Bitcoin Consolidates Below ATH – Buying Pressure Weakens As Equities Outperform
Bitcoin is facing growing risks of a pullback as bullish momentum begins to fade near key resistance. After weeks of impressive gains, BTC is now consolidating in a tight range just below its all-time high, with buyers struggling to push the price into price discovery. This ongoing indecision has raised concerns among traders and analysts, who are closely watching for signs of either a breakout or a deeper retracement. Related Reading: Ethereum Multi-Year Consolidation Could Spark A Parabolic Move – Details Crypto analyst Daan offered a broader perspective on the situation, noting that....
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Cardano (ADA) is entering a decisive moment as bulls fight to hold the $0.74 support zone and build momentum for a move toward the $0.90 level. After gaining over 68% since its April lows, ADA is showing strong signs of recovery, but it must defend current levels to confirm continuation. This phase is critical, as price action tests a key demand zone that previously triggered significant upside. Related Reading: Bitcoin Consolidates Below ATH – Buying Pressure Weakens As Equities Outperform Adding to the bullish sentiment, on-chain data from Santiment reveals that whales have accumulated....
The Bitcoin price action over the weekend has been quite sluggish, reflecting the indecision and fatigue seemingly hovering over the cryptocurrency market at the moment. After a dour performance during the week, the premier cryptocurrency has continued to trade within the $92,000 – $95,000 range on Saturday, May 17. With the choppy price action, doubt about the Bitcoin price reclaiming its all-time high of $108,786 is starting to creep in. However, the latest on-chain data suggests that the market leader could be gearing up for significant price movements over the next few weeks.....
XRP is holding above critical support levels after weeks of steady gains, but continues to face resistance below the $2.65 mark. Despite struggling to break higher, price action remains constructive, and traders are closely watching for signs of a breakout. The market appears to be coiling for a decisive move, with both bulls and bears awaiting confirmation. Related Reading: Bitcoin Consolidates Below ATH – Buying Pressure Weakens As Equities Outperform Some analysts believe XRP is on the verge of a significant price surge, especially as broader market sentiment improves and Bitcoin....
Blueprint Capital Advisors CEO Jacob Walthour says it’s a mistake to ignore crypto as an asset class. He also predicts that crypto will outperform equities in the foreseeable future. Investment Adviser Expects Crypto to Outperform Equities Jacob Walthour, CEO and co-founder of Blueprint Capital Advisors, discussed his outlook for the crypto and equity markets in an interview with CNBC Wednesday. Walthour has over 25 years of experience in capital markets, traditional, and alternative asset management. “At this stage, we have to think back to how it all started,” he....
Europe is the place to be – not because of picturesque Amalfi coast or the Alps but because European stocks outperform their US counterparts. STOXX Europe 600, an index measuring the performance of 600 equities across 17 European countries, grew 3.3% in February, while the US S&P 500 dipped 1.4%. The largest tech index Nasdaq […]