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Over the past few days, Bitcoin has held $6,000 time and time again, managing to close 20 four-hour candles about this psychological level in succession. But, the cryptocurrency just an hour ago closed a four-hour candle beneath this support, cementing BTC’s reversal from $7,000. Related Reading: Bitcoin Bulls Roar as U.S. Politician Proposes ‘Two $1 […]

With Bitcoin and other financial markets, a certain seasonality and cyclicality exists. Some chalk this up to coincidence, while others seek to try and capitalize on any opportunity to predict recurrence. With Spring just around the corner, typically an event signifying new growth and a return to light, could it be the seasonality change that […]

Last week, the cryptocurrency market valuation was cut in half in less than 48 hours, wiping out over $100 billion value. The catastrophic collapse, however, could be the final shakeout before “moon,” according to one crypto analyst who bases the theory on the fall acting as a retest of downtrend line support – support that […]

Bitcoin logged its wildest week for the first time in seven years, plunging by more than 50 percent after a sell-off sparked by the worsening Coronavirus pandemic. The benchmark cryptocurrency on Friday crashed from $8,187 to $3,858 with a matter of 30 minutes. A rebound ensued and took prices up to $5,995. Traders ignored putting […]

There exists a Wall Street Cheat Sheet that depicts the natural psychology that investors go through during a market cycle, and frighteningly, Bitcoin and the rest of the crypto market appear to be following this course nearly exactly after the latest collapse. Is the crypto market entering the anxiety phase, with real panic, capitulation, anger, […]

Bitcoin fell about 30 percent in just 30 minutes this Thursday. Gold plunged nearly 3.65 percent at the same time. Which asset lost more? Of course, Gold. The above statement was made to catch the attention of Mr. Peter Schff (Hey!), a famous gold bull, and among the few analysts that predicted the 2008 financial […]

After closely hugging $8,000 for three or four hours, Bitcoin finally lost the support of $8,000 just minutes ago, plunging as low as $7,900 as of the time of this article’s writing and per data from TradingView. Per data from Skew.com, this latest leg lower, which is the fifth of its kind in the past […]

Historically speaking, gold is the most enduring store of value asset the world has ever known. However, there’s a new kid on the block in the form of Bitcoin.  Whilst gold served its purpose in the days when taking a trip outside of the borders of one’s home country was a serious undertaking, the modern […]

A relatively new economic stimulus intended to promote growth is fast becoming the norm around the world. The proliferation of negative interest rates at central banks in Europe and Japan makes an increasingly strong case for Bitcoin. Negative interest rates are supposed to provide incentives to invest and by extension to encourage economic growth. However, […]

During the start of last year, following the inception of the Binance Launchpad, IEO tokens, or initial exchange offering crypto tokens, became all the rage. They exploded onto the crypto scene with much hype, and rocketing values, and even helped each platform’s native exchange token thrive throughout the year. But after such an explosive debut, […]