Paul Chan Mo-po, Hong Kong’s financial secretary, reaffirmed the city’s commitment to being a stable, open, and dynamic hub for digital assets. Hong Kong has been making significant investments in Web3 innovation and blockchain infrastructure, signalling a strong push toward becoming a global leader in the sector. The state-backed Cyberport Web3 Hub now hosts over 270 blockchain firms, with an impressive 120 new additions in just the past 17 months, reflecting the region’s evolving stance on crypto adoption and development. Hong Kong Doesn’t Want to Miss the Crypto Train Hong....
As Crypto Advocate Howard Lutnik is Confirmed as US Commerce Secretary, here ...
Cantor Fitzgerald CEO and billionaire, Howard Lutnik, was named the head of the US Department of Commerce yesterday, with a split vote of 52-45. Following the news, Lutnik immediately resigned from his position as CEO. Let’s see what this appointment means for the crypto market as a whole and for some of the hottest crypto […]
Dogecoin Price Consolidates In Symmetrical Expanding Triangle, What’s Next Fo...
Dogecoin (DOGE) is once again making waves in the crypto market. This time, it’s due to a fascinating technical pattern forming on its price chart: a symmetrical expanding triangle. Known for signaling periods of heightened volatility and potential breakout opportunities, this pattern has traders and investors on the edge of their seats, wondering what’s next for DOGE. The symmetrical expanding triangle is a rare and dynamic formation, marked by its widening price range and converging trendlines. For Dogecoin, this pattern reflects a tug-of-war between bulls and bears, with neither side....
Musk’s DOGE Investigates SEC—Will It Impact The Ripple Lawsuit?
The Elon Musk-led US Department of Government Efficiency (DOGE) has set its eyes on conducting an in-depth investigation on the Securities and Exchange Commission (SEC) as part of the agency’s target to cut government wastage of funds. Some analysts speculated that the DOGE’s scrutiny of the regulatory body could impact the lawsuit faced by crypto […]
Best ERC-20 Altcoins to Buy as Ether Reserves Record Historical All-Time Lows
Ether supply on exchanges is now at a 9-year low: specifically 18.95 million ETH as of February 18, at the time of writing. This suggests investors are now moving $ETH into cold storage, presumably for long-term HODLing purposes. If the ecosystem is overall looking to hold, rather than trade Ether, the historic all-time lows supply significantly increases the odds of ‘supply shock’ occurring, which would inevitably power an $ETH bull run and skyrocket the price. Basic economics dictate that a supply shock happens when the demand of an asset exceeds the supply, creating a significant gap.....
Bitcoin ETFs Are Exploding—Here’s How to Ride the Wave with BTC Bull
Bitcoin ETFs are on fire! And no, not in the ‘crashing and burning’ way. Institutional investors have jumped on Bitcoin ETFs like it’s a Black Friday sale. In the last 11 months, the number of institutional holders of Bitcoin ETFs has surged a jaw-dropping 54.5x. That’s not even a full year, and the numbers are […]
Solana’s Market Woes Continue With A 32% Monthly Drop—Details
Solana’s recent price behavior has sparked anxiety in the the digital currency market. The once-soaring blockchain has fallen significantly as a result of a widespread slump. Solana native token (SOL) has been down 32% in the last four weeks, trailing Bitcoin’s 10% decline and Ethereum’s 15% dip. As the network suffers with the fallout from a meme currency frenzy that left investors reeling, a sudden sell-off occurs. Related Reading: Think XRP Is ‘Crashing’? Analyst Says You Deserve A Slap! Meme Coin Mania Turns Into Disaster Solana has been the epicenter of an explosive....
Ethereum Holds Multi-Year Bullish Structure – Time For A Comeback?
Ethereum has been closing between $2,650 and $2,750 for the past week, creating uncertainty in the short term. The price action remains indecisive as bulls struggle to reclaim the $2,800 level, a key supply zone that could determine Ethereum’s next move. While the long-term outlook remains uncertain, Ethereum is trading at crucial demand levels, facing continuous selling pressure that has kept price action muted. Related Reading: Bitcoin STH Realized Profit Reveals Strong Support Level – Time For A Breakout? Investors are trying to stay calm amid volatility, but fear is spreading as....
