CNBC crypto trader Big Cheds has noticed that Bitcoin’s current technical picture is similar to that of October 2015, which marked the end of the previous bear market. Back then, BTC was trading at just $250 before rocketing to a staggering $20,000 in just over two years. card A bullish convergence The chart below shows a rare case […]
Category Archives: Coins
After the release of multiple ETH2 independent testnets, the Ethereum Foundation asked all of those interested in Ethereum development to test its features. Some testnet users have reached an unexpected conclusion. Slots and epochs Yesterday, active Reddit user Tradefeedz, shared his experience with Ethereum (ETH) 2.0 transaction validation. It looks like he tested the Sapphire testnet by […]
Well-known trader Alessio Rastani has recently shared a fascinating chart, which shows that Bitcoin (BTC) has closed higher than it has opened every February for the last six years. While Rastani says that the data sample size is relatively small, it might be indicative of how the leading cryptocurrency is going to fare next month. image by @alessiorastani […]
Fundstrat co-founder Tom Lee has called his followers’ attention to the fact that Bitcoin has broken above the 200-day moving average (DMA), meaning that the top cryptocurrency is officially in a bull trend once again. image by @fundstrat card An important milestone 200 DMA is a widely tracked moving average that gives investors a much-appreciated […]
The Bitcoin (BTC) price recently dipped to an intraday low of $9,195, which made many traders question whether or not the bulls are still in the driver’s seat. However, Kitco’s chief analyst Jim Wyckoff is certain there is no need to worry about the dissipating rally. card A normal pullback Wyckoff described the recent BTC […]
In his latest weekly crypto report, commodity trading legend Peter Brandt explained why he thinks that Bitcoin (BTC) could be in the early stages of another parabolic move. card Some reasons to be bullish on Bitcoin Brandt says that Bitcoin (BTC) remains within a massive bull channel that goes back to 2013. He noted that […]
The second largest cryptocurrency, ETH, had been trading flat in the $180 area recently until, on February 2, it managed to spike to the $190 mark. This is where ETH is trading at the moment, as per data provided by CoinMarketCap. The overall market sentiment around Ethereum looks bullish, both short term and long term. ‘ETH […]
The price of Bitcoin (BTC) is widely expected to make it to a new all-time high after the highly anticipated reward halving. However, Ethereum (ETH) might end up bringing its investors more profits if the current trend continues. Related Another week, another win According to data provided by crypto research firm Skew, the price of […]
Considering Bitcoin just had its best January since 2013, it would be bizarre to say that 2020 has been bad for the crypto king. However, leading financial publication Bloomberg apparently thinks so. Related Undermined narratives In Tuesday’s newsletter, Bloomberg states that Bitcoin’s major narratives have been undermined by surging altcoins. Ethereum (ETH), Litecoin (LTC), and lesser-known […]
Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping […]