Peter Brandt, a veteran crypto analyst, recently brought attention to an inverted or expanding triangle pattern in Bitcoin (BTC) through his classical charting principles. He shared a price chart illustrating Bitcoin’s price movements, highlighting a unique pattern on August 12. The pattern features two descending trend lines that are diverging from one another, indicating a
Bitcoin
Bitcoin continues to be a hot topic in the cryptocurrency world, with analysts constantly sharing their predictions on the future price movements of the pioneer cryptocurrency. A recent forecast by a crypto analyst known as ‘Sensei’ has caught the attention of many investors, as he boldly predicts that Bitcoin could reach a staggering $72,000 in
Several crypto analysts have been making bold predictions regarding the future price of Bitcoin, with one analyst, CryptoCon, pointing out a technical indicator that has accurately predicted local highs for Bitcoin in the current bull run. According to CryptoCon, Bitcoin is poised to reach $100,000 and potentially even $109,000 by the end of the year.
The recent discussion by crypto analyst Benjamin Cowen on the death cross indicator has shed light on Bitcoin’s vulnerability to a potential price decline. The appearance of the death cross on Bitcoin’s chart has made the $62,000 price level crucial for the flagship cryptocurrency to avoid another price crash. Cowen highlighted in a video on
Semilore Faleti is not just a cryptocurrency writer, but a specialist in the field of journalism and content creation. His journey began with writing on various subjects, but it was his ability to unravel the complexities of blockchains and cryptocurrency that truly set him apart. Semilore is fascinated by the efficiency of digital assets and
The recent analysis by crypto analyst Rekt Capital has brought some much-needed optimism to Bitcoin investors. Despite the massive sell pressure that the flagship crypto has been facing, Rekt Capital suggests that the worst may be over. This is supported by a significant surge in Bitcoin’s dominance, indicating that a reversal may be imminent. Seller
Semilore Faleti is a prominent figure in the field of cryptocurrency journalism, with a specialization in content creation and journalism. While starting his career by writing on various subjects, Semilore quickly discovered a passion for exploring the complexities and intricacies of blockchains and digital currencies. He delves into the efficiency of digital assets in terms
Samuel Edyme, also known as HIM-buktu, is a web3 content writer, journalist, and aspiring trader with a diverse skill set. His ability to craft compelling narratives and identify emerging trends has earned him recognition in the industry. Edyme has contributed to reputable platforms such as AMBCrypto, Blockchain.News, and Blockchain Reporter, showcasing his expertise in the
The recent Bitcoin price crash below $60,000 has disappointed many investors who were hoping for a new all-time high in the short-term. However, experts still believe that there is potential for the BTC price to rebound over the long term. One such expert is CryptoQuant CEO Ki Young, who remains bullish on the Bitcoin price
The recent analysis from crypto analyst Altcoin Sherpa has raised concerns about the potential for Bitcoin to drop even further, suggesting that the $50,000 level may not be the bottom. Altcoin Sherpa predicts that Bitcoin could find its bottom at the $40,000 range, leading to more liquidations and further pain for investors. This viewpoint highlights