Bitcoin Enters Buy Zone That Previously Led To A 660% And 1,700% Rally
Crypto pundit Vivek has revealed that Bitcoin has entered a buy zone that led to parabolic rallies in the previous bull cycles. This comes as analysts predict that BTC risks dropping to the psychological $70,000 level, with the leading crypto showing weakness on lower timeframes. Bitcoin Enters Historic Buy Zone That Led To Parabolic Rallies In an X post, Vivek stated that Bitcoin has entered the best buy zone of this cycle, similar to the buy zones in the 2018 and 2022 bear cycles, just before BTC rallied 1,700% and 660%, respectively. The pundit declared that a parabolic rally is next,....
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Bitcoin saw its price retrace after initially moving upwards and clearing the resistance at $80,000. Eventually, though, the price ended up hitting major resistance at $82,000 and falling back downward. Now, the Bitcoin price seems to be stuck in a sideways movement that threatens to be the end of the recovery. However, this might not be the end of the bullish trend that is being flagged on the chart. Why The Bitcoin Price Could Recover Quickly In a recent post, a pseudonymous crypto analyst who goes by HAMED_AZ highlighted three clear signals that could show that the bitcoin price is on....
Over the past week, Bitcoin prices rose slightly by 1.04% to enter the $110,600 price zone following previous weeks of an extensive correction. Notably, on-chain data shared by crypto analyst Burak Kesmeci suggests the premier cryptocurrency may have found a potential bottom, indicating strong potential for a price rally in the coming weeks. Related Reading: […]
The Shiba Inu price has now entered a buy zone after a crash that sent it below the $0.000017 support. At this point, it presents a unique opportunity for investors looking to get into the cryptocurrency at a low price, especially as the market looks toward another recovery. Analyst Identifies Buy Zone For SHIB According […]
Dogecoin has once again returned to a familiar price range that has historically acted as a launchpad for upward moves. In the latest 4-hour candlestick timeframe, Dogecoin is now approaching the $0.168 to $0.172 support band, a level it previously bounced from earlier this month. Despite this price decline, the meme coin is technically ready […]
Crypto analyst Blade has pointed to a Bitcoin trend that could signal when the leading crypto could find a bottom in this bear market cycle. The analyst also suggested that BTC could rally to as high as $400,000 in the next bull market. Bitcoin Trend Which Points To When BTC Could Bottom In an X post, Blade noted that every BTC cycle has ended the same way, with the trendline on the monthly chart breaking and support getting lost. He noted that when this happens, market participants call for a deeper crash, but that is when Bitcoin finds a bottom, just as it has for 15 years. Related....