Bitcoin’s recent price dip below $100,000 has some investors looking elsewhere for profits. While Bitcoin has held relatively steady above $90,000, the correction has sparked interest in the altcoin market. Altcoins in the Spotlight Many believe an altcoin rally is imminent. Investment firm VanEck even declared that altcoin season started on November 27th. They argue…
A crypto analyst spotted a strong buy signal for Bitcoin. Let’s break it down. Bitcoin’s 4-Hour Chart Shows a Buy Signal A technical indicator called the TD Sequential flashed a “buy” signal on Bitcoin’s 4-hour chart. This means the downward trend might be ending, and a price bounce could be on the way. Specifically, a…
Bitcoin recently hit a new all-time high, but then dropped over 11%. What’s the worst that could happen? Let’s explore. Historical Patterns: Weeks 6, 7, and 8 A crypto analyst, Rekt Capital, looked at Bitcoin’s history. He noticed something interesting: weeks 6, 7, and 8 after a new high are often tricky. Looking back at…
Bitcoin’s price has taken a bit of a dip after hitting a new high of $108,135 on December 17th. It’s down about 10%, even briefly dropping below $93,000. But could this be a buying opportunity? Bollinger Band Bounce: A Technical Look Crypto analyst Tony Severino thinks so. He’s noticed Bitcoin retesting the upper Bollinger Band…
Bitcoin’s price is currently around $98,600 (as of December 21, 2024), up slightly from the previous day. The last week has been pretty wild, with lots of ups and downs and some serious price drops. A Bold Prediction Crypto analyst CRYPTO₿IRB (Adrian Zduńczyk) thinks Bitcoin’s current bull run is almost over – about 80% complete,…
Bitcoin’s price has been on a wild ride lately. It hit a new all-time high, only to plummet by about 13% a few days later, dipping as low as $92,000 on December 20th. This sudden drop followed a US Federal Reserve rate cut that sent other markets tumbling too. However, Bitcoin is showing signs of…
Bitcoin took a bit of a dive recently, dropping to around $92,000 after the Federal Reserve’s rate cut. But it’s bounced back a bit, trading above $97,000. While many hope to see it hit its previous high of $108,135, one analyst is predicting something even bigger. A Bold Prediction Based on History Tony “The Bull”…
Bitcoin recently took a bit of a tumble, dropping below $100,000. But is this just a temporary dip, or something more significant? Some analysts think it’s mirroring Bitcoin’s performance from December 2023, hinting at a potential major price surge. Echoes of December 2023 The recent market correction, triggered by a Fed announcement, saw Bitcoin fall…
Bitcoin’s price has dipped below the $100,000 mark and is currently hanging out between $96,000 and $98,000. Let’s explore why. Strong Support Levels Crypto analyst Ali Martinez points to a key support level between $95,830 and $98,830. A significant number of investors bought Bitcoin around this price, and they’re holding on, preventing a bigger price…
Bitcoin recently dipped after hitting a new high, sparking debate about whether the current bull market is peaking. Let’s look at some key on-chain data to see what’s happening. Key On-Chain Indicators: Here’s a breakdown of various on-chain metrics and what they suggest about Bitcoin’s current market position: 1. MVRV Ratio & Pricing Bands: This…
