Bitcoin price just breached above $39K for the first time in 2023, and the first time since May 2022. With the latest resistance taken, what’s next for the top cryptocurrency by market cap? Bitcoin Surpasses $39K As 2023 Rally Continues Bitcoin price action is heating up on a Saturday afternoon, breaking above local highs and […]
Bitcoin price action has triggered a technical momentum signal that in the past appeared within four to six months from each cycle peak. Could the next crypto bull market top be in so soon when the rally barely feels underway? Let’s take a look at the 1M Stochastic Momentum Index and the supporting data. A […]
The total crypto market capitalization (TOTAL on TradingView) chart is showing signs that volatility could dramatically expand after dropping to historic lows. This tightening of volatility often precedes massive breakouts. Could this cause the crypto market to go supernova? Total Crypto Market Reaches Tightest Monthly Bollinger Bands Ever The total crypto market cap volatility on […]
As Bitcoin price approaches $40,000 per coin and higher, sidelined market participants and even crypto bears will at some point start to consider that the bottom is in. A signal has since appeared that is currently flawless at picking out when BTCUSD has built a strong enough base. Each time after moving away from this […]
Bitcoin price can be unpredictable. But shockingly, a specific model managed to predict the peak in 2021 at above $60,000 as far back as 2019. That same model is now pointing to a peak range near $732,000 per coin. Is this a realistic estimate, or pure hope? Let’s take a closer look at the model […]
Bitcoin price is at roughly $37,000, gaining more than $10,000 over the last month. The BTCUSD chart is beginning to look a lot more bullish. However, the most chart you’ll ever see is the top cryptocurrency by market cap compared against the money supply. Take a look. Bears claim Bitcoin is going back to $10,000 […]
Ethereum sentiment is at extreme lows despite an ongoing recovery in the cryptocurrency market. Controversy continues to keep the top altcoin from joining in the fun. But a rising tide lifts all boats, and Bitcoin’s breakout could have been enough to revive Ether, albeit later than other coins. The recent rise has been enough to […]
Bitcoin price just set a higher high above the current 2023 high and 52-week high. What’s next after this as Bitcoin bulls continue to march upward? Bitcoin price is now trading above $31,800, which was the most recent 2023 high set back in July. Not only did July hold the record for the highest price in […]
You might not realize it yet, but Bitcoin price could be in a bull market, on the cusp of a major breakout into its most bullish phase yet. Bitcoin Could Get Impulsive If 2023 High Is Broken Bitcoin price is back above $31,000 after spending more than a year in the $20,000 range. A higher […]
The SEC must appeal Grayscale’s recent court win by the end of the day today, or will be forced to approve or delay the company’s plan to convert GBTC into a Bitcoin ETF. The Grayscale Bitcoin Trust (GBTC) chart could be signaling an imminent breakout, which could hint at the SEC failing to file an […]