In the realm of cryptocurrency, Benjamin Cowen, a respected figure in crypto analytics, recently shared concerns with his YouTube audience, signalling a potential repetition of Bitcoin’s 2019 correction. Derived from a detailed analysis of Bitcoin’s price patterns, Cowen suggests a resemblance to historical dips, particularly referencing the “engulfing candle” pattern […]
The cryptocurrency sphere is buzzing with anticipation as Ethereum (ETH) is poised for a notable leap forward, potentially aiming for the $3,000 mark from its current valuation. Analysts, gauging market trends, predict Ethereum’s significant rally, drawing comparisons between its current behaviour and a historical pattern observed in Bitcoin (BTC). This […]
Ethereum, after a period of relative underperformance, is making a notable comeback, showcasing resilience and growth potential that challenges previous perceptions of it being an underbought asset. This bullish momentum is a stark contrast to its earlier label as a “beta play,” indicating less volatility and fewer rewards compared to […]
Solana’s journey in the cryptocurrency landscape has been nothing short of a rollercoaster. Initially recognized for its potential as a faster, more cost-effective alternative to Ethereum for DeFi and smart contract applications, the year 2022 brought significant challenges, leading SOL’s value to plummet below $10. However, recent developments have revitalized […]
MicroStrategy, a company renowned for its business intelligence software, has experienced an unparalleled surge in its stock value, primarily credited to its significant investment in Bitcoin. Unlike its counterparts in the tech industry, MicroStrategy’s appeal to investors revolves around its Bitcoin investments rather than traditional revenue growth or market share […]
