Category: Analysis

Will this time be different? Bitcoin eyes drop to $35K as BTC price paints ‘death cross’

Will this time be different? Bitcoin eyes drop to $35K as BTC price paints ‘death cross’

Bitcoin (BTC) formed a trading pattern on Jan. 8 that is widely watched by traditional chartists for its ability to anticipate further losses. In detail, the cryptocurrency’s 50-day exponential moving average (50-day EMA) fell below its 200-day exponential moving average (200-day EMA), forming a so-called “death cross.” The pattern appeared as Bitcoin underwent a rough […]

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Here are the most predictable tokens of 2021 — For those who knew where to look

Here are the most predictable tokens of 2021 — For those who knew where to look

Digital assets’ past performance is never a guarantee of future price movement. There are never two identical situations in the crypto market, so even historically similar patterns of a token’s behavior can be followed by starkly different price action charts. Still, crypto assets’ individual history of price action often rhymes, giving those who can ready […]

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Beware of sophisticated scams and rug pulls, as thugs target crypto users

Beware of sophisticated scams and rug pulls, as thugs target crypto users

This year has been monumental for the cryptocurrency sector in terms of mainstream adoption. A recent report published by Grayscale Investments found that more than one-quarter of United States investors (26%) surveyed own Bitcoin (BTC), up from 23% in 2020. With the holidays around the corner, financial services provider MagnifyMoney also found that nearly two-thirds of […]

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