Bitcoin Analyst Foresees Bearish Correction as Price Struggles Near $18.5K
Bitcoin rallied relentlessly for six weeks in a row, rising by almost 78 percent as traders assessed the growing institutional investments into the cryptocurrency space.
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Crypto analyst Austin Hilton has warned that a battle is happening around XRP as the token struggles to recover. The analyst says this fight isn’t only about XRP’s price. At the center of it are Ripple, the company behind the XRP token, and SWIFT, the old network banks use for international transfers. In the video […]
The Solana price rebounded quite nicely from the October 10 crash, quickly reclaiming $200 after hitting as low as $150 on some crypto exchanges. Despite this, though, the altcoin is still not out of the woods, with bearish indicators that seem to be piling up around it. Unless something changes soon, the Solana price could be gearing up for another major hit that could send it down even lower than the legendary flash crash. Friday’s Crash Was Only Confirmation Of Bearish Pattern For Solana Price While the broader market thinks that the October 10 crash has come and gone, leaving the....
According to market analyst Vince Prince, it is likely for Bitcoin to print a new record high before undergoing a bearish correction.
The cryptocurrency market continues to bleed, with the total market cap now hovering around $2.89 trillion. Zcash (ZEC), one of the privacy tokens daring to defy the fearful market sentiment, has experienced a steady, choppy price action as market forces struggle to establish control. Interestingly, a prominent market analyst with the X username PlanD has discovered significant bearish potential on the horizon. Related Reading: Why is Zcash Surging? Analysts Break Down the ZEC Rally and What Comes Next Zcash To Fall To $281 – Is The Party Over? Despite its performance amid the....
The Bitcoin price crash below $66,000 has taken the market by surprise, leading to over $90 million in liquidations in a 24-hour period. But even after dropping so much already, analysts do not believe that the worst is over. In particular, crypto analyst Ali Martinez has said that Bitcoin may still have a ways to go before the crash is over, prediction another 20% decline from here. Bitcoin Falls Below Major Pricing Band Crypto analyst Ali Martinez posted a new analysis on X (formerly Twitter) on the Bitcoin price that paints a rather bearish picture for the pioneer cryptocurrency.....