The cryptocurrency and blockchain space has grown and thrived despite the opposition from particularly the U.S. government and regulatory agencies like the Securities and Exchange Commission (SEC). Cryptocurrencies, just like Bitcoin and Ethereum, are decentralized digital currencies that allow for peer-to-peer transactions without the need for intermediaries like banks. The […]
Tag: bitcoin
Bitcoin Price Analysis & Prediction (April 4th) – BTC Looks Poise For A Big Rally Amid Accumulation Phase
BTC dominance rises to 45.9% following a roughly $50 billion increase in the global market volume. It found a solid level above $27k this week and has shown signs of strength. A quick recap from last month saw Bitcoin through a massive recovery from $19.6k to a local peak of […]
Bitcoin Price Analysis & Prediction (Mar 21st) – BTC Resumes Bullish After Correction, is $28k The Next Level to Watch?
After two-week of meltdowns, Bitcoin found solid support and started to show strength. The price has recovered fully over the past days as it resumes trading above $26k. Bitcoin started to recover last week following a quick bounce from $19.6k, which happened to be its lowest price in two months. […]
Bitcoin Price Analysis & Prediction (March 1st) – BTC Loses $24k Amid Fresh Sell, Where Next?
This month came with a retracement after weeks of positive momentum. Bitcoin later found support and bounced back with about 18% gains but failed to extend bullishly. It is now following a negative sentiment. Bitcoin has started to show signs of weakness again after losing grip above the critical $25k […]
Bitcoin Price Analysis & Prediction (Feb 22nd) – BTC Bounces Back Strong After Slight Correction, Gains 14% in a Week
After registering a 40% rally in the past month, Bitcoin retraced earlier this month and found support this week. It bounced back strongly and broke through the previous resistance level with a heavy surge. BTC now trades well above the $24k level after bouncing back above $22k and reclaimed several […]
Bitcoin Price Analysis & Prediction (Feb 14th) – BTC Volatility Drops Ahead CPI Release, Down 6% in a Week
After Bitcoin rallied by over 50% in the past month, it took a break and made a significant downturn. The price plunged sharply to a key support level this week. It bounced slightly and now looking for a retest. Bitcoin recently rejected $24.3k after experiencing a consistent increase throughout the […]
Bitcoin Price Analysis & Prediction (Feb 7th) – BTC Reaches Exhaustion Point, Likely to Lose Momentum Soon
Bitcoin seems to have reached an exhaustion point following a series of rejections in the past few days. It has lost 4% in a week, with dominance at 41.5%. However, it still looks bullish but is currently weak. After Bitcoin formed a bullish pattern in the past months, it increased […]
Bitcoin Price Analysis & Prediction (Dec 20th) – BTC Likely to Start Fresh Drop, Retests November Break Down Level
After the recent crash, Bitcoin recovered slowly with a higher high and higher low pattern and paused the rally beneath $17,500 for a while. It later broke through this week following a continuous increase in its dominance. As expected, Bitcoin just made an important retest at the crucial break level […]
Bitcoin Price Analysis & Prediction (Dec 5th) – BTC Continues to Trade in a Tight Range as It Waits for a Break
Starting this month on a bullish note, Bitcoin’s price will likely climb back to $20k in the coming weeks. The price touched $17320 yesterday, dropped briefly, and charged back – a potential recovery lies ahead. The aftermath of the FTX saga caused a lot of FUD in the crypto market, […]
Bitcoin Price Analysis & Prediction (Nov 29th) – BTC Remains Calm, Trading Flat for Next Shockwave
While Litecoin, Binance coin, Dogecoin, and other top coins have jumped to a new weekly high, Bitcoin has remained calm as the price continues to trade flat. The continuous drop in its dominance has transitional enhanced volatility flow into altcoins. This week, Bitcoin quickly recovered from the low of $15476 […]
Bitcoin Price Analysis & Prediction (Nov 21st) – BTC Looks Indecisive After Losing 35% In Two Weeks, Watch This Pattern for the Next Direction
Since Bitcoin found its local bottom at $15600 earlier this month, it has struggled to reclaim the previous break level of $18k due to a low buying volume. The bears have also failed to show interest as the price hovers sideways. The recent decrease in trading volume has led shrink […]
Bitcoin Price Analysis & Prediction (Nov 12th) – Bitcoin Retests Important $18k Level: Rejects As It Negotiates For Fresh Low
After breaking below the important $18k support level on Wednesday, Bitcoin found a temporal bottom around $15,600 and has steadily recovered. It retested this support as resistance and now negotiating for a fresh drop. Bitcoin’s price levels have significantly changed since our previous analysis, and as can be seen on […]
Bitcoin and Ethereum Display Considerable Bearish Price Action
The majority of cryptocurrencies, including Bitcoin, Ethereum, BNB, XRP, and others, are exhibiting notable adverse price movements. After a strong start to the month and sideways trading the previous week, it appears that the bears are once again in control of the markets, driving the market valuation of all cryptocurrencies […]
Significant Growth in Trading Volume for Bitcoin and Ethereum but Prices Remain Unchanged
This week’s trading in cryptocurrency markets has remained sideways as Bitcoin and Ethereum have retained their ground. Despite a rise in trade volume over the last 24 hours, Bitcoin and Ethereum remain in the $20k and $1,500 range, respectively, just like yesterday. Let’s examine the recent cryptocurrency news that has […]
Following Last Week’s Bull Run, Sideways Trading for Bitcoin and Ethereum Continues
Cryptocurrency markets are still holding up today following a stellar run last week. While Ethereum has gained fresh support around the $1,500 level, Bitcoin is still trading near the $20k mark. Let’s examine recent news that is important to the markets. Summary: After the bull run of last week, cryptocurrency […]
Cryptocurrencies Move Sideways Following Last Week’s Bullish Run
This week’s trading for cryptocurrency markets has remained sideways while Bitcoin and Ethereum retain their ground. With today’s trade volume up over 40%, Bitcoin is maintaining support reasonably well after increasing by more than 6% this week. Let’s examine the significant news for Bitcoin and Ethereum values this week. Summary: […]
Bitcoin And Ethereum Prices Test Support As The Cryptocurrency Market Recovers
Today’s markets are attempting to hold on to gains made during yesterday’s bull run, which saw significant price increases for Bitcoin and Ethereum. The trading volume for BTC and ETH has decreased by an average of 30% during the last 24 hours, indicating that this Thursday will be a quiet […]
Bitcoin and Ethereum Prices Have Another Boring Day, with Little Change as Volatility Declines
It appears that this week’s price movement will continue a similar pattern as last week’s, in which crypto assets trade sideways within a constrained range with varying volatility throughout the week. Ethereum is trading in the $1,300 area, while Bitcoin is at $19,000. The trade volume for BTC and ETH […]