After a relatively long stagnation phase, volatility has returned, and Bitcoin has done nothing but shoot up. Several indexes suggested that a price breakout was imminent. But nobody would have thought that the $10,000 resistance level will break so easily. The recent price action sent investors and market participants alike into “greed,” according to the…
DetailsJust ahead of last night’s daily close, Bitcoin price exploded above $10,000 in a powerful break of the asset’s most important resistance, liquidating overleveraged shorts along the way. But Sunday night’s daily price candle coming to a close also opened a new weekly price candle, which also triggered a TD 9 sell setup. It’s that…
DetailsAs difficult it may be to believe, you’ve read that headline accurately – altcoins may finally be ready to break out against Bitcoin and bring the battered and beaten asset class more in line with the recovery the number one cryptocurrency has had. The first shot fired came today with the latest Bitcoin price flash…
DetailsBitcoin has seen some immense volatility in recent times, with the benchmark cryptocurrency rallying up to $10,400 yesterday before plummeting to lows of $9,000 this morning. It has since been able to garner some support that has allowed it to climb back into the mid-$9,000 region. This recent price action has done little to offer…
DetailsBrave, a privacy-focused web browser, is celebrating its 5th anniversary with over 15 million active monthly users. The company shared some of the important milestones it achieved over the past year, which include a 50% growth in the number of overall users since November 2019, and a 255% increase in ad campaigns reported in October…
DetailsIn a shocking move, Bitcoin price just plummeted by over $600 in less than five minutes of price action. The surprise move has now erased the entire rally last night that took Bitcoin above the key level of $10,000, which it has yet again failed to hold. Bitcoin Price Fails To Hold $10,000 Yet Again…
DetailsBitcoin has been caught within the throes within immense volatility over the past day, rallying to highs of $10,400 overnight before losing its momentum and declining down towards $9,000. The overnight rally from lows of $9,400 to its recent highs left a trail of destruction in its wake, causing the crypto to see its largest…
DetailsLast night ahead of an important daily close in the crypto market, Bitcoin broke up from a symmetrical triangle formation and closed the session price candle above the important resistance level of $10,000. If Bitcoin can finally hold above this level and confirm the triangle as resistance turned support, the upside breakout technical target of…
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The popular crypto exchange Coinbase has come under scrutiny recently by the greater cryptocurrency community, after widespread frustration over system outages during peak Bitcoin volatility has boiled over. What’s causing the issues and why can’t Coinbase keep up with the meager crypto demand currently, and what does this mean for the next bull market if…
DetailsThe IDG-backed KuCoin crypto exchange platform has announced its partnership with blockchain analysis company Chainalysis to further enhance the platform’s compliance and security. The partnership is part of KuCoin’s commitment towards promoting compliance-first business practices in the crypto industry as it will be integrating the Chainalysis KYT (Know-Your-Transaction) software to detect and prevent suspicious and…
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