In recent years, Bitcoin has transcended the realm of mere cryptocurrency and has emerged as a global economic phenomenon. Its unprecedented price fluctuations have sparked both awe and skepticism among investors and enthusiasts alike. The question on everyone’s mind is…
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$94 Million Ethereum Accumulation: Whales Capitalize on Market Dip for Big Buys
Blockchain analytics company Lookonchain reported that significant investors took advantage of Ethereum’s price plummet last week to grow their holdings. During that period, the value of Ether dropped to below $1,600. Indications suggest that affluent investors possessing substantial amounts of…
Crypto Markets on Edge: Unveiling the Impact of Long Liquidations
In the realm of cryptocurrency, the landscape is notorious for its rampant volatility, and Bitcoin often takes the lead in this roller-coaster journey. Recent times have witnessed a wave of fear gripping the market due to significant long liquidations in…
Decoding ATOM’s Bearish Patterns and Support Stress : Market Watch
Weekly Perspective: In the weekly time frame, ATOM is trading within a downward parallel channel. The upper line of the channel represents a strong resistance, while the lower line serves as a robust support line. Atom is forming a Lower…
Analyzing MATIC’s Downtrend and Market Sentiments – Market Watch
On a weekly timeframe, we can observe a downtrend in Matic within a parallel channel, following the pattern of Lower Highs and Lower Lows, which constitutes a bearish structure. Moreover, if we connect the lows of June 2022 and June…
This Twitter Bitcoin Analyst CrediBull Says Bitcoin Will Hit a New All-time High in 2023
With the way the crypto market is, many crypto enthusiasts desperately need some good news. Apparently, there’s one, as Twitter Bitcoin analyst CrediBull says Bitcoin has a massive chance of breaking its previous all-time high this year. How is this…
Avalanche (AVAX) unlocks $102 Million worth of tokens this Saturday – Potential Token impact explained
AVAX Token Unlock : Are your preparation adequate for the substantial unlocking of AVAX token scheduled for this week? Coin unlocking involves the addition of a considerable number of coins to circulation, leading to an increase in the coin supply.…
Cracking the Code of Bitcoin’s(BTC) Price Plunge: Insights into Market Sentiments and Beyond
Bitcoin’s price experienced a sharp and substantial downturn, attributed to the prevailing undercurrent of negative sentiments that were previously elucidated in the preceding analysis, accessible here. In our discussion today, we shall delve into the intricate contours of the market…
Why Did Bitcoin Quickly Drop to 25k?
What is the usual reaction of a crypto trader when an asset suddenly drops a two-digit percentage in a very short period? Who sold their bags today? Retail traders usually point to smart money or big whales whenever an unexpected…
ADA’s Price Odyssey: Navigating September 2023 Through Echoes and Patterns
In the labyrinthine landscape of ADA’s price movements, a discernible pattern weaves a tale of its trajectory. Imagine two lines, one above and one below, forming a parallel corridor that ADA’s price seems to navigate. This corridor, akin to a…