Bitcoin’s Path To New Highs Still On Track? Analyst Claims BTC’s Upsurge Hing...
The current bearish phase of the crypto market has continued, with Bitcoin, the largest digital asset struggling to reclaim key levels such as the pivotal $100,000 mark. While the community anticipates another rally for BTC, analysts point to areas that are crucial and may spur an upsurge for the asset to new highs. Key Level […]
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Crypto giant Bitcoin may have witnessed significant volatility, causing its price to drop as low as $91,000 after reaching a new all-time high. However, a crypto analyst believes that BTC’s bull run has not yet reached its peak, suggesting an impending move toward new highs and a market top. Market Top For Bitcoin Above The […]
Bitcoin is still holding above $20,000 despite a massive increase in selling pressure over the past few days. The cryptocurrency has experienced some of the worst capitulation events in its history and could be read for a fresh leg-down. Related Reading | Bitcoin Exchange Reserve Spikes Up, Selloff Not Over Yet? At the time of writing, BTC’s price trades at $20,700 with a 7% and 31% loss in the last 24 hours and 7-days respectively. Market participants seem to be expecting new highs, but a resume in bullish momentum could catch them off guard. A pseudonym trader believes that the key....
Crypto analyst George McDonaugh says that the U.S. presidential election is unlikely to change the bitcoin price’s upward trajectory. He draws on a number of fundamental and technical factors to illustrate his point. For example, McDonaugh argues that the recent surge in the price of bitcoin (BTC) is actually part of a sustained rally since the ‘Covid capitulation’ event back in March. “Since then we’ve seen nothing but bullish signals appear one after another,” McDonaugh said, in thoughts shared with news.Bitcoin.com “We’ve seen four....
Dogecoin‘s persistent bearish performance might be coming to an end shortly as the meme coin appears to have formed a bullish chart pattern, capable of igniting upward momentum. With price movements eyeing a bounce toward the upside, crypto analysts anticipate an upsurge for DOGE to new highs. A Major Breakout Brewing For Dogecoin Dogecoin’s recent […]
Bitcoin has broken out of a technical formation that may place it on track toward a decisive test zone between $96,200 and $102,100. If confirmed in the coming days, the movement would represent a major price development in Bitcoin’s ongoing market structure. A crypto analyst highlighted this zone as one where Bitcoin’s trajectory could either extend to new highs or face its next rejection. Related Reading: From Joke To Juggernaut: Dogecoin Value Revolution Gets Nod From Global Asset Giant Descending Broadening Wedge Breakout Clears Path To $100,000 Again Bitcoin’s price action in....