In a recent conversation with Fundstrat’s head of digital asset strategy, Sean Farrell, it was posited that bitcoin could climb to $ 175,000 within the year. This statement came shortly after the firm’s co-founder, Tom Lee, asserted on CNBC that bitcoin is poised to be the top-performing asset of the year. Farrell’s Forecast: Bitcoin …
Bitcoin Technical Analysis: BTC Remains Range Bound Ahead of US Inflation Report
Bitcoin’s price movements on April 10, 2024, showcased a day of significant volatility, with the cryptocurrency’s value swinging between $ 68,207 and $ 70,917. Oscillators and moving averages paint a complex picture of neutrality and cautious selling signals, amidst a backdrop of a $ 1.35 trillion market capitalization. Bitcoin’s stance of neutrality …
Ethereum Technical Analysis: ETH Remains Range Bound With Neutral to Bullish Momentum
Ethereum’s price held above $ 2,300 over the past 24 hours, ranging between $ 2,266 and $ 2,333. The cryptocurrency faces technical resistance at its recent highs according to an analysis of key oscillators and moving averages. These indicate continued neutral to bullish momentum over the past month across the daily, 4-hour, …