Bitcoin Stands At The Edge Of Explosion – Cup & Handle + IH&S Signal A Breakou...
Bitcoin is approaching a critical tipping point as two powerful bullish patterns, the Cup & Handle and the Inverse Head and Shoulders, align to signal a potential breakout storm. With momentum building and key resistance levels now within reach, the market is bracing for what could be a major explosive move. BTC Climbs Above 93,160 As Cup & Handle Targets 104,000 Charting BTC on the 4-hour timeframe, analyst Kamile Uray revealed that the price is currently moving above the $93,160 level. Uray is closely monitoring the price, as a successful close above this level would confirm the breakout....
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Bitcoin price is currently trading at around $23,500 at the time of this writing, up over 30% from lows and 10% for the week. The recovery has brought the weekly RSI out of oversold territory after reaching historical levels. Here is why the setup could be the buy signal bulls have been waiting for, and how the Relative Strength Index currently resembles the last bear market bottom. Weekly Bitcoin RSI Recovers From Historical Oversold Conditions In technical analysis, sometimes less is more. Traders commonly fill a chart with lines or indicators, desperately seeking an edge in the market.....
The San Diego-based cryptocurrency firm Edge has announced the launch of a confidential crypto Mastercard that doesn’t collect KYC data and doesn’t charge transaction fees. Edge’s website notes that there’s “no name or address associated with [the] Edge Mastercard” giving privacy advocates peace of mind.
Edge Reveals Privacy-Centric Crypto Mastercard
The digital currency firm Edge has announced the launch of the Edge Mastercard, a loadable crypto debit card that doesn’t collect KYC data. Edge revealed the Mastercard on Twitter and....
Former U.S. President Donald Trump says that crypto is “a very dangerous thing.” Commenting on cryptocurrencies, he warned of “an explosion someday” that will “make the big tech explosion look like baby stuff.” He also talked about his new social media platform, Truth Social, and his wife’s non-fungible token (NFT) venture.
Former US President Trump Warns of a Massive ‘Explosion,’ Stating that Crypto Is ‘Very Dangerous’
Donald Trump commented on cryptocurrency, his wife’s non-fungible token (NFT)....
Prominent crypto analyst Gert Van Lagen has shared a positive market prediction hinting that the altseason may soon begin. Based on a fully formed bullish pattern, the Dutch market expert postulates that altcoins are on the edge of a market breakout. Related Reading: Ethereum Ready For Price Rally As STH Numbers Set To Cross 4 Million — Here’s Why Altcoin Market Tipped To $5.4 Trillion Valuation In Altseason The cup-and-handle is a classic bullish continuation pattern in technical analysis. It usually signifies an asset’s potential to continue rising after a period of consolidation.....
An analyst on TradingView presented a technical outlook that contrasts with prevailing market sentiment, suggesting that Dogecoin is still forming the cup phase of a cup and handle pattern rather than completing the handle as many believe. This alternative perspective frames the recent price movements not as a retest following a breakout, but as part […]