Throughout most of 2019 and the early months of 2020, Tezos incurred some immense bullishness that allowed it to post massive gains, with the crypto setting fresh all-time highs just a couple of months ago when its bullishness reached a boiling point.It is important to note that although much of this bullishness was invalidated by…
Bitcoin has surged by up to 24 percent ahead of closing the week despite the Coronavirus-induced global market sell-off. Nevertheless, the benchmark cryptocurrency could end up losing a large chunk of its gains heading into the new seven-day timeframe.That is because of two bearish indicators. As Bitcoin trends upward, it is leaving behind a trail…
Bitcoin and the rest of the crypto market have performed surprisingly well over the past few days. This week, the leading cryptocurrency hit $7,200, which marks a nearly 100% bottom from the ~$3,800 bottom that was put in place on March 13th. Even though the rally has cooled off, BTC trades at $6,800, which is…
Bitcoin has once again found itself caught within a bout of sideways trading within the upper-$6,000 region following yesterday’s firm rejection at $7,300. Although the technical damage done by this movement appeared to be overtly bearish, BTC has been able to hold steady.Analysts are now noting that BTC’s weekly candle is shaping up to be…
Over the past few weeks, Bitcoin, not Ethereum or XRP, has been the focus of many crypto traders. But, two top analysts believe that the third-largest cryptocurrency, XRP, could soon gain strength against the market leader, citing simple technical factors that suggest upside is imminent.XRP To Outpace Bitcoin?On March 31st, Luke Martin, a prominent crypto…
It feels as though the past couple of months have marked the end of an era, and one prominent Bitcoin whale is now noting that he believes the world is about to incur one of the biggest economic shocks seen in generations.This may fundamentally alter the structure and dynamics of society, with attempts being undertaken…
Bitcoin price may be trading as much as 40% lower than it was at the start of they year, but the low prices are causing significantly more buy pressure in the cryptocurrency market than the massive early 2020 rally that took the asset to over $10,000.Remembering Bitcoin’s Rally in Early 20202017 was all about Bitcoin’s…
It has been an interesting week for XRP, with the Ripple-associated token seeing some unique turbulence that allowed it to rally independent of the aggregated crypto market late-last week before once again reestablishing a close correlation to Bitcoin.This price action has come as the cryptocurrency hovers around a key support level that has been established…
The cryptocurrency Tezos has only just come back down to Earth after spending early 2020 skyrocketing to new highs, but according to one crypto analyst, a moon mission may be next for the hyped-up altcoin following an inverted hammer reversal candle.Cryptocurrency Refuels After Historic Crash Coronavirus CollapseFew altcoins have had as strong of a start…
With an economic collapse upon us, it has revived discussion around the concepts that prompted the creation of Bitcoin.And although the asset could have its finest hour in the face of the coming hyperinflation, ironically, the first-ever cryptocurrency’s existence currently depends on the banks that it was designed to replace. Will this ever change, or…