Bitcoin Futures See Largest Liquidity Surge In A Year – Bullish Continuation?
Bitcoin is trading above $93,000 for the first time since early March, signaling a significant shift in market sentiment after weeks of heightened volatility, global tensions, and macroeconomic uncertainty. The breakout comes as bulls reclaim control, pushing prices sharply higher following a prolonged consolidation period between $81K and $88K. Related Reading: Bitcoin Sees Fresh Wave […]
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Bitcoin price corrected downwards overnight and then pushed higher on the OKCoin futures settlement. Deep retracements still plague nervous speculators but trend remains up. Looking at most exchanges, today, we see a surge higher followed by a drop to near the level from where the surge began. The largest futures contract is the exception. After an initial delay in opening, the OKCoin 3month contract surged more than $20 to the upside, and reflects the expectation of traders until the end of the year. The OKCoin 3month contract now has an average premium of about $10 over the rest of the....
A crypto analyst has predicted that Solana (SOL) is set to rally by 1,000% this bullish cycle. According to his analysis, SOL is preparing for a mega surge to new all time highs of $1,800. Solana Sets Sight On $1,800 Price Increase In a recent X (formerly Twitter) post, Ali Martinez, a prominent cryptocurrency analyst, expressed bullish sentiment regarding Solana’s future price outlook. According to Martinez, Solana is poised for a significant price surge, potentially reaching an impressive $1,000, marking new all-time highs. Related Reading: Here’s Why The Bitcoin Price Crashed Below....
Ethereum has the potential to extend its ongoing upside move towards or above $1,500. The second-largest cryptocurrency broke above a consolidation price channel on Wednesday, breaking its upper trendline on surging volumes. So it appears, the channel is an Ascending Triangle that traders perceive as a bullish continuation indicator. An Ascending Triangle structure develops when […]
Bitcoin (BTC) is showing strong signs of an imminent price surge, according to top market analysts, who point to a confluence of bullish factors in the cryptocurrency’s favor. However, after hitting a 6-month low of $49,000 on August 5, BTC has hovered between $58,000 and $60,500 for the past week. However, the dip below all-time highs of $73,7000 reached in March of this year may be short-lived, as evidence mounts that the market’s largest digital asset is poised for a major breakout. 2-3X Bitcoin Rally Ahead? Technical analyst Jamie Coutts highlighted the “first....
Bitcoin price continued to rise yesterday scoring a high of $244. The pattern of the new bullish wave has been established as we explained during our yesterday's "intraday tips" article. By analyzing the 1 day Bitfinex (BTC/USD) charts and plotting the RSI and the 20 day EMA accordingly (look at the below chart), we can conclude the following: The current bullish trend can be viewed as a continuation of the bullish wave that started on the 15th of January, if we consider that the first bullish rally had been halted by a price correction wave that triggered sideways movements for a few....