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Ethereum (ETH) Skyrockets 18% in 3 Days as Bitcoin Taps $48K (Market Watch)

Aside from a brief price drop yesterday, bitcoin has continued its gradual price increase by exceeding $48,000. Most alternative coins are also in the green, with ETH leading the pack…

Continue ReadingEthereum (ETH) Skyrockets 18% in 3 Days as Bitcoin Taps $48K (Market Watch)

Bitcoin Golden Cross Just Took Place: What Does it Mean and What’s Next for BTC?

Bitcoin’s recent price surge has led to the formation of a golden cross as the 50-day moving average has gone over the 200-day moving average. Although it’s considered a lagging…

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Bitcoin Price Analysis: After BTC’s 2-Day Surge, Is $42.8k Local Bottom Confirmed?

BTC managed to close back above the critical 200-day moving average, boosting near-term technical momentum, driven by strong spot buying. The price pushed above a declining channel, signaling a near-term…

Continue ReadingBitcoin Price Analysis: After BTC’s 2-Day Surge, Is $42.8k Local Bottom Confirmed?

Bitcoin Reclaims $47K: Crypto Market Cap Recovers $150B in Two Days (Market Watch)

Bitcoin’s price has recovered most recent losses and spiked above $47,000 to tap a weekly high. Most altcoins are also in the green, including a 5% increase from Binance Coin.…

Continue ReadingBitcoin Reclaims $47K: Crypto Market Cap Recovers $150B in Two Days (Market Watch)

Business as Usual But Bitcoin Price is Immune: Another Chinese Province Bans BTC

Another Chinese province has decided to follow the example and halt cryptocurrency mining and trading. While this continues to be the ongoing trend coming from China this year, the price…

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After Extreme Walmart Volatility, Bitcoin Nears $46K: DOT Spikes 9% to 4-Month High (Market Watch)

The past 24 hours were highly volatile for bitcoin and the alternative coins. BTC saw a few multi-thousand dollar moves in both directions before calming around $46,000. On the other…

Continue ReadingAfter Extreme Walmart Volatility, Bitcoin Nears $46K: DOT Spikes 9% to 4-Month High (Market Watch)

Bitcoin Price Analysis: BTC Holds Critical Level at MA-200 for Weekly Close, Is the Sell-Off Finished?

After a week filled with volatility and fear, BTC still managed to hold the critical 200-day and 21-week moving average. Although the near-term charts look bearish, it is important to…

Continue ReadingBitcoin Price Analysis: BTC Holds Critical Level at MA-200 for Weekly Close, Is the Sell-Off Finished?

Bitcoin Slides to $44K as Cardano Dumps 12% Hours After the Hard Fork (Market Watch)

Bitcoin attempted another breakout above $46,000 but was rejected once more and has lost $2,000 since then. Most altcoins also bleed out, including massive drops from the high-flyers Solana and…

Continue ReadingBitcoin Slides to $44K as Cardano Dumps 12% Hours After the Hard Fork (Market Watch)