2018-12-3 12:00 |
Last year's mania perpetuated a narrative that making speculative gains was bitcoin’s core value proposition, writes Michael J. Casey. origin »
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Last year's mania perpetuated a narrative that making speculative gains was bitcoin’s core value proposition, writes Michael J. Casey.
2018-12-3 12:00 | |
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Last week, after a devastating move that shook the market violently up and down for a 7% move in just a few short minutes, bitcoin saw a major sign of strength as it proceeded to have a slow, but steady markup where it managed to establish a local high in the $6,800s:Figure 1: BTC-USD, Hourly Candles, Shakeout Prior to MarkupThis shakeout forced the market to temporarily establish a new monthly low in what could be argued to be a stop-hunt prior to the move to the $6,800s.
2018-9-24 21:29 | |
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Ethereum co-founder Vitalik Buterin has taken to social media to decry the heavy emphasis placed on cryptocurrency exchange-traded funds in lieu of real-world crypto adoption, stating that while complex crypto financial products are beneficial for short-term gains, the ability to easily and quickly purchase cryptocurrencies is more important.
2018-7-31 11:00 | |
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The Bitcoin-silver price ratio highlights the ongoing tug-of-war between digital scarcity and traditional hard assets. While it should not be used in isolation, it provides critical insight into how capital is rotating beneath the surface.
Bitcoin price remains locked in a tight range between $80,000 and $90,000 as liquidity builds on both sides, increasing the likelihood of a sharp breakout once the balance breaks.
Ethereum is entering a critical consolidation phase as price action stabilizes just below the $3,000 psychological resistance.
XRP price trades near critical $1.80 support as bullish momentum fades, increasing downside risk and raising the possibility of a capitulation move toward lower liquidity zones.
VWAP is a useful technical analysis indicator that provides average price of an asset weighted by the traded volume in a specific time frame.
Bitcoin is likely to remain range-bound between $97,500 and $80,500 as long as resistance near $90,000 caps price and $85,500 holds as support.
XRP (XRP) price is approaching a technically significant inflection point as price consolidates around the $1.80 region.