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As BTC gears up for its 4th halving event, anticipated to bolster demand and prices, recent bullish indicators have heightened market optimism.As Bitcoin enthusiasts eagerly anticipate the upcoming...
Bitcoin clung to the $51,700 support at the start of the week, but signs of weakened buying support emerged as it retraced towards $51,000 amid intensified selling pressure. Short-term analysis...
In our last update on Bitcoin (BTC), from almost a month ago, we found that based on our Elliott Wave Principle (EWP) count: “…BTC should now be in (grey) W-a of green W-2. …...
Bitcoin's surge to the $52,000 range was fueled by strong demand for the spot Bitcoin ETF. This rally is currently showing resilience even as this week's CPI data exceeded expectations. Facing...
Bitcoin's surge above $52,000 has contributed to the broader crypto market's renewed bullish momentum. Ethereum has recently gained bullish momentum, breaking out from a sideways phase and approaching...
Bitcoin has recently surged above $50,000. Meanwhile, yesterday's inflation report came in above expectations. If the crypto can stay above $50K, the next psychological barrier is at $60K. In 2024,...
The stars seem to be aligning for Bitcoin in 2024 - the upcoming Chinese "Year of the Dragon" is predicted to fuel major gains. After a turbulent year of price volatility in 2023, Bitcoin (BTC) has...
Bitcoin recently surged, overcoming short-term hurdles, with a focus on key resistance levels at $46,675 and $47,150, paving the way for a potential move towards $50,000. The upcoming halving in April...
Bitcoin Enters Accumulation Phase Post ETF Bitcoin's price has been range bound over the past week, trading between $42K and $43.5K as the excitement around the spot ETF approvals continued to...
Ethereum (ETHUSD) topped on January 12 at $2717, a day after Bitcoin topped on the approval of spot Bitcoin exchange-traded funds (BTC-ETFs). A classic “buy the rumor, sell the news”...
The U.S. Federal Reserve maintained interest rates between 5.25% and 5.5% yesterday, aligning with the widespread market predictions.During his speech, Fed Chair, Jerome Powell, also managed to reduce...
Cryptocurrency markets are facing renewed selling pressure as a whole in February, thanks to the Fed's comments. However, some cryptos have been in a sideways trend and could be bracing for a...
This week, Bitcoin's technicals have signaled a potential shift in its recent downtrend. The crypto found support around $39,500, raising hopes that the correction is ending. Potential trend reversal...
The three major stock indexes in the U.S. – the S&P 500, Nasdaq, and the Dow Jones Industrial Average – have all notched new all-time highs this week.This rally is happening despite...
In our last update on Bitcoin, where we presented a forecast for 2024, we found that based on historical evidence, “BTC moved late November/early December from the Early-Bull phase into its...