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After briefly recovering $70k at the start of the week, bitcoin has been slowly slipping and testing the $67k support. With crucial U.S. inflation data coming up on Friday, the stronger-than-expected...
In our last update, we found using our Elliot Wave Principle (EWP) count that Ethereum (ETHUSD) was most likely gearing up for a rally: “…, we want to see a break above the grey W-i high, coinciding...
Ethereum's ETF approval has lifted the broader crypto market. Bitcoin is facing potential headwinds from Mt. Gox exchange transfers, but the long-term outlook remains bullish. Meanwhile, Ethereum is...
Bitcoin's rally stalled in May, finding support around $60,000 but struggling to break past $70,000 resistance. Bears are eyeing $65,000 as crucial support, a break below could retest the...
Ethereum has broken out of a downtrend and is now on the rise. SEC's ETF decision looms and we will discuss key levels to watch before trading the crypto. Positive news could propel the crypto...
Despite all-time highs in major US indexes and gold, Bitcoin is lagging behind. The Bitcoin to S&P 500 ratio has been in bearish consolidation, indicating a divergence between the stock market...
Bitcoin’s price touched the $65,000 barrier, trading at $64,961.60 as of 11:38 AM ET on May 15, 2024, representing a over 5% increase over the past 24 hours.The cryptocurrency’s upward...
Three weeks ago, we showed Bitcoin (BTCUSD) was forming a Bull flag, and based on our Elliott Wave Principle (EWP) analyses, we found that, “…BTCUSD should now be wrapping up the final...
Franklin Templeton, a major investment management firm, sees Solana challenging for the third position among cryptocurrencies. Despite the collapse of its main investor and scalability issues,...
Bitcoin whales continue to accumulate after the post-halving dip, signaling bullish sentiment. Traders advised to monitor $60,000 support level.In a pivotal moment for the cryptocurrency market,...
Crypto markets plunged in April, with Bitcoin leading the decline. BNB held stronger than others, currently consolidating between $550 and $650. Memecoin PEPE corrected after its surge, now eyeing a...
Bitcoin recently experienced a sharp decline after reaching an all-time high in March. Factors such as reduced demand, increased miner selling, and bearish market sentiment contributed to the...
Bitcoin has been consolidating around $63,000 despite broader market declines. But, the double-top pattern and struggle to get back above $70k raises concerns of a correction. Critical support levels,...
In our last update, we found using our Elliot Wave Principle (EWP) count that Ethereum (ETHUSD) was in the final phase of its correction: “Otherwise, we continue to view Ethereum in …...
Cryptocurrency markets have experienced a downturn post-Bitcoin halving, marked by lower trading volumes. Ethereum and Solana are struggling to break key resistance levels at $3,200 and $150,...