Legendary Technical Analyst Thinks Bitcoin Has Room to Move Higher
Bitcoin has roared higher over the past few weeks as buyers have begun to rush in. John Bollinger, the legendary technical analyst that made the Bollinger Bands technical indicator, is bullish. He recently wrote that he thinks the “path of least resistance is higher” for Bitcoin. Bitcoin Primed to Move Higher, Says Seasoned Technical Analyst Bitcoin has roared higher over the past few weeks as buyers have begun to rush in. The leading cryptocurrency is […]
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Technical analyst John Bolinger says that the price of Bitcoin is trying to move up. He pointed out that the first real target is the bottom side of the prior. This means the $48k to $50k range. This was in response to a tweet from BigCheds on Twitter which posted a candlestick chart showing Bitcoin’s […]
Analysts think that Ethereum is primed to press higher despite last night’s $40 drop. One analyst noted that Ethereum remains in an extremely advantageous position on a macro time frame. He shared a chart showing that ETH is currently sitting above macro supports, meaning it has room to stretch toward $800 and beyond as it continues to hold those technical levels. Ethereum Could Move Toward $500 Analysts think that Ethereum is primed to press higher […]
Bitcoin could rocket even higher in the near to medium term. One analyst believes that $16,000 is in sight after BTC managed to flip $10,000 into support. The analyst who made this assertion is the same one that predicted BTC would undergo a V-shaped reversal to $10,000 by May or June. Bitcoin Could Soon Rocket Towards $16,000, Analyst Predicts Bitcoin could rocket even higher in the near to medium term, analysts argue after the coin […]
Bitcoin has stagnated after topping out in August at $12,500. The leading cryptocurrency currently trades in the middle of the medium-term range at $11,400. While some think that this price action is clearly the coin nearing a top, an analyst thinks that the cryptocurrency is primed to erupt higher. This analyst cited a fractal of the Nasdaq in the 2008 bear market. This analyst is one that has shared accurate fractals in the past, predicting […]
Legendary analyst Peter Brandt has provided a bearish outlook for the Bitcoin price. He predicted it could crash to as low as $78,000 and explained why he holds such a bearish sentiment. Peter Brandt Predicts Bitcoin Price Crash To $78,000 In an X post, Peter Brandt predicted that the Bitcoin price could crash to $78,000. This prediction came as he revealed a head and shoulders top pattern. The legendary analyst remarked that a complete formation of this pattern could cause a price breakdown to this target. Brandt added that this pattern might fail with a “thrust hire,” or it might morph....