Glassnode points out that Bitcoin consolidates within a tight range while reaching weekly extreme prices within only 24 hours. There may be volatility, either as a breakout or another rejection, as the weekly aSOPR average approaches...
A high correlation between ETH and BTC and a spot price below the 200-day MA suggest the dominance of bearish sentiment. The buying side of derivatives has fallen in the macro trend since mid-July, so any...
After reaching a high of USD 25,211 in August, the price of Bitcoin has formed a falling wedge, which usually precedes an upward move. The number of Ethereum addresses recently reached a 10-month high, indicating that...
The Solana network achieves over 3,000 transactions per second and has some of the lowest fees. Its developers hope a new validation client will help it scale and improve transaction speeds, providing stability.
Bitcoin must break above the 50-day MA at USD 20,000 and the 100-day MA at USD 21,100 to exceed USD 25,000. If it drops, the next target would be USD 18,000, but it needs to exceed...
The bears still dominate the crypto market, making it hard to see bullish price movements, but the value of cryptocurrencies might explode again. The entry of institutional investors has raised the dependence on the stock markets,...
Hayes thinks that the global printing of money will worsen inflation, causing the prices of cryptocurrencies to rise. The entrepreneur considers the rise in quantitative easing will benefit cryptocurrencies and gold, whose markets are smaller than...
The Bitcoin market may be bottoming out and hoarding, indicating an increase in coin outflows. According to @StockmoneyL, BTC is in a 6-month buy phase, the period of least risk and best opportunity for future rises.
The comparison between deeply oversold RSI and the long-term price action of BTC shows it is profitable to buy. Although some traders foresee an optimistic change, cryptocurrencies must face macro challenges like a bullish divergence.
October is presented as a "hot" month for the cryptocurrency market. Know everything that can happen in the new month.
September brought about lateral movements in the crypto market. Therefore, investors are expectant...
