Bitcoin price started a fresh decline from well above USD 51,000. BTC settled below USD 50,000 and showing bearish signs. It is currently (15:17 UTC) trading near USD USD 49,00 and there is a risk of a sharper decline. Similarly, most major altcoins are gaining bearish momentum. ETH traded below USD 3,920 and the…
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Bitcoin price tried to gain strength above the USD 51,800 resistance. However, BTC failed to continue higher and formed a short-term top near USD 52,000. It started a fresh decline and is currently (04:50 UTC) trading near USD 49,000. Similarly, most major altcoins are also moving lower. ETH broke the USD 4,020 and USD…
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This week, bitcoin’s market dominance among the market capitalization of all 12,046 crypto assets in existence has been hovering above 38%, while ethereum’s overall valuation commands 19% dominance. A report published on Monday shows that since 2014, the market share of altcoins surged threefold from 21% in 2014, to today’s market share of 62%. Report…
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Bitcoin price settled above the USD 50,000 level. BTC is currently (11:51 UTC) facing a strong resistance near the USD 51,200 and USD 51,500 levels. A close above USD 51,500 is needed for a sustained upward move. Similarly, most major altcoins are trading below hurdles. ETH is stuck below the USD 4,120 and USD 4,150…
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Bitcoin price corrected lower from the USD 51,500 zone. BTC tested the USD 50,000 zone and is currently (04:56 UTC) trading around USD 51,000 again. A clear move above USD 51,500 may possibly push the price towards the USD 53,000 level. Similarly, most major altcoins are also rising. ETH could accelerate if there is a…
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Bitcoin price gained pace for a move above the USD 50,000 level and even surpassed the USD 50,500 level. It is currently (11:30 UTC) showing positive signs. An upside break above USD 51,200 could spark a fresh rally in the near term. Similarly, most major altcoins are slowly gaining momentum. ETH is stable above…
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Bitcoin price formed a base and accelerated above USD 48,500. BTC bulls pushed the price above the USD 51,000 zone. It is currently (04:18 UTC) up 5% and there could be a minor downside correction. Similarly, most major altcoins are also rising. ETH increased 3%, is back above USD 4,000 and there was a…
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During no other time of the year are humans more open to the idea of miracles than now. But what about a crypto Christmas miracle for Bitcoin? Rather than the miracle being the premise for a holiday flick, it is possible that the appearance of a backtestable technical signal puts in a miracle-esque bottom for…
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Bitcoin price started a downside correction below USD 49,000. BTC traded below USD 48,500 and is currently (12:12 PM UTC) showing bearish signs. A close below USD 48,000 might spark more downsides. Similarly, most major altcoins are stuck in a range. ETH is trading below USD 4,000 but well above USD 3,880. XRP is…
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Bitcoin price attempted an upside break above the USD 49,500 zone but failed. BTC started a downside correction below USD 49,000. It is currently (04:21 UTC) trading below USD 48,700 and there is a risk of a move towards USD 47,500. Similarly, most major altcoins are also struggling to gain momentum. ETH topped near…
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