Bitcoin Double-Top Pattern Says Bull Market Is Over, Is A Crash Coming?

The bearish setup sees Bitcoin price crashing to as low as $25,000. Bitcoin (BTC) could be forming a so-called "double top" pattern after falling by over 30% from its record high of $69,000, suggests Peter Brandt, a veteran trader known for correctly calling the crypto market top in December 2017. The bubble has been popped. Bull market in $BTC over for some time. For analog look at Gold chart from 2011 on wards pic.twitter.com/AUSiGH0eCg— Peter Brandt (@PeterLBrandt) December 22, 2017 The Factor LLC CEO recalled Bitcoin's inability to extend its price rally above its previous all-time....

The upside setup for SOL price appears despite Solana-based investment products seeing significant capital outflows. The price of Solana (SOL) may rise by over 45% in the coming weeks as the cryptocurrency intends to complete a double-bottom chart pattern against the U.S. dollar.A $150 SOL ahead?Double-bottoms typically appear at the end of a downtrend when the price falls to a low, rebounds, and returns to the level near the previous low. With bears unable to push the price to a newer low, the selling sentiment exhausts, leading to a sharp upside retracement and a breakout move....

Dogecoin has yet to hit its previous $0.74 all-time high from 2021, but nevertheless, $1 has remained the target for the altcoin this cycle. This is due to the expectation of another altcoin season that could send the price on a similar run that was seen in 2021. However, if the Dogecoin price were to actually see a repeat of what happened in the past two previous bull cycles, then the $1 mark may only be a starting point, given how high the price could go. Dogecoin Price Mirroring Past Cycles Crypto analyst Trader Tardigrade has noticed an eerily similar pattern on the Dogecoin price....

Bitcoin has recently recovered above $40,000 to much fanfare from investors. This has been a long time coming given how low the digital asset had gotten following the market crash. It is a significant point to cross in the road to another bull rally. One thing though, is that the cryptocurrency still has a long way before it is back in bull territory, which market analyst Justin Bennett puts at the $45,000-$46,000 level. As the market tries to work its way towards this bull trend, there are also signals that suggest that a bull rally is not the only likelihood in the near future of the....

Technical indicators are pointing to a major breakdown of the Dogecoin price, as an analyst projects a decline to $0.2. This bearish prediction could be game over for Dogecoin, as the meme coin has formed a Double Top pattern, indicating that it may experience further downside pressure this quarter.  Double Top Pattern Signals Dogecoin Price […]