Cryptocurrency Analysis and News Portal
The value and impact of data are clear. People are aware of how expensive data is and the value it brings to the world’s most valuable companies. Increasing regulations have begun to push towards a more ethical, transparent system due to increasing privacy concerns and prominent data scandals, but alternatives
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Cardano has begun another rally that has positioned it comfortably above $2. This recent change comes after the digital asset had taken a beating down over the past few weeks that has placed it in a continuous downtrend. Cardano was not isolated in this as the broader crypto market had
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Bitcoin (BTC) continued to face strong resistance at the $60,000 level on March 19 as bulls spent the day climbing back from an early morning drop which briefly pushed BTC into the sub-$56,500 range.Data from Cryptox Markets and TradingView shows that after being rejected at the $60,000 level on March
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Ethereum started a sharp decline after it failed to surpass the $1,850 resistance against the US Dollar. ETH price tested $1,660 and it is currently facing hurdles near $1,760. Ethereum started a strong downside correction from the $1,850 and $1,860 resistance levels. The price is now trading well below $1,800 and the
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A recent downside correction in the Bitcoin market has done little to offset its long-term bullish bias, indicates Robbie Liu. The OKEx investment analyst listed a flurry of trading data readings that showed the cryptocurrency facing limited downside risks. He noted that the last week’s “Musk rally” of more than $6,000
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Bitcoin’s appears to be caught within a firm bear trend, with the cryptocurrency being wholly unable to see any sustained rebounds Each rally over the past week has been firmly rejected, with BTC rallying to highs of $34,500 yesterday before facing a rejection that sent it down towards $30,000 today Where the
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Summary:Bitcoin fell from $41k to $30,300 in less than 48 hoursThis is a drop of over $10k or 26%Bitcoin has since rebounded and rejected at the $36,600 price areaHowever, $38k could be possible after which Bitcoin’s bullish momentum will slow downThis past week’s weekly close will go down in history
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Quick take:Bitcoin is in bear territory as the Miners Position Index hints of selling by BTC minersThe demand for Bitcoin will quickly absorb the continual selling at these levelsBitcoin could experience a resurgence back to $19k due to this buying demand and an ascending triangle on the 4-hour chartBitcoin is
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XRP and the aggregated altcoin market is currently caught within a consolidation phase as Bitcoin struggles to gain
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Bitcoin has been flashing signs of overt weakness throughout the past few hours, dropping as low as $10,400
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