▫️#BTC (three-hour timeframe). Bitcoin decreased to $68,300, where buyers took the initiative. The asset surpassed the important trading level of $69,000 and continued its upward movement after a retest. The Volume Balance…
Category: Crypto News
Daily Market Overview and Insights: March 13
#BTC (3-hour chart): Bitcoin reached a new all-time high of $73,650 on Binance. After initially breaking through $73,000, there was a minor pullback to the $69,000 trading level, which served as support…
Daily Market Review and Thoughts: March 12
Bitcoin (BTC) has set a new all-time high at $72,800 on Binance, according to the four-hour timeframe. The upward movement surpassed the upper Bollinger Band line, confirming buyer dominance in the current…
Daily Market Review and Thoughts: March 11
Today’s insights into the cryptocurrency market reveal significant movements for both Bitcoin and Ethereum, alongside notable activity in altcoins and staking developments. Bitcoin’s (BTC) Three-Hour Chart Analysis: Following a period of consolidation…
Daily Market Overview and Thoughts: March 9
The cryptocurrency market continues to offer a fascinating playground for investors and enthusiasts alike. As we delve into the daily dynamics of this vibrant ecosystem on March 9, a few key developments…
Daily Market Overview and Insights: March 8th
Bitcoin (BTC) Eyes New Highs Amid Market Optimism On the four-hour timeframe, Bitcoin buyers maintain control above the Point of Control (POC) level, now shifted to $67,100. Trading above the 20-period moving…
Daily Market Review and Insights: March 7
Bitcoin’s Market Struggle and Potential Direction Bitcoin (BTC) is currently experiencing significant market contention around the Point of Control (POC) price of $66,800, as observed on the two-hour chart. Despite several attempts…
Daily Market Review and Thoughts for March 6th
#BTC (4-hour timeframe)**: Bitcoin reached a new all-time high, climbing to $69,129 on the Coinbase exchange, followed by a sell-off. A cascade of liquidations of long positions briefly drove the price down…
Daily Cryptocurrency Market Review: March 5th
Bitcoin (BTC) Update: In the recent surge, Bitcoin came close but fell slightly short of reaching its all-time high. Consistent with our previous analysis, BTC encountered resistance along the trend line marked…
Introducing the “Bitcoin Power Law”: A Mathematical Forecast for Bitcoin’s Future Value
A new pricing model, the “Bitcoin Power Law,” offers a mathematical perspective on Bitcoin’s future value, merging principles of algebra with natural laws to predict unprecedented heights for Bitcoin. This blend of…
Daily Market Review and Insights: March 4
On March 4, the cryptocurrency market showcased noteworthy movements, particularly with Bitcoin (BTC) and Ethereum (ETH), alongside significant developments in the decentralized finance (DeFi) segment and altcoin updates. Bitcoin’s Bullish Momentum Continues…
Federal Reserve’s Balance Sheet Shrinks by $14 Billion in a Single Week
The financial landscape is always evolving, and recent movements in the Federal Reserve’s (Fed) balance sheet have caught the attention of investors and analysts alike. Here’s a summary of the latest developments…
Daily Market Review and Insights: March 2nd
Bitcoin’s Bullish Flag Formation: On the four-hour timeframe, Bitcoin is currently forming a bullish continuation pattern known as a Bullish Flag. As of this writing, the price is approaching the upper boundary…
Daily Market Overview and Insights: March 1
In today’s financial landscape, the slowing momentum of Bitcoin’s (BTC) ascent suggests an imminent phase of consolidation, a natural follow-up to any significant price surge. Historical patterns indicate such periods of sideways…
Exploring the Crypto Landscape: Insights and Updates for February 29
Bitcoin’s Ascent Towards Historical Peaks Bitcoin (BTC) has further narrowed the gap to its all-time high, now just a 10% increase away from reaching this milestone. The immediate hurdle in its upward…
Daily Market Review and Insights for February 28
Cryptocurrency Trends and Investment Opportunities In a significant market movement, Bitcoin (BTC) broke through the resistance level at $58,500, a target identified in our previous review as the next milestone in its…
Daily Market Overview and Insights: February 27
Bitcoin’s Resilience Signals Bullish Momentum In the last four-hour chart analysis, Bitcoin (#BTC) showcased remarkable resilience as buyers prevented a dip below the $50,850 mark, affirming the bullish momentum in the market….
Daily Market Review and Insights: February 26
#BTC (Daily Timeframe)**: Bitcoin buyers were unable to maintain its position above the upper boundary of the ascending channel, leading the asset to return within the formation’s limits. Notably, the previous attempt…
Nakamoto’s thoughts on Bitcoin’s scalability
This week, a treasure trove of emails from Satoshi Nakamoto was published, offering profound insights into the Bitcoin creator’s vision for the cryptocurrency. Notably, an email, tagged as #3, provides an unprecedented…
Daily Market Review and Thoughts: February 23
#BTC (four-hour timeframe). Bitcoin has fallen below the upper boundary of the ascending channel, and the RSI indicator readings have settled below the value of 50. According to data from the analytical…