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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 start in March has...
Cryptocurrency markets are exhibiting a stable trend this week after the initial volatility at the start of 2024. Following the approval of the spot Bitcoin ETF last week, there was a general pullback...
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 it...
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...
SEC may officially approve applications today to allow spot bitcoin ETFs to be traded Meanwhile, the whales are accumulating Ethereum. Beware of too much euphoria on Bitcoin ETF news. Looking to beat...
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...
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,...
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...