The previous days’ trips above the $21,000 mark could be Bitcoin’s last for the time being, fresh analysis concludes.
Category: Market Analysis
Dogecoin price rallies 150% in 4 days, but DOGE now most ‘overbought’ since April 2021
DOGE price could drop 60% by the end of this year as it reaches its most overbought level since April 2021.
2 metrics signal the $1T crypto market cap support likely won’t hold
Despite the 8.5% weekly rally in cryptocurrencies, the lack of stablecoin premiums in Asia and futures markets activity shows buyers’ lack of confidence.
Ethereum flashes a classic bullish pattern in its Bitcoin pair, hinting at 50% upside
The formation of a bullish trading pattern suggests that the ETH/BTC pair could be on the verge of a trend reversal.
Ethereum price hits $1.6K as markets expect the Fed to ease the pressure
ETH price rose to its highest level since September, but data shows whales lack an appetite for leverage longs.
Bitcoin hits new 6-week high as Ethereum liquidates $240M more shorts
Retail traders are repeating past mistakes over and over, analysis concludes as the bulls smoke late BTC and ETH shorters.
Bitcoin fails to break the $21K support, but bears remain shy
BTC futures and stablecoin margin data shows a lack of appetite from buyers even as Bitcoin gained 7.5% in a week.
Bitcoin ‘double bottom’ excites bulls as NVT signal predicts major move
A strong sense of deja vu is palpable when comparing Bitcoin’s last bear market to this one, Stockmoney Lizards suggests.
Here is why strong post-Merge fundamentals could benefit Ethereum price
An increase in staked ETH, lucrative yield on liquid staked ETH tokens and deflationary tokenomics are possible bullish factors for Ether’s price.
BTC price sees ‘double top’ before FOMC — 5 things to know in Bitcoin this week
Concerns that Bitcoin may have already topped come as volatility is expected around the Fed rate hike decision and comments.