Technical Analysis

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Technical analysis is a widely used methodology in the world of cryptocurrencies, encompassing the evaluation of various factors to predict price movements and make informed investment decisions. It involves analyzing historical price data, trading volume, and market trends to identify patterns and trends that may repeat in the future. By utilizing statistical tools and chart patterns, technical analysis aims to provide insights into potential price direction and timing. For individuals involved in the crypto space, technical analysis serves as a valuable tool to understand market sentiment and make informed trading decisions. Companies and protocols within the blockchain networks also employ technical analysis to assess market conditions and optimize their strategies. Moreover, crypto exchanges utilize technical analysis to provide users with comprehensive trading tools and indicators, enabling them to make data-driven decisions.

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food shopping in brown bags
Bitcoin and U.S. Real Yield Reach Strongest Inverse Correlation Since April
Bitcoin fell over 10% last week as the yield on the 10-year inflation-indexed security rose to the highest since 2009.
food shopping in brown bags

Didgeman/Pixabay
Bitcoin's 2023 Bullish Trendline in Focus as Traders Search for Directional Clues
A bullish trendline is a an upward-sloping diagonal line connecting two or more higher price lows.
Didgeman/Pixabay

Altcoins may be ready to outperform bitcoin and ether. (Getty Images)
'Altcoin Season' Is Coming, Technical Analysis Suggests
An inverse head-and-shoulders pattern, one of the most trusted bullish price setups, is building in the altcoin market.
Altcoins may be ready to outperform bitcoin and ether. (Getty Images)

bart simpson sculpture (mendhak/Wikimedia Commons, modified by CoinDesk)
What Is Bitcoin's 'Bart' Pattern and Does It Mean BTC Is Heading Towards a Rally?
Squint at the latest price charts and you can see a popular cartoon character from The Simpsons—and portents of a brighter future for crypto.
bart simpson sculpture (mendhak/Wikimedia Commons, modified by CoinDesk)

Technical analysis of stock market data (Getty Images)
Bitcoin Remains Unmoved by Rise in Jobless Claims, Treasury Rates
Treasury yields hit 10-year highs, sounding a note of potential caution for risk markets, cryptocurrencies, but bitcoin continued to be unstirred by macro events.
Technical analysis of stock market data (Getty Images)

(geralt/Pixabay)
Crypto Traders Might Want to Track Ether 'Slippage' Indicator. Here's Why
Hyblock's slippage indicator has consistently marked short-term trend changes in the second-largest cryptocurrency this year.
(geralt/Pixabay)

Binance worries snuff out bitcoin's rally attempt (Danny Nelson/CoinDesk)
Bitcoin Sees Little Boost From Fitch Downgrade, Slumps on Binance Contagion
Correlations between movements in the crypto and stocks have turned negative of late.
Binance worries snuff out bitcoin's rally attempt (Danny Nelson/CoinDesk)

Bitcoin may be oversold, but any bounce could be muted (Getty Images)
Bitcoin Looking Oversold, but Any Bounce Could Be Disappointing
Any macro catalysts for bitcoin may have to wait until after Labor Day.
Bitcoin may be oversold, but any bounce could be muted (Getty Images)

(Cedric Fox/Unsplash)
Bitcoin’s Shrugs Off Positive Economic Data as Slow-Moving July Continues
Further confirmation of a slowdown in inflation failed to push prices higher on Thursday.
(Cedric Fox/Unsplash)