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The upcoming presidential election raises questions about what comes next for Bitcoin. Trump's victory could boost cryptocurrency markets significantly. Harris’s unclear stance on crypto may not...
Bitcoin has gained more than 15% over the last 2 weeks. Growing risk-on sentiment can continue to boost the crypto. 65k level remains a key local resistance. Looking for actionable trade ideas to...
In our previous update, see here, we found that: “Since our preferred analysis method is the Elliott Wave Principle (EWP), [Bitcoin’s (BTCUSD)] “sloppy” price action remains open to interpretation....
Bitcoin's momentum strengthens as it approaches crucial resistance levels. Ethereum shows signs of recovery, with key support and resistance levels in play Both cryptos face a pivotal weekend;...
Bitcoin resurfaced above $61k after Wednesday’s FOMC meeting. The price had already recovered from $58k to around $60k on Tuesday in anticipation of the first rate cut in over four years. The Fed...
In recent years, the rise of stablecoins has strongly transformed the landscape of digital finance, with over $170 billion of these digital assets now held globally, according to CoinGecko. Unlike...
The largest cryptocurrency, Bitcoin (BTC/USD), bottomed out on August 5 at $49,202, rallied overlappingly until the end of the month, and sits as of writing at around $56,644. An 15% gain in a month...
Like many others, the second-largest cryptocurrency, Ethereum (ETHUSD), bottomed on August 5 at $2121, rallied overlappingly until the end of the month, and sits today at around $2480. It's not the...
After surging, Bitcoin is currently hovering near a crucial resistance zone. A sustained move above this could reignite bullish momentum. While a drop below the 200-day moving average at $63,419...
Although in our previous update from late July, we were, correctly, looking for lower prices ($60+/-2K), we got more than we bargained for as prices reached $49K on August 5. Moreover, we...
Bitcoin shows signs of recovery after a sharp drop, forming a potentially bullish ascending triangle pattern. Despite resistance at $61,000, price action at higher levels suggests the possibility of...
Stocks have made a comeback, but Bitcoin has failed to follow suit. Could it be just a matter of time before it catches up to stocks? We'll take a look at the fundamental and technical factors to...
Bitcoin has broken below $60,000 this week after a sharp decline. As the negative outlook in Bitcoin persists, the cryptocurrency is trying to hold onto its short-term support. A drop below $57,300...
Like many others, the second-largest cryptocurrency, Ethereum (ETHUSD), topped out in March this year. It has lost almost 50% since. However, we must remember that ETHUSD bottomed out over two years...
Last week's market turmoil led Bitcoin and Ethereum to break below key support levels, turning those into resistance zones. Bitcoin faces resistance at $61,000-$62,000, with potential for further...