As a researcher with extensive experience in cryptocurrency markets and Ethereum price analysis, I believe that Ethereum is showing signs of recovery after finding support near the $2,940 level. The bulls have managed to push the price above major resistance levels, including the 100-hourly Simple Moving Average and a bearish trend line with resistance at … Read more
As a seasoned crypto investor with several years of experience under my belt, I’ve seen Bitcoin’s price action through various market cycles. The recent dip below the $62,000 mark was concerning, but the support at $60,600 held firm, and the price has since started recovering. The price of Bitcoin rebounded slightly around the $60,600 mark. … Read more
As a crypto investor with some experience under my belt, I find the recent analysis on Bitcoin’s market conditions during its latest high and the 2021 peak quite intriguing. The distinction between long liquidations dominating over short ones in the current rally versus the trend observed in the previous bull run is a crucial insight … Read more
As a seasoned crypto investor with years of experience in the market, I’ve seen my fair share of price fluctuations and market trends. Van de Poppe’s analysis is a cause for concern, as Bitcoin’s current position at the lower end of its range could lead to a significant correction if it fails to hold. The … Read more
As a researcher with extensive experience in the digital asset industry, I find Grayscale’s Q1 revenue performance both intriguing and noteworthy. Despite facing significant outflows due to higher fees compared to competitors, GBTC managed to exceed expectations in terms of revenue attributable to the trust. This can be attributed to the overall increase in Bitcoin … Read more
As a seasoned crypto investor with a keen interest in technical analysis, I find the TD Sequential buy signal formed by Arbitrum (ARB) on its weekly chart intriguing. Having observed several market cycles and various indicators over the years, I believe that this potential reversal point could mark an opportune moment for entering or increasing … Read more
As a crypto investor, I’ve witnessed firsthand the impact of political statements on the industry, and Wednesday’s event was no exception. The former US President Donald Trump’s stance on cryptocurrencies during his gathering at Mar-a-Lago resonated with many in the community, leading to a significant price surge for the MAGA (TRUMP) memecoin. As a researcher … Read more
As an experienced analyst, I’ve closely followed the Bitcoin market for several years, and I find Pantera Capital’s bullish outlook on BTC‘s price compelling. The firm’s historical data and analysis based on Halving events provide a solid foundation for their predictions. The average duration of previous rallies, coupled with the consistent demand for new Bitcoin … Read more
As a researcher with experience in cryptocurrency analysis, I find Shin Forex’s analysis of Ethereum’s price trend compelling. The dwindling liquidity and the break below the support level of 0.05 in the ETH/BTC chart are clear indicators that Ethereum is currently outperforming Bitcoin negatively. Moreover, the historical precedent of a crash following similar price formations … Read more
As a researcher with a background in cryptocurrency and blockchain technology, I find the recent decrease in Bitcoin mining difficulty and the corresponding drop in hash rate quite intriguing. The data presented indicates that this is the largest adjustment observed over the past 18 months, which is significant for the Bitcoin network. As a researcher … Read more