• 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

a year 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

Transforming Education with Immersive AI Learning System

chest

The Immersive AI Learning System (IAILS) by Fourth Star enhances learning by activating natural memory systems, utilizing multisensory immersion, gamification, and AI support for better retention and comprehension.

user avatarMaria Gutierrez

Why Traditional Engagement Tools Fail in Education

chest

Traditional digital education tools often fail to enhance learning despite increased engagement.

user avatarDavid Robinson

Chainlink Gains Attention with TradFi Integrations

chest

Chainlink is gaining attention due to its integrations with traditional finance platforms, enhancing its role as a leading oracle provider in the cryptocurrency space.

user avatarJacob Williams

Polys Transforms Cloud Storage with AI-Powered Search

chest

Polys has pivoted from 3D asset creation to AI-driven cloud storage, offering 100GB of free storage and advanced search capabilities.

user avatarAndrew Smith

The Commitment of Traders (COT) Report: Insights into Market Positioning

chest

The COT report provides insights into market positioning and potential reversals by analyzing futures market positions.

user avatarKaterina Papadopoulou

Utilizing Open Interest (OI) for Market Analysis

chest

Open Interest (OI) is a key indicator for measuring the strength of price trends in the derivatives market.

user avatarEmily Carter

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.