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London-based banking corporation, Standard Chartered (OTC:SCBFF), adjusts its Bitcoin prediction for 2024 from $100,000 to $120,000, citing increased miner profitability. Standard Chartered has raised...
Ahead of US inflation data, Bitcoin remains trapped in a sideways trend Ethereum, on the other hand, remains bullish Will a favorable CPI spark a rally in both cryptos? Bitcoin has been stuck in a...
As the Bitcoin/Gold Ratio reaches 16.0, it calls up a crucial area, equivalent to two major inflection points in Bitcoin's past: The 2018 top and; the 2021 summer bottom. What will it be this time? A...
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Global markets are still facing headwinds, with the latest Fed minutes revealing that the decision to pause the 10-month consecutive rate hike was vigorously debated. Following the hawkish sentiment...
Bitcoin continues trading sideways Meanwhile, Ethereum remains volatile Overall, bulls are very much alive for both cryptos Bitcoin's attempts to break above $31,000 have been feeble in the past week....
Last week, see here, we found using the Elliott Wave Principle (EWP), Bitcoin (BTC) made an almost picture-perfect Fibonacci-based impulse pattern on several wave degrees, and we were looking...
Last week, we found: “Ethereum (ETH) made an almost picture-perfect Fibonacci-based impulse pattern...from last week’s low where green waves 1, 3, and 5 topped and bottomed almost precisely where they...
Bitcoin is facing resistance at the $31,000 level after rallying, thanks to continued institutional interest Ethereum is also on the rise, but momentum is not as strong as Bitcoin's Overall, the...
ETH/USD made an almost picture-perfect Fibonacci-based impulse pattern from last week’s low where green waves 1, 3, and 5 topped and bottomed almost precisely where they ideally should (green boxes)....
Bitcoin (BTC) made an almost picture-perfect Fibonacci-based impulse pattern, from last week’s low where grey waves I, iv, and v topped and bottomed almost precisely where they ideally should (green...
Bitcoin broke below $25,300 after Fed's decision Meanwhile, Ethereum tested $1,750 resistance Can both cryptos break out of the bearish trend this week? Bitcoin broke below $25,300 last week, but...
Even if you’ve never touched crypto, don’t disregard its breakdown. My view is that this diminishment will find its way into equities in short order, as it has so many times in the past.
Global markets experience a calmer outlook as inflation continues to decrease. The latest US CPI figures came in at 4% year-on-year, recording the lowest reading since March 2021. For the first time...
The SEC is targeting lawsuits against major digital currency exchanges Cryptocurrencies have been under pressure recently as a result Meanwhile, Bitcoin is testing a key technical area Last week, the...
After months of signaling, the US Securities and Exchange Commission (SEC) filed charges against Coinbase (NASDAQ:COIN) and Binance, the two largest cryptocurrency exchanges in the world. The moves...