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Bitcoin, Ethereum Technical Analysis: BTC, ETH Lower, Ahead of Key Week of US Economic Data
31.1.2023
Bitcoin fell below $23,000 on Jan. 31, following a recent move to a five-month high over the weekend. Market volatility has since increased, as traders prepare for a big few days of economic data from the United States. The conference board will release its consumer confidence report later today...
Biggest Movers: MATIC Retreats From 12-Week High on Monday
30.1.2023
Polygon retreated from a multi-month high to start the week, as traders moved in to secure recent gains. Chainlink also moved lower, as prices were unable to break out of a key resistance level. Market sentiment in cryptocurrencies shifted today, with the global market cap trading 2.11% lower as...
Bitcoin, Ethereum Technical Analysis: BTC Nears $24,000 Following Weekend Rally
30.1.2023
Bitcoin started the week trading near a five-month high, as prices consolidated the weekend’s gains. Prices rose close to $24,000 on Sunday, following a breakout of a key resistance level. Ethereum fell back below $1,600 on Monday, after moving to a one-week high during yesterday’s...
Biggest Movers: MATIC Nears 3-Month High, as LINK Extends Recent Gains
27.1.2023
Polygon rose to its highest level since early November on Friday, as markets reacted to the latest U.S. consumer sentiment data. Sentiment rose to 64.9 in January, up from a reading of 59.7 in December. Chainlink also surged in today’s session, hitting its strongest point in nearly two months....
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Ahead of US Consumer Sentiment Data
27.1.2023
Bitcoin consolidated on Friday, as traders prepared for the release of the upcoming consumer sentiment figures from the United States. Following a move to a five-month high on Thursday, prices were once again below $23,000. Ethereum also slipped, moving below $1,600 in the process. Bitcoin Bitcoin...
Bitcoin, Ethereum Technical Analysis: BTC Back Above $23,000 Following Tesla Q4 Earnings Report
26.1.2023
Bitcoin rallied back above $23,000 on Thursday, following the release of Tesla’s quarterly earnings report. The report showed that Tesla was holding 9,720 bitcoin, worth $223 million. Ethereum was also higher, as prices were back above $1,600, rebounding from recent losses in the process....
Biggest Movers: AVAX Hits Multi-Month Peak, as MATIC Jumps to 1-Week High
24.1.2023
Avalanche moved to a multi-month high on Jan. 24, after reports that the number of bitcoin on its network rose to 5,493. The news saw the token surge by nearly 5% today, rising for a third straight session in the process. Polygon also moved higher on Tuesday, hitting a one-week high. Avalanche...
Biggest Movers: XRP Jumps to 3-Month High as Crypto Markets Consolidate on Monday
23.1.2023
Xrp moved to a multi-month high on Jan. 23, as market optimism grew regarding a lawsuit between Ripple and the United States Securities and Exchange Commission (SEC). Following comments last week from Ripple CEO Brad Garlinghouse, many have bought the token in anticipation of the lawsuit ending...
Bitcoin, Ethereum Technical Analysis: BTC Moves to 5-Month High, as ETH Nears $1,700
21.1.2023
Bitcoin surged to a five-month high to start the weekend, as bullish sentiment returned to cryptocurrency markets. Prices of the world’s largest digital currency rose above $23,000, rebounding from a recent drop towards $20,000. Ethereum also rallied, as it hit its strongest point since...
Dead cat bounce? Bitcoin price nears $23,000 in fresh 5-month high
21.1.2023
Bitcoin is not far from reclaiming its 200-week moving average, but traders are still highly suspicious of the bullish BTC price action
Bitcoin Soars Over $22K to Reach Four-Month High
20.1.2023
Bitcoin rose over 5% and reached its highest level since mid-September. Market watchers will be eyeing the Federal Reserve’s next utterances
Bitcoin Supply in Profit Metric Hits 4-month High – What This Means for BTC Price
20.1.2023
A 30-day Exponential Moving Average of the number of Bitcoins that are “in profit” – i.e. were acquired at a time when the BTC price was lower – hit a 2-month high on the 19th of January, according to crypto data and on-chain analytics firm Glassnode.
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Bitcoin crowd sentiment hit multi-month high as BTC price touches $21K
19.1.2023
The bullish market sentiment aided by the price rebound has also let many analysts believe that the Bitcoin price bottom is in
Biggest Movers: SHIB Surges to Fresh 2-Month High on Wednesday
18.1.2023
Shiba inu surged to a multi-month high on Wednesday, as the meme coin collided with a key price ceiling. Prices rose by as much as 17% in today’s session, as the global cryptocurrency market cap also trended higher. Polkadot was once again in the green, with the token hovering close to a two-month...
Bitcoin Tumbles From Multi-Month High on DOJ Worry, Hawkish Fed
18.1.2023
Bitcoin has slumped back to $20,880 just hours after surging to a four-month high of $21,550
Bitcoin sees new 4-month high as US PPI, retail data posts 'big misses'
18.1.2023
A further boost to crypto markets precedes the Wall Street open, but order books are warning of "fading" upside
Bitcoin Transactions Surge to 21 Month High – What This Means For BTC Price
17.1.2023
The number of transactions recorded on the Bitcoin blockchain jumped to nearly 300,000 on Saturday the 14 of January, its highest level since April 2021, according to data from crypto analytics firm Glassnode. Just a few weeks ago, daily transactions had been as low as 240,000....
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Biggest Movers: SOL, SHIB Remain Near Multi-Month Highs, Despite Market Consolidation
16.1.2023
Solana started the week trading near a two-month high, as momentum remained marginally bullish, despite market consolidation. The global cryptocurrency market cap is currently trading 0.98% higher as of writing. Shiba inu also traded close to recent highs, despite declines on Monday. Solana (SOL)...
Biggest Movers: SHIB Hits 6-Week High, Whilst SOL Extends Recent Gains
14.1.2023
Solana surged by as much as 30% on Saturday, setting a fresh multi-month high in the process. The move comes as cryptocurrency markets were significantly bullish to start the weekend, with the global market cap 8.28% higher as of writing. Shiba inu was trading at its strongest point since November....
Bitcoin Price Takes Breather at $21k Two Month High - Is $30k by End of Month Possible?
14.1.2023
Bitcoin price is extending the week-long rally that has seen it blast past $20,000 for the first time since early November. Bulls have $24,000 in sight, but first, they must disperse the stubborn seller congestion zone at $21,000.
Over the last two weeks, Bitcoin price has disapproved calls...