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

Crypto Markets Analysis: Decline in Bitcoin Transfers Underlines Investor Optimism

Declines in net transfer volume suggest investors are holding on to their BTC.

By Glenn Williams Jr.Feb 7, 2023

Markets

Crypto Markets Analysis: Crypto Long Positions Surging Among Asset Managers

The most recent Commitment of Traders report shows asset managers with reportable positions are now 99.19% long bitcoin. But will the current crypto market euphoria continue?

By Glenn Williams Jr.Feb 6, 2023

Markets

Crypto Markets Analysis: Bitcoin, Ether Continue Surge Into February, but Jobs Data Raises Questions

The Federal Reserve must weigh the U.S.’ debt obligations while trying to tame inflation without sending the economy into a deep recession. Its next steps could have an impact on crypto markets.

By Glenn Williams Jr.Feb 3, 2023

The Federal Reserve building in Washington, D.C.. (Helene Braun/CoinDesk)

Markets

Crypto Markets Analysis: Bitcoin and Ether’s Divergent 2023 Paths May Present Opportunity for Crypto Investors

The two largest cryptocurrencies by market capitalizations' net position change on exchanges have gone in opposite directions.

By Glenn Williams Jr.Feb 2, 2023

Markets

Bitcoin, S&P 500 Close In on Bullish 'Golden Cross' Signal

In the past, bitcoin's big rallies have started with a golden cross, but not all golden crosses have led to a big rally.

By Omkar GodboleFeb 2, 2023

Markets

Crypto Markets Analysis: A Wave of Economic Data Rises on Wednesday With Fed Rate Decision

Bitcoin rose above $23.7K in the immediate aftermath of the Federal Reserve’s moderate increase, but at least one trend points to a possible crypto price decline.

By Glenn Williams Jr.Feb 1, 2023

Markets

Crypto Markets Analysis: Bitcoin, Ether Price Surge a Reversal From Darkest Days of 2022

Crypto markets have been displaying cautious optimism ahead of the Federal Reserve’s interest rate decision on Wednesday.

By Glenn Williams Jr.Jan 31, 2023

Markets

Crypto Markets Analysis: Bitcoin 'Whale' Deposits on Exchanges Surpass Withdrawals

Holders of large amounts of bitcoin may be looking to take early profits, which could send the price lower – although probably not enough to rock markets.

By Glenn Williams Jr.Jan 30, 2023