Bitcoin hits a new high of $51.3K as analyst declares 'historic' parabolic ad...
It's all systems go for Bitcoin as bulls look to cement $50,000 as support and create the "new normal" for BTC/USD. Bitcoin (BTC) hit new lifetime highs of more than $51,200 on Feb. 17 as it tackled what trader Peter Brandt confirms is a “parabolic advance.”BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin enters uncharted $50,000 zoneData from Cointelegraph Markets and TradingView showed BTC/USD passing the $50,000 resistance level again on Wednesday, this time continuing into uncharted territory.Tuesday had seen Bitcoin hit $50,000 for the first time ever, that level....
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Bitcoin price has been in a strong uptrend since Black Thursday that turned fully parabolic in Q4, resulting in a new all-time high. But according to an analyst, the first-ever cryptocurrency is close to a breakdown of a parabolic curve that’s been supporting the upwards momentum for months. Is this the end of the uptrend? […]
Crypto analyst Javon Marks has predicted that the Dogecoin price will soon witness a parabolic run. This prediction follows his analysis of the meme coin’s historical performance, which he claimed could lead to a price rally of over 400%. Dogecoin Price To Reach All-Time High Soon Enough Marks predicted in an X post that the […]
There are now more active addresses than ever holding Bitcoin. After continuing to grow at a parabolic rate, the total number of non-zero Bitcoin addresses hit an all-time high of 36,896,000 earlier this Friday. The figure has then dropped back to approximately 36,770,000 on Sunday afternoon, according to data from on-chain analytics site Glassnode. This is clearly great news for the crypto market, as Bitcoin hits new monumental highs thanks to cryptocurrencies and blockchain technology […]
Digital currency markets continue to see strong gains, as the overall market valuation of the crypto economy has jumped $32 billion over the $1 trillion market cap after hitting the record number for the first time. Moreover, the price of bitcoin touched yet another all-time high on Thursday morning (EST) reaching $38,610 per coin. Bitcoin, the leading digital asset in terms of market valuation, is hovering above the $38k handle after smashing through its ATH the day prior. Bitcoin (BTC) jumped to another ATH on Thursday touching approximately $38,610 per unit during the morning trading....
Crypto analyst Ali Martinez has identified similarities between Solana’s current price action and the 2021 bull run. Based on his analysis, Solana (SOL) could rise above $1,000 if it mirrors its move from 2021. Solana Could Rise To As High As $1,400 Related Reading: Solana Set For 900% Rally With Breakout From This Pattern — Analyst Martinez predicted that Solana could rise to as high as $1,400, revealing that Solana is looking “a lot like July 2021.” July 2021 was when SOL began its parabolic run in the last market cycle, going from about $30 to its current all-time high (ATH) of $260 in....