Cryptocurrency Opinion & Analysis

Bitcoin: Strong Resistance at $65k Poses the Next Challenge Before Run to ATH

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?

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?

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

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

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

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

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

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

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

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…
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