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...
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'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...
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....
Ethereum (ETH) has been indicating that it’s on the cusp of a BTC recovery for the last several days. Technical indicators suggest a change in momentum. The ETH/BTC pair has shown some strength, picking up a strong 10.42% from recent all-time lows. The duo reached a high of 0.019 BTC...
Crypto pals, crypto comrades, have you sensed it. That hopeful thrum in your heart, that possibility, oh please god, just maybe… things are finally going to be different? It’s the story of Ethereum’s frustrating subordination to Bitcoin, a requiem for what-could-have-been that’s played for too long. It’s like letting a...
Bitcoin Dominance (BTC.D) is once again flashing a major shift in sentiment within the cryptocurrency space. Perhaps the most exciting implication of Bitcoin’s dominance decline is that the market could be bracing for a big altcoin rotation. This comes after Bitcoin Dominance faced resistance.Bitcoin Dominance, an indicator reflecting Bitcoin’s percentage...
Bitcoin dominance: it's everything in crypto. It’s a powerful thing, because it tells you exactly who’s king of the hill, who’s calling the shots. What if the king is already ready to abdicate? What if the charts are telling you in ALL CAPS that the altcoins are about to moonsock?And...
Bitcoin has surged to its highest level in two months, fueled by significant short liquidations, substantial ETF inflows, and renewed institutional interest. The cryptocurrency surged above the $93,000 mark, pointing to further possible bullish continuation of its rally. Market analysts and enthusiasts alike are closely tracking Bitcoin’s move above $30,000....
In the real world, crypto is having its own party as Bitcoin pushes toward $94,500 and $100K predictions become bolder and louder. Well, that’s exactly what I’m here to tell you—not so fast. Hard. This isn't a coronation. It's a mirage shimmering in the desert heat, fueled by unsustainable forces...