Bitcoin’s Support Sits at $19,500 but It Remains Highly Bullish: Analyst
Bitcoin has faced some intense selling pressure following its recent rally past $24,000, but bulls were able to thwart it from seeing any intense selloff as its price navigates back up to this key level. BTC’s continued reaction to this level should provide buyers with some serious insights into where it may trend next. A […]
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Bitcoin’s price is largely stagnant in the time following its strong move up to $11,400 This consolidation is bullish because it shows that bulls have enough strength to remain in control of BTC’s near-term trend The key resistance to watch in the near-term sits at $11,600. A break above this level would be technically significant and likely lead to further upside One analyst is now noting that he is awaiting today’s weekly candle close before […]
The Bitcoin price has been trading sideways for a while now but this will not always be the case. While there is a chance that the price could end up swinging downward and crashing, a crypto analyst has predicted that a surge in the cryptocurrency’s price is on the horizon. Bitcoin Price Breakout Is Coming A crypto analyst who has grown to prominence on the TradingView site has put forward a bullish prediction for the Bitcoin price. The analyst who goes by the pseudonym Tolberti mapped out a yellow trend line which he believes points toward the next bull rally for the coin. Related....
Bitcoin has undergone a strong rally over the past few weeks. The market has dropped in the near term due to a strong decline in the Dow Jones and S&P 500 index. One crypto-asset analyst who called the V-shaped reversal that we saw in March remains bullish. He says that Bitcoin could undergo “50% pumps” heading into the end of Q4 and the start of 2021. Bitcoin Will See a Big Q4, Analysts Say Bitcoin […]
One coin that analysts seem to still be bullish on is Cardano’s native token ADA. However, despite all of the faith that remains in the digital asset, the price continues to tank and has fallen below multiple important support levels. Analyst Goes Deep On Cardano In an interview hosted by Altcoin Daily, crypto analyst Hashoshi shares very bullish views on the Cardano network. He starts out by explaining that the design decisions being made by the Cardano network have been some of the better ones in the space. Going further, Hashoshi lauds the development rate of protocols on the blockchain....
Multiple technical indicators suggest that BTC is preparing for a breakout, despite concerns about rising inflation and conflict in Ukraine. The cryptocurrency market remains in a state of flux as investors are once again focused on what steps the U.S. Federal Reserve might take to combat rising inflation and markets wobble as the situation in Ukraine remains tense.Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin (BTC) has hovered around the $44,000 support level and traders are hopeful that an inverse head and shoulders chart pattern will lead to a....