What Is the Future for Altcoins After BTC’s $60k Bulls?
The Bitcoin price ascended to a record high, vaulting over a commemorative milestone at $60,000. Yet, crypto analysts still struggle to wrap their heads around the occurrence as they try to predict the future. While you might be one of those who missed the Bitcoin train and are now searching for alternatives to maximize gains […]
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Bitcoin’s recent underperformance against altcoins came to a swift end today, with bulls allowing the crypto to rocket higher while bears struggle to slow its ascent The cryptocurrency is now in the process of erasing much of its recent losses, with bulls targeting further upside This rally has taken the wind out of many altcoins’ […]
Bitcoin is back below $20,000 and seems on track to re-test the bottom of its current range. The cryptocurrency was showing signs of recovery, but it was rejected near the critical resistance zone at around $22,000. Related Reading | Tezos (XTZ) Nears 3-Week High – Can Bulls Barrel Towards $1.80? At the time of writing, BTC’s price trades at $19,800 with a 3% and 2% loss in the last 24 hours and 7 days respectively. In a recent market update, trading desk QCP Capital addressed the factor that might contribute to BTC’s price moving sideways for the foreseeable future. These included....
Ethereum is on the brink of reclaiming its all-time high, after setting a fresh multi-year peak at $4,792. Bulls remain firmly in control, driving momentum as Bitcoin pauses in a consolidation range. This stall in BTC’s advance has created room for altcoins to shine, igniting a broad bullish phase across the market. Related Reading: Ethereum […]
Bitcoin has seen some immense volatility as of late, with bulls reversing its recent losses entirely overnight as they regain control of the crypto This price action confirms that the latest selloff was one that is quite common during bull markets when the crypto retraces 30-40% before continuing its ascent BTC’s strength is creating tailwinds for the entire market, as ETH and most other major altcoins have also surged higher One trader is now noting […]
Bitcoin has closed about important resistance but continues to move sideways in the last 24 hours as the altcoins sector shows more strength. The first cryptocurrency by market cap might be forming a range between its yearly low at around $18,000 with a top near its previous highs. Related Reading: WATCH: Will Powell’s Friday Speech Send Bitcoin Soaring? Daily TA August 25, 2022 At the time of writing, Bitcoin (BTC) trades at $21,600 with sideways movement in the day and a 7% loss over the past week. Trader Josh Rager shared a potential thesis for the price of Bitcoin and its future....