Bitcoin Lags Behind S&P 500, Signaling Potential Bullish Catch-Up
Bitcoin has managed to record some price gains in the last week following a brutal market sell-off at the start of July which saw the crypto market leader lose 10% of its price on July 5. At the moment, analysts continue to roll out observations and predictions that suggest that Bitcoin may soon pull off a market rebound and perhaps eventually embark on a highly-expected bull run. Related Reading: Institutions Grab Over $5 Billion Bitcoin in a Week: Are They Predicting a Mega Rally? Bitcoin’s ‘Rare’ Underperformance Hints At Possible Bullish Rebound In an X post on Friday,....
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The price of Bitcoin has continued a mild recovery in the last 24 hours following the recent price plunge in the first week of July. According to data from CoinMarketCap, BTC is up by 1.11% in the last day as the market bulls appear to gather momentum for a full-price rebound. Interestingly, the on-chain analysis platform, IntoTheBlock has provided some insights into the resilient behaviors of these Bitcoin optimists amidst the current market downtrend. Related Reading: Bitcoin Lags Behind S&P 500, Signaling Potential Bullish Catch-Up Bitcoin Whales Acquire 71,000 BTC In One Week –....
Bitcoin’s recent price movement near the $85,211 level has revealed several technical red flags, suggesting potential weakness in its bullish momentum. Despite multiple attempts to break through this critical resistance, BTC has struggled to maintain upward traction, signaling a possible shift in market sentiment. The inability to reclaim key resistance zones has left the bulls […]
A new technical analysis has revealed that the Dogecoin price has officially completed a bullish rounded bottom pattern, signaling a potential trend reversal and paving the way for a significant price rally. Supporting the possibility of a breakout, Dogecoin is also entering into a critical range, with analysts closely watching for a decisive move that […]
The Dogecoin price is currently bouncing off the lower border of a Falling Wedge pattern, signaling the potential for a strong upward momentum. A crypto analyst has explained that if the cryptocurrency can break above this boundary, it could reach several new bullish targets soon. Dogecoin Price Next Bullish Targets Dogecoin is showing signs of […]
Dogwifhat (WIF) has resumed its upward trajectory, with the price approaching the key $2.89 level as bulls take back control. After a period of consolidation, renewed buying pressure has fueled the meme coin’s rise, signaling that momentum is once again favoring the bulls. With increased buying pressure and positive market sentiment, WIF is showing signs of an impending uptrend. As WIF edges closer to this significant resistance level, this article will assess its recent price action, highlighting the bulls’ regained strength. Through an analysis of key technical indicators and....