Bitcoin Eyes Turnaround: Could A New All-Time High Be On The Horizon? Analyst...
Crypto Rover, a seasoned cryptocurrency trader and analyst, has recently shared insights suggesting that Bitcoin’s current trajectory may change. Based on the latest technical analysis, Bitcoin might soon paint a brighter, bullish picture. Bitcoin Break From The Bearish Shackles In his recent analysis, Crypto Rover explained Bitcoin’s price action shift. It’s been noted that the leading crypto is making headway in breaking a longstanding negative trend that has persisted for 77 days. This shift marks a monumental moment for Bitcoin, which had been entrapped in bearish....
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Bitcoin, the leading digital currency, has often seen its fortunes rise with October’s arrival, and historical data points towards the possibility of a similar trend this year. Over the past decade, Bitcoin’s October performance has been notably bullish, leaving many investors hopeful for a turnaround after recent challenging months. But while the past does offer a ray of optimism, the unpredictable nature of crypto markets means that the future remains uncertain. Related Reading: Bitcoin Eyes Turnaround: Could A New All-Time High Be On The Horizon? Analyst Predicts A Decade Of....
In the past five weeks alone, Bitcoin has gained 60%, boosting to $16,600 as of this article’s writing. Analysts are confident that further gains are on the horizon. Mike McGlone, analyst at Bloomberg, says that Bitcoin passing its previous all-time high at $20,000 will cause a large move higher. Bitcoin Could Hit $50,000 If it Secures All-Time High Bitcoin has rocketed higher over recent weeks. In the past five weeks alone, the leading cryptocurrency has […]
Cosmos, a blockchain where developers can create custom chains that interconnect and communicate, has revealed its roadmap for 2024. According to an X post on September 25, the roadmap centers on increasing modularity, improving the developer experience, addressing “technical debt,” and driving user adoption. With this, Cosmos developers plan to take on the more established platform, Ethereum. Related Reading: Bitcoin Eyes Turnaround: Could A New All-Time High Be On The Horizon? Analyst Predicts At the heart of Cosmos are features such as Tendermint, a consensus system that....
DigiFinex, a global cryptocurrency exchange, is adding Horizon Protocol’s token HZN to its ever-increasing list of tradeable altcoins. This news comes a few days after Horizon Protocol announced the upcoming launch of their Horizon Genesis project on BSC. The project will provide Horizon Protocol’s community with better ways of managing their synthetic assets on the […]
Crypto analyst Kartik has revealed a technical pattern that has formed for the Ethereum price, indicating a possible breakout may be on the horizon. The analyst further revealed the new targets that have emerged for ETH due to the bullish pattern. Ethereum Price Forms Flag And Pole Pattern In a TradingView post, Kartik revealed that the Ethereum price had formed a flag and pole pattern, indicating that ETH could be set for a breakout. The analyst noted that this pattern has formed while Ethereum is currently on a downtrend from the $4,100 resistance level. In line with this, he revealed....