Daily Bitcoin Market Price Update: Bull Market In Sight
Yesterday we analyzed the bitcoin market from a weekly perspective and saw that we are, in all likelihood, very close to the beginning of a bull market. However, the weekly chart is unclear about whether or not there may be another week of selling. My analysis and the charts you see herein are based upon bitcoin price as reflected on Bitstamp. Daily Chart - Bearish Setup. Today we will look at the daily chart of the bitcoin market to get a closer look at what the charts are telling us. Here I have elected to use an eight candle bearish setup from the June 2014 high. Note first of all that....
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In the middle of an outstanding bull market for the whole crypto space, Ethereum stands out in a big way. And it’s easy to see why. On one hand, we have the rise of DeFi and the NFT craze. On the technical side, we have the EIP-1559 update coming in July. And on the corporate […]
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