Category: Market Analysis

Buy, Sell, Trade Bitcoin with Credit Card & 100+ Cryptocurrencies @ BEST rates from multiple sources, Wallet-to-Wallet, Non-Custodial!

1% Bitcoin No Longer ‘Crazy’ for Portfolios, Says Morgan Creek CEO

Morgan Creek founder and CEO Mark Yusko says Bitcoin is one of the most asymmetric assets he has ever seen in his career as a fund manager. Bitcoin (BTC) represents an investment in technology and innovation, making it a must-have in any portfolio, suggested the CEO of Morgan Creek Capital, Mark Yusko, in an interview…
Read more

Buy the Pump, Sell the Dump — Does Momentum Investing Work in Bitcoin?

It can only go up: buying the currency that gained the most in price today will likely lead to a greater cumulative return than buying the dip, data shows. Since the start of the year, Bitcoin (BTC) price has been as high as $9,200 — a 2-month high — while going as low as $6,900…
Read more

Cardano Breaks 6-Month Slump, Signaling Potential Altcoin Revival

Cardano (ADA) and other altcoins are all breaking out of their downtrends as the altcoin cryptocurrency market gains strength. Today Cardano (ADA) broke above its 6-month range and now follows the movements of large-cap altcoins like Bitcoin Cash ABC (BCH), Dash (DASH) and Ethereum Classic (ETC). Does this mean that altcoins are entirely out of…
Read more

Bitcoin Breaks 7-Month Downtrend But Must Clear These Hurdles to $10K

Bitcoin price has broken its 7-month downtrend and it’s starting to look like the entire cryptocurrency market is entering a new bull market phase. The price of Bitcoin (BTC) found strong support at $8,200 last week, after which it started to rally toward $8,800 earlier today. Alongside with that, the total market capitalization of crypto…
Read more

Litecoin ‘Digital Silver’ Narrative Is Proven Wrong, New Data Shows

Data shows Litecoin is not “digital silver” but a slight correlation between LTC and silver can provide insight into the digital asset’s future returns. The start of 2020 has seen considerable gains in the cryptocurrency market as a whole. Recently, Bitcoin (BTC) price reached a 2-month record high crossing above the $9,000 mark as well…
Read more

Ether, XRP, and DASH Push Higher as the Altcoin Market Gains Momentum

Large-cap altcoins have staged strong rallies over the past week, pushing the altcoin market cap higher and closer to bull market territory. Altcoins have been stealing the show recently, as some large caps have seen tremendous surges along the field. Bitcoin Cash ABC (BCH), Bitcoin Cash SV (BSV), Dash (DASH), and Ethereum Classic (ETC) have…
Read more

Bitcoin Price Tightens as Traders Eye the CME Gap and $8.2K Support

Bitcoin price was rejected at $9.2K suggesting a period of consolidation has begun and traders will watch the $8.6K support. The price of Bitcoin (BTC) tumbled down from $9,200 to $8,450 yesterday. However, bulls are defending the $8,600 level with strength. The market needs to find a support area before the continuation of the bullish…
Read more

Bitcoin Price Ready to Push Above Key Resistance to Hit $10,000

Bitcoin price is managing to hold $8,800 support, which means the recent upward trend can continue to $9.4K and $10K targets next. Bitcoin (BTC) price sees a tremendous start of the year as it surged 25% year-to-date. Not only has Bitcoin been flourishing over the past few weeks, but altcoins have also been following along.…
Read more

New Analysis Finds That Mondays Are the Best Days to Buy Bitcoin

Bitcoin returns on investment differ based on what day of the week BTC was bought as well as other factors such as volatility and market cycle conditions. This week saw Bitcoin price (BTC) hitting the $9,000 barrier amid the launch of CME Bitcoin options and Plaid’s acquisition by Visa, reaching a record price for the…
Read more

Mind the Gap: Identifying and Trading 4 Different Bitcoin Chart Gaps

Everyone in crypto is talking about CME gaps, but all gaps are not created equal. Learn to identify the types and how to trade them. The talk of the crypto community in the past few months has been the gaps on the Bitcoin (BTC) CME (Chicago Mercantile Exchange) futures chart. Bitcoin trades 24/7 on major…
Read more