Cryptocurrency Opinion & Analysis
Bitcoin: Strong Resistance at $65k Poses the Next Challenge Before Run to ATH
25.09.2024
Bitcoin: Strong Resistance at $65k Poses the Next Challenge Before Run to ATH
Bitcoin has gained more than 15% over the last 2 weeks. Growing risk-on sentiment can continue to boost the crypto.…
Is Bitcoin En Route to $90,000?
24.09.2024
Is Bitcoin En Route to $90,000?
In our previous update, see here, we found that: “Since our preferred analysis method is the Elliott Wave Principle (EWP),…
Bitcoin: Could a Kamala Harris Victory Signal a Rough Ride for the Bulls?
24.09.2024
Bitcoin: Could a Kamala Harris Victory Signal a Rough Ride for the Bulls?
The upcoming presidential election raises questions about what comes next for Bitcoin. Trump’s victory could boost cryptocurrency markets significantly. Harris’s…
Bitcoin: Bulls Not Yet Ready to Launch the Breakout Rally
23.09.2024
Bitcoin: Bulls Not Yet Ready to Launch the Breakout Rally
Since the beginning of the year, Bitcoin is up by more than 52%. While prices have been strongly trending higher…
Bitcoin: Reaction Buying Likely to Continue With $61K Resistance in Focus Next
13.09.2024
Bitcoin: Reaction Buying Likely to Continue With $61K Resistance in Focus Next
Bitcoin’s rebound faces resistance at $59,000 but may rally to $65,000 if it breaks above that level. Key support at…
Bitcoin: Positive ETF Flows Could Continue to Fuel More Gains
12.09.2024
Bitcoin: Positive ETF Flows Could Continue to Fuel More Gains
Bitcoin prices rebounded due to increased ETF inflows, ending an 8-day outflow streak. BlackRock warns of continued market volatility, citing…
Bitcoin: Range Trading Remains in Play Amid Lack of Conviction
12.09.2024
Bitcoin: Range Trading Remains in Play Amid Lack of Conviction
Bitcoin prices have recovered last week’s losses as ETF flows snap an 8 day streak of outflows. On September 10,…
Bitcoin Prone to More Volatility as August CPI Report Looms
11.09.2024
Bitcoin Prone to More Volatility as August CPI Report Looms
Key Takeaways Bitcoin’s price increased by 2% before stabilizing ahead of the CPI data release. Market anticipates a rate cut…
Bitcoin: Short-Term Downtrend Gaining Steam With $50K Support Test Likely
11.09.2024
Bitcoin: Short-Term Downtrend Gaining Steam With $50K Support Test Likely
Cryptocurrency funds saw sharp capital outflows last week. Bitcoin remains under pressure, and the next key support level is at…
Bitcoin Eyeing a Deeper Reversal as ETF Outflows Continue
06.09.2024
Bitcoin Eyeing a Deeper Reversal as ETF Outflows Continue
Bitcoin prices have struggled to gain momentum of late with the fear and greed index remaining in fear territory. Global…