Fractal Suggests Ethereum May Face Further Chop Before Seeing Parabolic Rally

Fractal Suggests Ethereum May Face Further Chop Before Seeing Parabolic Rally

Ethereum has posted some mixed price action throughout the past few days, testing its all-time highs earlier this week before facing a swift selloff overnight The timing of the BTC selloff that placed pressure on ETH was unfortunate, as it has led ETH to mark its highs as a local top This means that the…

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Technicals Point To Extended Ethereum Dominance Over Bitcoin

Technicals Point To Extended Ethereum Dominance Over Bitcoin

Although institutional interest has undeniably been focused on Bitcoin, Ethereum’s lower cost of entry and unstoppable momentum, have allowed the altcoin to outperform the top crypto asset by market cap recently. A near flawless technical pattern yet to break out coinciding with a trend strength measuring tool approaching pivotal levels, suggests Ethereum’s dominance over BTC

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The Brilliant Minds Behind the BTC Ultimatum Project, and Their New CEO, Eric Ma

The Brilliant Minds Behind the BTC Ultimatum Project, and Their New CEO, Eric Ma

BTC Ultimatum (BTCU) has been created for the development of innovative blockchain solutions – Prof-it Blockchain Ltd. BTCU is led by globally recognised experts in blockchain and crypto, featuring founder Nikolai Udianskyi, top ten crypto industry leaders at the World level; and CEO Eric Ma, a former core member of CoinMarketCap Key members of the…

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Bullish Dumping: Bitcoin Sheds Thousands Off Price as Funding Rates Reset

Bullish Dumping: Bitcoin Sheds Thousands Off Price as Funding Rates Reset

Bitcoin has seen some intense selling pressure throughout the past 12 hours that has caused it to shed thousands off its price This move came about following a failed attempt by bulls to send it up to highs of $38,000 yesterday The rejection here confirms that BTC is still firmly range-bound, with whales selling in…

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Charted: Chainlink (LINK) Holding Uptrend Support, Why It Could Rally Again

Charted: Chainlink (LINK) Holding Uptrend Support, Why It Could Rally Again

Chainlink (LINK) rallied towards the $24.00 level before correcting lower, similar to bitcoin and Ethereum. The price is now trading near a major support zone at $20.00. Chainlink token price traded as high as $23.79 before starting a downside correction against the US dollar. The price is trading above the $20.00 support and it is…

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2021 Is Bitcoin’s Year: How to Get in on the Digital Gold Rush

2021 Is Bitcoin’s Year: How to Get in on the Digital Gold Rush

Everyone’s pinning their hopes on this new year to bring good fortune, and for Bitcoin traders, it couldn’t be a better beginning. January saw BTC soar to dizzying new heights of up to $40,000 per coin. While the market has seen some price activity since then, it looks like BTC will hold the high ground.…

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TA: Ethereum Corrects Lower, Why Dips In ETH Remain Attractive

TA: Ethereum Corrects Lower, Why Dips In ETH Remain Attractive

Ethereum traded as high as $1,437 before starting a downside correction against the US Dollar. ETH price is approaching a key support at $1,340 and $1,320. Ethereum surged above $1,400 and traded towards the $1,440 zone. The price is currently correcting lower from $1,437, but it is well above the 100 hourly simple moving average.…

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TA: Bitcoin Signaling Further Correction, Why BTC Could Revisit $33K

TA: Bitcoin Signaling Further Correction, Why BTC Could Revisit $33K

Bitcoin price failed to clear the $37,500 and $37,800 resistance levels against the US Dollar. BTC is currently moving lower and it could continue to move down towards $34,000 or $33,000. Bitcoin is facing a strong resistance near the $37,800 and $38,000 resistance levels. The price is now trading below the $36,500 support and the…

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Centralized Wealth: The Downside To Institutional Bitcoin Buying

Centralized Wealth: The Downside To Institutional Bitcoin Buying

The recent Bitcoin rally to as high as $42,000 has been predominantly been driven by institutional investors suddenly waking up and realizing the asset’s long-term value potential. Buying in now, means not paying ultra-high prices some day down the line if it ultimately catches on. And while FOMO from wealthy individuals seeking to protect that…

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