As expected when a two day rally occurs on crypto markets there is the inevitable correction. Total market capitalization and daily volume has fallen back as day traders take profits and top performing crypto assets start to cool off and fall back. There are a couple however that are defying this much repeated market movement…
After a solid rally there will always be a correction, it is in the nature of markets. Bitcoin’s parabolic surge to just under $14,000 in barely three months had to end somewhere and this week that pullback has deepened. Most are confident that a new bull market has been established so new buyback zones are…
A correction after such a monumental crypto rally is to be expected though some industry observers will always see the negative side of things. Bitcoin has largely held on to gains though it appears to be weakening, while the altcoins are falling back at a faster rate. Bitcoin Holds Above $9,000 Many were expecting a…
Crypto markets correcting hard; BSV, BCH, bleeding, double digit losses for ADA, Tron, IOTA and Tezos. Following another 2019 high, Bitcoin and crypto markets are dumping this Friday as the red hot momentum could not be sustained. Wider fears of a larger correction are sending prices south at the moment as markets shed over $28…
The Bitcoin correction was short lived to say the least. Only three candles closed below $10k on the hourly chart and one briefly dumped to $9,600, 30 percent down from the recent high. Looking at previous market cycles may give us a clue as to when this may happen again … and it could be…
Crypto markets in massive correction; XRP, Stellar, Cardano, Bitcoin Cash, BSV and Tron getting smashed. A crypto correction has been on the cards for some time and it has finally arrived this morning. Bitcoin dumped almost a thousand bucks and total market capitalization shrunk by $32 billion in a matter of hours. After spending most…
Cryptocurrency markets retreating a little this Friday; Bitcoin Cash, SV and EOS falling back, Tron static. There has been a slight pullback on crypto markets today and further upward momentum could not be maintained. Total market capitalization has retreated a little but remains above $130 billion. Bitcoin could not break above strong resistance at $4,000…
Crypto markets retreating this Saturday; Bitcoin Cash, SV and Waves getting bashed, Tron still afloat. It was to be expected, the start of this weekend has seen the beginning of a pullback from five days of solid gains for cryptocurrency markets. Total market capitalization has dropped back below $130 billion as traders take short term…
The fallout from last week’s US senate hearings on Facebook’s Libra project is still being felt across the crypto ecosystem. Many are blaming the social media giant for Bitcoin’s recent correction but in reality it is just part of the natural rhythm of the market. Bitcoin Back at Four Figures Following a week of consolidation…
Crypto markets starting to pullback; BNB, Maker and Stellar are keeping in the green, BCH, and Ethereum starting to slide. Crypto markets have started to correct as expected after a two day buying bonanza. Volume and market capitalization has pulled back a little as traders start taking profits. The next few days will be crucial…