Bitcoin price enters consolidation, but is a rally past $50K now inevitable?
Bitcoin’s price is taking a breather after a Tesla-fueled rally, but where will the next move take it, and could a new ATH be established soon? The price of Bitcoin (BTC) achieved a new all-time high on Feb. 11 as it surpassed $48,500 across major exchanges. Since then, the dominant cryptocurrency has been consolidating, showing no real momentum to break out of the record-high in the near future. But analysts are not fazed by the consolidation after breaking past a new peak.Generally, market commentators say that when an asset moves slowly or consolidates after an explosive move upward, it....
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The Bitcoin price is still in a correction phase under $100,000, as it is currently down by 1.93% in the past 24 hours. Nonetheless, crypto analyst Titan of Crypto is sure that the leading cryptocurrency is still maintaining its trajectory to the $110,000 mark. According to the analyst, Bitcoin at $110,000 is inevitable, although there remains the possibility of more price declines in the short term. Bitcoin Price $110,000 Path And Current Correction Phase Bitcoin fell short of the $110,000 mark when it peaked at $108,135 on December 17. However, the cryptocurrency has been on a notable....
Crypto analyst Andy has predicted that the Shiba Inu price could soon rally to new all-time highs (ATHs). He remarked that the meme coin appears poised to break out from a 1000-day consolidation pattern, which could spark this parabolic rally. Shiba Inu Set For Potential Breakout After 1000-Day Consolidation In a TradingView post, Andy stated […]
Bitcoin prices gained by only 0.95% in the past week amidst an intense market consolidation. The premier cryptocurrency is struggling to break out of the $85,000-$86,000 price range following an impressive price rally in the second week of April. However, popular crypto analyst Ali Martinez has identified the major price resistance for the current Bitcoin uptrend. Related Reading: Bitcoin Enters New Phase: Analyst Predicts Positive Movement In 2025 Bitcoin STH Realized Price At $91,000 Presents Major Make-Or-Break Moment In a recent post on X, Martinez states that Bitcoin faces a key....
Ethereum has shot higher over the past 24 hours as Bitcoin has tried to consolidate after a 10% New Year’s Day rally. ETH is now up around 30% in the past 24 hours, pushing to $985 per coin after many days of consolidation. Ethereum traded as high as $1,005 minutes ago. ETH has pulled back […]
The Dogecoin price is currently in what analysts have described as a “Boring phase.” While this term may suggest stagnation, historical trends indicate that it is not necessarily bad news, but a potential precursor to an explosive price rally. If history repeats itself, DOGE could see its price skyrocketing past the $1 threshold. New Boring […]