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On Wednesday afternoon, Bitcoin (BTC) surged to a remarkable all-time high (ATH) of $112,022, breaking free from its previous consolidation phase and lower resistance levels. Bitcoin Rally Faces Critical Test John Glover, the chief investment officer at crypto lending platform Ledn and a former managing director at Barclays Investment Bank, noted that the recent rally…
A new analysis shows that Bitcoin (BTC) may be on the verge of a calculated price crash that could take it below $107,000 before igniting the next bullish rally. The cryptocurrency market structure currently reflects a short-term bearish correction within a broader bullish trend, supporting the likelihood of a potential surge to new all-time highs…
Bitcoin has broken out of the orange bull flag on the 1-hour chart. After consolidating within a tight range, the breakout suggests that momentum is shifting back in favor of the bulls, and potentially setting the stage for a rapid push toward higher resistance levels. Pullback Or Launchpad? What Bitcoin’s Next Move Could Look Like…
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Bitcoin’s recent price action is holding firm above the $108,000 level despite a string of minor pullbacks in recent trading sessions. Notably, CoinGecko data shows that the Bitcoin price has climbed to an intraday high of $109,116, but it wasn’t able to hold above and has retreated slightly lower at the time of writing. Volatility…
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Despite the Bitcoin price holding up quite nicely above $100,000 and remaining very close to its all-time high levels, there continues to be expectations of a massive crash that would rock the market. Pseudonymous crypto analyst FriendlyRox points to a number of indicators for this, going from volume to momentum, all pointing to a possible…
After achieving its highest weekly close to date, Bitcoin (BTC) is now attempting to confirm two crucial levels as support before continuing its rally to new highs. Some analysts have suggested that the cryptocurrency may be experiencing a “calm before the storm” phase. Related Reading Bitcoin Set For Key Support Confirmations Bitcoin managed to close…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The…