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“# 3 key on-chain metrics suggest Ethereum price is in a 2017-style bull run ” Ether (ETH) price is currently ranging between $440 and $470, which is similar to the price action seen in December 2017. Back then, the scenario ended up being incredibly bullish, and the altcoin quickly rocketed toward $1,400. Fast forward to…
“# Price analysis 11/16: BTC, ETH, XRP, LINK, BCH, LTC, BNB, DOT, ADA, BSV ” As Bitcoin (BTC) continues to rally to a new 2020 high above $16,700, traders are pondering whether this is the start of a new bull market. Mike McGlone, senior commodities strategist at Bloomberg Intelligence, believes that the main hurdle is…
“# Top 5 cryptocurrencies to watch this week: BTC, ETH, XRP, XMR, UNI ” Bitcoin (BTC) has long been touted as digital gold by crypto enthusiasts. Now as the digital asset faces its first economic crisis since its birth, Bitcoin has validated the narrative and outperformed gold by a large margin in 2020. This suggests…
“# Price analysis 11/13: BTC, ETH, XRP, LINK, BCH, LTC, BNB, DOT, ADA, BSV ” Data shows that Bitcoin’s (BTC) current rally is supported by greater participation from retail and institutional investors. The CME Bitcoin futures open interest has moved closer to the previous all-time high, a sign that institutional investors are becoming more interested…
“# Keep dreaming! Options data suggests $560 Ethereum price won’t happen ” This week, Bitcoin (BTC) and Ether (ETH) prices reached new highs as a slew of bullish news continued to pump investors’ hope that the next crypto-bull market will mirror the one seen in 2017. Many novice traders simply follow spot prices on the…
“# Price analysis 11/11: BTC, ETH, XRP, LINK, BCH, BNB, DOT, LTC, ADA, BSV ” Bitcoin and several altcoins are showing signs of breaking above their overhead resistance levels, which suggests bulls remain in control. <p>Billionaire investor Stanley Druckenmiller became the latest famous name to disclose a Bitcoin position. Although Druckenmiller did not specify the…
“# Did Ethereum just bottom vs. Bitcoin? This is the last big hurdle before $600 ” All eyes have been on Bitcoin price in recent weeks as the world’s biggest cryptocurrency rallied by more than 60% in a matter of weeks. However, the focus may soon shift to Ethereum’s Ether (ETH) as it approaches the…
“# Sideways Bitcoin price allows DeFi, Ethereum, and altcoins to rally higher ” For the past two days, Bitcoin price has traded within the $14,800 to $15,500 range but the top-digital asset struggled to flip $15,500 to support. A positive is BTC continues to make higher lows and at the time of writing the price…
“# Price analysis 11/9: BTC, ETH, XRP, BCH, LINK, BNB, LTC, DOT, ADA, BSV ” Bitcoin price is recovering well from its 6% drop to $14,800 but top altcoins are slow to follow. <p>Professional traders are often perceived to be the smartest as they weigh the risks before investing in an asset class. Opposite to…
“# Top 5 cryptocurrencies to watch this week: BTC, ETH, LINK, LEO, XEM ” Select altcoins are moving higher as Bitcoin prepares for a renewed push to $16,000 <p>This week Bitcoin (BTC) price nearly hit a new multi-year high at $16,000 and legendary investor Bill Miller told CNBC that the law of <a rel=”nofollow noopener…