Forget A Bitcoin Yearly Top, BTC Price Might Have Hit A 16-Year Cyclical Peak
Crypto expert Tony Severino has opined that Bitcoin isn’t just showing signs of a yearly top but also that the BTC price may have hit a 16-year cyclical peak. This comes amid the flagship crypto’s recent crash to $60,000, which sparked fears of a bear market. Bitcoin May Be Showing Signs Of A Peak Amid…
Bitcoin Taker Buy Ratio Signals Peak Bearish Sentiment — Relief Soon?
The price of Bitcoin experienced one of the most bearish periods in its history over the past week, losing one crucial technical level after the other. According to data, the cryptocurrency market has seen $1 trillion worth of capital flow out since mid-January. With no doubt about the emergence of the bear season, investors are…
Ethereum Libra Formation In Play: ETH’s Next Big Move Could Be Loading
Ethereum is quietly setting up for a potentially decisive move as the Libra formation remains active on the weekly chart. While confirmation is still pending, the structure has not been invalidated, keeping the upside scenario firmly on the table. With key resistance levels overhead and momentum beginning to stabilize, ETH may be entering a critical…
Can Solana Price Still Reach A New ATH After Crashing To 2-Year Lows?
Market expert Umair Crypto has released an updated technical analysis on the Solana price from last week. In his new report, the analyst highlighted that Solana’s market structure still remains decisively bearish, especially after its recent crash to two-year lows. Despite the downtrend, Umair Crypto believes that Solana could still build enough momentum to reach…
Bitcoin Drifts Into A Deep Conviction Zone, Smart Money Stays Patient
Bitcoin is navigating one of its deepest conviction zones yet, a phase that tests nerves more than it screams opportunity. While prices drift and fear dominates the market, smart money quietly accumulates, laying the groundwork for the next potential trend shift. Testing Conviction: Bitcoin In One Of Its Deepest Bear Market Zones Over the past…
Ethereum Price Is Not Going To Keep Falling Forever, Analyst Says
Ethereum’s recent sell-off has weighed heavily on sentiment after the price fell below the $2,000 level and pulled much of the altcoin market lower alongside it. The move has caused sweeping fear and caution among Ethereum traders. However, some analysts are of the notion that a bullish upside will roll in soon. In a post…
XRP Price Has Just Reached Most Oversold Level In History And This Analyst Is Predicting A Bounce
The XRP price has hit oversold levels, marking its lowest readings in history. A crypto analyst has reported that each time XRP has reached these levels, a price bounce has followed. Based on this, he believes that XRP could be on the verge of another major rebound, projecting a potential rally above $2. XRP Price…
What Went Wrong With Crypto? A Postmortem
Crypto’s latest drawdown hit the majors in size: bitcoin fell about 8.1% over the past 24 hours and is down roughly 29.5% over the past 30 days, while Ether dropped about 9.4% on the day and about 41.4% over the past month; XRP was off about 10.3% in 24 hours and roughly 42.7% over 30…
Bitcoin Realized Loss Nears $900 Million, Highest Since FTX Crash
On-chain data shows the Bitcoin Realized Loss has spiked to its highest level since November 2022 as investors have capitulated after the price crash. Bitcoin Realized Loss Has Hit A Value Of $889 Million In a new Realized Loss. This indicator measures, as its name suggests, the total amount of loss that investors on the…
Analyst Who Predicted XRP’s 600% Rally Forecasts The Bottom And A Target Of $10
XRP’s current pullback has diverted attention away from short-term volatility and back toward the bigger picture on the chart. The cryptocurrency is now down by over 60% from its July all-time high, and the decline is showing signs of more downside. As the price continues to break below support levels, one analyst whose earlier outlook…