Bitcoin’s Price Action Signals A 14% Increase, A New All-Time High Looming?
Bitcoin’s price has climbed to the $99,000 level once again, sparking renewed hope about its potential to revisit higher resistance levels shortly. Given the recent upside strength and growing sentiment in the market, BTC might be heading toward the current all-time high and beyond. Upside Breakout For Bitcoin To New Highs Incoming Crypto expert and […]
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It’s game face on for the bulls as Cardano (ADA) swerved up to $0.54 as seen overnight. ADA price spotted below key resistance level of $0.55. Meanwhile, traders are optimistic that a looming breakout may happen up to $0.6 by next week. Cardano (ADA) price is on a bull run as the price shoots way up forming a bullish hammer pattern seen on the daily chart. The uptrend precipitated on July 27, 2022 with the price spotted at $0.45 has pushed ADA price to incredible heights with its 30-day high of $0.55. ADA Seen Spiking To $0.6 In The Coming Days As of press time, ADA price is seen under the....
Here's a look at what we are focusing on in the bitcoin price this morning. So it is Wednesday morning, and time to take the first of our two looks at the bitcoin price. Action this week has been relatively dull. We have seen some up and down action, and a few decent scalp entries have enabled us to draw a quick profit on the market. However, other than that, there hasn’t really been any sustained momentum moves, and the profits we have pulled out of the market have been pretty small. Of course, this doesn’t mean that we are going to see this sort of action all week. There are three days....
October has traditionally been a pivotal moment for Bitcoin’s price action. Historical data shows an enticing average price increase of 17% for the month (excluding the early, volatile years of Bitcoin). In pre-halving years, this average price fluctuation is slightly higher, around 21%. If the same price change occurs in 2023, Bitcoin could reach somewhere between $32,000 and $33,000 in October. But will this month follow the historical trend, or is a bearish turn still possible? Related Reading: Bitcoin Price To Reach $170,000 in 2025 – Mathematical Model Predicts October Over Time....
Bitcoin price has been rearing to go all weekend. Conflicting technical signals had both advance and decline as likely outcomes of the price consolidation on Saturday. By Sunday morning (UTC) the buy signals were unmistakable. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 15h51 UTC. BTC-China 15-Minute Chart. Why The Preference For BTC-China Charts In Analysis? From the analysis pages of xbt.social, earlier today: We have buy signals....
Bitcoin price could be due for more losses once it breaks below the double top neckline around $560. Bitcoin Price Key Highlights. Bitcoin price recently broke below a short-term uptrend formation, signaling that a selloff was in order. On the 4-hour time frame, bitcoin is showing more reversal signals after it failed in its last two attempts to break past the $590 area. A small double top pattern can be observed on this chart, with price still gearing up to test the neckline support. Technical Indicators Signals. The 100 SMA is below the longer-term 200 SMA on this time frame, confirming....