Bulls placed too much hope on $32,000 flipping to support, an error that is bound to show by Friday’s $800 million BTC options expiry.
Category: Market Analysis
LINK marines rejoice after Chainlink 2.0 brings a new roadmap and staking
LINK price broke its downtrend and rallied to $9 after the developers released a roadmap and announced that Chainlink 2.0 includes token staking.
Bitcoin price recovers $31.5K, but traders say ‘scam’ price action will bring more downside
BTC price rallied back to a strong resistance level at $31,500, but traders caution that another whipsaw is the most likely outcome.
Sold your SOL? Solana price eyes 35% jump as two technical signals flip bullish
Solana’s nearly 80% year-to-date decline is likely to follow up with some relief rallies, technicals suggest.
BNB price risks 40% drop as SEC launches probe against Binance
Downside risks for BNB also come from a recent Reuter exposé that claims Binance laundered “at least $2.35 billion in illicit funds.”
Wall Street sends BTC price to $30.8K as latest US dollar uptick fails
U.S. dollar strength is waning as traders hope for critical levels to break to exit Bitcoin’s “no trade zone.”
Ethereum ‘double Doji’ pattern hints at a 50% ETH price rally by September
ETH’s bullish reversal candlesticks form near a strong support confluence, raising anticipations about a sharp upside retracement ahead.
‘Can it get any easier?’ Bitcoin whales dictate when to buy and sell BTC
Whale buying and selling has effectively told traders how to position their bids and asks, data reveals.
BTC price approaches $32K as analyst warns of ‘boring’ summer for Bitcoin
$32,000 comes back into view at 6% gains are helped by a return to strength on U.S. stock markets.
Is Cardano ready for a go at $1? June’s hard fork FOMO lifts ADA price to weekly highs
Cardano’s previous hard forks sparked massive ADA price rallies. Will this time be different?