Beware of Bitcoin's 'Rising Wedge,' Chart Analyst Says

2024-3-14 10:22

"Normally rising wedges resolve bearish," crypto analyst and trader Josh Olszewicz told CoinDesk.

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rising analyst trader crypto olszewicz coindesk told

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Analyst Says Ethereum Is Seeing ‘Systemic Buying’, What This Means

A CryptoQuant Analyst has identified a significant systemic buying trend in Ethereum, suggesting a rising influx of strategic investments into the blockchain network.   Analyst Reveals Ethereum Systemic Buying Trend A crypto market observer and a contributing analyst at CryptoQuant, Maarten Regterschot has taken to X (formerly Twitter) to publish a systemic buying trend he witnessed in Ethereum.

2023-11-24 00:00


Quant Explains Bitcoin Funding Rates Pattern That Precedes Uptrends

A quant has explained how a specific Bitcoin funding rates pattern has preceded uptrends in the asset’s price during recent months. The Bitcoin 72-Hour MA Funding Rates Pattern That May Kick Off Uptrends As explained by an analyst in a CryptoQuant post, the price has started rising recently whenever the metric has been near zero inside the negative zone.

2023-4-20 19:00


Why is Ethereum being outperformed by Bitcoin? Historical pattern changing in 2023

Key Takeaways Ethereum has historically outperformed Bitcoin in bull runs The pattern has flipped to start the year, with Bitcoin dominance rising  Our Analyst Dan Ashmore jumps on-chain to look through history, and show how and why the pattern is changing The Flippening, huh? Nothing incites debate within crypto circles quite like it.

2023-1-26 20:28


These Two On-Chain Signals Precede Bitcoin Falls, Suggests Analyst

An analyst has suggested that two on-chain signals may be used to predict Bitcoin falls as they seem to have historically preceded drops in the crypto’s price. Bitcoin Selling Of 7yrs-10yrs Old Coins Spiked Up Recently As pointed out by an analyst in a CryptoQuant post, BTC dumping of coins aged between 7 years to 10 years and ETH dominance rising up can be two signs to look for before falls in the coin’s value.

2022-9-20 22:00


Will The Bitcoin Short-Term Holder Breakeven Point Act As Resistance Again?

On-chain data shows the Bitcoin short-term holder SOPR is approaching the “breakeven” value, a point that has acted as resistance for the crypto’s price in the past. Bitcoin Short-Term Holder SOPR Surges Up And Approaches A Value Of “1” As pointed out by an analyst in a CryptoQuant post, the selling pressure from the short-term holders may see an increase if their SOPR keeps rising up.

2022-7-31 22:00


Bitcoin is An Alternative to Copper As A ‘Risk-On’ Inflation Hedge Instead of ‘Risk-Off’ Gold: Goldman Sachs Analyst

Instead of gold, cryptocurrencies are an alternative to copper as a hedge against inflation, said Jeff Currie, global head of commodities research at Goldman Sachs. Bitcoin has been deemed as a hedge against the rising prices, giving competition to the traditional safe-haven asset precious metal.

2021-6-3 19:51


Bitcoin’s Bullish Setup to Send Ethereum to $2,000, Asserts Analyst

Ethereum bulls should prepare for a price rally towards $2,000 in the next couple of weeks/months, per a recent analysis provided by Jebb McAfee. The independent market analyst spotted a flurry of upside fundamentals, ranging from Ethereum’s growth as a decentralized application server to its rising search volumes on Google, before deciding to go all bullish on the world’s second-largest cryptocurrency.

2021-1-6 11:00


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Analyst: Ethereum Likely to Begin Outperforming Bitcoin as Strength Mounts

A trend of underperformance against Bitcoin has plagued Ethereum as of late, which has caused buyers to show signs of capitulation Where the ETH trends in the mid-term should depend largely, if not entirely, on whether or not BTC continues rising in isolations Bitcoin’s massive rise as of late has not done much to boost altcoins, as many are still showing signs of weakness at the moment This weakness has been apparent while looking towards […]

2020-12-24 01:00