Cryptocurrency Analysis and News Portal
Privacy coin Monero (XMR) usually spends its time in the shadows, which is exactly the way its community likes it. Till date, it is still impossible to penetrate the privacy that the digital asset offers, making it the go-to choice for investors who are trying to keep their crypto transactions
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Bitcoin (BTC) may have stopped short of $40,000, but this week’s gains have helped spark a more significant breakout for underlying price strength.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewRSI breaks a two-month traditionData from Cointelegraph Markets Pro and TradingView shows that sustained BTC price action above $37,000 this week has allowed
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Bitcoin (BTC) circled the $38,000 mark into Jan. 30 as a "trappy" weekend still offered the chance of a solid weekly close.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Choppy waters" for BitcoinData from Cryptox Markets Pro and TradingView showed BTC/USD regaining the $38,000 mark after seeing local highs of $38,740 on Bitstamp
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2021 was a rollercoaster ride for many projects in the cryptocurrency market but as is the nature of crypto, many tokens hit new all-time highs and then spent the following months drifting lower as the hype surrounding the project faded and traders moved into greener pastures.This is exactly what happened
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Bitcoin (BTC) returned closer to $40,000 on Thursday as $44,000 resistance proved too much for bulls to overcome.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBuying another dipData from Cointelegraph Markets Pro and TradingView showed BTC/USD shedding around 4% in 24 hours on Jan. 14.The pair had topped $44,450 on Bitstamp before the
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Bitcoin (BTC) is stuck in a narrow $550 range between the key long-term moving averages today, but may be prepping for a breakout, the technical charts suggest.With the bull/bear bias now unclear, the big problem now is trying to work out in which direction the price will go.As of writing,
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Bitcoin (BTC) could see a “massive bullish move” if a classic trigger from the 2021 bull run repeats this week.In a tweet on Dec. 16, on-chain analyst Matthew Hyland, known by the Twitter handle Parabolic Matt, drew attention to Bitcoin’s momentum indicator.Momentum indicator hints at potential "massive bullish move"While still
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Cryptocurrency prices and investor sentiment reversed course on Dec. 15 after Federal Reserve chairman Jerome Powell confirmed the bank's plan to hike interest rates in 2022 and slow down the bond purchasing program that had been in play since the emergence of the coronavirus in March 2020.Following the announcement, Bitcoin
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Bitcoin bounced to $66,000 on Monday, partially erasing the losses from last Wednesday. Technical charts signal an impending boost from a bullish continuation pattern.“BTC has broken out of the Flag pattern, and buying momentum is expected to continue,” MintingM, a Mumbai-based crypto asset management company, said in its weekly market
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Bitcoin’s breakout above $63,300 on Monday to an all-time high is “constructive technically” and we should see prices rise to $72,000 initially and then $77,600, according to FSInsight, a markets strategy and research firm.FSInsight notes that bitcoin momentum isn’t overbought yet on daily or weekly timeframes.Read more: Bitcoin Soars Past
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