Bearish week for the cryptocurrency market. Bitcoin lost 8.4% over the last seven days, falling back to the €7,250 ($8,000) level on November 20. This decline in Bitcoin has also stopped most of the increases observed last week on altcoins. However, since the...
Technical analysis
Is Bitcoin about to trap the buyers?
Mixed feelings on the cryptocurrency market this week. Bitcoin is quite disappointing with -5.7% over a week, falling back to the €8,000 ($8,800) level on November 13. While the market psychology is less bullish on Bitcoin, some altcoins realise strong gains. Over the...
Are institutionals investing in Bitcoin right now?
Sideways action this week on Bitcoin, up by 2.07% and trading around €8,450 ($9,400$) on November 6. Consolidation continues but a medium-term bullish recovery is not yet confirmed. It is rather the altcoins that are performing this week, like Cosmos (ATOM) which...
Bitcoin rallies 40% in 24 hours, are we at the turn of a new bull market?
The cryptocurrency market will never end to surprise. Bitcoin was up 40% in 24 hours on October 26, going temporarily above $10,000. It is now trading around €8,300 ($9,200) on October 30. Such an increase in such a short period of time had not been observed since…...
Bitcoin drops to $7,500, a buying opportunity?
Despite a bounce that occured last Sunday, Bitcoin suddenly dropped today to $7,500. Over the last seven days, its price is down by 9%, at €6,830 ($7,550) on October 23. Attention is turning to the futures contracts of the CME Group, a product widely used by...
Bitcoin needs to quickly retest $9100
Bitcoin is loosing ground again this week, down by 7%, at €7250 ($8000) on October 16th. Technical analysis remains bearish since the strong drop which occured on September 24. Only a few altcoins, such as XRP and BNB, react better by remaining globally stable over...
Bitcoin, buy now or wait for more clarity on the market?
Bitcoin is quite stable this week, down slightly by 2% over a week, trading at €7450 ($8200) on October 9. In the same time, some Altcoins are beginning to show signs of recovery. XRP gains 10% over the week, TRON 19% and Chainlink increases by an impressive 36% (see...
Uncertainty in the crypto market, is it a good time to buy Bitcoin?
Uncertainty remains strong in the cryptocurrency market this week, with Bitcoin once again down 3% over the last seven days, trading at around €7600 ($8,300) on October 2. Altcoins remain correlated and no assets currently stand out in the market. Among the large...
Altcoins awakening, will Bitcoin enter a new bull market?
Trend shift this week in the cryptocurrency market: the main altcoins are back into bull territory. Ethereum gains 20%, XRP 13%, and other top 50 cryptoassets also gain more than 10% over the last week. At the same time, Bitcoin is stable at +1.50%. It remains in its...
Will history repeat itself on cryptocurrencies?
The consolidation that began at the end of June continues on Bitcoin, which is up by about 5% in one week, trading around €9,100 ($10,000) on September 11. Volatility and volumes are at their lowest level in months. If the €8,200 ($9,100) support holds until the end...