Category: Bitcoin Price

XRP tests key resistance, huge open interest!

XRP seems to be built differently. With Bitcoin and other crypto charts showing positive signs of upcoming breakouts, XRP has triggered a major break with strong follow through momentum. This comes as XRP did not move along with Bitcoin and most cryptos during the Silvergate and subsequent Silicon Valley Bank issues. While cryptos moved down… Read More »XRP tests key resistance, huge open interest!

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Bitcoin and crypto pop as US government acts to protect deposits

Everyone is talking about Silicon Valley Bank and Signature Bank. What might not be known is that these banks both have ties to the crypto industry. With government intervention, deposits at both institutions will be guaranteed, and more backstops and safety nets have been put into play from the Federal Reserve and the Treasury to… Read More »Bitcoin and crypto pop as US government acts to protect deposits

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Bitcoin and crypto pop as US government acts to protect deposits

Everyone is talking about Silicon Valley Bank and Signature Bank. What might not be known is that these banks both have ties to the crypto industry. With government intervention, deposits at both institutions will be guaranteed, and more backstops and safety nets have been put into play from the Federal Reserve and the Treasury to… Read More »Bitcoin and crypto pop as US government acts to protect deposits

The post Bitcoin and crypto pop as US government acts to protect deposits appeared first on Equity.Guru.

Bitcoin and crypto reversals in play?

After what has been called a crypto winter, things could be turning for bitcoin and cryptocurrencies. Yes, I understand we had the FTX news, and now some Gemini and Genesis news. But the charts are telling a different story. Before I begin on the charts, I want to highlight something I have always said about… Read More »Bitcoin and crypto reversals in play?

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Bitcoin breakdown? Next price target: $12,000

What a roller coaster ride for the cryptocurrency sector. From a technical perspective, many of the crypto charts actually looked set for a new uptrend. Many charts had range breakout confirmations and many traders were ready to either jump in or await the retest. Those who did jump in surely have had their stop losses… Read More »Bitcoin breakdown? Next price target: $12,000

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Ethereum ready for lift off?

Rejoice Ethereum and cryptocurrency fans. Add in equity bulls too. From a technical analysis perspective, these markets are displaying reversal setups. Ethereum is more advanced, triggering its confirmation over the weekend. First off, why did I say that stock market (equity) traders should also be excited? My regular readers and I have already established that… Read More »Ethereum ready for lift off?

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Bitcoin hits our first target! Is $12,000 next?

After weeks of warning traders that bitcoin was going to dump hard because of a major technical break, the largest crypto has hit our first short target. $20,000 is a major zone people have been watching as it was the previous highs back in 2017. A picture is worth a thousand words, so the weekly… Read More »Bitcoin hits our first target! Is $12,000 next?

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