Many cryptocurrency traders are constantly attempting to time the bottom of the Bitcoin market in order to make the perfect entry point. This pursuit has led to the use of various indicators and tools by crypto analysts in an effort to predict the best time to buy Bitcoin. Despite the cryptocurrency reaching new all-time highs
Bitcoin
The recent spike in Bitcoin prices of over 6% can be directly attributed to Federal Reserve Chairman Jerome Powell’s announcement regarding potential adjustments in policy and a hint at a 25bps rate cut at the next meeting on September 18. This unexpected news has injected new volatility into the Bitcoin market, with prices fluctuating unpredictably
John is an avid writer who has a keen interest in the dynamic and captivating world of cryptocurrency. Although he initially did not consider venturing into the digital asset industry, he has been captivated by it for over two years now. John prides himself on creating insightful content that demystifies the intricacies of blockchain technology
Opeyemi is a writer who has found his passion in the world of cryptocurrency. Despite not initially choosing this industry, he has become deeply immersed in it for over two years. His enthusiasm for blockchain technology and cryptocurrencies shines through in his unique and insightful pieces. The Joy of Analysis Opeyemi spends a significant amount
The month of August has been tumultuous for Bitcoin investors, with the cryptocurrency experiencing significant price fluctuations. Despite starting on a positive note, the Bitcoin price saw multiple crashes throughout the month, leading to a decline from its initial value. The first week of August alone saw a 30% crash in the BTC price, causing
Bitcoin, the leading cryptocurrency, has experienced numerous bull and bear cycles over the years. These cycles have revealed a consistent trend that analysts often use to predict the future price movements of the coin. In a recent analysis, crypto expert PlanB pointed out that the current Bitcoin bull run may not be over yet. By
The recent dip in Bitcoin’s price that caused it to fall below $50,000 took many investors by surprise. This sudden downturn was largely driven by short-term holders who overreacted to the initial decline in price. Short-term holders, defined as those who hold onto their cryptocurrency assets for a relatively brief period, tend to panic sell
John is a dedicated writer and a lover of all things related to the innovative world of cryptocurrency. Despite not initially choosing the digital asset industry, he has become completely captivated by it over the past couple of years. John takes pleasure in crafting unique pieces that delve into the complexities of blockchain technology and
Semilore Faleti is a name synonymous with cryptocurrency writing, a journalist who has carved a niche for himself in the world of digital assets. His journey from a general content writer to a specialized crypto journalist is a testament to his dedication and passion for the industry. Early Career and Education Semilore’s career began with
Bitcoin, the world’s largest cryptocurrency, is facing a new bearish death cross according to a crypto analyst known as ‘Mags.’ This recent development could potentially lead to further price stalls before any potential upward movement. The death cross pattern in Bitcoin’s daily chart occurs when the 50-day Moving Average (50 MA) crosses below the 200-day