Category

Bitcoin "Cup and Handle" Pattern Emerges: A Bullish Trend on the Horizon?From a technical analysis perspective, Bitcoin's weekly chart is exhibiting a pattern known as the "Cup and Handle," which typically signals an upward price trend after the pattern's full formation. However, it's important to note that before a breakout and new all-time high, a minor pullback often occurs, gathering momentum for the subsequent rally

Bitcoin Plunges to Lowest Since August: What Triggered the Sell-Off?Bitcoin suffered a sharp decline on Tuesday evening, falling below $59,000 and reaching its lowest price since August 19th. Ethereum also tumbled, with Ether prices dropping nearly 10%

Ethereum Foundation's Mysterious 35,000 ETH Transfer: Where's the Transparency?On August 24, the Ethereum Foundation deposited 35,000 ETH (approximately $94.07 million) into Kraken, sparking widespread discussion within the crypto community

Ethereum Price Fluctuation: Bullish Momentum Stalled, But Positive Sentiment RemainsEthereum [ETH] experienced a rapid surge last week, sparking anticipation among investors and traders for a bullish run. However, the price failed to sustain the gains, and the initial optimism quickly faded, leading to a cautious market sentiment

Binance Coin (BNB) Rallies 9%, Reclaims Fourth Largest Cryptocurrency Spot, Amidst Regulatory Challenges and Price PredictionsBinance Coin (BNB) has witnessed a significant resurgence, surging 9% in the past 24 hours, reclaiming its position as the fourth-largest cryptocurrency. However, regulatory concerns continue to pose challenges for BNB, fueling Fear, Uncertainty, and Doubt (FUD) amongst consumers

Cryptocurrency Market Volatility: Bearish Trend, Strong SOL Performance, and Analysis of Five Potential CryptocurrenciesThe overall market trend remains bearish, and it is expected to continue fluctuating within the range of 62,500-64,000 in the short term. Ethereum is expected to fluctuate in the range of 2,650-2,750, while Solana is relatively strong and is expected to fluctuate in the range of 155-162

TON Event Shakes the Market, Bitcoin Consolidates, Outlook for the New WeekYesterday, the biggest event in the crypto world was the arrest of TELEGRAM's founder, causing a significant drop in both the TVL (Total Value Locked) and price of TON-related ecosystems. Until official clarification is provided, this fear sentiment will not dissipate in the short term

Bitcoin 5-Day Moving Average Analysis: Consolidation, Bullish Trend RemainsSince the decline on August 5th, Bitcoin has surged by 30%, pushing prices back above $60,000. Despite recent market volatility, the long-term bullish trend for Bitcoin remains intact

Interest Rate Cuts Are a Done Deal, Crypto Market Poised for a Bull Run, Will Institutional Accumulation Spark a New Bull Market?Interest rate cuts are basically a done deal. While this is long-term bullish, it's not a short-term catalyst for immediate price surges

Bitcoin Nearing $66,000? On-Chain Data and Technical Indicators Hint at Bullish SignalsBitcoin's price could soon break through the $66,000 mark, fueled by robust on-chain metrics and a bullish technical pattern. The 14-Day Market Realized Gradient and the NVT Golden Cross metric both show positive signals, suggesting a potential upward trend

Will Bitcoin End Its Price Slump Before September? Five Key Things to Watch This WeekBitcoin is poised for a critical monthly candle close this week, with BTC price action battling back against sellers in a bid to reverse the August 8th crash. As the end of August approaches, Bitcoin has embarked on a resurgence, with BTC price targets set at $65,000

The Interest Rate Cut Trigger: A New Era for Bitcoin Bulls?Markets abhor uncertainty, which could be the reason behind Bitcoin's sideways trading since March. Despite positive factors like record ETF inflows, rapid institutional adoption, post-halving effects, and an increasingly heated political and regulatory landscape, the price has remained stagnant