With markets taking a break from the US and China going off on each other for 5 days straight, investors are bracing for a potentially turbulent week ahead. Cryptocurrencies seem to have recovered a large chunk of their losses from the first week of April, but how long can we expect this upward reversal to last? Well, if we're being realistic, not long . If you...
We often scrutinize the price charts of volatile cryptocurrencies, but a look at stablecoin market capitalization can reveal surprising insights. Recently, Tether's USDT market cap chart caught my eye, particularly when juxtaposed with leading cryptocurrencies. While comparisons with Bitcoin have shown interesting correlations between USDT supply and broader...
About a week ago, I posted that the recent uptick in BTC (and the broader crypto market) was as a result of Bears taking profits and that the market will dip lower once this correction runs its duration. Well, so far, my prediction is still on track and we can expect prices to climb higher over the next few days (maybe even a week from when this is...
Earlier today, I took some time to scroll through Reddit and Twitter, where I saw discussions suggesting that the recent pullback in crypto is the first leg of the highly anticipated bull run. While I largely agree that the bull run is far from over, a broader look at price movements across multiple markets indicates that the bear market isn’t over yet. To prove...