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“# Price analysis 11/2: BTC, ETH, XRP, BCH, LINK, BNB, LTC, DOT, BSV, ADA ” Bitcoin is facing selling at the $14,000 mark and this has resulted in several cryptocurrencies dropping below their support levels. <p>China’s central bank governor Yi Gang has said that the nation’s digital yuan pilot projects have processed transactions worth over…
“# Ether price faces a potential 30% correction after failing to break $400 ” The cryptocurrency market momentum has swung back to Bitcoin (BTC) recently as BTC dominance and trading volumes have been climbing along with its price. In that regard, the primary altcoin indicator, Ether (ETH), has not been doing well as ETH/BTC has…
“# Top 5 cryptocurrencies to watch this week: BTC, BNB, ADA, BCH, LINK ” Bitcoin (BTC) has rallied about 90% year-to-date and has risen close to 191% from its March lows. The rise has been gradual without much fanfare, which suggests that crypto believers are the ones who have been buying in 2020. October’s monthly…
“# Price analysis 10/30: BTC, ETH, XRP, BCH, LINK, BNB, DOT, LTC, BSV, ADA ” Bitcoin’s consolidation near a key overhead resistance is a sign of strength but the technical structure of most altcoins has weakened. <p>Bitcoin’s (BTC) dominance has risen from about 56% in early September to above 63%. This suggests that the market…
“# Willy Woo: Signs that BTC is decoupling supports its ‘safe haven’ status ” Bitcoin (BTC) has started to decouple from the U.S. stock market index S&P 500 according to crypto statistician Willy Woo. First signs of de-coupling behaviour spotted between BTC and stocks. Buying from an influx of new users provides price support preventing…
“# Price analysis 10/28: BTC, ETH, XRP, BCH, LINK, BNB, DOT, LTC, BSV, ADA ” Altcoins took a serious hit as Bitcoin dropped below $13K today, meanwhile, BTC’s macrostructure remains bullish. <p>The equity markets across Europe closed deeply in the red and the U.S. markets are also witnessing intense selling pressure as <a rel=”nofollow noopener…
“# This is the last major hurdle before Bitcoin price can target $20,000 ” Bitcoin (BTC) price has been showing impressive strength in the previous weeks and today the price made a new 2020 high at $13,666. This momentum was made alongside weakness in the U.S. dollar and many analysts believe that as long as…
“# Price analysis 10/26: BTC, ETH, XRP, BCH, LINK, BNB, DOT, LTC, BSV, ADA ” Bitcoin and altcoins are showing signs of short-term exhaustion, meaning a few days of consolidation could occur. <p>Morgan Creek Digital co-founder Anthony Pompliano highlighted data from Santiment, which showed that the 30-day rolling correlation between Bitcoin (BTC) and the S&P…
“# Don’t expect another 2017-style altseason as Ethereum continues slump vs. Bitcoin ” While Bitcoin (BTC) is showing strength through new higher highs and making a new yearly high, Ethereum’s Ether (ETH) shows weakness, particularly the ETH/BTC pair. ETH weakness is also a clear indication that most altcoins are not showing strength either since they…
“# Top 5 cryptocurrencies to watch this week: BTC, ETH, XRP, LTC, XLM ” Bitcoin remains in an uptrend but is facing signs of exhaustion above $13,200, suggesting that a minor correction could drag altcoins lower. <p>Hot on the heels of Paypal’s crypto adoption, JPMorgan’s Global Markets Strategy division released a report detailing how Bitcoin…