Technical Analysis
Technical analysis is a widely used methodology in the world of cryptocurrencies, encompassing the evaluation of various factors to predict price movements and make informed investment decisions. It involves analyzing historical price data, trading volume, and market trends to identify patterns and trends that may repeat in the future. By utilizing statistical tools and chart patterns, technical analysis aims to provide insights into potential price direction and timing. For individuals involved in the crypto space, technical analysis serves as a valuable tool to understand market sentiment and make informed trading decisions. Companies and protocols within the blockchain networks also employ technical analysis to assess market conditions and optimize their strategies. Moreover, crypto exchanges utilize technical analysis to provide users with comprehensive trading tools and indicators, enabling them to make data-driven decisions.
Bitcoin Holders Continue to Shrug Off Macro Data
The cost basis for bitcoin has fallen and bitcoin holders appear to be feeling less pain.
BTC Markets Entering a New Phase in Potential Accumulation Season
Asset managers appear comfortable with increasing their exposure to bitcoin.
Dogecoin Above 200-Day Moving Average by Most Since June 2021
While the meme coin has crossed into what technicians view as bullish territory, chasing the rally may be risky, according to a chart analyst.
Crypto Markets Analysis: Money Supply Growth Is Falling, an Encouraging Sign for Fed Progress
The two largest cryptocurrencies by market capitalization traded flat Tuesday, while hovering well above their most recent support lines.
Dogecoin’s 102% Spike Steals the Spotlight as October Ends
Bitcoin's price has neared a key level months after the June 13 sell-off. Investors should still watch for movement of bitcoin to exchanges.
Bitcoin, Ether Press Higher as Momentum Increases
Bitcoin's price has neared a key level months after the June 13 sell-off. Investors should still watch for movement of bitcoin to exchanges.
Crypto Markets Remain Stable Following GDP Release, Bitcoin Stays Over $20K
Thew prices is higher on more volume, but a number of whales are moving bitcoin to exchanges, which could foreshadow selling pressure.
Bitcoin, Ether Price Surge May Not Last: Crypto Markets Analysis
Prices are higher on more volume, but a number of whales are moving bitcoin on to exchanges, which could foreshadow selling pressure.
Technical Analysis Is Dead, Long Live Transaction Analysis
Historical price movements can only tell crypto traders so much about where prices are trending.
Asset Managers Add to Bitcoin Long Positions Ahead of Price Increase: Crypto Markets Analysis
Institutional Investors have been increasing their holdings in bitcoin, although the moves are unlikely to foreshadow a long-term price increase.
