By Dimitar Dzhondzhorov The formation of a certain setup suggests that BTC could be gearing up for a major price move, yet the exact direction can’t be predicted. One popular analyst believes the current conditions present an ideal opportunity to invest in ETH, while Cardano’s ADA has lost momentum and might be headed for a […]
Tag: BTC
By Jordan Lyanchev Bitcoin’s breakout attempt faced another rejection at $65,000 earlier this week, and the bears appear to be in control once again, driving the asset south to under $63,000. One particular bear has garnered the community’s attention with massive short positions that they keep building on. Data provided by Lookonchain indicates that the […]
By Jordan Lyanchev Bitcoin investors received what should have been a fairly supportive and positive combination of macroeconomic data in the past week, starting with the weak US jobs report last Friday. However, the asset failed to produce any significant gains, again. Moreover, it has lost some traction and is actually down on a weekly […]