Cardano Ratifies Its Constitution—85% Vote Secures Historic Milestone
The Cardano blockchain has ratified its first official constitution, surpassing the set threshold with an overwhelming 85% approval rate. The decision replaces Cardano’s interim constitution and locks in a new governance framework that will guide the ecosystem’s evolution. Cardano Makes History The announcement came during a livestream on February 18 from Cardano founder Charles Hoskinson, […]
New Crypto to 10X as Saylor’s Strategy Plans to Add $42B to Its $BTC Stash
Michael Saylor’s Strategy (formerly MicroStrategy) is now one step closer to adding another $42B worth of Bitcoin ($BTC) to its balance sheet by 2027. Yesterday, Strategy announced a $2B private offering of 0% convertible senior notes, due 2030. Buyers will then be able to convert these notes into cash or MSTR stock. Most importantly, all […]
FTX’s $1.2B Repayments: Key to Crypto Industry Recovery and Presales like Bes...
The FTX saga has entered yet another chapter since the exchange collapsed nearly three years ago. The company has begun repaying an estimated $1.2B to its first wave of former FTX users. The news could have a significant impact not only on the users but on the entire crypto industry as well. Meme coins with utility such as Best Wallet Token are poised to become one of the biggest beneficiaries, as we’ll discuss further in this article. First, let’s talk about the FTX repayments. Repayments Begin, Possibly More on the Way Starting February 18 at 3:00 pm UTC, the exchange has repaid the....
Think XRP Is ‘Crashing’? Analyst Says You Deserve A Slap!
XRP has recently witnessed a notable decline, slipping by 5% over the past week. The altcoin dropped below key levels of $2.40 and $2.45, raising concerns among investors. However, a market analyst believes this price shift is not a sign of a crash but rather part of a bullish ascending triangle formation. Related Reading: Cardano Soars Nearly 130% To $30 Billion, Climbs To 9th In Market Cap Rankings Crypto analyst Egrag Crypto even stated that he will have to give “a slap” to anyone who mentions “crash” again. XRP Latest Price Movement XRP is presently trading at....
We Asked AI For The Best Crypto to Buy Now, and It Said Solaxy
AI has become integral to our lives, take it or leave it. Some use it to find new recipes for dinner, others–for relationship advice. We asked AI what the best crypto to buy now was, and it picked Solaxy ($SOLX). While ChatGPT’s reasoning is sometimes dubious, this time, the reply makes perfect sense. Solana is […]
Bitcoin Meets Fiscal Reality: Fidelity’s Timmer Predicts What’s Next
In a note published on Tuesday, Jurrien Timmer, Director of Global Macro at Fidelity Investments, discusses how a shifting economic landscape could influence markets, central bank policy, and the trajectory of both Bitcoin and gold. With the S&P 500 hitting new highs and the so-called “Trump Trade” reversing course, Timmer offers nuanced insights into fiscal policy, inflation, and the role of risk assets in a “limbo” market environment. The Trump Effect Timmer observes that the first six weeks of 2025 have brought unexpected market moves and an unusually high “noise-to-signal ratio.” The....
Pump.Fun’s Founder Sparks User Protection Debate, Urges Memecoin Launchpads T...
The ongoing LIBRA token scandal has taken the crypto industry by storm, sparking several debates regarding user protection, the market’s state, and bad actors taking advantage of the cycle’s memecoin frenzy. Pump.fun’s founder joined the discussion and urged token launchpads to work on practices to improve the space. Related Reading: Federal Reserve Chair Backs Bitcoin […]
Ethereum To Move Sideways For 2-3 Months? Analyst Says Longer ETH Consolidati...
Ethereum (ETH) has failed to break from a key level, retracing 4% as most of the market bleeds. Some analysts believe that ETH’s next leg up won’t come in a few months, as the second-largest cryptocurrency could move sideways until May. Related Reading: Bitcoin’s Final Dip Before $273,000? A Market Veteran Thinks So Ethereum To Continue Sideways Move? On Monday, Ethereum swan against the current and registered a 6.3% surge toward the $2,850 support zone, momentarily breaking out of a symmetrical triangle pattern where it has been consolidating for the past 15 days. The cryptocurrency....
Ethereum Grabs Social Media Attention: Is A Rebound Coming?
