Bitcoin price has been more volatile than ever, following an early 2020 rally to above $10,000, followed by a record-breaking historic plunge to below $4,000 just days later.The price action in between has been nearly as explosive, however, over the last four days, the daily has closed with four consecutive daily doji candles, indicating that…
Crypto stablecoins continue to grow since Bitcoin‘s recent bottom, with the companies and consortiums behind each asset printing more supply almost as fast as the Fed prints more US dollars in an effort to save the economy.But what exactly does this mean for the overall cryptocurrency market, stablecoins, and Bitcoin?The Fed Fiat Printing Press is…
Gold‘s growth continues to sustain, reaching new highs this week not traded since the last economic recession.The rally also is showing very few signs it will slow down any time soon, and one particular indicator confirms there is “more fuel in the tank,” according to an analyst.Gold Prices Soar to Over $1,730, Setting New Local…
Chainlink, the explosive cryptocurrency that recently set its all-time high amidst the peak coronavirus panic, has just triggered a sell signal on the TD 9 Sequential indicator across both the USD and BTC trading pairs.Is this unstoppable altcoin’s growth finally coming to a halt, or is this yet another minor bump in the road in…
Bitcoin is currently in the process of attempting to surmount the heavy resistance that has been established within the upper-$6,000 region, with this ongoing uptrend marking an extension of the momentum that was incurred when BTC rebounded from lows of $6,600.This volatility would naturally lead one to anticipate a rise in activity amongst retail traders,…
2019 was a rough year for XRP, with the cryptocurrency posting intense yearly losses totaling at over 40%, which came as Bitcoin and many other major altcoins posted notable gains over the same time period.This bearishness didn’t end here, however, as the crypto was unable to match the momentum seen by the aggregated market in…
Bitcoin price is in recovery mode, after the first-ever cryptocurrency suffered a record-breaking collapse and fall to under $4,000, shocking the crypto community and the world at large.The selloff has led to extremely oversold conditions, according to the Relative Strength Index indicator. When combined with a Bitcoin valuation substantially below where the highly cited stock-to-flow…
Bitcoin is currently flashing some subtle signs of strength as the benchmark crypto pushes towards its resistance at $7,000, with this ongoing upswing providing most major altcoins with some much-needed strength.This has led one analyst to note that an aggregated index of some of the largest altcoins is signaling that bullish continuation is imminent, which…
Even after the recent correction, the broad crypto market remains far above it did at the absolute lows of March. Data from CoinMarketCap, in fact, suggests that the aggregate of all cryptocurrencies is up to $196 billion as of the time of this article’s writing, 50% higher than the $129 billion low.This has been largely…
Bitcoin has recaptured the support it had previously established at $6,800, with its rebound from daily lows around $6,600 being a bullish sign that seems to unveil some underlying strength amongst the benchmark cryptocurrency’s bulls.One analyst is now noting that the large clusters of volume that have occurred in tandem with Bitcoin’s previous capitulatory declines…