Bitcoin Foundation Has Changed: Cycle 4 Is Redefining Long-Term Market Trend ...

Ethereum’s price is moving up in a flat-like dynamic. It is now close to a medium-term resistance line, where the upward trend could be switched to a downward one. Will the long-term growth continue? As long as the structure of the current trend is not disrupted, the current growth will continue right until the medium-term level of $13.7. The future movement’s cycle will probably be decided at that point. If the downward correction continues below $10, there will be a rebound from the medium-term level of $13, where the diagonal channel and the Fibonacci level 23 intersect. Otherwise, if....

The last month of winter started with an upward trend. That trend is over and it’s time for the market to decide on a new direction. Over February, Bitcoin’s price has grown by more than 16% and stopped at around $447 per bitcoin. The start of Spring marks the beginning of a new cycle on the BTC/USD graph. Bitcoin’s price has stopped at a point where one cycle is changed by another, more significant one. Change of Bitcoin price trend direction. As a rule of thumb, such points precede a change of direction and a return to previous levels. There is a good possibility of a decline towards the....

Bitcoin on-chain data reveals that speculators and long-term holders have become increasingly confident of higher prices as their selling activity has slowed down significantly. For the very first time in a Bitcoin (BTC) bull market, not only long-term investors but also short-term speculators who usually add to the daily sell pressure toward the end of a market cycle have become increasingly confident of higher prices as they hold on to their Bitcoin.This only adds to the already existing supply shock. If demand remains strong, this is a recipe for another leg up for the BTC price.Bitcoin....

A sharp downturn has gripped the crypto market, with an almost 10% drop in the overall market cap within the last 24 hours. Leading cryptocurrencies (Bitcoin, Ethereum, and Solana) have suffered over 10% price losses. Yet amid this volatility, investors and analysts believe the ongoing bull cycle isn’t yet over. AI-powered projects go against the broader market trend, including presale crypto MIND of Pepe ($MIND). Bull Cycle or Bear Market? Anyone aware of the crypto market and active on social media will have seen the recent panic when prices dropped. Some users were reporting all-time....

The upward Bitcoin trend failed to grow into a larger-scale movement. There was no support at the long-term level, and a natural fall followed. Will the upward trend continue? After reaching the key long-term level, the market had to decide: either to form a long-term upward trend or a downward correction. The price would undergo a significant increase in case of a long-term upward trend, but there was no support for that scenario. A downward turn has formed in the short-term scale, which broke the upward trend. After the price has formed a downward correction, two key levels have....