Bitcoin Traders Beware: Analyst Warns Of Potential Traps Amid Price Fluctuations
In a recent episode of Crypto Banter’s “The Sniper Trading Show,” the analyst dissected Bitcoin, discussing various hurdles and approaches to handle trading through these challenges. With Bitcoin currently teetering around the $57,403 mark, up by 2.4% in the past 24 hours yet still down 21.9% from its March peak, the market sentiment is cautiously tinged. This cautious stance is echoed by the Crypto Fear and Greed Index, which the analyst shows stands at a wary 28, indicating that buyers are getting “cold feet”—a sentiment that historically signals buying....
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Bitcoin price is now over $13,550 and only a few hundred dollars away from setting a higher high and confirming a bull market. But also right around the corner, according to one top crypto analyst, is a “hell candle” in Bitcoin that will crush the cryptocurrency’s recent rally and potentially cause a reversal. Beware Of […]
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Bitcoin bulls should brace for an impact from traders holding larger quantities of the cryptocurrency tokens, warns Robbie Liu.
The Bitcoin price and the crypto market remain under pressure as the sector enters a low volatility period. While a lot of traders were expecting a big move yesterday, following the US Federal Reserve (Fed) decision on rate cuts, the cryptocurrency held its current levels. Related Reading: Analyst Warns: Strategy On Track For Historic Collapse, Bigger Than FTX Despite the relative resilience in the top crypto and other cryptocurrencies, the Bitcoin price is showing signs of potential downside. At the time of writing, BTC trades at around $105,000 with a 2.3% decline over the past seven....
Recent XRP price action has sparked a new prediction from a crypto analyst, as a potential Head and Shoulders pattern emerges on the chart. The analyst warns that this technical formation could trigger a significant price correction for XRP, describing this downturn as the worst-case scenario. Analyst Predicts XRP Price Crash To $1.15 The ‘Charting Guy,’ a pseudonymous crypto analyst on X (formerly Twitter), has unveiled a potential Head and Shoulder pattern formation on the XRP price chart. The analyst has shared insights into the implications of this technical pattern, projecting a....