• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Analysis of Bitcoin and Altcoin Trends

user avatar

by Giorgi Kostiuk

2 years ago

Analysis of Bitcoin and Altcoin Trends

The recent article discussing the potential for double-digit gains in Bitcoin and altcoins highlighted intriguing patterns observed by a top analyst. The analyst, featured on Crypto Banter’s The Sniper Trading Show, pointed out the correlation between the last four FOMC dates and temporary bottoms for Bitcoin. It is fascinating to note that leading into December, Bitcoin prices typically experience a dip around FOMC days, followed by a reversal.

Despite recent declines, Bitcoin is currently holding at approximately $69,000. The key question raised is whether a reversal is imminent today, especially in light of...

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Microsoft Weighs Legal Action Against Amazon Over OpenAI Agreement

chest

Microsoft is considering legal action against Amazon over a $50 billion deal with OpenAI that may breach its exclusive cloud partnership.

user avatarMohamed Farouk

BIS Report Reveals XRP Holders Are More Educated and Wealthy Than Bitcoiners

chest

A BIS report claims XRP holders are more educated and wealthier than Bitcoin holders.

user avatarElias Mukuru

Canada's FINTRAC Takes Action Against Cryptocurrency Service Providers

chest

Canada's financial intelligence unit, FINTRAC, has revoked the registrations of 23 cryptocurrency service providers as part of a crackdown on money laundering.

user avatarDiego Alvarez

Crypto Faces Electoral Setback in Illinois

chest

Lieutenant Governor Juliana Stratton defeats pro-crypto Representative Raja Krishnamoorthi in the Democratic Senate primary in Illinois, marking a significant setback for the crypto industry.

user avatarKenji Takahashi

Vanity Fair's Controversial Profile of Crypto Believers Sparks Backlash

chest

A Vanity Fair article titled 'Crypto's True Believers' criticizes long-time crypto participants, leading to backlash from the crypto community.

user avatarMaria Fernandez

Ethereum Introduces Fast Confirmation Rule to Improve Transaction Speeds

chest

Vitalik Buterin announces a new Fast Confirmation Rule (FCR) for Ethereum to guarantee block stability after 12 seconds, significantly improving transaction speeds for exchanges and Layer 2 systems.

user avatarGustavo Mendoza

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.