Is $74,000 The Bottom For Bitcoin? CMT-Certified Analyst Says $38,000-$42,000 Is Coming
The Bitcoin (BTC) price crash to $74,000 has left traders speculating whether the cryptocurrency has finally hit a bottom. However, a CMT-certified analyst suggests that Bitcoin’s price correction is far from over. He has predicted an even deeper pullback to $38,000 – $42,000, which he identifies as Bitcoin’s final price bottom. In a detailed Elliott…
The Cyclicality Of Bitcoin: What The Cyclical Crests Say About A BTC Top
Tony “The Bull” Severino, a well-followed crypto analyst, recently took to the social media platform X to share a detailed breakdown of Bitcoin’s historical price behavior. The analysis uses a cyclical lens that many in the crypto community (both bulls and bears) agree holds significant relevance. Notably, Tony Severino focuses on the concept of Bitcoin’s…
CMT-Certified Expert Explains Why Bitcoin May Not Reach Past Extremes On Indicators
A crypto market technician is debating whether Bitcoin has reached its peak this bull cycle, as Relative Strength Index (RSI) which failed to reach past extremes, raising concerns about Bitcoin’s future trajectory. Bitcoin Indicators Fall Short Of Historical Peaks Bitcoin has historically exhibited strong indicator readings during major cycle tops, reflecting extreme market engagement and…
Bitcoin Price Risks Further Crash As S&P Monthly LMACD Turns Bearish, Why Bulls Have Only 20 Days
Crypto analyst Tony Severino has warned that the Bitcoin price risks a further crash. This came as he revealed a critical technical indicator, which has turned bearish for the flagship crypto, although he noted that BTC bulls can still invalidate this current bearish setup. Bitcoin Price At Risk Of Further Crash As S&P Monthly LMACD…
Ethereum, Dogecoin Lead Large Cap Losses As Bitcoin Moves Into Bear Market Territory
The cryptocurrency market is facing a seemingly never-ending decline, with Ethereum (ETH) and Dogecoin (DOGE) leading the losses among large-cap digital assets. This correction comes as the broader market sentiment turns bearish and cautious while Bitcoin (BTC) experiences persistent volatility and moves into bear market territory. Ethereum And Dogecoin Market Cap Takes A Hit Ethereum,…
Bitcoin Price At $321,000 This Cycle? Analyst Says It’s The ‘Math’
Crypto analyst Tony Severino has provided an ultra-bullish outlook for the Bitcoin price, predicting that the flagship crypto could rally to as high as $321,000. The analyst admitted that this target was too high for BTC but added that it was simply the “math. Bitcoin Price To Reach $321,000 In This Market Cycle In a…