While the long-term outlook for Bitcoin remains extremely optimistic, several indicators are suggesting a high risk of a sharp sell-off in the coming weeks. Quick take: • Bitcoin is shaping up to have a higher risk of a sharp sell-off in the near-term as it trades beneath its 200 DMA and OBV…

Bitcoin Technical Analysis — Spike Observed in the Number of Addresses Holding 1,000 Bitcoin Quick take: • There has been a spike in the number of addresses holding greater than 1,000 Bitcoin suggesting that institutions may be accumulating • An increase in fees preceded a price increase observed yesterday • As Bitcoin mostly consolidated over the past week, the 200 DMA, 100 SMA, and Fibonacci retracement levels have all been worth monitoring

They say there is no such thing as bad publicity as long as they spell your name right. To a certain extent that has been true about Bitcoin (BTC) and cryptocurrencies in general. …

A Technical Analysis of Bitcoin Quick Take: Market Sentiment data shows investors have more pessimistic outlooks for Bitcoin price in Q4 when compared to the same stage in Q3 A significant depreciation recorded on the 24th of September resulted in bitcoin price dropping below several key levels, the 200 daily SMA chief among them As Q4 progresses…

Since Bitcoin entered the collective consciousness on a massive scale in 2016, each year the cryptocurrency market has performed uniquely each year, sometimes in dramatic fashion. Bitcoin’s meteoric rise from $930 to nearly $20,000 was definitely the story of 2017, in addition to the massive market capitalization numbers of the…

In just a few short years, KuCoin Exchange has established itself as a reliable and cost-efficient resource for cryptocurrency traders around the globe. Established in Hong Kong in 2017, KuCoin prides itself on being “the people’s exchange” and simple to use. …

Altcoins have severely underperformed bitcoin year-to-date but are they setting up for period of outperformance? The overwhelming theme for the cryptocurrency markets since the start of Q2 2019 has been bitcoin recording extraordinary appreciation while altcoins largely lagged. This is an entirely different theme than the one observed for the…

As bitcoin returns to sub-$10k territory, we analyse what catalysed the sharp sell-off and whether institutional investors are playing a role in recent rises. Key developments over the past week; Sharp sell-off for Bitcoin as price returns to sub-$10k territory The price of bitcoin drops below its 100-day SMA for the first time since February 2019 …

The DotCom heyday that started in the late 1990’s and continued into the early 2000’s brought about the prominence of the Initial Public Offering (IPO). Many believed this to be a golden opportunity to get in on the ground floor of a company’s stock as it was going public for…