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Altcoin season carries on as Bitcoin price consolidates throughout the week. Key points: Bitcoin remains above $100,000, but buyers are struggling to sustain prices above $105,000. Strong altcoin performances suggest an altseason has started. Read more If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click…
Bitcoin is likely consolidating before its next upward push, traders agree, while the macro picture looks tricky for risk assets as the Fed stays hawkish. Key points: Bitcoin continues to range around $103,000 as bulls struggle to keep upside momentum going. Traders favor short-term BTC price gains eventually returning, while overall faith in the bull…
Ethereum’s crypto market dominance has reached its most overheated levels since May 2021, which may lead to a sharp pullback in ETH prices. Key takeaways: Ethereum’s market dominance has hit overbought RSI levels not seen since May 2021, historically followed by major pullbacks. ETH/USD is showing a bearish divergence on the four-hour chart, hinting at…
Bitcoin miners may be reversing a lengthy selling trend that has become more intense since late 2023, recent data shows. Key points: Bitcoin miners have stopped selling their BTC in what may signal the end of a lengthy distribution streak. Over the past month, miner wallet balances have increased by around 2,700 BTC. Read more…
Bitcoin price consolidates above $100,000 amid a “risk-on” market fueled by the US-China trade deal, falling inflation and optimistic investor sentiment indicators. Key Takeaways: Bitcoin price holds above $100,000, driven by “risk-on” sentiment after the CBOE Volatility Index (VIX) dropped to 20. The Bitcoin Bull Score Index surged to 80, and the Fear & Greed…
Bitcoin looks ready to attack its all-time high, but signs of overheating bullish sentiment and shifting market dynamics suggest a correction may be near. Key takeaways: Bitcoin price maintains its bullish momentum, but a sentiment indicator suggests the market could be overheating. Data highlights Bitcoin traders taking profits and a lopsided market angled toward longs….
A bullish pattern emerged on Dogecoin’s weekly chart, leading traders to anticipate a 180% gain from DOGE. Key Takeaways: Dogecoin’s 38% surge reflects strong market demand, with spot-buyer volumes taking charge since March. A bullish MACD crossover has traders predicting a 180% rally, with targets at $0.65 and $1. Read more If you liked the…
Bitcoin is witnessing profit booking near its all-time high, but it is likely to find solid support at $100,000. Will altcoins follow? Key points: Bitcoin price saw profit booking near $105,819, signaling that bears remain active at higher levels. Select altcoins have continued to move higher, indicating increased investor interest. Read more If you liked…
Bitcoin pauses as major assets catch up to the US-China trade deal announcement, with $102,000 on the cards as a BTC price support retest target. Key points: Bitcoin seeks consolidation after rapid gains as stocks and the US dollar surge on US-China trade deal news. Nearby order book liquidity forms potential targets for traders, which…
Bitcoin is on the cusp of repeating its October 2024 breakout, onchain technicals suggest, as a new week begins with a push to near $106,000. Bitcoin (BTC) launches into US CPI week with new multimonth highs as traders dig in for volatility. BTC price action is giving increasingly bullish signals, joined by a key cross…