market analysis – 91��ý

Crypto Market Update

Dr. Achim Klein — Sun, 01 May 2022 19:13:54 +0000

Price and sentiment have been undecided between bull and bear. Rate hikes, inflation fears and a strong dollar might drag the crypto market down. But recently sentiment has been becoming a little bullish in the last days. 91��ý's algos will keep you posted once they identify a good opportunity.

Crypto Market Analysis and 91��ý Update

Dr. Achim Klein — Fri, 25 Mar 2022 12:30:36 +0000

Bitcoin and the crypto market are fighting resistance and continue their sideways trend. 91��ý uses boring market times to develop new industry-leading quantitative investment products to deliver in our mission of making accessible hedge-fund invesment approaches for everyone.

Latest Bitcoin Correction: A Bear Surge or Just Another Healthy Correction

T. Okonkwo — Fri, 27 Aug 2021 18:16:00 +0000

A week of euphoria for crypto traders and Bitcoin enthusiasts turned to one of mixed feelings after Bitcoin bulls attempt to go beyond $50k for the first time in over 3 months was met with rejection. With short-term technicals turning bearish, traders are left wondering if this is a healthy correction. Bitcoin lost over $3k ...

Bitcoin Prints More Bullish Pulse: $50k Incoming?

T. Okonkwo — Fri, 20 Aug 2021 17:38:18 +0000

BTC/USD price bounces off a key moving average, prompting altcoin prices to soar. Bitcoin has shown significant signs of strength this week and might just hit $50k this week. BTC has printed a more bullish pulse this week, picking up patterns similar to April’s ATH. Will the improved momentum mid-time frame chart signal a full-scale ...

Bitcoin Aiming To Pierce Through To $50k Levels But Near-Term Correction Is Likely As Bearish Divergence Is Formed

T. Okonkwo — Fri, 13 Aug 2021 15:08:58 +0000

Bitcoin Bulls have been having a great go in the past few days as its latest upward trend sees Bitcoin taps a three months high this week. Amid regulation controversies from the US government on taxation, the Bulls are shining but bearish divergence is seen to have formed, and short-term correction looms. Having backtested the ...

Crypto Market Sees A $100 Billion Boost In Market Cap As Bitcoin Surges Past $40,000

T. Okonkwo — Fri, 06 Aug 2021 15:47:55 +0000

The start of the week did not go all well for the cryptocurrency powerhouse as Bitcoin dropped from $40k it attained the previous week. Having attained two months high of $42k, Bitcoin dropped to a week’s low of $37,271k on Thursday. With a BTC rally reclaiming the $40k mark, the Crypto market cap has grown ...

Market Analysis: Is Bitcoin Headed For Further Crash?

T. Okonkwo — Fri, 28 May 2021 16:57:38 +0000

Yet another week of indecisive price action as Bitcoin was unable to reclaim the $40k levels. Traders remain extremely cautious following last week’s brutal sell-off, but on-chain data is beginning to signal increasingly bullish activity. The past week hasn’t gone in favour of the bulls as the price of Bitcoin is down about 9%, currently ...

Bitcoin: Sell Season?

T. Okonkwo — Fri, 14 May 2021 13:06:54 +0000

Bitcoin, the digital currency giant started off to a good start this week but took a sharp drop trend following news that Tesla suspended accepting BTC as payments for their electric vehicles. A sea of reds for the crypto world at some point this week. The question now is, is it time to buy or ...

Bitcoin Bull Run Finally Coming To An End?

T. Okonkwo — Fri, 07 May 2021 16:28:28 +0000

A week that sees Bitcoin trying to stage a comeback in order to catch up with spectacular price action seen in Ethereum and other altcoins. Is the Bull season over? Comedian Bill Maher Just Made Bitcoin Decidedly ‘Uncool’ The power being used right now to guess numbers and win imaginary prices is the same ...

Bitcoin To Hit 100k This Year Despite Recent Price Slump – Experts Believe

T. Okonkwo — Fri, 30 Apr 2021 12:41:16 +0000

The flagship cryptocurrency has been recovering from its recent slump of around the 46,000 range having attained ATH of $64,900 last-week. Despite recent panic, some analyst still expects six-figure Bitcoin prices this year. Pending any dramatic movement in price today, this is the first time in six years that Bitcoin will end the month of ...

A Red Week But Bitcoin Still Bullish

T. Okonkwo — Fri, 23 Apr 2021 16:20:07 +0000

A red week for Bitcoin and the cryptocurrency market. With only a few exceptions, almost every crypto experienced a decline this week. Bitcoin saw a stormy week in which the price dropped by a steep 20% to break beneath $50,000 and reach as low as $47,500 today. Peter Brandt: ‘Laser eyes’ to blame for ...

Bitcoin: Is $70k in Sight?

T. Okonkwo — Fri, 16 Apr 2021 19:38:03 +0000

A week that sees Bitcoin break above the stiff overhead resistance at $61,825.84, indicating the resumption of the uptrend. The sharp rally also completed the breakout from the inverse head and shoulders pattern that has a target objective at $69,540. Bitcoin traded at a record high of $64.5k this week. Will Bitcoin continue an upward ...

Bitcoin Consolidating Recent Gains

T. Okonkwo — Fri, 26 Mar 2021 14:15:16 +0000

Taking about 10% fall in price in the past seven days, the cryptocurrency giant Bitcoin has experienced a fall throughout the week after slipping beneath an ascending trend line around the previous ATH from February at around $58,300, back on Monday. On Saturday March 20th, Bitcoin was rejected trying to break through the $60k resistance ...

Bitcoin Price Analysis: Resistance Stumbling Block For New ATH?

T. Okonkwo — Fri, 19 Mar 2021 23:09:29 +0000

Having touched an all time high of $61k, Bitcoin experienced yet another week of volatility which sees the digital currency giant take a peel back and retracing to week low of around 53k. Most altcoins experienced similar trend however, some performed much better than others. Is Resistance the hurdle to setting a new ATH? ...

Bitcoin’s Next Station $100k?

T. Okonkwo — Fri, 12 Mar 2021 18:53:24 +0000

Along the US goverment’s economic stimulus package and large investors’ crypto buyings, the whole week witnessed a large rebound of Bitcoin from $49k to $57k after its recent correction since February 22. Will Bitcoin go above its all time high anytime soon? Exciting stimulus news makes impact? The crypto giant made gains on Sunday moving ...

Read moreBitcoin’s Next Station $100k?

“The Road To Glory Is Always Bumpy” – While Bitcoin Corrects, Long Term Sentiment Is Still Bullish

T. Okonkwo — Tue, 23 Feb 2021 22:00:07 +0000

The past two days showed a 15% dip to the cryptocurrency king, Bitcoin. This dip has brought about panic as investors fear that further downward trend of the cryptocurrency could lead to more investors liquidating. Bybt reports via their twitter account that there’s been a total of $4.4 billion liquidated in the past 24hours. https://twitter.com/bybt_com/status/1364118435907526656?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1364118435907526656%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fpublish.twitter.com%2F%3Fquery%3Dhttps3A2F2Ftwitter.com2Fbybt_com2Fstatus2F1364118435907526656widget%3DTweet ...