Bitcoin Ticker

After causing tremendous volatility at the end of October and most of November. Bitcoin has now entered a period of consolidation as its bulls and bears send BTC between the upper and lower limits of an adjusted trading range. However, this period of lateral trading could end soon, as an analyst no longer realizes that Bitcoin is currently expressing several bearish signs. That could cause problems for its short-term price action. Bitcoin inches as high as the BTC input consolidation phase At the time of writing, Bitcoin is trading at just under 1% at its current value of $7,350, a slight drop from its daily high of $7,400. In the short term, it seems that Bitcoin has established the $7,400 area as the relative resistance level. While the $7,200 area seems to be the support level  for the cryptocurrency . It has set a limit for lateral trade in recent days, reflecting a significant change in volatile trade seen steadily over the past few weeks, with the big rebound starting at a m...

The Altcoin  cryptocurrency  known as Chainlink has been an exceptional year, bringing investors in project earnings of more than 1,100% from the lowest point to the peak. However, a violent sale has begun on the asset, with investors taking advantage of the incredible benefits it has received throughout the year. The price action closely mimics a Wykoff distribution plan that suggests that sales will continue in the future. A Look Back At The Altcoin’s Year of Strong Performance Since the crypto advertising bubble emerged. The stories of cryptocurrency investors who got rich overnight have dried up and become much less common than myths or fairies. That date back to the days when the exuberance Irrational had become widespread. The public had taken control. But from time to time, an alternative currency will appear that will disturb the industry and surprise the crypto community with massive profits. This year’s poster for crypto moon is none other than Chainlink. At the beg...

Fundamentally, Ethereum moves from strength to strength. Network activity is active, development is on the way, an update is imminent and DeFi is reaching record numbers. Still,  ETH prices  have fallen again, what is happening? Ethereum Network Strengthens Despite the FUD bargaining between Bitcoin maximalists and rival network supporters, Ethereum remains the second largest crypto asset for good reason. There are many ways to measure the state of the network, with the hash rate one and the activity second. According to research conducted by Blockchain Analytics, more than 70,000 new addresses were created on the Ethereum network in the last 24 hours. In addition, there were approximately 245,000 active addresses that prove that things are still working well. A summary of last month’s activity at Ethereum also reinforces things for the overall health of the network. Positive metrics include more than 9 million blocks mined in Ethereum, 15.6 million addresses with ze...

After a positive week, in which BTC represented a solid 18%, the bears seem to be returning to the force. This perception is again negative as the Christmas rally is expected to fall a second time and analysts are analyzing $6k. BTC consolidates but for how long? BTC remains above $7k for the second day of this week and has begun to create a consolidation channel here. At first, it is only a few days before making a big move so that something is imminent. The trade dropped to $7,150, according to Tradingview.com, last night, but quickly returned to $7,350, where the property is currently listed. In the hourly chart,  Bitcoin supports  the 200-hour moving average. A death cross in this short period of time can cause more damage. The departure from the daily chart still shows a clear decrease with support greater than $6,800. Merchant and analyst Josh Rager have conducted another mini-survey to assess general sentiment and this is a massive slowdown at this time. Appr...

After trying to promote Bitcoin (BTC) higher yesterday,  the cryptocurrency  bull lost some of its strength, pushing the bears to the cryptocurrency at $7,200. Which seems to be a significant level of support for the cryptocurrency, which buyers have defended constantly. An analyst no longer realizes that the buyer’s ability to defend this level despite the seller’s current strength may mean greater impending stability, but analysts remain opposed to recovery. Will it be permanent or not?