Category Archives: Coins

Illusion of Stability: Bitcoin Price Settles at $9,000, But Change is Coming Soon

By the beginning of Wednesday, the volatility in the cryptocurrency market decreased significantly, but the mood remains very tense, the opposing parties took a small respite right at the height of battle. You can call it the calm before the storm, temporary lull in volatility but the cryptocurrency market battle is now at a standstill. […]

Bitcoin Price Drops to $7,700 as Bulls Retreat, Leaving Market in Bears’ Paws

Exactly one week ago, on March 7, the bears struck a crippling blow to the market and launched a chain of events, the results of which we see today. Can such mathematically timed intervals between attacks be coincidental? We can’t know for sure, but we can surmise with a high degree of certainty that this […]

Confrontation in Cryptocurrency Market Continues, Bitcoin Price Finds Foothold at $8,100

It feels like by the end of the week the opposing sides are exhausted- a great deal of effort has been expended already, but bulls and bears will only get their deserved rest upon achieving their goals. So far, no one is getting anywhere and the main market parameters remain the same- just like yesterday, capitalization […]

Bitcoin Price Drops to $7,240 as Bears Triumph; High Time for Buyers to Step In

For any analyst, there is great interest in monitoring the impact of asset prices on the mood of investors (notably, in this causal direction, rather than vice versa). This past weekend, the market demonstrated how easily participants submit to panic and infect each other with negative emotions. Let’s see if a positive outlook is just […]

Judgment Day for Cryptocurrency Market Comes As Charts Confirm

I never cease to be amazed at the way technical and fundamental analysis complement each other. There are many proponents of both assessment methods, and their opposition is almost religious in scope, not unlike the opposition between Android and Apple. But in fact, they are the yin and yang of market theory and practice. They […]

Analysis of Past Bitcoin Boom/Bust Cycles Sheds Light on Bitcoin Price Prospects

Though the Bitcoin market is presently in turmoil, with ups and downs that resemble a yo-yo, since the December peak of nearly $20,000, there’s clearly been a significant downtrend. Mainstream media keeps saying the bubble has popped, with many outlets predicting lows of less than $3,000. But it’s possible Bitcoin’s past boom-and-bust cycles might tell […]

Market Stays Positive as Bitcoin Price Reaches $8,700, but Caution Still Advised

Investors have been able to keep up their resolution and initiative by the beginning of Tuesday, so today we have a good chance of seeing the continuation of purchases. Considering that the market experienced the third correction in as many months (Jan. 17, Feb. 6, March 18), the path promises to be thorny, but all […]

Market Growth Fizzles Out, Bitcoin Price Stuck at $9,000

  There is often a situation in the market when by the middle of a week that began with rapid growth, trading volumes are falling and uncertainty is increasing. There are psychological and material causes for such player behavior, but the principle at the root is the same — resources (both emotional and financial) need […]

Bears Drag Bitcoin Price to $8,350; Litecoin Holds On, Monero and NEO in Trouble

The resolution of yesterday’s fragile equilibrium and indecision in the market was not what holders of long positions wished for. Barely having had time to recover from the last correction, the market is falling again, and for many assets we are seeing double-digit negative values.   The total market capitalization has lost $30 bln, making […]

Bitcoin Truly Shows its Usefulness in Failed State Like Venezuela

Bitcoin and other digital currencies reveal their greatest potential in “failed states,” according to Wired. In nations like Venezuela, where the national currency is essentially worthless, Bitcoin is a life-saver to those who can access it. In Venezuela, many needed products are only available from foreign countries or on the nation’s black market, and those […]