BITCOIN jumps above $26,000! altFINS automated chart patterns recognition identified the Rising Wedge pattern for BTC (Bitcoin). Profit potential ( Buy ) +9.32%! Possible bullish price movement towards the resistance level of 28,524.2029 within the next 4 days. Go to chart patterns Bitcoin price of $26,052.48 is up 5.80% in…

Selling a cryptocurrency to lock in profits after it has increased significantly is known as crypto profit-taking. Crypto profit-taking may have an impact on a single cryptocurrency, or even the entire crypto market. …

Watch video of altFINS CEO explain reasons for last week’s pullback, his outlook for 2023 and how to trade it. Both US Equities and major Cryptocurrencies closed last week lower because of higher-than-expected US PCE inflation data, published on Friday 24th February 2023. The NASDAQ index closed lower…

The Digital Asset market outperformed US Equities last week. The NASDAQ index closed little higher by (NASDAQ⬆️0.6%) at $11.787 while the S&P 500 remained almost flat, only slightly lower by (S&P500⬇️0.3%), at $4.079 compared to a week ago. The Ethereum cryptocurrency, on the other hand, rallied by (ETH⬆️12%), closing at…

There is no single “best” trading strategy that works in all market conditions and for all traders. Successful crypto trading requires a combination of knowledge, experience, and a sound approach that suits your individual preferences and needs. Here are a few widely used and time-tested crypto trading strategies: Value investing…

Artificial Intelligence and blockchain have the potential to revolutionize virtually every sector, from financial services to healthcare. Combining these two cutting-edge technologies can open up unprecedented opportunities for innovation across industries worldwide. The Performance of AI & Big data category

An eventful week behind us. The Digital Asset market corrected lower after four consecutive weeks of gains while the US Equity markets ended the week little bit higher. The NASDAQ index closed higher by (NASDAQ⬆️3.3%) at $12.007 while the S&P 500 went up by (S&P500⬆️1.6%) to $4.136. Ethereum closed lower…

As expected, the Fed increased its benchmark interest rate only by 0.25% on Wednesday with a hawkish tone warning that more increases would be needed to bring inflation under control. Even though the inflation eased over the last several months, it still remains elevated and far away from the bank’s…

Summary: Taking profits in cryptocurrency involves selling a crypto asset when it has increased significantly to lock in gains. Profit-taking may be triggered by the price of a coin reaching predetermined goals or major events, and can have an impact on individual coins as well as the entire market. When taking…