Data shows social media discussions related to Ethereum have spiked recently, something that may be positive for the struggling ETH price. Ethereum Social Dominance Has Shot Up Over The Past Day According to data from the analytics firm Santiment, the Ethereum Social Dominance has just seen a significant increase. The “Social Dominance” here refers to […]
Dogecoin (DOGE) Stuck In Limbo—What’s Holding Back The Recovery?
Dogecoin started a fresh decline below the $0.270 zone against the US Dollar. DOGE is now consolidating and might face hurdles near $0.2550. DOGE price started a fresh decline below the $0.270 and $0.260 levels. The price is trading below the $0.260 level and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $0.2560 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if it clears the $0.2560 and $0.2600 resistance levels. Dogecoin Price Faces Resistance Dogecoin price started a....
Polygon Q4 Digest: Agglayer Testnet Launch Drives 30% Spike In POL Market Cap
In the fourth quarter of 2024, Polygon (formerly MATIC) experienced a significant mixed performance in key metrics, primarily driven by the testnet launch of its interoperability protocol, Agglayer. This new initiative aims to facilitate cross-chain token transfers and message-passing, enhancing the functionality and integration of various blockchain networks. Polygon Market Cap Rebounds To $3.8 Billion According to market intelligence firm Messari, by leveraging zero-knowledge (ZK) proofs, Agglayer promises secure communication and asset transfers, positioning itself as an innovative....
Game Over For Dogecoin? Double Top Pattern Puts Price Below $0.2 This Quarter
Technical indicators are pointing to a major breakdown of the Dogecoin price, as an analyst projects a decline to $0.2. This bearish prediction could be game over for Dogecoin, as the meme coin has formed a Double Top pattern, indicating that it may experience further downside pressure this quarter. Double Top Pattern Signals Dogecoin Price […]
XRP Price Loses Steam—Can It Overcome These Challenges?
XRP price is down from the $2.85 resistance zone. The price is showing a few bearish signs and must clear $2.650 to start a fresh increase. XRP price started a fresh decline below the $2.70 level. The price is now trading below $2.650 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2.620 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if it clears the $2.620 resistance zone. XRP Price Dips Further XRP price failed to gain pace for a move above the $2.850 level and started a....
Is Ethereum Quietly Building Momentum for a Rally? Analysts Weigh In
Ethereum’s recent price performance indicates a departure from the negative trends that are seen in the broader cryptocurrency market. While assets such as Bitcoin have faced downward pressure, Ethereum managed a slight positive move yesterday, pushing its market value back above $2,700. Amid this price move, questions have been raised about whether the asset might be quietly building momentum for a sudden rally. Related Reading: Ethereum Forms A Bullish Pattern – Expert Reveals Short-Term Price Target Quiet Moves Behind The Scenes Santiment, a well-regarded market intelligence platform....
Ethereum Price Eyes Key Breakout—Will Momentum Lead to a Surge?
Ethereum price is showing positive signs above the $2,620 zone. ETH is outshining Bitcoin and might start another increase in the near term. Ethereum is still showing positive signs above the $2,600 zone. The price is trading above $2,650 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with resistance at $2,700 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if it settles above $2,700 and $2,725. Ethereum Price Remains Supported Ethereum price attempted a fresh increase above the $2,750 level, beating....
Bitcoin Number Of Sellers Drops To A Minimum At Current Levels – Time For BTC...
Bitcoin’s short-term price direction remains uncertain, as analysts and investors are divided on whether BTC will break into a new all-time high (ATH) or face selling pressure into lower prices. The price has been trapped in a narrow range for the past twelve days, holding above $94K and below the $100K mark, with neither bulls […]
Bitcoin Price Remains Under Pressure—Can It Break Free?
Bitcoin price started another decline below the $96,200 zone. BTC is retesting the $95,000 support zone and might struggle to recover losses. Bitcoin started a fresh decline from the $97,500 zone. The price is trading below $96,200 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $96,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $95,000 zone. Bitcoin Price Dips Further Bitcoin price failed to clear the $98,500 and $98,000 resistance levels. BTC formed a....
Ethereum Exchange Balances Drop To 9-Year Low – Time For A Major Price Move?
