Here’s What One Analyst Claims Has Been “Camouflaging” Bitcoin’s Bull Trend
Bitcoin has been caught within the throes of a macro uptrend since March, despite the cryptocurrency facing immense selling pressure over the past month that has led it down from highs of $12,400. As of late, the crypto has been witnessing multiple ongoing events that have created some turbulence, although bulls have been stopping it […]
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The recent bearish trend in the crypto market have prompted many to speculate about the market’s next movements. Among these speculators, analyst Dan Gambardello’s latest insights suggest a bullish future for the market. Gambardello’s recent analysis points towards the potential of the market’s upcoming bull run to surpass previous cycles in its strength. Highlighting Potential Top […]
Bitcoin prices could undergo an aggressive bull run in the coming sessions, with their upside price targets lurking anywhere between $60,000 and $64,000.
Ethereum has been seriously underperforming Bitcoin over the past few weeks, which comes as most altcoins lose significant value against BTC ETH has seen a few sharp rises that have helped it to buck this trend and gain some ground against BTC However, it has still been generally unable to keep up with Bitcoin’s massive momentum This trend may not last for long, however, as one analyst is now pointing to a few factors that […]
More proof that Bitcoin is far from the most vertical stage of its bull run comes from PlanB and the relative strength index. Bitcoin (BTC) can surge to $92,000 in the next two weeks and still “only” be matching its past performance, new data claims.In a tweet on Wednesday, PlanB, the analyst behind the stock-to-flow family of Bitcoin price models, noted that despite this week’s gains, BTC/USD still has plenty of energy in it.PlanB focused on Bitcoin’s relative strength index (RSI), a classic metric used to chart the progress of price runs in particular. RSI can give a useful insight into....
The Bitcoin price has been experiencing a series of price fluctuations for two years now. The cryptocurrency has been on a bullish threshold multiple times but has failed to hold a bullish momentum for long. Nevertheless, a Bloomberg analyst has predicted an unfeigned bull run for BTC, but the potential uptrend comes with certain factors and conditions. Investors Prepare For Possible Bitcoin Bull Run The slow growth of Bitcoin price has left investors and crypto enthusiasts hoping for a potential bull run since its crash in 2022, which saw the cryptocurrency dropping from $46,000 to below....