We had a positive, yet volatile, week in the crypto markets. Bitcoin’s price returned to the range of $10K and the Altcoins were following right behind. After a month of declines, the market seems to be stabilizing. We expect that a sharp rise in Bitcoin’s price will have a negative...
After a month of sharp declines, we have finally seen a green week. Although many traders and technical analysts think the bottom of recent correction to stop at $6K, it does not mean that the red days are behind us. Pantera Capital seems to believe that the bear market...
The correction down continues. There was a significant drop in the trading volume, partly due to the announcement of futures contracts. At the moment, we feel a sense of stability because of strong support at 10K, technically it does not seem to hold. However, one must take into account...
After an ongoing Bitcoin rally, in which the price reached around $20K, came the correction. However, since the correction, it appears that the price has been gaining support and the volatility in the price is decreasing. The break in the rally is seen also with the dominance of Bitcoin,...
Congratulations to Bitcoin! Today is January 3rd, nine years ago, the first block of Bitcoin network was mined by Satoshi Nakamoto. Congrats also that the network fees have dropped a bit recently. The correction, which began with the start of trading in the CME future contracts, continued this week, as...