Price Analysis 5/1: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, XLM

Most major cryptocurrencies are facing resistance at higher levels, meaning a few days of consolidation could be needed before the rally can resume. The total crypto market capitalization has jumped from about $198 billion on April 22 to over $263 billion on April 30. This 32% rally in roughly eight days shows that investor sentiment is bullish. While this is a positive sign, the problem is that most people expect a repeat of the previous bull run. But with coronavirus still not reigned in, investors are likely to sway between…

New Analysis of Top 10K Ethereum Wallets Gives Highly Bullish Outlook

Adam Cochran, the analyst who predicts Ethereum 2.0 staking will cause a new bull run, released a 109-strong Tweetstorm on April 29, revealing his findings from a manual audit of Ethereum’s 10,000 fattest wallets. The conclusion of the research, also presented in a blog post, is that things are currently looking incredibly bullish for the number two cryptocurrency by market cap. Distribution to rival Bitcoin Cochran’s first port of call is the distribution of Ether (ETH) amongst the top wallets. This is something which many critics point to as proof…

Price Analysis 4/27: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, XLM

Bitcoin prices are holding up well but the fact that many altcoins are witnessing profit booking suggests that the focus is shifting back to BTC. Crypto traders seem to be approaching the Bitcoin halving without any fanfare. Bitcoin’s (BTC) price action has been marginally positive in the past few days but it has only recently overcome the sharp crash of March 12. When the markets approach an important event without the overhang of huge expectations, it does not have to worry about disappointment and large-scale liquidation of positions. This could…

Quantitative Analysis Advisor Autowhale – Blockchain News, Opinion and Jobs

Listed in: Blockchain Jobs. 👔 Requirements/Skills: Comprehensive CV outlining your educational and work experience which is relevant for the quired skills 1-3 pages document outlining reference projects you already built or worked at. Examples for suitable work-experience: Scientific research, hedge funds, trading desks, data science/machine learning, … 5+ years in at least one the given industries Academic degree in one of the given fields 🚀 Expectations: Must sign commitment agreement before grants get approved Excellent understanding of financial markets and ranking criteria Excellent in clear communication and…

This Market Cycle Analysis Suggests Bitcoin Isn’t Done Crashing Yet

Over the past few weeks, crypto investors have been wondering if Bitcoin bottomed during the crash to $3,700. After all, the asset traded there for mere minutes, falling to that level as a result of a seeming cascading series of orders on derivatives exchanges rather than pure, organic price action. According to a simple market cycle study of Bitcoin’s two macrocycles, 2013-2015 to 2016-2018, the bottom is not yet complete. Related Reading: Crypto Tidbits: Bitcoin Loses $7k, Blockchain Layoffs, Ethereum DeFi Explodes Simple Market Cycle Study: Bitcoin May Not Be…

This Market Cycle Analysis Suggests Bitcoin Isn’t Done Crashing Yet

Over the past few weeks, crypto investors have been wondering if Bitcoin bottomed during the crash to $3,700. After all, the asset traded there for mere minutes, falling to that level as a result of a seeming cascading series of orders on derivatives exchanges rather than pure, organic price action. According to a simple market cycle study of Bitcoin’s two macrocycles, 2013-2015 to 2016-2018, the bottom is not yet complete. Related Reading: Crypto Tidbits: Bitcoin Loses $7k, Blockchain Layoffs, Ethereum DeFi Explodes Simple Market Cycle Study: Bitcoin May Not Be…

Ross Ulbricht’s 9th Price Analysis Predicts Bitcoin Prices Below $3,000

The founder of the Silk Road marketplace, Ross Ulbricht, has published another analysis that attempts to predict the price of bitcoin. Ulbricht started sharing his price examinations last December and he leveraged the patterns of Elliott Wave theory to bolster his forecast. Also read: Bitcoin Revolution: Wanna Earn $1,000 a Day? Government Warns About This Scam Ross Ulbricht Predicts Sub-$3K Bitcoin Prices Ross Ulbricht has been locked behind bars for a long time now and during the last few months, he’s been publishing his analysis reports concerning the price of…

Ross Ulbricht’s 9th Price Analysis Predicts Bitcoin Prices Below $3,000

The founder of the Silk Road marketplace, Ross Ulbricht, has published another analysis that attempts to predict the price of bitcoin. Ulbricht started sharing his price examinations last December and he leveraged the patterns of Elliott Wave theory to bolster his forecast. Also read: Bitcoin Revolution: Wanna Earn $1,000 a Day? Government Warns About This Scam Ross Ulbricht Predicts Sub-$3K Bitcoin Prices Ross Ulbricht has been locked behind bars for a long time now and during the last few months, he’s been publishing his analysis reports concerning the price of…

Price Analysis April 6: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

Many major cryptocurrencies are breaking out of their critical overhead resistance levels and it seems the uptrend is likely to continue for the next few days. During a crisis, the first thing panic-stricken investors do is to sell almost every asset class they perceive is likely to go down. However, after the panic settles down, the bottom fishers step in and start buying the assets that show value. We have seen both of these phases play out for cryptocurrencies. The sharp selloff on March 12 was a good example of…

Bitcoin Price Analysis: After Failing to Reclaim $7,000, What’s Next for BTC?

In brief: Bitcoin exhibited some bullish momentum earlier on in the week.  BTC traded briefly at $7,200, dropped below $7,000 and then attempted, with no success, to reclaim this level as support.  However, we are back in familiar territory with $6,900 being the level to overcome once again.  On April fools day, keen crypto traders managed to identify $6,200 as a good support zone for Bitcoin and rode the $1,000 move that soon followed. The King of Crypto traded briefly at $7,200 (Binance rate) only to soon fall back down…