Bitcoin price recovered recently above $7,900 and $8,000 against the US Dollar. The price failed to stay above $8,000, formed a swing high at $8,080, and recently declined below $7,900. There is a key breakout pattern forming with resistance near $7,940 on the hourly chart
Investment management firm DARMA Capital is going long on Ethereum. Formed in 2017, the company manages $100 million worth of digital assets under its Ether Optimized Long fund for accredited investors and institutional clients. They are a CFTC regulated firm, with National Futures Association membership.
Summary: Although we saw a strong sell off yesterday, the bullish market structure has yet to be violated. The weekly support has been confirmed for the time being and our parabolic advance is still intact. We are currently failing to hold support in the $8,500s
Another week, another round of Crypto Tidbits. Over the past week, Bitcoin (BTC) has traded in a crazy range, moving between $6,000 and $8,350 in a fashion that seems very reminiscent of 2017. This came as a slew of positive news graced the cryptocurrency and
It’s no secret that mainstream financial experts are seldomly big fans of cryptocurrency, and they are often one of the primary groups that vocalizes that largest amount of qualms with the nascent technologies. One example of this is Kevin O’Leary, co-founder of O’Leary funds and