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“# Price analysis 9/6: BTC, ETH, ADA, BNB, XRP, SOL, DOGE, DOT, UNI, LINK ” Bitcoin’s (BTC) market capitalization is nearing the $1 trillion mark and several altcoins have also been rallying hard in the past few days. This has driven the Crypto Fear and Greed Index into the extreme greed territory where the range…
“# These 3 altcoins mooned as Bitcoin price rallied to $52,000 ” The wider cryptocurrency market is showing signs of strength on Sep. 6 as Bitcoin (BTC) bulls battle for control at the $51,500 level. Altcoins have benefited from Bitcoin’s strong showing with many seeing gains in excess of 20% and the Altseason Indicator from…
“# LINK price locks in 36% gains following Ethereum layer-2’s Chainlink integration ” Chainlink (LINK) emerged as one of the best cryptocurrency performers on Sep. 6 as it jumped 8.25% against the U.S. dollar. In detail, the LINK/USD exchange rate reached $36.35 for the first time since May 20, months after bottoming out near $13.45,…
“# VORTECS™ Report: This quant-style indicator alerted traders to 3 out of 4 triple-digit rallies this week ” Cointelegraph’s Markets Pro data intelligence service, which offers institutional-grade research tools for crypto traders, has shared the latest weekly VORTECS™ Report with its community of subscribers. The full report, available only to subscribers, presents the past week’s…
“# Bitcoin preserves $51K — Here are the BTC price levels to watch ” Bitcoin (BTC) began testing new support levels on Monday after an overnight rally paused at $52,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: Bitcoin needs to keep $47,000 to avoid “breakdown” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD…
“# FTX Token hits new record up 50% so far in September — What’s driving FTT price higher? ” FTX crypto exchange’s native utility token, FTT, reached a new record high on Monday a week after it agreed to acquire LedgerX, a United States-based crypto derivative platform, for an undisclosed sum. On Monday, the FTT/USD…
“# BTC becomes legal tender in El Salvador: 5 things to watch in Bitcoin this week ” Bitcoin (BTC) starts a new week in a new price range above $51,000 — has it beaten crucial resistance? After the weekend turned from sideways to surge for BTC price action, bulls are now targeting $54,000 and higher….
“# Top 5 cryptocurrencies to watch this week: BTC, LTC, FIL, FTT, MIOTA ” Bitcoin (BTC) is struggling to sustain above $50,500 but that has not stopped the altcoins from following in Ether’s (ETH) footsteps after the top-ranked altcoin hit $4,000 on Sept. 3. This has pushed Ether’s market dominance above 20% while Bitcoin’s dominance…
“# ‘Conservative’ BTC supply shock metric now says Bitcoin should cost at least $55K ” Bitcoin (BTC) should cost at least $55,000 per coin according to one metric measuring its so-called “supply shock.” In a tweet on Sep. 5, analyst Willy Woo highlighted what he added is a “conservative” price estimate for BTC/USD. Bitcoin price…
“# Traders know not to ‘go long’ when this classic trading pattern shows up ” Buying an asset in a downtrend can be a risky maneuver because most investors struggle to spot reversals and as the trend deepens traders take on deep losses. In instances like these, being able to spot descending channel patterns can…