Bitcoin (BTC) price has recently made powerful bullish momentum. This has left many individual investors scrambling to figure out whether it’s going to shoot up to $90,000 in the near future. This article unpacks the technical analysis behind TCX’s potential rally. That includes an overview of major support and resistance...
Bitcoin (BTC) continues to display a robust bullish sentiment. As long as it stays above the 30-day EMA of price highs, around $60,500, it could be the start of a rally toward the $90,000-$92,000 zone. This scores positive movement overall in what can be seen as a major momentum change...
The crypto market is as active and exciting as ever! Bitcoin is dancing around the $88,000 level, fueled by political uncertainty and a wave of rekindled investor excitement. BlockchainShock.com, our new home for more substantive, jargon-free, commonsensical analysis, aims to be your guide through this turbulent sea. This piece will...
Bitcoin is in the news again, breaking new ground and climbing back over $92,000. This impressive rally has investors and analysts alike asking: Is Bitcoin truly becoming the inflation escape route many have hoped for? BlockchainShock.com dives deep into the factors driving this price surge, examining Bitcoin's potential as an...
XRP is at a very interesting juncture at the moment, right now trading at $2.09. It is running into stiff resistance right under the 50-day simple moving average (SMA). The moving average was previous support during the 2024 price action. Now, it acts as an obstacle, keeping XRP from breaking...
Bitcoin hitting $87,000 – forget about it going to $92,000 – seems like fantasy land. It’s the closest thing I can imagine to seeing a phoenix rise from the ashes. Those ashes were in turn stoked by the protectionist policies of the Trump administration. Are we seeing a genuine bull...
Bitcoin has just recently flashed a death cross, a bearish technical pattern that usually sends shivers down the spines of investors. Whenever the 50-day simple moving average (SMA) crosses below the 200-day SMA, it establishes a powerful bearish market signal. Traders fervently view this crossover as a bearish signal. If...
Here we go again. The bitcoin death cross that everyone feared would send BTC reeling has reared its ugly head on Bitcoin’s daily chart. Smartly, Ali Martinez originally called it out, and suddenly the entire internet caught fire with discussions of bear markets and doom and gloom. Bitcoin below $80,000?...
Bitcoin is now at a very important demand zone. It recently surpassed the $80,000 milestone for the first time in months and is now trading near $76,100. The cryptocurrency had a dramatic selloff, even dropping to triple bottom support around $74,400 for a brief moment. This decline marks a 31%...
Bitcoin, in particular, has had a rocky road lately, recently shooting over the $93,000 level. Whether you’re a crypto novice or a veteran investor, knowing what’s driving this wave is an important foundation to have. BlockchainShock does an amazing job of unpacking the major forces at play in a straightforward,...
Since then, Paul Atkins has taken the reins at the SEC, which represents a dramatically different leadership as well. If successful, this change would be a tectonic shift for Bitcoin’s future. Forget the typical bureaucratic relabeling – this is an actual paradigm shift in thinking. He is a pro-crypto advocate....
Bitcoin has vaulted to an all-time high – peaking at an intraday high of $88,821.47. This breakout comes after weeks of tight, sideways price action – a period that has had investors excited and anticipating this move. The surge coincided with pro-cryptocurrency Paul Atkins being sworn in as the new...
Bitcoin’s blasting off like a SpaceX rocket, Ethereum sputtering on the launchpad. And when we look out, we see the headlines, the charts, the breathless pronouncements of a new bull run. But wait before you envision Lambos lining the streets in front of mud huts, let’s discuss what all this...
Western analysts are salivating over Bitcoin possibly reaching $92,000. Okay, fine. Let’s be honest, that’s a whole lot of yesterday’s news in Southeast Asia. We understand that Wall Street is attuned to charting lines and price targets, and the like. In contrast, Gen Z in Indonesia, the Philippines and Vietnam...
$90,000 Bitcoin? So what? That’s probably your first thought. Another number, another headline. Allow me to say, this is not another price point. For Africa, a jump to $90K-$92K would be a tectonic shift kind of deal. Perhaps this new record will ignite the new financial revolution that has been...
The hype was real. When Trump first indicated a pro-crypto position (most notably with the Strategic Bitcoin Reserve plan that sent Bitcoin’s value skyrocketing). The reality? That’s a huge disappointment, particularly to Africa’s rapidly growing fintech market. In the process, the often-forgotten continent is again, er, forgotten. We were sold...
Southeast Asia was buzzing. You could feel it. The busy streets of Jakarta are clamorous with activity. In stark contrast, Singapore’s tech scene is abuzz with the latest wave of hopeful optimism. Bitcoin. This initiative is not only about profit. We seek financial inclusion to unshackle from the longstanding gatekeepers...
The crypto space, as we all know, is a highly speculative environment driven by sentiment. Recent events involving Donald Trump’s plan to adopt a Bitcoin reserve give us a vivid example of this phenomenon. That first announcement sent a shockwave of excitement and speculation across the country. The grizzly details...