Bitcoin Has Officially Entered Bearish Territory, And It’s Headed To $35,000; Chart Shows
Bitcoin’s higher-timeframe structure is in an interesting state, according to crypto analyst Crypto Patel, who is of the notion that the cryptocurrency has officially entered bearish territory after breaking a long-term support level at $107,000. Technical analysis of price action on the weekly candlestick price chart shows Bitcoin is now in this bearish territory, with…
Ethereum Decision Point: It’s Time To Start Panicking If Price Breaks Below $1,800
Ethereum (ETH) is back on the knife’s edge, and market analyst Crypto Patel has suggested that there may be no room left for optimism if the next key level gives way. According to the analyst, the Ethereum price is hovering at a critical decision point beneath $2,000 after recording multiple price declines. However, a breakdown…
After 95% Crash, Avalanche Forms High-Timeframe Reversal Structure
After enduring a brutal 95%+ drawdown from its 2021 peak, Avalanche is now showing early signs of a potential high-timeframe reversal. With price stabilizing at macro support and forming an emerging Elliott Wave structure on the weekly chart, the current phase could mark a critical turning point in the broader cycle. Weekly Elliott Wave Structure…
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…
SUI At The Smart Money Zone: Big Moves Brewing Above $2
SUI is approaching a critical smart money zone, with price action signaling that big moves could be on the horizon. Sustained trading above $2 may trigger a breakout, setting the stage for the next significant leg higher. SUI Reaches Stage For Major Money Entry Crypto analyst Crypto Patel, in a recent accumulation. Related Reading: SUI…
XRP Maintains Bullish Bias Above $1.30 Despite Recent Rejection
XRP continues to show underlying strength despite facing rejection near recent highs, with the broader structure remaining intact. As long as the price holds above the key $1.30 level, the bullish bias remains in play, signaling that the latest pullback may be a consolidation rather than the start of a deeper reversal. Multi-Year Breakout Holds…
SUI Reclaims Smart Money Zone, While Weekly Structure Signals Big Move Ahead
SUI is showing early signs of a meaningful shift in momentum after reclaiming a key smart money support holding and a bullish structure gradually rebuilding, the setup hints that a larger expansion could be brewing. Defending Weekly Accumulation After Deep 2024 Correction Crypto analyst Crypto Patel, in a SUI continues to hold a high-timeframe accumulation…
Bitcoin Macro Retracement Meets Mid-Range Battle – Will Bulls Reclaim Momentum?
Bitcoin is facing a critical juncture as its macro retracement converges with a tight mid-range battle between $86,000 and $100,000. With bearish patterns confirmed and short-term support holding, the market now waits to see if bulls can reclaim momentum or if a deeper pullback is on the horizon. Bitcoin Confirms Macro Top: Bearish Phase Underway…
Bitcoin Hits Major Inflection Point As Rising Wedge Breaks
weakness and heightened volatility. With technical pressure colliding with a historically significant threshold, the market now faces a decisive moment. Rising Wedge Break Sends Bitcoin Lower Into Key Support Zone Crypto analyst The Boss, in a recent market. According to the analyst, this area could trigger a potential upward reaction, as buyers often step in…
Germany’s Bitcoin Seizure Program Exposed: Nearly $5 Billion In BTC Left Dormant
Germany’s much-publicized Bitcoin seizure campaign has come under fresh scrutiny after blockchain analysts revealed that nearly $5 billion worth of BTC has remained untouched. The finding raises intrigue within the crypto community, as questions swirl over whether the funds are lost, frozen, or simply being held in reserve. Why The Coins Remain Untouched In an…