First Such Signal in Bitcoin (BTC) History: Death Cross on 200W MA

This sign seems for the primary time in the historical past of Bitcoin (BTC). The 20-week transferring common (20W MA) has simply crossed under the 200-week (200W MA). Although the BTC value has by no means skilled such a scenario, maybe the correlation with the normal inventory market (SPX) will give us some clues. In … Read more

BTC, ETH Recover 6% Daily, XRP Soars 10% on Latest SEC-Lawsuit News (Market Watch)

After a number of days of free falls, bitcoin lastly turned the scenario round, gaining 6% in a day and reclaiming $19,000. The altcoins are additionally properly within the inexperienced immediately, with ETH surging by an analogous share. Interestingly, Ripple has emerged as immediately’s prime performer as soon as once more. Bitcoin Back Above $19K … Read more

Bloomberg’s Mike McGlone Predicts When BTC Will Tap $100K and ETH $6K

Mike McGlone – Senior Commodity Strategist at Bloomberg – argued that the crypto winter may last more than earlier market declines and the explanation for it’s the “Fed’s sledgehammer.” In the following few years, although, he expects the trade to emerge stronger than ever, with Bitcoin tapping $100,000 and Ethereum buying and selling at $6,000 … Read more

After a 12% Weekly Drop, BTC Needs to Protect This Level to Prevent Another Crash (Bitcoin Price Analysis)

The previous few days have been fairly difficult for the whole cryptocurrency, market, and Bitcoin is not any exception, standing above $18K. The subsequent few days could be deciding for the mid-term way forward for the whole market as a break under this degree may prolong the bear market significantly. Technical Analysis By: Edris The … Read more

Why Is Ethereum (ETH) Underperforming Bitcoin (BTC) Since The Merge?

The Ethereum (ETH) worth has fallen significantly since Sept. 11 nevertheless it has reached a confluence of help ranges which might provoke a rebound. After quite a few delays, the Ethereum merge lastly went reside on Sept. 15, remodeling the community to a proof-of-stake consensus. Now, earlier Ethereum miners have flocked to Ethereum Classic, drastically … Read more

Bitcoin (BTC) at Risk of Falling to Multi-Year Low After Likely Interest Rate Hike

Bitcoin (BTC) was rejected by a long-term resistance line final week and created a bearish engulfing candlestick. The value is at threat of breaking down from a long-term horizontal help space. The Federal Open Market Committee (FOMC) will meet on Sept. 20 and 21 so as to focus on how to deal with the inflation … Read more

Hope for Spot BTC ETF Grows Stronger After DEFI Launch Under the Securities Act 

The prospect of a physically-backed ETF or spot ETF received a lift with the launch of Hashdex Bitcoin Futures ETF (DEFI) on Thursday, media studies mentioned. The foundation for the optimism is that DEFI was filed underneath the Securities Act of 1933, not like different futures-backed ETFs, which had been underneath the Investors Act of … Read more

Bitcoin Tumbles Below $20K but is Another Drop Imminent? (BTC Price Analysis)

Bitcoin’s bearish stage appears far from over because the second rebound from the $18K help stage turned out into one other bull entice. The value is presently trying to interrupt a crucial help stage. Technical Analysis By Shayan The Daily Chart The cryptocurrency recovered from the $18K stage earlier in September after failing to surpass … Read more

Bitcoin (BTC) Gets Third-Ever Bullish Signal From These Two Moving Averages

For the third time in historical past, two necessary transferring averages made a bearish intersection on the Bitcoin (BTC) chart. Paradoxically, this may very well be a really bullish sign! Historically, it has led to giant will increase and initiated an accumulation part earlier than the subsequent bull market. Long-term transferring averages like to remain … Read more

Bitcoin (BTC) Looks Poised to Break out From This Pattern in Short-Term

Bitcoin (BTC) is displaying bullish indicators in the short-term which could lead on to a breakout from the present descending wedge sample. BTC has been falling since reaching a excessive of $22,781 on Sept. 13. The downward motion has thus far led to a low of $19,500 on Sept. 15.  The latter portion of the … Read more