Cryptocurrency Analysis & Opinion

Since early September, we have been tracking Bitcoin’s (BTCUSD) in preferably, what’s called in the Elliott Wave (EW), an “Ending Diagonal.” In our previous update from two weeks ago, we...

Geopolitical tensions and strong U.S. data have pushed Bitcoin down to support near $60,000. Today’s Non-Farm Payroll report may spark volatility, impacting Bitcoin’s recovery. Key resistance at...

Except for 2022, the month of October since 2020 has seen Bitcoin’s price swing up over 27% from the beginning to the end of the month. Over the last 10 years, Bitcoin gained just over 21% on average...

The Fed’s dot plot shows consensus on more rate cuts ahead and that could prove bullish for financial markets While it might raise concerns about inflation, Bitcoin stands to benefit. Source: FOMC...

Bitcoin's rise to $65,000 is fueled by liquidity and institutional interest in spot ETFs. A brief dip from Mt. Gox news hasn't dampened strong demand as it nears key resistance. With PCE data due,...

The upcoming presidential election raises questions about what comes next for Bitcoin. Trump's victory could boost cryptocurrency markets significantly. Harris’s unclear stance on crypto may not...

In our previous update, see here, we found that: “Since our preferred analysis method is the Elliott Wave Principle (EWP), [Bitcoin’s (BTCUSD)] “sloppy” price action remains open to interpretation....

Bitcoin's momentum strengthens as it approaches crucial resistance levels. Ethereum shows signs of recovery, with key support and resistance levels in play Both cryptos face a pivotal weekend;...

Bitcoin’s rebound faces resistance at $59,000 but may rally to $65,000 if it breaks above that level. Key support at $55,800 is crucial; a drop could lead to further declines. Watch for...

The largest cryptocurrency, Bitcoin (BTC/USD), bottomed out on August 5 at $49,202, rallied overlappingly until the end of the month, and sits as of writing at around $56,644. An 15% gain in a month...

Like many others, the second-largest cryptocurrency, Ethereum (ETHUSD), bottomed on August 5 at $2121, rallied overlappingly until the end of the month, and sits today at around $2480. It's not the...

Bitcoin has retreated this week, despite other risk assets doing well this week. Short-term traders may have exacerbated the decline by selling into last week's rally. Bitcoin's technical outlook...

After surging, Bitcoin is currently hovering near a crucial resistance zone. A sustained move above this could reignite bullish momentum. While a drop below the 200-day moving average at $63,419...

Although in our previous update from late July, we were, correctly, looking for lower prices ($60+/-2K), we got more than we bargained for as prices reached $49K on August 5. Moreover, we...