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The smarts contracts giant continues consolidating within a descending parallel channel that began developing at the beginning of the month. Since then, each time Ethereum rises to the upper boundary of the channel, it pulls down to hit the lower boundary, and from this point, it bounces back up again. The recent bearish impulse that […]
Bitcoin has already seen a strong reversal from the highs seen earlier this week. As of the time of this article’s writing, the flagship cryptocurrency trades at $ 9,200. This comes after it fell as low as $ 8,950 during a flash sell-off on Wednesday, with the price being depressed by a leveraged-long liquidation event. […]
Due to a widespread recovery in risk assets, Bitcoin and its altcoin counterparts have recovered all the losses they have incurred in March. From the March lows of $ 3,700, in fact, Bitcoin is up by over 150%. Yet with BTC finally stalling in the $ 9,000s, analysts see a confluence of tell-tale signs that […]