrates a lot of momentum, with the S&P 500 showing a year-to-date return of 7.11%. Furthermore, the market’s focus on the tech sector, with AI-related...
Amid the volatility in crypto markets, Bitcoin spent the week testing key support levels and reacting to macroeconomic data. This came after high US inflation in February triggered a sell-off in...
After a recent dip to $3,150, Ethereum swiftly recovered to the $3,300 region, eyeing resistance at $3,600 today. Resilient to recent selling pressure, Avalanche targets $53 as support and eyes a...
Despite recent volatility, analysts remain bullish on Bitcoin's long-term prospects, anticipating price recovery and sustained growth into 2024.In recent weeks, Bitcoin (BTC) has faced substantial...
Bitcoin has surged to record highs. We discuss the four factors pushing Bitcoin higher and analyze the cryptocurrency’s technicals.1. Bitcoin ETF ApprovalsIn January, the Security and Exchange...
Bitcoin faced intense selling pressure yesterday, with a nearly 10% drop amid record-high prices, reflecting growing apprehension in the market. Despite Bitcoin's recent bullish run, heightened...
Bitcoin's recent climb to new highs this week, following its breakout past November 2021's peak, has sparked optimism across the cryptocurrency market. Altcoins are experiencing significant surges...