According to recent data from CryptoQuant, Ethereum (ETH) reserves on centralized cryptocurrency exchanges have dropped to a nine-year low. Experts suggest that this dwindling ETH supply could indicate an impending ‘supply shock,’ potentially fuelling a significant rally in the cryptocurrency. Ethereum Reserves At 9-Year Low Ethereum, the second-largest cryptocurrency by market cap, continues to trade within the mid-$2,000 range, sitting at $2,721 at the time of writing. Unlike Bitcoin (BTC), ETH has had a relatively quiet 2024, struggling to break past its all-time high (ATH) of $4,878,....
Ex-SEC Official Predicts XRP Lawsuit Dismissal On ‘Highly Favorable Terms’
The XRP lawsuit between the US Securities and Exchange Commission (SEC) and Ripple appears to be nearing a resolution, with former SEC official John Reed Stark suggesting that the case will be dropped under “highly favorable terms”. Stark, who formerly served as the Chief of the SEC’s Office of Internet Enforcement, made these claims in […]
XRP Price Consolidation Completed: Will Wave 3 Propel Prices Beyond The $5 Ba...
After two weeks of trading within the $2.30 to $2.50 range, the XRP price appears to be on the brink of a significant price movement. Potentially entering a new price discovery phase for the first time in seven years, analysts suggest a possible surge to new record highs. Bullish Targets For XRP Price In a recent post on social media platform X (formerly Twitter), technical analyst Dark Defender indicated that the XRP price consolidation has concluded, as evidenced by the lows in the relative strength index (RSI) on the daily chart. Related Reading: Ethereum Price Gearing Up for....
Bitcoin To $500,000: Standard Chartered Doubles Down On 2028 Target
Standard Chartered’s global head of digital assets research, Geoffrey Kendrick, has reaffirmed his standout price forecast for Bitcoin. Kendrick, who envisions BTC hitting $500,000 by 2028, bases his conviction on evidence of increasing institutional involvement — specifically pointing to sovereign wealth funds, state pension funds, and other large-scale investors. Sovereign Wealth Funds Enter The Bitcoin Fray According to a new report from Standard Chartered cited by The Block, Kendrick sees growing signs that government-backed investment vehicles are ramping up their interest in Bitcoin.....
Dogecoin’s latest price movement has stalled at a critical resistance level, preventing a bullish breakout above $0.28. As such, the meme coin is now back to battling to hold above support at $0.25. Interestingly, technical analysis shows that this recent rejection at $0.28 has caused a failed predicted breakout above technical indicators. Particularly, crypto analyst […]
World Liberty Financial WLFI Token Sales Surge: Less Than 1 Billion Tokens Re...
World Liberty Financial (WLFI), a forthcoming cryptocurrency platform endorsed by President Donald Trump and his sons, has reported a significant uptick in the sale of its governance tokens. After a slow initial rollout approximately four months ago, Bloomberg reports that the platform has sold over 24 billion of its WLFI tokens, representing more than 96% of its total supply. As it stands, fewer than 1 billion tokens remain available for sale. World Liberty Financial Token Sale Sparks Debate The World Liberty Financial token, priced at 5 cents each, is part of a broader initiative aimed....
Bitcoin, Ethereum, And Solana: Real Vision’s Raoul Pal Calls The Greatest Mac...
Co-founder and Chief Executive Officer (CEO) of Real Vision, Raoul Pal has doubled down on his bullish outlook for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), calling these cryptocurrencies “the greatest macro trade of all time.” Despite recent fluctuations and short-term volatility, Pal argues that the market is positioned for an explosive breakout, which investors should prepare for. Macro Set-Up For Bitcoin And Ethereum Surge While Bitcoin, Ethereum, and Solana face a downtrend due to rising volatility, Pal remains steadfast in his optimistic projection, believing that the market....
Solana Under Serious Pressure Against Bitcoin – SOL/BTC Candle Close Is Crucial
Solana has been under intense selling pressure since reaching its all-time high in late January. The price has struggled to regain momentum, facing negative sentiment as the meme coin market continues to decline, significantly impacting Solana’s ecosystem. Analysts suggest that speculative meme coin trading is one of the primary reasons altcoins, including SOL, have underperformed […]
Bitcoin’s price performance in recent weeks has maintained a sluggish movement, with the cryptocurrency now hovering near the $97,000 mark. Despite the 3% decline over the past two weeks, Bitcoin remains within a consolidation phase following its January all-time high above $109,000. As the asset lingers in this range, discussions around the ongoing halving cycle and its potential impact on future price movements have gained momentum. One noteworthy perspective comes from CryptoQuant analyst Oinonen, who recently shared insights into Bitcoin’s current standing relative to past halving....
