Bitcoin Correlation With Gold Now At Highest Level Since March

As a seasoned researcher with years of experience observing and analyzing market trends, I find the recent surge in Bitcoin’s correlation with Gold intriguing. The 0.75 correlation between these two assets suggests a significant positive relationship that hasn’t been this strong since March, indicating that investors are increasingly viewing Bitcoin as a digital form of … Read more

Bitcoin Capped Below $65,000 As RSI Falls Below 80 In Monthly Chart: Should You Worry?

As a seasoned researcher with years of experience in the cryptocurrency market, I have seen Bitcoin’s volatile nature firsthand. While it is heartening to see the world’s most valuable coin steady at $63,500 and up 30% from August lows, the current situation warrants caution. At the moment, Bitcoin is holding strong with its value exceeding … Read more

Ethereum Whales Spend $185 Million To Accumulate 70,000 ETH, Time To Buy?

As a seasoned researcher with years of experience in the cryptocurrency market, I find myself intrigued by the recent surge in Ethereum (ETH) activity. The whale-sized moves in ETH have caught my attention, particularly given the consistent mirroring of Bitcoin’s price action that Ethereum has shown. In simpler terms, similar to Bitcoin, Ethereum‘s price trends … Read more

Solana (SOL) Consolidates in Symmetrical Triangle – Analyst Reveals $160 Target On Breakout

As a seasoned researcher with years of experience in the cryptocurrency market, I find myself intrigued by Solana (SOL) at its current juncture. Having closely followed Solana’s trajectory and observed numerous market cycles, I can confidently say that this token is indeed at a critical crossroads. Currently, the price of Solana (SOL) stands at a … Read more

Bitcoin (BTC) Price Faces Midterm Uncertainty as Mt. Gox Signals $2.8B in Repayments Soon

As a seasoned crypto investor with over a decade of experience navigating the volatile digital asset markets, I find myself cautiously optimistic about the upcoming Mt. Gox repayment. Having lived through the bear market that followed the initial distribution, I remember the price action dropping significantly, but I also recall the subsequent bullish rally that … Read more