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Forecasting Bitcoin price using quantitative models, Part 3
5.6.2021
To understand where the value of Bitcoin is headed, we need to study the adoption rate of cryptocurrencies in the world
Bitcoin drops below $36K as century-old financial model predicts big BTC crash
5.6.2021
A push to $40,000-$42,000 won't protect Bitcoin from risks of undergoing a major price decline later, suggests a century-old price prediction model created by technical analyst titan Richard Wyckoff
Ethereum options data shows traders' mixed opinions on ETH's future
4.6.2021
Data shows traders are buying $400 protective puts while also holding $7,000 call options, a signal that traders either have mixed emotions or are just cashing in on the upfront premium
Price analysis 6/4: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, ICP, BCH
4.6.2021
Continued selling at overhead resistance levels suggests that Bitcoin and altcoins could remain range-bound in the short term
Forget Elon, here's why Bitcoin traders should be watching the US Dollar Index instead
4.6.2021
The U.S. dollar index recorded its best daily performance in almost nine months just as the BTC/USD exchange rate fell following Elon Musk's cryptic tweet
Bitcoin bulls give 'conservative' 10 year estimate for hyperbitcoinization to hit
4.6.2021
A decade to hyperbitcoinization is "most likely," says Kraken executive Dan Held, a forecast echoed by Unchained Capital's Parker Lewis
CARDANO (ADA) Price Analysis: Will ADA Retest $2 Mark Soon?
4.6.2021
If there is a cryptocurrency that has completely dominated the price action by staying well above the historical 200 Day Moving Average, it’s Cardano, ADA. Our last Cardano price projection had ADA in a tight spot and within a short span of two weeks, Cardano has shown impeccable resolve...
Chainlink Price Insights Go Live on Avalanche Testnet
4.6.2021
Avalanche is on a roll as the network scored quick integrations, first with RenVM and now with Chainlink. Chainlink’s reasonable price feeds live on Avalanche’s testnet, offering high-quality, precise data to developers. The integration through Protofire, an Avalanche validator and well-known...
When will Elon Musk's influence on Bitcoin end?
4.6.2021
Even if the billionaire doesn't give up his new toy willingly, it may soon slip through his fingers anyway
Historically accurate Bitcoin metric nears the next 'potential' price peak
4.6.2021
Exciting action for the historically accurate metric lays the foundation for a new cycle to a price peak
Bitcoin Dips as Elon Musk Tweets Broken Heart Emoji
4.6.2021
The price of the leading cryptocurrency took a hit after billionaire Elon Musk mentioned Bitcoin in a new tweet hinting at a breakup. Musk’s latest crypto post, featuring a broken heart emoji and a reference to a Linkin Park song, effectively halted this week’s market rebound. Musk...
Filecoin ignores Elon Musk's Bitcoin FUD as FIL price rockets by 17%
4.6.2021
The token emerged as one of the top performers in the cryptocurrency market even as traders mass-dumped other assets
Can Polkadot (DOT) Really Outshine Ethereum?
4.6.2021
Launched in 2016 by Gavin Wood, who is popularly known for his contributions to developing the Ethereum network. Wood is even credited with developing the programming language of Ethereum, Solidity. Currently, Polkadot is run by the Web3 Foundation and improved by parity technologies. According...
Bloomberg report calls Bitcoin 'refreshed and discounted' as BTC price bounces at $36K
4.6.2021
BTC price action is already in recovery after a modest drop, and traders are favoring upside
Bitcoin price slumps $2K on Musk’s ‘in the end’ tweets
4.6.2021
Elon Musk continues playing with the crypto Twitter, causing more rage in the community
Crypto CFDs Are Popping Up Like Mushrooms – Here’s Why
4.6.2021
Thanks to its high volatility and price momentum, cryptocurrency is an increasingly popular asset class amongst retail day traders. CFDs that track price changes in major tokens make cryptos even more accessible for investors without the steep learning curve that traditionally accompanies...
Bitcoin Price Analysis: Is BTC Still Bullish?
4.6.2021
Bitcoin price dropped as low as $36250, approx 6% from its day high of $39291. This drastic drop down of price dented the week’s offset in the crypto sector after routing much in May. Bitcoin dragged down after a cryptic tweet from Tesla boss Elon Musk yet hinting at another big hew in...
Here’s 3 ways the relative strength index (RSI) can be used as a sell signal
3.6.2021
Bearish divergences and overbought conditions on the RSI are signals traders can look for when considering whether to close a position
‘Discounted’ Bitcoin more likely to hit $100K than $20K in 2021, says Bloomberg analyst
3.6.2021
“Bitcoin $20,000 or $100,000 in 2021? Crypto Trend Is Upward,” wrote Bloomberg senior commodity strategist Mike McGlone
AMC 'meme stock' frenzy may spill over to crypto as Bitcoin metric nears buy zone
3.6.2021
It could soon be a sea of green for Bitcoin and altcoins, sources argue, thanks to a convergence of data and the sheer power of memes