Technical Analysis
Funding Rates for Bitcoin, Ether Remain Positive, Indicating Bullish Sentiment
Investors remain bullish about crypto in derivatives markets, as the CoinDesk Indices Ether Trend Indicator signals “significant uptrend”
By Glenn Williams Jr.Jun 7, 2023
Why Isn’t Bitcoin Falling More? Cryptos Are Acting More Like Commodities Than Securities
Oil is Oil, Gold is Gold, Bitcoin is Bitcoin. The market reaction to SEC enforcement is mild compared to historic price action after other tumultuous events in the crypto industry.
By Glenn Williams Jr.Jun 6, 2023
DeFi Tokens Rose in a Turbulent Week: CoinDesk Market Index
Lesser known altcoins had a strong week as bitcoin and ether wrestled with macroeconomic headwinds
By Glenn Williams Jr.Jun 2, 2023
On Heels of First Losing Month of 2023, Bitcoin and Ether Flash Differing Signals
While bitcoin appears positioned to trade flat, ether shows indications of being in an uptrend.
By Glenn Williams Jr.Jun 1, 2023
Inflation Concerns, Strong Jobs Data Put Bitcoin on the Defensive
A strong May jobs report on Friday could set the crypto up for further declines.
By Glenn Williams Jr.May 31, 2023
Dogecoin Chart Pattern Suggests Volatility Explosion Ahead
A technical analysis indicator called Bollinger bandwidth suggests dogecoin's unusual calm could soon end with a pronounced move in either direction.
By Omkar GodboleMay 29, 2023
Bitcoin Moves Little on the Week Despite Debt Deal, Inflation Concerns
Bitcoin trades flat to move one step closer to logging its first losing month of 2023. Ether rises slightly but also seems headed for a negative May.
By Glenn Williams Jr.May 26, 2023
The Relationship Between Economic News and Crypto Prices May Be Improving
The good news equals bad news relationship between economic data and crypto prices may be changing.
By Glenn Williams Jr.May 25, 2023
Bitcoin's 'Ichimoku Cloud' Suggests Deeper Drop Toward $24K: Technical Analysis
Ichimoku Cloud, created by Japanese journalist Goichi Hosada in the 1960s, is widely used to gauge momentum and trend strength.
By Omkar GodboleMay 25, 2023
Crypto Markets Recoil From Latest Yellen Concerns About Debt Ceiling Impasse
Treasury Secretary Janet Yellen reiterated her comments from just three days ago about the U.S. running out of cash if lawmakers can’t reach an agreement. Crypto and other asset markets dropped.
By Glenn Williams Jr.May 24, 2023