Bitcoin Bulls Poised For Action As Market Flashes Bullish Divergence—Details
Market watchers have taken notice of Bitcoin’s recent price swings after a notable surge in transactions from affluent individuals. Market observers think that this might lead to a brief price spike, even while larger economic worries still throw a shadow over the cryptocurrency scene. Crucial price levels that can signal the next big rise in…
Bitcoin Buying Pressure Wanes—Chart Reveals 60-Day Downtrend
Analysts reported that the crypto community is witnessing a decline in the buying pressure for Bitcoin, pushing the firstborn cryptocurrency into negative territory. However, some market observers noted that not all is lost in the recent slide of Bitcoin, saying what seems to be an unfavorable condition offers opportunities for long-term investors. Downward Trend Analysts…
Wyckoff Cycle Shows Where We Are In The Market And When Altcoin Season Will Begin
The crypto market could be getting ready to enter the highly anticipated altcoin season. As the market rides the bull wave spearheaded by Bitcoin, a crypto analyst has identified the current phase of the market using the Wyckoff Cycle. This analysis suggests that altcoins are preparing for a “parabolic run” that could kickstart the onset…