Two Paths Of A Bitcoin Bull Run, And If A Bear Phase Is Next
Bitcoin price has plummeted more than 50% from recent highs, falling to as low as $30,000 in a matter of a flash. The selloff was enough to shock the entire market, causing the most liquidations and coins to be deposited since Black Thursday. There’s now talk of the bull run being over, however, there’s potentially […]
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Crypto analyst NeverWishing has predicted that the XRP price will rally to as high as $1,115. He highlighted three paths for XRP to reach this target, in what the analyst described as the final bull run for the altcoin. Analyst Maps Out Final XRP Bull Run Rally To $1,115 In a TradingView post, the crypto analyst mapped out three paths for XRP to rally to the $1,115 target. They tagged the first path as the immediate delivery, the second as a normal delivery, and the third as one that will trigger only if the XRP price stays suppressed. For the third path, NeverWishing stated that a final....
Bitcoin closed August on a bearish note despite recording its new all-time high within the month. Following this notable downside performance since hitting new highs, speculations about a bear market phase are becoming rampant in the community. While sentiment is leaning toward a bear market phase, on-chain metrics suggest that BTC’s bull run is still […]
CryptoQuant’s Bitcoin Bull-Bear Cycle Indicator is flashing a green signal for the first time since March 2023. Here’s what it could mean for the asset. Bitcoin Now In “Early Bull” Phase On CryptoQuant’s Market Cycle Indicator As highlighted by an analyst in a CryptoQuant Quicktake post, the CryptoQuant Bitcoin Bull-Bear Market Cycle Indicator has signaled a shift for the cryptocurrency recently. This indicator tells us, as its name suggests, about the phase of the cycle that BTC is potentially inside right now. Related Reading: SUI Surges 40%: Analytics Firm....
Bitcoin has long been characterized by its cycles of bull and bear markets, each marked by the trajectory of its price movements. However, the crypto appears to be in a transitional phase, according to a CryptoQuant analyst under the pseudonym CryptoHell. CryptoHell has recently shared insights into Bitcoin’s current market cycle, providing investors with key indicators to watch during this period. Related Reading: Is Bitcoin Heading For A Bear Market? Analysts Weigh In On The Price Struggles Understanding The Bitcoin Bull-Bear Transition Phase In a recent post on the CryptoQuant....
The rug was just pulled across crypto, wiping out gains from the past week and then some. Bitcoin is now back at prices from March, and is at risk of falling deeper into a bear phase according to a fractal found in the recent price action. What’s notable, is that the same fractal suggests that […]