Bitcoin’s $60K Range Seen As Potential Long-Term Accumulation Zone, Analyst Says
A heavy wave of US Treasury issuance, a $250 billion IPO pipeline, and a shift in big tech cash toward AI spending are among the pressures Jamie Coutts says could keep markets tight for a while longer. The Real Vision chief crypto analyst still thinks Bitcoin buyers in the $60,000s may be getting a rare long-term entry point, even if the market has not fully washed out yet. Related Reading: XRP Dips In The Short Run, But A Bigger Setup May Be Forming: Analyst The Pressure Building Coutts framed the recent drop as part of a broader reset, saying Bitcoin has already fallen about 50% from its....
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A new Bitcoin price analysis confirms that the flagship cryptocurrency is still in a bullish trend after its recent bounce off a key re-accumulation zone. With key structural support levels intact and a bullish AB=CD pattern unfolding, analysts are now eyeing a potential surge above $120,000, marking a new all-time high. Bitcoin Price Targets $122,000 After AB=CD Completion According to a technical analysis report by TradingView crypto analyst Weslad, Bitcoin is accurately following a well-defined bullish trajectory, potentially paving the way for a surge to $122,000. With BTC now priced....
A crypto analyst has identified multiple price levels he believes could be dream entry points ahead of Bitcoin’s (BTC) long-term price rally. The analyst has shared several ambitious price targets for BTC, expecting the cryptocurrency to skyrocket to $300,000 and even $500,000 in the coming years. Analyst Identifies Bitcoin Buy Zones Before $300,000 Target In a recent X post, market expert Crypto Patel stated that while many investors are panicking after Bitcoin’s recent decline below $74,000, he is using the opportunity to quietly build his position. The analyst said he is preparing to....
Dogecoin is back at a technical level that historically favored accumulation, with the memecoin testing long-term support as weekly momentum cools. The setup, laid out by Cryptoinsightuk’s Will Taylor, points to a potential 300% move if DOGE can once again trade the upper end of its multi-year range. Will The Dogecoin Price Explode By 300%? Taylor’s thesis is built almost entirely on structure. On the weekly DOGE/USDT chart he shared, Dogecoin was sitting near $0.09006, pressed into the lower boundary of a broad pennant formation that has contained price action for years. The same chart....
According to market analyst Darkfost, Bitcoin’s price-based supply distribution is revealing critical zones that could define the asset’s near-term trajectory. This latest piece of important on-chain data is offering a clearer picture of where the market may be headed next, following the positive price action observed in early April. Related Reading: Bitcoin 23 Bar Theory: What Happens To The BTC Price If The Bottom Is In? 61% Of BTC Supply In Profit Despite Bear Season In an X post on April 11, Darkfost shares an insight into Bitcoin’s price structure based on its supply....
XRP is down 58% from its all-time high, and two popular chart-focused accounts on X are framing the drawdown as a potential accumulation window rather than a trend break. How Low Will XRP Price Go? Crypto Patel (@CryptoPatel) told followers on Feb. 4 that XRP/USD has “entered our first accumulation zone at $1.50–$1.30.” In his post, he urged staggered entries rather than trying to time a single bottom. “Start buying slowly at these levels, no rush, just steady accumulation,” he wrote, positioning the move as capital-preservation after what he described as an earlier call highlighting a....