Volatility? What volatility? Where did it go? Suddenly Bitcoin seems to have forgotten its most identifying trait, to be the most volatile asset class in history. For the past thirty days, there have been several fits and starts, but the world’s favorite cryptocurrency has displayed fairly stable price behavior of late, as if Bulls and Bears had…
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Bitcoin Bulls and Bears seem to be honoring a “D-Day” truce, as market volatility has waned. The crypto leader has been ranging within tight boundaries between $7,600 and $7,800, but bears appear determined to bring about the 30%+ correction that everyone has been speaking to for weeks on end. One pundit accepts the “calm” as…
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Crypto analysts are a happy lot these days. It is decidedly more fun arguing over how high Bitcoin can go, rather than defending the crypto leader amongst a rabid group of critics. Bitcoin’s meteoric rise has been a thing of beauty, yielding ample opportunities for the use of technical analysis (TA) to justify its current…
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We are running out of adjectives and adverbs to describe the meteoric rise of Bitcoin, a repeating record that excites, but no one wants the music to stop. History has already ruled once on Bitcoin’s asymptotic slope to higher realms, as analysts quickly draw comparisons to times gone by in 2017. Every phase of that…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for May 27, 2019. The text below is an excerpt and does not contain the full analysis. Traditional Markets Today is a bank holiday in the UK and in the USA. So volumes are likely to…
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The recent meteoric rise of Bitcoin has confounded the experts, who rely on their technical charts and the messages that result from their favorite indicators, trend lines, and levels of support and resistance. Bitcoin, however, is marching to the beat of a different drummer, driving the analyst community to question everything and to slice and…
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The Crypto-verse is multi-faceted, with several moving parts and just as many active participants in the current Bitcoin phenomenon. Yes, BTC is not the only token that has been rising quickly, but when you take into account that Bitcoin’s share of the market has risen from 50.5% in March to 56.1% at current prices, you…
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Crypto enthusiasts are beside themselves with glee. The apparent excitement on Twitter feeds and other social media is palpable. Bitcoin continues to amaze, as it strikes out for new 2019 conquests. Tyler Winklevoss, the co-founder of the Gemini exchange, perhaps, summed it up best in his recent Tweet: Bitcoin breaking 8k this time around feels…
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Bitcoin continues to amaze of late, rising more than 40% in the past month. It rose more than 15% over the past weekend, astounding even the most enthusiastic of supporters, bounding over $8,100 and dancing about, as the bulls remain in control of this market. Analysts can point to one or two or maybe even…
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We already announced earlier that Bitcoin had broken the $8,000 barrier. The news has left many investors wondering whether we’re on our way to another crypto bubble. Blockchain and crypto experts from IOST (the application-ready, public blockchain and Top 50 coin) and Travala.com (the blockchain-based hotel booking platform) have shared their commentary on the recent…
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