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Bitcoin Technical Analysis: BTC Shows Consolidation Phase Amid Recent Volatility
29.5.2024
Bitcoin’s price on May 29, 2024, reflects a period of consolidation following recent volatility. The current price stands at $67,739 with an intraday range of $67,201 to $68,880. Technical indicators and moving averages provide a mixed outlook, indicating both potential stability and...
Bitcoin Technical Analysis: BTC Consolidation Signals Range-Bound Activity
24.5.2024
Bitcoin is currently priced at $67,350, with a market capitalization of $1.32 trillion and a trading volume of $42.36 billion. The cryptocurrency’s price has fluctuated within the range of $66,665 to $70,028 over the last 24 hours. Bitcoin Recent trends in the daily chart reveal bitcoin...
BONK price sets another milestone after breaking 2-month consolidation
22.5.2024
After coming out of the consolidation phase, BONK hopes to achieve the milestone of $0.0000712. This aligns interestingly with Bitcoin, which is also experiencing an upward rally. However, BONK is banking on its rally amid the excitement of approval for Spot Ether ETF. In April, Solana-based crypto...
Bitcoin Technical Analysis: BTC Encounters Strong Resistance, Enters Consolidation Mode
22.5.2024
As of May 22, 2024, bitcoin is trading at $69,952, navigating a recent intraday range of $69,211 to $71,422. Despite a tumultuous period, bitcoin has shown resilience with an 11.9% increase over the past week and a 5.9% rise over the past month. Bitcoin Bitcoin’s 1-hour chart reveals...
Novogratz Predicts Bitcoin Trading Between $55K-$75K This Quarter
20.5.2024
Bitcoin is expected to trade within a narrow range this quarter, according to Michael Novogratz, founder of Galaxy Digital Holdings Ltd. “Bitcoin, ethereum and everything else, solana will consolidate,” he said last week, adding that it means BTC will probably trade “somewhere...
Bitcoin eyes $70k after breaking out of the consolidation
10.5.2024
Bitcoin has been recognized to have been in a consolidation phase for almost 50 days. It is closer to the historical record of 63 days. However, analysts are apprehensive about the potential next surge once BTC concludes its depressing phase. Its price movement has been mostly within the restricted...
Bitcoin price to ‘sustain’ $265K level once boring consolidation ends — Analysts
8.5.2024
Analysts forecast a Bitcoin run to $265,000, but it could take longer than investors expect
Bitcoin Post-Halving Price Consolidation Isn’t Over Yet: Bitfinex
2.5.2024
Analysts at cryptocurrency exchange Bitfinex predict the price of Bitcoin could consolidate for up to two months post-halving
The post Bitcoin Post-Halving Price Consolidation Isn’t Over Yet: Bitfinex appeared first on Cryptonews
Bitcoin post-halving price consolidation could last 2 months, says Bitfinex
2.5.2024
The Bitcoin halving is widely expected to have a positive impact on the price of the preeminent cryptocurrency, but analysts expect volatile price consolidation in the short term
Is the Next Altcoin Season Around The Corner? Some Traders Believe So
29.4.2024
Bitcoin's consolidation and recent altcoin activity fuel speculation around a potential Altseason 2024. Here's what you need to know.
The post Is the Next Altcoin Season Around The Corner? Some Traders Believe So appeared first on Cryptonews
Ethereum Technical Analysis: ETH’s Consolidation Phase Highlights Potential Downward Trajectory
29.4.2024
As ethereum continues its price fluctuations, technical indicators on the 1-hour, 4-hour, and daily charts suggest a bearish outlook with mixed trading signals. Despite some bullish undercurrents, the predominant sentiment remains cautious. Ethereum Ethereum’s (ETH) price action has shown...
Bitcoin Technical Analysis: Upper Resistance Holds Strong Amidst Consolidation Phase
1.4.2024
As bitcoin flirts with the $69,556 mark, its oscillation between $68,900 and $71,391 within the last 24 hours suggests a battleground for bulls and bears alike. Amidst a trading volume of $27.37 billion, the cryptocurrency giant showcases a current market capitalization of $1.36 trillion. Bitcoin...
Bitcoin Technical Analysis: BTC Consolidation Points to Potential Shifts Ahead
29.3.2024
On March 29, 2024, with a trading price of $70,075, and oscillating within a 24-hour range of $68,362 to $71,754, bitcoin’s current market behavior reveals significant consolidation and neutrality. Bitcoin Bitcoin’s 1-hour chart reveals recent volatility, with a significant bounce...
Solana Exceeds $200, Tops in Google Search Popularity
18.3.2024
Solana’s native token saw am impressive increase in the past 24 hours despite wider market consolidation, exceeding $200. SOL is up 10.33% in the last 24 hours and is currently trading at $204.16 at press time.
The post Solana Exceeds $200, Tops in Google Search Popularity appeared first...
Data Signals Imminent Altcoin Season Amid Steady Bitcoin Dominance
21.2.2024
Several analysts on microblogging platform X have recently highlighted different data points indicating that altcoin season (altseason) could soon be upon us. On February 15, trader/analyst Rekt Capital (@RektCapital) shared a projections chart to suggest that Bitcoin’s current dip could...
Is Injective on the Verge of a Downturn? INJ Price Dips as Anticipated Meme Coin SPONGE Sets Stage for Launch
20.2.2024
Leading AI-powered DEX project Injective Protocol has seen resistance trigger a downtick in price. This article will provide an analysis of INJ’s current price trends and look to see whether a newer meme coin, SPONGE, represents a more promising investment opportunity at this time. Injective...
Bitcoin Technical Analysis: BTC Bulls Show Strength After Recent Consolidation Period
19.2.2024
Bitcoin’s price has seen a period of consolidation after its recent high of around $52,884, according to price data from Feb. 19, 2024. Technical indicators suggest the leading crypto asset remains in an uptrend and may be poised for a further move higher after this sideways trading range....
Bitcoin Technical Analysis: BTC Reclaims $41K Mark Following Short-Term Consolidation
26.1.2024
At present, the price of bitcoin is $41,106, marking a significant climb from its 24-hour low of $39,538 and peaking at $41,474. This upward movement signifies a 3% gain within the last day, reflecting a surge of optimistic sentiment among investors in the short term. Yet, when expanding the view...
Is ORDI Price Going to Zero? ORDI Price Suddenly Drops as New Bitcoin Mining Protocol Goes Viral
15.1.2024
Leading BRC-20 ordinal token ORDI has seen a sudden ORDI price drop in the midst of a hard fought consolidation, leading some panicked holders to ask ‘is ORDI price going to zero?’ – find out in this ORDI price analysis. The volatile consolidation comes as ORDI price reels from...
Bitcoin Technical Analysis: BTC in Consolidation Phase as Upper Resistance Strengthens
12.1.2024
The leading cryptocurrency, bitcoin, has remained within a limited price range since yesterday. This followed yesterday’s quick surge to the $49K level, which then declined in the early trading hours of Thursday. Although there was a transient increase to the $47K mark, the value has stayed...