Tag: technicalanalysis

Bitcoin Breaks $107,000 as Technicals Point to Further Upside

Bitcoin Breaks $107,000 as Technicals Point to Further Upside

Bitcoin has once again demonstrated its strength, most recently breaking above the $107,000 level after forming a bull flag consolidation pattern. And analysts are watching the massive increase very closely. They’re looking out for technical patterns that would suggest a new ATH is just around the corner. Currently, Bitcoin is...

ETH's $2.8K Test: Why Bearish Bets Are a Golden Opportunity!

ETH's $2.8K Test: Why Bearish Bets Are a Golden Opportunity!

Okay, let's talk about Ethereum. You're seeing the headlines: ETH struggling at $2.8K, increased downside protection, bearish strategies gaining traction. The bears are circling, right? Wrong. This shouldn’t be a reason to panic, this should be an invitation. A golden one, in fact.Bearish Bets Signal Market Maturity?Think about it. A...

Bitcoin's Price Braces for Potential Breakout Amidst Consolidation

Bitcoin's Price Braces for Potential Breakout Amidst Consolidation

Bitcoin’s price is currently sitting at $84,530 after a 0.3% decrease in the past 24 hours. In fact, some market analysts believe Bitcoin is getting ready for its next major price move in the upcoming weeks. By January 2025 the cryptocurrency had climbed to an unprecedented peak of $108,786. Ever...