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The latest trigger for Bitcoin’s rally comes from the First Republic Bank (NYSE:FRC) earnings report and rumors of federal seizure.For a long time, after Bitcoin launched, it was commonplace to...
Two weeks ago, see here, we found for Bitcoin (BTC) “According to the Elliott Wave Principle (EWP) count, our preferred weapon of choice in assessing where the price goes most likely next, BTC...
Gold In the commodity market, gold has started to lose its mojo, and the main reason behind it is its strength is the dollar index. The commodity report by CompareBroker indicates that demand has...
Bitcoin at April lows but the depicted internal trendline is offering some weak support going into weekend. Still too early to call this a buy-the-dip opportunity. Original Post
Bitcoin achieved primary extension targets and seems to be rolling over from 30k. Original Post
Bitcoin and Ethereum took a tumble recently. Bitcoin dropped over 5% to $28,500, while Ethereum fell 8% to $1,920. To confirm a rebound, Bitcoin needs to stay above $28,750, and Ethereum needs to stay...
Two weeks ago, when Ethereum (ETH) was trading in the $1860s (see here), our primary expectation based on the Elliott Wave Principle (EWP) was,"Thus, the green W-1, 2; grey W-i, ii setups we have been...
A new report from crypto research firm K33 Research suggests that Bitcoin could hit the $45,000 mark by May. The report argues that BTC’s current drawdown and recovery cycle is very similar to...
On the cryptocurrency front, the majority of attention is being directed on Ethereum, which is the second biggest cryptocurrency as measured by market capitalization.The long-awaited upgrade was...
Ether did not face significant selling pressure following its latest blockchain upgrade.Ethereum finalized its transition to the proof-of-stake (PoS) mechanism after completing the...
Global markets acted relatively calm during the shorter week of Good Friday and Easter.However, on Wednesday this week, the markets experienced a renewed sense of excitement following the release of...
I first discovered Bitcoin when studying philosophy in 2015. Back then, it was largely considered a radical new idea with an uncertain future.I’ve seen it go through many phases throughout the...
With less than 24 hours until “Shapella” Ethereum is hovering just below $1,900.Throughout Tuesday, April 11th, Ethereum was maintaining a price close to $1,900, albeit it was declining...
The total cryptocurrency marketcap surged to $1.2T in 2023.One day before Ethereum’s Shapella upgrade, Bitcoin broke the $30,000 psychological threshold. While the total crypto market cap is 84%...
After weeks of hanging around $28,000, Bitcoin ($BTC) finally broke free to the upside, conquering its Fibonacci resistance level. This is an impressive move. For crypto to really get cooking,...