With Bitcoin bouncing off lower lows swiftly over the last weekend, looking at the spike in volumes on 26 July, Futures traders were in for a surprise. As the entire market became more active following the 25% weekly gains, the Options market highlighted some interesting trends.  Even though these unexpected price moves stirred up theContinue reading “Bitcoin to $100K by October may not be too unrealistic if…”

With most eyes on Bitcoin and Ethereum, it is almost surprising, if not shocking, to see an alt like THETA recording the highest weekly gains. In fact, even at the time of writing, the altcoin had the highest weekly gains of 32.1% among the top-20.   This isn’t the first time THETA has taken the marketContinue reading “Despite recent gains, this is what THETA traders should be concerned about”

Bitcoin’s rally had a ripple effect on the rest of the market, with many alts seeing surprising gains. While most among the top 20 alts were flashing green at press time, some performed better than others. Chainlink was a case in point.  LINK has had a good week The altcoin’s price rallied by nearly 30%Continue reading “Bitcoin’s ripple effect on Chainlink – Will it last”

Bitcoin made a huge move, opening this week with some decent gains but it was rejected just above $40K. Right around that resistance, bears started to pull the price down but bulls are still pushing in as BTC traded at $39.73K at press time, highlighting daily gains of 6.74%.   This week began with an excitingContinue reading “Bitcoin traders need to know about this ‘very bullish thing’”

With a geared up price action and an accelerated upward movement for most currencies on the back of Bitcoin’s rally, newer levels of sentiment and behavior were witnessed market-wide. While all rallies come as a sigh of relief, this Bitcoin rally in particular was of importance after the many negative news and sentiments that wereContinue reading “Bitcoin analyst talks about the ‘opportunity’ in the current market”

For one whole day, after some pretty monotonous consolidations and devastating price dips, Bitcoin price candles were green on a one-hour, four-hour, and one-day chart. With this latest movement, market speculations were rife if this rally was here to stay. In the case of Bitcoin, its price has been affected by external news in theContinue reading “Analyst on Bitcoin: This is ‘a very strong sign of…’”

In a surprising turn of events, Bitcoin reaffirmed its king coin status by swiftly climbing above $35K and testing the $40K mark. Now, while many might think that the aforementioned recovery is an onset of a bull market, marking the end of the long and dreadful price falls, others believe these are short-term gains thatContinue reading “Is this a sure-shot sign of a Bitcoin bull market”

Bitcoin and Bitcoin holders sure had a roller coaster ride these past couple of months. Despite a series of FUDs and death crosses, on the back of strong institutional interest, Bitcoin still emerged to be more than just a cryptocurrency and a store of value asset.  Bull market or bear market After China “banned” mining operations,Continue reading “Bitcoin: Why we are still in a bull market”

The crypto-market is like the wild west. Nothing is certain and sometimes, even unknown currencies are capable of massive gains, making the top ones seem less significant. One such recent success story is that of Axie Infinity’s native token – AXS – after it more than doubled in just three days.  The AXS/USD exchange rateContinue reading “What contributed to this altcoin ‘outperforming’ Cardano, Dogecoin, and Binance Coin”

MATIC’s price movement over the last two months has been nothing short of a nightmare. The alt rallied by almost 500% in just one month, touching an all-time high of $2.57. However, glory is often short-lived and MATIC’s glory days soon came to an end as the coin saw sustained losses after losses followed byContinue reading “Here’s what can trigger a MATIC rally”

Cardano (ADA) was one of the few cryptocurrencies that wasn’t strongly affected by the early June price dips. In spite of the massive fall in Bitcoin’s price, ADA strongly held the $1.45 and $1.3 support levels as it instead chose to move sideways on the charts. Alas, the fifth-ranked alt couldn’t hold itself together whenContinue reading “History suggests Cardano’s price action is set to do this before Alonzo”

Given Bitcoin‘s recent price action, and as many call it, a rather dramatic one at that, there was a lot of activity in the market recently. While the spot market was quick to react to this price rally, the Options market saw some interesting trends too. The stark difference between the trends spotted in theContinue reading “What does ‘recovery’ mean for this Bitcoin market’s prospects”