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Showing posts with the label bullish outlook

This indicator suggests Bitcoin is far from a bear market

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The cryptocurrency market has been on edge regarding Bitcoin’s (BTC) price movements, with lingering fears of a possible crash after the asset repeatedly failed to reclaim the $100,000 mark. Amid these concerns, an analyst has observed that Bitcoin may not be on the verge of a bear market based on historical price movements. Specifically, Ali Martinez highlighted that Bitcoin’s Relative Strength Index (RSI) shows the asset has yet to reach its peak in the current cycle, as he noted in a post on X on December 31. Picks for you Why MicroStrategy stock is crashing after another Bitcoin buying spree 2 hours ago Crypto trader turns $4.3k into $970,000 in a few hours 3 hours ago ...

Ethereum bulls eye $4,000 as analysts warn of ‘major rebound’

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Ethereum’s (ETH) market dynamics are indicating a notable recovery following a recent downturn driven by fear.  After a sharp decline that pushed ETHUSDT below the $2,000 mark, the bulls have regained control, lifting the price back above $2,500. In this context, trading expert RLinda projected on August 11 that this recovery phase, despite recent volatility, shows a resilient bullish outlook for Ethereum. Further, it is supported by a promising technical setup visible on both weekly and monthly chart patterns. Picks for you Bitcoin sell-off alert as investors consider removing wBTC as collateral 2 hours ago AI predicts Silver price following CPI data release 2 hours ago ...