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Last week, see here, we showed, by using the Elliott Wave Principle (EWP), that a local top for Bitcoin was approaching and found, “it is still wrapping up the … green W-1, which …...
Bitcoin has broken the critical resistance at $36,500 and set sights on $40,000 Ethereum is testing the $1,900 resistance; breakout could lead to a target of $2,200 - $2,400 Meanwhile, Ripple aims to...
Although we have been providing regular updates on Bitcoin (BitfinexUSD), as it is in a clear Bull run, we have not done so on Ethereum. Our last update was exactly three months ago: see here, but...
Bitcoin/Gold ratio has just hit $18/oz, the highest since May 2022, when the ratio began crashing as the Fed began the first of 75-bp hikes. Returning to the level prior to the ratio plunge is...
Is It Time to Question the Party? Lots of resistance ahead in Bitcoin. Original Post
In our last update, see here, Bitcoin was trading at $31000 and we found, “It has moved steadily higher and should now be in grey W-iii of green W-1. Moreover, in early October, BTC broke out...
Bitcoin recently faced significant resistance after the Federal Reserve's interest rate decision but saw short-term gains due to increased risk appetite. The cryptocurrency is currently within a...
As Powell's press conference drove down bond yields on his statement about the upcoming tightening of conditions (reducing the need for further hikes), Bitcoin rallied higher alongside equities. Now...
It’s not a matter of if, but when.I’m talking, of course, about the long-awaited approval of a U.S.-based spot Bitcoin exchange-traded fund (ETF). Analysts at Bloomberg Intelligence now...
Bitcoin remains in a pivotal price range around $34,000, with an upcoming Fed decision likely to influence its next move. Ethereum has upward momentum, breaking resistance levels, and its trajectory...
Bitcoin finally breaks 16oz of gold. What is next?
Cryptocurrency markets have been revived by Bitcoin's surge to $35,000 Altcoins like Solana, Ripple, Chainlink, and Dogecoin have joined the rally Solana is targeting $40, as Ripple moves above $0.55,...
Bitcoin has reached its highest level since May 2022 Rumors regarding a new ETF have been the reason behind the cryptocurrency's steep surge Is the price surge sustainable for the crypto or is it...
What is it about Bitcoin and these October dates? Bitcoin soared in October 2020 on the news that PayPal (NASDAQ:PYPL) will accept BTC. October 2021 and 2023 were related to the ETF (see the Chart...
Bitcoin hits $31,000, highest levels since July Michael Saylor’s MicroStrategy Bitcoin position turns positive (average $29,582 purchase price) Major bond market yield reversal keeps cryptos...