News

Welcome to our cryptocurrency news page! Here you will find the latest news, analytical articles, and updates from the world of cryptocurrencies. We strive to provide you with the most up-to-date and reliable information.

$BTC Has been trying to turn its local trend around. We've seen a the first higher highs and higher low created. A key level going into next week will be that monthly open level which would turn March back into the green.
news Twitter - daancrypto BTC
a year ago
$ETH Followed the idea so far. Would want to see this break above its local highs to try and fill the inefficiency from this week's dump. As you can see, that move from ~$2100 was very quick and has built little support/resistance on the way down. Generally, these candles get…
news Twitter - daancrypto ETH
a year ago
$BTC It's weekend so usually you'd be expecting slow sideways price action. Having said that, in recent weeks we've often opened with a gap of which the last one is still open (Up to 86K). The weekend price action works well in a sideways choppy market with low volatility.…
news Twitter - daancrypto BTC
a year ago
The interesting thing about depressed and euphoric sentiment is that one can transition into the other very quickly. Especially because both ends of the spectrum are usually paired with high volatility and big portfolio fluctuations. This is why sentiment tends to flip flop so…
news Twitter - daancrypto
a year ago
$TOTAL Crypto Market Cap not looking the prettiest but all things considered, these are corrections that are pretty common in this market. It has now traded back down to the election breakout which will be a key level to hold for the bulls. Anything lower and you'd be firmly…
news Twitter - daancrypto
a year ago
Stocks have not been this "oversold" since the Covid Crash back in 2020. This is based on the Daily RSI which now sits at levels which correspond with sharp sell offs. The 2022 bear market didn't quite hit this level as it was a slower and more orderly sell off. The NASDAQ hit…
news Twitter - daancrypto
a year ago
The market tends to top out when good news doesn't seem to move price up anymore. The market also tends to bottom out whenever there seems to be no positive catalyst ahead, meanwhile price stops trending down. That's when an equilibrium is found. The correlation between…
news Twitter - daancrypto
a year ago
Many charts looking similar to $PEPE. 1. Big run up post election. 2. Top in December/January. 3. Bleed down heavily afterwards. 4. Now trading below Election levels. A good sign for some of these coins would be to retake that pre-election level where the previous rally…
news Twitter - daancrypto PEPE
a year ago
$ETH Has been consolidating since the big dump. It has formed this falling wedge pattern which could be a decent structure for a local trend reversal. But for that to occur I'd want to see the breakout and hold above the white zone. If it can do that, we can start looking for…
news Twitter - daancrypto ETH
a year ago
$BTC The fight to holding on to the Daily 200MA/EMA is on. This is a pretty solid indicator of the mid/long term trend and overall strength of the market. The Daily 200EMA sits around $86K which is also where the recent CME gap from last weekend sits. So that's a key one to…
news Twitter - daancrypto BTC
a year ago
$ETH After holding the same support for the past 1-2 years, it finally broke through which caused a move below $2K for the first time since late 2023. It traded back down to the breakout level back in October 2023 which held as support for now. The key level remains $2K-$2.1K…
news Twitter - daancrypto ETH
a year ago
Funny, this comment bottom ticked the market. Bessent (Treasury Secretary), mentioning "some volatility" over 3 weeks not being a big deal. Entire sell off is exactly 3 weeks in. Wonder if there's some indication of the uncertainty ending here or just how the market seems to be…
news Twitter - daancrypto
a year ago
It rarely is ever different in recent days. $BTC just instantly selling off after the US Market opens.
news Twitter - daancrypto BTC
a year ago
Massive miss towards the downside on PPI. Let's see how this gets digested by the market today. Last month did get revised up. This combined with the lower CPI print yesterday should alleviate some fears about inflation short term.
news Twitter - daancrypto
a year ago
PPI is coming in 30 minutes. This number is less important than yesterday's CPI but still good to watch and I'm expecting some volatility. CPI came in lower than expected yesterday which was very welcomed. Both stocks & crypto traded up, retraced back down and slowly grinded…
news Twitter - daancrypto
a year ago
$DXY Has traded down considerably over the past couple of days. This is generally good for risk assets but its currently paired with further macro uncertainty (tariffs etc). Once that clears up and/or most has been priced in, it should help risk assets with these lower DXY &…
news Twitter - daancrypto
a year ago
The first quarter performances by $BTC & $ETH have not been up to expectations of many. Both are on track for their worst quarter since Q2 2022. Q2 is generally a good quarter for both but we'll likely need some catalyst or positive macro development to get some bid back into…
news Twitter - daancrypto ETH BTC
a year ago
This move down from the local top has been pretty brutal, even on $BTC. We've not seen price trade higher and see some relief for much more than 3 days at a time. It has usually just been short bursts of shorts getting squeezed followed up by immediate further downside. Alts…
news Twitter - daancrypto BTC
a year ago
If you're trading crypto, you're essentially trading stocks right now. $BTC & Stocks moving hand in hand nearly every tick. This is not unusual during times of uncertainty. Generally BTC leads the way down, then trades 1:1 and eventually also leads the way back out of the…
news Twitter - daancrypto BTC
a year ago
#CPI is coming in 30 minutes. A high print would not be very welcomed (as usual). Especially during uncertain times in the market like now, this kind of economic data usually has an increased impact. A high number would likely move the bond yields back up which is the opposite…
news Twitter - daancrypto
a year ago