Bull Market

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…

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…

Bitcoin reward halving has happened and the bull market should be ready to swing into action. However, the recent rally’s volume profile could bring about declining moves which might suggest Bitcoin returning to an extended seller market. It is commonly said in the traditional markets that volume precedes price, but Bitcoin traders may not be familiar with it. This means smart money usually takes positions early, which does not always reflect price movements. Rather, trading volume can offer an early…

If you are new to investing in the crypto market, you've likely heard people talking about crypto bull/bear markets or crypto whales, but you might not be sure what they mean. The truth is that it's possible to make money in both bull and bear markets, but there are different strategies for each. That said, investors should be cautious when putting their money into cryptocurrency markets, no matter what type of investing environment we are experiencing, because there are serious…