Technical analysis

Bitcoin suffers a pullback beneath $50,000 but the long-term trend remains bullish

The cryptocurrency market will always surprise new investors with its volatility. In the first two days of the week, Bitcoin drops approximately 20%, Ethereum 30%. Sudden price movements that can impress. However, Bitcoin has simply returned to price levels that it was familiar with only 10 days ago. Bitcoin is trading at €41,800 ($50,500) on…

Read more

Is Bitcoin already doing a clear break above $50,000?

The bull market continues in cryptocurrencies, with Bitcoin seemingly crossing the psychological threshold of $50,000, or €41,000. Its price was trading slightly above this level on the morning of February 17, up 10% over a week. An uptrend that continues to be fueled, in particular, by the company MicroStrategy, which has just announced an additional…

Read more

Bitcoin back under $30,000 soon?

How far will the consolidation of Bitcoin’s price continue? This question is currently on the lips of all those who follow the market. Down more than 10% over the last seven days and trading around €26,000 ($31,000) on January 27th, the asset has been correcting since the beginning of the month. Before shouting down the…

Read more