Bitcoin price will continue to nose dive from here owing to so many factors which include the dwindling of narrative after ETF approvals, low volumes and extinction of positive trends. Also, there's so much distraction from the crypto space to keep people focused on the goal of developing and improving the bitcoin network. Ultimately I think Bitcoin still gets...
In the past weeks, the memecoin frenzy has fizzled out on the Solana Ecosystem and this is simply due to over saturation, The saturation eventually turned major tokens on the Solana Eco System to a Player Vs Player Trading, this is not healthy for any any market just as it is obvious that each narrative has finished playing itself. The eventual factor that limits...
CRYPTOCAP:LTC has honestly been having some sort of shitty price action in the previous weeks before now, it is also apparent that there's some bullish catalyst that is currently surrounding it, especially concerning positive news. Speaking solely from the angle of price action and trend analysis, CRYPTOCAP:LTC has broken out from its long-term consolidation...
TRB was the token of the new year, as it recorded gains of the best run for the last part of the year, LSE:TRB started at around $16 on September 1st, 2023 and peaked on December 31st, 2023 at a record price of $630 per coin. With the reclaim of market structure, LSE:TRB is billed to move to at least $300 per coin and this is simply putting it as a...
Given the current price action of the world's largest crypto currency, it can be deduced that Bitcoin is currently having a bearish run, up until the market structure is regained and we have a violent break out from a lower low to a higher high, the price will continue to be sold into at every resistance.
After the Euler Finance Team got back all the funds stolen by the hacker, I am very positive that the price will see a positive movement and momentum and it could invariable get to $6 at first and to $9 ultimately.
The Macro Bearish structure for Bitcoin has not been invalidated, beyond the fact that we have had Ethereum bouncing off its lows with an appreciation of 135%, the dangerous things about Ethereum led rallies is that it is usually fully retraced. Coupled with the fact that we had the textbook exit pump with doge and shib, I'd suppose that its basic knowledge that...
The price of GMT from its listing has gone over 30X, however, it has reached the local top and it is quite rational that it will correct completely even if it will brace for another run. I have been holding a short for $GMT since it got to $3 and I will only take profit fully when it gets to $1.5, I also think the token is overhyped and doesn't really offer any...
I think Bitcoin pushes down to sub $25k, this is due to a whole lot of macroeconomic factors which include the recession. Bitcoin is a risk-on asset and I don't see big investors coming into the market until it is clear where we are going. I think the Bear flag will be confirmed following a breakdown from $35,000 and this pushes the price to around $25000.
Bitcoin has seen an upward movement that is unprecedented throughout its cycle by having a 10-day straight pump with a correction that doesn't transcend the 23% fib retracement levels and it has seen about three different pumps spanning across three periods, it is due for a correction in my own opinion but somehow it has managed to continually keep up the momentum...
Updates on the Crypto Market You must have noticed the Euphoric Arousal in the Market as Alt Tokens have started moving upwards and Pumping at a speed only seen during Alt Season you may be tempted to FOMO as we have seen some FOMO that paid off and some that will catch your hands to the door panel; Be cautious. $BTC is at a moment of Decision across this Zone...
I expect the Price of Bitcoin to nosedive from here. BTC has failed to break the resistance level at $45000 and saw a sharp rejection from there. In case you feel the Urge to FOMO into Supply Zone I can only pray that the Spirits be with you. On the 4hr chart, the Indicators are showing Oversold hence it is absolutely normal that we see a little Pull Back,...
$Theta has been one of the tokens on my radar for the past weeks and with the decrease in $Bitcoin Dominance, one would expect that certain alts will have breathing spaces. Theta has shown itself to be one of such tokens with Prospective pumps incoming, this prediction talks about its trading level to level. we are approaching the July ATH and this will complete...
The BTC has Printed a Bearish Divergence on the 4hr chart, often times this leads to prolonged consolidation and eventual fall in the price of the charted asset.
Hedera Hashgraph has printed a bull flag on the daily Candle, it is currently at the lower part of the Bollinger Band so this present is a very good buying opportunity, you could also wait for a breakout as that will help you manage risk more.
RIF on the BTC pair has shown a Bullish pennant and that pattern will be active for the next 15mins