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Find crypto analysis by Thibaut Desachy every Wednesday on our YouTube channel.
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Another difficult week for the cryptocurrecy market. Within a strong correction that has been going on for 6 months now, Bitcoin is loosing 8% over the last seven days, falling back to the €6,000 ($6,600) level. This level, already tested on November 25, seems to be about to break this time, with the risk of […]
Stable week for Bitcoin, with -0.70% trading at €6,530 ($7,230) on December 11. While major altcoins such as Ethereum are also stable, other ones with poor liquidity have experienced significant losses this week. The market is still waiting for the next clear direction of the Bitcoin price. A cross of €7,100 ($7,900) would be a […]
Mixed feelings this week on the cryptocurrency market with Bitcoin stable at +4.7%, at €6,800 ($7,550). Following a bounce, the market has been on a downtrend again since November 30. The €6,000 ($6,500) level remains the most recent low to watch. Ideally, the price should remain above the €6,600€ ($7,200) pivot to hope for a […]
Panic selling on the cryptocurrency market this week. Bitcoin is losing 10.3% over the last seven days, trading around €6,300 ($7,000) on November 27. The price even approached €6,000 ($6,500) on November 25, with a very negative sentiment about the market, especially on social media. Altcoins are almost all dragged into this dowtrend spiral. Despite […]
Bearish week for the cryptocurrency market. Bitcoin lost 8.4% over the last seven days, falling back to the €7,250 ($8,000) level on November 20. This decline in Bitcoin has also stopped most of the increases observed last week on altcoins. However, since the beginning of 2019, Bitcoin’s return on investment has remained above 100%. The […]
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) […]
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 […]
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 […]
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. […]
