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Find crypto analysis by Thibaut Desachy every Wednesday on our YouTube channel.
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While a wave of panic is affecting stock exchanges, the crypto market is also in decline but seems to be resisting better. The following days will be interesting: Bitcoin is down 10% in one week and is on the €8,300 to €8,500 ($9,200 and $9,400) level which should act as a support to confirm the […]
Mixed signals this week in the crypto market. While the price of Bitcoin seems to be dropping after hitting €9600 ($10,500), the global trend remains bullish. On the Altcoin side, Ethereum (ETH) and Tezos (XTZ) continue their impressive increases with respectively +18% and +26% over the last seven days. Even if we must stay cautious […]
The bullish acceleration is clear this week in the cryptocurrency market. The start of the year 2020 is one of the best in a long time. Bitcoin has gained a further 12% in seven days and has settled above the symbolic $10,000 level. But the altcoins offer even more impressive gains, like Tezos (XTZ) with […]
Consolidation is healthy on Bitcoin this week. The asset is stable, at +1.3%, and remain above the €8,400 ($9,200) zone on February 5th. This price action favors a new uptrend in the market, which could project the price into the €8800 to €9400 range ($9700 to $10,500). The Altcoin market is doing even better. Very […]
The uptrend seems to be confirmed in the cryptocurrency market. Bitcoin is up another 7% in the last seven days. More importantly, the price is now in contact with the €8,400 to €8,550 ($9,200 to $9,400) pivot zone. Even if other technical resistances are higher, the breakout of this range will trigger a long-term bullish […]
This week was mainly a week of consolidation in the cryptocurrency market. Bitcoin is stable over the last seven days, losing just 1%. Sideways action continues around €7,800 ($8,600). This consolidation pattern is still positive for the uptrend that began in early January, as long as the price remains above $85,00. A breakout of the […]
The cryptocurrency market shows a very optimistic scenario this week, especially on some altcoins. Bitcoin has gained 7% over the last seven daysm trading around €7,900 ($8,800) and breaking through a key resistance. Altcoins offer more impressive gains over the week. If Ethereum gains +15%, other assets literally explode: Bitcoin Cash with +41%, Litecoin with […]
The cryptocurrency market does not start 2020 as it ended 2019. Since January 3, all the cryptos have been on the rise. Bitcoin has gained 16% over the last seven days and is approaching a key resistance at €7,700 ($8,500). Ethereum jumps 12% in one week. In the market top 20 , assets such as […]
If 2020 was an exceptional year for Bitcoin and the crypto ecosystem, 2021 has already started very well. The sharp price drop due to the coronavirus is already forgotten, and major digital assets are breaking valuation records in 2021. But between the fundamentals of Bitcoin, decentralised finance or NFTs (non-fungible tokens), it’s not always easy […]
