Technical Analysis

Technical analysis is a widely used methodology in the world of cryptocurrencies, encompassing the evaluation of various factors to predict price movements and make informed investment decisions. It involves analyzing historical price data, trading volume, and market trends to identify patterns and trends that may repeat in the future. By utilizing statistical tools and chart patterns, technical analysis aims to provide insights into potential price direction and timing. For individuals involved in the crypto space, technical analysis serves as a valuable tool to understand market sentiment and make informed trading decisions. Companies and protocols within the blockchain networks also employ technical analysis to assess market conditions and optimize their strategies. Moreover, crypto exchanges utilize technical analysis to provide users with comprehensive trading tools and indicators, enabling them to make data-driven decisions.

Markets

Bitcoin Correlations Continue On-Again, Off-Again Relationship With Traditional Finance

The positive relationship between bitcoin and traditional finance is now inverted , highlighting the independence of bitcoin as an asset

By Glenn Williams Jr.Jun 14, 2023

Markets

Bitcoin Price 'Throwback' Suggests Potential for Rally to $37K: Valkyrie Investments

A throwback is a countertrend move where prices reverse direction and move back towards a breakout point, paving the way for a strong rally.

By Omkar GodboleJun 14, 2023

Markets

Bitcoin, Ether Remain Resilient After Binance, Coinbase Suits, and Amid Long-Running Crypto Industry Turmoil

The two largest cryptos by market value have shown a remarkable ability to weather crypto turmoil and macroeconomic events over the past year.

By Glenn Williams Jr.Jun 13, 2023

Markets

Bitcoin's MACD Indicator Flips Bearish, Scares Crypto Twitter

The MACD histogram is a technical indicator widely used to gauge trend strength and trend changes.

By Omkar GodboleJun 13, 2023

Markets

Jobs Data Offers Faint Hope for Digital Assets Even as Investors Fret Over Binance, Coinbase Suits

Initial jobless claims reached their highest levels since October 2021, ahead of next week’s rate decision

By Glenn Williams Jr.Jun 8, 2023

Markets

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

Markets

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

Markets

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

Markets

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

Markets

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

The exterior of the Federal Reserve Board building (Alex Wong/Getty Images)