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Category Archives: Cryptocurrencies

Technical Analysis: Is a Crypto Winter About to Start?

After an epic rise from $162 up to $19,886 in just over two years, the price of Bitcoin fell by nearly 70 % between December 17, 2017 and February 6, 2018, to under $6,000. Alternative cryptocurrencies (altcoins) came under tremendous pressure too and some of them lost 80–90 % of their recently achieved all-time highs. Meanwhile,…   READ MORE

Bubble or Hyperdeflation?

Since December, Bitcoin’s price dropped 69 % from a high of $19,224 to a low of $5,920 in early February.[1] The last time Bitcoin’s price plummeted this much was after the 2013 rally when it reached $1,000 per coin for the first time. During a 411-day correction, Bitcoin’s price dropped 87% from $1,163 on November 30,…   READ MORE

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