Despite Bitcoin closing 2019 up 90%, Ethereum didn’t fare all too well. The second-largest cryptocurrency actually registered a negative performance last year, crushed under the pressure of continued ICO selling and at-times questionable fundamentals.Analysts, however, have rapidly changed their outlook on ETH in the early stages of 2020, citing a confluence of positive technical factors…
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Last night, Bitcoin closed out August and opened September with a new candle. At the same time, the leading cryptocurrency by market cap also closed its first monthly candle above the Ichimoku cloud since 2016. That year, BTCUSD closed above the key level twice, unable to hold the first time around. On the second, successful…
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Bitcoin’s powerful 2020 rally may have taken a short pause, but the cryptocurrency holding strong above the one-month Ichimoku cloud could be a sign that more upside is coming soon. However, a comparison to the last Bitcoin market cycle shows that the cloud could rain on bulls’ parade any day now, causing the last correction…
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 has been stuck in the $9,000s for the past two months, trading between $8,500 and $10,000 for weeks on end.While the cryptocurrency has maintained the $8,500 support level on multiple occasions, a key indicator shows that the bullish momentum is weakening.Related Reading: Crypto Tidbits: BTC At $9k, Grayscale Ethereum Trust, Cryptocurrency & PayPalBitcoin Has…
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…
Bitcoin price has made an intraday move higher, pushing above the Ichimoku cloud on BTC CME Futures daily charts. This signal in the past sent the entire cryptocurrency market soaring higher. Will crypto once again continue to storm ahead, or is it about to rain more pain on investors? Bitcoin Storms Above $28,000 After Technical…