sentiment

Bitcoin staying above $50K can strengthen these market trends

Source Node: https://ambcrypto.com/bitcoin-staying-above-50k-can-strengthen-these-market-trends/
Time Stamp: October 6, 2021 4:30 AM - Modified On: October 6, 2021 - Published By:
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Over the past few weeks, the crypto-market has failed to sustain a particular trend for too long, especially when it comes to Bitcoin. So, when the discussion comes to profitability, it is important to note who’s profitable and for how long. Right now, looking at the spending behavior of investors, it looks like they will begin to… What you should know about profitability This week saw a hike in overall profits across the market and at the same time, a decline in losses too. Presently, Bitcoin’s price action is supporting

The best call in the Chainlink market right now is…

Source Node: https://ambcrypto.com/the-best-call-in-the-chainlink-market-right-now-is/
Time Stamp: September 24, 2021 6:30 AM - Modified On: September 24, 2021 - Published By:
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Chainlink was in recovery mode after shedding 36% of its value from mid-September. An up-channel formed over the last few days as bulls attempted to lift the market from its recent lows. However, sellers still had the upper hand as LINK traded below key Fibonacci levels. A 12% sell-off was even threatened by the formation of a bearish flag on LINK’s daily chart. To overcome these challenges, LINK needs

The correlation between Bitcoin and S&P 500 has these implications

Source Node: https://ambcrypto.com/the-correlation-between-bitcoin-and-the-sp-500-has-these-implications/
Time Stamp: September 15, 2021 10:30 PM - Modified On: September 15, 2021 - Published By:
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The on-going corrections being witnessed in the U.S. stock market has managed to fuel in fear amongst people from the crypto space too. Even though they represent completely different spectrums of the financial landscape, both the markets have historically, maintained an on-and-off relationship. Source: TradingView Altering dynamics Interestingly, both markets have witnessed major bull and bear phases in synchronization. Earlier in March this year it was proved that the crypto space is not immune from big crashes witnessed in the traditional financial world. Right after that in April, it was

With a ‘ready to go’ ecosystem, does Polkadot have a shot at the $250-$350 range

Source Node: https://ambcrypto.com/with-a-ready-to-go-ecosystem-does-polkadot-have-a-shot-at-the-250-350-rage/
Time Stamp: September 15, 2021 7:30 PM - Modified On: September 15, 2021 - Published By:
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Polkadot, the 8th largest token has been surging for a while now. Steady development and strong fundamentals significantly contributed to a rally toward a new all-time high ($49.80). Consider this plot- DOT is up 356% YTD. Source: CoinMarketCap Meanwhile, the flagship token witnessed a 256% recovery over the last 56 days, as per Trading View. Although the token, at press time is trading just shy of the $37 mark (down by almost 23% from its ATH)- different analysts remain bullish. For instance, crypto analyst Lark Davis took to Twitter to shed

Supply dynamics suggest Bitcoin can make a run for $100k if… 

Source Node: https://ambcrypto.com/supply-dynamics-suggest-bitcoin-can-make-a-run-for-100k-if/
Time Stamp: September 14, 2021 4:00 AM - Modified On: September 14, 2021 - Published By:
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Bitcoin’s upward trajectory, after getting interrupted by an 18% dip last week, was met with a lot of consolidation. However, as Bitcoin holders looked reluctant to sell-off at a crucial time amid anticipation of a price rise, on-chain metrics offered an interesting insight into the current market sentiment.  Some interesting divergences in BTC’s supply dynamics posed a complex question – Are they projecting bullish or bearish divergences? Ergo, to gauge bullish/bearish signals, it is imperative to weigh the same against market sentiments to understand the crypto’s price trajectory.  Post-halving blast

These factors were key to taking the steam out of Bitcoin’s ‘frenzied crypto-rally’

Source Node: https://ambcrypto.com/these-factors-were-key-to-taking-the-steam-out-of-bitcoins-frenzied-crypto-rally/
Time Stamp: September 11, 2021 5:30 AM - Modified On: September 11, 2021 - Published By:
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Volatility in the cryptocurrency world is real, there’s no doubting that. While some expected it to be a relic of the past, it came to the fore a few days ago after Bitcoin dropped below $45,000, taking the rest of the market with it. Now, different people have attributed different reasons to the aforementioned drop. A recent Twitter thread from a Singapore-based crypto-fund firm is a case in point. According to the same, the United States played a major role in driving or rather, aggravating this volatility. QCP Capital argued

