bitcoin

3 Reasons Why Bitcoin's Grip Could Crush Your Altcoin Dreams

3 Reasons Why Bitcoin's Grip Could Crush Your Altcoin Dreams

Now picture Léa, a one-eyed student in Paris, working hard and saving up all of her Euros from her full-time job. Her dream? Financial freedom. Her vehicle? Altcoins. She’s taken her hard-earned savings and bet on a basket of risky but promising projects, inspired by the success stories and front...

Bitcoin's May Dilemma: Sell Now or Ride the Trump Wave?

Bitcoin's May Dilemma: Sell Now or Ride the Trump Wave?

The crypto market is a beast. One minute you’re toasting those hard-won gains, the next you’re falling down the dark hole of doom red candles. Right now, we're seeing a recovery, a bounce, and everyone's asking the same question: is this the real deal, or a bull trap? The answer,...

Sell Crypto in May? Decoding Bitcoin's Seasonal Trends

Sell Crypto in May? Decoding Bitcoin's Seasonal Trends

We all know the world of crypto is pretty volatile and dramatic. As a blogger covering various topics, it’s crucial to address common investment strategies and analyze their relevance in the current market. One of the best counter-strategies is the classic old rule of thumb, “Sell in May and go...

Bitcoin Price Soars, Eyes Best Weekly Close Since January

Bitcoin Price Soars, Eyes Best Weekly Close Since January

Bitcoin is back! It has now extended its gains for three consecutive weeks and is currently trading 28% above its low this month. So far, the cryptocurrency has been able to maintain its position above the critical support level of $68,845. This red line marks the top of an old...

Beyond the Hype: How Bitcoin's Rise Impacts Real People in May

Beyond the Hype: How Bitcoin's Rise Impacts Real People in May

Here's the thing about Bitcoin. We worry so much about the data, the models, and the TA. Don’t listen to the Wall Street hype around ETFs and institutional investment. What about the real people? For those who reside outside the Bloomberg terminals, there are additional challenges. In these communities, a...

Bitcoin's $100K Surge Could Change Lives in South Africa. Here's How

Bitcoin's $100K Surge Could Change Lives in South Africa. Here's How

Envision a South Africa where financial independence is easily attainable. It is no longer an elusive mirage reserved for the elite. It is an everyday reality for several million. A Bitcoin moonshot to $100,000 releases amazing possibilities. This opportunity is uniquely important for countries facing high levels of inequality and...

Bitcoin to $100K? Key Levels to Watch Now!

Bitcoin to $100K? Key Levels to Watch Now!

Bitcoin has surged back into the headlines, and BlockOpulent is your resource to help make sense of the signals. The cryptocurrency is on the offensive again, now well above the $90,000 mark with the same cosmic gale forces of global tensions and macroeconomic chaos swirling around it. For those navigating...

Bitcoin Eyes $100,000 as Bullish Momentum Builds

Bitcoin Eyes $100,000 as Bullish Momentum Builds

Indeed, as Bitcoin’s price has skyrocketed the $100,000 mark seems closer than ever before. According to one recently bullish crypto analyst, the cryptocurrency recently broke out of a four-month falling wedge pattern earlier this month, signaling renewed bullish sentiment. Recent gains are due to wider positive sentiment in risk-on assets,...

Bitcoin to $100K? 3 Hidden Factors Wall Street Isn't Telling You

Bitcoin to $100K? 3 Hidden Factors Wall Street Isn't Telling You

Bitcoin's been on a tear. We’re hearing $93,500 type numbers again, and the $100,000 figure has returned to the table. Wall Street's talking about it, sure. But are they really telling you everything? I don't think so. From my admittedly Tokyo-centric perspective, I see several vital aspects that are being...

Ethereum vs Bitcoin: Data Reveals the Truth Behind the Bullish Divergence

Ethereum vs Bitcoin: Data Reveals the Truth Behind the Bullish Divergence

Don’t the Bitcoin maximalists just make you sick? The crypto space is not a zero-sum environment. The allure of cryptocurrency Bitcoin is king – there’s no denying it. To write off what Ethereum can do is like writing off the internet’s boom as soon as the personal computer was created....