The crypto market hasn’t fared too well over the past day or two. After peaking at $9,200 in a dramatic fashion, Bitcoin retraced under $8,200 on Sunday, catching many traders off guard, as they were expecting the leading cryptocurrency to continue higher.Though, a prominent analyst, Jacob Canfield, recently shed light on three crucial catalysts which…
Today’s been a rough day for the crypto markets, with Bitcoin’s recent capitulatory selloff reaching a boiling point this morning that subsequently led most other major altcoins to similarly see intense selloffs of 10% or more.This movement has led the market structures of most digital assets to become firmly bearish, although one crypto-focused economist is…
The crypto market has found itself caught within an intense downtrend over the past day, with Bitcoin and most major altcoins incurring intense selloffs that have led them to erase the majority of the gains incurred throughout the early months of 2020.It appears that this Bitcoin-driven selloff has been catalyzed by a massive influx of…
Sorry bulls, but it might just be game over for Ethereum. The cryptocurrency’s intense uptrend seen in early-February has now been fully erased by the selloff seen over the past couple of days, which has shifted its market structure to be highly bearish.This has led one top analyst to note that Ethereum has just dipped…
Although Bitcoin has continued its extended period of rangebound trading, it is important to note that Ethereum (ETH) has been able to see further upwards momentum today, with the cryptocurrency rallying past key resistance as its market structure shapes up to be highly bullish.Analysts are now noting that the cryptocurrency may have established a mid-term…
Another week, another round of Crypto Tidbits. The past seven days have been rather positive for Bitcoin and the rest of the cryptocurrency market, which was battered the week prior to the one that just transpired.BTC rallied from $8,400 to $8,888 (as of the time of this article’s writing), tapping $9,200 on Saturday morning. Altcoins largely…
Throughout the course of the crypto market’s intense 2020 uptrend, Tezos has been one of the best performing cryptocurrencies, posting an insane rally that recently allowed it to set fresh year-to-date highs.This intense rally has been able to extend further over the past couple of days, despite some turbulence seen by Bitcoin and other major…
Bitcoin and the aggregated cryptocurrency market are currently caught within a bout of sideways trading that first began earlier this week when BTC rallied from lows of $8,400 back into the low-$9,000 region.This movement has led most major altcoins to see mixed price action, with Ethereum incurring some intense upwards momentum while many other altcoins…
A textbook technical scenario brewing inside the bitcoin market could send its prices above $14,000.Crypto analysts highlighted earlier this week the potential formation of an Inverse Head and Shoulder (IHS) pattern. Investopedia defines it counter, which is called Head and Shoulder Pattern, as a “reliable” indicator in predicting an asset’s bullish-to-bearish trend reversals. Therefore, its…
Although the entire crypto market, Bitcoin included, has posted stellar gains since December’s bottom, some digital assets have been performing better than others.One such altcoin is Chainlink (LINK) — a prominent blockchain project linking off-chain data to platforms like Ethereum. This crypto has gained a jaw-dropping 200% since the December bottom that was established near…