Bitcoin, Ethereum, and Cardano Price Prediction: All Indicating Upcoming Bears
2023-05-08 The cryptocurrency market has kept it mixed for the week (01 – 06 May 2023). The week started with a minor correction in the movement of the overall market, but by the middle, it was soon caught under market pressure and slipped. The plunge was graciously recovered by many coins, leaving a few in […]
Bears keeping reins on Evergrande, growth chatters
2021-11-17 22:33:35 Asian markets print losses led by China, Hong Kong on Evergrande woes. Fears of untimely rate hikes to weigh on the nascent growth exert additional downside pressure. Bonds, gold price gain but DXY fails to cheer the safe-haven status. Asian shares remain on the back foot, with China and Hong Kong dropping the […]
Was $58K All the Bitcoin Bears Got Before Liftoff to $90K?
2021-11-02 18:28:16 The day after Bitcoin (BTC) had reached $66980; I used the Elliott Wave Principle (EWP) to determine that a break below $59K would ideally go to $53K+/2K before the cryptocurrency would stage its next rally to $90K+. See here. That break happened, but BTC only reached as low as $58K on October 27 […]
Bears in Disbelief As Bitcoin Sees Clear Skies Ahead: Crypto Analyst Benjamin Cowen
2021-10-13 15:07:30 Popular crypto trader Benjamin Cowen thinks Bitcoin looks “incredibly bullish.” In a new video, the analyst tells his 566,000 YouTube followers that BTC has accomplished the three things it needs to keep moving upwards. First, Bitcoin rallied above the 20-week simple moving average (SMA). Second, Bitcoin’s chart saw a “golden cross,” which occurs when a […]