Bitcoin Is Gradually Losing Dominance – Is This Good For The Cryptocurrency Industry?
Although prices recently rose to be aligned with the altcoins’ rally, even cracking the $45,000 threshold and now flirting with the $50,000 level, the question remains alive about the current status of the Bitcoin dominance index (BTCD). Since the start of the year, the benchmark...
4 Reasons Bitcoin Has Gone Bearish
However, most speculators believed that the bullishness was just a ‘bubble’ and that it would soon retreat to normal trading levels of around $30k to $40k. True to these predictions, Bitcoin started its meltdown in April, and its price almost hit $30,000. The previous bullishness...
Bitcoin Keeps Crashing – Time To Be Nervous?
Fortunately, however, the price recovered to $40k for about a week, and then it dropped back down to a support level at $33.5k. Support Level Seems Strong Over the past few days, however, the price has seen a bit of a recovery to $37,000, currently...
Technical Analysis On Whether Altcoin Season Has Begun
Even those of us who have been holding XRP for a bit of a while are now back in the green. XRP is currently selling for nearly $2 regardless of the legal issues Ripple is currently facing in the US. The impressive price action seen...
Five free tools that will make you a better crypto analyst
There are some fantastic crypto on-chain and trading tools out there, such as TradingView and CryptoQuant. Unfortunately, not everyone can afford the $100 or higher annual fees, especially when you need 4 or 5 different services. However, some alternatives provide top-quality data for free. One...