Bitcoin records rare 10-day winning streak as BTC price taps $42K ceiling
Daily chart data shows the strength of the current rally as a longstanding resistance level finally shows signs of falling. Bitcoin (BTC) shot to new highs of $42,400 on July 31 in a surprise attack on range resistance which sellers failed to squash.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin seals 10 green candles in first since 2012Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining for a tenth straight day across exchanges, reaching $42,420 on Bitstamp.A subsequent cooling-off preserved most of the gains, with Bitcoin circling $41,900 at the....
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SOL was slightly higher on Tuesday, as prices rebounded following recent declines. The token bounced on its long-term support point earlier today, as bulls entered the market. MATIC also moved higher, colliding with its own price ceiling.
Solana (SOL)
SOL was trading marginally higher in today’s session, as prices rebounded following a four-day losing streak.
This streak was snapped as bulls entered the market close to a support point of $32.65, pushing prices away from recent lows.
Tuesday’s rally saw SOL/USD hit an intraday peak of $35.64,....
Bitcoin has been on a winning streak for the better part of October and the multiple surges since then have pushed the price above $35,000 before correcting back downward. Even now, Bitcoin continues to show strength but not everyone is convinced that this winning streak will continue. One of these is a crypto analyst who has maintained that the price of Bitcoin will be headed back downward with an immense drop in price to crown the rally. Seeing Bitcoin At $8,000 The crypto analyst who goes by holeyprofit first posted their analysis of Bitcoin on TradingView on October 22, right at the....
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Following a week-long winning streak, ANC finally fell on Sunday, as crypto bears finally entered the fray. Despite this, WAVES managed to maintain recent highs, and has now climbed close to 60% in the last week. Anchor protocol (ANC) Following a streak of fresh record highs from Wednesday to Saturday, Sunday saw anchor protocol (ANC) fall by over 20% as bears finally re-entered the market. Anchor protocol which was trading higher for five consecutive sessions, saw this momentum halted in a big way. ANC/USD fell to an intraday low of $4.55 during today’s session, following an....