Technical Analysis
Crypto Traders Prepare for Bitcoin Volatility as Focus Shifts to U.S. CPI
Crypto traders anticipate a big move in bitcoin as Bollinger bands have tightened to the lowest level since early January.
By Omkar GodboleJul 12, 2023
Bitcoin Quiets Down in July After a Tumultuous First Half of 2023
While July has historically been one of Bitcoin’s strongest months, the largest crypto by market value’s price has remained range-bound so far this month.
By Glenn Williams Jr.Jul 11, 2023
FOMC Minutes Show Uncertainty, Cautious Optimism. Large Bitcoin Investors Are Taking Divergent Paths
The largest and smallest bitcoin whales have added to their holdings, but the group in between has jettisoned some of their tokens.
By Glenn Williams Jr.Jul 6, 2023
Bitcoin Remains Range-Bound, Despite Bullish Sentiment
Bitcoin prices have paused with support at $30,000
By Glenn Williams Jr.Jul 5, 2023
Bitcoin May Be Forming a 'Bull Flag' on Price Chart: Technical Analysis
A bullish flag looks to be forming and would be completed on a breakout above $31,900, analysts at Fairlead Strategies said.
By Omkar GodboleJul 4, 2023
Bitcoin, Ether Hold Steady as Investors Shrug Off Upbeat Economic Data, Rekindled Inflationary Concerns
Risk markets appear to have already priced in rate hikes, and remained largely unstirred by today’s unexpectedly strong economic data.
By Glenn Williams Jr.Jun 29, 2023
CoinDesk Indices Smart Contract Platform Highlights the Difference Between Bitcoin and Ether Performance
Stablecoin supplies on smart contract platforms continue to trend downward, but the smart contract index has maintained a solid performance.
By Glenn Williams Jr.Jun 28, 2023
As Prices Consolidate in Spot Markets, Asset Managers Increase Long Positions in Derivative Markets
The Commitment of Traders Report indicates asset managers’ continued bullishness in bitcoin markets.
By Glenn Williams Jr.Jun 27, 2023
Bitcoin Prices Topping $31.9K Would Confirm Long-Term Bullish Bias: Fairlead Strategies
The Ichimoku cloud, created by Japanese journalist Goichi Hosoda in the late 1960s, is used by traders and analysts to monitor momentum and trend direction.
By Omkar GodboleJun 27, 2023
Bitcoin, Ether on Track for Strongest Weekly Gains Since March
Crypto prices have risen sharply since BlackRock’s filing for a spot bitcoin ETF. Of the 149 assets in the CoinDesk Market Indices (CMI), 144 rose during the week.
By Glenn Williams Jr.Jun 23, 2023