As a seasoned analyst with over two decades of experience in the financial markets, I’ve seen my fair share of political and economic cycles. The upcoming US presidential elections certainly seem to be stirring the pot for Bitcoin and other cryptocurrencies, making it an interesting time for us market enthusiasts. Another factor contributing significantly to … Read more
As a seasoned analyst with over two decades of experience in the financial markets, I have seen my fair share of market trends and cycles. However, the current state of Bitcoin (BTC) feels like uncharted territory, given its rapid growth and unique characteristics. According to analyst Miles Deutscher, there are indications that the leading digital … Read more
As a seasoned crypto investor with over a decade of experience in this volatile market, I’ve learned to navigate the turbulent seas of digital assets with a steady hand and a keen eye for opportunity. The recent decline in Cardano’s price has been a familiar dance, one that we’ve seen many times before. The cost … Read more
As a seasoned researcher who has witnessed the rollercoaster ride that is the crypto market, I find the current state of Bitcoin holders particularly intriguing. With over 95% of Bitcoin addresses showing profits, it’s hard not to feel a sense of FOMO (Fear Of Missing Out) for those who missed the boat early on. Almost … Read more
As a seasoned crypto investor with a knack for spotting trends and patterns, I see the current XRP price consolidation as a promising opportunity. The price holding above the $0.5400 zone is a positive sign, especially considering it’s trading above the 100-hourly Simple Moving Average. However, the bearish trend line at $0.5465 could pose a … Read more
As a seasoned analyst with years of market observation under my belt, I see Ethereum’s current consolidation above the $2,580 resistance as a promising sign for potential growth. The price’s steadiness and its strategic positioning above key technical levels like the 100-hourly SMA and the forming bullish trend line at $2,600 indicate a bullish outlook. … Read more
As a seasoned crypto investor with over a decade of experience navigating the volatile digital asset landscape, I find myself increasingly optimistic about Ethereum’s potential for a significant rally. The rise in open interest and the convergence of RSI levels, as highlighted by Percival, are promising signs that suggest a market rebound could be imminent. … Read more
Bitcoin‘s price remains stable above the significant barrier at around $67,000, suggesting a potential push towards further growth beyond the $68,350 resistance level. Currently, Bitcoin is gathering strength before potentially moving higher. Bitcoin remained stable and extended gains above the $67,500 zone. The price is trading above $67,400 and the 100 hourly Simple moving average. … Read more
As a seasoned researcher who has witnessed the rise and fall of cryptocurrencies over the past decade, I find the current state of Bitcoin (BTC) trading in South Korea intriguing. The reverse ‘Kimchi Premium’ is indeed a rare sight, last seen in October 2023, and it’s fascinating to see how market dynamics can shift so … Read more
As a seasoned crypto investor with a keen eye for market trends and a portfolio that has weathered numerous bull runs and bear markets, I find the recent analysis by CryptoQuant analyst Burak Kesmeci particularly insightful. The role of Spot Bitcoin ETFs in shaping the market stance is undeniably significant, especially given their influence on … Read more