Bitcoin Analysis for the week. Last week showed an increase in volatility for BTC as it plummeted from $36K to $29K within the first 3 days of the week. However, the losses were considerably regained in the last half of...
Technical analysts are predicting a breakout following the ongoing Bitcoin's price consolidation. Both Bitcoin and Ethereum could exhibit further bearish momentum before any major shifts to the upside.     Bitcoin Since Bitcoin lost roughly 50% of its gains in mid-May,...
Bitcoin Price has already hit the $29k key resistance level. Last week, I pointed out that the $29k area was supposed to offer support and prevent BTC from dropping lower. For those who do not understand what support levels means,...
According to Solana’s official website, Solana can process roughly 50,000 transactions per second. This is tremendously fast compared to Bitcoin’s average 7 TPS and Ethereum’s average 25 TPS. Additionally, the network has an estimated transaction fee...
China has made all cryptocurrency activities illegal in the country. The crypto market experienced signficant plunges yesterday following these news. The $40,000 zone is the level of immediate importance for all BTC traders. Everyone should be watching it. On...
An overview. After recovering by roughly 55% in the previous 2 weeks, Ethereum made a 0.06 retracement on 3rd August. Within the past 2 months, Ethereum has tested the $1730 support zone twice. This shows that the level seems to have...
Bitcoin and Ethereum have a strong positive correlation. The two coins share the same directional bias even from an intraday perspective. Since the plunge that happened on the day El Salvador declared BTC as a legal tender, the...
A double-tops pattern is a price action pattern formed when price fails to break through a previous high during an uptrend. If someone is holding a buy position while such a pattern is forming, it could be...
Cointelegraph highlighted that on the 28th of this month, roughly 57K bitcoins were purchased from the major exchanges. In addition to owning roughly 105k BTC, MicroStrategy hinted that the company was planning on increasing its digital asset investments. ...
For the last 24hrs, Dogecoin’s price has been stalling slightly below the $0.27 area. Earlier yesterday, price made a roughly 6.8% gain, which helped recover a significant part of Sunday’s 8.45% estimated loss. Price went as high as $0.265...

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