What you should know about Ethereum’s make or break moment
May-June has passed by the crypto-space in a flash and the 2nd quarter of 2021 is reaching its conclusion. However, there is still one major event left for Ethereum, and it could essentially change the course of its price action going forward into Q3. Within the next 24 hours, Ethereum Options will be undergoing its […]
If these players play their cards right, Bitcoin may re-establish bullish leg
The current week is turning out to be a roller-coaster ride for Bitcoin and its investors. It started with Bitcoin being valued at just above $35,000, but the asset declined by 11.21% on the same day. In fact, BTC’s price got worse the following day and Bitcoin touched a new regional low of $28,800. Now, […]
How is Solana managing to stay relevant?
When Bitcoin drops the ball, most Altcoins follow its lead in the market. A similar story unfolded last month when the crypto market collectively nose-dived in the charts. Yet, there is one asset that didn’t really buckle much under bearish pressure. Solana or SOL token has been impressive in 2021 but it has probably turned […]
Is #buythedip the right call for Bitcoin, Ethereum and Altcoins now?
There is something extremely unique one notices during a cryptocurrency meltdown – the optimistic lot take to social media with their #buythedip sentiment. Be it the Bitcoin community, or popular Altcoins in general, there is a sense of looking beyond the horizon and perceiving the current market situation as an opportunity. That has been the […]
No one expected this asset to push Bitcoin’s case in the bearish direction
Over the years, Bitcoin has also been subjected to comparison with other assets. Be it major traditional stocks such as Dow Jones or S&P 500, or commodities such as Gold. Correlations between these assets have varied over time and often BTC has been able to ride on the greener side of things. Yet, the market […]
Bitcoin hashrate & miners: The good and bad you need to know
“Drop down” seems like a trend for Bitcoin at the moment: From its price ‘dropping down’ over the past few days, with Social Sentiment was also seen dropping since May 19th. Now hashrate was also, well, ‘dropping down’. According to data from blockchain.com, the Bitcoin hashrate has dropped significantly over the past few days, recording […]
Bitcoin and Ethereum – Assessing whether we are in a bear market or not
Bitcoin and the rest of the digital asset market have failed to consolidate above their strong resistances yet again. However, the prevailing situation has become a little more bearish of late, with the world’s largest cryptocurrency unable to hold a position above its immediate support levels. So has been the case for most altcoins too. […]
What these Ethereum, Chainlink, Binance Coin market players are up to
The cryptocurrency market is evidently going through yet another free-fall period. In fact, the price of a major asset like Bitcoin has dropped below $35,000. With Ethereum, the situation was a little worse as its valuation dropped below $2,150 for the 1st time since 24 May. However, while price action screamed bearish on the charts, […]
Bitcoin: Is this the price target after ascending channel breakout?
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice While Bitcoin trailblazed itself above $40,000 when the week began, Bitcoin hasn’t been able to stop bearish pressure from taking over. The past 4 days have been painted in red, with the king coin […]
What does the upcoming death cross mean for Bitcoin now?
Bitcoin‘s price has continued to fall over the past 4 days. What’s more, it has only strengthened the inevitable case for the Bitcoin Death Cross. Many analysts and market commentators have spoken about its potentially alarming impact on the market. In fact, right now, the market at large is already on shaky grounds, so another […]
Why is 25th June critical for Ethereum?
Ethereum reached an all-time high valuation of $4375 on 9 May 2021 but the elation investors felt was short-lived. It registered a decline of 56% within a week, dropping down to $1880, following which another low at $1728 was observed. Now, over the past few weeks, the asset has made recovery above $2000, but collectively, […]
This strategy for Bitcoin has been profitable since 2014
There are various commonalities between ‘almost’ Bitcoin investors. When the bullish cycle is in full force, these investors claim that they will buy in when market correction takes place. When corrections unfold, they remain uncertain whether to enter or not, and thereby, possibly miss entry opportunities. The current market structure presents the same dilemma. It […]