October 2021 - CryptoCaptain

Following A Flash Price Crash, Bitcoin Reclaims The $60k Levels As Trend Remains Bullish

2021-10-31 by T. Okonkwo

Following a sudden crash to the $56k region this week, Bitcoin has regained over $4k in the last 24 hours with ETH also painting a new ATH at $4,400. BTC is still in the corrective phase while ETH seems to garner all the attention and out-performing BTC in the short term. Despite the short-term weakness, …

How Investing in Cryptocurrencies Holds Up Against Traditional Investments

2021-10-27 by T. Okonkwo

How does investing in crypto actually compare with traditional assets? We compare investing in crypto to traditional asset classes like stocks, bonds, forex, and gold. Key differentiators are given by the inherent volatility, regulation, but also opportunities.

$64k ATH Shattered; Early Bullish Signals But Bitcoin Price Breakout Not Yet Confirmed

2021-10-23 by T. Okonkwo

$64k ATH Shattered; Early Bullish Signals But Bitcoin Price Breakout Not Confirmed Yet

The third week of Q4 sees Bitcoin finally breaking ATH and now officially going for fresh price discovery. This is a result of positive developments from the first-ever SEC-approved futures-backed Bitcoin ETF. Even though Bitcoin has charted a new ATH, It is still an early bullish signal, and not enough to fully confirm the breakout. As …

Inches Towards A New ATH: Reports Of Bitcoin Futures ETF Approval Helps Price Surge

2021-10-16 by T. Okonkwo

Bitcoin has maintained an impressive price rally over the past couple of days, currently aims at a potential new ATH in the coming days. With near-term technicals being slightly cautious, Bitcoin maintains a bullish trend. After 6 months of hiatus, Bitcoin is on the verge of hitting $60k levels. Hours after good reports of the …

Bitcoin Bulls Finally Zero-Out The Bears, Aims For New ATH

2021-10-152021-10-09 by T. Okonkwo

Bitcoin marked its highest price climb since mid-May this week with a number of altcoins following suit. Approximately a week ago, Bitcoin struggled below $45k price but impressive gains adding up to 35% in value, this week sees Bitcoin reaching for new ATH. Q4 started on a good note when Bitcoin broke above a descending …

Final Quarter of 2021 Looking Promising As Bitcoin Pokes $48k

2021-10-02 by T. Okonkwo

‘Uptober’ Bitcoin shoots despite being in the $41k-$43k region the entire trading week. An abrupt upside sees a fall of the resistance level and price explode to $47k for the first time since mid-September. Fed Chair Jerome Powell reassuring that the US has no plan to ban cryptocurrencies has help the entire crypto market to …