Why Bitcoin Aims For New Highs After Bump Phase
Bitcoin has been consolidating in the mid-range of the $50,000 in the past weeks. The cryptocurrency went through a correction during the weekend and lost critical support at $47,000, only to be saved by whales. These investors took long positions when the market went on full-fear mode and profited. But now, price action is back […]
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Dogecoin (DOGE) is currently showing signs of entering one of its strongest bullish phases yet, with an analyst pointing toward a rare chart formation that could trigger a powerful upside rally. According to technical analysis, Dogecoin may be on its way to hitting new all-time highs, with $0.8 marked as the next bullish target. Related Reading: Bitcoin Rockets Past $119K, Analysts Now Eye $130K Target Analyst Doubles Down On Bold Dogecoin Forecast A new analysis by Mikybull Crypto, a prominent market expert on X social media, reveals that Dogecoin has completed the critical phases of a....
DOGE's bullish pattern has reached its profit target 79 out of a hundred times in its financial history. Dogecoin (DOGE) looks ready to extend its rebound move despite the current crypto bear market.79% chances DOGE will extend its rebound moveDOGE's price appears to have been painting a "bump-and-run-reversal (BARR) bottom" since May 11, a technical pattern that points to extended trend reversals in a bear market. It consists of three successful phases: Lead-In, Bump, and Run.The "Lead-In phase" sees the price consolidating inside a narrow, sideways range, showing an interim bias conflict....
Here's what we are watching this morning in the bitcoin price. Stops, targets and entry levels. That we will get a solid and sustained intraday move in the bitcoin price over the weekend – and more often than not, on Sunday – is becoming something of a standard assumption as late. Generally, it comes as the markets in Asia open for a fresh week, and a bump up in volume initiates a concurrent bump in volatility. This week was no exception, and as markets opened in Asia last night (or a little before if we’re to be exact), the bitcoin price gained to reach fresh weekly highs at 428 flat.....
No clear signal for Bitcoin’s price, except for uncertainty. Investors are puzzled as the first cryptocurrency by market cap follows crab-like price action. At the time of writing, BTC trades at $35,935 with sideways movement across the board. The most bullish expert believes BTC could be forming a Bump and Run Reversal (BRR). In 2018 […]
Marketed as a way to discuss in person major issues regarding the Bitcoin technology, the Scaling Bitcoin Workshop was attended by many of Bitcoin's most prominent developers to discuss technical issues facing the digital currency earlier this month. Now, they look forward to a similar event, "Phase II," in Hong Kong in December. The Montreal conference was held under Chatham House Rules, meaning, while the entire conference is transcribed, who said what will not be known. "Many [were] interested or at least willing to accept a 'short term bump,' a hard fork to modify block size limit....