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The three major stock indexes in the U.S. – the S&P 500, Nasdaq, and the Dow Jones Industrial Average – have all notched new all-time highs this week.This rally is happening despite...
In our last update on Bitcoin, where we presented a forecast for 2024, we found that based on historical evidence, “BTC moved late November/early December from the Early-Bull phase into its...
Bitcoin dipped below the $40k psychological level as the flagship cryptocurrency started off a rocky week. The declines in Monday’s China and Hong Kong stock markets have...
Bitcoin chatter is rising again. With new ETFs coming to market, crypto investors are getting very bullish. Is this a good thing? Or is too much bullishness about to...
Cryptocurrency markets, previously anticipating Bitcoin ETF approval, now face selling pressure attributed to factors impacting Bitcoin and the broader crypto market. Persistent outflows from...
Bitcoin continues to consolidate as the market looks for a new catalyst. The strong U.S. December retail sales ruffled the market and its expectation that the Fed’s rate cuts will...
Bitcoin pulled back after hitting its two-year high as the first ever spot bitcoin ETFs in the U.S. started trading last Thursday. The price of bitcoin briefly recovered $49k on Thursday but...
Bitcoin broke the consolidation phase post-ETF approval, and now the spotlight turns to today's trading. The impact of spot Bitcoin ETF approval and global economic data is set to be felt. The crypto...
Regular readers know we primarily use the Elliott Wave Principle (EWP), to make prognostications on where Bitcoin (BTC) should ideally top and bottom. Besides, we track the 4-year cycle theory...
The crypto markets have begun the new year on a bullish note. Bitcoin's recent consolidation faced a setback amid reports hinting at a potential SEC rejection of spot ETFs. The crypto could leap...
Bitcoin kicked off the new year on a high, crossing the $45,000 mark for the first time since April 2022.For the first time in 21 months, Bitcoin’s price surpassed the $45,000 mark, riding on...
Bitcoin faced selling pressure throughout the week, experiencing a pullback from the $44,000 area and prompting a focus on its consolidation phase. The $42,700 level, acting as a pivot point, is...
In 2023, Bitcoin displayed a remarkable rebound, defying previous downturns. After a difficult 2022, it recovered and significantly increased in value, surging by 164% since the year’s start....
Bitcoin is in a consolidation phase in December, using the $42,700 average level as a pivotal point The significant surge in value fueled by spot ETF news in 2023 appears to have been absorbed by the...
A year ago, the Bitcoin price was sitting at $16,837. Over the following 12 months, the flagship cryptocurrency staged a 160% comeback. Several factors helped BTC orchestrate its impressive recovery,...