Alex Benfield
| Crypto Analyst
Alex Benfield graduated with a degree in industrial and operating engineering from the University of Michigan at Ann Arbor, and has been actively researching and investing in cryptocurrencies since 2017.
Alex Benfield's Articles
By Alex Benfield On July 19, 202104:05 PM Eastern
Since the end of last week, Bitcoin (BTC, Tech/Adoption Grade “A-”) has been slipping lower, approaching the $30,000 support level in today’s trading.
Here’s BTC in U.S. dollar terms via...
By Alex Benfield On July 14, 202103:00 PM Eastern
• Bitcoin (BTC, Tech/Adoption Grade “A-”) holds support once again, perhaps suggesting that holders no longer have an appetite for selling.
• Ethereum (ETH, Tech/Adoption Grade “A”) attempted...
By Alex Benfield On July 12, 202105:10 PM Eastern
You know all about the sideways trading range in Bitcoin (BTC, Tech/Adoption Grade “A-”).
It’s been in these summer doldrums since late May.
But now there’s a new, not-so-trivial wrinkle to...
By Alex Benfield On July 7, 202103:00 PM Eastern
• Bitcoin (BTC, Tech/Adoption Grade “A-”) has set up a good base of support and is eyeing up $36,000.
• Ethereum (ETH, Tech/Adoption Grade “A”) has recorded some good momentum over the past...
By Alex Benfield On July 6, 202103:35 PM Eastern
Bitcoin (BTC, Tech/Adoption Grade “A-”) has been range-bound trading between $30,000 support level and the $42,000 resistance level since mid-May.
In a volatile market like crypto, sideways...
By Alex Benfield On June 30, 202103:00 PM Eastern
• Bitcoin (BTC, Tech/Adoption Grade “A-”) struggles to break above the 21-day moving average.
• Ethereum (ETH, Tech/Adoption Grade “A”) is channel trading and has struggled to regain the...
By Alex Benfield On June 28, 202103:15 PM Eastern
Some investors get nervous when a market makes repeated attempts to break support.
Not me. And certainly not with Bitcoin (BTC, Tech/Adoption Grade “A-”) in this phase of its big bull market.
...
By Alex Benfield On June 22, 202103:00 PM Eastern
I’m sure you’ve already seen the action in the market today. Bitcoin (BTC, Tech/Adoption Grade “A-”) has fallen six out of the last seven days. This morning, it looked poised to add to that...
By Alex Benfield On June 21, 202101:50 PM Eastern
The crypto market has slipped since last week.
No worries! It’s still well within the trading range we’ve been stressing, and it confirms the “summer doldrums” we warned you about this past...
There has been a plethora of good news surrounding Bitcoin (BTC, Tech/Adoption Grade “A-”) lately, starting with the adoption of Bitcoin as legal tender by El Salvador. Now, its price is climbing...