Omkar Godbole

Omkar Godbole is the market reporter for CoinDesk, the global leader in blockchain news, where he produces technical chart-based price updates on Bitcoin and other alternative currencies.

Bitcoin Price Indicator Shows Bearish Mood Strongest Since February

| Omkar Godbole

Bitcoin is facing strongest selling pressure since February and has potential to drop below recent lows near $7,750.

xrp, crypto

XRP Price Exits Downtrend to Hit Three-Week High

| Omkar Godbole

XRP has been on the offensive, having ended a 3.5-month-long downtrend with a move to three-week highs.

Bitcoin Sees Little Price Boost From Long-Term Bull Cross

| Omkar Godbole

A long-term bitcoin chart indicator has turned bullish for the first time in three years, though it's had little impact on prices.

Thrill-Seeking Drives Investors to Trade Crypto, Study Finds

| Omkar Godbole

Investors who trade crypto tend to take bigger risks in the stock market, suggesting they seek dopamine more than diversification, a study found.

Bitcoin Faces Drop Below $8,000 Despite Beating Price Resistance

| Omkar Godbole

Bitcoin has crossed the 20-day moving average hurdle, but remains in bearish territory on the daily and weekly charts.

Bitcoin Fails at Key Price Hurdle, Risks Return to $8,000

| Omkar Godbole

Bitcoin's quick pullback from a 2.5-week high of $8,830 this morning has invalidated a bullish breakout on the 4-hour chart.

Bitcoin Price Looks North Despite SEC’s Latest ETF Rejection

| Omkar Godbole

Bitcoin may rise to $9,000 in the short-term, with traders seemingly unfazed by the rejection of Bitwise's bitcoin ETF proposal.

Bitcoin Trades Flat Even as Fed Signals Inflation-Boosting Balance Increase

| Omkar Godbole

The Fed Reserve's decision to expand its balance sheet is seen as a long-term positive for bitcoin, but prices are yet to feel any effect.

Bitcoin Eyes $8.5K Hurdle After Biggest Single-Day Price Gain in Five Weeks

| Omkar Godbole

Bitcoin logged the biggest single-day price gain in five weeks on Monday, opening doors for a stronger recovery rally to key resistance above $8,500.

Bitcoin Bounces Back to $8K From Historically Strong Price Support

| Omkar Godbole

Bitcoin has again defended historically strong price support near $7,700, keeping the hopes of a corrective rally alive.