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The past seven days were relatively unproductive in the cryptocurrency markets – at least in terms of price development, but this doesn’t mean there wasn’t volatility. The total capitalization seems…
Bitcoin’s price appears to be preparing for another bearish move after a lengthy period of consolidation between the $20K and $24K levels. With the current price action, a new low…
Federal Reserve chairman Jerome Powell spoke about FOMC’s future goals at the annual Jackson Hole symposium on Friday. He said that FOMC’s overarching directive remains to bring inflation back down…
Bitcoin’s price has failed to overcome the critical resistance level at $25,000 and has since retraced to where it currently trades at $21,500. Since August 15th, the cryptocurrency has lost…
After a slight recovery towards the $24K level, the 100-day moving average has successfully rejected the price. The result was the breakout of the 50-day moving average. Since then, BTC…
The cryptocurrency market slumped over the past week, approaching a total capitalization of $1 trillion. This happened as Bitcoin lost about 14% since August 15th and currently struggles above the…
The most recent outlook for Bitcoin is not overly promising, as the price has been rejected from a key technical resistance level and is breaking below support levels. The recent…
The cryptocurrency market is going through a rough patch, with the last few days seeing billions wiped off its total capitalization. Bitcoin has pulled below $21K once again. All in…
Bitcoin had seen a short-term uptrend, which acted as a correction to the longer term’s downside action, which lasted for the past months. However, this rally might have come to…
Bitcoin and Ethereum slumped by double-digit percentages weekly after tapping multi-month highs last weekend. This resulted in over $150 billion gone from the entire market cap. Somewhat expectedly, the Fear…