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Archiv für Mai 2020

There Isn’t Anything Crypto Altcoins Do That Bitcoin Won’t Do

Ever since the peak of the 2018 crypto bull market, Bitcoin has been front and center for most investors. Bitcoin dominance — the percentage of the cryptocurrency market made up of BTC — has doubled from the 33% lows, while a number of altcoin projects have died out due to funding issues and a lack…

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Bitcoin Could Surge Past $10,000 as Ethereum „Hammers“ Higher: Top Analyst

Bitcoin and the rest of the crypto market have performed extremely well over the past few days, bouncing 10% from last weekend’s correction lows. Though one cryptocurrency has been dramatically outperforming all the rest: Ethereum. The second-largest cryptocurrency and foremost altcoin was up 10% on Saturday, surging higher on the back of an influx of…

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Here’s the Level That May Trigger a Big Rally

In just a day, Bitcoin will close the May’s price candle. Analysts say that this close will be crucial for indicating in which direction the cryptocurrency market heads next. Analyst Eric “Parabolic” Thies, for instance, recently identified a level that bulls should close above to confirm that more upside is in the works. The Key…

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This Technical Pattern Signals Bitcoin is About to Explode to $12,000

Bitcoin saw a sharp overnight rebound that allowed it to reclaim its position within the mid-$9,000 region This came about after a period of weakness as it traded within the lower $9,000 region It now appears that the crypto’s recent volatility has allowed it to form an incredibly bullish technical formation If it posts a…

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The Last Time This On-Chain Signal Was Seen, Bitcoin Rallied 2,000%

Bitcoin remains below key resistances, but this hasn’t stopped investors from becoming extremely bullish on the asset. Key on-chain data indicates that the propensity that Bitcoin investors have to hold their coins is almost at all-time highs. Along with accentuating the optimism of crypto-asset holders, this is also a similar trend seen at the start…

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Key Derivatives Data Show Crypto Investors Are Finally Betting on a Rally

The past few months and years have seen derivatives become increasingly important to crypto. This is largely due to the introduction of more institutional-centric fund managers, which can use vehicles like futures and options to hedge risk and maximize profits. As a result, the data the crypto derivatives markets provide have become increasingly important to…

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Ethereum’s Rocketing Funding Rates a Grave Sign for Its Ongoing Rally

Ethereum has been severely underperforming Bitcoin in recent times, but this appears to be shifting as the cryptocurrency posts a breakout rally while BTC declines This uptrend has come about as long positions for the cryptocurrency rocket higher, reaching a fresh all-time high this week In tandem with this, ETH’s funding rate has also grown…

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