With the end of the month in sight and the halving of Bitcoin in about ten days, the next few weeks promise to be exciting in the crypto market. On April 23, Bitcoin broke a major resistance at €6,600 ($7,200). We had said that this would be a buy signal that would...
Technical analysis
Bitcoin challenges the $7,200 key resistance
Patience is likely to be the best of virtues for the next few days on the cryptocurrency market. Bitcoin is still in a range between €6,050 and €6,600 ($6,600 and $7,200), offering reduced volatility. On April 22nd, Bitcoin gained 3.5% over the week to settle just...
Will Bitcoin’s halving trigger a new bull market?
Less volatile week on the crypto market. The price of Bitcoin is in a range between €6,050 and €6,600 ($6,600 and $7,200). For the past few days we have been observing a close battle between buyers and sellers. On April 15th Bitcoin was down 6% over a week, posting a...
The drop would be behind us on the crypto market! Really?
We are entering a week that could be decisive for the rest of the year in the crypto market. Bitcoin has just broken up the resistance at €6,600 ($7,200) but buyers are not showing any particular strength in the market and the uptrend is not really being followed. By...
April 2020 will be decisive for cryptos
Volatility has decreased this week in the crypto market. While a bounce was observed on March 30, Bitcoin's price has been hitting resistance at the €5,900 ($6,500) level at the beginning of April. On April 1st, it trades around $6200 (€5,700), down 7.4% over a week....
Bitcoin: Just a technical bounce before new lows?
It's an indecisive and volatile market that investors are facing this week. The price of Bitcoin has settled since March 19 in a wide range between €5,600 and €6,400 ($6,000 and $7,000). It was trading around €6,400 ($6,900) on the morning of March 25 and has bounced...
Will the crypto market bounce despite Coronavirus fears?
The cryptocurrency market has not been spared from the panic caused by the Coronavirus. It dropped sharply on Sunday. On March 11, Bitcoin is back on the €6,900 ($7,800) mark, down 12% in one week. Altcoins are also dropping, with Ethereum down 13.6% and Litecoin 22%....
Bitcoin under $10,000 for the last time?
The last few days have been intriguing in the crypto market. While the coronavirus crisis was causing the world's stock markets to plummet, Bitcoin has not benefit from the situation, as it suffered a fall, albeit a moderate one. On March 4, its price remains above...
Can coronavirus affect the crypto market?
While a wave of panic is affecting stock exchanges, the crypto market is also in decline but seems to be resisting better. The following days will be interesting: Bitcoin is down 10% in one week and is on the €8,300 to €8,500 ($9,200 and $9,400) level which should act...
Bitcoin: will the price drop by the end of February?
Mixed signals this week in the crypto market. While the price of Bitcoin seems to be dropping after hitting €9600 ($10,500), the global trend remains bullish. On the Altcoin side, Ethereum (ETH) and Tezos (XTZ) continue their impressive increases with respectively...