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“# MicroStrategy stock flips bullish with MSTR a Bitcoin ‘proxy’ for institutional investors ” MicroStrategy’s stock (MSTR) is preparing to undergo a massive bull run in the sessions ahead. So shows a technical setup, dubbed inverse head and shoulder, that has a history of predicting upside moves with an accuracy of 83.44%, as per Samurai…
“# Is Ethereum’s rally signaling the next bull market phase for Bitcoin above $50K? ” Bitcoin (BTC) has been seeing some consolidation below $50,000 as a psychological barrier. However, during this pullback, several big altcoins have been surging in price, suggesting that the alt season isn’t over yet. Meanwhile, Bitcoin’s price faces a crucial resistance…
“# Ethereum price poised for 40% rally vs. Bitcoin after breaking out of four-month range ” Ethereum’s native token, Ether (ETH), has the prospect of logging a 40% price rally against its top rival, Bitcoin (BTC), per a classic technical pattern. Dubbed a “symmetrical triangle,” the structure develops after the price forms a series of…
“# Bitcoin whales join ‘small fish’ in buying BTC as price holds above $47K ” Rich crypto investors are turning their attention back to Bitcoin (BTC) as its price continues to eye a breakout move above $50,000. Crypto-focused newsletter Ecoinometrics reported positive changes in Bitcoin holdings for addresses controlling 1,000-10,000 BTC. So, based on their…
“# Bitcoin weekly outlook: Why a $50K-retest is likely ahead of Friday’s US jobs data ” The heavy selling in the U.S. dollar market at the end of last week assisted Bitcoin (BTC) to climb above $49,000. However, BTC struggled to extend its climb above $50,000, a psychological resistance level, as investors remained cautious about…
“# Bitcoin’s key momentum metric just flashed bearish with BTC price pinned under $50K ” The run-up in the Bitcoin (BTC) price toward $50,000 last week risks exhaustion due to a mismatch between the cryptocurrency’s price and momentum trends. So it appears the Bitcoin’s price and relative strength index (RSI) have been moving in the…
“# Solana hits record high with SOL price up over 218% in six weeks — What’s behind the rally? ” Solana (SOL) prices printed another milestone of nearly $85 high on Aug. 27 as traders assessed a flurry of optimistic fundamentals, including Solana’s potential foray into Wall Street. On Aug. 24, digital asset management firm…
“# Cardano chart painting a bull flag for $3 ADA price ahead of ERC-20 converter launch ” Cardano (ADA) appears to be heading toward a new record high as its downside move takes the shape of a bull flag. In detail, the ADA/USD exchange rate plunged 16.91% to $2.47, but the pair’s decline came after…
“# Bitcoin futures open interest at 3-month highs — But will it be enough to overcome $50K? ” Bitcoin (BTC) futures open interest has recovered to May levels, raising optimism about a potent bullish breakout move above $50,000. The total number of outstanding futures contracts on the Deribit exchange reached $1.37 billion on Monday, its…
“# Bollinger Bands creator warns Bitcoin bulls as BTC price struggles below $50K ” Bitcoin (BTC) prices have recovered by more than 60% to $47,486 after bottoming out below $30,000 on July 20, triggering anticipations of an extended bull market toward $100,000. But to John Bollinger, a celebrated contributor to the field of financial analysis, investors…