Total crypto market capitalization is back at its 2019 high as Bitcoin maintains gains and grinds slowly higher. There is a lot of resistance approaching, however, and analysts are starting to wonder when the next altseason will start to kick in. Bitcoin Grinds Higher BTC has been slowly grinding higher over the past 24 hours,…
Bitcoin’s epic weekend pump has continued into Monday as gains are holding. BTC is still above $9k but has hit resistance once again. Analysts and traders are looking for its next move and some are now eyeing altcoins for bigger gains. Bitcoin surged through resistance yesterday to record a new 13 month high of just…
Back in the build up to the massive bull run at the end of 2017 Bitcoin and altcoin markets were inversely correlated. One would surge at the expense of the other as traders switched between the two assets. Now that we have so many stablecoins to choose from, that correlation should have diminished but today…
Crypto markets starting to surge; Bitcoin breaks resistance, Cardano cranking, Tezos climbing and DigixDAO getting fomo. As the week progresses crypto markets are looking stronger. Bitcoin is pulling them all up as it breaks through resistance to form a new 2019 high. Market capitalization is ramping up to do the same as it surges upwards…
For the past twenty days cryptocurrency markets have hold on to gains and formed new trading ranges. In terms of total market capitalization this is between $170 and $185 billion with Bitcoin holding above $5,000. More analysts, using previous chart patterns as a guide, are of the opinion that this consolidation could continue for several…
The arguments for a big market correction are gaining strength. As Bitcoin approaches another heavy resistance barrier buying pressure is likely to diminish as previous charts have shown. If and how far it will fall remains the big question this week. Bitcoin Approaching 50 Week MA When Bitcoin broke through the 200 day moving average…
Today’s $18 billion crypto market pump has been the news that everyone in the industry has been waiting for. The doom and gloom that has shrouded the ecosystem over the past six months or so has dissipated today as a ray of hope shines bright and new records are made again. Volume Hits $50 Billion…
Crypto markets surge to four month high; Bitcoin breaks resistance and hits $5,000, all cryptos pulled up. The moment we have waited for has arrived; Bitcoin has lifted off and smashed through resistance. Crypto markets are pumping at the moment as total market capitalization surges past $160 billion, led by the big daddy itself. The…
What goes up must come down. Many had predicted a market correction but few of them expected it to be so fast and so violent. In just over an hour $14 billion was unceremoniously dumped out of crypto markets as Bitcoin and its brethren plunged back below previous levels of resistance. 2019’s Largest Single Day…
Crypto markets crash in 2019’s largest one day dump; Ethereum, EOS and BCH hammered, Tron and Binance Coin in less pain. How things can change in a single day. Crypto markets have shown their true colors once again in a violent dump of $17 billion in just a few hours. In what has been the…