Bitcoin Bullish Divergence That Appeared Before The May ATH Has Returned Again
Bitcoin is currently hovering in a subtle yet significant signal is starting to flash beneath the surface, particularly on the 4-hour chart, that might send Bitcoin to a new all-time high soon. Return Of Rare Divergence Pattern On Bitcoin’s 4H Chart Crypto analyst Luca (@CrypticTrades_) breakout may be very close. As shown in the 4-hour…
$150,000 Bitcoin Is In Play—Unless This One Macro Metric Snaps
Bitcoin may be gearing up for a renewed surge, but according to trader Josh Olszewicz, the bullish setup is walking a macroeconomic tightrope—and one wrong move could send everything tumbling. In his June 16 “Macro Monday” update, Olszewicz laid out a broad-based technical and macroeconomic case for why BTC is holding firm near all-time highs,…
Bitcoin To $140,00 In 50 Days? Bitwise Bets On War Rally
Bitwise Asset Management’s European research arm argues that the sharp sell-off that followed last week’s military escalation between Iran and Israel is likely to give way to a powerful relief rally in Bitcoin, echoing the cryptocurrency’s behaviour after earlier geopolitical shocks. In its 16 June weekly newsletter Bitwise Europe points to a “Chart of the…
Amid Bitcoin Hype, Seasoned Trader Predicts Sudden Drop To This Level
Bitcoin is at a crossroads again. Prices have been bouncing between $61,000 and $104,000 for about seven months. That range looks a lot like the $31,000–$64,000 sideways move before the sharp drop in early 2022. Traders and analysts are split over whether history is about to repeat itself or if fresh demand will keep Bitcoin…
Why Bitcoin Price Continues To Rise Despite Soaring Treasury Yields — Analyst
Over the past few weeks, the Bitcoin price has maintained a somewhat healthy momentum, forging minor swing highs and lows in its bull run revival. Interestingly, this early-week upward movement has been corrected following the escalating conflict between Israel and Iran. All in all, the overall positive outlook for the premier cryptocurrency has remained, even…
Bitcoin Price Crash To $94,000 Imminent As Fibonacci Resistance Is At Stake
Bitcoin’s recent price action has shown signs of fading momentum three weeks after reaching a new all-time high of $111,814. The leading cryptocurrency climbed back above $110,000 on Monday off the back of cooling U.S. inflation data and a temporarily weaker dollar. However, the rally was short-lived. Profit-taking, compounded by geopolitical tensions between Israel and…
Bitcoin Calm Won’t Last—This Week Holds Breakout Risk
Singapore-based trading firm QCP Capital opened its Monday note with a blunt assessment: “Implied vols continue to come under pressure, with BTC stuck in a tight range as summer approaches.” In the options house’s telling, the market is drifting into the northern-hemisphere holiday season much as it did a year ago, when one-month at-the-money (ATM)…
Bitcoin Leveraged Traders Are Back Betting On A Price Decline — What This Means
The price of Bitcoin has been in a good recovery form since succumbing to the bearish pressure from the ongoing feud between United States President Donald Trump and Elon Musk. The premier cryptocurrency climbed above the $105,000 mark in the early hours of Saturday, June 7. According to the latest on-chain data, the Bitcoin price…
Bitcoin Golden Cross Pattern Says The Crash To $100,000 Is Normal – What To Expect Next
Bitcoin (BTC) is showing signs of recent pullback near the $100,000 region may have alarmed the crypto market, analysts suggest that this move is part of a broader trend that could push BTC to its next price high. Golden Cross Formation Pits Bitcoin At $150,000 Bitcoin has once again flashed a classic bullish signal, the…
Watch Out For These Levels If Bitcoin Price Returns To $100K: Blockchain Firm
The Bitcoin price has not had quite the same spark it did at the beginning of the last month so far in June. The premier cryptocurrency has somewhat struggled to break out of a consolidation range since reaching a new all-time high in the month of May. The Bitcoin price recently succumbed to bearish pressure,…