BTC's dominance is rising again, while the inclusion of MicroStratergy is expected to have a wider adoption, inviting more buying pressure. Meanwhile, the recent BTC price movements show that psychologically, people are finding it difficult to buy the token at $100,000. A strong squeeze on the BTC chart indicates the weakness of the buyers and validates the above...
The market sentiments have turned bullish for BTCUSDT as the levels are inching close to $100K. With almost all the BTCs in profit, this could be just a psychological barrier that may strike some of the traders who could extract some profits. This does not mean the bears may outperform the bulls, as the BTC price rally has just started. The historical pattern...
The price has been trading within a steady ascending parallel channel since the start of the month and has regained higher levels to some extent. The bearish pullback that followed after hitting the interim highs above $71,000, appears to have halted with the recent rebound. Therefore, the price is believed to maintain an ascending trend and reach the upper...
The BTC price is trading within a rectangle within fixed-resistance and support levels. The price has rebounded from the determined support levels after each contact and also faced a rejection at the resistance. However, the current upswing is expected to break above the pattern as the RSI is bullish. The levels dropped below the average and the latest upswing...
Hello Crypto Verse, Lets just analyse the situation of the Bitcoin price and the targets for the weekly close. Bitcoin after consolidating hard within $46,800 and $45,000 for quite a long time dropped hard slicing through the crucial support at $44,700 After bottoming hard at $42,800, the price flipped but failed to ignite a strong uptrend and hence began...
The MATIC price which showcased a gigantic rally always maintained the lower support along the uptrend line. And currently in a higher time frame, cements itself around the line and waiting for a fine flip to mark a rebound firmly. However, in the short time frame, the MATIC price appears to be in a decisive phase, where-in a small wrong move may drag the price...