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Does Bitcoin's Weekly Death Cross Pattern Call for Caution?
6.3.2023
The death cross formed on the weekly timeframe makes for a cautious view of the near-term outlook, one observer said, while another called it a non-event
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Recent Losses to Start the Weekend
4.3.2023
Bitcoin consolidated recent losses on March 4, as cryptocurrency markets marginally stabilized from Friday’s sell-off. Prices plunged to a two-week low in yesterday’s session, however sentiment has somewhat shifted. Ethereum also recovered, moving back into the green to start...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit Multi-Week Low, as Silvergate Uncertainty Spooks Markets
3.3.2023
Bitcoin dropped to a two-week low on Friday, as crypto markets continued to react to the uncertainty surrounding Silvergate. The solvency of the bank has been put into question, with Binance, Coinbase and other exchanges moving to halt transactions. Ethereum also edged lower, falling below $1,600...
Bitcoin, Ethereum Technical Analysis: BTC Edges Lower, as US Manufacturing Sector Contracts
2.3.2023
Bitcoin fell into the red on March 2, as markets reacted to further negative data from the United States. The nation’s manufacturing sector contracted for a fourth straight month in February, which comes as consumer confidence also fell last month. Ethereum was also lower, retreating from...
Biggest Movers: LTC Hits 9-Day High, While MATIC Snaps Recent Losses
1.3.2023
Litecoin surged to a nine-day high to start the month, breaking out of a recent resistance point in the process. The token climbed past the $95.00 level, as bulls made a run for the $100.00 mark. Polygon also snapped a recent losing streak, by bouncing from a key support point. Litecoin (LTC)...
Bitcoin, Ethereum Technical Analysis: BTC Rebounds, Following Decline in US Consumer Confidence
1.3.2023
Bitcoin rebounded on March 1, as markets reacted to the latest consumer confidence report from the United States. Confidence slipped last month, which appears to be a sign that higher rates are starting to take effect. Ethereum also moved higher on Wednesday, as prices moved above $1.650. Bitcoin...
Bitcoin Risks Deeper Pullback Toward $20K: Chart Analysts
28.2.2023
"We shift to a bearish short-term bias," one analyst said, noting bitcoin's recent technical failure at key resistance
Bitcoin, Ethereum Technical Analysis: BTC, ETH Slip Ahead of US Consumer Confidence Report
28.2.2023
Bitcoin and ethereum were trading lower on Feb. 28, as markets anticipated the release of the upcoming U.S. consumer confidence report. The data, which is for February, is expected to show a slight increase in confidence for the month. This will likely result in the Federal Reserve maintaining...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Ahead of Big Week of Economic Data
27.2.2023
Bitcoin consolidated below the $24,000 level on Feb. 27, as cryptocurrency markets prepared for a big week of economic data. Durable goods orders from the United States will be released later today, with consumer confidence figures set for Tuesday. Ethereum rose back above $1,600, following...
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $24,000 Ahead of US Consumer Sentiment Data
24.2.2023
Bitcoin fell back below $24,000 on Feb. 24, as markets anticipated the release of the upcoming consumer sentiment figures from the United States. The report from the University of Michigan is expected to show an increase in confidence, despite current inflationary pressures. Ethereum marginally...
'Stupid money' Ethereum investor loses over $2M in six months — 3 lessons to learn
23.2.2023
How can traders learn from common investment mistakes and reduce their market risks accordingly?
Bitcoin, Ethereum Technical Analysis: ETH, BTC Rebound Following Fed Minutes
23.2.2023
Ethereum rebounded on Feb. 23, as markets reacted to the latest Federal Open Market Committee (FOMC) minutes. The minutes showed that the Fed hinted at maintaining its current policy until further signs that inflation is “substantially” slowing. Bitcoin was also higher, as it rose...
Bitcoin Stuck in Bearish Elliott Wave Pattern Despite 47% Rally, QCP Capital Says
23.2.2023
In wave theory, market trends unfold in five waves, three of which represent the primary trend and the other two mark partial retracements within the primary trend. Bitcoin's year-to-date rally seems to be a retracement wave ahead of the final leg lower, QCP Capital said
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $24,000 Ahead of FOMC Minutes
22.2.2023
Bitcoin extended recent declines on Feb. 22, as markets prepared for the release of the latest Federal Open Market Committee (FOMC) minutes. Following a recent move to a multi-month high, prices have slipped, with traders instead protecting profits. Ethereum has also declined, however remains above...
Bitcoin can hit $40K before BTC price sees 'harsh correction' — analyst
21.2.2023
BTC price action heads lower on the day, but strength is still there beyond the short term, says Michaël van de Poppe
Bitcoin, Ethereum Technical Analysis: BTC Consolidates on Tuesday, Following 8-Month High
21.2.2023
Bitcoin retreated from earlier highs during Tuesday’s session, as sentiment shifted following a move to a multi-month high. Prices surged to their highest point since last August earlier in the day, prior to a red wave sweeping through the market. Ethereum has also dropped, falling below...
Bitcoin, Ethereum Technical Analysis: Bitcoin Hits $25,000, Following Moving Average ‘Death’ Cross
20.2.2023
Bitcoin was hovering close to $25,000 on Feb. 20, as cryptocurrency markets traded close to recent highs. Markets started the week partially in the green, ahead of a key week of economic data. The United States FOMC (Federal Open Market Committee) will release its latest minutes on Wednesday...
Ethereum's deflation accelerates as Shanghai upgrade looms — Can ETH price avoid a 30% drop?
20.2.2023
A deflationary Ethereum supply does not necessarily mean a bullish market for ETH, at least in the near term
A 'snap back' to $20K? 5 things to know in Bitcoin this week
20.2.2023
Bitcoin is seeing split opinions as major $25,000 resistance combines with early signs that all is not well with the BTC price rally
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,700, as Markets Rebound on Saturday
18.2.2023
Ethereum was once again trading above $1,700 to start the weekend, as cryptocurrencies rebounded from Friday’s decline. The global crypto market cap rallied in today’s session, as bulls moved to buy yesterday’s dip. Bitcoin was also back in the green, with prices nearing...