A widely recognized bullish formation in Bitcoin’s price charts might not be as promising as it appears, warns veteran trader Peter Brandt. The cryptocurrency has developed an inverse head-and-shoulders pattern, typically seen as a sign of a potential upward reversal. However, the structure presents a complication—the neckline is sloping downward. Brandt, who has spent over […]
A popular crypto analyst is forecasting a major rally for Bitcoin, predicting it could eventually soar to six figures, but cautions that investors should expect a possible dip before the surge. According to Inmortal, Bitcoin is likely to briefly dip to around $85,000 before making its climb toward $100,000. He emphasizes that the cryptocurrency’s trajectory […]
A well-known crypto analyst believes Bitcoin could reach record highs—if it clears a critical resistance level. DonAlt suggests that BTC needs to break past $101,000 to trigger a significant rally. According to him, this is the final barrier before Bitcoin can push into uncharted territory. “The setup looks solid. That’s why I’ve been saying to […]
A well-known crypto analyst, known for his accurate predictions, is now highlighting a potential downside for the asset amid the recent correction. The crypto expert, known as Rekt Capital, explained that while Bitcoin is currently in an upward trend, historical patterns suggest that a further decline is possible. Rekt Capital pointed out that Bitcoin often […]
Bitcoin remains in a consolidation phase above $100,000, showing no significant movements in the past 24 hours. Key indicators, including its position above the 50-day and 200-day SMAs, suggest continued bullish momentum, supported by an “Extreme Greed” market sentiment score of 83. The “3 Expansion Phases” pattern, highlighted by TradingShot, indicates Bitcoin could reach $150,000 […]
Crypto analysis firm MarktQuant has identified key price levels that will play a crucial role in Bitcoin’s next moves, drawing attention to both resistance and support zones that investors should watch closely. 🟠 $BTC Key Levels to Watch For the bulls to regain control, the price must soon surpass the critical resistance at 98.4k. Failure […]
Bitcoin (BTC) has just completed one of its longest re-accumulation phases in history, according to popular crypto analyst Rekt Capital. In a recent YouTube update, the anonymous trader pointed out that the cryptocurrency has been in an extended price discovery phase, surpassing previous cycles in 2021, 2017, and 2013. Rekt Capital explained that, unlike earlier […]
Crypto analyst Ali Martinez has identified key factors for Bitcoin to surpass its all-time high of $73,700. After accurately predicting a surge to around $72,000, he warned that Bitcoin wouldn’t reach this peak immediately. Martinez emphasized that Bitcoin must hold above the $69,000 support level to target a rise to $78,000, noting that recent price […]
Veteran trader Peter Brandt recently cautioned that Bitcoin (BTC) could be vulnerable to a major downturn after failing to establish new record highs for an extended period. Brandt noted that Bitcoin’s inability to sustain upward momentum over the past eight months might be a warning sign. Hey Bitcoiners Are you familiar with the concept of […]
Bitcoin (BTC) has made headlines by surpassing the critical $63,000 level, trading at around $63,400 at the time of writing, indicating the possibility of a strong Q4 performance. This price recovery comes after a brief period of volatility, with market participants regaining control and positioning Bitcoin for future growth. Despite this positive momentum, concerns linger […]