31 May, 2021

Bitcoin fell below $35K on the weekend; however, the sell-off pressure started to fade as the RSI indicator shows divergence. Another fact is Tether issued $2billion USDT last week shows increased demand in crypto assets. Therefore, Bitcoin price could move sideways for a bit, yet the bull run is coming. 

28 May, 2021

Although Bitcoin’s price consecutively failed to break $40K for two days, the bullish sentiment remains strong as the positive economic data released from the US. A rapid rally expectation in Bitcoin’s price seems to turn into a consolidation mode. However, continuous rising in the stock indices shows that the market remains bullish, and it will have a positive impact on the crypto market. Therefore, risk seeker is likely to accumulate Bitcoin while swinging below $40K.

27 May, 2021

Although Bitcoin failed to stand above $40K, it didn’t harm the uptrend pattern. The crypto activity is still up, according to Coinbase’s data, one of the leading crypto exchanges. Additionally, they expect that the Q2 turnover is likely to surpass Q1. Therefore, Bitcoin’s bull run could last as the crypto market attracts more participants.

26 May, 2021

Bitcoin gets back above $40K, and Ether(ETH) approaches $3K to bring the bullish momentum back to the crypto market. These two leading crypto-assets continue to soar is likely to attract the previous outflowed fund back and brings new fund at the same time. Therefore, we believe that a more excellent crypto rally is coming shortly.

25 May, 2021

Bitcoin bounce along with the altcoins after the last week’s historical deleveraging event. There was a $14.2B in losses during the most significant monthly price drop in Bitcoin, according to an on-chain report from Glassnode. It was a piece of most fantastic news for the bulls, as the sell-off pressure and short-term investors have been wiped out. The bounce of Bitcoin could get more robust and easier.  

24 May, 2021

A second intensified drop in Bitcoin’s price to $31K on the weekend has again led the crypto market to crumble. However, the price had soon rallied back to $37K after retesting the bearish range at $31K. Notably, this bearish pullback didn’t break the former low at $30K. Although the market crumbled due to the second retreatment in Bitcoin’ price, the bull run remains as Bitcoin’s price started to bottom-up above $30K.

21 May, 2021

Bitcoin’s price rallied more than 30% after the great flush two days ago. It seems the sell-off pressure has exhausted since on further crackdown occurs. Additionally, Cathie Wood, the CEO of ARK investment, says that Elon Musk will return to “green Bitcoin”. Elon Musk also claimed that he is not dumping dogecoin. These two “big KOL” of the crypto market helped stabilized the fear emotion among the investors. Therefore, as the dip was great, buying the dip strategy seems very convincing.

20 May, 2021

Bitcoin’s price dropped nearly 30%, and down to $30K for the first time since February yesterday. A record 10,525 BTC being liquidated in one hour at the peak of the market squeeze, according to CryptoQuant. As the sell-off flushed out those traders using excessive leverage, the next bull run is on the way shortly. Therefore, we believe it’s time for buying the dip.

19 May, 2021 – Bitcoin Views

Bitcoin’s price slumped below $40K after the Chinese government announced to ban cryptocurrency business among financial institutions. There are changeable events that consecutively impact the top cryptocurrency and the whole market. However, a bullish perspective remains with Bitcoin as the sell-off pressure could be exhausted when the price close to $30K. Therefore, a bull run comes after a consolidation of around $30K. 

17 May, 2021 – Bitcoin Views

Bitcoin continues to slide in price after Elon Musk hints that Tesla’s plan to dump BTC from its balance sheet this quarter. Furthermore, the price of Bitcoin faces further sell-off pressure as it’s traded below the $50K  level more than three days since last weekend. Therefore, Bitcoin sees a consolidation of around $38K level shortly, then prepare for the next bull run.    

14 May, 2021 – Bitcoin Views

Bitcoin rallied to the price above $50K after reached around $46,000 yesterday. A nearly 30% correction has been completed for Bitcoin since hit the all-time high at almost $65,000. Along with the US dollar depreciation, Bitcoin sees the next target at $65K.      

13 May, 2021 – Bitcoin Views

Bitcoin dropped below $50K the first time since the rally on the 26th of April yesterday. A nearly 12.5% pullback in Bitcoin’s price before trying to outbreak the  $60K level has greatly defeated the bullish sentiment. Fear of rising interest rate from the FED caused by inflation worsen keeps impacting the market. Therefore, Bitcoin could further correct to $42K.   

12 May, 2021 Ether views

Ether hit $4,371 as the all-time high this morning. Furthermore, Ether’s market capitalization now stands at roughly $497 billion as the 13th size asset of the world, surpassing the $496 billion stock-market valuations for VISA.

The Ethereum blockchain serves as the foundation for much of DeFi and the NFT, both hot trends in cryptocurrency markets. The investors are betting on those new financial fields by purchasing Ether. Therefore, the bullish trend seems unstoppable when these demands are still expanding.

11 May, 2021 Bitcoin views

Although the altcoins keep outperforming Bitcoin since the dip from its all-time high at nearly $65,000 on the 14th of April, Bitcoin’s price keeps finding a higher lows pattern. An inflation data from the US could lead the Bitcoin bull run to continue due to the US dollar depreciation. Furthermore, a new support level has found at $52,000 level during the consolidation. Therefore, Bitcoin is still on the bullish track.            

10 May, 2021 ETH views

Ether keeps outperforming Bitcoin lately. Ether, the second-largest crypto assets, hit $4,145, the all-time high seven days after breaking the $3,000 level. Furthermore, the market cap has reached 18% of the total cryptocurrency market for Ether. Yet, Bitcoin dropped to 44%. A strong bullish sentiment still favours Ether as taking over Bitcoin in terms of market cap has thrilled been discussed among the investors. Therefore, it could trigger FOMO trading for Ether.       

7 May, 2021 EOS views

EOS soars more than 100% in price, hitting $12 during the past week. A recent protocol upgrade that increases the project’s inflation rate is the reason for this rally. Along with other 2016-era projects like Litecoin and Ethereum Classic reaching new highs, EOS sees the target price at $23, the historical high.    

6 May, 2021 Bitcoin views

The price of Bitcoin keeps hiking towards its all-time high at nearly $65,000 level. Notably, the largest Latin American eCommerce platform recently adds $7.8M Bitcoin to its treasury. However, it does not explain the recent rally directly. Nevertheless, it tells that the demand of the large firms continues.      

5 May, 2021 Bitcoin views

Despite Bitcoin’s recent underperformance compared to ETH, Bitcoin continues to find a consistent higher lows pattern during the past few days. In the 4H chart, there is a strong support level above $52K. It seems that the buying the dip strategy has been applied to Bitcoin during the altcoins rally period. Therefore, Bitcoin sees a rally to its new-time high shortly.      

4 May, 2021

The price of Bitcoin had been rejected at $59,000 yesterday. Unlike ETH keeps hit all-time highs, Bitcoin seems to struggle to break its historical high at $64,864. However, the bullish momentum remains strong as the rally still on the uptrend track. As long as the price of Bitcoin holds still above the $52,000 level, the bull run remains changed for the short term.      

3 May, 2021

ETH continues to hit all-time highs during the past few days and hit the historical high at $3,200 at writing. ETH has recently become the star in the cryptocurrency field. It seems that ETH will keep leading the bull run of the market, and the bullish sentiment can last for a while.             

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