Bitcoin (BTC) has wrapped up February with its fifth straight monthly loss, marking only the second time in its history that the leading cryptocurrency has printed five consecutive red candles on the monthly chart. Upside Call Options Surge The latest decline saw Bitcoin fall to around $63,000 last Saturday, representing a roughly 15% drop for…
The Bitcoin and Ethereum prices plunged sharply over the weekend as missiles flew across the Middle East, exposing just how quickly geopolitical crises can send shockwaves through the financial markets. A joint US and Israel strike on Iran triggered a violent selloff that wiped out billions of dollars from the crypto market in a matter…
Wall Street’s attitude toward Bitcoin has flipped from euphoric to deeply skeptical after last year’s crowded long trade unraveled, according to Galaxy Digital head of research Alex Thorn. In an interview on What Bitcoin Did, Thorn said the shift has less to do with conspiracy theories or a single bearish catalyst than with exhausted demand,…
An important long-term technical signal is still flashing bullish as Bitcoin approaches an important point on the higher timeframe charts. According to CMT-certified analyst Tony Severino, the monthly SuperTrend indicator for BTCUSD has held support and is yet to display an active sell signal, even with recent market dynamics leading to contention as to whether the…
Crypto analyst Pure has indicated that the blood moon could be having an impact on the trajectory of the Bitcoin price. The analyst drew attention to historical trends, suggesting this might be the case and that a rally above $100,000 may be on the cards. A Bitcoin Price Rally Above $100,000 May Be On The…
Bitcoin saw its price crash toward $60,000 last week, and naturally, investor sentiment took a plunge with it. Now, while the sentiment has been in a decline for the better part of five months, what stands out this time is how low the score on the Bitcoin Fear & Greed Index has gotten. In fact,…
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in…
Bitcoin’s higher-timeframe structure is in an interesting state, according to crypto analyst Crypto Patel, who is of the notion that the cryptocurrency has officially entered bearish territory after breaking a long-term support level at $107,000. Technical analysis of price action on the weekly candlestick price chart shows Bitcoin is now in this bearish territory, with…
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing…