Traders Blog - Analysis, Strategies, News and more: Tag - Bitcoin
Bitcoin and Crypto Market
No encouraging reason for changing the overall downtrendAs we can see in recent months cryptocurrency market moves in sync with the stock markets. As overall financial markets were hit by central banks' tightening policies and a risk aversion sentime...
Bitcoin downtrend resumed – will the downtrend persist?
Bitcoin price is back above $18,500 currently. A glance at the daily chart reveals the price retreated five out of seven sessions last week – closing lower on the week! The downward trend reasserted itself again last week – the price is moving to tes...
Ripple and major Cryptocurrencies (XRP, BTC, ETH)
What happened to Ripple and its overall outlook?During last week and the first days of this week, the cryptocurrency market was influenced by the news about Ethereum and its merge. While many were waiting for a bullish sentiment for Ethereum, it defl...
Bitcoin rebound halted – will the downtrend resume?
Bitcoin price is below $18,500 currently. A glance at the daily chart reveals the price retreated four out of seven sessions last week – giving back all of the previous week’s gains! The downward trend reversal was completed last week – but it looks...
Ethereum Merge and Cryptocurrency market!
Nothing stops the bears!The overall downtrend started in November 2021 and continues to bring the crypto market capitalization under $1 trillion, despite last week's biggest price gain in six months, which could bring the crypto market capitalization...