Crypto analyst TechDev has recently provided valuable insights into the future trajectory of Bitcoin. According to his analysis, Bitcoin has not yet reached its full potential in the current market cycle. TechDev’s chart highlights that Bitcoin is still poised to make a parabolic move to the upside before experiencing a significant decline. This suggests that
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Meet Christian, a journalist whose life revolves around words and cryptocurrencies. His journey began in the world of academia, where he honed his storytelling skills as a feature writer for his college paper. This early love for writing paved the way for a successful career in journalism, taking him from newspapers in Canada and South
The cryptocurrency Polkadot (DOT) has gained attention for its unique approach to interoperability and scalability within the blockchain space. Despite its recent upward momentum, the presence of a rising wedge chart pattern on the price chart indicates a potential downturn in the future. Traders and investors closely monitor confirmation signals, such as a break below
PEPE, a cryptocurrency that has been gaining significant attention from traders and investors, is currently experiencing a remarkable upward trajectory. The bullish momentum surrounding PEPE reflects a strong market confidence and growing optimism about its future prospects. At the time of writing, PEPE’s price was trading at approximately $0.00001531, marking a 3.33% increase. The cryptocurrency
Bitcoin’s price has shown signs of returning to a choppy market condition, dimming hopes of an imminent breakout to new highs. However, despite the current stagnation, the ongoing bull cycle may not be over yet. Recent on-chain observations reveal that Bitcoin has entered a phase known as the “Euphoria Wave” over the past few months.
Bitcoin’s recent failure to break above the $72,983 resistance level has resulted in a downward trend in its price. Despite still trading above the 1-day Simple Moving Average (SMA), the rejection has caused Bitcoin to drop from $71,942 to $66,785 and move below the SMA in both the 1-hour and 4-hour charts. This descent below
The world of cryptocurrency is always full of surprises, especially when it comes to the price of Bitcoin. Recently, a well-known crypto strategist made a bold prediction about the future of Bitcoin’s price, and if his analysis is correct, the market could be in for a rough ride ahead. The crypto analyst, known as Xanrox,
The Rehabilitation Trustee of the now-defunct crypto exchange Mt. Gox has recently confirmed that it has not sold its significant Bitcoin holdings, despite transferring over 140,000 BTC (approximately $10 billion) today. The trustee has emphasized that preparations to repay creditors are currently in progress. According to a statement released on May 28, the bankruptcy process
In recent news, Ethereum exchange-traded funds (ETF) have gained significant attention following the approval by the United States Securities and Exchange Commission (SEC). This development comes at a time when the Bitcoin spot ETF market is also experiencing a resurgence, with positive inflows for the second consecutive week. The positive investment activity in both markets
Bitcoin has been a hot topic in the world of cryptocurrency, with many analysts predicting various scenarios for its price movement. One such analyst, known as CrediBullCrypto, has put forth an “ultra bull scenario” for Bitcoin, suggesting that the cryptocurrency could potentially reach a price point above $80,000 in the current market cycle. This bold