Bitcoin Finally Breaks Above Falling Wedge Pattern—Here’s The Next Target
Bitcoin has seen a significant price movement today, reaching a high of $67,803, breaking above a descending falling wedge pattern on the daily chart. While this breakout has captured attention, Bitcoin is yet to close a daily candle above this resistance, which would confirm the breakout as successful. Regardless, this development has sparked fresh analyses…
Polkadot (DOT) Gearing Up For ‘Massive Breakout’, Will It Skyrocket To $20?
Polkadot (DOT) has seen a price increase in the daily timeframe as the crypto market soars. Some market watchers suggested the cryptocurrency is gearing up for a breakout, setting new targets for the short and mid-term timeframes. Polkadot Breaks Out Of Falling Wedge Pattern Polkadot has registered a 10.9% increase in the last week following…
Bitcoin Breaks Through $65,000, Is “Uptober” Rally Just Getting Started?
Bitcoin (BTC) has surged past the $65,000 mark, renewing traders’ optimism for an “Uptober” rally that could extend the digital asset’s bullish momentum. Is The Bitcoin “Uptober” Rally Finally Here? In the early hours of October 15, Bitcoin briefly crossed $66,000 before retracing to $65,964 at the time of writing. Over the past 24 hours,…
Institutions Pile Into Bitcoin As Retail Sells—A Bullish Signal For The Market?
As Bitcoin continues its journey toward recovery, recent market activity has revealed an interesting shift in investor behaviour. According to a CryptoQuant analyst known as caueconomy, institutional investors are quietly accumulating Bitcoin as retail traders reduce their positions. This observation was shared in a post on the CryptoQuant QuickTake platform, highlighting a growing trend where…
As Bitcoin Tops $66K, Fear & Greed Index Moves To Neutral—What’s Next?
Analysts observed that the number of Bitcoin active addresses is unaffected by the fluctuating sentiments around the most popular cryptocurrency, saying it remains remarkably stable. This, as the alpha coin breaches the $66,000 level at the time of writing. Active address count monitors the number of unique Bitcoin addresses that have been involved in a…
Bitcoin Price Gains Steam: Is a New Surge on the Horizon?
Bitcoin price started a fresh rally above the $65,500 resistance zone. BTC is now consolidating and might clear the $68,000 resistance to continue higher. Bitcoin is up over 7% and now shows a lot of positive signs. The price is trading above $66,500 and the 100 hourly Simple moving average. There is a connecting bullish…
On-Chain Metrics Reveal Bitcoin Demand Is Growing – Can BTC Break ATHs In Q4?
Bitcoin surged over 5% yesterday, following a positive day across the crypto market. This sudden price boost has sparked optimism among investors and analysts, anticipating even bigger gains in the coming months. Market sentiment is improving alongside price action, fueling hopes for a sustained rally. Key data from CryptoQuant suggests that Bitcoin demand is rising, supporting…
Bitcoin Rally Expected: Standard Chartered Eyes New High Of $73,800 Pre-US Election
Bitcoin has recently shown significant momentum, reaching its highest level since July, briefly touching $67,900 and recovering 7%. This surge follows a dip to $58,900 at the end of last week, further fueling bullish sentiment among investors optimistic about the cryptocurrency’s potential to reach new heights before the end of the year. However, according to…
Robert Kiyosaki Warns Of A Bitcoin Crash To $5,000: Here’s Why
Robert Kiyosaki, the renowned author of “Rich Dad Poor Dad,” has issued a stark Global Financial Crisis (GFC). Why Bitcoin Could Crash To $5,000 Kiyosaki revisited the events of 2008, referring to the GFC as a pivotal moment when, in his view, “the criminals at the Fed and Treasury began printing trillions of fake dollars…
Bitcoin Stochastic Breakout Puts BTC Price Above $500,000, Here’s When
Bitcoin investors are still dwelling in excitement in light of a recent breakout towards $66,000. This rally has reignited bullish sentiment across the market, with many traders now anticipating higher highs for Bitcoin and other cryptocurrencies. According to a crypto analyst, this breakout has seen the stochastic indicator print a signal to a rally that could…