The positive momentum in the crypto markets is now clouded by a crossing of two major moving average lines. A death cross occurs when the MA-50 crosses below the MA-200 line. This time, the cross
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Bitcoin briefly rises beyond $45K as market sentiment turns to "neutral" Bitcoin (BTC) briefly hit highs of $45,519 on Feb. 8 as investors begin to re-embrace risky assets in global markets. Market sentiment, according to the Crypto
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This week in a note to investors, Fsinsight, a Fundstrat company, said bitcoin could reach $200,000 during the second half of the year. In the investor’s note, Fsinsight’s head of digital asset strategy, Sean Farrell,
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Generalization isn’t always the best outcome for assets, and cryptocurrencies have proven that. While an increase in adoption has certainly brought legitimacy and capital to the market, it has also made it sensitive to macroeconomic
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Over the last 30 days, Bitcoin’s hashrate has been coasting along at the highest levels ever recorded during the network’s lifetime. Bitcoin’s price improved recently but it is still down 38% from the crypto asset’s
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The recent bitcoin price surge has left many market participants in a well-known phase called “Disbelief”. Many technical analysts were waiting for the RSI indicator and the price trend to break through the durable resistance
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Elon Musk’s electric car company, Tesla, has filed an annual report with the U.S. Securities and Exchange Commission (SEC) showing bitcoin holdings with a fair value of almost $2 billion at the end of December.
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Despite major corrections in the market, investors are unwilling to sell their holdings A total of $800 million worth of BTC was moved from exchanges amid the sudden price increase of the first cryptocurrency, which
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Major cryptocurrency exchange Kraken announced the results of a proof of reserve audit on Thursday, showing that it holds more than $19 billion worth of Ether (ETH) and Bitcoin (BTC). Almost $20 billion Stored on
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The recent unexpected price action in the market has resulted in positive shifts in sentiment. However, many analysts remained skeptical due to macro-level uncertainty. Here, we discuss the important technical confirmations for a mid-term trend
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