Why Bitcoin will likely retrace to $54K before the big breakout
Bitcoin futures CME gaps have been filled by price every time over the past quarter, and over the weekend, another gap was formed between near $54,000. Go to Source
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Bitcoin analysts converge on a breakout in September — But is $86K possible?
Bitcoin could see a breakout to new all-time highs as soon as next month, but BTC must first tackle significant resistance around $59,500. Go to Source
Bitcoin traders risk-off as BTC price falls to $62K — Is a generational bottom approaching?
Bitcoin traders anticipate a potential price drop below $60,000. Will dip buyers show up? Go to Source
Ethereum Technical Analysis: ETH Eyes Bullish Rebound Amidst Consolidation
Ethereum’s price on July 22, 2024, stands at $3,497, showing a dynamic interplay of market forces. The cryptocurrency’s recent movements exhibit consolidation with a potential bullish resurgence. Ethereum The 1-hour ETH/USD chart reveals critical support at $3,411 and resistance at $3,565. Ethereum’s price has been oscillating within these boundaries, with noticeable volume spikes at pivotal … Read more
Bitcoin Technical Analysis: BTC Balances Short-Term Corrections and Long-Term Bullish Momentum
On Monday, bitcoin’s price stands at $67,463 per unit, within an intraday 24-hour range of $65,833 to $68,486. The leading crypto asset boasts an overall market capitalization of $1.33 trillion and a 24-hour trade volume of $31 billion. Bitcoin Bitcoin’s 1-hour chart indicates a recent peak at $68,486, followed by a downward correction. The current … Read more
3 reasons why Bitcoin analysts think a BTC price ‘cycle top’ is in
Capriole Investments founder Charles Edwards says that multiple onchain metrics point to a “sign of weakness” in Bitcoin price. Go to Source
3 things that can spoil a potentially bullish July for Bitcoin
BTC price is likely to face headwinds in July from Mt. Gox repayments that could result in a “bull pennant” breakdown on the charts. Go to Source
Bitcoin price drop below traders’ cost basis warns of deeper sell-off
Bitcoin price fell below traders’ average entry point, leading analysts to caution that the current sell-off could continue. Go to Source
Bitcoin price must break $31K to avoid 2023 ‘bearish fractal’
BTC price needs to recoup some more key levels before ditching longer-term bearish risk, the latest Bitcoin analysis says. Go to Source
How high can Bitcoin price go by 2024?
Historic price fractal, strong technicals and Bitcoin ETF approval euphoria could keep BTC prices elevated for the rest of 2023. Go to Source
