Bulls Aim To Regain Control Of Bitcoin, Altcoins: Are Charts...
Analysts believe that Bitcoin is in deep value territory, and withdrawals from cryptocurrency exchanges suggest strong accumulation by investors.
Analysts believe that Bitcoin is in deep value territory, and withdrawals from cryptocurrency exchanges suggest strong accumulation by investors.
Activity on Solana’s blockchain and DApp competitors move ahead of the network while SOL derivatives data tips toward further price downside.
Bitcoin and altcoins are nearly 20% up from their February sell-off lows. Are bulls taking control of the crypto market?
Charts suggest Bitcoin may remain range-bound, with $74,000 being the toughest resistance to overcome. Will altcoins drop their recent gains or continue to find buyers?
Analysts believe that Bitcoin might witness strong moves, causing another round of forced liquidations.
Bitcoin and several major altcoins sold off right at their overhead resistance levels, indicating that the bears remain sellers on rallies.
Bitcoin’s abrupt rally to $74,000 caught the bears completely off guard, a feature shown in the technical charts of BTC and large-cap altcoins.
Markets turned green on Monday, and technical charts hint that a break above longer-term overhead resistance levels could kickstart a strong bull trend.
Technical charts forecast that Bitcoin’s downside price risk may be limited, even as BTC failed to overcome $70,000 multiple times this week.
Bulls reclaimed control of the crypto markets on Wednesday as BTC soared above $69,000 and several altcoins made double-digit gains.
US trade policy and stock market weakness spilt over to crypto markets, where Bitcoin and altcoins are at risk of falling to new year-to-date lows.
Bitcoin and altcoins showed strength in the US session, but technical charts suggest the bears may continue to exert pressure near the intraday highs.
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