Bitcoin Shoots Above $73K, Tumbles to $69K, Rebounds to $71K, Triggering $360M in Crypto Liquidations
Momentum behind bitcoin’s rally has waned so expect a period of consolidation, Matrixport analysts noted.
Bull
Chart Expert Peter Brandt Raises Bitcoin’s 2025 Target to $200K on Channel Breakout
Brandt expects bitcoin’s ongoing bull market to peak at $200,000, a significant upward revision from the previous estimate of $120,000.
Bitcoin Shorts Lose $150M as BTC Poised For ‘Tremendous Upside’
A market observer said that bitcoin and crypto markets will enter an “unprecedented phase of adoption” as prices eventually breach lifetime peaks.
Bitcoin Indicator, Which Signaled Late 2023 Rally, Is About to Flash Bearish Signal
The Guppy Multiple Moving Average indicator is about to flash a red signal, indicating a strengthening of downward momentum.
Bitcoin’s Safe Haven Appeal Could Be Tested Soon, U.S. Bond Market Suggests
Recent developments in the U.S. Treasury yield curve suggest a recession may arrive soon, strengthening the case for investing in assets with safe-haven appeal.
Here’s Why Bitcoin’s Famed Bull-Market Pullbacks Have Been Elusive During the Recent Price Surge
The bull market has been clearly spot-driven, with all major derivatives veri relatively flat, one observer said, adding the rally has limited downside.
Bitcoin to Score ‘Golden Cross’ After 30% Price Surge in Two Weeks
The forthcoming price pattern would signal a strengthening of bullish momentum.