Argentina President Milei Faces Impeachment Calls As LIBRA Collapse Shakes Th...
Argentine President Javier Milei, once lauded for his Bitcoin-focused policies, is now facing impeachment over his involvement in a “crypto scandal”. According to multiple reports, opposition lawmakers in Argentina have called for the impeachment of their president after he actively pushed for a new crypto which quickly collapsed, causing millions of dollars in losses. Related […]
Why Litecoin Won’t Break Out—Analytics Firm Reveals the Cause
The market intelligence platform IntoTheBlock has explained the reason why Litecoin has been stuck inside the $90 to $130 range recently. Litecoin Exchange Netflow Has Followed An Interesting Pattern Recently In a new post on X, the analytics firm IntoTheBlock has discussed about a pattern that the Litecoin Exchange Netflow has shown during the recent phase of consolidation in the asset’s price. Related Reading: Glassnode Reveals Where Bitcoin Could Find Support If Current Level Breaks Down The “Exchange Netflow” here refers to an on-chain indicator that keeps track of....
Ethereum Retests Symmetrical Triangle Pattern, Analyst Sets Next Target
Crypto analyst Trader Tardigrade has provided a bullish outlook for the Ethereum price, predicting it could soon witness a massive move to the upside. As part of his analysis, Trader Tardigrade also revealed how high ETH could reach as it enjoys this upward trend. Ethereum Set To Rally To $3,180 As ETH Retests Symmetrical Triangle […]
The Silver To Bitcoin’s Gold: Why A Litecoin ETF Could Drive Price To $800
Crypto analyst EXCAVO has alluded to the potential Litecoin ETFs and how they spark a massive price surge for LTC. The analyst also revealed how high LTC could rally to at the end of this bull cycle thanks to these ETFs. How The Litecoin ETFs Could Drive LTC’s Price To $800 In a TradingView post, EXCAVO highlighted the Litecoin ETFs as one of the factors that could drive LTC’s price to $800 at the end of the cycle. He noted that Litecoin is just a fork of Bitcoin, and there is not much technology in it. However, he added that a decentralization and adoption issue is occurring, making LTC....
Dogecoin Shows Striking Resemblance With 2017’s Price Trend, Will It Trigger ...
A potential shift from bearish performances in Dogecoin’s price seems to be on the horizon as the chart shows an encouraging trend of growing bullish momentum. With DOGE’s upside strength gradually building, analysts believe that the meme coin could be entering the beginning of a notable price move to higher levels. Is Dogecoin’s History About […]
Dogecoin Repeating History? This Setup Led To 150% Gains
A new technical chart shared by crypto analyst Cas Abbé (@cas_abbe) on X is showing a recurring bullish pattern in Dogecoin’s price action. The 3-day chart highlights three distinct descending channels in Dogecoin’s history—one during Q4 2023, another in Q3 2024, and the current one in early 2025—that each preceded major price surges of over 150%. Dogecoin’s 150% Breakout Pattern Is Back Abbé writes via X: “DOGE is currently in a bullish descending channel, similar to Q4 2023 and Q3 2024. In both cases, the breakout resulted in a 150%+ pump.” The chart illustrates how Dogecoin formed a....
HK Asia Holdings Buys One Bitcoin and Its Stocks Surge by Over 90%. Will BTC ...
HK Asia Holdings announced the purchase of one Bitcoin on February 13, calling this investment “symbolic in scale.” Following the public announcement, the company’s stocks surged by 93% between February 13 and 17. This increase catapulted the stock to 5.50 HKD (Hong Kong Dollars) which is the equivalent of $0.71. While the price has fluctuated […]
Best Crypto to Buy as Bitcoin Breakout Is on the Horizon – Hype Rules the Market
The crypto king’s volatility is the lowest it’s been in years, valued between $91K and $109K since November 2024, signaling a Bitcoin breakout. As measured by the Choppiness Index, $BTC has not experienced such a tight consolidation since 2015. The indicator signals low volatility, which, historically, can spur tremendous price movements – either north or […]
Altseason At Risk? Expert Believes Ethereum Must Hold $2,600 To Sustain Momentum
Ethereum is trading at crucial demand levels, facing intense selling pressure and struggling to reclaim the $2,800 mark. The recent price action has raised concerns among investors, who are trying to stay calm amid rising volatility but fear that Ethereum could drop further. Related Reading: Are Meme Coins Hurting Solana? Rising Selling Pressure Sparks Investor Concerns The broader crypto market sentiment remains divided, with Ethereum significantly underperforming Bitcoin and failing to build strong bullish momentum. Some analysts believe that ETH is at a make-or-break level, while others....
