Break of “Market Structure” Puts Bitcoin Uptrend On Thin Ice
Bitcoin and the rest of crypto have been experiencing a strong uptrend since Black Thursday when markets nuked
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Structure
Ethereum’s Market Structure “Firmly Bearish” as It Remains Below Key Level
Ethereum has seen some intensely positive price action in recent hours, with bulls catalyzing an upswing that led
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Analyst on Why Ethereum’s Bullish Market Structure Is Intact After Strong Drop
Like most other crypto assets, Ethereum has slipped lower over the past four days. After peaking on Monday,
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Ethereum Entering “New Bull Phase” as Technical Structure Shapes Up
Ethereum is currently on the cusp of breaking back into its long-established trading range between $230 and $250.A recent influx of selling pressure experienced by the cryptocurrency forced its price to break below the lower boundary of this trading range for an extended period of time, with ETH even testing
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Ethereum Positioned to Rally After Forming Historically Bullish Market Structure
Ethereum has now pushed below the lower boundary of its long-held trading range that has been formed throughout the past several weeksThis weakness has come about as Bitcoin also inches lowerBoth of these digital assets have been maintaining above these levels over the past several weeks, and a firm decline
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JPMorgan: Bitcoin’s Market Structure More Resilient Than Currencies, Equities, Treasuries and Gold
JPMorgan’s strategists have reportedly found bitcoin’s market structure to be more resilient than those of currencies, equities, Treasuries, and gold. In a new report on bitcoin’s stress test, JPMorgan wrote that cryptocurrencies have “longevity as an asset class.”In a new report entitled “Cryptocurrency takes its first stress test: Digital
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Last Time Bitcoin Saw This Structure, It Surged 40%. It’s About to Happen Again
While history never repeats, history often rhymes for the Bitcoin market.Each of the asset’s market cycles seems to have periods of eerily familiar price action, marked by common chart formations and technical signals that appear time and time again. This allows analysts to predict what comes next by looking at
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Last Time Bitcoin Had This Market Structure, It Rallied 250% in Three Months
It’s been a volatile past few weeks for Bitcoin.Last week, the cryptocurrency traded within a $2,000 range, rallying as high as $10,400 before plunging to $8,600 in a massive liquidation event that wiped out over $100 million worth of positions.On a smaller scale, Bitcoin has seen rapid $100-300 swings multiple
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Bitcoin’s Market Structure is Growing Highly Bullish After Breaking Through This Level
Bitcoin saw a notable breakout today after being caught within a prolonged bout of sideways trading over the past several days and weeks, with today’s upwards movement bolstering the cryptocurrency’s market structure. One prominent trader is now that he believes that the cryptocurrency is bound to see further upside due to
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Ethereum Poised For a Fresh Rally Based On This Bullish Market Structure
Ethereum is showing positive signs above $225 against the US Dollar. ETH price is likely forming a bullish breakout pattern and it could soon rally above $235-$238.Ethereum is forming a nice bullish formation above the $220 support area against the US Dollar.The price is likely to surge above $230 and
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