Bitcoin’s weakness over the past couple of weeks has resulted in a failure to bounce back as it clings to support at $8k. The drop had largely been expected and many analysts are of the opinion that further declines could be on the cards. The BTC dominance chart is also showing telltale signs that could…
While Bitcoin price action is decidedly sideways, other metrics are posting positive signals. The week is ending with BTC above five figures which is still bullish, and dominance has just tapped another new high. Bitcoin OI Hits a High By definition, open interest is a measure total number of outstanding derivative contracts, such as futures…
Crypto markets are climbing as we start the weekend and once again Bitcoin is leading the charge. BTC has held on to gains in five figures and continues to eat into altcoin markets as dominance approaches 70 percent. Bitcoin Closes on $11k BTC has seen its fourth green candle in as many days as the…
Bitcoin has made a bit of a recovery today in the wake of comments by US Treasury Secretary Steve Mnuchin. The 8 percent pump has left altcoins in the digital dust again as BTC market share knocks on the door of 70 percent. Bitcoin Briefly Back at $11,000 This time yesterday Bitcoin was trading very…
Another big move by Bitcoin has seen the king of crypto break a crucial level of resistance which could result in greater gains this week. There is no denying the momentum at the moment as altcoins continue to get devoured by an increasing BTC market dominance. Bitcoin Breaks $13,000 Looking at the closing candles when…
For the third day in a row, the speeding freight train that is Bitcoin has broken through resistance and pushed even higher. The surge has eaten into the altcoin markets so much that BTC dominance is at its highest level since it went parabolic in December 2017. Bitcoin Dominance Tops 63% Bitcoin traded at just…
Crypto markets make a new yearly high; Bitcoin surging to $6.3k, Litecoin lifted but the rest of the altcoins get eaten. The end of the week has seen crypto markets hit another new high for 2019. Bitcoin is pushing things higher as it eats away at the altcoins and itself posts new highs for the…
In order to predict future market moves technical analysts often look back at previous patterns. The crypto bear market of 2014 and 2015 has often been used as a comparison and repeating chart patterns known has fractals may give us an indication of where Bitcoin prices will go next. On-chain Capital Flows Bullish Analysts don’t…
Crypto markets cool off on Monday; Litecoin, Cardano, Monero and Cosmos dropping back, Bitcoin dominance climbing. Crypto markets are starting to pull back this Monday morning and altcoins are taking the brunt of the losses. Total market capitalization has declined back to the $180 billion area but does not look like falling further for the…