Ethereum’s price on August 19, 2024, stands at $ 2,582, with a 24-hour intraday range of $ 2,572 to $ 2,681. The cryptocurrency recorded a trading volume of $ 9.5 billion, contributing to a market capitalization of $ 310 billion. Despite these figures, ethereum’s technical indicators reveal a bearish outlook, …
Peter Brandt Anticipates Bullish Move for Bitcoin, Says ‘Bears Are Trapped’
Veteran trader Peter Brandt’s recent bitcoin analysis suggests a bullish momentum, noting that a bear trap is confirmed by the July 13 close. However, this outlook is contingent on bitcoin staying above $ 56,000. Brandt recently predicted a potential BTC peak at $ 150,000 by late 2025. Peter Brandt Foresees Bullish Momentum for …
Ethereum Technical Analysis: ETH Caught in a Tug of War Between Bulls and Bears
Bitcoin Technical Analysis: Bears Take the Reins Clawing BTC’s Price Back
On Monday, the valuation of bitcoin experienced a 3.3% decline within the past day, falling beneath the $ 42K threshold. Currently positioned at $ 42,224, bitcoin’s valuation is undergoing a marked shift in the cryptocurrency landscape on Dec. 11, 2023, just two days prior to the forthcoming meeting of the U.S. Federal Reserve. …