Why XRP’s recovery and rally would depend on bridging the fair value gap

Source Node: https://ambcrypto.com/why-xrps-recovery-and-rally-would-depend-on-bridging-the-fair-value-gap/
Time Stamp: August 27, 2021 6:30 PM - Modified On: August 27, 2021 - Published By:
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XRP’s price action has kept investors and traders on the edge of their seats over the last month. The altcoin’s move from $1.9 to under $0.5 and then up to $1.35 has been a remarkable journey, to say the least. However, at the time of writing, XRP was down by 2.5% in 24 hours and 13% in one week. Is the time to shine over for XRP after more than 100% gains over the last month? Or will the altcoin reclaim its ATH levels?  High social anticipation  The social anticipation

Tai Hing Announces 2021 Interim Results

Source Node: https://www.acnnewswire.com/press-release/english/69066/
Time Stamp: August 27, 2021 7:50 AM - Modified On: August 27, 2021 - Published By:
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HONG KONG, Aug 27, 2021 - (ACN Newswire) - Tai Hing Group Holdings Limited ("Tai Hing Group" or the "Group"; stock code: 6811), a multi-brand casual dining restaurant group with roots in Hong Kong and a network of more than 220 restaurants in Hong Kong, Mainland China, Macau, and Taiwan, has just announced its interim results for the six months ended 30 June 2021 ("1H2021" or the "Review Period").RESULTS HIGHLIGHTS-- Revenue increased by 16.4% to HK$1,532.7 million in 1H2021 (1H2020: HK$1,316.9 million) though both markets in Hong Kong and Mainland China still saw challenges

Bitcoin (BTC) Rebounds, Aims to Reclaim $51,000

Source Node: https://beincrypto.com/bitcoin-btc-rebounds-aims-to-reclaim-51000/
Time Stamp: August 20, 2021 7:56 AM - Modified On: August 20, 2021 - Published By:
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Bitcoin (BTC) continues its uptrend and reclaimed its 200-day moving average (MA) yesterday. If the trend continues, it could lead to the long-term resistance area at $51,000.Sponsored Sponsored Looking further out, a Wyckoff distribution pattern is possible, which would take BTC to the support area at $37,300. Bitcoin rebounds After printing a gravestone doji candlestick on Aug 18, BTC rose almost 5% to close at $46,765. On Aug 20, BTC continued on its upward trajectory and is attempting to break through the previous peak at $48,150 from Aug 14. Yesterday’s

Bitcoin Technicals: Why BTC price breaking $48K resistance is the key to new all-time highs

Source Node: https://cointelegraph.com/news/bitcoin-technicals-why-btc-price-breaking-48k-resistance-is-the-key-to-new-all-time-highs
Time Stamp: August 11, 2021 10:36 AM - Modified On: August 11, 2021 - Published By:
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Bitcoin (BTC) and the crypto market have been accelerating heavily in recent weeks, as Bitcoin has surged by 60% from the July lows, while Ether (ETH) has been showing strength with a 90% rally as altcoins have been seeing massive gains across the board.The sentiment has flipped heavily as well. Three weeks ago, the majority of the people were discussing a potential breakdown to $20,000, including the effects of a death cross. But now, a golden cross could happen on Bitcoin with a potential breakout above $48K certainly on the

Ethereum: Here’s the one thing that could be said with certainty at this point

Source Node: https://ambcrypto.com/ethereum-heres-the-one-thing-that-could-be-said-with-certainty-at-this-point/
Time Stamp: August 8, 2021 10:00 AM - Modified On: August 8, 2021 - Published By:
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The buzz of the London hardfork stood true to the rumors as was reflected in Ethereum’s price. Ethereum smashed through the $3k level highlighting a hike of 13% in less than 24 hours trading at $3.1K at press time.  Bearish metrics turning bullish, finally While Ethereum’s futures market looked pretty good in terms of market expectations the spot market seemed to be doing ‘more talking, less doing’ as highlighted in a previous article. However, with ETH’s price aiming for the $3540 resistance, metrics that earlier gave off a bearish look