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A golden cross is one of the most popular bullish signals for cryptocurrency traders but it does not necessarily mean you should immediately enter the market. A golden cross pattern on the charts excites crypto traders for its promises of profitable opportunities ahead, largely due to its impressive success rate in traditional markets. The golden cross tends […]
The precious metal is stealing the limelight as Bitcoin languishes under $40,000 after the Easter weekend. Bitcoin (BTC) is in line for a relief bounce but still risks dropping all the way to $30,000 before May, a new analysis warned on April 18. $30,000 dive is April “risk” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near […]
Buy the rumor? It depends how fast you pull the trigger when the news breaks. These mind-bending returns rewarded crypto traders who were fastest on the draw… Here’s how you can join them. Why do crypto traders “buy the rumor, sell the news”? Simple. Because whispers of exchange listings or big-name partnerships reach very few […]
The previous CPI report released last month saw volatile bitcoin trade in the $63,000-$69,000 range. Bitcoin fell as bond yields rose ahead of a U.S. inflation report that could seal the deal for a faster unwinding of stimulus by the Federal Reserve (Fed). CoinDesk 20 data shows the cryptocurrency declined 1.5% to $47,900 in the […]
Weekly returns were mixed as some altcoins outperformed. Meanwhile, macro headwinds could cause investors to reduce exposure to speculative assets next year, the CoinDesk writes. Cryptocurrencies were mostly lower on Friday aside from a few standouts such as Terra’s LUNA token, which was up about 9% over the past 24 hours. Bitcoin was trading at the lower […]
Bitcoin’s consecutive daily closes above $45,000 were followed by a 40% rally from ICP, RVN, VGX and EGLD, leading traders to believe that a new altcoin season is starting. This week the total cryptocurrency market capitalization bounced back to $1.9 trillion, which was a 20% weekly increase and the highest level seen since May 20. […]
Spotted by veteran analyst Peter Brandt, the classic technical pattern can result in ADA price losing almost 90%, the Cointelegraph reported. Cardano is close to attaining the title of a fully-fledged smart contracts platform following a critical upgrade in mid-July. The project’s founder Charles Hoskinson confirmed that they recently processed the sales of more than $10 […]
TEL, MATIC and AXS soared higher as Bitcoin’s relief rally to $32,800 lifted the entire market, the Cointelegraph reported. Charts turned green as Bitcoin (BTC) price rallied to $32,858, but a number of analysts also cautioned that the market may not be out of the woods yet. Data from Cointelegraph Markets Pro and TradingView shows that the top movers over the […]
Sustained higher levels mean a retreat to $30,000 is looking less and less essential to preserve the bull market. Bitcoin (BTC) traded in a higher range on Friday, with analysts keen to see which critical levels would fall next. Bitcoin escapes fresh losses… for now Data from Cointelegraph Markets Pro and TradingView showed BTC/USD retaining $35,000 support overnight on […]
The best traders keep a sharp eye on an asset’s momentum. Here’s why the RSI and moving averages are the perfect indicators for this task. Technical analysis, the study of chart patterns, is a tool that helps traders increase their edge over others. This is done by keeping the trader on the right side of […]