Market Analysis: Bitcoin (BTC) and Total Crypto Market Cap Soar to New 2019 Highs

May 27, 2019  /  by Zachary Mashiach
Yesterday around 3 p.m. Eastern time, the price of Bitcoin (BTC) rallied from $8,000 to $8,700, finally breaking through the stubborn $8,300-$8,400 resistance level. Bitcoin (BTC) continued to rise after that, reaching a new 2019 high of $8,920 in the evening. This new 2019 high is 188% above the bear market low of $3,100 in… Read more

Crypto.IQ Daily Radio Show May 27: Bitcoin (BTC) Rises to $8,800 and Total Crypto Market Cap Gains $25 Billion in 24 Hours, Bitcoin Cash (BCH) Experienced a $1.3 Million Double Spend Attack on May 15, Cryptopia Founder Launching a New Crypto Exchange, Bitcoin (BTC) Is a Safe Haven in Argentina

May 27, 2019  /  by Zachary Mashiach
Listen to the May 27 Crypto.IQ Daily Radio Show On this edition of the Crypto.IQ Daily Radio Show, we do a deep dive market analysis. Bitcoin (BTC) has broken through resistance at $8,300-$8,400 and is currently trading near $8,800. The rest of the crypto market has surged into the green, and the total crypto market… Read more

Bitcoin: Tea Cup and Handle

May 24, 2019  /  by Bill Noble
Continuing on our relentless theme of applying old school chart techniques to crypto, we are seeing a classic chart formation develop in Bitcoin (BTC). Looking at XBTUSD on BitMEX, we are seeing a “tea cup and handle” continuation formation on an intraday chart (Figure 1). Figure 1 The theory behind the pattern is simple. A… Read more

Market Analysis: Crypto Market Surges Into the Green as Bitcoin (BTC) Rises to $8,100

May 24, 2019  /  by Zachary Mashiach
Around 5 a.m. yesterday morning, Bitcoin (BTC) dropped to as low as $7,500 and was close to shattering its critical support level. However, Bitcoin (BTC) then rose throughout the day yesterday, and this steady rise has continued into today. Around noon Eastern time, Bitcoin (BTC) reached $8,170 before pulling back to $8,020 by 3 p.m.… Read more

Market Analysis: Most Major Cryptocurrencies up Over 10%, Bitcoin (BTC) Rises Back to $8,200, Total Crypto Market Cap Climbs to New 2019 High Of $252 Billion

May 15, 2019  /  by Zachary Mashiach
Bitcoin (BTC) tested support near $7,600 yesterday at 5 p.m. Eastern time before quickly recovering to $8,100 around 8 p.m. After that Bitcoin (BTC) went as low as $7,900 in the early morning hours, recovered to $8,150 by 6 a.m., and dropped again to $7,900 during the late morning hours. Throughout the afternoon, Bitcoin (BTC)… Read more

Crypto.iq Daily Radio Show May 15: Altcoins Surging Into the Green, Binance Re-opening Deposits and Withdrawals Today, Cryptopia Suddenly Shuts Down and Begins a Liquidation Process That Will Last for Months, IOTA (MITOA) Teaming up With a Luxury Fashion Company, Canadian Crypto Hedge Fund NextBlock Fined Over $500,000 and Closes Down

May 15, 2019  /  by Zachary Mashiach
Listen to the May 15 Crypto.IQ Daily Radio Show On this edition of the Crypto.IQ Daily Radio Show, we do a deep dive market analysis. Bitcoin (BTC) is near $8,000 this morning. The altcoin market is looking healthy with several major cryptocurrencies up over 10% in the past 24 hours, resulting in a decline of… Read more

Market Analysis: Cryptocurrency Prices Recovering After Yesterday’s Dump, Ripple (XRP) And Bitcoin SV (BSV) Up 10 Percent

February 25, 2019  /  by Zachary Mashiach
Bitcoin (BTC) rallied to $4,200 on Saturday, the third in a series of rallies that started near $3,300 in early February. These consecutive rallies fueled speculation that the bulls might make a real break out and finally defeat the bears. However, Bitcoin (BTC) crashed as low as $3,715 on Sunday, with all other major cryptocurrencies… Read more

Ethereum (ETH) and Ripple (XRP): Charting Both vs. Bitcoin (BTC)

February 6, 2019  /  by Bill Noble
At the time this report was written on Feb 6, Ethereum’s (ETH) market cap was roughly $1 billion below the market cap of Ripple (XRP). Source: Coinmarketcap.com. This seemed curious with the recent report hypothesizing that Ripple’s market cap may be overstated by $6 billion. Is Ethereum really that bad? We decided to move outside… Read more

THE ALT NUCLEAR WINTER

March 24, 2018  /  by Michael Kimelman
Now is the Winter of Our Discontent…. Hyper-volatility may make crypto a trader’s paradise, but it can be gut-wrenching for those of us in this game for the long run. December mania has become March despair. We’ve watched the prices of most altcoins get clubbed like a seal, with even the blue chips being bludgeoned.… Read more