Ether Price Analysis Bears Chasing Back a Bullish Price Rally

Following a devastating bear market last week, several major market players saw a reversal pattern called a Double Bottom Reversal. For reference, please check out the previous BTC-USD market analysis where an in-depth description of Double Bottom Reversals is outlined.Figure 1 ETH-USD, 4HR Candles, Gemini, Double Bottom ReversalThe buy-back volume seemed very promising on the reversal pattern and it even saw textbook characteristics of a healthy bull rally. However, if we take a closer look

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World Economic Forum Bitcoin Discussions Validate the Movement

The World Economic Forum WEF has long been a lightning rod of global discussion on economic, social and political trends. This years gathering in Davos, Switzerland, was no exception.Blockchain technology emerged center stage last week as a key discussion theme, receiving praise from attendees for its cutting-edge potential. Bitcoin and the future of cryptocurrencies, too, were highly discussed topics at the forum, not just casually but also in an official session and a few panel discussions.
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