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Bitcoin, Ether Could Face Risks From Potential Short Squeeze in Dollar Index, QCP Capital Says
3.5.2023
The U.S. dollar has been heavily shorted since early October in hopes for a so-called dovish Fed pivot and looks ripe for a short squeeze, a move higher driven by unwinding of bearish positions. Bitcoin tends to move in the opposite direction of the dollar
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $28,000 Ahead of FOMC Decision
2.5.2023
Bitcoin fell below the $28,000 level on Tuesday, as markets continued to prepare for tomorrow’s Federal Reserve interest rate decision. The Fed is expected to increase rates by 0.25%, despite the U.S. economy slowing down. Ethereum also remained lower, moving close to a breakout below...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Start Week Lower, Ahead of Key Economic Events
1.5.2023
Bitcoin started the week trading in the red, as markets prepared for an important week of U.S. economic events. On Wednesday, the Federal Reserve is expected to increase rates by 25 basis points, with nonfarm payrolls for April being released this coming Friday. Ethereum was also lower...
Just Bitcoin or diversify? 5 cryptocurrencies to watch in the next few days
30.4.2023
If Bitcoin price breaks above $30,000, several altcoins such as SOL, ATOM, ICP and HBAR are well-positioned for a rally of their own
Is It Too Late to Buy Ethereum? Crypto Whales are Accumulating These New Crypto Projects Instead
28.4.2023
Ethereum (ETH) has been making headlines with its dramatic price fluctuations recentlyc, leaving investors and traders on the edge of their seats.
As the crypto giant navigates through periods of volatility and uncertainty, market participants are closely monitoring its performance to determine...
Best Crypto to Buy Now 27 April – MultiversX, Conflux, Cardano
27.4.2023
The cryptocurrency market is currently experiencing a puzzling episode as the crypto total market cap underwent a sharp decline of $100 billion on Wednesday, only to witness a swift recovery.
The leading cryptocurrency, Bitcoin, saw its value dip to a low of $27,000, while Ethereum fell to $1,700....
Is It Too Late to Buy Ethereum? This New Project May Be a Better Investment
26.4.2023
Ethereum—the second-largest cryptocurrency by market capitalization—has recently weathered a three-day breakdown from April 19 to 21, leaving market watchers on edge.
During this period of uncertainty, Ethereum's trajectory appeared to stall, moving sideways while cautiously maintaining...
As Crypto Grows, so Does CoinDesk’s Commitment to Keeping Pace
26.4.2023
A new CoinDesk tool called the Bitcoin Trend Indicator can help traders spot where BTC is headed
Bitcoin, Ethereum Technical Analysis: BTC Moves Back Above $29,000, After Customers Withdraw $100 Billion From First Republic Bank
26.4.2023
Bitcoin was back above $29,000 on Wednesday, as markets continued to react to concerns over First Republic Bank. It was reported that customers withdrew around $100 billion in deposits from First Republic in March. Ethereum was also higher on the news, climbing back above $1,900. Bitcoin Bitcoin...
Bitcoin, Ethereum Technical Analysis: BTC Falls to $27,000 Ahead of US Consumer Confidence Report
25.4.2023
Bitcoin remained close to a four-week low on Tuesday, as prices fell to a support point around $27,000. The decline came ahead of this afternoon’s U.S. consumer confidence report, which is expected to fall from 104.2, to a reading of 104 in April. Ethereum was also lower, and approached...
Bitcoin's 50-Day Moving Average in Focus for Crypto Analysts After 11% Price Pullback
25.4.2023
A break below the average would call into question the bull market's strength, one analyst said
Bitcoin, Ethereum Technical Analysis: BTC on Brink of ‘Death Cross’ on Moving Average Trendline
24.4.2023
Bitcoin started the week on the brink of a downwards crossover of two key moving average trend lines, which could signal an upcoming price drop. The 10-day and 25-day moving average look set to cross, potentially leading to a breakout of the $27,000 level. Ethereum is trading above a floor...
Bitcoin, Ethereum Technical Analysis: ETH Falls Under the $1,900 Level to Start the Weekend
22.4.2023
Ethereum started the weekend trading below $1,900 for the first time in two weeks, as cryptocurrency markets continued to fall. The global market cap is down by close to 3% at the time of writing this. Bitcoin was also in red, as it moved closer to $27,000. Bitcoin Bitcoin (BTC) was in the red...
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $28,000 as Losses Intensify
21.4.2023
Bitcoin’s downturn continued on Friday, as prices fell for a third consecutive session, leading to a move below $28,000. Market sentiment has shifted in recent days, as traders began taking profits from last week’s high. Ethereum was also lower, and is now trading around the $1,900...
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $29,000, Hitting a 10-Day Low
20.4.2023
Bitcoin dropped for a second consecutive session on Thursday, as price moved towards a key point of support. Today’s sell-off has sent the cryptocurrency below $29,000, with the coin now trading at a ten-day low. Ethereum fell to a one-week low in today’s session. Bitcoin Bitcoin...
Bitcoin, Ethereum Technical Analysis: BTC Nears Breakout Below $29,000 on Wednesday
19.4.2023
Bitcoin fell to a one-week low on Apr. 19, as markets moved into consolidation following a recent bull run. Following today’s red wave, prices neared a breakout below the $29,000 level earlier in the session. Ethereum also declined, falling below $2,000. Bitcoin Bitcoin (BTC) moved lower...
Best Crypto to Buy Now 18 April – RNDR, INJ, MANA
19.4.2023
Bitcoin has managed to climb back to the $30,000 level following a 24-hour low of $29,100, signaling what many crypto traders hope is a continued uptrend that may solidify a wider bull market trend in the crypto markets.
The leading cryptocurrency is sitting at a 2.82% increase in the past...
Bitcoin, Ethereum Technical Analysis: ETH Back Above $2,100, as BTC Rebounds From 1-Week Low
18.4.2023
Ethereum moved back above $2,100 on Tuesday, as markets reacted to the latest gross domestic product (GDP) report from China. Chinese GDP rose by 4.5% during the first quarter of the year, higher than the 4% expected. Bitcoin rebounded from earlier losses. Bitcoin Bitcoin (BTC) rebounded from...
Top Crypto Gainers Today 17 April – Casper, Injective Protocol, Rocket Pool
18.4.2023
The cryptocurrency market is currently facing a challenge as it tries to hold on to the momentum it gained after reaching key price milestones last week.
Bitcoin and other cryptocurrencies have experienced a decline so far today, leaving the market anticipating its next major development....
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $30,000 on Monday, as US Dollar Rallies
17.4.2023
Bitcoin started the week trading below $30,000, as the U.S. dollar strengthened during Monday’s session. USD/JPY rose to a one-month high, with the greenback also gaining against the euro and British pound. Ethereum was also lower, falling below $2,100. Bitcoin Bitcoin (BTC) dropped below...