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Bitcoin’s post-FTX performance in line with previous cycles

Quick Take Bitcoin’s (BTC) resilience is once again underscored by recent data showing a 113% rally from the cycle low, sparked by the fallout from the FTX collapse in November 2022. This rise, strikingly, is commensurate with the performance during previous cycles, indicating an enduring robustness in Bitcoin’s market resilience. дальше »

2023-10-31 23:00


New Highs Inbound: Ethereum is About to See an Explosive Rally Against BTC

Ethereum’s price action has been strikingly similar to that of Bitcoin’s as of late The crypto is once again showing strong signs of correlation to BTC, which has caused it to see some relatively choppy trading as of late It has continued gaining some slight ground against BTC, although it is now pushing up against resistance on its BTC trading pair It is also nearing a few key USD resistance levels as well, with bears […] дальше »

2021-1-19 01:00


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Ethereum to Hit $240 as Analysts Claim Market Structure Looks “Abysmal”

Ethereum’s price action has been strikingly similar to that of Bitcoin, and the crypto has been unable to garner any independent momentum This has led ETH to consolidate between $340 and $360 throughout the past couple of days Its reaction to any signs of weakness from BTC has been quite pronounced, which could mean that it will see an extreme reaction to any Bitcoin downturn Analysts are now noting that Ethereum’s market structure looks “abysmal” […] дальше »

2020-10-8 23:00


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This Fractal Suggests Ethereum May Rally Past $500 Before Plunging Lower

Ethereum is struggling to maintain the slight momentum it found yesterday after its price reeled down to lows of $370 After bouncing up towards $390, bulls started facing faltering momentum that ultimately led the asset’s price back down towards sub-$380 Because Bitcoin is currently expressing signs of weakness, it remains incredibly unclear as to where the market may trend in the near-term One analyst is pointing to a strikingly accurate fractal for guidance, which shows […] дальше »

2020-8-27 23:00


The US Dollar is “Ready to Break Down” – How This May Impact Bitcoin

As Bitcoin continues establishing its position as a major asset on the global stage, its correlation to other markets has been shifting. Although it was strikingly correlated to the stock market in late-February and early-March, its price action has since broken this, now becoming more closely tied to gold and other precious metals. An interesting […] дальше »

2020-8-15 05:00


This Silver Fractal Suggests Ethereum Could Soon See a Parabolic Breakout

The markets have favored the underdogs throughout the past week, with silver and Ethereum both outperforming their larger counterparts. Although there aren’t any noticeable connections between the two assets, their price action in recent times has been strikingly similar, and it does appear that ETH is forming a fractal pattern with the precious metal. If […] дальше »

2020-7-26 04:00


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This Alarming Pattern Suggests Bitcoin Could Soon Crater Lower

As Bitcoin continues its range-bound trading phase, traders are placing their bets on which direction it will trend next This consolidation has caused the cryptocurrency’s volatility to plunge to lows not seen in over a year It is unlikely that this trend will last for too much longer, as extended bouts of sideways trading are typically followed by massive movements One technical pattern that is strikingly similar to that seen in 2019 is now suggesting […] дальше »

2020-7-4 02:00


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Why Surging Options Volume Can Put an End to Ethereum’s Epic Rally

Ethereum posted an intense breakout rally yesterday that allowed it to set fresh local highs This rally came about rather suddenly, with it coming about prior to any movement seen by Bitcoin or the aggregated crypto market Analysts are now noting that this uptrend may start to falter in the days ahead, as it is currently repeating a pattern that is strikingly similar to that seen in months past This potential weakness comes as Ethereum’s […] дальше »

2020-6-1 22:00


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These Three Factors Show Bitcoin Will See a Massive Selloff at $10,000

Bitcoin has seen some incredibly mixed price action as of late, with BTC struggling to garner any notable momentum as it approaches its heavy resistance $10,000 This resistance has proven to be insurmountable on multiple occasions throughout the past several weeks and months One analyst is now noting that BTC’s ongoing rally up towards the five-figure price region is strikingly similar to that seen in months past Three factors signal that this rally could be […] дальше »

2020-6-1 19:00