Retail Investors Are Distributing Their BTC After failing to bounce back to the $48k level, BTC has dipped further below $47k, even setting a local low near the $45.9k level in the early hours of Thursday. Although it has since risen back above the $46.5k …

Max Pain After failing to stay above the $50k level, BTC has continued to decline, and some worrying signs are also starting to pop up. For example, there is now a distinct break below the previous bearish continuation pattern formed near the $49.2k support level. Further, the on-chain price walls that were…

An Imminent BTC Rally? Over the festive weekend, BTC surged above the $52k level, giving investors all over the world a flicker of hope that this extremely eventful year for crypto will end on a high note for BTC. However, the largest cryptocurrency by market cap soon lost its rallying steam, and ended up…

Good News All Around It looks like this will be a merry Christmas for most investors after all. In the U.S. stock market, new highs were just achieved on the back of speculation that the Omicron variant may not be as devastating as previously thought. …

Terra (LUNA) Rising In the past 24 hours, BTC began an upward swing after forming a double bottom pattern near the $45.5k support zone. As a result, BTC is now trading back above the $48k level as well as its 100-hourly moving average after seeing its price surge by around 5% in the…

Altcoin Party? The crypto market seems to be stalling in terms of price action as rising inflation uncertainties and concerns over Omicron continue to erode investors’ confidence. As a result, BTC failed to clear the $48.5k resistance level over the weekend, and is currently trading below the $47k level (an on-chain price…

Several L1s Grow in TVL Dominance As expected, BTC’s “relief rally” lost some of its steam shortly after failing to clear the $50k resistance zone. As a result, BTC is currently trading in a narrow range just below the $48k level. On top of this, many investors have also relocated some of their riskier assets to…

Increased Confidence in BTC The U.S. Federal Reserve has just ramped up its efforts in its battle against the worst case of inflation that we’ve witnessed in our generation. They have done so by accelerating the stimulus withdrawal process, as well as by projecting three rate increases in 2022. As a result, both the…

Are the Bears Out to Play? The prices paid to U.S. producers posted a record 10% annual rise in November, revealing that inflationary pressures will likely continue into 2022. On the back of this, investors are bracing themselves for a dramatic policy switch by the U.S. …