Bitcoin Price Pattern Hints At $100,000 Target – Here’s Why

A look at yesterday's failed technical charting pattern entry and a description of how we are going to approach today's action in the bitcoin price markets. So yesterday we ran into a bit of bad luck. In Monday’s intraday analysis, we spent the majority of our time discussing the head and shoulders pattern that was forming (if you’re not familiar with the pattern, take a quick look at yesterday’s article here) and the implications of a pattern validation on the bitcoin price going forward. Specifically, we suggested that a breaking of the pattern’s neckline, which we slated as 395.9 flat,....

The Stellar price has crashed by double digits over the past week, mirroring the dwindling climate of the altcoin market. However, if the latest price action is anything to go by, XLM could be gearing up for a significant bullish rally in the coming days.  Here’s How XLM Is Gearing For A 20% Move In a new post on the X platform, prominent crypto analyst Ali Martinez put forward an interesting prognosis for the Stellar price over the next few days. According to Martinez, the price of XLM could experience some relief soon, as a 20% upward move appears to be on the horizon. Related Reading:....

Here's what we're looking at in the bitcoin price today. In yesterday’s bitcoin price analysis, we focused on a head and shoulders pattern (inverse) that was forming on the intraday charts. The pattern suggested that – on completion via the breaking of the neckline – the pattern would give us a target of about $10 north of entry. We did get the break, and entered long as per our strategy. Post-entry, the bitcoin price gained strength, and we ran up towards our target. Unfortunately, before our target struck, price reversed and we ran back down through the entry level to take out our stop....

The Dogecoin price has recently exhibited a classic bull flag pattern on its price chart, a technical indicator often signaling continued upward momentum. The Dogecoin price has mostly traded below $0.4 in the past seven days on the back of a continued price consolidation. At the time of writing, Dogecoin is trading at $0.39, sitting firmly within the consolidation phase of this bull flag pattern. KrissPax Identifies Key Target For Dogecoin Price This development of a bull flag pattern was highlighted on the social media platform X by crypto analyst KrissPax, which relays to the current....

Popular market analyst Egrag Crypto has dropped a Bitcoin price prediction due to the recent formation of a highly bullish chart pattern. The maiden cryptocurrency currently trades above $84,000 following its minor recovery in the latter part of last week. However, the continuity of the current bull run remains uncertain barring a sustained uptrend. Related Reading: Bitcoin’s MVRV Ratio Nears Key Level—Will This Trigger a Major Reversal? Bitcoin’s Bullish Chart Pattern Hints At Major Price Surge In an X post on March 14, Egrag Crypto states the BTC market may be preparing for a major price....