Cardano Set To Become One Of The Fastest Cryptocurrencies: IOG
In the latest Essential Cardano360 broadcast, Input Output Global (IOG) shared new details surrounding its novel consensus innovation, Ouroboros Leios, which could potentially position Cardano among the fastest blockchain platforms in the industry. The discussion featured Senior Prototyping Engineer at IOG, Brian Bush, offering insights into the technical mechanics behind this next stage of Cardano’s […]
FTX Payouts Begin Today, Will Bitcoin Price Rally Or Crash In Response?
The long-awaited FTX creditor payouts are set to begin today, February 18 after over two years of bankruptcy. This payment, which is the first batch, is targeted towards targeting smaller creditors. Nonetheless, the payout could have a few effects on the crypto industry, especially if creditors receive payouts in crypto. A crypto analyst, Excavo, has shared his perspective on TradingView, highlighting the potential liquidity shifts that could follow FTX’s creditor payouts and the broader implications for Bitcoin and altcoins. FTX Payouts Kick-Off: How Does This Affect The Crypto....
Cardano Soars Nearly 130% To $30 Billion, Climbs To 9th In Market Cap Rankings
Cardano’s decentralized finance (DeFi) environment has increased significantly, with the total value locked (TVL) expanding by 13%. The spike, while impressive, is the product of multiple variables at work in the blockchain’s expanding DeFi scene. Related Reading: XRP Set To Outshine Gold? Analyst Predicts 1,000% Surge This surge is due to major protocol improvements and a steady rise in the adoption of decentralized apps (dApps), indicating a bright future for the network. Key Upgrades And Protocol Improvements Recent network upgrades have substantially facilitated....
Binance Exec Shuts Down Rumors—Crypto Exchange Not Up For Sale
Recent allegations that the biggest cryptocurrency exchange in the world is for sale have been rejected by Binance officials. Rumors circulating on social media about the exchange under negotiations for acquisition abound, however the company’s leadership has refuted these claims. Related Reading: Crypto Riches Under Fire—Pantera Capital Founder Probed Over $850M Gains 所以,搞了半天是币安要卖掉了?🤣@cz_binance @heyibinance 真假? […]
Investor sentiment seems to be picking up steam in the midst of Bitcoin’s persistent waning price performance, which has been going on for a few weeks. BTC’s price fluctuations have raised speculations about a bearish market drawing close. However, investors are unfazed by these discussions as they continue to adopt the largest digital asset. Bullish […]
SUI Bearish Grip Tightens As Price Eyes $2.8 Retest Amid Market Pressure
SUI is facing mounting pressure as bearish sentiment continues to dominate the market, driving its price toward a critical retest of the $2.8 support level. This key price point has become a focal point for traders and investors, as it could determine the token’s short-term trajectory. Recent market trends have seen SUI struggle to regain upward momentum. The $2.8 level, which has historically acted as a strong support zone, is now being tested once again. A successful hold may signal a potential rebound, while a breakdown may open the door for further downside. The broader cryptocurrency....
Bitcoin STH Realized Profit Reveals Strong Support Level – Time For A Breakout?
Bitcoin’s short-term price direction remains uncertain as the market struggles to confirm its next move. Analysts and investors are divided, with some calling for a breakout into new all-time highs while others anticipate renewed selling pressure into lower prices. The price has been consolidating in a narrow range for the past twelve days, holding above the $94,000 demand level and facing resistance below the $100,000 mark. Related Reading: Are Meme Coins Hurting Solana? Rising Selling Pressure Sparks Investor Concerns Key data from CryptoQuant reveals that the nearest support zone for....