Crypto CEO “Convinced” Of Bitcoin Cycle Top, Warns Of Sell Side Intensity
Despite the best efforts by bulls for what has been several weeks now, Bitcoin price can’t seem to get back above $60,000 and spend any meaningful time above it. Fundamentals are as bullish as it gets for the top cryptocurrency, but bearish technicals might have finally caused sellers to step in. That’s according to one […]
Related News
A crypto analyst has outlined a specific period he believes could be the right time to sell Bitcoin (BTC) for the most returns. Supporting his prediction, the analyst highlighted a recurring historical pattern that has marked major bullish turning points in BTC’s market cycles. He suggested that these past patterns could be used to determine the best exit points for traders in the ongoing cycle. Analyst Reveals Best Time To Sell Bitcoin Crypto market analyst Merlijn The Trader has cautioned that Bitcoin could be approaching a major turning point, urging traders to consider selling their....
According to an X post by crypto analyst Ali Martinez, Bitcoin (BTC) is witnessing a decline in sell-side pressure, indicating that a local market bottom may soon form for the premier cryptocurrency. Bitcoin Local Bottom On The Horizon? Bitcoin continues to trade just below the psychologically significant $100,000 level, hovering at $98,650 at the time of writing. However, the top cryptocurrency by market capitalization is witnessing a notable drop in sell-side pressure. Related Reading: Bitcoin 4-Year CAGR Drops To 14.45% But Still Outshines Gold, Stocks – Details Martinez shared the....
Ripple’s latest $750 million share buyback has split the XRP community in two. While some members see the internal buy-and-sell cycle as a sign of strength for both the crypto payments company and XRP, others argue that the move exposes a cycle that has always put retail XRP holders at the bottom of the food […]
In this episode of NewsBTC’s daily technical analysis videos, we examine major Bitcoin price troughs with Hurst Cycle Theory and cyclical tools to consider if the bottom could be in and if another bubble is coming. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): November 7, 2022 In this video, we use Hurst Cycle Theory and its several key principles to go through the process of phasing out Bitcoin market cycles to predict when the cryptocurrency will begin to rise again. Cycle analysis consists of visual analysis, using a spectrogram, phasing the dominant....
Ethereum has posted its strongest buy-side pressure on derivatives markets since the 2022 bear market, according to CryptoQuant analyst Darkfost, a shift that could matter after months of persistent sell-side dominance across this cycle. The change does not, on its own, confirm a full trend reversal. But it does mark a notable break from the pattern that has weighed on ETH during key upside attempts. Ethereum Flashes Early Recovery Signal In a post shared on X on April 18, Darkfost argued that Ethereum has spent most of the cycle fighting “unusually heavy selling pressure on derivatives....