Bitcoin Shows Relative Strength Amid Uncertainty – Can BTC Outperform Equities?
Bitcoin is on track to close another week below the $90,000 mark, reinforcing the bearish sentiment that has hovered over the market in recent weeks. After facing a prolonged period of volatility and macro-driven uncertainty, Bitcoin continues to trade in a tight range, struggling to reclaim higher ground. The broader market remains cautious as global […]
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Many investors flipped bullish on Bitcoin relative to altcoins over the past few days. This culminated on Monday when BTC gained 3% while the price of top altcoins dropped by 1-10%. Analysts think this trend may continue for the forseeable future. Bitcoin Could Outperform Altcoins in the Months Ahead Many investors flipped bullish on Bitcoin relative to altcoins over the past few days as the leading cryptocurrency has begun to outpace its offspring. This culminated […]
Blueprint Capital Advisors CEO Jacob Walthour says it’s a mistake to ignore crypto as an asset class. He also predicts that crypto will outperform equities in the foreseeable future. Investment Adviser Expects Crypto to Outperform Equities Jacob Walthour, CEO and co-founder of Blueprint Capital Advisors, discussed his outlook for the crypto and equity markets in an interview with CNBC Wednesday. Walthour has over 25 years of experience in capital markets, traditional, and alternative asset management. “At this stage, we have to think back to how it all started,” he....
Europe is the place to be – not because of picturesque Amalfi coast or the Alps but because European stocks outperform their US counterparts. STOXX Europe 600, an index measuring the performance of 600 equities across 17 European countries, grew 3.3% in February, while the US S&P 500 dipped 1.4%. The largest tech index Nasdaq […]
Bitcoin price continues to consolidate near $280 in the absence of any positive trigger. Even though the price structure for the past week has been that of higher-top, higher-bottom, there are several parameters pointing towards a correction. A thorough technical analysis on the 4-hour price chart of BTC/USD reveals some very important trading considerations: Bitcoin value has shot up from $236 to $292 since 27th February, following a textbook bullish price structure, but the Relative Strength Index (RSI) readings have failed to complement the exuberant mood. A clear case for this can be....
Litecoin (LTC) has shown resilience amid market uncertainty and selling pressure, holding its ground despite the broader downtrend in cryptocurrencies. After retracing from $130 to the $100 mark, LTC has successfully held this crucial support, signaling that bulls are still active in defending key levels. Related Reading: BTC Could Gain Momentum For A Move To $150,000 If Bulls Reclaim This Level – Details While most altcoins have struggled, Litecoin appears to maintain a slight bullish edge. According to Santiment data, LTC continues to show strength in its on-chain metrics, with the....