Bitcoin Enters Consolidation Phase as Analysts Set Their Sights on This Major...

Bitcoin Enters Consolidation Phase as Analysts Set Their Sights on This Major...

Bitcoin has seen some mixed price action as of late, with bulls and bears largely reaching an impasse as the crypto consolidates Following its recent plunge to below $29,000, the crypto has been seeing some sideways trading that has made it incredibly unclear as to where it will trend next One analyst noted that Bitcoin is showing few signs of clear strength or weakness, which likely means that it is bound to see some sideways […]


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Bitcoin Enters “Chop Mode” as Analysts Eye Potential Consolidation Phase

Bitcoin has yet to break above any key resistance levels over the past couple of weeks, with the resistance at $16,000 holding strong The selling pressure here has proven to be significant and has stopped the cryptocurrency’s immense uptrend right in its tracks Where the entire market trends next will likely depend on how Bitcoin trades as it nears this crucial level One prominent trader is stating that he expects Bitcoin to see further chop […]

Analysts expect parabolic Bitcoin price move after the ‘last’ resistance at $...

Analysts say BTC price is set for a near parabolic price move once the “last” resistance at $67,000 is cleared. The bulls are on the march again and this time they've set their sights on a new all-time high for Bitcoin (BTC) price which is within striking distance of the $67,000 level.Data from Cointelegraph Markets Pro and TradingView shows that a late-night surge on Nov. 7 catapulted the price to an intraday high at $66,557 and at the time of writing trading volume continues to increase as bulls attempt to secure a daily close above $66,000.BTC/USDT 4-hour chart. Source:....

XRP Enters Key Accumulation Zone as Analysts Eye Move to $0.28

XRP’s price action has been rather lackluster as of late, with both buyers and sellers being unable to garner clear control over its near-term trend as it hovers within the mid-$0.20 region. This consolidation has largely come about as a result of that seen by Bitcoin, as the benchmark cryptocurrency has also been struggling to […]

The Clock is Ticking for Bitcoin to Make a Massive Move; What Analysts are Sa...

Bitcoin’s price has been caught within an incredibly tight consolidation phase over the past few weeks Multiple trend catalysts – both bearish and bullish – have arisen during this time, yet none of them have been able to provide BTC with any notable momentum Analysts are now noting that this won’t last for too much longer, with many expecting a large movement in the coming days and weeks One trader also believes that the next […]

Dash Price Technical Analysis - Choppy Price Action

Dash Price Key Highlights. Dash price continued to trade in a tiny range with a monster support around 0.0116BTC. Sellers are struggling to clear 0.0116BTC, which poses a threat of a bounce. As mentioned yesterday, buyers need to break the 100 simple moving average to take the price higher. There was an upside reaction in Dash price yesterday, but buyers failed to maintain gains as the price moved back lower. Consolidation Phase. Looking at the current price action, it looks like the price is under a major consolidation phase, as both buyers and sellers struggling to take the price in one....