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Bitcoin’s short-term structure signals that most of October could be a cooling-off period before the “next bullish attempt,” according to a crypto analyst. Go to Source
Crypto analysts say a daily close above $65,000 will confirm “bullish momentum,” but a possible reversal still can’t be ruled out. Go to Source
Bitcoin held in long-term holder wallets has topped $10 billion amid its price falling below $60,000. Go to Source
The metrics suggest that Bitcoin is unlikely to be overvalued at current levels and its price action is developing “steadily without significant anomalies or sharp jumps.” Go to Source
Bitcoin is set to move upward in September, but traders are now less confident it’ll break the $100,000 mark before the end of the year. Go to Source
Bitcoin may be gearing up to move above $70,000 now it has reclaimed a critical level that traders have been closely watching for the past two months. Go to Source
Despite ongoing speculation about Bitcoin’s next potential “deep correction,” some cryptocurrency analysts disagree on its likelihood. Go to Source
The break in Bitcoin’s daily downtrend and heightened demand from whales indicate Bitcoin’s price could jump, but analysts expected it to take a few weeks. Go to Source
Bitcoin’s price chart is resembling that of just weeks after the 2016 halving and it could be “hovering around” a local bottom, according to crypto traders. Go to Source
Crypto traders are stressing that the Bitcoin price correction is “exactly what the cycle needs” right now. Go to Source
