The crypto market has been struggling for nearly two full years now to return to all-time high peak prices set back at the height of the crypto bull run, when Bitcoin reached $20,000 and became a household name and altcoins like Ethereum made investors filthy rich. During that time, Ethereum exploded to over $1,400 per…
Ethereum is among the crypto assets still vastly below its former all-time price, with a long way to go before it recovers the lofty prices set back at the height of the crypto hype bubble. According to one crypto trader, Ethereum’s downfall may not be complete, and if the current monthly candle cannot close above…
Fractals are repeating patterns that are commonly found all throughout nature but also playing out on the price charts of financial assets like Bitcoin and other cryptocurrencies. One prominent crypto trader has pointed out that the current price action playing out on lower timeframes appears to be a fractal of weekly price action, but even…
All this week, Bitcoin price action has been heating up, bringing traders the most volatility seen since the last bull run. The price of the leading crypto asset by market cap violently bounced back and forth between $10,500 and $13,000 for much of yesterday after it was rejected at overhead resistance at $14,000. These movements…
Over the weekend, Bitcoin price yet again shocked the crypto market and breached the important psychological resistance at $10,000, and soon after tested above $11,000 before a pair of violent rejections below. With the price level acting as such an important “FOMO” trigger, one crypto analyst says that $16,000 is coming “fast,” and if Bitcoin…
The leading crypto asset by market cap has once again reclaimed $10,000, considered an important psychological FOMO trigger that could see Bitcoin price setting new all-time highs in no time. Now, less than 24 hours after Bitcoin price breaches $10,000, it’s already broken through $11,000 and shows no signs of stopping. What’s next for Bitcoin…
In the fourth and final quarter of 2017, Bitcoin price grew rapidly due to increase public awareness and interest, and so did search queries related to the crypto asset as people attempted to get up to speed on the emerging financial technology. But as the crypto hype bubble popped, interest waned significantly and along with…
At the moment, the cryptocurrency market is primarily concerned about when Bitcoin might bottom, and not when Bitcoin price will return to its previous all-time high of $20,000. Market sentiment is currently so low, any positive movement in Bitcoin price is normally rejected by bears hoping to buy the number one crypto later at lower…
Last year on this day, Bitcoin reached its all-time high price of $20,000 – before its parabolic advance was broken, sending the original cryptocurrency into a bear market. As Bitcoin reaches new one-year lows, the first ever cryptocurrency’s previous all-time high is starting to feel like a distant memory. December 17, 2017: Bitcoin Reaches All-Time…