Bitcoin USD daily basis Bitcoin USD Chart Analysis – Strong correction over the weekend The reporting week started cautiously and with continued bullish undertone. The market focused on a break of the recently stubborn 60’000 USD resistance zone. Thus, on Monday, it traded in very narrow trading ranges around 59’800 USD. On Tuesday, the breakthrough […]
Bitcoin USD daily basis Bitcoin USD Chart Analysis – Consolidation below 60’000 USD The reporting week was quiet in terms of Bitcoin volatility ratios. Throughout the week, the main trading activity was concentrated in the 58′,000 USD – 59’000 USD range. Mid-week, the price set off for a test of the current market strength on […]
Bitcoin USD daily basis Bitcoin USD Chart Analysis – Consolidation below 60’000 USD In the reporting week, a correction phase dominated, with its lowest point occurring on Thursday. Right at the beginning of the week, losses led to a first correction, which brought the price back to the zone of 54’000 USD. The triangle formed […]
Bitcoin USD daily basis Bitcoin USD Chart Analysis – Incipient Correction After New High On Sunday, Bitcoin was able to break the one-week trend towards lower prices for the first time. Since the recent all-time high just below 60’000 USD, a consolidation set in during the previous week, which took the Bitcoin price to 43’200 USD at […]
A summarizing review of what has been happening at the crypto markets of the past week. A look at trending sectors, liquidity, volatility, spreads and more. The weekly report in cooperation with market data provider Kaiko. The last 7 days in the cryptomarkets: Price Movements: Immense selling pressure contributed to ETH’s flash crash on Kraken.Trading Volume: Last […]
A summarizing review of what has been happening at the crypto markets of the past week. A look at trending sectors, liquidity, volatility, spreads and more. The weekly report in cooperation with market data provider Kaiko. The last 7 days in the cryptomarkets: Price Movements: Following historic all time highs and declining intraday volatility, Bitcoin […]
Bitcoin USD daily basis Bitcoin USD Chart Analysis – Breaking the downward consolidation phase At the beginning of the reporting week, the market was looking for clues of sustainability of the fast-moving breakout from Friday of the previous week. We recall: the Twitter mention by Elon Musk led to a daily excursion above $38’000 USD and briefly […]
Bitcoin USD daily basis Bitcoin USD Chart Analysis – Continued Consolidation with Lower Highs At the beginning of the week we saw a continuation of the consolidation phase, which started when the all-time high was reached on January 8. In the process, the USD 35’000 mark served alternately as a support and resistance zone. Thus, […]
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, touched the all-time high last reached in 2018 on some exchanges before a correction occurred. Time for a brief overview of the latest developments. While Bitcoin (BTC) has been in price discovery beyond its 2017 all-time high since December, Ether (ETH) has not yet been able to […]
Bitcoin USD daily basis Bitcoin USD Chart Analysis – First Consolidation Accompanied by High Volatility The new all-time high which was reached on Friday of the previous week remains in place for the time being. At the weekend, a first consolidation set in, which was initiated on Sunday with increasing selling pressure. This brought the […]
