Thursday, May 2, 2024
Home > Breakout (Page 15)

Friday’s Crypto-Market Breakout Caused Massive Short Covering, May Be Technically Significant: FSInsight — CoinDesk

It is possible that bitcoin is starting off its “traditionally bullish 4Q seasonal rally,” FSInsight said. The firm’s first upside target is $52,956 – the September high – followed by $64,895. Momentum may be overbought on an hourly basis but “dips are likely buyable” daily momentum is not overbought, FSInsight

Read More

Bitcoin ‘heavy breakout’ fractal suggests BTC price can hit $250-$350K in 2021

Bitcoin (BTC) has the potential to push its prices to between $250,000 and $350,000 by the end of 2021, a long-standing fractal suggests.First spotted by pseudonymous analyst Bit Harington, the bullish setup drew its inspirations from Bitcoin's secular bull runs every time after halvings when the miner block reward gets cut in

Read More

Bitcoin holds $46K support after failed breakout, Cardano price passes $2.20

Bitcoin (BTC) bounced at $46,000 support on Aug. 14 after an attempt to crack major resistance ended in rejection.BTC/USD 1-hour price chart (Bitstamp). Source: TradingViewBitcoin rejects at $48,000Data from Cryptox Markets Pro and TradingView showed BTC/USD rising to tackle a giant sell wall during Saturday, only to reverse downwards to

Read More