Bitcoin price action and the crypto markets’ structure is beginning to mirror the pre-bull run activity seen in previous years, according to Delphi Digital.
Category: cycle
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As BTC Slides Toward Resistance, the Chance of a Rare Triple Top Formation Comes Into Play
The cryptocurrency economy has shed a lot of value during the last six months dropping 48.70% from $3.08 trillion to today’s $1.58 trillion. While crypto markets looks extremely bearish these days, a few crypto advocates have theorized the bear market will be less harsh this time around. Furthermore, there’s also the rare scenario that bitcoin’s […]Powered by WPeMatico
Mid-Way Cool Down: Analysts Believe Bitcoin Price Cycle Is Incomplete, Trader Says BTC’s ‘Next Move Should Be Cycle’s Top’
The price of bitcoin is down 16% over the last 30 days and since the crypto asset’s all-time high (ATH) on November 10, 2021, bitcoin has lost more than 38% since it surpassed $69K per unit that day. Meanwhile, crypto advocates are furiously debating whether this is a bitcoin bear market or if the bull […]Powered by WPeMatico
Most of 2017’s Leading Cryptocurrencies by Market Cap Have Crashed Out of the Top 15
Many cryptocurrencies rose and fell during the 2017 bull market and subsequent year of bearish retracement. While the top four crypto assets by market cap have remained the same over the last two years, more than half of the leading markets as of Feb. 19, 2017 have since fallen from the top 15. Also Read: Markets […]
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Blockchain Enters “Trough of Disillusionment” According to Gartner
Gartner, Inc., a research and advisory firm specializing in the financial and IT industries, recently published a report that asserts blockchain has entered the “trough of disillusionment” with regards to the technology’s lifecycle of hype and adoption. Also Read: Bitmain Unveils New 18 Terahash Water-Cooled Bitcoin Miner Blockchain Enters “Trough of Disillusionment” According to Gartner “Hype […]
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