Bitcoin's 2023 Bullish Trendline in Focus as Traders Search for Directional Clues
A bullish trendline is a an upward-sloping diagonal line connecting two or more higher price lows. Original Source
Read MoreA bullish trendline is a an upward-sloping diagonal line connecting two or more higher price lows. Original Source
Read MoreIn late 2024, citizens of the United States will take to the voting booths to elect their next president — a four-year term that could have a vast impact on the next crypto bull run.Though polls are set to open on Nov. 5, 2024, dozens of U.S. politicians have already
Read MoreInsolvent crypto exchange FTX suffered a $600 million exploit late Friday after filing for bankruptcy protection. Source
Read MoreThat outlook, however, could be positive for crypto, pressuring the Fed to be more dovish, which would result in a weaker U.S. dollar and therefore a stronger crypto market, Joshua Lim, head of derivatives at Genesis Trading said. (Genesis is owned by Digital Currency Group, which also owns CryptoX.) Source
Read MoreBitcoin is still stuck in the $38,000 area with sideways movement during the past week. The first crypto by market cap has displayed resilience as traditional finances take a bearish turn. Related Reading | Bitcoin Holders Trigger Largest Capitulation In Its History, Bearish Horizon For BTC? At the time of writing, Bitcoin (BTC)
Read MoreWith key stakeholders taking profits and confidence in buying the dip staying high, traders who were overzealous about a quick Bitcoin rebound back to all-time high levels were punished with further price declines.Although Bitcoin (BTC) has subtly bounced since dropping below $34,000 in late January, its price is still down
Read MoreAt the end of May, crypto advocates discovered a website created by the video game retailer Gamestop. The web portal disclosed that Gamestop was entering the world of blockchain tech and non-fungible token (NFT) assets. Gamestop’s NFT web portal has recently been updated and is requesting creators to sign up
Read MoreBitcoin is clearly at a pivotal point in its current market cycle. But market cycles aren’t always obvious
Read MoreBitcoin was higher, just above $13,000 and rising for a seventh straight day – the longest winning streak in six months. “A continuation would probably require more positive news,” Matt Blom, head of sales and trading for the publicly traded cryptocurrency firm Diginex, wrote Thursday in a note to clients.In traditional markets,
Read MoreQuick take: Litecoin’s halving in August 2019, was uneventful with LTC’s price failing to meet the expectations of fans and traders. LTC is frequently considered as Bitcoin’s little brother. Some analysts believe that first doing technical analysis on LTC could provide insights into Bitcoin’s future. It is Easter Monday and the King of Crypto
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