Cryptocurrency Analysis and News Portal
Bitcoin (BTC) price remains pinned below $22,000 as the lingering impact of the Aug. 19 sell-off at $25,200 continues to be felt across the market. According to analysts from on-chain monitoring resource Glassnode, BTC’s tap at the $25,000 level was followed by “distribution” as profit-takers and short-term holders sold as price
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Being ultra bullish on Bitcoin (BTC) Michael Saylor sees a $100 trillion market cap for the crypto asset class. He thinks that BTC will easily outclass the performance of the Big Tech companies in the future.Bitcoin (BTC), the world’s largest cryptocurrency has already surged more than 85% year-to-date and is
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The Tom Demark (TD) Sequential indicator has proven to be essential in determining Bitcoin’s price action. This technical index was able to predict the most significant exhaustion’s points on BTC’s 1-day chart over the last three months.In mid-February, for instance, when the flagship cryptocurrency rose to a yearly high of
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Dow Jones Industrial Average (DJIA) futures point to a stock market open near all-time highs. Traders are seemingly ignoring the Federal Reserve’s own recession indicator as the yield curve inverts again. Fed chairman Jerome Powell is expected to “sound upbeat” in a testimony today. The S&P 500 and Nasdaq
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