Usually, when talking about market structures and price trends, BTC and ETH are rarely compared. That is because their underlying fundamental values are immensely different. However, a certain whale said that ETH could be a better digital gold than BTC soon. ETH is considered to be an ecosystem backbone while Bitcoin is perceived as a […]
Lately, LINK’s price action has been on par with ETH’s. however, it is starting to gain some independent momentum and break free of this correlation. It should shatter one key resistance level or it would face a $7.50 plunge. This happens as the wider crypto market keeps its climb, with altcoin soaring as BTC hovers […]
Just under one year ago, Bitcoin has definitely come a long way. The March 12th selloff sent the cryptocurrency to lows of $3,800. It has witnessed exponential upside growth at this point. Despite the recent selloff, Bitcoin stabilizes under $18,000. One certain analyst is saying Bitcoin won’t anymore see sharp selloff events like this one. […]
The overnight plunge seen yesterday evening by the aggregated crypto market has struck ETH real hard. The cryptocurrency saw a fast and unrelenting plunge that sent it to lows of $450 on some trading platforms after setting new 2020 highs of $495 with BTC’s push towards $19,000. Within the course of a few minutes, this […]
After approaching $18,500 on Coinbase and Binance, Bitcoin then sharply dipped. An analyst shared some reasons for this crash. Moreover, the top analysts predicted institutional investors will buy the dip. Bitcoin’s price dropped intensely after nearing $18,500 on Coinbase and Binance. The downtrend happened when huge sell orders were transacted on both futures and spot […]
In August Preston Pysh foresaw crazy gains for the rest of this year. Considering Bitcoin is just $2,000 off record levels three months later. The possibility of Bitcoin achieving a fresh all-time high by Christmas is starting to fade. However, back in August, one certain analyst has called current levels. On November 18, consumer investment […]
Alex Kruger, an economist, and a well-known market analyst is not worried when it comes to medium-term trends even though it had a recent price weakness. He also said that before 2020 ends, there is a possibility that Bitcoin could pull a “Tesla”. In the coming months, it could pull off a Tesla-like rally, according […]
On the 12-hour timeframe, the price of Bitcoin has dipped below the parabola. However, traders are not calling for a big correction yet. Traders were saying over the weekend that BTC price overcame its parabolic uptrend which could be traced back to September. Now, as the dominant cryptocurrency eyes consolidation, technical analysts are preparing for […]
Throughout the past week, the decentralized finance sector has established huge gains with all the “blue-chip” tokens. Moreover, as bulls flood back into the embattled fragment of the crypto market at full speed, there was an explosive momentum. Analysts are expecting ETH and DeFi to go on a “stupid run”. That time when DeFi darling […]
Since the $16,500 highs set a few days ago, Bitcoin has encountered a little retracement. Nonetheless, a leading analyst stated that Bitcoin’s on-chain fundamentals are still bullish. As of this article’s writing, the leading cryptocurrency has dropped to $16,000. Moreover, on Saturday morning, it fell as low as $15,700. Despite all these, Willy Woo, a […]