Traders Blog - Analysis, Strategies, News and more: Tag - tags.crypto1
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...
Pressure in the global financial markets and emotional Trading!
More BTC wallets are getting red! While ahead of Powell's speech in Jackson, whole financial markets around the globe were getting more cautious, Glassnode's On-Chain data show that more wallet's turning red as of Aug. 23 than at any time in the...
Crypto market in Sell-off mood, reasons, and outlook
Difficulties that the market must endure before growthBitcoin most days of August was trading stable between 22,000 and 24,000 USD. On Friday suddenly fell towards 22,700 and then continued to lose more to 21,404 US dollars, to a three-week low with...
BTC and the best monthly performance since October 2021!
BTC bearish period ended?Bitcoin is trying to record its best monthly gain since last October, gaining by 3.27% to $23,448.70. Earlier today, BTC could test the 24,500 USD as well. On 26 July, Bitcoin started its latest uptrend; however, the mar...
BTC: Can we see another crash before longer-time bulls?
Despite the recent correction, Bitcoin is still trading under 200 Weekly MA.In the BTC chart, traditionally 200-weekly moving average is significant, especially for long runs. As we could see in the past few days, Bitcoin also had some corrections in...