Coinhouse Blog: Archives of Past Articles

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Is Bitcoin about to trap the buyers?

Mixed feelings on the cryptocurrency market this week. Bitcoin is quite disappointing with -5.7% over a week, falling back to the €8,000 ($8,800) level on November 13. While the market psychology is less bullish on Bitcoin, some altcoins realise strong gains. Over the week, Tezos (XTZ) is up by 25%, Chainlink (LINK) +12%, VeChain (VET) […]

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Are institutionals investing in Bitcoin right now?

Sideways action this week on Bitcoin, up by 2.07% and trading around €8,450 ($9,400$) on November 6. Consolidation continues but a medium-term bullish recovery is not yet confirmed. It is rather the altcoins that are performing this week, like Cosmos (ATOM) which gains 27% over seven days or Stellar Lumens (XLM) which gains 26%. Some […]

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Bitcoin rallies 40% in 24 hours, are we at the turn of a new bull market?

The cryptocurrency market will never end to surprise. Bitcoin was up 40% in 24 hours on October 26, going temporarily above $10,000. It is now trading around €8,300 ($9,200) on October 30. Such an increase in such a short period of time had not been observed since… 2011! Technical resistances were broken during this strong […]

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Bitcoin drops to $7,500, a buying opportunity?

Despite a bounce that occured last Sunday, Bitcoin suddenly dropped today to $7,500. Over the last seven days, its price is down by 9%, at €6,830 ($7,550) on October 23. Attention is turning to the futures contracts of the CME Group, a product widely used by institutional investors. Their monthly closing takes place this Friday. […]

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Bitcoin needs to quickly retest $9100

Bitcoin needs to quickly retest $9100

Bitcoin is loosing ground again this week, down by 7%, at €7250 ($8000) on October 16th. Technical analysis remains bearish since the strong drop which occured on September 24. Only a few altcoins, such as XRP and BNB, react better by remaining globally stable over the week. The Bitcoin chart must go back above the […]

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Bitcoin, buy now or wait for more clarity on the market?

Bitcoin is quite stable this week, down slightly by 2% over a week, trading at €7450 ($8200) on October 9. In the same time, some Altcoins are beginning to show signs of recovery. XRP gains 10% over the week, TRON 19% and Chainlink increases by an impressive 36% (see video). Bitcoin marked an interesting support […]

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Uncertainty in the crypto market, is it a good time to buy Bitcoin?

Uncertainty remains strong in the cryptocurrency market this week, with Bitcoin once again down 3% over the last seven days, trading at around €7600 ($8,300) on October 2. Altcoins remain correlated and no assets currently stand out in the market. Among the large caps, only XRP is slightly more resilient and regains 4.20% over a […]

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Altcoins awakening, will Bitcoin enter a new bull market?

Trend shift this week in the cryptocurrency market: the main altcoins are back into bull territory. Ethereum gains 20%, XRP 13%, and other top 50 cryptoassets also gain more than 10% over the last week. At the same time, Bitcoin is stable at +1.50%. It remains in its consolidation pattern and volatility is at its […]

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Will history repeat itself on cryptocurrencies?

The consolidation that began at the end of June continues on Bitcoin, which is up by about 5% in one week, trading around €9,100 ($10,000) on September 11. Volatility and volumes are at their lowest level in months. If the €8,200 ($9,100) support holds until the end of this consolidation phase, then the odds are […]

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