While bitcoin experienced a 12% decrease following its all-time high last week, gold has shown relative stability over the past five days, with only a slight 1% decline in the same period. In a similar vein to crypto enthusiasts, advocates for gold predict that the metal will continue its upward trajectory, potentially reaching the $ […]
Bitcoin Technical Analysis: Oscillators and Averages Signal Strong Upward Momentum
Bitcoin’s price on Monday, March 11, 2024, shows a bullish trend is undeniably in the air. The day unfurled with bitcoin dancing between $ 67,785 and $ 71,837, revealing a bullish sentiment amidst traders. This swing is underpinned by a robust market capitalization of $ 1.4 trillion, with a notable 24-hour trading …
Bitcoin Technical Analysis: A Series of Successive Gains Signals Strong Market Confidence
As bitcoin weaves its way through the market’s intricacies, its pricing path exhibits an unyieldingly positive trend, marked by a train of successive increases. Reaching $ 59,992, the leading digital currency experienced a significant intraday journey, fluctuating between $ 56,383 and $ 59,992, highlighting a period of volatility but with an extremely …
Pantera Capital Predicts ‘Strong’ Crypto Bull Market Over Next 18-24 Months
American hedge fund Pantera Capital has predicted “a strong bull market” for cryptocurrencies over the next 18-24 months. “With the halving expected to occur in late April 2024, we believe the convergence of these positive things will provide strong tailwinds for the next bull market,” said Pantera founder Dan Morehead. Pantera’s Bull Market Prediction Pantera […]
Bitcoin Technical Analysis: BTC’s Bullish Momentum Signals Strong Market Confidence on Valentine’s Day
Bitcoin’s price trajectory on Feb. 14, 2024, showcases a robust bullish trend, with the cryptocurrency reaching a 24-hour high of $ 51,814. Amidst a consolidating market, the digital asset has seen significant growth, marking a 3% increase today, and 21% over the past month. Bitcoin Bitcoin (BTC) has demonstrated remarkable resilience and growth, with …