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Dogecoin Pulls Back as These Indicators Signal Conditions Overbought – But Here’s Why the DOGE Outlook Remains Strong
26.7.2023
After surging more than 10% on Tuesday, its biggest one-day gains since early April, Dogecoin (DOGE) has succumbed to profit-taking on Wednesday and was last trading around 3.5% lower.
Dogecoin hit its highest level since April on Tuesday around $0.084 as traders bid the meme coin up on hopes...
As Bitcoin (BTC) Remains Stuck Below $29,000, These 9 Indicators Suggest the Bull Market Remains Alive and Well
25.7.2023
Bitcoin (BTC) remains stuck to the south of the $29,000 level amid a lack of fresh positive catalyst to sustain the bullish momentum that saw it hit fresh yearly highs around $31,800 earlier this month.
The cryptocurrency is for now holding to the north of its 50-Day Moving Average at $29,100...
Bitcoin Traders Cautious Despite Spot ETF Optimism, Leverage Indicators Suggest
24.7.2023
The spot market is in the driver's seat as perpetual futures open interest to market cap ratio remains low, one observer said
Experts Warn of Impending Recession in the US as Survey Reveals 59% Chance by July 2024
14.7.2023
A recently published survey by Bankrate reveals that there is a 3-in-5 likelihood of a recession occurring in the United States within the next year. Bankrate’s survey of economists firmly indicates that the chances of a recession taking place in the U.S. are greater than the chances of...
Former SEC Official Predicts Impending DOJ Indictment Against Binance
12.6.2023
Former Securities and Exchange Commission (SEC) official John Reed Stark said on Sunday via Twitter that he believes the U.S. Department of Justice (DOJ) has filed or will file a criminal indictment related to Binance. Stark, who draws from his experience in the SEC Enforcement Division, pointed...
Bitcoin Will Probably Retest $25K But Bears Beware, On-chain Indicators Suggest BTC Price in Early-Stage Bull Market
11.5.2023
Bitcoin (BTC)’s short-term technical outlook is not looking good.
The world’s first and largest cryptocurrency by market capitalization has now pulled more than 13% lower versus the yearly highs it printed back in April to the north of the $31,000 level.
In doing so, it has fallen convincingly...
Will $28K Bitcoin price hold? Two indicators remain solid despite 5% pullback
1.5.2023
BTC margin markets and futures’ long-to-short indicator show professional traders unwilling to bet on Bitcoin's price dropping
‘Not the Right Time to Stop’ Rate Hikes, ECB Chief Economist Says
27.4.2023
Current indicators suggest the European Central Bank (ECB) should raise the interest rate in May, the monetary authority’s chief economist said. Future increases will depend on the economic data but this is still not the right time to stop, according to Philip Lane who believes the bank has...
Bitcoin Price Prediction as Market Indicators Point to a Positive Outlook Despite Recent Dip – Time to Buy?
8.4.2023
Recent market trends are pointing towards a positive outlook for Bitcoin's price, causing investors to consider if this is the right moment to invest in them, even after the dip. Taking into account the current analysis and projections, it is possible to roughly gauge how cryptocurrency may fare...
How does the economy work?
26.3.2023
The economy is a system of producing and exchanging goods and services in a society
Federal Reserve Hikes Rate by 25bps to Keep Inflation at Bay, Aims for 2% Inflation Rate by 2025
22.3.2023
Following the fallout over the past two weeks in the U.S. banking industry, the Federal Reserve raised the federal funds rate by 25 basis points (bps) on Wednesday, citing the need for the inflation rate to return to 2% over the long run. Fed Raises Rate Despite Calamity in the U.S. Banking Sector...
On-chain Indicators Scream Bitcoin Bull Market as the BTC Price Roars Back
15.3.2023
Bitcoin’s latest resurgence, which saw the world’s largest cryptocurrency by market capitalization hit a new nine-month high in the mid-$26,000s on Tuesday, has been accompanied by a number of key technical and on-chain indicators roaring back to health and once again send a bullish...
Bitcoin Begins Bull Market? These Eight Key Indicators All Just Turned Green for the First Time Since Early 2021
17.2.2023
Earlier this week, eight out of eight key on-chain and technical indicators tracked by crypto analytics firm Glassnode’s “Recovering from a Bitcoin Bear” just signaled that the next Bitcoin bull market might be here. That was the first time that all eight indicators had been flashing a BTC...
3 technical analysis strategies that help confirm winning trades
14.2.2023
A combination of RSI, Bollinger Bands and MACD indicators can help investors confirm winning trades
Bitcoin price more correlated to FTX developments than macro events: Research
10.2.2023
While inflation has an effect on the price of Bitcoin, researchers were bewildered by bitcoins resilience to other macroeconomic factors
Seven Out of Eight Key On-chain Indicators Signal the Bitcoin Bull Market is Here
2.2.2023
Seven out of eight key on-chain and technical indicators tracked by crypto analytics firm Glassnode’s “Recovering from a Bitcoin Bear” are now signaling that the next Bitcoin bull market might be here. Glassnode analysts utilize the dashboard to gauge whether Bitcoin might be in the process...
London Crowned World’s Leading Cryptocurrency Hub, According to Study
2.2.2023
According to research from Recap, a cryptocurrency tax software company, London has become the world’s leading hub for cryptocurrencies. The researchers analyzed eight indicators, including the number of cryptocurrency businesses and the quantity of cryptocurrency ATMs in each country....
After Mocking the Price Model, Crypto Advocates Discuss Bitcoin’s Rainbow Chart Reintegration
26.1.2023
On a few occasions last year, crypto advocates discussed how a number of price models, leveraged to help predict the future value of bitcoin, ended up failing. However, since bitcoin’s value has increased by 36% over the last month, the price has entered the darkest band of the rainbow chart...
Indicators Work Beautifully, Until They Don't...
26.1.2023
When we first get into investing, we are confronted with charts. Charts that show how our particular asset of interest is performing. No matter what you're into, its price performance can be shown on a chart, and in a number of different ways. For the general public there's the good old line chart;...
Is The Bitcoin Bear Market Over? An Increasingly Strong Confluence of On-Chain/Technical Indicators Say Yes
26.1.2023
Six out of eight indicators watched by analysts at crypto data analytics platform Glassnode to identify when Bitcoin is transitioning out of a bear market are flashing bullish signals, and a seventh is likely to also soon turn green. Glassnode’s “Recovering from a Bitcoin Bear” dashboard...