Bitcoin Bulls Should Be Wary Of This Level Or Investors Risk Getting Trapped
A crypto analyst has sounded the alarm over a critical breakout level that could trap many Bitcoin (BTC) bulls. The analyst has predicted that the BTC price could extend its ongoing recovery and potentially push toward the $80,000 level in the short term. However, he cautioned that this move could attract late buyers who mistake […]
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The US Securities and Exchange Commission (SEC) has released a new alert, warning investors about the risk of fraud in the digital currency industry. In its latest guidance, the SEC, a federal organisation tasked with enforcing US securities law, advised investors to be wary of promises of large returns on investments in bitcoin ventures and schemes: "A new product, technology, or innovation - such as bitcoin - has the potential to give rise both to frauds and high-risk investment opportunities." Lack of controls, oversight. According to the SEC, there are several warnings signs that....
Ethereum’s price has been trapped below one crucial level throughout the past few days While it has been flashing signs of strength, buyers have not been able to shatter the selling pressure that exists at $450 This is a key level that ETH bulls have been struggling to break above throughout the past few days and weeks Until this level is firmly surmounted, the crypto may remain in a somewhat precarious position Buyers and sellers […]
Crypto pundit RWA Investor said that XRP traders going short on the altcoin are trapped, just like Bitcoin bears. This came as he revealed the roadmap for XRP’s rally to a new all-time high (ATH) of $7. Pundit Says XRP And Bitcoin Bears Are Trapped In an X post, RWA Investor said that the XRP […]
Bitcoin remains range-bound after a brief weekend rally gave bulls false hopes of news highs. The first cryptocurrency by market cap has been trapped in the $48,000 to $50,000 region since last week. The price action has investors puzzle, as the bullish momentum reached its peak, at least, for the short term. Analyst Ben Lilly […]
Crypto analyst Crypto Patel has predicted that the Ethereum layer-2 Arbitrum could record a 7,400%, providing a bullish outlook for the altcoin. He also revealed key levels for investors to keep an eye out for as the position for this potential rally. Arbitrum Eyes 7,400% Run With Price Down 96% From ATH In an X post, Crypto Patel predicted that Arbitrum could rally 7,400, with the price currently down 96% from its all-time high (ATH) of $2.40. He noted that ARB got trapped inside a brutal descending channel after its 2024 top, which led to the 96% crash from its ATH. The analyst added....