After 19 May’s crash, the crypto-market witnessed another mini-crash on 8 June, and yet again, all eyes were on Bitcoin. After the May crash, Bitcoin had to cling on to the $34k-level for a long time, and then continue moving upwards from there. Bitcoin was still making lower highs and lower lows there, and that […]
Even though it is an asset that is gaining more and more institutional interest, the crypto community’s flagship currency has been the best-performing asset class of the decade. Doyle asserted that Bitcoins shouldn’t merely be collected. Disclaimer: AMBCrypto’s content is meant to be informational in nature and should not be interpreted as investment advice. …Read […]
Lastly, Binance Coin showed a cup and handle pattern and a surge was expected in the coming days. On the hourly timeframe, a descending triangle was spotted – a pattern that usually sees a break to the downside. RSI picked up from 30 and settled around 50, reflecting a degree of equilibrium between buyers and […]
Bitcoin Cash could see some buying at the 38.2% fib level in case of a breakdown from the 50% Fibonacci retracement level. Rejection at this upper ceiling pushed BCH south and toward the 50% retracement level present at $964.2, but this area was yet to establish itself as a strong support zone. The 38.2% fib […]
With Bitcoin trading around the $58,000-level at press time, many in the community are rejoicing thanks to the larger market’s bullish sentiments. With the asset expected to hike to a valuation of $100K, Bitcoin’s long-term bull cycle is yet to well and truly turn heads in the mainstream market, even though the likes of Tesla […]