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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,...
Like the market in general, Bitcoin has notched a strong ending to 2023 after trading rangebound for most of the year. If today were the last day of 2023, the king of digital assets would have...
Two weeks ago, see here, we showed, by primarily using the Elliott Wave Principle (EWP), that a local top for Bitcoin was approaching and found, “Thus, W-3 should ideally reach around $39500,...
Over the last month, we have been anticipating a local top for ETH/USD at around ideally $2150-2330. On our previous update from two weeks ago, see here, we found by using the Elliott Wave Principle...
Bitcoin recently broke above its trading channel, surging to $44,000 and eventually finding support at $43,100 after a partial retracement. The 4-hour chart's Stochastic RSI suggests potentially...
Two weeks ago, see here, we showed, by using the Elliott Wave Principle (EWP), that a local top for Bitcoin was approaching and found, “[it] could thus have peaked for the green W-1, with W-2...
The Bitcoin price has continued to move in a sideways pattern for the past number of days, and this is despite the fact that we have seen the Fed dialing down their hawkish tone by a small margin....
November has seen notable developments for major Altcoins, with Ethereum, Avalanche, and Chainlink forming price squeeze patterns. Ethereum's symmetrical triangle suggests a potential breakout above...
This week, significant events in the crypto space garnered a surprisingly calm market response Initial panic subsided within 24 hours as the market digested a potential power shift in the...
After last week’s quick correction to sub-$35k level, bitcoin showed a sharp rebound to $38k. However, despite its solid fluctuation, the upside has been suppressed at the $38k...
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 …...
Despite Fed chair Powell’s comments on possible additional rate hike last Thursday, bitcoin continues to fluctuate around $37k. The wider financial market seems to hold optimism for...
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...
After a surprisingly dovish FOMC last week, bitcoin recorded a new 2023 high. However, the price was rejected at $36k and has been fluctuating around $35k. Fortunately, major altcoins...