DeFi tokens book double-digit gains after Bitcoin rallies above $39,000
AMP, XVS and RSR price saw strong breakouts after a short squeeze sent Bitcoin price within a hair of the $40,000 level. Go to Source Powered by WPeMatico
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Ethereum eyes rally to $3K with 39% ETH price rebound triggering a classic bullish pattern
A falling wedge setup, as well as Amazon’s rumor to accept cryptos, also boosts Ether’s upside appeal. Go to Source Powered by WPeMatico
BTC price burns bears en route to $40K: 5 things to watch in Bitcoin this week
A surge towards $40,000 brings hope to those who have endured months of bearish drawdowns, but is it enough to continue the bull market? Go to Source Powered by WPeMatico
Top 5 cryptocurrencies to watch this week: BTC, ETH, ICP, AAVE, LUNA
ETH, ICP, AAVE and LUNA could rally higher over the coming days if BTC funds support above the 50-day moving average. Go to Source Powered by WPeMatico
Bitcoin price weekly outlook: BTC bulls await breakout above 50-day EMA
BTC price inched toward 2020’s support with traders expecting more gains if a breakout occurs. Go to Source Powered by WPeMatico
Strategist Mike McGlone Believes Bitcoin Can Jump to $60K Resistance vs. $20K Support
The senior commodity strategist at Bloomberg Intelligence, Mike McGlone, has been long on bitcoin for a while now and he said last month that bitcoin has a “bullish ace up its sleeve.” This week the strategist’s analysis notes that bitcoin prices will likely revert toward the $60K handle in contrast to the $20K support range. … Read more
3 reasons why Bitcoin price has not been able to rally back above $40K
Bitcoin bulls appear to be back, but a strengthening U.S. dollar, a new wave of COVID-19 infections and low trading volumes threaten the current recovery. Go to Source Powered by WPeMatico
This classic trading pattern signaled that Bitcoin price had hit a top
In technical analysis, traders interpret the head and shoulders formation as a strong sign that a trend reversal is in process. Go to Source Powered by WPeMatico
Powered by the people: 3 altcoins whose tweet volume spiked before a strong rally
In some cases, unusually high tweet volume can signal that an asset is about to soar, but traders should mind the context. Go to Source Powered by WPeMatico
Just HODL! Bitcoin and Ethereum outperform ‘lower risk’ crypto index funds
Data from Delphi Digital shows holding BTC and ETH was more profitable than investing in weighted average market cap crypto and DeFi index funds. Go to Source Powered by WPeMatico