Bitcoin Heat Macro Phase Signals Accumulation Before Next Growth Wave
Bitcoin continues to trade around the $110,000 level, unable to reclaim higher ground after weeks of volatile price action. The market is still digesting the impact of the October 10 flash crash, which erased billions in open interest and sent shockwaves across altcoins. Despite a gradual recovery in on-chain metrics and institutional inflows, sentiment remains fragile, with traders hesitant to take new long positions. Related Reading: Bitcoin STH-SOPR Falls Below 1.0 for the First Time Since April – What This Means According to top analyst Axel Adler, the Bitcoin Heat Macro Phase — a key....
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With the market remaining indecisive, Dogecoin has found its way into another accumulation phase after being rejected by bears once again. This has seen its price stuck just above $0.2, with a failure to mark any successful breakout. However, with accumulation trends, they often tend to form the basis for the next move, which could […]
After hitting a new two-year peak back in 2024, the Dogecoin price had trended downward, and the result of this was a move into a major accumulation trend. Since then, the meme coin has been caught in this accumulation trend, with the majority of the price action favoring a bearish market. But with the tides changing, there could be a different approach for the cryptocurrency as Dogecoin flashes what seems to be an end to the accumulation trend. The Wyckoff Accumulation Holding Back Dogecoin Crypto analyst Trader Tardigrade shared that the Dogecoin price has been caught in a massive....
Bitcoin has entered a consolidation phase after reaching $124,500 earlier this month and retracing below the $115,000 mark. The sharp move higher followed by weeks of sideways action has left the market in a state of uncertainty, with traders watching closely for the next decisive move. For many analysts, this consolidation is not a sign of weakness but rather a natural pause before the next leg higher. Related Reading: Bitcoin Supply In Profit Hits Historical Threshold – Echoing Past Patterns A push above the all-time high would be the clearest confirmation that the next wave of growth....
Bitcoin price struggled to establish a stable direction in the past week, as intense levels of volatility continue to rock the market. Following two weeks of market correction, the premier cryptocurrency attempted a price rebound, reaching around $112,000 before retracing to $107,000 price zone. Presently, Bitcoin trades in the $111,000 price range after some steady gains in the past 48 hours. Interestingly, a popular analyst with the X username DaanCrypto has identified an insightful trend amidst this market uncertainty. Related Reading: Bitcoin Heat Macro Phase Signals Accumulation....
Crypto analyst XForce has predicted that the XRP price could rally to $10 on a wave 3 impulsive move to the upside. The analyst also indicated that the bottom was in for XRP even as the crypto market remains in a downtrend. XRP Price Headed To $10 On Wave 3 Move In an X post, XForce told XRP holders to get ready for a rally to $10 or higher, which he described as a conservative wave 3 target. He noted that there are minor market inefficiencies in the local timeframes for the XRP price. However, the analyst added that the macro chart shows clear accumulation and a solid price floor after....