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Altcoin trading has proven to be a lucrative source of income for many individuals. Now, you might be wondering, how do successful traders manage to do what they do? In this article, we explore four of the most popular altcoin trading strategies you can use in order to jump-start your trading career in the digital…
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In the last few years, several methodologies have emerged to determine the fair value of digital assets. In this guide, we introduce the Store of Value (SoV) thesis as a potential bitcoin valuation metric. What is the Store of Value (SoV) Thesis? The Store of Value (SoV) thesis says that something has value and will…
Read More “How to Use the Store of Value (SoV) Thesis to Evaluate Bitcoin” »
You use APIs all the time, but how can they be used for trading crypto? Let’s take a look at what APIs are and the role they can—and do—play for crypto traders. What Are APIs? API stands for Application Program Interface. With all the acronyms that flow across your screen from day-to-day, it can be…
Read More “What is Crypto API Trading? A Beginner’s Guide to Bitcoin APIs” »
Bitcoin price is trading with a bearish angle below the $8,880 resistance against the US Dollar. The price is likely to continue lower below the $8,640 and $8,600 support levels. There is a short term breakout pattern forming with resistance near $8,740 on the hourly chart of the BTC/USD pair (data feed from Kraken). The…
Read More “Bitcoin (BTC) Price Poised for Declines Unless It Breaks $9K” »
Bitcoin price is struggling to recover above $8,800 and $8,840 against the US Dollar. The price is slowly moving lower and it is likely to decline sharply below $8,600. Morning’s bearish trend line is active with resistance near $8,775 on the hourly chart of the BTC/USD pair (data feed from Kraken). It seems like there…
Read More “Bitcoin (BTC) Price Sighting Downside Thrust Before Higher?” »
Bitcoin price is trading in a downtrend below $8,800 and $9,000 against the US Dollar. The price is currently declining and it seems to be struggling near the $8,840 level. Yesterday’s major bearish trend line is active with resistance near $8,920 on the hourly chart of the BTC/USD pair (data feed from Kraken). The bulls…
Read More “Bitcoin (BTC) Price Eyeing Fresh Monthly Low Below $8.5K” »
In June, Bitcoin (BTC) saw itself go through a spectacular blow-off top. In a few weeks, the cryptocurrency had shot up by 50%, leading to a number of predictions that this market would surpass its all-time high in months. True to the unpredictable nature of the crypto market, however, this didn’t happen. After tapping $14,000…
Read More “Bitcoin Volume Profile Suggests Rally to Bring Price Past $20,000 is Near” »
After surging towards $9,300 yesterday, Bitcoin’s bulls have once again surrendered to bears, leading BTC to plummet back below its key support level at $9,000. This overnight movement has once again led the cryptocurrency back down to its previous support level at $8,700, and it is showing few signs of having any strength at the…
Read More “Analyst Claims $8,700 Marks Good Long Opportunity for Bitcoin Despite Overnight Plunge” »
Bitcoin (BTC) is about to see a massive bout of volatility, according to a long-term technical indicator. Sure, the leading cryptocurrency spiked by 42% two weeks back, surging from $7,300 to $10,500 seemingly on the news that China’s President was calling for the formal adoption of blockchain technologies. But, something bigger is purportedly brewing. Bitcoin…
Read More “Technicals Lean Bullish as Massive Bitcoin Price Move Brews” »
On Friday, the Bitcoin (BTC) market took a turn for the worst. The leading cryptocurrency, as reported by this outlet, tanked from $9,250 to $8,700 in a number of hours, with bulls running out of steam. While the bearish pressure has stopped, with Bitcoin finding some support at $8,850 as the short-term downtrend has ended,…
Read More “Analyst: Bitcoin Price Likely to Fall to Low-$8,000s as Chart Remains Weak” »