Veteran chartist Peter Brandt ignited a fresh technical debate on X after publishing two annotated charts—one of today’s Bitcoin daily bars, the other of Chicago Board of Trade soybeans from 1977—arguing that the cryptocurrency may be carving out a broadening top akin to the historical commodity pattern that preceded a 50% collapse. “In 1977 Soybeans…
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in…
The concept of a price battleground in Bitcoin markets refers to a critical price range where the forces of buying and selling pressure are in a fierce and decisive contest. This is where the outcome is expected to determine BTC’s overall direction and confirm a continuation of a bull market or bear market correction. Why…
Economist and former forex analyst Moonchaser is explaining why expectations of the XRP price reaching $100,000 are not realistic. According to Moonchaser, many XRP fans misunderstand how market value works by claiming that XRP has no market cap. The economist highlighted that XRP, like any other asset or cryptocurrency, is affected by supply, demand, and…
Crypto analyst Captain Faibik has predicted that the Bitcoin price could crash to as low as $50,000, representing a 60% crash for the flagship crypto. The analyst explained why he has turned bearish on BTC, while declaring that the bull run is over. Why The Bitcoin Price Could Crash To $50,000 In an X post,…
Bitcoin’s violent futures deleveraging earlier this month reset market positioning but did not break the broader bull trend, according to Julio Moreno, Head of Research at CryptoQuant. Speaking on the Milk Road podcast on October 20, Moreno argued that the path to fresh highs remains open if spot demand stabilizes and the macro overhang from…
After finishing up its crash over the weekend, the Bitcoin price seems to be stabilizing as market sentiment starts to move positively once again. However, this has not done much to eliminate the bearish expectations that have erupted following the October 10 liquidation event. As opposed to the expectations that the Bitcoin price will see…
Bitcoin is trading around $107,000 after its recent flash crash, maintaining stability to prevent further decline but is yet to return to trading above $110,000. Notably, popular crypto analyst Titan of Crypto shared a detailed Gaussian Channel analysis on X that points to Bitcoin’s macro bull structure remaining intact despite short-term volatility. His post, which…
The price performance of Bitcoin over the past two weeks has been a major source of concern, as the coin’s value continues to drift away (about 15% down now) from its all-time high. As the flagship cryptocurrency slows down, the latest on-chain data suggests that a group of investors is exiting the market en masse.…