Bitcoin (BTC), the world’s leading cryptocurrency, has recently reached a new yearly high of $42,100, sparking excitement and concern among market participants. While some see this as a continuation of a bullish trend, others worry about the potential for a significant correction and subsequent liquidation sweep, which could drive the price down to as low
Bitcoin
Bitcoin and the broader cryptocurrency market have been on an exceptional bull run, surpassing critical resistance levels and reaching new yearly highs. As we approach the end of 2023, Bitcoin is edging closer to the significant milestone of $50,000. This surge is primarily attributed to two major bullish factors that continue to shape the market
The LINK price has once again picked up momentum after a period of stagnation, maintaining its position above the $14 level. What is particularly interesting about this recent surge is the massive accumulation of tokens by Chainlink’s biggest holders. Santiment, a crypto analytics firm, has revealed that these whales have purchased a substantial amount of
The Bitcoin future price trajectory has been a topic of intense discussion and speculation for many months. As investors and analysts eagerly await the next surge, various models and theories have emerged to predict when Bitcoin may reach new all-time highs. One such approach is based on historical trends surrounding Bitcoin halvings. In this article,
Anticipation is growing within the cryptocurrency community as major asset managers predict a potential approval window for Bitcoin ETF applications. Bloomberg ETF expert James Seyffart has pinpointed the window from January 5th to January 10th as the possible date for approval. This timeframe holds great significance, as it could mark a major milestone for the
Bitcoin has seen a significant surge in price, with a 4-hour candle recently closing above the crucial $38,000 level for the first time this year. This bullish movement has sparked speculation about the factors driving the rally and the potential for further price growth. In this article, we will explore the reasons behind Bitcoin’s recent
Despite recent days of stagnation, the XRP price has displayed strong bullish tendencies in the past. In fact, an analysis of the XRP/USD trading pair’s 1-month chart reveals an extremely rare occurrence in the form of three consecutive monthly green candles. This phenomenon has only been documented twice in the history of the cryptocurrency, making
Legendary trader John Bollinger has expressed concerns over the underperformance of Litecoin compared to Bitcoin. Bollinger, renowned for developing the popular technical analysis tool called Bollinger Bands, has observed a worrying pattern in the Litecoin market. When asked for an analysis of LTCBTC, Bollinger highlighted the disparity between the two cryptocurrencies, emphasizing Litecoin’s struggle to
Positive events have come for Solana (SOL), the high-performance blockchain network, indicating bullish momentum. In the last month, the price of Solana has risen by 84%, and is currently trading at $56. With gains of 18 out of the previous 30 days and price volatility of 22.32%, Solana is still a force to reckon with.
In a dramatic turn of events, TerraClassicUSD (USTC), the algorithmic stablecoin connected to the LUNA ecosystem, recently experienced a remarkable upward trajectory, with gains surpassing 300%. This sudden spike in USTC’s price within the past 24 hours has left investors pondering the implications for Terra Classic (LUNC) and the potential revival of the LUNA ecosystem.
