▫️#BTC (4-hour chart). Bitcoin continued its upward trend without the expected pullback. The asset managed to consolidate above the 4H Exponential Moving Average (EMA) 200, ensuring a renewed assault on the resistance…
Category: Crypto News
Daily Market Overview and Thoughts: January 29
▫️#BTC (daily timeframe). Bitcoin continues to trade below the resistance level of $42,700. However, trading volumes on the price increase are decreasing, signaling a decrease in buying pressure. Therefore, in the near…
Daily market overview and thoughts: January 28
▫️#BTC (4-hour chart). Buyer activation at $41,390 canceled the scenario of a deep Bitcoin retracement. The instrument managed to break through the upper boundary of the descending channel, which could be the…
Daily Market Overview and Thoughts: January 27
▫️#BTC (three-hour timeframe). As anticipated in the recent reviews, Bitcoin executed an upward impulse towards the upper boundary of the trading channel. After reaching the $42,000 mark, the initiative shifted to the…
Daily Market Overview and Thoughts: January 26
▫️#BTC (four-hour chart). Buyers continue to hold the asset above the $39,500 mark, corresponding to the Point of Control (POC) of the $29,500 – $65,500 range. Bitcoin has approached the middle of…
Daily Market Review and Thoughts: January 25
▫️#BTC (daily timeframe): Bitcoin encountered selling pressure upon reaching the $40,500 trading level. Buyers stepped in as the asset declined to $39,500. The Volume Balance Line returned above the Exponential Moving Average…
Daily Market Overview and Thoughts: January 24
#BTC (Weekly Chart): Today, let’s explore potential price movement scenarios on the higher timeframe. Yesterday, Bitcoin tested the level with maximum trading activity (Point of Control – POC) within the range of…
Daily market review and thoughts: January 23
▫️#BTC (four-hour timeframe): Bitcoin dropped to the lower boundary of the descending channel around $39,500—the area of the expected rebound. As a result, the asset closed the gap on the CME formed…
Daily Market Review and Thoughts: January 22
▫️#BTC (daily chart). Bitcoin failed to break the exponential moving average EMA 50 D ($42,000). The asset descended to the middle of the local descending channel. If buyer pressure doesn’t increase, the…
Something changed over the week?
📊 Last week, the S&P 500 Index updated its historical highs, and the altseason index entered the 80+ zone. Trap or the beginning of a bull market? It’s hard to say for…
Daily Market Overview and Thoughts: January 21
#BTC (two-hour timeframe). Bitcoin continues to move sideways below the resistance trendline. At the same time, the On-Balance Volume indicator values are held above the Exponential Moving Average (EMA) 21. This means…
Decentralization in Action: 1254 Addresses with 878 Million USDT Frozen on ETH Network
1254 addresses holding approximately 878 million USDT in the ETH network have been added to the blacklist (frozen), thanks to the carefully provided function in the USDT smart contract: addBlackList By the…
Daily Market Overview and Thoughts: January 20
#BTC (4-hour chart). A bullish divergence has formed in the RSI indicator concerning price movement, and it has started to play out. As the asset approaches the trendline resistance, Bitcoin sales intensify….
Daily Market Review and Insights: January 19
#BTC (Daily Timeframe): The idea of an upward impulse for the asset proved to be incorrect. Bitcoin failed to overcome the trend resistance, leading buyers to lose the POC mark ($42,800), resulting…
Daily Market Review and Insights: January 18
#BTC fell short of the anticipated $41,600 mark, with buyer pressure strengthening around $42,150. The asset rebounded above the $42,800 trading level, now corresponding to the maximum trading activity within the $40,500…
Market Insights and Daily Review: January 17″
#BTC (4-Hour Chart): Bitcoin’s upward momentum faced resistance around the anticipated Point of Control (POC) at $43,900. The exponential moving average (EMA) 50 at $43,600 halted the asset’s ascent. With buyers losing…
Market Insights and Daily Overview: January 16″
Bitcoin (BTC): On the two-hour chart, BTC buyers aim to reclaim levels above the $42,800 trading threshold, enabling a potential upward movement towards the Point of Control (POC) at $43,900. The $45,200…
Daily market overview and thoughts: January 15, 2024
▫️Tether (#USDT) occupies 2/3 of the entire stablecoin market, according to data from The Block . In 2023, the company’s share in this segment increased from 50% to 71%. As of today,…
Daily News Summary: January 12, 2024
#BTC and #ETH #ETF : – BTC-ETF trading has begun – Robinhood listed BTC-ETF – Ark is negotiating with state pension funds and state treasurers about investing in BTC-ETF – The SEC…
bitcoin ETF.
Blackrock, the world’s largest asset manager, raised more than $2 billion for its spot bitcoin exchange-traded fund (ETF) within days. Vaneck’s head of digital asset research and Bloomberg ETF analyst have independently…