Vivid Indicators of a Bull Run in the Crypto Market (Bull Market)

In the cryptocurrency space, a bull market is one whereby the prices are expected to rise significantly or are rising. Due to the volatile nature of crypto, the term “bull market” is reserved for more extended periods characterized by the rise of a large portion of the prices. To be categorized as a rise, the price must be up 20% after two declines of 20% each. There is optimism, expectations of solid results, and investor confidence in a bull market,…

BTC Price Must Definitively Reclaim $48K to Confirm Continued Uptrend

BTC is back above $48K after an abrupt breakdown of bullish trajectory saw the king coin shed up to $1,500 in a matter of hours on Aug 25. The world’s first cryptocurrency regained lost ground as quickly as it had slumped. Now, changing hands for $48, 642.  That impressive rebound is likely attributable to bullish news from Bloomberg analysts. Some of them predict that the US Securities and Exchange Commission (SEC) could launch a Bitcoin ETF soon. In a Tuesday…

BTC Price Soars above $45K, While ETH Hits Three-Month High

The BTC price caught a sharp uptrend over the weekend and hit its highest level in months. The BTC/USD pair briefly crossed the $45K mark on Aug 8, hitting intra-trade highs of $45,363 before parrying some gains as investors rushed in to take profits off the table. The benchmark cryptocurrency has embarked on a remarkable run over the past week that has seen it gain over 20% from its low of $37.3K registered at the beginning of this month. The…

Best Cryptocurrency Trading Strategies for A Bull Market

Crypto trading is as huge a hotcake as any other hot stock. Players from the average Joe to the richest individuals and institutions are clamoring for a piece of the action. The massive attention of late paints a very different picture than the nascent 2009 launch of Bitcoin, the first cryptocurrency. It has switched from a geek's part-time occupation to an all-around credible investment, attracting investors in droves. As people venture into crypto trading, terms like bull and bear markets…

Ethereum in Hot Pursuit of New ATH: Analysts Are Extremely Bullish 

Over the past few hours, ETH has managed a bullish breakout above several key resistance levels while BTC continues to trade sideways. The second-largest cryptocurrency by market cap has been showing continued strong upward price momentum since the weekend, prompting crypto pundits to anticipate that ETH could soon set fresh highs and follow bitcoin's recent parabolic rally. ETH has gained over 12% in the past 24 hours and surmounted the $1,250 and $1,280 resistance levels against the US Dollar. As…

Tips on What To Do When the Crypto Markets are Bullish

If you're familiar with financial markets such as crypto trading, you're probably aware of bullish and bearish markets. The term "bull" and "bear" describe market conditions, and traders must know how to act in such conditions. A bullish market exists when traders are expecting crypto to increase in prices by up to 20%. In a bull market, investors are looking to invest their money due to increased investors' confidence in the market. However, despite the rise in market prices, the…

Bitcoin’s Dominance Suggests Imminent Crypto Market Rally

Within the previous week, the dominance of Bitcoin over the cryptocurrency market has been steady despite its decline since the beginning of 2020. The dominance needs to reduce for altcoins to secure any kind of huge momentum that does not depend on Bitcoin. According to a renowned cryptocurrency analyst, this may soon happen, noting that the cryptocurrency market is now closer than ever to seeing altseason, which allows altcoins to record huge gains. In his explanation, three major factors support this outlook, and…

Bitcoin Investor Sentiment Dropping, as Risk of Near Term Downside Increases

Bitcoin price recently witnessed a sharp decline that led it to test the $9,200 lows. However, the bulls gained strength and were able to push the price back into the $9,500 region. This price volatility has made the crypto vulnerable to witnessing a further decline in the coming sessions. Notably, buyers aggressively confronted this deal with buying pressure, confirming that it does have some important support within the lower $9,000 levels. Some analysts have pointed out that the flagship cryptocurrency…

Bitcoin is a Blue-chip Asset and Decentralized Exchanges Already Disrupted Centralized Exchanges, Says Coinbase

Recently, Coinbase carried out a research calling Bitcoin a blue-chip asset. It was reported that its position as a blue-chip asset is still undisputed and there is a trend where bull markets exhibit rising traction among alternative assets. The report says this may be due to several reasons, but majorly has to do with psychology. Investors seem more willing to consider altcoins during bull runs, like the time the market dominance of Bitcoin declined beneath 30 percent on Coinbase during…

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