Crypto Research
705 Results
Bitcoin eclipses prior all-time high and tests $67,000, completing the comeback from a 55% drawdown April through July. ProShare’s Bitcoin Strategy ETF (BITO 4.75% ) was a huge success, garnering $570 million in asset inflows in its debut, and breaking the record for the fastest ETF to achieve $1 billion in assets on just its second day of trading.Open interest and funding rates increase, but the current Bitcoin leverage ratio and put/call ratio...
Bitcoin breakout can lead to near-term acceleration, while Ethereum following suit
Bitcoin took the lead in pushing back to new all-time highs on a closing basis Tuesday, coinciding with the successful launch of Proshares Bitcoin futures-based ETFInitial upside targets for BTC above 65k lie near 72.50k, then 89k, and thought to be definitely within reach on this breakout of former peaks.Popular Alt-coins like ETH/USD, SOL/USD, DOT/USD, XTZ/USD, BNB/USD look close to their own breakouts, with Ethereum set to possibly make a...
Ethereum set to gain in relative strength & should join Bitcoin in exceeding Sept highs
Ethereum looks to be starting to gain on Bitcoin after a near one-month period of underperformance throughout SeptemberBreakout in ETHUSD “Market-cap Dominance trends should help Ethereum to gain ground in relative strength and break out of highs just over 4000 from SeptemberBoth ETHUSD and BTCUSD should gain further strength in the weeks ahead, and technically it looks right to own both near-term ------------------------- Thursday’s push in ETHUSD to new multi-week...
A FUD-free week combined with shifting regulatory sentiment catalyzes a 33% weekly increase for BTC and a 28% increase for ETH. Bitcoin’s market cap returns to $1 trillion and trades above the 200-day moving average. Data points to a spot-driven market for Bitcoin as just over $100 million in short positions were liquidated on Wednesday’s move and leverage remains relatively subdued despite the bullish price action.BTC transfer volume data demonstrating a...
Crypto breakout drives massive short-covering, looks important technically
Many Cryptocurrencies look to have made significant technical breakouts starting early Friday morning with BTCUSD, SOLUSD, ETHUSD, LTCUSD, and XRPUSD all jumping 8% +Technically this looks to be a positive given prices having eclipsed weekly highs as well as one-month downtrends. This gives rise to the possibility that BTCUSD might be kicking off its traditionally bullish 4Q seasonal rallyMomentum remains positive on weekly charts and has turned quickly back to...