Extended Wave 5 Scenario Puts Bitcoin Price Above $300,000 With Step-Like Structure In Place
The Bitcoin price could be entering the final and most explosive phase of its current market cycle, as an analyst maps out the cryptocurrency’s next movements onto a parabolic step-like structure. Reinforcing this bullish outlook is the Elliott Wave 5 count, which points to an epic price rally that could propel Bitcoin above $300,000, eclipsing…
Bitcoin Price Sideways Action Builds — Will Bulls Step In After a Minor Dip?
Bitcoin price started a fresh increase above the $106,500 zone. BTC is now consolidating and might aim for a move above the $108,000 resistance. Bitcoin started a fresh increase above the $106,500 zone. The price is trading above $106,500 and the 100 hourly Simple moving average. There was a break below a bullish trend line…
Bitcoin To Surge To $130,000 Next? What The Wave Count Says
After a week of volatile price action, Bitcoin has once again returned to familiar territory around the $106,000 price level. However, on-chain data shows that investors are still cautious, with the crypto Fear & Greed Index now in the neutral zone. On the other hand, technical analysis of Bitcoin’s price action on the 4-hour candlestick…
Double Win: Dogwifhat Jumps 24% Alongside Bitcoin’s $107K Push
In accordance with recent statistics, Dogwifhat (WIF) jumped 24% in the past 24 hours, moving above $0.85 as Bitcoin broke above $107,000. Traders observed a quick turnaround from levels below $0.72. Active wallets handling WIF jumped by 20%, and daily volume hit over $70 million. All those actions brought the Solana meme coin to within…
Bitcoin Price Back In The Green — Momentum Builds for More Gains
Bitcoin price started a fresh increase above the $105,500 zone. BTC is now consolidating and might aim for a move above the $108,000 resistance. Bitcoin started a fresh increase above the $105,500 zone. The price is trading above $105,500 and the 100 hourly Simple moving average. There is a bullish trend line forming with support…
Bitcoin Price Pushes Up — ATH in Sight if Bulls Maintain Pressure
Bitcoin price started a fresh increase above the $103,250 zone. BTC is now consolidating and might aim for a move above the $106,500 resistance. Bitcoin started a fresh increase above the $105,000 zone. The price is trading above $103,500 and the 100 hourly Simple moving average. There is a bullish trend line forming with support…
Bitcoin Price Turns Higher — Relief Rally Follows Reduction In Global Risk
Bitcoin price started a fresh increase from the $98,250 zone. BTC is now consolidating and might aim for a move above the $106,500 resistance. Bitcoin started a fresh increase above the $102,000 zone. The price is trading above $102,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend…
Bitcoin Paces $15 Billion YTD Influx Amid 10-Week Fund Flow Streak
Bitcoin and other crypto funds have kept the cash register flowing for 10 straight weeks, pulling in $1.24 billion in the latest period. That brings the year-to-date haul to $15 billion. Even holiday trading lulls and global jitters haven’t stalled the momentum. Investors seem to be treating this pullback as a chance to buy, not…
Bears Will Be Washed Out Of Bitcoin If This Happens
Bitcoin’s narrow price movement over the past week contradicts a much different development in the futures market. According to Axel Adler Jr., an analyst at on-chain analytics platform CryptoQuant, a sharp rise in the long liquidation dominance metric could set the stage for a significant shift in sentiment that may completely wash out bears from…
Bitcoin Closes Daily Price Below 50MA – Final Bearish Signal?
Bitcoin (BTC) continues to experience an extensive price correction losing over 7% of its market value in the last month. The flagship cryptocurrency has struggled to regain its bullish form after setting a new all-time high leading to speculations of a potential market top. Interestingly, popular market analyst and the host of The Wolf of…